June 15 India Markets Brief

India opens the week after a 2% Friday rally — the US-Iran deal firmed over the weekend but isn't signed.Where the market stands as the week opens. Friday closed strong: the Nifty jumped 1.99% to 23,623, a broad financials- and realty-led relief rally, after the US and Iran were reported to have agreed a draft deal to reopen the Strait of Hormuz. That sent crude to a three-month low, and a soft 3.93% May inflation print added a second tailwind. Over the weekend the deal got firmer — Pakistan's PM reported a final text and the US began setting up a Geneva signing — but it is still unsigned and Iran stayed cautious, and oil held its drop below $87. So India opens with the relief intact but not sealed.In this episode:• Friday: Nifty +1.99% to 23,623, Sensex +2.30%, all 30 Sensex stocks green; banks and realty led, IT the lone laggard• The trigger: a reported US-Iran draft deal to reopen Hormuz sent Brent to a 3-month low — the relief that matters most for an oil importer• The weekend: the deal firmed (final text reported, Geneva signing prepared) but is STILL UNSIGNED — a slip is the live Monday risk• Soft May CPI of 3.93% eases the worry the RBI must stop cutting rates• The quiet tell: foreigners were still net sellers (about ₹1,000 cr); domestic funds (over ₹5,000 cr) funded the whole rally• The slow story: India's new bond-tax and deposit rules began pulling foreign debt money in even as equity money left• Watch this week: the Geneva signing, where oil settles, and whether foreign selling turns🎧 Spotify: https://open.spotify.com/show/033rwEHFh1kFDzi9G5SQv8📩 Free brief: https://toroiq.substack.com/𝕏 @toroiqResearched, written and reviewed by Nimit Mehra (CFA L3, NISM XA/XB). Narration is AI-generated (Sarvam TTS); the analysis is human. The US-Iran de-escalation is reported and developing; only the market reaction is treated as confirmed, with no claim the deal is signed and no scope/casualty claims.This is general market commentary, not investment advice. I am not a SEBI-registered Research Analyst. For advice tailored to your situation, consult a SEBI-registered Investment Adviser. Markets are risky; you may lose money; act with care.