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Trump announced a major escalation of economic pressure on Iran, warning countries and businesses aiding Tehran could face penalties. The measures target oil smuggling, finance and shipping, but details remain unclear.
While the Fed continues to wait for further economic data before making its next move, the latest minutes underscore a reality check for markets: the battle against inflation is far from over, and future rate hikes remain firmly on the table.
Check out the top stock calls, initiations, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.
Asian markets traded higher, following over gains in the US stock market as Treasury yields fell after the announcement of increased buyback operation for longer-term debt.
Brent crude traded below $92 a barrel after rising more than 5% over the previous four sessions. West Texas Intermediate for October delivery was near $84.
Allcargo Logistics could benefit from the upcoming festive season, which is expected to aid business numbers.
The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,209.50.
Asian equities advanced after US stocks snapped a three-session losing run as Treasury yields retreated from multi-year highs.
Bitcoin jumped as President Donald Trump pressed Congress to pass a key crypto bill as the White House hosted industry executives.
In a letter dated August 19, 2026, the RBI granted the approval to LIC, subject to compliance with applicable banking, foreign exchange, securities market and other regulatory provisions.
