S&P BSE Sensex & Masoud Pezeshkian

S&P BSE Sensex: The S&P BSE Sensex initially slipped but then rallied significantly on hopes and confirmation of the US-Iran peace deal, erasing previous losses and boosting market capitalization.

Masoud Pezeshkian: Masoud Pezeshkian, the Iranian President, acknowledged the memorandum of understanding as an 'important step' towards stopping the fighting, but noted that a final agreement for a lasting truce has yet to take shape.

S&P BSE Sensex: India's S&P BSE Sensex slipped, indicating a mixed reaction in Asian markets, though later reports showed a strong rebound.

Masoud Pezeshkian: Masoud Pezeshkian, the President of Iran, has confirmed the interim agreement and emphasized its importance in stopping the fighting, while also stressing that a final deal for a lasting truce is still pending. He has highlighted Iran's economic strains and the need for an end to the 'no war, no peace' situation.

Masoud Pezeshkian: Masoud Pezeshkian, President of Iran, stated that Iran is prepared to continue discussions within a framework of international law, leaving the door open for more negotiations.