Pre Market Analysis, Global Cues & US-Iran Deal | 15 June, 2026

Global markets are celebrating this morning after reports of a US-Iran deal, and the impact is visible everywhere. Crude oil has fallen sharply to around $83, US bond yields have cooled, and Asian markets are seeing strong buying across the board. Japan and Korea are up more than 5%, showing how positively markets are reacting to the news. For India, falling crude oil is a big positive. Lower oil prices reduce pressure on inflation, fuel imports and government finances. This is one of the biggest reasons why global markets have turned so strong today. Gift Nifty is pointing towards a massive gap-up opening of around 380-400 points, which means Nifty could start the week well above Friday's close. One thing still needs attention though. USD/INR is still around 95.1. Even after crude oil crashed, the rupee remains weak. That's probably the only major concern in an otherwise very positive setup. Apart from global developments, today's WPI inflation data will also be tracked. Tomorrow, trade balance numbers are scheduled. They may not move the market as much as the US-Iran news, but they can still influence the currency and interest rate outlook. For today, the focus is simple. The market is getting a strong opening because of falling crude oil and easing geopolitical tensions. The real question is whether buyers continue after the gap-up or use higher levels for profit booking.