US SECRETARY OF STATE MARCO RUBIO ON POSSIBLE IRAN DEAL:
“EITHER THERE IS GOING TO BE A GOOD DEAL, OR THERE ISN’T GOING TO BE ONE.”
RUBIO SAID DONALD TRUMP HELD A “HISTORIC CALL” WITH REGIONAL LEADERS AND THERE IS STRONG ALIGNMENT ON WHAT A PRELIMINARY DRAFT SHOULD LOOK LIKE.
FINAL DETAILS MAY TAKE “A COUPLE OF DAYS” TO SETTLE.
EARNINGS WATCHLIST @NDTVProfitIndia
POSITIVES
Amara Raja Batteries-Inline Q4 with one time gains
Hitachi Energy-Strong beat on all segments, strong execution
Awfis-Strong operational performance
AB Fashion- Q4 beat-Strong Pantaloons performance
Pine Labs- Delivered strong operating leverage
KSH International-Turnaround quarter
Insolation Energy-PAT up 65% YoY, Strong execution
Pace Digitek-Margins up 380bps YoY
Suprajit Engineering-Controls division performance better than global averages
Chemplast Sanmar-Bet on higher volumes and favorable pricing
Sudarshan Chemicals-Strong ramp up of pigment revenues
NEGATIVES
RVNL-Weak execution
SEBI Proposes Flexible Options Trading Rules To Handle Sharp Market Swings
SEBI wants stock exchanges to quickly add new option strike prices during volatile markets, helping traders continue buying and selling smoothly without disruptions. The move is aimed at improving trading ease and reducing issues during sudden market moves.
BREAKING: Iran warns the US-Iran agreement "will be completely cancelled" due to ongoing US obstruction on clauses including the release of Iran's $100 billion of frozen assets, with the US now trying to link them to nuclear concessions which Iran rejects, per Tasnim.
The White House is now backing away from yesterday's "largely negotiated" claim, conceding the deal "could still fall apart," per senior US officials.
Trump himself walked back urgency on Truth Social from yesterdays "deal coming shortly" to now stating "time is on our side" and saying the blockade "will remain in full force," which Iran also says needs to be lifted in order sign any agreement.
BREAKING: The White House no longer expects an agreement with Iran to be announced today and thinks it could take "several more days" for the deal's approval, per Axios.
Yesterday, President Trump said a deal announcement was coming "shortly."
US officials are "optimistic" but say the deal could still fall apart.
India-US trade deal talks enter final stage, says EAM S. Jaishankar after meeting US Secretary of State Marco Rubio
India and US close to finalising interim trade agreement.
10-year India-US Defence Partnership Framework Agreement renewed.
US delegation to visit India soon for next round of trade deal talks.