01:48:00 PM IST, 16 Jun 2026
Sensex Today | Nifty 50 | Stock Market Live Updates: European shares edge higher as US-Iran deal boosts sentiment
European equities rose slightly on Tuesday, with the STOXX 600 up 0.3%, as investors assessed a preliminary US-Iran agreement that could reopen the Strait of Hormuz and ease global oil supply concerns. The industrial goods and services sector led gains, while oil prices continued to fall, supporting expectations of easing inflation pressures.
Markets also tracked central bank actions, with the European Central Bank having recently raised rates and other major central banks, including the US Federal Reserve and Bank of England, due to announce decisions later this week. Tech stocks slipped slightly, while individual movers included STMicroelectronics, which fell after a bond plan, and UniCredit, which rose after developments in its Commerzbank stake move.