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Nifty, Sensex to rally more on Monday? Iran peace deal among 5 factors to dictate Dalal Street this week

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Nifty, Sensex to rally more on Monday? Iran peace deal among 5 factors to dictate Dalal Street this week
The Indian stock market staged a sharp rebound on Friday, with the Sensex and Nifty surging nearly 2% each, as hopes of a US-Iran peace deal, easing crude oil prices and improving global sentiment boosted investor confidence.

The rally added nearly Rs 10 lakh crore to the combined market capitalisation of BSE-listed companies, taking the total market value to around Rs 462 lakh crore. Here are 5 factors that will decide market mood.

Iran deal hopes

US President Donald Trump on Thursday said the United States and Iran could sign a peace deal as early as this weekend, a development that could reopen the Strait of Hormuz for shipping. Speaking to reporters at the White House, Trump said, “We just made a great settlement of the war with Iran.””The strait will officially open as soon as we sign, which could be soon, very soon, maybe over the weekend in Europe,” he added, noting that Vice President JD Vance could sign on behalf of the United States.

When asked whether Iran’s Supreme Leader Ayatollah Mojtaba Khamenei had approved the deal, Trump said, “I understand the answer is yes.”
Can oil prices extend slide

Oil prices fell to a three-month low on Friday after Iranian state media reported that a draft memorandum of understanding between Iran and the United States includes a commitment by Washington to ease oil sanctions and a pledge by Tehran to reopen the Strait of Hormuz within 30 days.According to Iran’s Mehr News Agency, the 14-point document states that final negotiations will begin only after half of Iran’s frozen assets are released, US oil sanctions are suspended and the naval blockade is lifted.

Will rupee strengthen more?

The Indian rupee strengthened by 60 paise to 95.25 against the US dollar in early trade. “Going ahead, crude oil movement will remain the key driver for the currency, along with capital flows and global risk sentiment.”

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USD/INR witnessed a volatile week, trading within a broad Rs 94.90-Rs 95.75 range before settling near Rs 95.10. The pair closed near the lower end of its ascending trendline channel, indicating a modest strengthening of the rupee during the week. Immediate resistance stands at Rs 95.30-Rs 95.40. A sustained move above this level could ease near-term bearish pressure and push prices back towards Rs 95.60-Rs 95.80. On the downside, the previous reversal low near Rs 94.75-Rs 94.65 remains a key level to watch. A confirmed break below could drag the pair towards Rs 94.40, with a stronger base seen near Rs 94.20.

The near-term bias remains cautious, driven by a fragile geopolitical backdrop influencing dollar demand alongside the strength of domestic policy support.

Global support

US stocks advanced on Friday as SpaceX’s strong market debut lifted sentiment, while investors remained hopeful about a potential peace deal between the United States and Iran. The S&P 500 rose 0.5% to close at 7,431.46, while the Nasdaq Composite gained 0.31% to finish at 25,888.84. The Dow Jones Industrial Average climbed 353.51 points, or 0.7%, to settle at 51,202.26.

Elon Musk’s rocket maker debuted on the Nasdaq at $150 per share under the ticker SPCX, above its IPO price of $135. The stock surged more than 20% shortly after listing and ended the day up 19% at around $161.

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Asian markets also joined the rally, led by a sharp rise in technology stocks. South Korea’s Kospi surged 5%, while Japan’s Nikkei 225 ended 3% higher. A continuation of the positive global momentum amid hopes of an Iran peace deal could help the Nifty and Sensex draw strength from favourable overseas cues.

Charts show promise

Sudeep Shah of SBI Securities said Friday’s rally carries added significance from a technical standpoint, as the Nifty closed above its 20-day EMA for the first time since May 2026, indicating an improvement in short-term momentum.

The daily RSI has rebounded sharply from lower levels and is now trading above the 50 mark while also moving above its 9-day average. Meanwhile, the Daily Stochastic has generated a bullish crossover, further reinforcing the positive undertone.

With multiple indicators turning favourable simultaneously, the obvious question is how much room the rally still has. According to Shah, the recent breakout above key short-term resistance levels, coupled with improving momentum indicators, suggests that the index could extend its upmove towards 23,800, followed by the psychological 24,000 mark.

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On the downside, the 23,350-23,300 zone is expected to act as a crucial support area. As long as this support remains intact, the bulls appear to have regained control. The next few sessions, however, will determine whether the move is merely a rebound or the start of a stronger uptrend.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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E-Trade Down Today? Users Report Login and Access Problems as Outage Complaints Spike During Volatile Day

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South Korea is home to the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix

Users of the online brokerage platform E-Trade reported widespread login and account access problems Thursday morning, with outage-tracking service Downdetector logging a sharp spike in complaints beginning around 10:33 a.m. Eastern time, in the middle of an active and volatile trading session on Wall Street.

Downdetector’s official social media account posted an alert flagging the rise in user-submitted reports shortly after the issues began, using the hashtag “#ETradeDown” to solicit further reports from affected users about how the outage was impacting them.

Frustrated customers took to social media in real time to describe their experiences trying to access the platform. One user wrote directly to E-Trade’s official account, “Hey E*Trade, your systems are down right now at 7/30/2026 at 10:34am. When is it coming back up?” Another user, describing themselves as a customer of nearly two decades, expressed frustration with the outage in a post that read, in part, “E-Trade is down… get your act together or I will leave the platform.” A separate user reported being unable to log in despite what they described as one of their best trading days, writing that the platform displayed a message indicating the website was too busy to process their request.

As of Thursday morning, E-Trade had not issued a public statement confirming a company-wide outage or explaining the specific cause of the access problems some users were experiencing. Outage-tracking services showed mixed readings on the scope of the disruption. One monitoring service reported E-Trade as operational with no significant outage detected, showing only a small number of user reports over the prior 24-hour period, while a separate outage-tracking site reported that E-Trade had been experiencing issues since approximately 10:20 a.m. Eastern time, based on a spike in user complaints that exceeded the platform’s typical baseline volume for that time of day.

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The reported issues Thursday came during an active session for U.S. financial markets more broadly, with major indexes moving significantly following a wave of high-profile corporate earnings reports, including results from Microsoft and Meta Platforms released the previous afternoon. Periods of heightened market volatility and elevated trading volume have historically coincided with increased strain on online brokerage platforms’ technical infrastructure, as a larger-than-usual number of users attempt to log in, check account balances or execute trades simultaneously.

Online brokerage outages during periods of market volatility are not without recent precedent. In August 2024, several major online brokerage firms, including Charles Schwab, Fidelity and Vanguard, experienced widespread access problems for thousands of users during one of the largest stock market selloffs of that year, with user complaints on Downdetector peaking around and shortly before 10 a.m. Eastern time on that occasion as well. Charles Schwab acknowledged the issue at the time in a statement posted to social media, saying that a technical issue was preventing some clients from logging into its platforms.

E-Trade, founded as one of the earliest online discount brokerage firms in the United States, has grown over the decades into one of the most widely used platforms for individual investors and traders to buy and sell stocks, exchange-traded funds, options, mutual funds and other financial securities. The company was acquired by Morgan Stanley in 2020, integrating its retail brokerage operations into the larger financial services firm’s broader wealth management business.

Downdetector, the platform used to track and aggregate the Thursday morning complaints, monitors user-submitted reports across thousands of websites and applications rather than directly accessing the internal systems of the companies it tracks. Because the service relies on self-reported complaints rather than direct server monitoring, spikes in reported issues can sometimes reflect a genuine platform-wide outage, while other spikes may result from more localized problems affecting a subset of users, specific devices, internet service providers or regional network issues rather than a broader systemic failure affecting the entire platform.

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For users experiencing difficulty accessing E-Trade during the reported disruption, common troubleshooting steps recommended for online brokerage access issues include refreshing the browser or app, clearing cached data, verifying that the device’s internet connection is functioning properly through other online services, and checking the company’s official social media channels or status pages for updates. If the underlying cause proves to be a service-side technical issue rather than a problem specific to an individual user’s device or connection, however, these troubleshooting steps are unlikely to resolve the access problems until E-Trade restores normal functionality on its end.

As of the most recent available information Thursday, E-Trade had not provided a public timeline for resolving the reported access issues, nor had the company responded publicly to the elevated volume of complaints registered through Downdetector and other outage-tracking platforms throughout the morning. Given the platform’s role in facilitating real-time trading, any extended access disruption during an active market session carries particular significance for affected users attempting to manage positions or execute trades in response to fast-moving market conditions.

Users continuing to experience problems accessing their E-Trade accounts were encouraged to monitor the company’s official channels directly for updates, rather than relying solely on third-party outage trackers, which can offer a useful gauge of the scale of user-reported complaints in near real time but cannot independently confirm the underlying cause or expected resolution timeline for a suspected service disruption.

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Hexcel Corporation (HXL) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript