US-Iran Talks End Without Agreement, Global Markets Expected to be Impacted

Talks between the US and Iran in Pakistan have ended without an agreement, which could significantly impact investor sentiment and set the stock market in motion as soon as the market opens on Monday. Experts say that the failed talks will affect global markets, especially crude oil prices will shape the direction of the market. The stock market will be closed on Tuesday, April 14, due to Babasaheb Ambedkar Jayanti. Trading will resume on April 15. Iran's Foreign Ministry spokesman said that no agreement was reached in the talks because the US side's demands were very high, although some agreement was reached on some issues. US Vice President J.D. Vance said that Iran was not ready to give up its nuclear program, which was a major source of contention. Last week, the market bounced back on hopes of a ceasefire and falling crude oil prices, with the BSE Sensex up 4 230.7 points and the NSE Nifty up 1 337.5 points, according to analysts.