India, June 15 -- Indian shares rose sharply on Monday, the rupee and government bonds got a lift, and oil prices plunged more than 5 percent to hit three-month lows after U.S. President Donald Trump announced a tentative peace deal with Iran, helping ease investor concerns about inflationary pressures and the potential impact on twin deficits.
Signing ceremony is set for Friday in Switzerland following weeks of mixed messaging from both Washington and Tehran on the trajectory of the conflict.
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