RouteMatic today unveiled a refreshed brand identity that reflects its evolution in step with the changing mobility requirements of modern enterprises. What began as a technology platform today has grown into a comprehensive corporate mobility ecosystem that combines artificial intelligence, integrated fleet operations and on-ground execution to deliver safe, seamless and predictable commuting experiences at scale.

At the heart of RouteMatic's new identity is an arrow-inspired symbol representing movement, direction and purpose, symbolizing forward momentum, decision intelligence, and accountability-principles that guide every route, ride, and operational decision across the platform.The design reflects RouteMatic's ability to transform what is often a fragmented and unpredictable process into optimized, data-driven, and reliable employee journeys.

The new color palette has been designed to express the dual strengths that define RouteMatic: intelligence and care. While the primary tones convey trust, stability, and enterprise-grade reliability, dynamic accent colors reflect real-time operations, continuous optimization, and innovation. Together, they reinforce RouteMatic's brand promise: Powered by Intelligence. Driven by Care.

Chirag Mehta, CIO, Quantum AMC

Gold prices have fallen more than 25% from their January peak, sparking concerns that the precious metal's historic rally may be losing steam. According to Chirag Mehta, CIO ,Quantum AMC, the latest correction could represent a buying opportunity rather than the end of the bull market.

DashLoc, a Martech discovery platform, has announced a strategic partnership with Jaquar, one of India's most trusted brands in bathroom solutions, lighting, and premium home products. Through this collaboration, both companies aim to strengthen the digital presence of Jaquar's retail and dealer network while improving customer discovery and engagement across local markets.

As consumer buying journeys increasingly begin online, the partnership will help ensure that customers can seamlessly discover, connect with, and engage with nearby Jaquar retailers and experience centers. The initiative is expected to improve local search visibility, customer interactions, and lead generation while supporting retail partners in driving higher footfalls and conversions.

Nirmal K Minda, President, ASSOCHAM, has congratulated the USA and Iran on their peace deal, which had been awaited for many weeks. This is a major breakthrough between the USA and Iran for the benefit of the whole world, as war benefits no one.

The peace deal is expected to bring the global economy back on track and to achieve the earlier estimated GDP Growth rate.

India, though it mitigated the West Asia war impacts to a large extent, is expected to rebound strongly to attain its trend growth rate in the current financial year 2026-27. We can expect India to clock a growth rate of 7% in FY2026-27 with dynamic and effective policy measures of the Government of India and the Reserve Bank of India in recent months, said Mr Nirmal K Minda.

Jash Panchamia, Executive Director, Jaypee Infratech Limited

The US-Iran peace agreement is a positive development for the global economy as it is expected to ease inflationary pressures and improve overall market sentiment. India stands to benefit from the stabilization of energy and commodity prices, which can support economic growth and strengthen consumer confidence. The housing sector is also likely to witness a positive ripple effect, with improved affordability and a more stable economic environment encouraging homebuyers and investors alike. We expect this development to boost confidence among prospective homebuyers, particularly fence-sitters, enabling them to make purchase decisions with greater certainty and conviction in the months ahead.

Pradeep Aggarwal, Founder and Chairman, Signature Global (India) Ltd.

The US-Iran peace deal comes as a major relief for both the global and domestic economies. India's housing sector, in particular, stands to benefit, as the development is expected to significantly boost sentiment among prospective homebuyers. With the reopening of the Strait of Hormuz, inflationary pressures are likely to ease, giving the RBI greater flexibility to maintain the status quo on policy rates for an extended period. This, in turn, will provide a boost to the overall economy and encourage first-time homebuyers to enter the market with greater confidence.

Jewar Airport Impact: Office and business spaces in the region are being launched in the Rs 8,000-15,000 per square foot range. Read full report here

As of 11:00 AM, the Nifty50 was up 1.51 per cent or 357.35 points at 23,980.25, and the Sensex rose 1,207.78 points or 1.6 per cent to 76,735.73.

The Government of India is preparing for 'not so good monsoon', said Finance Minister Nirmala Sitharaman at an event.

As of 10:00 AM, the Nifty50 rose 329.90 points or 1.4 per cent to 23,952.80, and the Sensex was up 1.45 per cent 1,096.97 points at 76,624.92.

Indian payment gateway services provider Razorpay Software has confidentially filed draft papers for an initial public offering, a newspaper advertisement showed on Monday. This confidential route allows firms to keep filings private until the public issue launches. The proposed issue is expected to raise over $500-$600 million.

As Iran-US reach peace agreement, MCX silver futures for July 2026 delivery were up Rs 7,200 (2%) to Rs 2,53,345 per kg. Gold futures for August 2026 delivery rose Rs 3,301 (2%) to Rs 1,53,829 per 10 gm. With today's gain, silver has risen over Rs 18,000 in three days, while gold has gained almost Rs 6,000. In the previous session, the two closed higher, albeit marginally. 

Iran's frozen assets worth $12 billion continue to be a primary bone of contention even as the world celebrates a peace deal between the US and Tehran, which is scheduled to be signed on Friday in Geneva.

The rupee strengthens 68 paise against the US dollar and rose to the day's high of 94.57. It settled at 95.11 on Friday.

The India Volatility Index fell 8.6 per cent to 13.56, indicating a decrease in near-term expectation of uncertainty.

Nifty Midcap100, and Nifty Smallcap100 indices traded higher by 1.3 per cent each.

The Thesis

Friday's 2.19% Nifty 500 surge on US-Iran peace hopes powered financials and broader-market beta sharply higher, with mid- and small-caps leading the bid. The view leans into a rupee-supported, rate-stable credit cycle: RBI's repo anchored at 5.25% and the fresh FCNR(B) swap window cap funding costs while DIIs absorb FII outflows.

Where We're Concentrated

Four of five picks anchor on credit, housing, and capital markets - a bet that the peace-deal relief rally extends into a domestic credit upcycle, fuelled by sustained DII flows and the RBI's rupee-stabilising playbook. The metals tilt is a commodity hedge: if the Iran truce slips and Brent reverses, resource names cushion the financial book. The thesis breaks if Beirut escalation collapses the ceasefire, FII selling re-accelerates, or VIX rebounds above 16.

Conviction Picks

Highest Conviction

HUDCO

PSU housing financier benefits from sub-5.25% repo, easing rupee and capex-led credit demand into the FY27 infra cycle.

Motilal Oswal Financial Services

Brokerage volumes ride the 2.19% broader-market rally; lower VIX and risk-on positioning favour capital-markets earnings.

IDFC First Bank

Private bank leverage on Financial Services index up over 3%; benign rate path and DII bid support credit re-rating.

L&T Finance

Diversified NBFC rides the rural-retail credit upcycle as RBI's FCNR(B) swap window eases funding-cost pressure.

Vedanta

Metals proxy on weaker rupee and India infra demand; cooling Brent cuts input-cost drag without denting commodity bid.

One Thing to Watch

Brent above $90 reverses the thesis. Friday's >4% crude drop powered the rally; a West Asia re-escalation would lift VIX above 16 and rotate flows out of broader-market beta into defensives.

"The crypto market is showing signs of notable recovery as macroeconomic pressures ease across the ecosystem. Risk sentiment has improved after reports of a U.S.-Iran peace agreement and the reopening of the Strait of Hormuz, which pushed oil prices lower and supported global risk assets. Bitcoin is trading around $65,550 while Ethereum is near $1,717, both posting gains over the last 24 hours. Market participants are closely watching the $66,000 and $67,000 levels for Bitcoin, the next important resistance zones in the near term.

The week ahead will also be shaped by the US Federal Reserve's policy decision. Investors will be paying close attention to economic projection signals on future monetary policy.

Platforms like Nansen are now encouraging users to interact with markets through AI agents, making trading and on-chain analysis more accessible. As AI and crypto continue to converge, we could see a major shift in how users discover opportunities and execute trades.

At the same time, tokenization is quietly emerging as one of the most significant long-term opportunities in the industry. According to Citi, tokenized assets currently represent around $17 billion globally, nearly tripling over the past year. This highlights how blockchain is increasingly moving beyond crypto-native use cases into mainstream financial infrastructure."

Riya Sehgal, Research Analyst, Delta Exchange

The crypto market is seeing a sharp relief bounce as macro risk sentiment improves after the US-Iran peace deal headlines and the expected reopening of the Strait of Hormuz. Lower crude oil prices have eased inflation concerns and supported risk assets, helping Bitcoin reclaim the $65,000 zone. However, this should still be viewed as a recovery rally, not a confirmed bullish reversal. According to CoinGlass data, in the past 24 hours, 102,147 traders were liquidated, with total liquidations at $335.54 million. For Bitcoin, the immediate technical test is the $65,800-$66,200 resistance band. A sustained close above this zone can open room toward $67,500-$68,000, while failure to hold above $64,200 could bring the market back toward $63,300 and $62,500. Ethereum has also recovered above $1,700 but continues to lag Bitcoin. ETH needs to clear the $1,745-$1,762 zone to show stronger momentum. ETF flows are also important, with spot Bitcoin ETFs turning positive after five days of outflows, though Ether ETF demand remains weak. Going ahead, the key drivers will be Fed commentary, ETF flow continuation, oil prices, and whether institutional risk appetite returns beyond Bitcoin into broader crypto assets.

Akshat Siddhant, Lead quant Analyst, Mudrex

Bitcoin has reclaimed the $65,000 level following the announcement of a US-Iran peace agreement, which improved risk sentiment across global markets. The development triggered sharp reactions across oil, gold, and crypto, with investors moving back into risk assets. Adding to the positive momentum, Bitcoin ETFs recorded net inflows of $85.8 million on Friday, ending a five-day streak of outflows. Markets are now focused on the June 19 signing in Switzerland, which will be key to assessing the durability of the agreement. If buying pressure remains strong and the deal progresses smoothly, Bitcoin could move toward the $74,000 level. However, downside risk remains with support standing at the $61,000 level. 

BTC moved past the $65K level as markets reacted positively to President Donald Trump's confirmation of a US-Iran peace deal, easing a key geopolitical overhang that has kept global assets cautious for months. The reaction was visible across broader markets as well, with crude oil falling to a two-month low near $80/barrel and major US equity futures indexes gaining 0.6%-1.3% after the announcement. For crypto, the move is an initial relief reaction after weeks of uncertainty around energy prices, geopolitics, and macro positioning. The next major checkpoint is the Fed meeting on Tuesday and Wednesday, where rates are expected to remain unchanged. However, investors will closely track Warsh's first meeting as Fed Chair for signs of a possible policy regime change at the Fed.

Harish Vatnani, Head of Trade, ZebPay

"Bitcoin experienced a highly volatile week, dropping from around $73,000 to below $60,000-its lowest level since November 2024-before recovering to approximately $63,500 by the weekend. Despite the sharp decline, the move lacked the capitulation typically seen at bear-market bottoms. Market sentiment was initially pressured by news that Michael Saylor's Strategy sold 32 BTC to fund preferred-share dividends, although the sale was negligible compared to its 845,000 BTC holdings. Risk appetite improved later in the week after President Trump announced progress toward ending the Iran conflict, helping ease geopolitical concerns. Falling oil prices, a rally in equities, and a strong Nasdaq debut by SpaceX, which surged 19% on its first trading day, further supported the recovery in crypto markets. 

At the time of writing, BTC was trading at $65,500. BTC, on a daily time frame, gave a relief rally from $60,000 to $82,850 (with declining volumes). The bulls however failed to manage the grip on the asset  as the price resisted the 200 ema and witnessed a sharp fall. BTC plunged almost by 28% making the recent low of $59,130. The asset has managed to give the closing above the key support of $60,000. If it sustains above the support then we can expect some relief rally whereas if it breaks and closes below the support level of $60,000 then the price may further fall and test the $52k levels."

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 staged a strong comeback on Friday, rallying 461.30 points (1.99%) to close at 23,622.90 as aggressive short covering, improving global risk sentiment and easing geopolitical tensions triggered broad-based buying across sectors. Investor confidence strengthened after reports of a US-Iran peace agreement, while softer crude oil prices and a sharp recovery in the rupee further lifted sentiment. Global markets also remained supportive, with gains across major US indices reflecting renewed optimism, despite some consolidation in technology and AI-related stocks.

The positive momentum has further strengthened after the weekend developments, with the US and Iran reaching an agreement to end hostilities and the reopening of the Strait of Hormuz expected to ease supply concerns. Brent crude, already under pressure after last week's sharp decline, is likely to remain subdued, which is a significant positive for India's macroeconomic outlook through lower inflationary pressures and a reduced import bill. Firm Asian markets and a positive indication from GIFT Nifty also suggest a strong start for domestic equities.

Technically, the undertone has turned decisively bullish. As long as the Nifty sustains above the 23,500 mark, the index is well placed to extend its recovery towards 23,800 initially, followed by the psychologically important 24,000 level. Immediate support is seen at 23,500, while a breach below this level could invite profit booking towards 23,300. Investors should continue to monitor crude oil prices and developments surrounding the implementation of the geopolitical agreement, as any unexpected setback could temporarily weigh on market sentiment.

This year, experts expect more taxpayers to receive scrutiny notices as the Income Tax Department sharpens its use of artificial intelligence, data analytics, and information gathered from multiple sources. Read full report here

At the close on Friday, the total market cap of all BSE Sensex companies stood at Rs 4,62,00,319.