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The market saw broad-based gains today, driven by easing geopolitical tensions and strong performance from large-cap stocks.
- Easing West Asia tensions and potential US-Iran talks are expected to steer markets and crude oil prices this week.
- Nine of the top ten most valued firms collectively added ₹2.15 lakh crore to their market capitalization, led by Airtel.
- India's exports grew 15% in Apr-Jun, while a trade pact with the EU is set for signing by December.
- Improved sentiment from easing geopolitical concerns is boosting primary markets, with three new IPOs opening next week.
- FII trading activity and the RBI's weekly update on FCNR(B) inflows are also key factors for market watchers.