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On the 11th, the Houthi Supreme Political Council announced that fighting in Yemen's Red Sea west-coast provinces has stopped. They claim Saudi forces have been expelled from the area and urged international parties to pressure Saudi Arabia to halt reinforcements and prevent escalation to protect local navigation. Saudi authorities have not responded. Brent crude prices fell 3% to $102.99 per barrel, while WTI dropped nearly 3% to $97.68 per barrel.
Traders say the Reserve Bank of India is running USD-INR swaps to drain rupee liquidity.
Iran's foreign minister and Pakistan's military chief discussed restoring diplomatic efforts to de-escalate the conflict.
TASNIM NEWS says Yemenโ€™s Houthi forces have reached Dhubab on the west coast. The strategic port of Mocha reports that local life is back to normal and government agencies have resumed work.
AAA says U.S. diesel hit $6.0556/gal, breaking the $6 mark for the first time. In California, prices are nearly $8/gal.
Nvidia $NVDA Sees $3โ€“4 Trillion AI Boom as TSMC $TSM Accelerates 1.4nm Production

Nvidia CEO Jensen Huang says AI infrastructure spending is shifting from โ€œtens of billionsโ€ to โ€œtens of trillionsโ€ as globa... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10939
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In the last 15 mins over 40 deals happened worth over 2900+ crore rupees.

Login to view all deals prime.bigbreakingwire.in
RBI Governor said the central bank will not rule out using any available tools to manage liquidity and will work to keep the overnight rate aligned with the repo rate.

He added that liquidity will also be absorbed through FX interventions and banks' reserve requirements, with the aim of maintaining liquidity at appropriate levels.
US Treasury to Sanction โ€œLarge Bankโ€ on Monday

US Treasury Secretary Scott Bessent said the Trump administration will sanction โ€œa large bankโ€ next Monday, escalating economic pressure linked to ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10940
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Nifty first CAS Indicative level 23,415
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