Sensex, Nifty Open Higher Amid Progress In US-Iran Peace Talks, All Sectors In Green

US-Iran Peace Talks: Benchmark indices opened higher on June 22 after the first round of talks between senior U.S. and Iranian officials in Switzerland ended with signs of progress.

According to a Reuters report citing mediators, the talks began on a tense note after Iran said it had once again closed the Strait of Hormuz, while US President Donald Trump repeated his warning that Washington could resume attacks on Iran if tensions escalated further.

However, mediating countries Qatar and Pakistan later said both sides had agreed on a roadmap aimed at reaching a final agreement within 60 days. The joint statement, released by Qatar's foreign ministry, said technical-level discussions would continue through the week at the Swiss resort town of Buergenstock.

The two sides also agreed on a mechanism to help contain the conflict in Lebanon and set up a communication channel to ensure the safe movement of commercial vessels through the Strait of Hormuz.

Ahead of the talks, Fox News reported that Trump warned Iranian officials that they "won't have a country" if they attempted to shut the waterway again. The report also said Trump repeated his earlier remarks that the U.S. could take control of the strait and potentially impose a toll on ships passing through it.