Closing Bell: Nifty, Sensex Closed 1% Higher; Investors Add Rs 9 Lakh Crore as U.S.-Iran Peace Deal Lifts Sentiment

Market Update at 04:06 PM: Indian equity benchmarks ended nearly 1 per cent higher on Monday, June 15, tracking a global relief rally after the U.S. and Iran announced an initial agreement aimed at ending the conflict in the Middle East and reopening the Strait of Hormuz. The development eased concerns over energy supplies, triggering a sharp decline in crude oil prices and boosting investor sentiment across global markets.

The Nifty 50 opened with a gap-up of more than 350 points but pared some of its early gains during the session, touching an Intraday low of 23,817.80 before hovering around the 23,900 level. The benchmark index eventually settled at 23,853.90, up 231 points or 0.98 per cent. The Sensex gained 736.38 points, or 0.97 per cent, to close at 76,264.33. The Bank Nifty also advanced 0.68 per cent, while India VIX, the market's fear gauge, declined 2.5 per cent, indicating easing volatility concerns.

Investor wealth surged significantly during the session. The total market capitalisation of BSE-listed companies rose from Rs 4,61,45,088.73 crore on June 12 to Rs 4,70,46,645.06 crore on June 15, resulting in a single-day increase of approximately Rs 9,01,556.33 crore.

Global sentiment improved after Pakistan-mediated negotiations between the U.S. and Iran resulted in an initial peace agreement. Pakistani Prime Minister Shehbaz Sharif said the two countries are expected to sign a memorandum of understanding in Switzerland on Friday. The agreement is expected to restore traffic through the Strait of Hormuz, a critical global oil shipping route.

The easing geopolitical tensions weighed heavily on crude oil prices. Brent crude fell about 4 per cent to trade below USD 82 per barrel, hitting a two-month low. U.S. President Donald Trump stated that oil shipments from the Persian Gulf could resume soon, including the removal of restrictions on Iranian ports.

The sharp decline in crude oil prices also supported the Indian currency. The rupee strengthened around 0.7 per cent to 94.46 against the U.S. dollar, marking its strongest level in seven weeks. Lower oil prices are expected to complement the Reserve Bank of India's recent efforts to support the currency and improve its near-term outlook.

On the sectoral front, 9 of the 11 major sectoral indices ended in positive territory. Broader markets outperformed the benchmarks, with the Nifty Midcap 100 index rising 1.29 per cent and the Nifty Smallcap 100 index gaining 1.11 per cent.

The Nifty Realty index emerged as the top-performing sector, climbing 3.96 per cent and recording its biggest gain since April 8, 2026. Oil marketing companies, tyre manufacturers, paint makers and airline stocks also rallied as lower crude oil prices improved their cost outlook. Infrastructure major Larsen & Toubro, which has significant exposure to the Middle East, advanced 2.98 per cent.

The Nifty IT index ended 0.98 per cent higher, snapping its eight-session winning streak. Meanwhile, the Nifty Pharma index was the worst-performing sector, declining 0.66 per cent and ending a two-day winning streak.

Among individual stocks, Larsen & Toubro contributed the most to the Nifty 50's gains, adding 30.74 points, followed by Reliance Industries with 20.59 points and Mahindra & Mahindra with 17.74 points. On the downside, ICICI Bank was the biggest drag on the index, shaving off 20.59 points, followed by NTPC at 6 points and Bajaj Auto at 2.79 points.

Market breadth remained firmly positive. Of the 3,453 stocks traded on the NSE, 2,510 advanced, 831 declined and 112 remained unchanged. A total of 123 stocks touched their 52-week highs, while 28 stocks hit their 52-week lows. Additionally, 205 stocks were locked in Upper Circuits, compared with 53 stocks in Lower Circuits.

Market Update at 2:32 PM: Indian equity benchmarks traded sharply higher on Monday, supported by improving global risk sentiment after the United States and Iran announced a peace agreement aimed at ending a four-month-long conflict in West Asia. The development eased concerns over energy supplies and lifted investor confidence across global markets.

As of 2:00 PM, the Nifty 50 was trading 288.40 points, or 1.22 per cent, higher at 23,912.75. The Sensex advanced 928.28 points, or 1.23 per cent, to 76,456.23.

According to reports, U.S. President Donald Trump said that Washington and Tehran had agreed on a peace deal that would bring an end to the conflict. Both countries have reportedly announced an immediate cessation of military operations on all fronts, reducing geopolitical tensions in the region.

The easing of tensions also led to a decline in crude oil prices. Brent crude's June futures contract was quoted at USD 83.79 per barrel on the Intercontinental Exchange, down 3.5 per cent. Investor sentiment improved as the agreement is expected to facilitate the reopening of the Strait of Hormuz, a key global energy-supply route.

Among the Nifty 50 constituents, Shriram Finance, InterGlobe Aviation, and Tata Motors Passenger Vehicles emerged as the Top Gainers, benefiting from the broad-based rally in the market.

The positive momentum extended to the broader market as well. The Nifty MidCap index was trading 1.5 per cent higher, while the Nifty SmallCap index gained 1.51 per cent, indicating strong participation beyond Large-Cap stocks.

On the sectoral front, the Nifty Realty, Nifty Auto, and Nifty Financial Services indices led the gains, reflecting optimism surrounding economic growth and lower energy costs. In contrast, the Nifty Pharma and Nifty Healthcare indices traded in the red and were among the top losing sectors during the session.

Sectoral performance remained firmly positive, with all major indices trading in the green. The Nifty Realty index led the gains, advancing more than 2 per cent, as investors increased exposure to Real Estate stocks amid the positive market sentiment.

Market Update at 12:16 PM: Indian benchmark equity indices traded sharply higher on Tuesday, supported by improved global risk sentiment after the United States and Iran reportedly reached a peace agreement, easing concerns over geopolitical tensions in West Asia.

As of 12:01 PM, the Nifty 50 was trading at 23,962.40, up 335.75 points or 1.42 per cent, while the Sensex gained 1,093.84 points or 1.45 per cent to 76,621.79.

Investor sentiment received a major boost after U.S. President Donald Trump announced that Washington and Tehran had agreed to a peace deal aimed at ending the four-month-long conflict in West Asia. According to reports, both countries have agreed to an immediate halt to military operations, raising hopes of greater stability in the region.

The development also led to a sharp decline in crude oil prices. Brent crude's June futures contract fell 3.5 per cent to USD 83.79 per barrel on the Intercontinental Exchange. Market participants welcomed the prospect of smoother energy supplies as the agreement is expected to ease concerns surrounding the Strait of Hormuz, a critical global oil transit route.

Among Nifty 50 constituents, Shriram Finance, InterGlobe Aviation and Tata Motors Passenger Vehicles emerged as the top gainers, benefiting from the positive risk-on sentiment across markets.

The rally extended beyond frontline indices. The Nifty MidCap index advanced 1.4 per cent, while the Nifty SmallCap index rose 1.6 per cent, indicating broad-based buying across market segments.

On the sectoral front, the Nifty Realty, Nifty Auto and Nifty Financial Services indices led the gains. In contrast, the Nifty Pharma and Nifty Healthcare indices underperformed and traded in negative territory.

Market Update at 09:32 AM: The benchmark indices, Nifty 50 and Sensex, surged in early trade on Monday as investor sentiment improved following reports of a peace agreement between the US and Iran.

As of 9:18 AM, the Nifty 50 was trading 341.60 points, or 1.45%, higher at 23,964.50, while the Sensex gained 1,140.69 points, or 1.51%, to reach 76,668.64.

Investors' wealth surged by approximately Rs 7.86 lakh crore at the opening of trade on Monday, June 15, with the total market capitalisation of BSE-listed companies rising to Rs 4,69,31,548.57 crore from Rs 4,61,45,088.73 crore recorded on Friday, June 12. The sharp increase of Rs 7,86,459.84 crore reflected strong investor sentiment at the start of the week, driven by positive global cues, easing geopolitical concerns and broad-based buying across sectors. 

Market sentiment received a significant boost after US President Donald Trump announced that Washington and Tehran had agreed to a peace deal, bringing an end to the four-month-long conflict in West Asia. According to reports, both nations have declared an immediate halt to military operations across all fronts.

The Indian rupee opened sharply higher on Monday, strengthening to 94.60 against the U.S. dollar from its previous close of 95.11 on Friday. The domestic currency gained after a reported U.S.-Iran peace deal eased concerns over global oil supplies, sending crude oil prices lower and improving risk sentiment. The rupee's advance surpassed the highs seen following the Reserve Bank of India's June 5 policy announcement, with traders expecting lower oil prices and a revival in foreign inflows to support the currency further.

Meanwhile, Brent crude futures for June delivery fell 3.5% to US$83.79 per barrel on the Intercontinental Exchange. The decline in oil prices came as the peace agreement is expected to ease concerns over energy supplies by ensuring smoother access through the strategically important Strait of Hormuz.

The broader market also witnessed strong buying interest, with the Nifty MidCap and Nifty SmallCap indices advancing 1.4% and 1.7%, respectively.

Among sectoral indices, Nifty Realty, Nifty Auto, and Nifty Financial Services emerged as the top gainers, while Nifty Pharma and Nifty Healthcare were the only sectors trading in the red.

Pre-Market Update at 7:42 AM: IIndian benchmark indices Sensex and Nifty 50 are poised for a strong start on Monday, June 15, supported by a sharp rally in global markets after the United States and Iran reportedly agreed on a framework aimed at ending their conflict in West Asia. The development boosted investor sentiment worldwide and triggered a relief rally across major equity markets.

At 7:23 AM, Gift Nifty was trading near 23,974, a premium of around 345 points over the previous close of Nifty 50 futures, indicating a gap-up opening for domestic equities. Asian markets advanced sharply in early trade, while Wall Street ended higher on Friday amid optimism surrounding the proposed U.S.-Iran peace agreement.

Investors will closely track developments related to the U.S.-Iran peace pact, the outcome of the U.S. Federal Reserve policy meeting, movements in crude oil prices, foreign portfolio investor (FPI) activity and key domestic and global macroeconomic data releases.

A major sentiment booster for global markets came after officials from the U.S. and Iran announced a broad framework to end hostilities, lift the U.S. blockade on Iran and reopen the Strait of Hormuz. Pakistan, which acted as a mediator, said both countries agreed to a peace pact and an immediate, permanent cessation of military operations across all fronts, including Lebanon. Discussions on Iran’s nuclear programme are expected to continue in future negotiations.

Japanese government bond yields declined following the announcement, reflecting easing concerns over oil-driven inflation. The benchmark 10-year Japanese government bond yield fell 6 basis points to 2.575 per cent, while the 20-year yield slipped 6 basis points to 3.460 per cent.

On the domestic front, India’s retail inflation rose to 3.93 per cent in May from 3.48 per cent in April, mainly due to higher food prices. Food inflation increased to 4.78 per cent from 4.2 per cent in the previous month.

Meanwhile, SpaceX made a blockbuster debut on Nasdaq on June 12, listing at USD 150 per share, an 11 per cent premium to its issue price of USD 135. The listing valued Elon Musk’s Aerospace company at nearly USD 1.96 trillion, making it the sixth-largest publicly traded company in the United States.

Crude oil prices dropped sharply after the U.S.-Iran agreement eased fears of supply disruptions. Brent crude futures fell 3.95 per cent to USD 83.88 per barrel, while U.S. West Texas Intermediate crude declined 4.68 per cent to USD 80.91 per barrel. Gold prices, however, moved higher, with spot gold rising 1.8 per cent to USD 4,297.42 per ounce and August gold futures gaining 1.9 per cent to USD 4,318.10 per ounce.

The U.S. dollar weakened as improving risk appetite reduced demand for safe-haven assets. The dollar index slipped 0.31 per cent to 99.492, its lowest level since June 5.

From a derivatives perspective, the Put-Call Ratio (PCR) for the June series stood at 1.74. On the put side, significant open interest addition was seen at the 23,400 strike, making it the nearest out-of-the-money support level. On the call side, the 24,000 strike witnessed the highest open interest concentration, indicating a key resistance zone.

Technically, the Nifty 50 registered a strong breakout on Friday, surging 461 points and closing above its 8-EMA and 20-DMA, signalling improving short-term momentum. However, the rally was accompanied by lower volumes and a decline in open interest, suggesting that short covering played a significant role. Immediate resistance is placed in the 23,687–23,719 zone, where the June swing high and 50-DMA are located. A sustained move above this range could open the door for 23,830 and subsequently 24,089. On the downside, support is seen at 23,556–23,538, while a close below 23,314 could weaken sentiment and drag the index towards the crucial 23,100 level. Momentum indicators have improved, with the RSI moving above 50 and the MACD nearing a bullish crossover.

Among stocks in focus, Reliance Industries will be watched after Jio Platforms entered the global top 20 in the World Intellectual Property Organization's Patent Cooperation Treaty rankings, having filed 6,817 patents and secured 1,009 grants globally. NLC India emerged as the preferred bidder for the Govindpur Vanadium, Titanium and Aluminous Laterite Block in Telangana.

Krishna Institute of Medical Sciences approved a preferential allotment of 77.02 lakh warrants worth Rs 600 crore to its promoter group. Dr. Reddy’s Laboratories launched Bosutinib Tablets 400 mg in the U.S., a generic version of Bosulif, with 180-day first-to-file exclusivity.

Ashoka Buildcon received a letter of award for developing a Gems and Jewellery Park in Raipur under the PPP model with a premium amount of Rs 112.40 crore. JSW Energy announced the acquisition of Maruti Clean Coal and Power’s 300 MW thermal power plant for Rs 1,410 crore and commissioned Tidong Power’s 150 MW hydro project.

Aurobindo Pharma remained in focus after the U.S. FDA classified the inspection status of Eugia Unit-III as “Official Action Indicated” (OAI). Power Grid Corporation of India secured a transmission project supporting green hydrogen and green ammonia facilities in Kakinada, Andhra Pradesh.

RBL Bank appointed Bhavin Lakhpatwala as Chief Financial Officer and Key Managerial Personnel. SEPC received a letter of award worth Rs 673.32 crore from SAIL-IISCO Steel Plant for its crude steel expansion project. IPCA Laboratories signed a global licensing agreement with BRL for biologics delivery technology targeting oncology and inflammatory diseases.

Hindustan Petroleum Corporation recommended a final Dividend of Rs 19.25 per share for FY26, with August 14 fixed as the record date. Karur Vysya Bank increased FCNR deposit rates and is offering 7 per cent per annum on USD FCNR deposits with tenures of three years and above. Nestle India clarified and rejected allegations related to infestation in MAGGI noodles, reaffirming product quality standards.

In the derivatives segment, Kaynes Technologies remains under the F&O ban list for June 15.

Institutional activity remained mixed on June 12. Foreign Institutional Investors were net sellers of Indian equities worth Rs 1,082.18 crore, while Domestic Institutional Investors purchased shares worth Rs 5,341.29 crore.

Indian equities ended Friday’s session with strong gains amid optimism over the U.S.-Iran agreement and falling crude oil prices. The Sensex climbed 1,695.40 points, or 2.30 per cent, to close at 75,527.95, while the Nifty 50 advanced 461.30 points, or 1.99 per cent, to settle at 23,622.90.

Wall Street also finished higher on Friday. The Dow Jones Industrial Average rose 353.51 points, or 0.70 per cent, to 51,202.26, the S&P 500 gained 37.16 points, or 0.50 per cent, to 7,431.46, and the Nasdaq Composite added 79.18 points, or 0.31 per cent, to close at 25,888.84. On a weekly basis, all three major U.S. indices gained around 7 per cent.

Among key stocks, Nvidia rose 0.16 per cent, AMD surged 4.73 per cent and Intel jumped 6.51 per cent. Apple declined 1.52 per cent, while Amazon fell 1.23 per cent. SpaceX was the standout performer, soaring 19.22 per cent on its trading debut, while Tesla gained 1.82 per cent. In contrast, Rocket Lab dropped 10.8 per cent, Intuitive Machines fell 13.1 per cent and Planet Labs declined 8.8 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.

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