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Sensex Soars Over 1,650 Points, Nifty Reclaims 23,600 as Global Markets Rally on Iran Peace Hopes

Ananya Pattnaik by Ananya Pattnaik
June 12, 2026
in Business, Trending Now
Reading Time: 2 mins read
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Indian stock markets witnessed a massive rally on Friday, with benchmark indices recording one of their strongest gains in recent months after signs of easing geopolitical tensions in the Middle East boosted investor sentiment worldwide.


The BSE Sensex surged more than 1,650 points, while the NSE Nifty reclaimed the crucial 23,600 mark as investors rushed back into equities amid hopes of a diplomatic breakthrough in the ongoing Iran conflict.

Sensex and Nifty Post Strong Gains

The BSE Sensex climbed to 75,490.89, gaining 1,658.34 points or 2.25 per cent during the trading session.

Meanwhile, the NSE Nifty 50 advanced to 23,603.25, rising 441.65 points or 1.91 per cent.

The rally reflected broad-based buying across sectors as investors responded positively to improving global market conditions.

Trump’s Statement Triggers Global Optimism

The sharp rise in markets followed comments by Donald Trump, who claimed that diplomatic negotiations aimed at ending the Iran conflict had made significant progress.

His remarks raised expectations of a possible de-escalation in the region, reducing concerns over prolonged geopolitical instability and disruptions to global energy supplies.

As a result, investors across global markets reduced risk premiums and increased exposure to equities.

Crude Oil Prices Fall Sharply

A major factor supporting Indian markets was the decline in crude oil prices.

Brent crude oil fell by more than four per cent to around $86 per barrel, while US crude prices also dropped significantly.

For India, which imports a large share of its energy requirements, lower oil prices are viewed as a positive development because they can reduce import costs, ease inflationary pressures and improve the country’s external balance.

Strong Opening Sets the Tone

Indian markets opened sharply higher and continued to gain momentum throughout the trading session.

The Sensex started the day at 74,742.65, already up by more than 900 points, while the Nifty opened above 23,400 before extending its gains further.

The positive momentum was sustained by strong buying interest from both domestic and foreign investors.

Global Markets Join the Rally

The optimism was not limited to India.

Major Asian markets recorded impressive gains:

  • Japan’s Nikkei 225 rose 2.8 per cent.
  • South Korea’s KOSPI surged 4.6 per cent.
  • Hong Kong’s Hang Seng Index gained 1.7 per cent.

European markets also traded firmly in positive territory, while Wall Street had ended the previous session with strong gains led by technology stocks.

Why It Matters for India

The combination of easing geopolitical risks and falling crude oil prices has created a favourable environment for Indian equities.

Lower energy costs can support economic growth, improve corporate profitability and strengthen investor confidence.

Market participants will now closely monitor developments in the Middle East and upcoming global economic data to assess whether the current rally can be sustained in the coming weeks.

For now, the sharp rebound has provided a strong boost to market sentiment and reinforced confidence in India’s growth outlook.

Tags: Brent crudeBSE Sensexbusiness newsCrude Oil PricesDonald Trumpeconomy newsfinancial marketsglobal marketsIndian stock marketInvestingIran Peace TalksIran warmarket rallyniftyNifty 23600NSE NiftysensexSensex Rallyshare market newsStock Market News Indiastock market today
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