Stock Market Close, June 15, 2026: Sensex Jumps Over 730 Points, Nifty Closes Above 23,800 as US-Iran Peace Deal Sparks Broad-Based Rally

Mumbai, June 15: Indian benchmark indices ended sharply higher on Monday, with the Nifty 50 claiming the 23,800 mark as easing geopolitical tensions in the Middle East and a sharp decline in crude oil prices triggered broad-based buying across sectors. 

The BSE Sensex rose 736.38 points, or 0.97%, to close at 76,264.33, while the NSE Nifty 50 gained 231 points, or 0.98%, to settle at 23,853.90. Market breadth remained firmly positive, with 2,973 stocks advancing, 1,245 declining and 185 remaining unchanged. 

Investor sentiment improved after the United States and Iran announced a preliminary peace agreement, raising hopes of reduced geopolitical risks and smoother energy supplies through the Strait of Hormuz. The development led to a more than 4% drop in crude oil prices, providing a significant boost to emerging markets, including India. 

Realty, Auto, Consumer Durables Stocks Lead Rally 

The rally was broad-based, with all major sectoral indices ending in positive territory except healthcare and pharma. 

The Sensex rallied but gave up some gains towards the end, still closing sharply higher. Source: BSE 

The Nifty Realty index emerged as the top performer, surging nearly 4%, as investors cheered the prospect of lower interest rates and improving economic sentiment. Auto, metal and consumer durables stocks also witnessed strong buying interest. 

Among the Nifty 50 constituents, Shriram Finance, Trent, HDFC Life Insurance, Eicher Motors, IndiGo and Bajaj Finserv were the top gainers. On the other hand, NTPC, ONGC, Bajaj Auto, ICICI Bank and Hindalco Industries ended among the session’s laggards. 

Broader Markets Participate 

The positive sentiment extended beyond the benchmark indices, with broader markets also ending firmly in the green. 

The Nifty Midcap 100 and Nifty Smallcap 100 indices advanced over 1% each, reflecting strong participation across the market and continued investor appetite for domestic growth-oriented stocks. 

Lower Oil Prices Support Sentiment 

A key driver of Monday’s rally was the sharp fall in global crude oil prices following the U.S.-Iran agreement. For India, one of the world’s largest oil importers, lower crude prices are viewed positively as they help ease inflationary pressures, reduce import costs and improve corporate profit margins. 

Nifty 50 saw a broad-based rally aided by prospects of peace in the Middle East. Source: NSE 

Crude-sensitive sectors such as aviation, paints, tyres, chemicals and consumer-focused businesses attracted buying interest on expectations of lower input costs. 

Focus Shifts to Global Developments 

While investors welcomed signs of de-escalation in the Middle East, market participants will continue to monitor developments surrounding the proposed peace agreement and the reopening of the Strait of Hormuz. 

For now, however, easing geopolitical concerns, falling oil prices and strong participation across sectors provided a solid foundation for Indian equities, helping benchmarks begin the week on a strong note. 

Source

• NSE
• BSE