Stock Market Pre-open, June 12, 2026: Shares Surge Pointing to Strong Start for Sensex and Nifty as Middle East, Oil Simmer Down

Mumbai, June 12: Indian shares traded sharply higher at pre-open signalling a very positive start for benchmark indices as oil prices fell below $90 per barrel on signs of de-escalation in the Middle East with the US deciding against further attacks on Iran. 

Nifty 50 traded 0.7% higher at pre-open while the Sensex rose 1.5% even as Gift Nifty futures traded 1.2% higher. 

Spotlight will be falling on Dabur India, Vedanta and Happiest Minds Technologies.  

The US FDA has placed Dabur’s manufacturing facility under Import Alert 66-40 after an inspection flagged deficiencies in data integrity and plant maintenance practices. 

The import alert subjects drugs produced at the facility to heightened regulatory restrictions for shipments to the United States.  

Vedanta will be in focus ahead of its subsidiaries—Vedanta Oil and Gas, Vedanta Power, Vedanta Aluminium Metal, and Vedanta Iron and Steel—listing on Monday.  

Happiest Minds Technologies launched Rel(AI)Build, its proprietary agentic AI development platform, as part of a broader push to accelerate AI-led software engineering. The company also introduced the Agentic Development Lifecycle (ADLC), a governed framework designed to integrate AI into every phase of application development. 

As for global cues, Asian equities surged across the board, extending a global relief rally after U.S. President Donald Trump said planned military strikes against Iran had been called off and hinted at the possibility of a peace agreement over the weekend. 

Japan’s Nikkei advanced more than 3%, South Korea’s KOSPI soared 8%, while MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 3.7%. The shift in sentiment prompted investors to move out of traditional safe-haven assets such as gold and government bonds and back into equities and risk-sensitive currencies. 

The prospect of de-escalation in the Gulf region also pushed oil prices sharply lower, easing concerns over supply disruptions and a renewed inflation shock. 

The upbeat mood in Asia followed a strong overnight performance on Wall Street, where all three major U.S. indices posted robust gains. 

The Dow Jones Industrial Average climbed 1.9%, the S&P 500 rose 1.8%, and the Nasdaq Composite rallied 2.5%, led by a sharp rebound in technology stocks. 

Chipmakers spearheaded the advance, with the Philadelphia Semiconductor Index surging nearly 8% in its strongest session in more than a year. Investors returned to growth stocks after recent weakness, while optimism surrounding artificial intelligence-linked companies added to the momentum. 

Markets also drew support from expectations that softer oil prices could reduce inflationary pressures and give central banks more room to support economic growth. 

European equities ended higher on Thursday, snapping a four-session losing streak even as the European Central Bank delivered a widely expected 25-basis-point interest rate increase. 

The pan-European STOXX 600 index gained 0.5%, supported by technology shares and improving global risk sentiment. Investors largely shrugged off the rate hike and instead focused on falling energy prices and hopes that geopolitical tensions may ease. 

Technology and other growth-oriented sectors led gains, while interest rate-sensitive pockets such as real estate and financial services lagged amid concerns that borrowing costs could remain elevated. 

Source

• Exchanges