Stock Markets Today, June 12, 2026: Bullish Sentiment Prevails! Sensex Zooms Nearly 1,000 points, Nifty Reclaims 23,400 at Open as Asian Markets Rally

Mumbai, June 12: Domestic equity markets opened sharply higher on Friday, shrugging off the previous session’s losses as a wave of positive global cues — led by a powerful overnight rally on Wall Street and a surge across most Asian markets — outweighed residual caution stemming from Iran’s clarification that no final peace deal has been struck with the United States.  

The BSE Sensex surged 991.97 points or 1.34% to trade at 74,824.52, while the NSE Nifty 50 climbed 274.50 points or 1.19% to 23,436.10 at 09:22 IST, reclaiming the 23,400 level that bulls had struggled to hold through much of the prior week.  

The broad-based opening advance reflected a decisive tilt toward risk-on positioning, as institutional buyers returned to frontline names across financials, automobiles, capital goods, and realty, even as the geopolitical overhang from the ongoing Iran-Israel-US conflict continued to cast a shadow over the durability of the rally.  

The session’s trajectory will hinge critically on whether fresh diplomatic signals emerge from West Asia through the day — any credible confirmation of a peace framework could extend Friday’s gains meaningfully, while a breakdown in talks or renewed hostilities could quickly reverse the morning cheer. Traders noted that India VIX — the fear gauge — tumbled 5.70% to 14.72, its sharpest single-session decline in recent weeks, signalling a marked easing of near-term options anxiety and underlining the conviction behind Friday’s opening advance. 

Gainers and Losers 

Among the top gainers in the Nifty 50 at the open, Larsen & Toubro led the charge with its LTP at ₹4,000, up 3.57% from a previous close of ₹3,862, followed by Shriram Finance, which advanced 3.25% to ₹915.05 from ₹886.25, and IndiGo, which gained 3.17% to trade at ₹4,645 against a previous close of ₹4,502.40. Trent added 2.21% to ₹2,766.60 from ₹2,710.90 and Bajaj Finance climbed 2.15% to ₹889.25 from ₹870.55, rounding out a top-five gainer list that was notably dominated by financial services and capital goods names.  

On the losing side, only two Nifty 50 constituents were in the red at the opening bell — ONGC, which declined 1.43% to ₹249.00 from a previous close of ₹252.60, as easing crude oil prices weighed on the upstream explorer’s near-term earnings outlook, and Tech Mahindra, which slipped 0.30% to ₹1,460.70 from ₹1,465.10, continuing the broader pressure on Indian IT names amid a challenging demand environment in key export markets. 

Broad Markets and Sectoral Indices 

The rally at the open was emphatically broad-based, with every major market-cap segment participating. Among the broader indices, the Nifty Smallcap 100 was the standout gainer, advancing 1.74% to 18,010.00 from a previous close of 17,702.60, reflecting strong risk appetite filtering into the lower end of the market-cap spectrum. The Nifty Midcap 100 rose 1.59% to 60,271.40 from 59,325.40, while the Nifty Next 50 gained 1.64% to 69,501.80 from 68,378.75, confirming that Friday’s advance was not confined to large-cap heavyweights.  

On the sectoral front, Nifty Realty led all gainers at +2.46% to 761.60 from 743.35, as easing interest rate expectations and improving sentiment toward infrastructure names triggered a sharp recovery in real estate stocks. Nifty India Defence surged 2.28% to 9,002.90 from 8,801.90, while Nifty Auto advanced 1.69% to 26,225.60 from 25,790.35, adding to a week of outperformance for the sector.  

On the softer side, Nifty IT was the relative underperformer, gaining just 0.33% to 27,913.10 from 27,821.00, as global demand uncertainty continued to cap upside in technology stocks, while Nifty FMCG rose only 0.89% to 48,951.40 from 48,521.80, restrained by its defensive, low-beta profile in a risk-on session. Nifty CPSE also lagged at +0.32%, its muted gains reflecting mixed signals from PSU energy names. 

Middle East Conflict Update 

US President Donald Trump declared on Thursday that a “great settlement” had been reached with Iran and that the Strait of Hormuz could formally reopen as soon as this weekend, but Iran’s Foreign Ministry spokesperson Esmaeil Baghaei moved swiftly to push back, stating that Tehran had “not reached a final conclusion on this matter” and that key decisions remained under review by the relevant bodies. The two sides have continued to exchange military strikes this week, straining the fragile ceasefire announced in April and adding a layer of operational uncertainty to any optimism around a diplomatic resolution. Iran’s unresolved red lines — which include the lifting of sanctions, release of frozen assets, and formal recognition of its authority over the Strait of Hormuz — mean that even if talks progress rapidly, the path from a memorandum of understanding to a durable, enforceable agreement is likely to be protracted, and markets may be premature in pricing in a clean resolution. 

Asian Markets 

Asian markets were broadly in the green on Friday morning, with Japan’s Nikkei 225 delivering the region’s most powerful advance — surging 2,090.07 points or 3.25% to 66,307.34 — as investors reacted with relief to Trump’s decision to call off planned military strikes against Iran, reducing fears of a sharp escalation in West Asian hostilities. The Hang Seng Index in Hong Kong gained 222.53 points or 0.92% to 24,471.82, the Shanghai Composite edged up 0.53% to 4,008.29, and Australia’s S&P ASX All Ordinaries Index rose 1.70% to 8,986.90, confirming that the regional risk-on tone was broad-based and not confined to a single market. 

US Markets on Thursday 

Wall Street surged on Thursday as Trump’s Iran deal announcement triggered broad-based buying, with the Dow Jones Industrial Average rallying 929.97 points or 1.86% to close at 50,848.75 and the NASDAQ Composite advancing 640.16 points or 2.54% to 25,809.66 — one of the strongest single-session performances for US equities in recent weeks. The S&P 500 gained 127.31 points or 1.75% to 7,394.30, while the NYSE Composite rose 332.06 points or 1.44% to 23,412.89, confirming that the rally was sector-neutral and reflected a genuine macro-level sentiment shift rather than rotation within the market. 

Oil Prices 

Crude oil prices extended their decline into Friday’s Asian session, with Brent futures falling $1.21 or 1.3% to $89.17 a barrel and US West Texas Intermediate crude declining $1.23 or 1.4% to $86.48, as Trump’s cancellation of planned military strikes against Iran reduced the immediate risk of a supply disruption through the Strait of Hormuz. On a weekly basis, the retreat has been substantial — Brent is down 4.2% and WTI has shed 4.4% — unwinding much of the geopolitical risk premium that had been embedded in energy prices since the latest round of US-Iran hostilities began.  

Indian Markets: Thursday’s Close 

Indian benchmark indices ended lower on Thursday, with the BSE Sensex falling 150.63 points or 0.20% to close at 73,832.55 and the NSE Nifty 50 declining 53.35 points or 0.23% to 23,161.60, as a sharp selloff in information technology stocks and weakness across rate-sensitive sectors outweighed gains in media, pharmaceutical, and private banking shares. Market breadth was decisively negative, with 2,681 stocks declining against 1,325 advances on the NSE, reflecting broad-based risk aversion amid rising crude oil prices and lingering concerns over the global economic outlook. The Nifty’s slip below the 23,200 level on Thursday made Friday’s sharp opening recovery all the more significant, with the index reclaiming that psychologically important mark within minutes of the opening bell. 

Source

• https://www.nseindia.com/market-data/top-gainers-losers
• https://www.nseindia.com/market-data/live-market-indices
• https://www.bseindia.com/