Market Update- Sensex, Nifty rally as global sentiment improves

Indian stock markets witnessed a strong rally on June 12, 2026, led by easing US–Iran tensions, which led to a sharp fall in crude oil prices below $90 per barrel. Positive global market cues, RBI policy stability, and short covering by foreign investors further accelerated the rally. The Sensex jumped over 1,000–1,700 points and the Nifty crossing 23,600, driven by broad-based buying across sectors. At 3.08 pm, Sensex surged by 2.02% or 1724 points to 75,560. The Nifty gained 2.33% or 466 points to 23,625.

Global Update-

Asian equities surged on signs of US-Iran diplomatic progress.

European stocks jumped to two-week highs as Iran-US peace hopes lift sentiment.