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Sensex, Nifty trade with traction as US, Iran reach deal to end war
Jun-15-2026

Indian equity benchmarks made gap-up opening on Monday amid sharp fall in crude oil prices and tracking firm cues from Asian counterparts as investors cheered reports of a diplomatic breakthrough between the United States and Iran that could restore traffic through the Strait of Hormuz and ease concerns over global energy supplies. The decline in oil prices is particularly significant for India, the world’s third-largest crude oil importer. Sensex and Nifty were trading in fine-fettle with gains of around one and half a percent each in early deals on account of healthy buying in almost all the sector indices except healthcare. Also, the rupee opened stronger by 48 paise against US dollar, boosting investor sentiment. Some optimism came as Union Agriculture Minister Shivraj Singh Chouhan assured that enough fertilizer stocks were available in the country, and also stated that the government had made preparations to handle the possible El Nino impact.

The BSE Sensex is currently trading at 76705.35, up by 1177.40 points or 1.56% after trading in a range of 76524.17 and 76821.07. There were 29 stocks advancing against 1 stock declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 2.55%, Auto up by 2.54%, Consumer Discretionary up by 2.40%, Consumer Durables up by 2.04% and Industrials up by 2.03%, while Healthcare down by 0.23% was the sole losing index on BSE.

The top gainers on the Sensex were Interglobe Aviation up by 4.47%, Eternal up by 4.06%, Bajaj Finance up by 3.60%, Bajaj Finserv up by 3.59% and Larsen & Toubro up by 3.44%. On the flip side, Sun Pharma down by 0.22% was the sole loser.

Meanwhile, in a bid to enhance bilateral investments and strengthen economic cooperation with France, Commerce and Industry Minister Piyush Goyal has called on French businesses to increase their investments in India’s manufacturing sector. He underscored India’s competitive advantages, including its vast talent pool and scale for manufacturing.

Goyal stated, ‘I would invite our French friends to visit India, invest in India, design in India, innovate in India, and manufacture in India, both for the large domestic market and for exports to the rest of the world.’ He added that in the uncertain global economic environment, the world is seeking partnership with trusted and reliable partners. Highlighting India’s growing innovation ecosystem, he stated that innovation has become an integral part of the country’s culture, driven by more than 230,000 startups.

The bilateral trade between India and France dipped to $15.81 billion in 2025-26 from $15.19 billion in 2024-25. France is the 11th-largest investor in India with $12.25 billion in foreign direct investment between April 2000 and March 2025. Meanwhile, Prime Minister Narendra Modi is in France, where he is scheduled to hold talks with French President Emmanuel Macron and also attend the G-7 Summit.

The CNX Nifty is currently trading at 23965.70, up by 342.80 points or 1.45% after trading in a range of 23927.35 and 24011.40. There were 46 stocks advancing against 4 stocks declining on the index.

The top gainers on Nifty were Shriram Finance up by 5.12%, Interglobe Aviation up by 4.32%, Eternal up by 4.27%, Tata Motors Passenger Vehicles up by 4.17% and Bajaj Finserv up by 3.56%. On the flip side, Apollo Hospital down by 1.10%, Cipla down by 0.82%, ONGC down by 0.39% and Sun Pharma down by 0.15% were the few losers.

All Asian markets were trading higher; Nikkei 225 surged 3338.96 points or 5.06% to 69,359.00, Taiwan Weighted jumped 1231.47 points or 2.79% to 45,400.51, KOSPI rose 455.00 points or 5.6% to 8,578.62, Jakarta Composite soared 246.69 points or 4.11% to 6,254.35, Hang Seng strengthened 118.9 points or 0.48% to 24,837.00, Straits Times gained 50.82 points or 1.01% to 5,076.62 and Shanghai Composite added 37.07 points or 0.92% to 4,068.58.
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