HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Bulls strongly hold fort during late trade
Jun-15-2026

Benchmarks continued to trade higher in late afternoon session amid hopes of easing hostilities in West Asia after United States and Iran reached a peace agreement. Further, the US President Donald Trump has announced lifting of the US naval blockade near the Strait of Hormuz. The development has led to sharp fall in global crude oil prices with Brent crude oil prices slumping over 5% to trade near $83 a barrel. Sentiments also remained upbeat as 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.

On the global front, all Asian and European equity markets were trading higher as fall in crude oil prices helped ease concerns over inflationary pressures and interest-rate hikes.

The BSE Sensex is currently trading at 76547.62, up by 1019.67 points or 1.35% after trading in a range of 76317.03 and 76821.07. There were 24 stocks advancing against 6 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 4.45%, Auto up by 3.22%, Consumer Discretionary up by 2.94%, Consumer Durables up by 2.31% and Industrials up by 2.18%, while Healthcare down by 0.42% was the sole losing index on BSE.

The top gainers on the Sensex were Trent up by 6.54%, Eternal up by 4.27%, Interglobe Aviation up by 4.13%, Maruti Suzuki up by 3.97% and Bajaj Finserv up by 3.89%. On the flip side, NTPC down by 1.51%, ICICI Bank down by 0.29%, Tech Mahindra down by 0.21%, Sun Pharmaceutical Industries down by 0.18% and Hindustan Unilever down by 0.07% were the top losers.

Meanwhile, India's wholesale price index (WPI) inflation surged to 9.68 per cent in May 2026 under a new revised series, with higher food and fuel prices amid the continuing Middle East tensions due to the US-Iran war that inflated global crude prices and strained supply chains. India's wholesale inflation was 8.26% in April 2026.

The base year for the WPI has been revised from 2011-12 to 2022-23 and expands the number of commodities covered to 957 from 697. Under revised series, new sources of energy, such as Solar and Wind, have been added under ‘Electricity’ Group. In addition, Nuclear Electricity has been included in the basket. Further, Crude Petroleum and Natural Gas has been shifted from ‘Primary Articles’ to ‘Fuel and Power’ major group. This reorganization has been done to ensure better alignment, as this group already houses other major fuels such as coal, electricity, and petroleum products.

Across Major Groups, YoY inflation for Primary Articles, Fuel and Power, and Manufactured Products is 4.99 per cent, 30.33 per cent, and 7.48 per cent, respectively in May 2026, whereas it was 3.78 per cent, 24.89 per cent, and 6.68 per cent, respectively, in April 2026. Besides, India's wholesale food prices inflation stood at 4.49 per cent in May 2026.

The CNX Nifty is currently trading at 23932.45, up by 309.55 points or 1.31% after trading in a range of 23865.85 and 24011.40. There were 37 stocks advancing against 13 stocks declining on the index.

The top gainers on Nifty were Trent up by 6.42%, Shriram Finance up by 5.67%, Eicher Motors up by 4.29%, Eternal up by 4.27% and Interglobe Aviation up by 4.15%. On the flip side, NTPC down by 1.51%, Bajaj Auto down by 1.12%, ONGC down by 1.08%, Hindalco down by 0.59% and Cipla down by 0.57% were the top losers.

All Asian equity markets were trading higher; Nikkei 225 surged 3334.96 points or 4.81% to 69,355.00, Taiwan Weighted added 1227.95 points or 2.7% to 45,396.99, Hang Seng advanced 133.9 points or 0.54% to 24,852.00, KOSPI increased 422.36 points or 4.94% to 8,545.98, Straits Times rose 53 points or 1.05% to 5,078.80, Jakarta Composite gained 230 points or 3.69% to 6,237.66 and Shanghai Composite strengthened 64.96 points or 1.59% to 4,096.47.

All European equity markets were trading higher; UK’s FTSE 100 increased 21.72 points or 0.21% to 10,493.44, France’s CAC rose 96.03 points or 1.15% to 8,446.90 and Germany’s DAX gained 332.8 points or 1.35% to 24,968.10.
  RELATED NEWS >>
Most Viewed >>
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.