Market Midday, 12 June 2026: Sensex, Nifty Jump On Hopes Of West Asia Peace

The Sensex and Nifty 50 rose sharply on Thursday morning, with the momentum continuing in mid-session after US President Donald Trump said Washington had reached a settlement with Iran and only the finalisation of the agreement remained.
Trump said the deal would be signed over the next few days and that the Strait of Hormuz would reopen. The remarks lifted investor sentiment worldwide. It eased concerns around disruptions to energy supplies and trade routes in West Asia. At 11:46 am:

• The Sensex was up 1.11%.

• The Nifty 50 was up 0.92%.

Broader Markets OutPerform

Buying interest extended beyond frontline stocks. At 11:47 am, the Nifty Midcap 100 index traded 1.35% higher, while the Nifty Smallcap 100 index was up 1.83%.

Sectoral performance remained largely positive, with real estate, automobile and media stocks leading the advance.

The Nifty Realty index emerged as one of the strongest performers during the session. The Nifty Auto and Nifty Media indices also outpaced the broader market.

Top Stocks On Nifty 50

At 11:47 am, the top five stocks on the Nifty 50 index were:

• InterGlobe Aviation Ltd.

• Eternal Ltd.

• Shriram Finance Ltd.

• Bajaj Finance Ltd.

• Titan Company Ltd.

Stock-Specific Action

• Hindustan Petroleum Corporation Ltd, Indian Oil Corporation and Bharat Petroleum Corporation Ltd shares jumped up to 4.5% in early trade after crude oil prices hit a two-month low.

• MTAR Tech shares jumped around 12% in early trade after the firm clarified that it has not received any communication on its US-based Bloom Energy's data centre project delay.

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Afternoon Trade Outlook

Market participants are likely to remain focused on developments surrounding the proposed US-Iran agreement through the remainder of the session. Sustained buying in broader markets and rate-sensitive sectors could help benchmarks hold on to gains.

Sources:

Business Standard

The Economic Times