Market Midday, 15 June 2026: Nifty, Sensex Rise Sharply As US-Iran Conflict Ends

Equity benchmarks traded sharply higher on Monday morning, with the momentum persistent in mid-day trade. This came after reports emerged of a peace agreement between the United States and Iran that eased geopolitical concerns and improved investor sentiment across markets.

The Nifty 50 and the Sensex gained ground after US President Donald Trump said Washington and Tehran had reached a peace deal that would bring an end to a four-month-long conflict in West Asia. According to reports, both countries announced an immediate halt to military operations across all fronts.

At 12:21 pm:

• The Sensex was up 1.23%

• The Nifty 50 was up 1.23%

Outperformance In Broader Markets

The euphoria of the peace deal was felt even in broader markets. At 12:23 pm, the Nifty Midcap 100 index was trading 1.56% higher, while the Nifty Smallcap 100 index was up 1.44% during the same time.

Sectoral indices largely traded in positive territory, led by real estate, automobile and financial shares. Among the top performers were:

• Nifty Realty

• Nifty Auto

• Nifty Financial Services

However, the Nifty Pharma and Nifty Healthcare indices traded lower and emerged as the biggest laggards among sectoral gauges.

Top Stocks On Nifty 50

At 12:37 pm, the top five stocks on the Nifty 50 index were:

• Shriram Finance Ltd.

• Trent Ltd.

• Eternal Ltd.

• Maruti Suzuki India Ltd.

• InterGlobe Aviation Ltd.

Stock-Specific Action

• InterGlobe Aviation, SpiceJet, ixigo and Easy Trip Planners shares jumped up to 7% in early trade after the announcement of the end of the US-Iran war and the opening of the Strait of Hormuz.

• Asian Paints, Berger Paints and Kansai Nerolac shares rose in the range of 2% to 3% in early trade following the lowering of crude oil prices.

• Vedanta shares surged over 2% in intraday trade as its four demerged entities prepared to get listed on Monday.

• IIFL Finance, Hindustan Zinc, Mannappuram Finance and Muthoot Finance shares railed in the range of 1 to 4% in early trade after the long-awaited peace deal between the US and Iran.

• RVNL, RailTel Corporation and Titagarh Rail shares jumped 4% in early trade after the Railway Ministry announced a plan to develop seven high-speed rail corridors.

• Oswal Pumps shares jumped almost 6% in early trade after it secured 63 MW solar rooftop projects in Bihar under PM Surya Ghar - Muft Bijli Yojana.

• IFCI Ltd shares surged 8% in intraday deals on the heels of NSE IPO buzz.

Also Read - SEBI Looks At Longer-Term F&O Contracts To Deepen Capital Markets

Afternoon Trade Outlook

For afternoon trade, market participants are likely to keep a close watch on developments related to the US-Iran peace agreement and trends in global equities. The strong gains in broader markets and rate-sensitive sectors such as realty, auto and financial services suggest that buying interest remains firm. If positive sentiment sustains, the Nifty and Sensex could hold on to their gains through the second half of the session.

Sources:

Business Standard

The Economic Times

Moneycontrol