Market Wrap, 15 June 2026: Sensex And Nifty Climb As Investors Cheer US-Iran Truce

The Sensex and the Nifty 50 ended the day on a high note at the end of Monday's trade. This came after reports emerged of a peace agreement between the United States and Iran. The Nifty 50 and the Sensex advanced as investors reacted positively to reports of an end to the Middle East conflict. At the closing bell:

• Nifty 50 stood at 23,853.90, up 0.98%

• Sensex stood at 76,264.33, up 0.97%

Broader Market And Sectoral Performance

Positive sentiments prevailed in the broader markets, too. The Nifty Midcap 100 index ended 1.29% higher. The Nifty Smallcap 100 index ended the day 1.11% up. Real estate stocks led advances among sectoral indices, while automobile and financial shares also witnessed strong buying support. However, not all sectors participated in the rally.

The Nifty Pharma and Nifty Healthcare indices emerged as the weakest performers during the session. Both traded in negative territory (see table).

What Propelled Markets?

The factors that led to a market surge today are:

• Announcement from President Donald Trump regarding the much-awaited US-Iran peace deal framework.

• Tumbling of oil prices with Brent crude futures and WTI crude futures down by 5% to 6%, respectively, in early trade.

• Rally in global markets, including that of Japan (Nikkei), South Korea (Kospi), Hong Kong (Hang Seng) and China (Shanghai Composite) on the heels of renewed optimism.

Other Important Headlines

Some other major news items of the day include:

• Domestic passenger vehicle sales from companies to dealers saw a 27.3% year-on-year (YOY) jump in May to 4,38,854 units.

• Casagrand Premier Builder has got the approval for its draft document from the Securities and Exchange Board of India (SEBI) for its initial public offering, comprising a fresh issue and an offer for sale of ₹1,200 crore and ₹20 crore, respectively.

• Vedanta Group’s four demerged businesses made their debut on bourses after a special pre-open session. Given below are their listing prices on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Also Read - Nifty Valuation Reset Creates Buying Window As 54% Of Top Stocks Trade Below 2023 PE Levels

Gold And Silver Watch

Gold and silver traded higher on the Multi-Commodity Exchange (MCX) thanks to the declaration of the peace deal between the US and Iran. At 15:40, gold June futures on the MCX stood at ₹1,53,360 per 10 grams, up 1.88%. July silver futures during the same time stood at ₹2,52,710 per kg, up 2.65%.

While the peace deal between the US and Iran is a step in the right direction, market participants are likely to keenly follow its implementation. Till then, experts warn caution in the upcoming trading sessions.

Sources:

Moneycontrol

Business Standard

The Economic Times