Stock Market Update 15 June 2026: Indices Soar Over 1% After US-Iran Deal

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Most Indian stock market indices rallied sharply after the announcement of the US-Iran peace deal. Both Sensex and Nifty 50 soared over 1%. A few Asian markets jumped over 5%.

Most Indian stock market indices rallied sharply after the markets reopened on Monday, 15 June 2026, after the weekend break. This was after US President Donald Trump announced a peace deal with Iran.

At around 9:19 AM, the Sensex was up by around 1,060.58 points (1.4%) to trade at 76,588.53. The Nifty 50 was also trading higher by around 315 points (1.33%) at 23,938.25.

Notably, the indices witnessed a somewhat similar rally on Friday as well. At the market close, the Sensex stood at 75,527.95, up 2.30%. The Nifty 50 stood at 23,622.90, up 1.99%.

Not just the Sensex and the Nifty 50, but most other Indian indices were in the green during early trading on Monday.

At around 9:25 AM, Bank Nifty was up by 665 points (1.17%) to trade at 57,479.75. The Nifty Financial Services index was also up by around 1.74% to trade at 26,393.55.

Most sectoral indices were also trading higher. Nifty Auto gained 1.75%, Nifty FMCG gained 1.06%, Nifty IT gained 1.15%, and Nifty Metal gained 1.02%. Nifty Pharma (down 0.26%) was the only index trading in the red.

The overall market breadth was highly positive during early trading on Monday. Stocks of almost every sector were trading in the green. About 557 shares advanced, 65 shares declined, and 40 shares remained unchanged.

The top gainers on Nifty included Shriram Finance, Interglobe Aviation, Bajaj Finance, L&T, and TMPV. The top losers were ONGC, Cipla, and Apollo Hospitals.

  • US-Iran Peace Deal: After nearly two months of war, the US and Iran have agreed to a peace deal. The development has lifted sentiment in markets around the world. The US President Donald Trump announced on “X” that a deal with the Islamic Republic of Iran is now complete. The Strait of Hormuz is also being reopened.

  • Drop in Oil Prices: Global oil prices dropped sharply after the reports of the US-Iran peace deal came out. Brent crude dropped more than 4% on Monday to reach its lowest level since March.

  • Rupee Surges: The Indian National Rupee (INR) jumps to its highest level since 8 May. It opened at 94.68 per US dollar on Monday. The previous close was at 95.11.

  • Positive Global Markets: The global markets gave highly positive cues amid the announcement of the peace deal. As of 9:28 AM on Monday, Japan’s Nikkei was up 5.11%, Hong Kong’s Hang Seng was up 0.44%, and South Korea’s KOSPI was up 5.46%.

Also Read - Stocks To Watch On 15 June: Vedanta, Meesho, JSW Energy and More

After a prolonged period of dullness and volatility, the markets finally seemed to be heading in the right direction. If there are no adverse developments, the indices could soon reclaim the pre-March levels. However, investors should wait for a few days and let the indices surpass crucial resistance zones before taking fresh long positions.

Sources:

The Economic Times

Moneycontrol

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer.

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