Stock Market Update 12 June 2026: Sensex Rallies Over 1,000 Pts; Nifty 50 Above 23,450

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The Indian stock market indices witnessed a bull rally after the market opened on Friday morning. Hopes of the Middle East war coming to an end, a drop in global oil prices, and the RBI’s policy announcements to attract foreign investments all contributed to the rally.

Most Indian stock market indices were trading fairly higher after market opening on Friday, 12 June 2026.

At around 9:18 AM, the Sensex was up by 1,013 points (1.37%) to trade at 74,846.41. The Nifty 50 was also up by 291 points (1.26%) to trade at 23,452.60.

Notably, both indices traded with a negative undertone on Thursday. At the market close, the Nifty 50 stood at 23,161.60, down 0.23%. The Sensex stood at 73,832.55, down 0.20%.

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

At around 9:21 AM, Bank Nifty was up by 762 points (1.38%) to trade at 55,938.60. The Nifty Financial Services index was also trading higher by 1.54% at 25,539.70.

Even the sectoral indices, including the Nifty Auto (up 1.79%), Nifty Pharma (up 0.50%), Nifty Metal (up 0.90%), Nifty FMCG (up 0.88%), Nifty PSU Bank (up 1.34%) and Nifty IT (up 0.27%), were all in the green.

The overall market breadth was highly positive during early trade on Friday. Approximately 531 shares were trading in the green, whereas only 72 shares were in the red. 21 shares remained unchanged.

The top gainers on the Nifty were Shriram Finance, Trent, Hindalco, Eternal, and L&T. ONGC was the only company on the losers' list.

Even the global markets were highly positive on Friday as there were hopes for a diplomatic end to the ongoing Middle East conflict.

  • S&P 500 futures were up 0.2% as of 9:04 AM Tokyo time.

  • Hang Seng futures were up 0.9%.

  • Japan’s Topix was up 1.4%.

  • Australia’s S&P/ASX 200 was up 1.5%.

  • Euro Stoxx 50 futures were up 0.5%.

  • Middle East Conflict: The Middle East conflict finally seems to be coming to an end. On Thursday, US President Donald Trump signalled that a deal with Iran is imminent.

  • Rupee Rises: The Indian National Rupee (INR) rose 60 paise to open at 95.25 against the US dollar on Friday. Of late, the currency has been under constant pressure.

  • Oil Prices Drop: After hopes of the war coming to an end, oil prices dropped sharply. Brent crude fell to $88.80 per barrel, its lowest in the last two months.

  • RBI’s Policy Announcement: The Reserve Bank of India (RBI) has announced a string of policy measures to attract foreign investments and support the INR. This is another reason behind the market’s bull run on Friday.

Also Read - Stocks To Watch On 12 June: Infosys, Vedanta Ltd, SBI, Dabur & More

The Indian stock market remains volatile, but today's rally has offered some relief to investors. If tensions in the Middle East ease further and the rupee strengthens against the US dollar, aided by the RBI's policy measures, benchmark indices may extend their recovery in the coming sessions.

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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