Stock markets sprint for second day as oil price drop, U.S.-Iran peace deal boost investor sentiment
Stock markets rose for the second straight session with the benchmark Sensex closing higher by 736 points on Monday (June 15, 2026), propelled by a rally in global equities and a sharp decline in crude oil prices after the U.S. and Iran finalised a deal to end their 107-day war.
The 30-share BSE Sensex jumped 736.38 points, or 0.97%, to settle at 76,264.33. During the day, it zoomed 1,293.12 points, or 1.71%, to 76,821.07.
Rising for the second day, the 50-share NSE Nifty surged 231 points, or 0.98%, to end at 23,853.90. During the day, the benchmark rallied 388.5 points, or 1.64%, to 24,011.40. Sensex had rallied 1,695 points or 2.3%, and Nifty soared by 461 points or nearly 2% in the previous session on Friday (June 12, 2026).
The U.S. and Iran finalised a deal to end their 107-day war and open the Strait of Hormuz, the narrow waterway used to ferry one-fifth of the global oil supplies, on Friday (June 12, 2026) after an in-person signing of the agreement in Switzerland.
U.S. President Donald Trump made the announcement on Truth Social on Sunday evening (June 14, 2026), easing pressure on global energy markets, as officials said the peace agreement would be signed on June 19 in Switzerland.
Crude oil prices fell to three-month lows in global markets after the announcement of the U.S.-Iran deal. Global benchmark Brent Crude dropped 5% to trade near $82.90 per barrel.
Among 30 Sensex firms, Trent, InterGlobe Aviation, Bajaj Finserv, UltraTech Cement, Eternal and Maruti were the major winners.
NTPC, ICICI Bank, Asian Paints and Hindustan Unilever were among the laggards.
In Asian markets, South Korea’s Kospi jumped over 5%, while Japan’s Nikkei 225 index climbed nearly 5%. Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index also ended higher.
Markets in Europe were trading in the green. U.S. markets ended in positive territory on Friday (June 12, 2026).
“The easing of geopolitical tensions following the USA-Iran peace agreement is a significant positive for global risk assets. The immediate correction in crude oil prices is particularly encouraging for an import-dependent economy like India, as it helps alleviate inflationary pressures, improves macroeconomic stability, and provides greater policy flexibility,” Rajesh Palviya, Head of Research, Axis Direct, said.
Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,082.18 crore on Friday (June 12, 2026), according to exchange data.
On Friday (June 12, 2026), the Sensex jumped 1,695.40 points, or 2.30%, to settle at 75,527.95. The Nifty ended sharply higher by 461.30 points, or 1.99%, at 23,622.90.
Published – June 15, 2026 04:45 pm IST
