Benchmark indices ended sharply higher on Friday (June 12, 2026), with the Sensex rising 1,695.40 points and the Nifty rising nearly 2 percent, along with a rally in global markets and a drop in crude oil prices after US President Donald Trump declared that his country has ended the war with Iran.
The 30-share BSE Sensex jumped 1,695.40 points, or 2.30%, to settle at 75,527.95. During the day, it rose 1,775.47 points, or 2.40%, to 75,608.02.
The 50-share NSE Nifty ended sharply higher by 461.30 points, or 1.99%, to close at 23,622.90. During the day, the benchmark index rose 483.75 points, or 2%, to 23,645.35.
US President Donald Trump said a deal to end the war with Iran is almost complete and expected to be signed over the weekend in Europe, as he called off military strikes on the Islamic Republic hours after threatening to take control of its oil industry.
Trump, speaking to reporters in the Oval Office on Thursday afternoon (June 11, 2026), said Vice President JD Vance is expected to attend the signing ceremony, which could take place in Europe as soon as this weekend.
Later, at a telephone rally for Georgia Lt. Gov. Burt Jones, who is running for governor, Trump declared that the United States has ended the war with Iran.
“I don’t know if you heard, but today (Thursday) we ended the war with Iran and they agreed to never have a nuclear weapon, something we insisted on. That was the purpose,” Trump said.
Of the 30 Sensex companies, Bajaj Finance, Larsen & Toubro, InterGlobe Aviation, Titan, Eternal and HDFC Bank were among the biggest gainers.
Tech Mahindra and Power Grid were the only stragglers in the group.
Brent crude, the world’s oil benchmark, fell 3.98 percent to $86.78 per barrel.
In Asian markets, South Korea’s Kospi rose 4.63 percent, while Japan’s Nikkei 225 index rose 2.81 percent. Shanghai’s SSE Composite Index and Hong Kong’s Hang Seng also finished higher.
European markets also traded in positive territory.
US markets ended significantly higher on Thursday (June 12, 2026).
“Indian stocks today witnessed a sharp turnaround in the session, with the Nifty-50 rising nearly 2 per cent and reclaiming the 23,600-plus zone, marking one of the strongest bullish moves in recent sessions. The rally was driven by a sharp improvement in global risk sentiment, easing geopolitical concerns and renewed confidence in all risk assets,” said Hariprasad K., Research Analyst and Founder, Livelong Wealth.
The biggest trigger for today’s move was the sudden shift in tensions in West Asia, he said.
“Expectations of a possible diplomatic resolution between the United States and Iran, along with the cancellation of planned military action, reduced fears of a broader conflict,” Hariprasad added.
A major positive for India was the sharp decline in crude oil prices, he added.
Foreign institutional investors (FIIs) offloaded shares worth Rs 1,987.09 crore on Thursday (June 11, 2026), according to exchange data.
In the previous session, the 30-share BSE Sensex lost 150.63 points, or 0.20%, to settle at 73,832.55. The Nifty fell 53.35 points, or 0.23%, to end at 23,161.60.
Published – June 12, 2026 04:58 pm IST