Sensex Today Rallies 1,695 Points | Nifty Above 23,600 | 4 Reasons Why Indian Share Markets Are Rising

Fri, 12 Jun Closing

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Although the benchmark indices opened lower, they traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 surged as hopes for a truce between the US and Iran after US President Donald Trump said that Washington has reached a great settlement with Iran, and only the finalisation of the document remains.

At the closing bell, the BSE Sensex  closed points 1,695 higher (up 2.3%)

Meanwhile, the NSE Nifty closed 461 points higher (up 1.9%)

You can also visit our live blog section for real-time updates and deeper insights into the market.

Bajaj Finance, Titan Company, Eternal were the top gainers today.

Tech Mahindra, Power Grid Corp, HCL Tech on the other hand, were among the top losers today.

The GIFT Nifty was trading at 23,671 with 269 points higher at the time of writing.

The BSE 150 Midcap index is trading 2.3% higher and the BSE 250 SmallCap index is trading 2.6% higher.

Sectoral indices were trading positive today with banking sector and realty sector witnessed buying.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 95.1 against the US$.

Gold prices for the latest contract on MCX are trading 1.1% higher at Rs 1,50,698 per 10 grams.

Meanwhile, silver prices were trading 1.6% lower at 2,43,698 per 1 kg.

4 reasons why Indian share markets are rising:

#1 US-Iran Peace Deal Hopes

Investor sentiment improved after US President Donald Trump called off planned military strikes on Iran and indicated that a peace agreement could be reached soon. A potential deal could lead to the reopening of the Strait of Hormuz, a key global oil shipping route. The easing of geopolitical tensions boosted confidence in financial markets.

#2 Global Markets Rally

Global stock markets moved higher after the positive developments between the US and Iran. US markets closed with strong gains overnight, while Asian markets also rallied sharply, led by Japan and South Korea. The broad-based rise in global equities supported investor sentiment across markets.

#3 Falling Crude Oil Prices

Crude oil prices declined after concerns over a possible conflict in the Middle East eased. Lower oil prices are beneficial for India as they help reduce import costs, ease inflation pressures, and improve corporate profitability. This positive outlook supported buying interest in Indian equities.

#4 Banking Stocks Rally

Banking stocks gained after the RBI introduced a concessional forex swap facility for banks' overseas borrowings. The move is expected to improve liquidity in the banking system and lower funding costs for banks. Better liquidity could help banks increase lending, which boosted investor confidence in the sector.

Speaking of stock markets, Tanushree Banerjee, Research Analyst at Equitymaster, highlights that tollbooth monopoly stocks are facing rising regulatory risks that could weaken their strong moats.

She notes that changes like market coupling are challenging platforms such as IEX. The main risk is not earnings, but valuation de-rating due to reduced pricing power.

Watch the video below to know more.

Cyient Fixes Record Date for Buyback

Shares of Cyient came into focus after the company announced that it had fixed the record date for the buyback of equity shares from eligible shareholders.

Cyient has announced 17 June 2026 as the record date to determine which shareholders will be eligible to participate in its share buyback.

The company plans to buy back up to 6.4 million shares at a price of Rs 1,125 per share, with a total buyback size of up to Rs 7.2 billion.

Commenting on the decision, management said the board believes the company's current market price does not fully reflect its intrinsic value. Through the buyback, Cyient aims to reward shareholders while demonstrating confidence in the strength of its business.

The company also stated that despite undertaking the buyback, it expects to generate strong cash flow and will continue investing in future growth opportunities.

Oil India Signs Clean Energy Partnership

Oil India Limited (OIL) has signed a collaboration agreement with Petroleum Technology Research Centre (PTRC) to work together on clean energy and sustainability projects.

The agreement was signed during the Global Energy Show 2026 and aims to strengthen cooperation between India and Canada in areas such as carbon capture, utilization and storage (CCUS), geothermal energy, enhanced oil recovery, and other clean energy technologies.

Under the partnership, the two organizations will explore ways to store and utilize captured carbon dioxide, develop environmentally friendly oil and gas production methods, identify geothermal energy opportunities, and conduct joint research on underground energy production and storage. They will also collaborate with energy startups through the government's mc2+ innovation platform.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

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INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

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