Sensex Soars 1,695 Points, Nifty Jumps as Oil Tumbles on US-Iran Peace Talks Hopes
Mumbai, June 12, 2026, 16:32 (IST) • Nifty 50 ended up 1.99% at 23,622.90. Sensex gained 2.3% to finish at 75,527.95.• Brent crude dropped to around $87 a barrel and that sent banks, airlines, cement, paint and other oil-sensitive stocks higher.• Markets watch for progress in US-Iran peace talks. A signed deal could help keep oil at $90 or lower.