Mumbai, June 15, 2026, 19:19 IST.
- Sensex climbed 736.38 points to settle at 76,264.33. Nifty ended 231 points higher at 23,853.90.
- FIIs ended their run of selling and turned net buyers in Indian equities, with net purchases of ₹200.05 crore after 11 straight sessions of outflows.
- Brent crude fell about 5%, trading around $83 a barrel as the US-Iran agreement eased concerns about Gulf oil supply.
Softer crude and less concern over West Asia drove Indian equities higher Monday, sending the Sensex up 736.38 points, or 0.97%, to 76,264.33 at the close. The Nifty put on 231 points, or 0.98%, to close at 23,853.90, according to market data. The up move was supported by buying, with both Moneycontrol and Telegraph India reporting the gains.
Foreign investors swung to buying, taking in ₹15,650.20 crore and selling ₹15,450.15 crore, for a net inflow of ₹200.05 crore, Moneycontrol said, citing provisional exchange data. Domestic institutions were bigger buyers, with net purchases of ₹3,189.26 crore. Steady institutional buying can build up rallies in a way short-covering usually doesn’t. Moneycontrol
Brent crude hit a three-month low after news from Reuters that the U.S. and Iran have a preliminary agreement to reopen the Strait of Hormuz and call a halt to three months of fighting. Risk appetite in Europe climbed, with Reuters reporting a new record for the STOXX 600. Reuters
Cheaper crude is a boost for India, trimming the import bill, easing inflation, and lending support to the rupee. Moneycontrol said oil marketing firms and fuel-intensive sectors did well with lower oil prices, but shares of upstream energy names underperformed. Reliance Industries, Mahindra & Mahindra, and Maruti Suzuki pushed the benchmark index higher. Moneycontrol
Sector gains were broad, but some stocks lagged. PTI via Telegraph India reported Trent, InterGlobe Aviation, Bajaj Finserv, UltraTech Cement, Eternal, and Maruti were top movers. NTPC, ICICI Bank, Asian Paints, and Hindustan Unilever fell behind. Rajesh Palviya at Axis Direct called easing tensions a “significant positive for global risk assets,” and pointed to lower crude prices as a lift for big importers. Telegraph India
All eyes are on the peace deal, with markets waiting to see if it gets signed June 19 and if oil moves normally again through the Strait of Hormuz. The Guardian reported that big issues remain, including when the strait will open and what rules will let ships pass. India’s stocks could hold gains if crude stays down and foreign buyers keep coming. Any trouble with the deal could shake oil, the rupee and foreign flows quickly. Theguardian
