Indian equity markets witnessed a massive surge on June 12, 2026, as the BSE Sensex jumped 1,695.40 points, or 2.30 per cent, to close at 75,527.95. The broader Nifty 50 index also rose by 2 per cent, propelled by a strong global rally triggered by former US President Donald Trump's declaration that the United States has ended its war with Iran.
During intraday trading, the Sensex soared as much as 1,775.47 points, or 2.40 per cent, reaching a high of 75,608.02. The rally was broad-based, with buying across sectors such as banking, IT, auto, and metals. Market participants attributed the upswing to improved investor sentiment after Trump's announcement, which alleviated geopolitical tensions and boosted risk appetite globally.
Asian and European markets also traded higher, tracking the positive cues from Wall Street. The US dollar weakened against major currencies, while crude oil prices eased on hopes of reduced Middle East tensions. Analysts said the development could lead to a sustained rally in emerging markets like India, provided there are no further escalations.
The benchmark indices had been under pressure in recent weeks due to concerns over rising inflation and interest rates. However, the sudden de-escalation of the Iran conflict provided a much-needed breather for investors. Foreign institutional investors (FIIs) turned net buyers after a prolonged selling streak, further supporting the market.
Among the top gainers on the Sensex were Reliance Industries, HDFC Bank, ICICI Bank, Infosys, and Tata Consultancy Services. The BSE midcap and smallcap indices also rose over 1 per cent each, reflecting broad-based participation. Market breadth was positive, with 2,098 stocks advancing against 1,028 declining on the BSE.
Experts caution that while the short-term outlook appears bright, investors should remain vigilant about global macroeconomic factors, including the trajectory of US interest rates and the upcoming domestic earnings season. The market's ability to sustain above the 75,500 level on the Sensex will be closely watched in the coming sessions.
