Why the Share Market (NSE and BSE) is Rising: Sensex Soars Over 1,200 Points, Nifty Crosses 23,500 as Crude Oil Falls and Global Sentiment Improves

Written by: Kusum KumariUpdated on: 12 Jun 2026, 9:21 pm IST
Sensex jumped over 1,200 points and Nifty crossed 23,500 on June 12 as easing Middle East tensions, falling oil prices, stronger rupee and global rally lifted markets.
Share Market (NSE and BSE)
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Indian stock markets witnessed a strong rally on June 12, 2026, as easing geopolitical tensions in West Asia and falling crude oil prices boosted investor confidence.

The BSE Sensex surged 1,268 points, or 1.7%, to touch an intraday high of 75,100. The Nifty 50 also climbed 350 points, or 1.5%, to cross the 23,500 mark during the session.

Top Gainers in the Market

Among the major gainers on the Sensex were:

  • Larsen & Toubro (L&T)
  • IndiGo
  • Bajaj Finance
  • HDFC Bank

Meanwhile, Tech Mahindra and Power Grid were among the few stocks trading in the red.

The broader market also participated in the rally:

  • Nifty Midcap 100 gained 1.5%
  • Nifty Smallcap 100 rose 1.7%
  • Nifty Realty emerged as the best-performing sector, advancing more than 2%

Easing West Asia Tensions Support Markets

Investor sentiment improved after US President Donald Trump indicated that a peace agreement between the US and Iran could be signed soon.

The possibility of a diplomatic solution reduced concerns over a prolonged conflict in West Asia and eased fears of disruptions in global oil supplies.

As a result, crude oil prices declined sharply.

Falling Crude Oil Prices Boost Sentiment

Brent crude oil slipped to around $89 per barrel following the positive geopolitical developments.

Lower oil prices are generally beneficial for India because they:

  • Reduce inflationary pressures
  • Lower the country's import bill
  • Improve corporate profitability
  • Support economic growth

Market participants are also hopeful that improving global conditions could encourage foreign investors to return to Indian equities.

Global Markets Rally

Indian markets also received support from strong gains across global markets.

Asian Markets

  • South Korea's Kospi surged over 8%
  • Japan's Nikkei gained nearly 3.5%
  • China's CSI 300 rose around 1.5%
  • Hong Kong's Hang Seng advanced close to 2%

US Markets

Wall Street ended sharply higher overnight:

  • Dow Jones gained 1.9%
  • S&P 500 rose 1.8%
  • Nasdaq jumped 2.5%

The global rally followed signs of easing tensions between the US and Iran.

Rupee Strengthens Against Dollar

The Indian rupee appreciated sharply against the US dollar, gaining around 65 paise in early trade.

The currency strengthened to 95.20 per dollar after closing at 95.85 in the previous session.

Read More: NLC India Company Signs MoU With CSIR-CECRI for Critical Minerals Research!

Conclusion

Indian markets rallied sharply on June 12, driven by easing geopolitical tensions, falling crude oil prices, a stronger rupee, and positive global cues. 

Want to track these market movements in Hindi? Visit Angel One News for daily updates and comprehensive share market news in Hindi.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Jun 12, 2026, 3:51 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers