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Business

Sensex surges by 1,200 points; Nifty crosses the 23,984 mark.

A significant surge was witnessed in the Indian stock market following US President Donald Trump's announcement regarding finalizing a peace agreement...

By GT24x7 Correspondents · 15 June 2026 · GlobalToday24x7

Indian stock markets witnessed a significant surge following US President Donald Trump's announcement regarding the finalization of a peace agreement with Iran and the reopening of the Strait of Hormuz. Against the backdrop of positive global cues, the Bombay Stock Exchange (BSE) Sensex opened at the 76,725 level—a gain of 1,200 points—while the Nifty rose by 360 points, crossing the 23,984 mark.

These developments also impacted the global energy market, where Brent crude oil prices recorded a decline of nearly 5 percent. According to experts, the reopening of the Strait of Hormuz has raised hopes for improved global energy supplies, a factor that has positively influenced financial markets.

Read the full article on GlobalToday24x7 →