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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. Indian stocks jumped on Friday for their best day in two months. The Nifty 50 rallied 461.30 points to close at 23,622.90, while the BSE Sensex gained 1,695.40 points to finish at 75,527.95. BSE-listed market value climbed by around ₹10

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