Sensex, Nifty 50 Jump as Trump Signals US-Iran Peace Deal: Global Markets Rally

Global financial markets witnessed a massive relief rally on Friday, June 12, 2026, after US President Donald Trump canceled planned military strikes against Iran and teased an imminent peace deal.

The sudden de-escalation of Middle East tensions fueled a sharp rally across global equity markets, pulled down crude oil prices and triggered major movements in the Indian stock market, rupee and precious metals.

Indian Stock Market Today: Nifty 50, Sensex Open Gap-Up

Tracking upbeat global cues, the benchmark indices opened sharply higher on Friday, with the Nifty opening 250.95 points higher at 23,412.55.

This comes as a massive reversal from Thursday's session, where escalating geopolitical tensions in the Middle East dragged the Nifty 50 below the crucial 23,200 support level.

The sudden shift in investor sentiment follows a roller-coaster 24 hours of updates from Washington. After initially threatening heavy military action, President Trump pivoted overnight, stating that planned strikes were canceled and a deal could be signed shortly.

Global Market News: Asian Stocks Surge, Wall Street Logs Biggest Gains Since April

The optimism spread rapidly across international trading floors. Wall Street closed sharply higher overnight, with the S&P 500, Dow Jones and Nasdaq registering their largest single-day percentage gains since April 8.

The momentum carried directly into the Asian trading session:

• MSCI Asia-Pacific Index: Jumped 3.1%, marking its strongest single-day advance in two months.
• South Korea’s Kospi: Led the regional rally with a roughly 8% surge, heavily driven by aggressive institutional buying in technology and Artificial Intelligence (AI) stocks.
• US Equity Futures: Continued to point upward, signaling sustained bullish momentum ahead of the Wall Street open.

Crude Oil Prices Fall as Strait of Hormuz Reopening Nears

Energy markets experienced a sharp cooling-off period as the risk premium associated with a Middle East conflict evaporated.

President Trump indicated that a signed peace deal could happen as early as this weekend, effectively reopening the critical Strait of Hormuz shipping lane to global oil transport.

While Iran countered that a final agreement has not yet been officially reached, oil futures extended their losses:

Brent crude futures fell 1.3% to $89.17 a barrel. Meanwhile, US West Texas Intermediate (WTI) crude dropped 1.4% to trade at $86.48 a barrel.

Indian Rupee Appreciates 37 Paise

The retreat in crude oil prices provided immediate relief to emerging market currencies, particularly the Indian Rupee (INR). Because India imports the vast majority of its oil, lower energy prices significantly ease fiscal pressure.

On Friday morning, the Indian Rupee opened 37 paise higher at 95.38/$, strengthening significantly against its previous close of 95.75/$.

MCX Gold & Silver Rates Today

In a decoupled trading pattern, domestic precious metals prices on the Multi Commodity Exchange (MCX) opened sharply higher on Friday morning, buoyed by heavy domestic buying interest.

• MCX Gold Rate (August Futures): Opened higher by ₹1,663 (1.11%) at ₹1,50,595 per 10 grams, up from the previous close of ₹1,48,932.
• MCX Silver Rate (July Futures): Opened higher by ₹3,123 (1.30%) at ₹2,42,776 per kg, up from the previous close of ₹2,39,653.
• International Markets: Spot gold prices in the international market declined as inflation concerns and expectations of further US Federal Reserve rate hikes continued to weigh on sentiment.

Key Takeaways for Investors

• Market Catalyst: US President Donald Trump canceled military strikes on Iran, signaling a potential peace deal this weekend to reopen the Strait of Hormuz.
• Equities: Indian markets (Sensex, Nifty 50) and Asian markets (Kospi up ~8%) rallied strongly after Thursday's losses.
• Commodities: Brent crude dipped to $89.17/bbl; MCX Gold futures jumped over 1% domestically to ₹1,50,595 per 10 grams.
• Currency: The Indian Rupee gained 37 paise to open at 95.38/USD due to easing oil pressure.

Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment or trading advice.

Stock, commodity and currency markets involve significant risk. Readers should consult with a certified financial advisor before making any investment decisions based on the content of this post.

For a detailed disclaimer, please visit our official website https://liquide.life/