{"id":2779,"date":"2026-06-12T23:25:11","date_gmt":"2026-06-12T17:55:11","guid":{"rendered":"https:\/\/newsaxis.com\/?p=2779"},"modified":"2026-06-12T23:25:11","modified_gmt":"2026-06-12T17:55:11","slug":"sensex-jumps-nearly-1700-points-on-hopes-of-us-iran-peace-deal","status":"publish","type":"post","link":"https:\/\/newsaxis.com\/?p=2779","title":{"rendered":"Sensex jumps nearly 1,700 points on hopes of US-Iran peace deal"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"300\" data-id=\"2780\" src=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/06\/sensex-2.png\" alt=\"\" class=\"wp-image-2780\" srcset=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/06\/sensex-2.png 450w, https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/06\/sensex-2-300x200.png 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Mumbai, Indian equity benchmarks rallied sharply on Friday, with the Sensex soaring nearly 1,700 points and the Nifty reclaiming the 23,600 mark, as investor sentiment improved on hopes of a potential peace agreement between the United States and Iran.<\/p>\n\n\n\n<p>The Sensex closed at 75,527.95, gaining 1,695.40 points, or 2.30 per cent, from its previous close of 73,832.55. The 30-share index opened at 74,709.27 and touched an intra-day high of 75,608.02 before settling near the day&#8217;s peak.<\/p>\n\n\n\n<p>The Nifty also ended strongly at 23,622.90, up 461.30 points, or 1.99 per cent. The index opened at 23,412.55 and climbed to an intra-day high of 23,645.35 during the session.<\/p>\n\n\n\n<p>Commenting on Nifty technical outlook, experts said that a sustained move above 23,800 could further improve sentiment and pave the way toward the 24,000 psychological mark.<\/p>\n\n\n\n<p>\u201cOn the downside, the 23,550\u201323,500 region is now expected to act as an important immediate support area, having transitioned from resistance to support following the breakout,\u201d an analyst stated.<\/p>\n\n\n\n<p>The rally came after US President Donald Trump said that Washington had reached a &#8220;great settlement&#8221; with Iran and that only the finalisation of the document remained.<\/p>\n\n\n\n<p>The comments fuelled optimism in global markets, with investors betting that easing geopolitical tensions could stabilise energy supplies and reduce uncertainty.<\/p>\n\n\n\n<p>Among Nifty constituents, Shriram Finance, Bajaj Finance and Larsen &amp;amp; Toubro emerged as the top gainers.<\/p>\n\n\n\n<p>The broader market also witnessed robust gains. The Nifty MidCap index ended 2.43 per cent higher, while the Nifty SmallCap index advanced 2.8 per cent.<\/p>\n\n\n\n<p>Sectorally, real estate and financial stocks led the upmove. The Nifty Realty and Nifty Financial Services indices surged more than 3 per cent each, outperforming other sectoral gauges.<\/p>\n\n\n\n<p>In contrast, the Nifty IT index lagged the broader market and emerged as the weakest-performing sector during the session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, Indian equity benchmarks rallied sharply on Friday, with the Sensex soaring nearly 1,700 points and the Nifty reclaiming the 23,600 mark, as investor sentiment improved on hopes of a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2780,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,20],"tags":[],"class_list":["post-2779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-display","has_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2779"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2779\/revisions"}],"predecessor-version":[{"id":2781,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2779\/revisions\/2781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/media\/2780"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}