tradingkey.logo

Indian shares gain as Iran-Israel ceasefire lifts global sentiment

ReutersJun 24, 2025 7:51 AM

India's benchmark Nifty 50 .NSEI jumps 1.2%, Sensex .BSESN rises 1.1% after U.S. President Donald Trump says Israel-Iran ceasefire is now in place

All 13 major sectors trade higher; broader mid- .NIFMDCP100 and small-caps .NIFSMCP100 up about 1% each

MSCI Asia ex Japan .MIAPJ0000PUS jumps over 2%, while oil prices slide about 5% and dollar weakens MKTS/GLOB

Lower oil prices are a positive for India as it depends heavily on crude imports

Oil marketing cos Hindustan Oil Corporation HPCL.NS, Indian Oil Corporation IOC.NS and Bharat Petroleum Corporation BPCL.NS climb 3%, 2.3% and 1.9%, respectively, as lower prices are seen aiding their margins

IndiGo airline operator InterGlobe Aviation INGL.NS up 3.3% as crude is key for Indian airlines

Among other individual stocks, KPIT Technologies KPIE.NS slips 5.4% after flagging uncertain demand, slow project ramp-ups

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI