Indian shares closed Friday’s session on a buoyant note in a broad-based rally, with both frontline and broader market indexes posting sharp gains.

Global cues were supportive, the rupee staged a strong recovery and crude oil prices plunged more than 4 percent in international markets after U.S. President Donald Trump said a “great settlement” to end the conflict with Iran has been reached, and that a signing ceremony could take place in Europe as early as this weekend, with Vice President JD Vance attending on his behalf.

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Market Analysis




Indian Shares Rally On US-Iran Peace Deal Hopes

2026-06-12 10:19:48

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