Indian shares were sharply higher in early trade on Monday after the United States and Iran agreed to a deal aimed at halting the Middle East conflict, sending bond yields and oil prices tumbling.
It was said that the text of the memorandum would be released following a signing ceremony in Switzerland on Friday.
The benchmark BSE Sensex jumped 1,138 points, or 1.50 percent, to 76,664 while the broader NSE Nifty was up 333 points, or 1.4 percent, at 23,955.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.