Brief by Shorts91 Newsdesk / 05:26pm on 18 Jun 2026,Thursday India
Indian equity markets continued their upward momentum for the fifth consecutive session on June 18, with the Sensex and Nifty gaining on optimism surrounding a potential US-Iran peace agreement and declining global crude oil prices. Lower energy costs improved investor confidence and supported gains across several sectors, particularly banking and financial stocks. Analysts said easing geopolitical tensions and expectations of stable inflation have strengthened market sentiment. The rally also received support from positive global cues, although concerns over future US interest-rate decisions continued to weigh on information technology shares. Overall, Indian markets maintained a strong bullish trend. (PC: Rediff)