BSE Momentum Index

The Indian benchmark indices delivered one of their strongest sessions in recent weeks on June 12, 2026, with Nifty surging 461 points to 23,622 and Sensex rallying over 1,695 points to close at 75,527, as US President Trump stepped back from planned military action against Iran and signalled a peace deal could be imminent. Brent crude crashed below $90 per barrel, triggering a massive relief rally across Dalal Street with every major sectoral index ending in the green. Nifty Bank was the star performer, jumping 1,638 points as Banking and Financial stocks led the broad-based charge, with investors cheering the combination of easing geopolitical tensions, falling oil prices, and improving global risk appetite

12 Jun 2026|10:07 PM

The Indian benchmark indices ended lower on June 11, 2026, with Nifty slipping to 23,161 and Sensex declining 150 points to close at 73,832, as a sharp selloff in IT stocks, fresh US-Iran escalation, and rising crude oil prices kept investor sentiment cautious through the session. Iran's declaration that the ceasefire had become "practically meaningless" rattled global markets, while weakness in AI-related stocks on Wall Street triggered broad selling in domestic technology counters. Nifty Bank managed a marginal gain of 76 points, with Media, Pharma, and Private Banks offering the only pockets of resilience in an otherwise weak session.

12 Jun 2026|10:00 PM

APAR Industries Limited, founded in 1958, is a diversified Indian multinational and a global leader in power transmission, cable solutions, and specialty oils. With operations spanning 140+ countries, APAR plays a critical role in supporting energy infrastructure, renewable energy, transportation, and telecommunications worldwide.

12 Jun 2026|05:53 PM