India Stocks: Indian shares open higher after oil slips to pre-Iran war levels

ICICI Bank

25/06/2026 04:46

Updates for markets open
June 25 (Reuters) - Indian shares opened higher on Thursday, tracking broader Asia after oil prices fell to pre-Iran war levels as stranded tankers exited the Strait of Hormuz following an initial peace deal between the U.S. and Iran.
The benchmark Nifty 50 .NSEI rose 0.43% to 24,125.85, while the BSE Sensex .BSESN added 0.52% to 77,391.07, as of 9:15 a.m. IST.
Fifteen of the 16 major sectors logged gains. The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 rose 0.4% each.
Brent crude LCOc1 fell 1.7% to $72.5 a barrel, easing concerns about growth and inflation outlook in the world's No. 3 oil importer and consumer. O/R
Other Asian stock markets .MIAPJ0000PUS rose 1.3%, helped by lower oil prices and as strong earnings and forecasts from chip giants Micron MU.O and Qualcomm QCOM.O helped ease fears about the red-hot AI rally.
Both the Nifty 50 and Sensex .BSESN have risen in seven of the last nine sessions, gaining about 4% each, aided by lower oil prices after the U.S.-Iran peace deal.

 (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Subhranshu Sahu)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))