Indian shares rise on support from banks, lower crude prices

NLC India

09/06/2026 08:12

** India's Nifty 50 .NSEI and Sensex .BSESN up 0.3% each
** Gains in bank stocks and lower Brent crude prices support sentiment
** Bank stocks .NSEBANK gain 1.5% on central bank's subsidised forex swap facility to overseas foreign currency borrowings by lenders
** Private banks .NIFPVTBNK up 1.2%, while state-owned lenders .NIFTYPSU 2.8% higher
** Fourteen of the 16 major sectors gain; small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 up 1.1% and 1.2%, respectively
** Oil prices fall 1.2% to $93 per barrel as Iran and Israel said they had halted attacks on each other after an appeal from U.S. President Donald Trump
** NLC India NLCI.NS falls 3.3% as government initiates offer for sale to sell up to 3% stake at a discount



 (Reporting by Vivek Kumar M)
 ((VivekKumar.M@thomsonreuters.com;))