US-Iran peace deal: Major Indian stocks to benefit from easing tensions in the Middle East (opens original article in a new tab)
Indian stock markets rose sharply on 15 June following a US-Iran peace deal, with major companies benefiting from potential geopolitical stability and lower oil prices.
- US-Iran peace deal led to sharp rise in Indian benchmark indices Sensex and Nifty 50 on 15 June
- Major Indian stocks like L&T, KEC International, and oil companies saw significant price increases
- Oil marketing companies benefited from falling crude oil prices following the deal
- Rice exporters showed mixed performance with KRBL rising and LT Foods declining
- IndiGo shares increased due to expected route reopenings and lower fuel costs
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