US-Iran peace deal: Major Indian stocks to benefit from easing tensions in the Middle East

Indian benchmark indices opened sharply higher on 15 June 2026 after the US and Iran agreed on a framework to end their conflict in West Asia, with the BSE Sensex surging 1,197.32 points (1.59%) to 76,725.27 and Nifty 50 rising 361.95 points (1.53%) to 23,984.85. Stocks with significant West Asia exposure rallied, including L&T (up 3.33% to ₹4,184) and KEC International (up 3% to ₹520), while oil marketing companies HPCL, BPCL, and IOC jumped up to 4% as crude oil prices crashed over 5%. InterGlobe Aviation (IndiGo) climbed 4% on lower crude and hopes of reopening disrupted Middle East air routes.