Why are Indian shares expected to rise on Monday, and what key developments contributed to this outlook?

Indian shares are set to open higher on Monday, tracking gains across Asian markets, following signs of progress in U.S.-Iran peace talks that eased concerns about a collapse in negotiations. GIFT Nifty futures stood at 24,129.50 as of 7:52 a.m. IST, suggesting the Nifty 50 could open above its previous close of 24,013.10. Broader Asian markets rose 0.7%, while Brent crude fell 1.4% and remained below $80 a barrel—relieving oil-importing economies like India. A joint statement from Qatar and Pakistan confirmed the first round of U.S.-Iran talks ended with progress on a roadmap for a final deal within 60 days, calming investor nerves after U.S. President Donald Trump threatened fresh strikes on Iran—even as Vice President JD Vance met Iranian officials under an interim peace deal. Additionally, India’s shipping minister reported that three Indian-flagged tankers carrying over 860,000 metric tons of oil safely crossed the Strait of Hormuz, a critical chokepoint handling ~20% of global oil supply.

What were the major domestic market movements and foreign investment trends in Indian equities last week and on Friday?

Domestic benchmarks Nifty 50 and Sensex rose about 1.7% each last week, supported by lower oil prices, though they ended a five-session winning streak on Friday due to a decline in IT stocks following Accenture’s weak demand forecast. On Friday, foreign portfolio investors bought Indian shares worth ₹48.59 billion ($515.2 million)—the highest daily inflow since early February—while domestic institutions sold ₹11.6 billion.

Indian Shares Set to Rise as US-Iran Talks Progress, Oil Eases

Jun 21, 2026

Indian markets anticipate gains as US-Iran diplomatic progress lowers oil prices, alongside key industrial updates including Aurobindo Pharma's acquisition and a safety incident at BCL Industries' ethanol facility.

reuters

2026-06-21

Indian Shares Set to Rise as US-Iran Talks Progress, Oil Eases

Indian Shares Set to Rise as US-Iran Talks Progress, Oil Eases

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