Sensex, Nifty open higher on US-Iran peace deal hopes, lower oil

Indian shares extended their rally to open higher on Thursday as hopes of a peace deal between the US and Iran pulled oil prices lower and lifted sentiment.

The Nifty 50 rose 0.60 per cent to 24,375.55 ‌and the Sensex added ‌0.64 per cent ‌to 78,613.37 as of ‌9:18 am IST.

All 16 major sectors advanced at the open. ​The broader small-caps and mid-caps rose 1.1 per cent each.

Asian markets traded higher, rising 1.2 per cent.

Nifty 50 and Sensex advanced 1.6 per cent on Wednesday to hit a one-month high after the ⁠US said talks with Iran could resume soon in Pakistan.

Brent crude slipped below $95 on Thursday after reports that Iran could consider allowing ships to pass through around the Strait of Hormuz, outweighing concerns over ongoing supply disruptions.

US President Donald Trump said Israel and Lebanon will hold talks later in the day, signaling further easing of the West Asia tensions.

Published on April 16, 2026