Stock markets extend rally to fourth day as easing crude oil prices fuel buying

Indian stock markets extended their rally for a fourth consecutive day, driven by lower crude oil prices following a U.S.-Iran peace deal. Major indices like the Sensex and Nifty saw gains, though foreign institutional investors remained net sellers.
Why it matters
Reflects the sensitivity of global and local markets to geopolitical stability and energy commodity pricing.
Stock market benchmark indices Sensex and Nifty ended higher on Wednesday (June 17, 2026), taking their winning run to the fourth straight session, buoyed by softening crude oil prices following a peace deal between the U.S. and Iran.
The report relies on market data and expert commentary to explain financial trends objectively.
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