Stock market update, June 17 -- The bull run on Dalal Street continued for the third consecutive session on Tuesday, 16 June 2026, as investors cheered the preliminary US-Iran peace framework and the planned reopening of the Strait of Hormuz. This significant geopolitical development triggered a steep decline in global crude oil prices, alleviating structural domestic inflation fears and revitalizing risk appetite.

Supported by renewed foreign fund inflows, the Nifty 50 advanced 0.57% (+135.25 points) to settle at 23,989.15, touching an intraday high of 24,002.60. The Sensex mirrored this strength, consistently holding above its previous closing levels to finish comfortably in the green. The day's market breadth remained decisively posit...