US-Iran peace deal, June 15 -- Indian benchmark indices Sensex and Nifty 50 opened sharply higher on Monday, 15 June, tracking a broad rally across global markets after the United States and Iran agreed on a framework aimed at ending their conflict in West Asia.

The BSE Sensex surged 1,197.32 points, or 1.59%, at the opening bell to 76,725.27. The Nifty 50 also began the session on a strong note, rising 361.95 points, or 1.53%, to 23,984.85.

Major Indian stocks like L&T and KEC International witnessed a significant rally amid the bull market, as the listed companies have significant exposure to the West Asia region and have witnessed volatility over the last four months since the Iran war started.

"The emerging US-Iran peace agreement ...