---
title: "Indian shares open higher on US-Iran peace deal hopes, lower oil"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282935063.md"
description: "Indian shares opened higher on Thursday, buoyed by hopes of a U.S.-Iran peace deal that lowered oil prices. The Nifty 50 rose 0.60% to 24,375.55, while the Sensex increased by 0.64% to 78,613.37. All major sectors advanced, with small-caps and mid-caps up 1.1%. Asian markets also saw gains, rising 1.2%. Brent crude fell below $95 as reports emerged of Iran potentially allowing ships to pass through the Strait of Hormuz, easing supply disruption concerns. U.S. President Trump indicated further easing of Middle East tensions with upcoming talks between Israel and Lebanon."
datetime: "2026-04-16T03:49:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282935063.md)
  - [en](https://longbridge.com/en/news/282935063.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282935063.md)
---

# Indian shares open higher on US-Iran peace deal hopes, lower oil

April 16 (Reuters) - Indian shares extended their rally to open higher on ‌Thursday as hopes of a peace ‌deal between the U.S. and Iran pulled oil ​prices lower and lifted sentiment.

The Nifty 50 rose 0.60% to 24,375.55 and the Sensex added 0.64% to 78,613.37 as of ‌9:18 a.m. IST.

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

Asian markets traded higher, rising 1.2%. \[MKTS/GLOB\]

India's Nifty 50 and ​Sensex advanced ​1.6% on Wednesday ​to hit a ‌one-month high after the U.S. 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. \[O/R\]

U.S. President ‌Donald Trump said Israel ​and Lebanon ​will hold talks later in the day, signalling further easing of the ​Middle East ‌tensions.

(Reporting by Vivek Kumar M and ​Bharath Rajeswaran; Editing by Sonia Cheema ​and Nivedita Bhattacharjee)

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