US-Iran peace hopes spark market rally, indices surge 2% | Business News
2 min readMumbaiJun 13, 2026 03:53 AM IST Indian stock markets staged a strong rally on Friday, with benchmark indices surging more than 2% amid expectations of a possible diplomatic breakthrough between the US and Iran that could lead to the end of West Asia conflict. Indices jumped as aggressive short covering, easing geopolitical concerns…