The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged conflict and potential blockage of critical energy trade routes. However, as ceasefire negotiations progressed, traders began unwinding these risk premiums.
Concurrent Gainers: LIC of India, Adani Enterprises among 15 stocks that gained for 5 straight trading sessions
Over the five trading sessions ending on June 19, the benchmark Sensex gained 1.69%, rising 1,275 points to close at 76,802. The index finished higher
June 20, 2026