Stock Market Today, June 24 -- The Nifty Oil & Gas index gained more than 1% during the morning trades on Tuesday as crude oil tumbled following the news flow on the Israel-Iran ceasefire. BPCL, HPCL, and IOCL share prices led the gains as these stocks gained 4%.

The Brent crude oil that had been rising and inching closer to $75 a barrel following the Israel-Iran war, however, cooled down post news flow around the Israel-Iran ceasefire. The Brent crude price declined to sub-$70a barrel levels

The decline in crude price brought a sigh of relief to the Indian stock market, as the rising crude hurts the Indian economy and puts pressure on the rupee too, with India being dependent on imports to meet most of its crude requirement.

The Bhara...