UAE presidential adviser says flydubai attack a 'terrorist act', praises Indian pilot Smit Machchhar, India's Industrial production jumps 8% in August, GST mop-up grows 15 pc to over Rs 2.03 lakh cr in September,

Nifty above 25,700, Sensex up 480 pts amid volatility

The domestic share market traded on a positive note with Nifty above 25,700 on Monday, amid volatility.At close, the Sensex was up 479.95 points or 0.58 percent at 83,294.66, and the Nifty was up 141.75 points or 0.55 percent at 25,713. About 1852 shares advanced, 2274 shares declined, and 171 shares unchanged.
Adani Ports, Dr Reddy's Labs, Kotak Mahindra Bank, HDFC Life, Nestle were the top gainers on the Nifty, while losers included Hindalco, Wipro, Infosys, Tech Mahindra, Cipla.On the sectoral front,Information Technology shed 1.4 percent, metal down 0.2 percent, while PSU Bank index added 1.3 percent, while pharma, oil & gas, infra, FMCG, auto added 0.5 percent each.The Nifty midcap index was down 0.4 percent and smallcap index was up 0.3 percent.
Rupee Close:
On 23 Feb'26,the Indian rupee gained 7 paise to settle at 90.87 against the US dollar on Monday, aided by a sharp fall in global crude oil prices and a weaker greenback amid renewed global trade related uncertainties.However, foreign fund outflows, coupled with geopolitical concerns, capped gains for the local unit, forex traders said.
Trading Guide:
Market experts recommended five shares to buy on Monday-Bajaj Consumer Care, Happy Forgings, Yatharth Hospital & Trauma Care Services, Mahindra Logistics, and Torrent Power.

(Business Correspondent)

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