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Sensex rises 232 pts, Nifty at 23719 amid Iran-US deal hopes

The domestic share market traded on a postive note on Friday with Sensex and Nifty rising around 0.3% each after erasing a significant portion of their intraday gains, amid easing crude oil prices and a rally in global markets. Hopes of progress in the US-Iran peace negotiations also supported investor sentiment.At close, Nifty rose 64.60 points or 0.27 per cent to 23,719.30, and the Sensex settled 231.99 points or 0.31 per cent higher at 75,415.35
Trent, Shriram Finance Axis Bank, ICICI Bank, Wipro and Asian Paints were the top gainers on the Nifty while losers included Max Healthcare, ITC, Sun Pharma, ONGC and Power Grid.On the sectoral front,strong buying was seen in financial stocks, while FMCG, pharma, IT and realty shares traded lower among the Nifty sectoral indices.The broader Nifty Smallcap100 and Nifty Midcap100 indices declined 0.07 percent and 0.14 percent, respectively.
Rupee Close:
On 22 May'26,the Indian rupee appreciated 18 paise to close at 96.18 against the US dollar on Friday amid cooling crude oil prices, easing geopolitical tensions and RBI intervention in the currency market.
Trading Guide:
Market experts recommended five shares to buy on Friday: Dr. Agarwal's Health Care, Knowledge Marine & Engineering Works, Jammu and Kashmir Bank, Lincoln Pharmaceuticals, and Aarti Industries.

(Business Correspondent)


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