Sensex settles 291 pts higher, Nifty at 24,103 amid postive global cues

The domestic share market traded on a positive note on Monday supported by a sharp decline in crude oil prices, driven by optimism around progress in U.S.–Iran peace talks.At close, the Sensex was up 291.17 points or 0.38 percent at 77,094.07, and the Nifty was up 89.80 points or 0.37 percent at 24,102.90.
Cipla, Dr Reddy's Laboratories, Tech Mahindra, Reliance Industries and Sun Pharma were the top gainers on the Nifty, while losers included Asian Paints, Titan Company, Nestle India, Trent and Power Grid.On the sectoral front, all indices closed in the green except FMCG and consumer durables. Media, IT, metal, pharma, auto and energy indices advanced 0.5-1 percent, reflecting broad-based participation in the rally.The broader market also remained firm, with the Nifty Midcap index rising 0.3 percent and the Nifty Smallcap index gaining 0.6 percent.
Rupee Close:
On 22 Jun'26,the Indian rupee depreciated 34 paise to close at 94.67  against the US dollar on Monday, weighed down by the strength of the American currency in the overseas market.Forex traders said the rupee witnessed volatility as steady debt and deposit inflows pulled the domestic currency in one way, while the lack of clarity on the Middle East peace deal and a firm dollar pulled it the other way.
Trading Guide:
Market experts recommended five shares to buy on Monday : Aurobindo Pharma, Supreme Petrochem, Vijaya Diagnostic Centre, CARE Ratings, and Valor Estate.

(Business Correspondent)