Equities rebound as market shrugs off Mideast tensions

The domestic share market ended on a strong note on Monday, rebounding after two consecutive sessions of losses, even as global sentiment remained cautious amid persistent geopolitical tensions between Israel and Iran.At close, the Sensex was up 677.55 points or 0.84 percent at 81,796.15, and the Nifty was up 227.90 points or 0.92 percent at 24,946.50. About 1898 shares advanced, 2026 shares declined, and 163 shares unchanged.
SBI Life Insurance, UltraTech Cement, Bharat Electronics, HDFC Life, Tech Mahindra were the top gainers on the Nifty, while losers included Tata Motors, Dr Reddy's Laboratories, Adani Ports and Sun Pharma.On the sectoral front,all the sectoral indices ended in the green with IT, metal, realty, oil & gas up 1 percent each.The BSE midcap index added 0.9 percent and smallcap index rose 0.4 percent.
Rupee Close:
On 16 June'25,the Indian rupee ended marginally higher at 86.06 per US dollar on Monday, supported by lower oil prices and a softer dollar, though upside was capped by renewed foreign outflows, trade uncertainty and rising geopolitical risks.
Trading Guide:
Market experts recommended five shares to buy -Jubilant Ingrevia, Shipping Corporation of India, Nazara Tech, 360 ONE WAM, and Sandhar Technologies.

(Business Correspondent)