Market snap 5 day winning run,Sensex down 607 pts, Nifty at 24,013

The domestic share market tumbled on Friday, snapping a five-session winning streak, as heavy selling in information technology stocks weighed on investor sentiment.At close,the the Sensex was down 607.08 points, or 0.78 percent, at 76,802.90, while the Nifty fell 154.90 points, or 0.64 percent, to 24,013.10.
Bharti Airtel ,Eternal  Power Grid, NTPC, Adani Enterprises and Apollo Hospitals were the top gainers on the Nifty, while losers included Infosys, TCS, Tech Mahindra, HCL Technologies, HDFC Bank and Mahindra & Mahindra.On the sectoral front,The Nifty IT index continued to underperform, falling 3.81 percent, while BSE IT was down 3.75 percent. In contrast, Nifty Pharma rose 0.74 percent, Nifty Energy gained 0.27 percent and Nifty Media advanced 0.25 percent. Nifty Realty remained under pressure, down 1.09 percent, according to information.Broader markets outperformed frontline indices despite the weakness in large-cap technology stocks. The Nifty Midcap 100 rose 0.21 percent and the Nifty Smallcap 100 gained 0.41 percent, signalling buying interest beyond the benchmark stocks.
Rupee Close:
On 19 Jun'26,the Indian rupee rose 6 paise to close  at 94.34  against the US dollar on Friday, as a firming dollar index and rising crude oil prices weighed on investor sentiments.Forex traders said the rupee opened on a positive note, on optimism that trade negotiations between India and the US are set to gain momentum.
Trading Guide:
Market experts recommended five shares to buy on Friday, after US-Iran reach peace deal: Ingersoll-Rand (India), Anup Engineering, Acutaas Chemicals, Venus Pipes and Tubes, and Carysil.

(Business Correspondent)