Nifty ends below 22,350, Sensex calls 1,636 pts amid weak global cues

The domestic share market extended their decline for the second consecutive session on Monday amid broad-based selling, led by banking stocks after the Reserve Bank of India (RBI) tightened limits on banks' dollar positions.At close, the Sensex was down 1,635.67 points or 2.22 percent at 71,947.55, and the Nifty was down 488.20 points or 2.14 percent at 22,331.40. 
Hindalco Industries, Coal India, ONGC, and Power Grid Corporation of India were the top gainers on the Nifty, while losers included Bajaj Finance, Axis Bank, Shriram Finance, State Bank of India, and InterGlobe Aviation.On the sectoral front,All the sectors ended in the red with auto, FMCG, consumer durables, capital goods, telecom, realty, private bank, PSU bank down 2-4%.Broader markets also witnessed sharp declines, with the Nifty Midcap and Smallcap indices shedding around 2.6 percent each, according to information.
Rupee Close:
On 30 Mar'26,the Indian rupee breached the 95 per dollar-mark in intra-day trade on Monday and closed at 94.83  against the US dollar after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment.Forex traders said the USD/INR pair witnessed high volatility and swung 165 paise during intra-day trade as the West Asia crisis entered the 31st day keeping energy markets nervous.
Trading Guide:
Market experts recommended to buy five shares on Monday- National Aluminium Co, NLC India, Honasa Consumer, Ather Energy, and Aurobindo Pharma.

(Business Correspondent)