Sensex up 1074 pts, Nifty reclaims 24k mark amid positive global cues

The Indian share market ended higher on Monday followed by sharp decline in crude oil prices amid optimism over a potential US-Iran deal.Positive global cues and appreciation in the Indian rupee further boosted investor sentiment.At close, the Sensex was up 1073.61 points or 1.42 percent at 76,488.96, and the Nifty was up 312.40 points or 1.32 percent at 24,031.70.
Eicher Motors, L&T, Bajaj Finance, Adani Enterprises, Tata Motors Passenger Vehicles were the top gainers on the Nifty, while losers included Max Healthcare, ONGC, Hindalco, Infosys, Bajaj Auto.On the sectoral front,all the sectoral indices ended in the green with oil & gas, auto, PSU bank, Private bank, realty up 1-2%.Broader markets also ended higher, with the Nifty Midcap index rising 0.9%, while the Nifty Smallcap index gained 1.3%.
Rupee Close:
On 25 May'26,the Indian rupee appreciated 35 paise to close at 95.25  against the US dollar on Monday, registering the third straight session of gain, on optimism that the US and Iran were moving close to a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz.Forex traders said the rupee registered its third straight session of gain after RBI Governor Sanjay Malhotra, in a media interaction, said that the central bank will do "whatever is required" to ensure orderly price discovery in the forex market.
Trading Guide:
Market experts recommended five shares to buy on Monday:GHCL, Siemens, Trent, Techno Electric, and MFSL.

(Business Correspondent)