Indian equity benchmark -- Nifty ended higher on Monday as U.S. and Iranian officials had agreed on a roadmap aimed at reaching a final deal within 60 days. Index made a positive start and remained higher throughout the day, supported by gains in index heavy wight stocks like Reliance Industries and blue-chip companies. Further, a resume decline in crude oil prices and renewed foreign institutional buying in India equities lifted market sentiments. As per NSE data, foreign institutional investors bought equities worth Rs 4,859.07 crore on June 19, 2026. Besides, some encouragement came with Commerce and Industry Minister Piyush Goyal stating that India and the 27-member European Union (EU) are likely to sign a Free Trade Agreement (FTA) by December 2026, with implementation likely between February and March 2027. Finally, Nifty ended above 24,100 mark.
Most of the sectorial indices ended in green except Consumer Durables and FMCG stocks. The top gainers from the F&O segment were Mankind Pharma, Delhivery and Cipla. On the other hand, the top losers were Steel Authority of India, Varun Beverages and IndusInd Bank. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 23900 - 24100 puts indicating this is the trading range expectation.
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