{"id":2899,"date":"2026-06-22T23:38:12","date_gmt":"2026-06-22T18:08:12","guid":{"rendered":"https:\/\/newsaxis.com\/?p=2899"},"modified":"2026-06-22T23:38:13","modified_gmt":"2026-06-22T18:08:13","slug":"markets-end-higher-as-it-and-pharma-stocks-lift-sensex-nifty","status":"publish","type":"post","link":"https:\/\/newsaxis.com\/?p=2899","title":{"rendered":"Markets end higher as IT and pharma stocks lift Sensex, Nifty"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"400\" data-id=\"2901\" src=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/06\/sensex-1-6.jpg\" alt=\"\" class=\"wp-image-2901\" srcset=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/06\/sensex-1-6.jpg 273w, https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/06\/sensex-1-6-205x300.jpg 205w\" sizes=\"auto, (max-width: 273px) 100vw, 273px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Mumbai, Indian equity benchmarks closed in positive territory on Monday, supported by strong buying in information technology and pharmaceutical stocks, while easing crude oil prices further boosted investor sentiment.<\/p>\n\n\n\n<p>The Sensex gained 291.17 points, or 0.38 per cent, to settle at 77,094.07. The Nifty also ended higher, rising 90 points, or 0.37 per cent, to close at 24,102.90.<\/p>\n\n\n\n<p>Commenting on Nifty technical outlook, experts said that the 24,200 level continues to act as the immediate resistance zone.<\/p>\n\n\n\n<p>&#8220;A sustained breakout above this level would reinforce bullish momentum and could pave the way for a further advance towards the 24,400 region, which remains the next significant upside target,&#8221; an analyst said.<\/p>\n\n\n\n<p>&#8220;On the downside, the 24,000\u201323,900 region continues to serve as a crucial support zone,&#8221; as per the expert.<\/p>\n\n\n\n<p>Market participants remained encouraged by the continued decline in global oil prices, which helped improve sentiment across sectors. The gains were largely driven by IT and healthcare-related stocks, which witnessed sustained buying throughout the trading session.<\/p>\n\n\n\n<p>Among the top performers in the Nifty index were Cipla, Infosys, Tech Mahindra and Dr. Reddy\u2019s Laboratories. Strong gains in these stocks helped offset weakness in select consumer-oriented sectors.<\/p>\n\n\n\n<p>The broader market also ended on a firm note. The Nifty MidCap index advanced 0.34 per cent, while the Nifty SmallCap index climbed 0.6 per cent, indicating continued investor interest beyond frontline stocks.<\/p>\n\n\n\n<p>Sectoral indices presented a mixed picture. The Nifty IT, Nifty Pharma and Nifty Healthcare indices emerged as the biggest gainers, benefiting from sector-specific buying and positive sentiment. On the other hand, the Nifty FMCG and Nifty Consumer Durables indices ended lower, making them the worst-performing sectors of the day.<\/p>\n\n\n\n<p>Analysts said that softer crude prices and selective buying in defensive and technology stocks supported the market, while investors remained cautious ahead of key domestic and global economic developments.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, Indian equity benchmarks closed in positive territory on Monday, supported by strong buying in information technology and pharmaceutical stocks, while easing crude oil prices further boosted investor sentiment. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2901,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,20],"tags":[],"class_list":["post-2899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-display","has_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2899"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2899\/revisions"}],"predecessor-version":[{"id":2902,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2899\/revisions\/2902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/media\/2901"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}