{"id":15264,"date":"2026-06-22T10:00:41","date_gmt":"2026-06-22T10:00:41","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/finance\/sensex-nifty-close-it-led-rally-2026-06-22\/"},"modified":"2026-06-22T10:02:15","modified_gmt":"2026-06-22T10:02:15","slug":"sensex-nifty-close-it-led-rally-2026-06-22","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/sensex-nifty-close-it-led-rally-2026-06-22\/","title":{"rendered":"Stock Market Highlights Today: Nifty holds above 24,100, is the uptrend back on track? – 22nd June 2026"},"content":{"rendered":"
\"Sensex<\/figure>\n\n\n

Indian equities recovered on Monday, with the Sensex<\/strong> climbing about 450 points<\/strong> to reclaim 77,200 and the Nifty 50<\/strong> moving back above 24,150<\/strong>, as gains in IT and oil & gas stocks offset lingering concerns around US Iran tensions and crude volatility.<\/p>\n\n\n\n

Market Overview<\/h2>\n\n\n\n
Index<\/strong><\/th>**22 Jun Close (approx.)<\/th>Move & % Change<\/th>Comments<\/th><\/tr><\/thead>
Sensex<\/strong><\/td>77,250<\/strong><\/td>approx. +450 pts (+0.6%)<\/td>Rebounded after Friday fall, lifted by IT and energy shares.<\/td><\/tr>
Nifty 50<\/strong><\/td>24,152<\/strong><\/td>approx. +139 pts (+0.6%)<\/td>Regained 24,100 level after snapping five day winning streak on Friday.<\/td><\/tr>
Nifty Midcap 100<\/strong><\/td>approx. prior close +0.4%<\/td>up 0.4%<\/td>Continued momentum in broader market, mid caps outperforming.<\/td><\/tr>
Nifty Smallcap 100<\/strong><\/td>approx. prior close +0.4%<\/td>up 0.4%<\/td>Buying interest persists in small caps on earnings optimism.<\/td><\/tr>
India VIX<\/strong><\/td>12.97<\/strong><\/td>+2%<\/td>Volatility edged higher despite index gains.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

    \n
  • Sensex<\/strong> crossed 77,200<\/strong>, after opening over 300 points higher.<\/li>\n\n\n\n
  • Nifty 50<\/strong> traded in a tight positive range after a gap up start.<\/li>\n\n\n\n
  • Friday had seen Sensex<\/strong> fall 607.08 points<\/strong> to 76,802.90<\/strong> and Nifty 50<\/strong> to 24,013.10<\/strong>.<\/li>\n\n\n\n
  • Advance decline on NSE: about 1,916 stocks advanced<\/strong>, 583 declined<\/strong>, 143 unchanged<\/strong>.<\/li>\n\n\n\n
  • Market tone: risk on, but with selective participation in financials and defensives.<\/li>\n<\/ul>\n\n\n\n

    Key Movers<\/h2>\n\n\n\n
    Top Gainers (illustrative)<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
    HCL Tech<\/strong><\/td>IT<\/td>Rebounded nearly 1% after prior session IT selloff.<\/td><\/tr>
    Infosys<\/strong><\/td>IT<\/td>Rose about 1% as tech stocks recovered from Friday cuts.<\/td><\/tr>
    Tech Mahindra<\/strong><\/td>IT<\/td>Gained nearly 1% tracking sector wide buying.<\/td><\/tr>
    Cipla<\/strong><\/td>Pharma<\/td>Rose up to 4% after global brokerage put on Positive Catalyst Watch.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    Top Losers (illustrative)<\/strong><\/th>Sector<\/strong><\/th>Notable Factor<\/strong><\/th><\/tr><\/thead>
    Power Grid<\/strong><\/td>Power<\/td>Fell around 0.6%, among few laggards on Sensex.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
      \n
    • IT stocks reversed part of Friday’s sharp losses triggered by Accenture guidance cut.<\/li>\n\n\n\n
    • Cipla<\/strong> hit an intraday high of \u20b91,409<\/strong> on BSE after a foreign brokerage reiterated Buy<\/strong> with \u20b91,700<\/strong> target.<\/li>\n\n\n\n
    • Brokerage cited US product approvals, respiratory portfolio strength, and potential USFDA clearance at Indore as triggers.<\/li>\n\n\n\n
    • Oil & gas names participated in the rally as Brent slipped back below 80 dollars<\/strong> a barrel.<\/li>\n<\/ul>\n\n\n\n

      Sectoral Action<\/h2>\n\n\n\n
      Sector \/ Index<\/strong><\/th>**Direction (approx.)<\/th>Key Drivers<\/th><\/tr><\/thead>
      Nifty IT<\/strong><\/td>up over 1%<\/td>Bargain buying after previous session selloff on global IT concerns.<\/td><\/tr>
      Oil & Gas<\/strong><\/td>up<\/td>Benefited from easing crude prices after progress in US Iran talks.<\/td><\/tr>
      Financials<\/strong><\/td>mixed<\/td>Selective participation, banks structurally strong but stock specific moves.<\/td><\/tr>
      Defensives (FMCG, pharma)<\/strong><\/td>muted to up<\/td>Limited participation, Cipla an exception on stock specific news.<\/td><\/tr>
      Realty & industrials<\/strong><\/td>largely stable<\/td>Moves driven by stock specific and sector specific flows.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
        \n
      • All NSE sectoral indices traded in the green in early trade, per exchange data.<\/li>\n\n\n\n
      • Market breadth and sectoral spread indicated a measured risk appetite rather than broad exuberance.<\/li>\n<\/ul>\n\n\n\n

        Technical Outlook<\/h2>\n\n\n\n
        Index \/ Statistic<\/strong><\/th>Value \/ Range<\/strong><\/th>Context<\/strong><\/th><\/tr><\/thead>
        Nifty 50 support<\/strong><\/td>23,800 23,900<\/strong><\/td>Seen as immediate support zone by multiple analysts.<\/td><\/tr>
        Nifty 50 resistance<\/strong><\/td>24,150 24,200<\/strong><\/td>Prior gap area and swing high, key hurdle on upside.<\/td><\/tr>
        Broader Nifty range<\/strong><\/td>23,500 24,500<\/td>Options positioning suggests wider trading band.<\/td><\/tr>
        Sensex support<\/strong><\/td>76,200 76,500<\/td>Short term floors flagged by technical analysts.<\/td><\/tr>
        Sensex resistance<\/strong><\/td>77,300 77,900<\/td>Overhead supply zone for bulls.<\/td><\/tr>
        Bank Nifty support<\/strong><\/td>57,000 57,100<\/td>Key downside zone, index above major averages.<\/td><\/tr>
        Bank Nifty resistance<\/strong><\/td>58,000 58,200<\/td>Break above could open 59,000 59,600.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
          \n
        • Nifty formed a small green candle<\/strong> on Friday, with a weekly Doji like pattern<\/strong>, signalling near term indecision.<\/li>\n\n\n\n
        • Analysts expect Nifty to bounce from declines<\/strong> and potentially clear 24,150 24,200<\/strong> in the short term.<\/li>\n\n\n\n
        • Nifty is trading above its 21 day and 55 day EMAs<\/strong>, reinforcing a buy on dips stance among traders.<\/li>\n\n\n\n
        • Options data shows heavy Call open interest at 24,000 and 24,200<\/strong>, and Put interest at 23,900 and 23,500<\/strong>.<\/li>\n\n\n\n
        • One strategist highlighted a hammer candle<\/strong> on Friday, pointing to bulls regaining control after the gap down.<\/li>\n\n\n\n
        • For Bank Nifty, RSI remains in bullish territory, while MACD stays above the zero and signal lines.<\/li>\n\n\n\n
        • Technical desks broadly maintain a positive short term outlook, with caution below key support zones.<\/li>\n<\/ul>\n\n\n\n
            \n
          • “We remain optimistic about an upmove, given a hammer candle formation on Friday pointing to bulls gaining upper hand. We will start the week with hopes of 24,300 24,600, but also with eyes on 23,800 as the downside marker.” \u2014 Anand James, Chief Market Strategist, Geojit Investment.<\/li>\n<\/ul>\n\n\n\n

            Global Cues and Macro Signals<\/h2>\n\n\n\n
            Market \/ Asset<\/strong><\/th>Movement<\/strong><\/th>Notes<\/strong><\/th><\/tr><\/thead>
            GIFT Nifty<\/strong><\/td>around 24,150, up vs prior close<\/td>Indicated gap up open for Nifty 50.<\/td><\/tr>
            Brent crude (early)<\/strong><\/td>up to 81.24 dollars (+0.8%)<\/td>Rose on worries over Strait of Hormuz shipping.<\/td><\/tr>
            Brent crude (later)<\/strong><\/td>79.96 dollars<\/strong>, down 0.6%<\/td>Fell after US Iran talks in Switzerland yielded export waivers.<\/td><\/tr>
            US equity futures<\/strong><\/td>S&P 500 down around 0.5%<\/td>Reacted to rate hike risks and US Iran headlines.<\/td><\/tr>
            Asian equities<\/strong><\/td>mostly higher<\/td>Japan, Korea up on easing geopolitical worries.<\/td><\/tr>
            Dollar index (DXY)<\/strong><\/td>around 100.76<\/td>Firm as markets reassessed Fed path.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

            Note: figures are approximate; final market data not available at time of publication.<\/p>\n\n\n\n

              \n
            • Over the weekend, US and Iran negotiators reported progress in Switzerland<\/strong>, targeting a final deal within 60 days<\/strong>.<\/li>\n\n\n\n
            • Initial reports of shipping disruptions and threats to resume strikes had lifted crude earlier in the session.<\/li>\n\n\n\n
            • Later, Tehran said it had obtained waivers to continue exporting oil and petrochemicals, easing supply fears.<\/li>\n\n\n\n
            • Brent slipping below 80 dollars<\/strong> is seen as supportive for India, given its oil import dependence.<\/li>\n\n\n\n
            • Minutes of the RBI MPC showed all six members backing a status quo<\/strong> on policy rates amid uncertainty from the US Iran conflict.<\/li>\n<\/ul>\n\n\n\n
                \n
              • “Despite the confusing news coming from the West Asia talks, Brent crude is trading below 80 dollars. This market signal indicates that further flare up in the conflict is unlikely. However, the situation remains fluid and has to be watched closely. Meanwhile, rupee appreciation and tapering of FPI outflows continues, and this has the potential to impart resilience to the market.” \u2014 VK Vijayakumar, Chief Investment Strategist, Geojit Investments.<\/li>\n<\/ul>\n\n\n\n

                Key Market Statistics<\/h2>\n\n\n\n
                Statistic<\/strong><\/th>Value \/ Change<\/strong><\/th>Context<\/strong><\/th><\/tr><\/thead>
                Rupee vs dollar (index referenced)<\/strong><\/td>from 96.96 to 94.32<\/strong><\/td>Appreciation since 20 May, aided by softer crude and expected inflows.<\/td><\/tr>
                FPI flows (Friday)<\/strong><\/td>\u20b94,859 crore<\/strong> net buy<\/td>Attributed largely to FTSE index rejig, not trend setting.<\/td><\/tr>
                Nifty advance decline ratio<\/strong><\/td>38:12 (index constituents)<\/td>Indicates broad based buying on Monday.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                  \n
                • Analysts expect further capital inflows, including from FCNR(B) deposits<\/strong>, to support the rupee.<\/li>\n\n\n\n
                • Lower crude and firmer currency are seen as positives for inflation and the trade deficit.<\/li>\n\n\n\n
                • RBI is expected by some economists to maintain current policy rates, given easing energy related risks.<\/li>\n<\/ul>\n\n\n\n

                  Outlook<\/h2>\n\n\n\n
                    \n
                  • Market participants will track May infrastructure output<\/strong> and June PMI<\/strong> data for domestic growth cues.<\/li>\n\n\n\n
                  • Globally, investors watch US PCE inflation<\/strong>, flash PMIs, and central bank commentary from the Fed and ECB.<\/li>\n\n\n\n
                  • In India, momentum remains concentrated in mid and small caps<\/strong>, supported by perceived superior earnings growth.<\/li>\n\n\n\n
                  • Technical and macro signals together keep the buy on dips<\/strong> narrative intact, as long as Nifty holds above the 23,700 23,800<\/strong> band.<\/li>\n<\/ul>\n\n\n\n

                    Frequently Asked Questions<\/h2>\n\n\n\n

                    Why did Nifty move back above 24,100 today?<\/h3>\n\n\n\n

                    – Nifty reclaimed 24,100 on buying in IT and oil & gas stocks, support from softer Brent crude below 80 dollars, progress in US Iran talks, and continued strength in mid and small caps.\n<\/p>\n\n\n\n

                    What are the key support and resistance levels for Nifty now?<\/h3>\n\n\n\n

                    – Analysts cite support around 23,700 23,800 and 23,900, with resistance near 24,150 24,200. Options data suggests a broader 23,500 24,500 trading range.\n<\/p>\n\n\n\n

                    How are global factors affecting Indian markets this week?<\/h3>\n\n\n\n

                    – Progress in US Iran peace talks, Brent crude slipping under 80 dollars, a firm dollar index, and upcoming US PCE and PMI data are shaping risk sentiment and expectations for foreign flows into Indian equities.\n<\/p>\n","protected":false},"excerpt":{"rendered":"

                    Indian equities recovered on Monday, with the Sensex climbing about 450 points to reclaim 77,200 and the Nifty 50 moving back above 24,150, as gains in IT and oil & gas stocks offset lingering concerns around US Iran tensions and crude volatility. Market Overview Index **22 Jun Close (approx.) Move & % Change Comments Sensex […]<\/p>\n","protected":false},"author":15,"featured_media":15265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_ayudawp_aiss_exclude":false,"_ayudawp_aiss_summary":"Indian equities recovered on Monday, with the Sensex climbing about 450 points to reclaim 77,200 and the Nifty 50 moving back above 24,150, as gains in IT and oil & gas stocks offset lingering concerns around US Iran tensions and crude volatility. Why did Nifty move back above 24,100 today?. - Nifty reclaimed 24,100 on buying in IT and oil & gas stocks, support from softer Brent crude below 80 dollars, progress in US Iran talks, and continued strength in mid and small caps. What are the key support and resistance levels for Nifty now?. - Analysts cite support around 23,700 23,800 and 23,900, with resistance near 24,150 24,200.","_ayudawp_aiss_summary_provider":"extractive","_ayudawp_aiss_summary_hash":"80393fc7f2832d386ea23366877695fc3c6fb1f2","footnotes":""},"categories":[512],"tags":[],"class_list":["post-15264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"uagb_featured_image_src":{"full":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner.png",1200,640,false],"thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-150x150.png",150,150,true],"medium":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-300x160.png",300,160,true],"medium_large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-768x410.png",768,410,true],"large":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-1024x546.png",1024,546,true],"1536x1536":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner.png",1200,640,false],"2048x2048":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner.png",1200,640,false],"web-stories-poster-portrait":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-640x640.png",640,640,true],"web-stories-publisher-logo":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-96x96.png",96,96,true],"web-stories-thumbnail":["https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/06\/sensex-nifty-close-it-led-rally-2026-06-22-banner-150x80.png",150,80,true]},"uagb_author_info":{"display_name":"Team Lemonn","author_link":"https:\/\/lemonn.co.in\/blog\/author\/yudh\/"},"uagb_comment_info":0,"uagb_excerpt":"Indian equities recovered on Monday, with the Sensex climbing about 450 points to reclaim 77,200 and the Nifty 50 moving back above 24,150, as gains in IT and oil & gas stocks offset lingering concerns around US Iran tensions and crude volatility. Market Overview Index **22 Jun Close (approx.) Move & % Change Comments Sensex…","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/15264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=15264"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/15264\/revisions"}],"predecessor-version":[{"id":15266,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/15264\/revisions\/15266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/15265"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=15264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=15264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=15264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}