With the session wrapping up on Dalal Street, Nifty 50 closed strong at 24,103 — gaining 90 points — while Bitcoin trades around ₹60.56 lakh as easing Middle East tensions, positive Wall Street cues, and broad-based institutional buying powered one of the better Monday sessions in recent weeks. Here’s your 2 PM markets update.
📈 Afternoon Session: Market Snapshot
Indian equity benchmarks staged a decisive recovery on Monday, June 22, as the Nifty 50 settled at 24,102.90, up 89.80 points (+0.37%), reclaiming the psychologically important 24,100 mark. The S&P BSE Sensex gained 291 points (+0.38%) to close at 77,094.07. The market opened strongly — Sensex surged over 400 points at the bell on news of the first US-Iran peace negotiations in Switzerland — before consolidating gains through the afternoon. Sectoral winners included Pharma, IT, Media, Energy, and Reliance Industries, while FMCG and Consumer Durables faced selling pressure. Top morning gainers: Kirloskar Oil Engines (+20%), NOCIL (+19.63%), and NIIT (+11.24%). FII data (June 20, latest available): Net buyers of ₹4,859 Cr in cash; DIIs were net sellers of ₹1,160 Cr. Over 200 stocks hit fresh 52-week highs, signalling broad market health beneath the headline indices.
₿ Crypto at 2 PM — Live Prices
Bitcoin is trading at approximately $64,080 (₹60.56 lakh), up 1.18% over the past 24 hours, as easing geopolitical risk and a softer US dollar lifted sentiment across digital assets. Ethereum currently sits at $1,723.74 (₹1,66,626), slipping 0.62% over 24 hours as investors rotate into BTC. Notable development: OSL Group has secured an Australian Financial Services Licence, strengthening regulated stablecoin and payments infrastructure in a key Asia-Pacific market — a positive signal for institutional crypto adoption globally. Bitcoin holds key support at $62,873 and faces resistance at $64,961.
💰 Live Rates — 2 PM IST
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 24,102.90 | +0.37% |
| Sensex | 77,094.07 | +0.38% |
| Bitcoin (BTC) | ₹60.56L / $64,080 | +1.18% (24hr) |
| Ethereum (ETH) | ₹1,66,626 / $1,723.74 | -0.62% (24hr) |
| Gold (10g, 24K) | ₹1,46,220 | ~Flat |
| Silver (1kg) | ₹2,49,900 | ~Flat |
| USD/INR | ₹94.51 | +0.20% |
| Crude Oil (Brent) | $79.16/bbl | ↓ Declining |
📰 Top 5 Financial News Stories of the Day
- Jio Platforms Files for IPO with SEBI — Reliance Industries’ digital arm Jio Platforms has filed its draft red herring prospectus (DRHP) with SEBI, marking one of the most anticipated listings in recent years. The filing sent Reliance shares soaring and lifted overall market sentiment, with Jio expected to rank among India’s largest-ever IPOs. Investors are watching allocation details and pricing closely as the SEBI review process begins.
- Bharat Forge Bags ₹425 Crore Defence Contract — The Ministry of Defence awarded Bharat Forge a ₹425 crore contract to supply Gas Turbine Generators (GTGs) for the Indian Navy. The stock hit a fresh all-time high on the news, continuing its strong run as India’s defence indigenisation push accelerates under the Make-in-India mandate. The order adds multi-year revenue visibility to Bharat Forge’s defence pipeline.
- Tata Motors Secures 3,400+ Electric Commercial Vehicle Orders — Tata Motors announced orders for over 3,400 electric commercial vehicles, reinforcing its dominant position in India’s fast-growing EV fleet segment. The development signals strong enterprise adoption and bodes well for Tata’s EV revenue in FY27. Shares responded positively as the company cements its first-mover advantage in electric buses and trucks.
- US-Iran Peace Talks Begin in Switzerland — The United States and Iran commenced the first round of formal negotiations in Zurich, sending crude oil prices lower and lifting global equity markets including India. Easing geopolitical tension in West Asia reduces the oil risk premium — a significant positive for India as one of the world’s largest crude importers — and could help ease inflationary pressures if talks progress. Outcomes of the next round will be closely watched.
- Crude Oil Softens as Middle East Tension Eases — Brent crude traded near $79.16/barrel on Monday, continuing a softer trend as an Israel-Hezbollah ceasefire and US-Iran talks dialled down supply-disruption fears. Lower crude is a double win for India — it trims the import bill and gives the RBI more room to manoeuvre on interest rates. India’s upstream energy stocks faced mixed reactions, as refiners benefit while exploration companies face revenue headwinds.
🌐 Global Markets & Tomorrow’s Outlook
Wall Street opened firmly positive on Monday, buoyed by Iran-US diplomatic progress and softer energy prices — a firm tailwind for Indian markets. US futures were broadly green, with a calendar week ahead that includes key Fed speaker appearances and US housing data. European markets tracked Asia higher. For Indian investors, Tuesday’s session should open with a moderate positive bias barring any overnight developments. Key watchpoints: updates on US-Iran talks, any RBI commentary or banking data releases, crude oil direction, and FII flow data for today’s session once released post-close. Nifty faces its next resistance zone around 24,300 with strong support at 23,950.
Data sourced from live market feeds, NSE/BSE, and financial news aggregators. Last updated: 2:00 PM IST, 22 June 2026. This article is for informational purposes only and does not constitute investment advice.
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