Nifty, Sensex Inch Higher; Braader Market Stronger – Monday Market Report
Moneylife Digital Team 22 June 2026
On Monday, 2,634 stocks advanced, 1,757 declined and 206 remained unchanged on National Stock Exchange with advance decline ratio of 1.49 indicating a positive closing. The trend of the major indices on Monday’s trading is given in the table below.  
 
 
On NSE, 172 securities advanced and closed at a new 52-week high whereas 28 securities sank to close at their new 52-week lows. In sectoral indices, Nifty India Defence, Nifty Media and Nifty Pharma were among the biggest gainers. Nifty FMCG was the only loser. 
 
Titan Company (-1.07%) fully redeemed its ₹400 crore commercial papers issued on May 27, 2026, with maturity proceeds paid on June 22, 2026, in compliance with SEBI regulations. The company has disclosed this information on its official website.
 
Bajaj Auto (+1.24%) announced a ₹5,632.80 crore buyback of up to 46.94 lakh equity shares at ₹12,000 per share through a tender offer. The buyback represents 1.68% of equity capital, with 15% reserved for small shareholders, and may adjust share quantity and price within the overall size.
 
Apar Industries (-0.66%) Middle East Limited secured a significant contract in Saudi Arabia, marking a strategic expansion in the region. While financial details remain undisclosed, the contract is expected to strengthen Apar’s market position and contribute positively to future performance.
 
Hindustan Zinc (+1.71%) signed an MoU with Advantek Associates and Aero Eagle Automobiles to explore green hydrogen and clean energy solutions in mining. The collaboration focuses on feasibility studies for hydrogen technologies to support the company’s Net Zero by 2050 goal and sustainable mining operations.
 
Bharat Electronics (+1.08%) won additional orders worth ₹1,081 crore for products including communication equipment, radars, and avionics. These orders will enhance BEL’s robust defence portfolio and significantly bolster its order book, reaffirming its sector leadership.
 
Aurobindo Pharma (-0.39%) USA received FTC approval to acquire Lannett Company LLC for $250 million, expanding its complex generics portfolio and U.S. manufacturing capacity. The deal is expected to close by June-end, delivering immediate earnings accretion and long-term operational synergies.
 
Tata Motors (+0.56%) secured over 3,400 orders for electric commercial vehicles, including 2,000 small vehicles, 900 trucks, and 500 buses. This milestone highlights Tata’s leadership in India’s zero-emission commercial mobility transition, supported by a comprehensive ecosystem for fleet and charging solutions.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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