New Delhi, June 16 -- Driven by easing geopolitical tensions and a landmark US-Iran peace deal, Indian equities rallied sharply on Monday, with the Sensex surging 736 points and the Nifty climbing 231 points to hit fresh intraday highs.

The broad-based rally, led by outperforming midcap and smallcap indices, was further supported by Brent crude slipping below $90 per barrel, which cooled inflation fears and strengthened the rupee by 47 paise.

Buy above Rs.343, stop Rs.325, target Rs.375 (multiday)

Buy above Rs.1150, stop Rs.1100, target Rs.1250 (Multiday)

Buy above Rs.233, stop Rs.222, target Rs.255 (Multiday)

Indian equities rallied sharply on 15 June as easing geopolitical tensions and a US-Iran peace deal boosted investor sentimen...