Stock market today, June 16 -- The Indian stock market ended sharply higher on Monday, buoyed by a significant easing of geopolitical concerns after the announcement of a peace agreement between the US and Iran.

Benchmark indices posted strong gains, with the Sensex rising 736.38 points, or 0.97%, to close at 76,264.33, while the Nifty 50 advanced 231 points, or 0.98%, to settle at 23,853.90.

However, the market is likely to open on a cautious note as trends in the Gift Nifty index signalled a flat opening on Tuesday, 16 June. Gift Nifty was trading near the 23,932 mark, up over 15 points from the previous close of Nifty futures.

"Indian markets are expected to trade with a positive bias as investors respond to a significant easing of ...