Mumbai, March 17 -- Domestic stock indices saw minor gains on Monday, buoyed by receding fears of a US government shutdown and anticipation of the US Federal Reserve's upcoming policy review. The Nifty closed just above 22,500, with pharma and healthcare sectors showing strong performance. After a higher opening driven by positive global market trends, indices experienced some profit-taking. The market's upward movement was supported by recovering global markets and favorable domestic economic data.

The S&P BSE Sensex advanced 341.04 points or 0.46% to 74,169.95. The Nifty 50 index added 111.55 points or 0.50% to 22,508.75.

Bajaj Finserv (up 3.59%), Bajaj Finance (up 1.91%) and ICICI Bank (up 1.45%) supported the indices.

In the broade...