Stock Market Update 16 April 2026: Sensex, Nifty Extend Gains, Build On Yesterday’s Momentum

Backed by firm global cues and positive Gift Nifty trends, most Indian stock market indices opened in the green on Thursday, 16 April 2026.

At around 9:15 AM, the Sensex was trading higher by around 450 points (0.6%) at 78,557.98. The Nifty 50 also traded higher by 0.55% at 23,368.95.

The indices seem to continue the momentum from the previous trading session. Notably, both Sensex and Nifty surged by more than 1.6% on Wednesday (15 April 2026) amid renewed hopes of US-Iran peace talks.

How Other Indices Are Performing?

Apart from the Sensex and the Nifty 50, most other indices were also in the green after market opening on Thursday.

At around 9:18 AM, Bank Nifty was up by around 0.76% to trade at 56,728.35. The Fin Nifty was also up by around 0.85% to trade at 26,673.90.

The only index in the red was Nifty Pharma, down by 0.22% to trade at 22,387.50.

Top Gainers And Losers

The overall positivity in the market impacted the stocks as well. Approximately 2,530 shares rose, 487 shares declined, and 108 shares remained unchanged during early trading. Information technology (IT), metal, and realty stocks led the way, with most of them rising by around 1%.

At around 9:30 AM, the top gainers were Hindalco, Tech Mahindra, Vedanta, Infosys, and Zomato. The top losers were Sun Pharma, Torrent Pharma, Apollo Hospitals, and ONGC.

What About The Global Markets?

Most global markets gave positive cues after surging sharply during Wednesday's or early Thursday’s trading.

• S&P 500 futures rose 0.2% as of 11:57 AM Tokyo time.

• Japan’s Topix rose 1.3%.

• Australia’s S&P/ASX 200 fell 0.2%.

• Hong Kong’s Hang Seng rose 1.2%.

• The Shanghai Composite rose 0.4%.

• The Euro Stoxx 50 futures rose 0.3%.

Developments Shaping The Markets

• Positive Global Cues: Most global markets witnessed positive investor sentiment on Wednesday. The US markets ended in the green. At around 9 AM IST, Gift Nifty was up by around 63 points.

• Renewed Peace Talks: The US President, Mr Donald Trump, said peace talks with Iran could resume in Pakistan within two to three days. A delegation from Islamabad also reached Tehran for the negotiations.

• Cooling of Crude Prices: Crude oil prices continue to cool off amid the speculations of peace talks. Brent crude futures were trading around $94-95 per barrel after falling in early trade on Thursday.

Also Read - Stocks To Watch On 16 April 2026: ICICI Lombard, HDB Financial, Aurobindo Pharma Ltd & More

Investor Takeaway

The markets seem to continue the momentum built on Wednesday. However, the sustainability of further recovery will hinge on clarity around the US–Iran situation, trends in energy prices, and improvement in liquidity conditions. Investors are advised to remain disciplined and selective.

Sources:

The Economic Times

Moneycontrol