Stock Market Update 16 June 2026: Indices Trade A Bit Higher After Market Opening

Most Indian stock market indices were trading in the green during early trade on Tuesday, 16 June 2026. This marked the three consecutive sessions of gains in the market.

At around 9:17 AM, the Sensex was trading higher by about 260 points (0.34%) at 76,523.54. The Nifty 50 also traded higher by around 67 points (0.28%) at 23,920.85.

Notably, on Monday, the indices traded in the positive territory. At market close, the Sensex stood at 76,264.33, up 0.97%. The Nifty 50 stood at 23,853.90, up 0.98%.

How Other Indices Are Performing?

Not just the Sensex and Nifty 50, but most other indices were trading in the green during early trade on Tuesday.

At around 9:22 AM, Bank Nifty was up by around 0.09% to trade at 57,248.05. The Nifty Financial Services index was also up by around 0.36% to trade at 26,370.10.

Among the sectoral indices, Nifty Auto (up 0.25%), Nifty FMCG (up 0.70%), Nifty Pharma (up 0.16%), and Nifty PSU Bank (up 0.14%) were all in the green. Nifty Metal (down 1.35%) was the only index in the red.

Top Gainers And Losers

The top gainers during early trading on Tuesday included HCL Tech, Power Finance Corp, Bosch, Siemens, and Bajaj Finance.

The top losers mostly comprised metal stocks such as Hindalco, Vedanta, NALCO, and SAIL.

Factors Impacting The Markets

• The US-Iran Peace Deal: The US-Iran peace deal announced on Monday is among the major factors impacting the global markets. Although Israel has rejected the deal, the markets are doing well on optimism.

• Oil Prices Fall: Global oil prices have dropped significantly after the announcement of the peace deal. On Monday, Brent crude dropped to $82.40 per barrel, the lowest level in over three months.

• Rupee Opens Lower: The Indian national rupee (INR) also continued its recovery. On Tuesday, the currency opened at 94.63 per US dollar. The previous close was at 94.71.

• Global Markets: Global markets gave mixed to positive cues on Tuesday. At around 9:10 AM, Japan’s NIKKEI was down 0.12% after topping the 70,000 mark for the first time, Hong Kong’s HANG SENG was down 1.21%, South Korea’s KOSPI was up 2.24%, and France’s CAC was up 0.4%.

Also Read - Stocks To Watch On 16 June

Investor Takeaway

The US-Iran peace deal has brought fresh energy into the markets. The Indian stock market indices have risen around 3% in the last three trading sessions. If the geopolitical situation remains normal, the markets could witness further recovery in the upcoming days.

Sources:

The Economic Times

Moneycontrol