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Midday Report- Sensex surges 350 points, Nifty above 23,930
16 Jun 2026, 1:04PM

The benchmark indices were trading higher on June 16, 2027, driven by easing geopolitical tensions (US–Iran peace optimism), lower crude oil prices, strong global cues. Buying in heavyweight stocks like Reliance and banking names also supported Indices. At 12.48 pm, Sensex rose by 0.32% or 353 points to 76,626. The Nifty gained 0.46% or 76 points to 23,930.

Global Update-

Asian markets trade mixed to positive, tracking global optimism and easing geopolitical tensions.

European markets are set for a flat to slightly lower open, as investors await clarity on the US–Iran deal and key central bank decisions this week.

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