Sensex today | Stock Market Live: Sensex, Nifty open higher as lower crude prices boost market sentiment

Stock market crash and escape. Stocks market index to change direction. Investment growth. Businessman pulls up the red arrow graph. | Photo Credit: Yellow Man

Sensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 16th June 2026.

Indian stock markets opened higher on Tuesday, extending a two-session rally as optimism over a preliminary US-Iran peace agreement pushed crude oil prices lower and improved investor sentiment.

The benchmark indices started the session in positive territory, with the Sensex rising 296 points to 76,560.37, while the Nifty advanced 75 points to 23,929.55.

The fall in oil prices is positive for India, one of the world’s largest crude importers, as it could ease inflation pressures, support the rupee and improve the trade deficit.

The Nifty 50 has recovered after facing pressure from elevated oil prices and foreign outflows since the Iran conflict began. Recent RBI measures and renewed foreign investor buying have also improved market sentiment.

Analysts said easing geopolitical risks and moderation in selling pressure could support the ongoing market recovery.

Sensex gained 253.56 pts or 0.33% to trade at 76,517.89 at 9.16 am after opening at 76,526.77 from the previous close of 76,264.33.

TCS on DXC Tech litigation: United States Supreme Court has denied petition for a writ of certiorari to review the judgment of the United States Court of Appeals for the Fifth Circuit on June 15, 2026. The Company has already provided USD150 million in relation to this matter in the books of accounts in accordance with applicable accounting standards and will make necessary provision now for the incremental amount of USD70 million towards damages, interest and legal cost, as a one-time exceptional expense, in Q1 FY2027.

While investor attention remains focused on the Nifty 50 and Nifty 500, the Nifty500 Multicap 50:25:25 TRI has quietly emerged as a standout performer, delivering superior returns with lower drawdowns. This analysis highlights how this underappreciated benchmark has outperformed major indices during recent market volatility and shows how the category has attracted steady inflows through funds such as the Bajaj Finserv Multicap Fund, despite being overshadowed by trendier equity categories.

Arvind SmartSpaces adds new horizontal development project in Metal, South Ahmedabad with a top-line potential of ~Rs. 180 crore.

Mini Diamonds (India) has secured a significant domestic order of Rs 16.25 Crore from a Mumbai based client for supply of cut and polished natural diamonds.