Sensex Nifty Updates March 16: Markets Close Over 1% Higher; UltraTech Cement, Tata Motors Lead Broad-Based Rally

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Last Updated: 16th March 2026 - 04:33 pm

Indian markets ended higher, with the Sensex rising 1.26% to 75,502.85 and the Nifty 50 gaining 1.11% to 23,408.80, led by strong buying in UltraTech Cement, Tata Motors, and Grasim. Asian markets showed a mixed trend, while European indices traded cautiously mid-session. Meanwhile, U.S. markets closed lower in the previous session, with the NASDAQ falling the most, reflecting pressure on technology stocks and cautious global investor sentiment.

Stock Market Highlights, March 16

  • Domestic Indices Extend Gains: Indian benchmarks closed firmly higher, supported by broad-based buying. The Sensex rose 1.26% to 75,502.85, while the Nifty 50 gained 1.11% to 23,408.80. UltraTech Cement led the gainers with a 4.55% jump, followed by Tata Motors and Grasim posting solid gains.

  • Global Cues Mixed: Asian markets delivered a mixed performance as Hang Seng advanced 1.45%, while the Nikkei and Shanghai Composite slipped marginally. European markets traded cautiously at mid-session, with the FTSE 100 slightly higher, whereas the DAX, CAC 40, and STOXX 50 remained under mild pressure.

  • Wall Street Recap: In the previous trading session, U.S. markets ended lower amid tech-led selling pressure. The Dow Jones slipped 0.26%, while the NASDAQ dropped 0.93% and the S&P 500 declined 0.61%, reflecting cautious sentiment among investors ahead of fresh economic cues.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
UltraTechCement 4.55%
Tata Motors 3.58%
Eternal 2.95%
Grasim 3.34%
Trent 3.11%

Top Losers

Company Gain
Bharat Elec -2.25%
Max Healthcare -1.96%
Coal India -1.43%
ONGC -1.38%
Dr Reddys Labs -1.19%

Indian Market Cues

Index Value Change (%)
Gift Nifty 23,363.50 0.46%
Nifty 50 23,408.80 1.11%
Nifty Bank 54,413.40 1.22%
SENSEX 75,502.85 1.26%

India VIX

Volatility Index Value Change (%)
India VIX 21.6025 -4.62%

Asian Markets 

Index Value Change (%)
Nikkei 53,751 -0.13%
Hang Seng 25,834 1.45%
Shanghai Composite 4,684 -0.26%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,282 0.20%
DAX 23,434 -0.055%
CAC 40 7,885 -0.33%
STOXX 50 5,704 -0.23%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 46,558.47 -0.26%
NASDAQ 22,105.36 -0.93%
S&P 500 6,632.19 -0.61%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

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