Indian Market Surges: Sensex Gains 938 Points, Nifty Tops 23,400 Mark

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Sensex Soars 938 Points, Nifty Tops 23,400 Amid Sharp Market Rebound

Sensex Today

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News18•16-03-2026, 15:57

Sensex Soars 938 Points, Nifty Tops 23,400 Amid Sharp Market Rebound

•Benchmark indices Sensex and Nifty closed significantly higher, with Sensex gaining 938.93 points (1.26%) and Nifty 50 rising 1.11% to 23,408.80.
•The rally was led by banking and financial stocks, with Nifty Bank up 1.22% and Nifty Financial Services climbing 1.50%.
•Nifty Auto and FMCG were top sectoral gainers, while Pharma, Realty, and Oil & Gas declined.
•Broader markets (Midcap, Smallcap, Microcap) remained weak, indicating selective buying focused on large-cap financials.
•Global cues were mixed, with Asia-Pacific and Wall Street lower due to elevated oil prices and geopolitical concerns around the Strait of Hormuz.

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