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Indian Markets Rebound: Sensex Gains 142 Points, Nifty Surpasses 23,190 Despite Iran Conflict Worries
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Sensex, Nifty Rebound Amid Iran Conflict Fears; Key Stocks Gain
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Firstpost
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16-03-2026, 10:15
Sensex, Nifty Rebound Amid Iran Conflict Fears; Key Stocks Gain
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Indian markets Sensex and Nifty recover in mid-morning trade, reversing early volatility.
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Sensex rises 142 pts to 74,706.43; Nifty tops 23,190, up 47.35 pts to 23,198.45.
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Recovery comes despite persistent US-Israel military strikes on Iran and fears of global energy disruption via Strait of Hormuz.
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Investor sentiment improved by reports of Washington forming a coalition for Strait of Hormuz and successful passage of India-flagged LPG carriers.
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UltraTech Cement, Bajaj Finance, Tata Steel, ITC, and banking stocks lead gains; IT stocks like Infosys and TCS under pressure.
Read Full Article on Firstpost in English
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