Share Market Today 16 October 2026: Nifty, Sensex Rise

Share Market Prime Assure News Desk 14 Views Published: 16 Oct 2026 Updated: 22 Oct 2026

Share Market Today 16 October 2026: Nifty, Sensex Rise

New Delhi, October 16, 2026: Indian stock markets ended higher on Friday as buying in information technology (IT), media and metal stocks supported the benchmark indices. The Nifty 50 closed at 23,146.15, gaining 148.80 points or 0.65%, while the BSE Sensex advanced 413.66 points or 0.56% to finish at 74,729.27. The Bank Nifty ended at 55,844.00, up 33.50 points or 0.06%.

Nifty, Sensex and Bank Nifty Closing Details

The market extended its recovery for a second consecutive session. The Nifty 50 opened at 23,065.10 and moved between an intraday low of 22,913.80 and a high of 23,149.85 before settling at 23,146.15.

The Sensex gained more than 413 points to close at 74,729.27. Meanwhile, the Bank Nifty recorded a modest rise and ended at 55,844.00.

Index	Closing Level	Point Change	Percentage Change
Nifty 50	23,146.15	+148.80	+0.65%
Sensex	74,729.27	+413.66	+0.56%
Bank Nifty	55,844.00	+33.50	+0.06%

Top 10 Gaining Stocks on 16 October 2026

Technology stocks led the gainers, with Tech Mahindra recording the strongest rise among the stocks listed below.

Stock	Previous Close	Closing Price	Change
Tech Mahindra (TECHM)	₹1,650.00	₹1,790.00	+8.48%
Wipro (WIPRO)	₹174.05	₹184.40	+5.95%
KPIT Technologies (KPITTECH)	₹526.00	₹555.00	+5.51%
Tata Consultancy Services (TCS)	₹2,350.00	₹2,465.00	+4.89%
Infosys (INFY)	₹1,110.00	₹1,161.20	+4.61%
Indian Hotels Company (INDHOTEL)	₹741.45	₹772.10	+4.13%
Tata Elxsi (TATAELXSI)	₹3,700.00	₹3,850.10	+4.06%
LTIMindtree (LTM)	₹4,235.00	₹4,390.00	+3.66%
CG Power (CGPOWER)	₹818.00	₹846.00	+3.42%
Waaree Energies (WAAREEENER)	₹2,494.00	₹2,565.40	+2.86%

Top 10 Losing Stocks on 16 October 2026

Despite the broader market gains, several stocks ended lower. Angel One and Yes Bank were among the weakest performers in the tracked list.

Stock	Previous Close	Closing Price	Change
Angel One (ANGELONE)	₹313.00	₹300.00	-4.15%
Yes Bank (YESBANK)	₹18.12	₹17.50	-3.42%
L&T Finance (LTF)	₹262.00	₹253.85	-3.11%
Mankind Pharma (MANKIND)	₹2,347.60	₹2,275.50	-3.07%
Power Finance Corporation (PFC)	₹342.30	₹333.25	-2.64%
Dixon Technologies (DIXON)	₹12,666.00	₹12,340.00	-2.57%
Siemens Energy India (ENRIN)	₹2,957.00	₹2,889.00	-2.30%
LIC Housing Finance (LICHSGFIN)	₹533.20	₹521.00	-2.29%
Voltas (VOLTAS)	₹1,052.00	₹1,029.10	-2.18%
Nippon India Mutual Fund (NAM-INDIA)	₹1,088.80	₹1,065.30	-2.16%

Why Did the Market Close Higher?

IT stocks were a key driver of the session's gains. Tech Mahindra, TCS and Infosys advanced, while the Nifty IT index rose around 3.9%, according to market reports. Investors continued to respond to quarterly earnings and improving sentiment around technology companies.

However, market participation remained mixed. The Nifty 50 had 26 advancing constituents and 24 declining constituents, while the broader tracked NSE futures-and-options cash-stock list also showed more decliners than gainers. This suggests that the recovery was not uniform across the market.

What Should Investors Watch Next?

Investors will track upcoming corporate earnings, banking-sector results, global market cues and crude oil prices for the next direction. A positive close does not guarantee further gains, and individual stocks can move differently from the benchmark indices.

Disclaimer: This article is for news and educational purposes only. It is not investment advice or a recommendation to buy or sell any stock. Please verify prices with official exchange data and consult a SEBI-registered financial adviser before making investment decisions.