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Kundan Motwani

16th Sep · SEBI Registration INH000019354

Indian Share Market Update — 16 September 2026

Indian markets opened stronger today after Tuesday’s sharp sell-off. The Sensex gained around 425 points to 74,429, while the Nifty 50 rose about 138 points to 23,257 in early trade. ITC, M&M, Adani Ports and BEL were among the early gainers. However, volatility remains high because Brent crude is above $108/barrel, US Treasury yields are elevated, and investors are awaiting the US Federal Reserve's policy decision. 📌 Stock in Focus: ITC Ltd.

ITC
ITC is one stock to watch today. It was among the leading Nifty gainers in early trading, rising about 1.78%. The stock is benefiting from the broader positive opening, although the overall market remains sensitive to global cues and crude-oil movements. Simple takeaway: Market has started with a recovery, but today's session could remain volatile. Traders should watch Nifty 23,300–23,350 on the upside and 23,000 as an important support zone.

#PsychologyofMoney#Today’sTradingSetup#FundamentalViews#TechnicalViews
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