Market News
Ultratech Cement, Hindalco, Grasim Industries, JSW Steel, among top gainers on March 16 amid volatile market; NIFTY50 trades above 23,100
4 min read | Updated on March 16, 2026, 12:37 IST
SUMMARY
Stocks like Ultratech Cement, Hindalco, Grasim Industries, and JSW Steel were among others trading higher on NIFTY50 and BSE SENSEX, amid a highly volatile stock market session on March 16, 2026, over West Asia conflict tensions entering the third week and heightened oil prices above $100 per bbl. Here's what investors need to know about the gainers on Monday's market.
The NIFTY50 index was trading 0.16% or 37.80 pts higher at 23,166.30 points on Monday, March 16, 2026.
As of 12:27 a.m., the NIFTY50 index was trading 0.16% or 37.80 points higher at 23,166.30 points on Monday, compared to 23,151.10 points at the previous market session, according to the data collected from the NSE website.
The benchmark BSE SENSEX index was trading 0.18% higher at 74,704 points, compared to 74,563.92 points at the previous stock market close last week on Friday, according to the exchange data.
The recent attacks by the United States on Iran’s military establishments in the Kharg Island, along with the escalation of the US-Iran conflict, which entered its third week on Monday, weighed down the sentiment of stock market investors.
After an initial gain after the opening bell on Monday, the Indian stock market benchmark index NIFTY50 dropped to hit an intraday low level of 22,955.25 points before recovering its losses to rise back to 23,212 point levels during the mid-market hours on March 16.
Top gainers on NIFTY50 today
Ultratech Cement was trading 3.57% higher; Hindalco was up 3.4%; Grasim Industries was up 2.87%; JSW Steel was trading 2.24% higher; HDFC Bank was up 1.73%; IndiGo was up 1.39%; Bajaj Finance was up 1.18%; Maruti Suzuki was trading 1.14% higher; Tata Steel was up 1.14%, according to NSE data.
Among other gainers were stocks like Bajaj Finserv up 0.98%; Mahindra & Mahindra was up 0.99%; Adani Ports was up 0.79%; ITC was up 0.75%; Hindustan Unilever was trading 0.64% higher; Eicher Motors was up 0.56%; Adani Enterprises up 0.32%; Nestle India up 0.32%; Axis Bank up 0.30%; State Bank of India trading 0.26% higher, Bajaj Auto up 0.23%; Asian Paints up 0.12%; Kotak Mahindra Bank up 0.3%; and Larsen & Toubro at 0.02%.
A total of 23 stocks were trading in the green zone, while the remaining 27 stocks on the benchmark index remained in the red amid the highly volatile market session.
Bharat Electronics (BEL), Dr. Reddy's Laboratories, Wipro, Infosys, Max Health Insurance, NTPC, Sun Pharmaceuticals, and TCS were among the losers during the trading session on March 16.
Top gainers on SENSEX today
Companies part of the BSE SENSEX, like Ultratech Cement was up 3.94%; HDFC Bank was up 1.81%; IndiGo was up 1.12%; Bajaj Finance up 1.69%; Maruti Suzuki up 1.16%; Tata Steel up 1.15%; Bajaj Finserv was trading 0.93% higher; ITC was up 0.71%; Adani Ports and SEZ up 0.65%; Mahindra & Mahindra up 0.64%; State Bank of India up 0.51%; Axis Bank up 0.42%; Hindustan Unilever up 0.21%; Asian Paints up 0.13%; and Tech Mahindra was trading 0.10% higher during the intraday session.
A total of 15 stocks were trading in the green zone, while the remaining 15 stocks out of the total 30 constituents were lagging in the red on Monday, March 16, according to BSE data.
Sectoral Gainers
The NSE data showed that the NIFTY AUTO index was up 0.4% or more than 95 points at 24,290.35 points on Monday, followed by the NIFTY FIN SERVICES, which was up 0.4% or 86 points to 25,225.60 points.
NIFTY FMCG was up 142 points or 0.3% at 48,066.15 points, followed by NIFTY METAL, trading 0.3% or 32 points higher at 11,324.50 points, according to the exchange data.
About The Author
Next Story
