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Nifty ends higher for third straight session on Tuesday

16 Jun 2026 Evaluate

Extending gaining streak for third consecutive session, Indian equity benchmark -- Nifty ended higher on Tuesday amid ease in geopolitical tensions. Index made a positive start following firm cues from other Asian markets amid optimism over the US-Iran peace deal. Besides, renewed foreign fund inflow and sharp drop in crude oil prices boosted domestic sentiments. As per NSE data, foreign institutional investors bought equities worth Rs 200.05 crore on Monday. In the second half of the session, the index extended its gains and remained firm until the end of trade. Sentiment remained upbeat with commerce ministry’s data showed that India’s merchandise exports rose by 18.01% to $45.20 billion in May 2026 as compared to $38.30 billion in May 2025, marking the highest export figure in six months. Finally, Nifty ended near 24,000 mark.

Traders were seen piling up positions in Realty, IT and Media stocks, while selling was witnessed in Metal, Auto and Pharma. The top gainers from the F&O segment were PG Electroplast, Coforge and Suzlon Energy. On the other hand, the top losers were National Aluminium Company, UNO Minda and Vishal Mega Mart. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 23900 - 24100 puts indicating this is the trading range expectation.