Nifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 16 June

Indian benchmark indices Sensex and Nifty 50 are expected to open flat on June 16, 2026, tracking mixed global cues amid investor caution over US-Iran peace deal details. Gift Nifty traded around 23,932, a premium of ~15 points. On Monday, Sensex surged 736.38 points (0.97%) to close at 76,264.33, while Nifty 50 gained 231 points (0.98%) to settle at 23,853.90 following the peace deal announcement. Technical analysts identify immediate support for Nifty 50 at 23,650 and resistance at 24,000-24,250, with a broader bullish structure intact.