India’s Sensex jumps 544 points as Nifty rises 0.57% on June 16 amid falling crude and easing West Asia tensions

Indian stocks extended gains on June 16 for a second session, supported by easing geopolitical tensions in West Asia and a slide in crude oil prices. The Nifty50 climbed 0.57% to 23,989.15, while the Sensex rose 0.71%. Falling crude was cited as a key tailwind, as cooler geopolitical risk weighed on global oil markets and added downside pressure on oil-linked assets.