Indian stock markets advanced on 16 September, lifted by strong performances in the auto and energy sectors, which together provided the bulk of index momentum.
The Nifty 50 climbed nearly 0.4% while the Sensex rose more than 300 points, showing renewed optimism among domestic and foreign investors.
Auto stocks like Mahindra & Mahindra, TVS Motors, Ashok Leyland, and Hyundai India gained sharply on demand expectations and festive sales outlook.
Energy counters extended a five-day winning streak, supported by government reforms and resilient domestic fuel demand growth.
NTPC Green Energy surged more than 3%, after the company announced commissioning of a new renewable energy project.
Market optimism was also driven by global cues, particularly hopes of easing trade tensions and improved geopolitical stability.
Investors are factoring in the possibility of U.S. Federal Reserve rate cuts, which could boost liquidity flows into emerging markets like India.
Analysts highlighted that auto sector valuations remain attractive, particularly for companies with strong rural exposure.
Energy names are expected to stay strong in the medium term, backed by India’s infrastructure push and rising consumption.
The session marked a positive start to the week, reinforcing investor confidence in cyclical and reform-oriented sectors.