Share Market Highlights 16 January 2024: Sensex gains 319 pts, Nifty settles above 23,300; Adani Group stocks rally

Sensex, Nifty updates on 16 January 2024: Indian equity indices ended higher for the third consecutive session on Thursday. The Sensex rose by 318.74 points (0.42%) to 77,042.82, and the Nifty gained 98.60 points (0.42%) to 23,311.80. HDFC Life, BEL, and SBI Life Insurance were top gainers, while Trent, Dr Reddy’s Labs, and HCL Tech declined. BSE Midcap and Smallcap indices rose 1% and 1.4%, respectively.