Auto, energy stocks lead Indian shares higher

NTPC Green Energy

16/09/2025 07:29

** Nifty 50 .NSEI, Sensex .BSESN rise ~0.4% each, led by autos .NIFTYAUTO, energy stocks .NIFTYENR and signs of progress in U.S. trade talks

** Of 16 major sectors, 14 advance; small-caps .NIFSMCP100 rises 0.8%, mid-caps .NIFMDCP100 up 0.4%

** NIFTYAUTO gains 1%; Nomura highlights early signs of demand revival in sector, supported by recent GST cuts

** NIFTYENR rises 1%, underpinned by hopes of steady earnings outlook on government support, robust fuel demand

** India and U.S. to hold trade talks on the day, raising hopes of breakthrough weeks after Washington's punitive tariffs on India over Russian oil

** Resumption of trade talks, bets for Fed rate cut aiding market sentiment, two analysts say

** NTPC Green NTPG.NS gains 2.5% as JV with Ircon International IRCN.NS nears full capacity

** United Breweries UBBW.NS rises 2% after J.P.Morgan sees volume recovery, margin expansion in H2 FY26

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))