The Indian stock market on Monday (March 16, 2026) opened on a rise, with benchmark indices Sensex jumping over 400 points and Nifty trading above 23,250 (as recorded at 9:43 am), despite the ongoing conflict between the US, Israel, and Iran. The market is likely being driven by domestic institutional investors' buying support, while foreign investors continue to sell. Crude oil prices remain a concern, with Brent crude hovering around $104.5 per barrel. Rupee falls 13 paise to 92.43 against the US dollar in early trade.