On April 15, the Indian stock market saw significant gains, with the Nifty 50 and Sensex climbing to their highest levels since March 2026. The Nifty 50 increased by 1.63%, closing at 24,231.3, while the Sensex rose by 1.64% to 78,111.24. This positive trend was fueled by a drop in oil prices below $100 per barrel and renewed optimism regarding negotiations between the U.S. and Iran. Raja Venkatraman, co-founder of NeoTrader and stock research platform MarketSmith India, has recommended five stocks for investors to consider on April 16. These include BEML Ltd, which is expected to reach a target price of ₹1,915, and DCM Shriram Ltd, with a target of ₹1,225. Other recommendations are Balaji Amines Ltd, HDFC Asset Management Company Ltd, and CG Power and Industrial Solutions Ltd, each with promising growth potential based on recent market trends and technical analysis. Investors are advised to conduct thorough research and consult experts before making investment decisions.