Henry has taken 10 wickets in New Zealand’s four matches at the Champions Trophy – two more than the next most successful bowler, Mohammed Shami, who has taken eight for India.
He was injured taking the catch to dismiss Heinrich Klaasen in the 29th over but after spending time off the field returned to bowl two further overs.
Pace bowler Jacob Duffy or fast-bowling all-rounder Nathan Smith would be the most likely replacements for Henry if he is not passed fit.
“It was pretty uncomfortable,” Stead said. “The positive thing for us is he got back out there to bowl.
“We are going to give him every chance to be playing in this match.”