Equity benchmarks Sensex and Nifty ended lower on Tuesday (May 19, 2026) due to a fag-end sell-off in blue-chip stocks HDFC Bank and Reliance Industries, as concerns rose over the Rupee hitting a new record low.

Elevated global crude prices tracking geopolitical uncertainties also impacted market sentiment, but robust buying in IT stocks restricted the fall in indices, traders said.

After remaining in the positive territory for the most part of the session, the Bombay Stock Exchange (BSE) Sensex suddenly came under selling pressure towards the end, declining 114.19 points, or 0.15%, to settle at 75,200.85.

During the day, it surged 431.23 points, or 0.57%, to 75,746.27 after U.S. President Donald Trump said he had halted fresh strikes on Iran at the request of Qatar, Saudi Arabia and the UAE, asserting that serious discussions were under way with Tehran that could lead to an acceptable deal. The 50-share NSE Nifty dipped 31.95 points, or 0.14%, to end at 23,618.

“IT stocks stood as a notable exception, registering robust advances on the back of anticipated tailwinds from an accelerating rupee depreciation and compelling valuations,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

From the Sensex firms, Kotak Mahindra Bank, UltraTech Cement, Titan, Adani Ports, Bharti Airtel and Sun Pharma were among the biggest laggards. Infosys, HCL Tech, Tech Mahindra, Eternal and Tata Consultancy Services were among the major winners.

“Despite a powerful rally in IT stocks and supportive global cues during the first half, benchmark indices failed to sustain higher levels as rising currency concerns, elevated crude oil prices, and aggressive derivative unwinding dragged the market lower into the close,” K. Hariprasad, Research Analyst and Founder, Livelong Wealth, said.

The BSE SmallCap Select index jumped 1.39%, and the MidCap Select index went up by 0.93%.

Among sectoral indices, BSE Top 10 Banks declined 0.55%, Private Banks index (0.54%), Services (0.30%), Metal (90.26%) and Telecommunication (0.21%). Focused IT jumped 3.25%, IT (3.22%), Realty (1.35%), Utilities (0.67%) and Consumer Discretionary (0.60%).

Meanwhile, the rupee slipped to a record low of 96.60 against the US dollar before settling at 96.52 (provisional) on Tuesday (May 19, 2026). Brent crude, the global oil benchmark, traded 1.80% lower at $110 per barrel.

Foreign Institutional Investors (FIIs) bought equities worth ₹2,813.69 crore on Monday (May 18, 2026), according to exchange data.

The majority of Adani Group stocks ended higher after the U.S. Department of Justice permanently dropped all criminal charges against business tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a complete close after prosecutors concluded they could not sustain the allegations.

In Asian markets, South Korea’s benchmark Kospi and Japan’s Nikkei 225 index ended lower, while Shanghai’s Stock Exchange (SSE) Composite index and Hong Kong’s Hang Seng index settled higher. Markets in Europe were trading in positive territory.

“The biggest pressure point remained the continued collapse in the Indian rupee alongside persistently elevated crude oil prices,” he added.

U.S. markets ended on a mixed note on Monday (May 18, 2026). Mr. Trump had made the announcement on Truth Social on Monday (May 18, 2026) late afternoon.

“I have been asked by the Emir of Qatar, Tamim bin Hamad Al Thani, the Crown Prince of Saudi Arabia, Mohammed bin Salman Al Saud, and the President of the United Arab Emirates, Mohamed bin Zayed Al Nahyan, to hold off on our planned Military attack of the Islamic Republic of Iran, which was scheduled for tomorrow (Tuesday (May 19, 2026)),” Mr. Trump said.

“We were getting ready to do a very major attack tomorrow. I’ve put it off for a little while, hopefully, maybe forever, but possibly for a little while, because we’ve had very big discussions with Iran and we’ll see what they amount to,” Mr. Trump told reporters at the White House.

In the previous session on Monday (May 18, 2026), the BSE benchmark increased by 77.05 points, or 0.10%, to settle at 75,315.04. The Nifty edged higher by 6.45 points, or 0.03%, to end at 23,649.95.

Published – May 19, 2026 06:57 pm IST

Bombay Stock Exchange (BSE) building in Mumbai.
| Photo Credit: Reuters

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| Photo Credit: Reuters

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A view of the Bombay Stock Exchange in Mumbai.
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From the 30-share blue-chip pack, Infosys dropped nearly 6% despite raising its annual sales forecast for a third time this fiscal year. File
| Photo Credit: Reuters

Key benchmark indices Sensex and Nifty slipped into negative territory on Friday (January 17, 2025) after a three-day rally, dragged by selling pressure in Infosys, ICICI Bank and Axis Bank.

Unabated foreign fund outflows and elevated crude prices in international markets also played spoilsport for the bourses.

In a largely subdued session, the 30-share benchmark declined 423.49 points or 0.55% to settle at 76,619.33. During the day, it tumbled 779.53 points or 1% to 76,263.29.

Similarly, the NSE Nifty dropped 108.60 points or 0.47% to 23,203.20.

From the 30-share blue-chip pack, Infosys dropped nearly 6% despite raising its annual sales forecast for a third time this fiscal year.

Infosys Limited, India’s second-largest IT services firm, on Thursday (January 16, 2025) reported an 11.46% rise in the third quarter net profit on pick-up in demand, which also prompted the company to raise its annual sales forecast for a third time this fiscal year.

Axis Bank also declined by over 4% post-earnings announcement.

Kotak Mahindra Bank, Tata Consultancy Services, Mahindra & Mahindra, ICICI Bank, Tech Mahindra, Bajaj Finance, HDFC Bank and Bajaj Finserv were the other big laggards from the pack.

In contrast, Reliance Industries climbed 2.50% higher after the firm reported a 7.4% rise in December quarter net profit as retail business rebounded, telecom earnings surged on higher tariffs and mainstay oil and petrochemicals business delivered consistent performance.

Zomato emerged as the biggest gainer, followed by Reliance, Nestle, Asian Paints and Power Grid.

In Asian markets, Seoul and Tokyo settled lower, while Shanghai and Hong Kong ended in positive territory.

European markets were quoting with gains. U.S. markets ended lower on Thursday (January 16, 2025).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,341.95 crore on Thursday (January 16, 2025), according to exchange data.

Global oil benchmark Brent crude climbed 0.17% to $81.43 a barrel.

The 30-share BSE index climbed 318.74 points or 0.42% to revisit the 77,000 level at 77,042.82 on Thursday (January 16, 2025). On the similar lines, the Nifty rallied 98.60 points or 0.42% to 23,311.80.

Image used for representational purpose.
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty bounced back on Tuesday (January 14, 2025) after four days of sharp decline on easing retail inflation and a rebound in global markets.

The 30-share BSE benchmark Sensex rose 169.62 points or 0.22% to settle at 76,499.63. During the day, it surged 505.6 points or 0.66% to 76,835.61.

The NSE Nifty climbed 90.10 points or 0.39% to 23,176.05.

Persistent selling foreign investors and rising global crude prices put pressure on indices and restricted gains, traders said.

The BSE Sensex has plunged 1,869.1 points or 2.39% in the past four trading sessions.

From the 30-share blue-chip pack, Adani Ports jumped over 5%. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers.

From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.

HCL Technologies slumped over 8 per cent after its December quarter earnings failed to cheer investors.

IT company HCL Tech on Monday reported a 5.54% uptick in consolidated net profit to ₹4,591 crore in the December quarter as the CEO expressed optimism for improvement in the demand environment and discretionary spending and raised the revenue growth guidance.

Retail inflation declined to a four-month low of 5.22% in December, mainly on account of easing of prices in the food basket, including vegetables – according to government data released on Monday – giving headroom to the Reserve Bank to reduce the key interest rate in upcoming monetary policy reviews.

“A rebound in the global market and an ease in domestic CPI inflation provided respite to the broader indices. This may provide some leeway for RBI in its next policy meeting; however, rising oil prices and higher 10-year yields will be watched carefully.

“The IT sector weighed down amid concerns over weak earnings guidance for Q4. The domestic sentiment will be more inclined towards the ongoing earnings season and upcoming union budget, which has a mixed view,” Vinod Nair, Head of Research, Geojit Financial Services, said.

In Asian markets, Seoul, Shanghai and Hong Kong settled in the positive territory while Tokyo was lower.

Markets in Europe were trading in the green. U.S. markets ended on a mixed note on Monday.

All Adani group stocks were in heavy demand, with Adani Power surging nearly 20%.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,892.84 crore on Monday, according to exchange data.

Global oil benchmark Brent crude climbed 0.12% to $81.11 a barrel.

Wholesale price inflation rose to 2.37% in December 2024, due to spike in prices of non-food articles, manufactured items as well as fuel and power, even though food items saw marginal easing, government data released on Tuesday showed.

Falling for the fourth straight session on Monday, the 30-share BSE benchmark Sensex tanked 1,048.90 points or 1.36% to settle at 76,330.01. The Nifty dropped 345.55 points or 1.47% to close at 23,085.95.

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| Photo Credit: Reuters

India’s record-breaking capital-raising spree will continue in 2025 given the strong pipeline of firms looking to go public, the head of the country’s oldest exchange told Reuters.

“There are 90-plus companies that have already filed their draft prospectus with the regulator, looking to raise an estimated 1 trillion rupees ($11.65 billion) at some point this year,” Sundararaman Ramamurthy, the CEO of BSE said on Thursday.

Last year, 91 large firms went public on the BSE, earlier known as the Bombay Stock Exchange, and the NSE, or National Stock Exchange, raising a record 1.6 trillion rupees via initial public offerings (IPOs), according to analytics firm Prime Database.

Overall public equity fundraising more than doubled to 3.73 trillion rupees.

Mr. Ramamurthy said the IPO boom has more Offers for Sale (OFS), where large shareholders sell existing shares, with the proceeds going to them, instead of fresh issues that provide firms with capital to invest.

“I would like to see the OFS percentage coming down and fresh capital raising go up.”

BSE earned 1.57 billion rupees in listing fees in the first-half of 2024-25, according to East India Securities. This compares to 1.3 billion rupees in fees reported a year earlier.

Mr. Ramamurthy declined to comment on BSE’s financials ahead of its upcoming quarterly earnings.

The gains from the IPO pipeline, however, are being tempered by tighter rules for trading derivatives.

The notional value of derivatives traded in India has declined 40% since September, in anticipation of the new rules, while premiums have fallen 15%-20%, Mr. Ramamurthy said.

A further decline could be expected since three of the six new rules introduced by the markets regulator will be implemented by April.

“We have to wait till April to judge the final impact,” he said.

BSE’s shares have doubled since November 20 when the rules were implemented as analysts expect a lower impact on the exchange compared to the NSE, which has larger derivative trading volumes.

DIVERSIFYING REVENUE STREAMS BSE, which earns a major chunk of revenue from transaction charges and services to firms including listings, is looking to diversify its income streams, Mr. Ramamurthy said.

It aims to grow its index business, which licences indexes used by funds to benchmark investments.

“We have launched 15 indices since the middle of last year and there is room to continue working on that front,” he said.

It is also considering expanding its co-location services, which are in demand as high-frequency and algorithmic trading increase.

“There is good possibility of generating revenue (in co-location), but we have not made a decision yet. We will look at it after April once market volumes settle down.”

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| Photo Credit: Reuters

Benchmark indices Sensex and Nifty dropped in initial trade on Thursday (January 9, 2025) dragged by persistent foreign fund outflows, with investors staying on the sidelines ahead of the earnings season.

TCS is kick-starting the December quarter results calendar on Thursday.

The 30-share BSE benchmark Sensex dropped 284.12 points to 77,864.37 in early trade. The NSE Nifty dipped 86.8 points to 23,602.15.

From the 30-share blue-chip pack, Tata Motors, Larsen & Toubro, Zomato, State Bank of India, Sun Pharma, Power Grid, Bajaj Finance and NTPC were the major laggards.

Kotak Mahindra Bank, Infosys, Mahindra & Mahindra, Tata Consultancy Services and Asian Paints were the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,362.18 crore on Wednesday, according to exchange data.

In Asian markets, Seoul and Hong Kong traded in the positive territory while Tokyo and Shanghai quoted lower.

US markets ended mostly in the green on Wednesday.

Global oil benchmark Brent crude dipped 0.12 per cent to USD 76.07 a barrel.

The BSE benchmark declined 50.62 points or 0.06% to settle at 78,148.49 on Wednesday (January 8, 2025). The Nifty skidded 18.95 points or 0.08%t to 23,688.95.

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.
| Photo Credit: REUTERS

Benchmark equity indices bounced back in early trade on Thursday (November 14, 2024) after facing heavy correction in the last two trading days, amid massive buying by domestic institutional investors and a rally in frontline stocks HDFC Bank, Reliance Industries.

The BSE benchmark Sensex climbed 254.5 points to 77,945.45 in early trade. The NSE Nifty went up by 86.25 points to 23,645.30.

The BSE benchmark had tanked 1,805.2 points or 2.27% in the past two days.

From the 30-share Sensex pack, HCL Technologies, HDFC Bank, NTPC, Reliance Industries, Tech Mahindra and Axis Bank were the major gainers.

UltraTech Cement, Power Grid, Mahindra & Mahindra, Hindustan Unilever, Maruti and Larsen & Toubro were among the laggards.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,502.58 crore on Wednesday (November 13, 2024), while Domestic Institutional Investors (DIIs) bought shares worth ₹6,145.24 crore, according to exchange data.

“During a correction phase in the market, like the present one, there will always be counter moves, which will facilitate a bounce back. The huge liquidity at the disposal of the DIIs can trigger this bounce back. But such a bounce back is unlikely to sustain since the fundamental factors are unfavourable.

“The Trump factor has triggered many profound changes in markets already. The dollar index is strong and rising and is currently at 106.61. The US 10-year bond yield is at 4.48%. These two are strong headwinds for equity markets in emerging economies like India,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

The positive factor is the huge liquidity at the disposal of the DIIs and the sustained flows into these funds, he said.

“Domestically, the worry is the disappointing Q2 results and the consensus earnings downgrade,” Mr. Vijayakumar added.

In Asian markets, Seoul, Tokyo were trading higher while Shanghai and Hong Kong quoted lower.

The U.S. markets ended on a mixed note on Wednesday.

Global oil benchmark Brent crude dipped 0.36% to $72.02 a barrel.

The BSE benchmark Sensex tanked 984.23 points or 1.25% to settle at 77,690.95 on Wednesday. Registering its fifth day of decline, the Nifty tumbled 324.40 points or 1.36% to 23,559.05.