sensex news today – Artifex.News

Stock markets rally in early trade tracking positive trend in global peers, easing oil prices

admin — Thu, 21 May 2026 05:48:00 +0000

From the 30-Sensex firms, InterGlobe Aviation, Bharat Electronics, Asian Paints, Tata Steel, Larsen & Toubro and Eternal were among the major winners. File photo for representational purposes only.
| Photo Credit: Reuters

Benchmark equity indices were trading higher in early trade on Thursday (May 21, 2026), helped by easing oil prices and a sharp rally in global markets amid hopes that the West Asia conflict would end soon.

The 30-share BSE Sensex climbed 327.74 points to 75,646.13 in early trade. The 50-share NSE Nifty went up by 111.75 points to 23,772.05.

From the 30-Sensex firms, InterGlobe Aviation, Bharat Electronics, Asian Paints, Tata Steel, Larsen & Toubro and Eternal were among the major winners.

Trent, Infosys, Sun Pharma and Bajaj Finserv were among the laggards.

Brent crude, the global oil benchmark, cooled and traded at $105.7 per barrel level.

In Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index were trading higher, while Hong Kong’s Hang Seng index quoted marginally lower. Kospi traded over 7% higher.

U.S. markets ended significantly higher on Wednesday (May 20, 2026).

“Brent crude declining to $106 this morning is a positive signal. Perhaps the market is taking cues from President Trump’s remark that ‘the conflict will end soon and oil prices would plummet’,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,597.35 crore on Wednesday (May 20, 2026), according to exchange data.

Investor sentiment has improved meaningfully as markets increasingly begin to price in the possibility of de-escalation and a potential diplomatic resolution between the U.S. and Iran, Ponmudi R., CEO of Enrich Money, an online trading and wealth-tech firm, said.

On Wednesday (May 20, 2026), the 30-share BSE benchmark climbed 117.54 points, or 0.16%, to settle at 75,318.39. The Nifty edged higher by 41 points, or 0.17%, to end at 23,659.

Published – May 21, 2026 10:52 am IST

Source link

Sensex, Nifty surge over 1% on heavy buying in IT stocks as Donald Trump wins U.S. polls

admin — Wed, 06 Nov 2024 11:23:03 +0000

A vendor walks past by a poster of bear and bull in south Mumbai. File

Stock markets rallied more than 1% on Wednesday (November 6, 2024) with benchmark Sensex soaring 901 points on heavy buying in IT and pharma shares as Donald Trump wins the U.S. presidential elections.

Extending its gains to the second day, the BSE Sensex jumped 901.50 points or 1.13% to settle at 80,378.13. During the day, it soared 1,093.1 points or 1.37% to 80,569.73.

The NSE Nifty soared 270.75 points or 1.12% to close at 24,484.05.

From the 30-share Sensex pack, Tata Consultancy Services and Infosys jumped over 4% each. HCL Technologies, Tech Mahindra, Adani Ports, Larsen & Toubro, Maruti and Reliance Industries were also among big gainers.

Titan, IndusInd Bank, Hindustan Unilever, Axis Bank and HDFC Bank were the laggards.

“Global markets experienced a relief rally following the U.S. election results, reducing political uncertainty with Trump securing a strong mandate. This has led to strong risk-on sentiments, driven by expectations of tax cuts and increased government spending,” Vinod Nair, head of research at Geojit Financial Services said.

The domestic buying was broad-based, with IT leading the charge in anticipation of a rebound in IT spending in the U.S.

“BFSI spending in the U.S. has improved as per the IT Q2 result which is positive for Indian players,” Mr. Nair added.

In Asian markets, Tokyo settled higher while Seoul, Shanghai and Hong Kong ended lower.

European markets were quoting in the green. Wall Street ended sharply higher on Tuesday (Nov. 5).

Global oil benchmark Brent crude declined 2% to $74.02 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,569.41 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought ₹3,030.96 crore worth of shares, according to exchange data.

Bouncing back from Monday’s (Nov. 4’s) sharp fall, the BSE benchmark jumped 694.39 points or 0.88% to settle at 79,476.63 on Tuesday (Nov. 5). The Nifty climbed 217.95 points or 0.91% to 24,213.30.

Published – November 06, 2024 04:53 pm IST

Source link