Market News

3 min read | Updated on May 18, 2026, 16:37 IST
SUMMARY
On May 18, the SENSEX closed 77.05 points, or 0.10%, higher at 75,315.04. Meanwhile, the NIFTY50 gained 6.45 points, or 0.03%, to end at 23,649.95.
Stock list

The NIFTY50 pack was led by buying in the shares of Tech Mahindra, which closed 4.85% higher, amid a surge in the NIFTY IT index. | Image: Shutterstock
The SENSEX slumped as much as 1.4% to touch an intraday low of 74,180.26 during the opening bell. Meanwhile, the NIFTY50 reached the session’s low of 23,317.10.
On May 18, the SENSEX closed 77.05 points, or 0.10%, higher at 75,315.04. Meanwhile, the NIFTY50 gained 6.45 points, or 0.03%, to end at 23,649.95.
The NIFTY50 pack was led by buying in the shares of Tech Mahindra, which closed 4.85% higher, amid a surge in the NIFTY IT index.
It was followed by Infosys (2.38%), Bharti Airtel (1.66%), Sun Pharmaceutical Industries (1.37%) and Wipro (1.31%), which were among the other top gainers.
Telecom giant Bharti Airtel shares rose, as its market capitalisation (m-cap) surged to hit ₹11.90 lakh crore at the stock’s intraday high level during the trading session on Monday, May 18, fuelling the company to become the second-largest listed stock in the Indian market.
On the contrary, Tata Steel closed in the red (-3.15%). The other top losers included Power Grid Corporation of India (-2.93%), NTPC (-2.62%), State Bank of India (-2.53%) and Bajaj Auto (-1.83%).
The stock of Power Grid tumbled after reporting a weak operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA), also known as operating profit, declined 19% to ₹7,501 crore and its EBITDA margin contracted by 8.7 percentage points in Q4 FY26.
NSE’s midcap index, the NIFTY Midcap 100 gauge, closed flat with a negative bias at 60,473.80, reflecting a 93.35 points or 0.15% decline.
The top laggards included Cochin Shipyard (-4.92%), Godfrey Phillips India (-4.57%), LG Electronics India (-3.48%), Container Corporation of India (-3.24%) and Bank of India (-2.68%).
On the other hand, Persistent Systems (5.48%), Coforge (5.15%), Oracle Financial Services Software (4.88%), PB Fintech (3.60%), and MphasiS (3.45%) were among the top winners.
NSE’s smallcap index, NIFTY Smallcap 100, ended at the 17,656.75 level during market closing, down by 225.85 points or 1.26%.
Amber Enterprises (-15.39%) fell as investors turned cautious after the firm’s fourth-quarter results, followed by an earnings call. The household appliances firm reported a consolidated net profit of ₹134 crore in the fourth quarter of the fiscal year (Q4 FY26), marking a growth of 16% from ₹116 crore in the same period last year.
It was followed by KEC International (-10.68%), Himadri Speciality Chemical (-7.53%), PG Electroplast (-5.67%) and Kaynes Technology India (-5.19%), which were among the other top losers.
On the contrary, shares of Gland Pharma, which ended 15.24% higher, hit their 52-week high during the trading session, after reporting 96.56% increase in its consolidated profit after tax to ₹366.67 crore in the latest March quarter, compared to ₹186.54 crore in the year-ago period.
The other gainers were the Great Eastern Shipping Company (9.66%), Sai Life Sciences (3.40%), Syngene International (3.07%), and Dr. Lal Path Labs (2.69%).
Related News
About The Author

Next Story