Market News

3 min read | Updated on May 20, 2026, 16:50 IST
SUMMARY
On May 20, the SENSEX rose by 117.54 points or 0.16% to close flat at 75,318.39, while the NIFTY50 edged higher by 41 points or 0.17% to end at 23,659.
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The NIFTY Smallcap index increased by 7.35 points or 0.04% to close at 17,870.90. . | Image: Shutterstock
The SENSEX advanced as much as 0.27% to hit an intraday high of 75,406.18 during the afternoon session. Meanwhile, NIFTY50 reached the session’s peak of 23,690.90.
On May 20, the SENSEX rose by 117.54 points or 0.16% to close flat at 75,318.39, while the NIFTY50 edged higher by 41 points or 0.17% to end at 23,659.
The NIFTY50 pack was led by Hindalco Industries, which closed 3.50% higher, following the release of the financial results of Novelis Inc, the wholly-owned subsidiary of the metals giant. It reported a consolidated net loss of $84 million for the quarter ended March 31, 2026, due to fire incidents at its plant in Oswego, New York. However, the consolidated net sales rose to $4,787 million from $4,587 million in the year-ago period.
Reliance Industries surged 2.84% and was followed by Bajaj Auto (2.52%), Grasim Industries (1.63%) and Trent (1.07%), which were among the other top gainers.
On the contrary, the top losers included Bharat Electronics (-2.27%), Tech Mahindra (-1.92%), Eternal (-1.50%), Tata Steel (-1.09%) and SBI Life Insurance Company (-1.08%).
Shares of Bharat Electronics (BEL) fell, as it reported a consolidated net profit of ₹2,225.22 crore in the fourth quarter of FY26, marking a 4.61% year-on-year (YoY) jump from ₹2,127.04 crore in the same period of the preceding year. Analysts at Goldman Sachs noted that BEL’s profit after tax (PAT) missed estimates due to higher depreciation and lower other income.
The NSE Midcap gauge ended at 61,323.30, marking a 301.30-point or 0.49% jump.
It was supported by gains in Tata Communications (7.55%), GE Vernova T&D India (7.06%), Hitachi Energy India (7.01%), Mankind Pharma (3.54%) and Hindustan Petroleum Corporation (3.23%), which were the top winners.
On the flipside, PI Industries (-7.51%), Mahindra & Mahindra Financial Services (-3.46%), ICICI Lombard General Insurance Company (-2.57%), Adani Total Gas (-2.26%) and Swiggy (-1.88%) were among the top laggards.
The NIFTY Smallcap index increased by 7.35 points or 0.04% to close at 17,870.90.
Its top gainers included Data Patterns (5.70%), Aptus Value Housing Finance India (5.48%), Godawari Power And Ispat (4.28%), Sarda Energy & Minerals (2.98%) and Welspun Corp (2.97%).
On the contrary, Afcons Infrastructure (-3.26%), Kaynes Technology (-2.74%), Cholamandalam Financial Holdings (-2.53%), Ramco Cements (-2.37%) and Karur Vysya Bank (-2.30%) were among its top losers.
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