Post-Market, 22 May 2026: Sensex Zooms Past 75,400; Nifty 50 Crosses 23,700 Mark

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The rupee’s appreciation against the US dollar lifted investors’ sentiments in D-Street with the Sensex and the Nifty 50 ending in the positive territory.

Benchmark indices, the Sensex and the Nifty 50, ended Friday’s trading session on a higher note. Investors’ sentiments were buoyed by the rupee appreciating against the US dollar, with strong support from banking and financial stocks.

At the closing bell:

  • The Nifty 50 stood at 23,719.30, up 0.27%

  • The Sensex stood at 75,415.35, up 0.31%

Broader markets witnessed mixed trends with the Nifty Midcap 100 ending the day 0.14% higher. The Nifty Smallcap 100, however, ended in the red, down by 0.15%. Sectorally, the Nifty Private Bank, Nifty Financial Services, and the Nifty Bank outperformed. However, underperformance was recorded in the Nifty Pharma, Nifty Healthcare, and Nifty Media.

The table lists the stocks that emerged as top gainers and losers on the Nifty 50 index at the end of today’s trade:

The following companies declared their Q4 FY26 results today:

  • SMS Pharma: The company’s net profit in Q4 FY26 was up 61.1% year-on-year (YoY) and stood at ₹32.7 crore versus ₹20.3 crore in Q4 FY25. Its revenue was down 4.5% YoY and stood at ₹238 crore in Q4 FY26 versus ₹249 crore in Q4 FY25.

  • Sun Pharma: The company’s net profit in Q4 FY26 was up 26.2% and stood at ₹2,714 crore versus ₹2,150 crore. Its revenue was up 12.8% at ₹14,612 crore versus ₹12,959 crore.

  • Info Edge: The company’s net profit stood at ₹566 crore versus ₹272 crore quarter-on-quarter (QoQ). Its revenue was up 6.1% and stood at ₹869 crore in Q4 FY26 versus ₹819 crore QoQ.

  • GSFC: The company’s net profit was down 27.3% at ₹52.1 crore versus ₹71.7 crore. Its revenue was up 37% and stood at ₹2,633 crore versus ₹1,922 crore.

Some of the other major headlines for the day are:

  • Honda plans to launch over 10 new car models in India by 2030, including electric vehicles and compact sports utility vehicles (SUVs).

  • Axis Bank, ICICI Bank, and HDFC Bank's stocks jumped up to 2% in intraday post a report that said the Reserve Bank of India (RBI) is not considering a hike in rates to arrest the rupee's slide.

  • Dalmia Cement (Bharat) Ltd inked a deal to take over Jaiprakash Associates Ltd's key cement assets from the Adani Group-led insolvency resolution process for ₹2,850 crore.

  • The Reserve Bank of India (RBI) declared a surplus transfer of ₹2.87 lakh crore for FY27 to the Government of India.

Gold and silver futures traded lower on the Multi-Commodity Exchange (MCX) of India. Industry watchers said this reflected cautious investors’ sentiments in the midst of pressure on bullion prices and weak global cues.

At 15:44, Gold June futures on the MCX stood at ₹1,59,101 per 10 grams, down 0.32%. July silver futures during the same time stood at ₹2,72,286 per kg, down 0.94%.

Also Read - Capital Group Bets Over $2 Billion On Adani In Shift Away From Reliance

All eyes will be on how the talks on peace between the US and Iran progress in the coming days. Analysts expect stock-specific action to continue amid earnings announcements, while sustained strength in financials and stability in the rupee could lend further support to benchmark indices.

Sources:

Moneycontrol

NDTV Profit

The Economic Times

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, visit www.kotakneo.com/disclaimer.

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