Post-Market, 15 May 2026: Domestic And International Cues Drag Down Benchmark Indices

Indian benchmark indices ended lower on Friday’s trade as rising crude oil prices and weakening of the rupee against the dollar took a toll on investors’ sentiments. At the closing bell:

• The Sensex dropped 160.73 points to close at 75,237.99 points.

• The Nifty 50 dropped 46.10 points to close at 23,643.50 points.

The weak sentiment was also reflected in broader markets as Nifty Midcap 100 and Nifty Smallcap 100 ended the day 0.45% and 0.61% lower. The Nifty Metal and Nifty Oil and Gas indices also ended in red.

Nifty 50 Top Gainers And Losers

The table highlights the top gainers and losers on the Nifty 50 today:

Companies Declaring Q4 FY26 Results

Several companies declared their Q4 FY26 results today, including:

• Alembic Pharma: Net profit rose 29.2% to ₹203 crore versus ₹157 crore year-on-year (YoY); Revenue rose 4.4% to ₹1,848 crore versus ₹1,770 crore YoY.

• Solar Industries: Net profit rose 70% to ₹548 crore versus ₹322 crore YoY; Revenue rose 40.9% to ₹3,053 crore versus ₹2,167 crore YoY.

• SJVN: Net loss narrowed to ₹118 crore versus ₹128 crore YoY; Revenue stood at ₹1,497 crore versus ₹504 crore YoY.

• MPS: Net profit was down 0.2% to ₹47 crore versus ₹47.1 crore YoY; Revenue was up 12.7% at ₹205 crore versus ₹182 crore YoY.

Other Important Developments

Some other important developments that attracted attention today are:

• Likely delay of Flipkart’s initial public offering (IPO) with Walmart asking it to focus on achieving earnings before interest, taxes, depreciation, and amortisation (EBITDA) breakeven before FY 27.

• Widening of India’s trade deficit to USD 28.38 billion in April 2026, with imports outpacing exports.

• Gautam Adani and his nephew, Sagar, to pay a total of USD 18 million to end the Securities and Exchange Commission's November 2024 lawsuit.

• Reduction in value-added tax on aviation turbine fuel by the Maharashtra government to 7% from 18%.

Also Read - NSE To Launch Trading In Electronic Gold Receipts From May 18

Commodities Watch: Gold And Silver

Gold and silver prices on the Multi-Commodity Exchange of India (MCX) witnessed a drop, with analysts expecting them to be range-bound after the government increased import duties on them. At 4:02 pm, Gold June futures on the MCX stood at ₹1,59,143 per 10 grams, down 1.75%. Silver July futures stood at ₹2,74,820 per kg, down 5.59%.

With a breakthrough in the Middle East yet to be achieved, industry watchers believe markets to be on the edge in the coming days. Analysts feel that this lingering tension could lead to concerns over energy prices, supply disruptions, and broader geopolitical risks in the days ahead.

Sources:

Moneycontrol

Nifty Indices

The Economic Times