Stock Market Today, May 15: Indian stock markets closed in red on Friday, with benchmark indices Sensex and Nifty erasing all early gains due to selling in metal, oil & gas and PSU bank shares and caution among investors amid surging crude oil prices.
The 30-share BSE Sensex slipped 160.73 points, or 0.21 per cent, to settle the session at 75,237.99, after swinging between gains and losses during the session. The benchmark had rallied nearly 470 points in early trade before losing momentum.
The 50-share NSE Nifty settled lower by 46.10 points, or 0.19 per cent, at 23,643.50, snapping its two-day gaining streak.
Sensex gainers and losers today
From the Sensex constituents, Tata Steel, State Bank of India (SBI), Eternal, Reliance Industries (RIL), UltraTech Cement, Mahindra & Mahindra (M&M), Bharat Electronics Ltd (BEL), Larsen & Toubro (L&T), Trent, Axis Bank and Asian Paints were among the major laggards.
On the other hand, Infosys, Tech Mahindra, PowerGrid, Adani Ports, Maruti Suzuki India, Bharti Airtel, Kotak Mahindra Bank, Hindustan Unilever, and Sun Pharmaceuticals were major winners.
Stock Markets Today, May 15
- Nifty ends 35 points lower below 23,700
- Tata Motors surges more than 5%, emerging as the biggest gainer on the Nifty 50 index
- Top gainers on Nifty 50 - Tata Motors, Dr. Reddy's Laboratories & Infosys
- Hindalco Industries sheds more than 3.5%, ending as the biggest loser on the Nifty 50 index
- Top losers on Nifty 50 - Hindalco Industries, Nestle India & Eternal Limited
- Nifty IT emerges as the top sectoral gainer, ending 1.3% higher. Top gainers on Nifty IT - Tech Mahindra, Infosys & Persistent Systems
- Defence stocks end lower; Nifty Defence declines 1.8% for the day
- MTAR Technologies & Hindustan Aeronautics Limited (HAL) shed nearly 5% each
- Paras Defence and Space Technologies, Mishra Dhatu Nigam & Cochin Shipyard decline around 3% each
- United Spirits gains 3.8% after strong Q4 results
- Patanjali Foods, Radico Khaitan & Hindustan Unilever among top gainers in the Nifty FMCG index
Stock Markets This Week - Key highlights
- Nifty snaps -week gaining streak, mainly dragged by Titan and Shriram Finance
- Adani Enterprises and ONGC were the top gainers of Nifty 50 index
- Nifty Bank down ~3% this week, mainly dragged by IndusInd Bank and AU SFB
- Except Kotak Bank, all the constituents of the index are in red
- Nifty Midcap snaps 2-week gaining streak, Kalyan Jewellers and HUDCO lead loss
- Nifty Smallcap down over 4%, snap 6 week gaining streak mainly dragged by Kaynes Tech and Pine Labs
- Rupee hit a 96 for the first time this week
- Nifty Realty top sectoral loser down 8%, snap 2 week gaining streak mainly dragged by Ab Real Estate and Anant Raj
- Register biggest weekly loss since January 2026 & all the constituents of the index closed in green
- Nifty IT snaps 2-week gaining streak, down around 6%; LTM and Persistent lead losses
- IT Index touches 3-year low this week & all the constituents of the index closed red
- Nifty Auto 2-week gaining streak, down over 2% mainly dragged by Ahok Leyland and Tube Investment of India lead losses
- Nifty PSU Bank decline for the 4th consecutive week, dragged by Bank of Maharashtra and Central Bank of India
- Nifty energy snap 6 week gaining streak, mainly dragged by Torrent Power and JSW Energy
- Nifty Pharma advances for the 6th consecutive , mainly led by Biocon and Zydus Life Sciences
- Pharma Index register biggest weekly gaining streak in 2026
- Nifty metal index hit a record high and advances for the 3rd straight week led by Vedanta and Adani Enterprises lead gains
Meanwhile, Indian rupee crashed below the 96 mark against the US dollar on Friday for the first time as elevated crude oil prices and inflation concerns weighed on the local unit. The local currency closed at a record low of 95.94 (provisional) against the US dollar later.
In a significant development amid the omgoing tension in the West Asia, oil marketing companies raised petrol and diesel prices by Rs 3 per litre each on Friday. The decision was taken to pass on part of the hit from surging global crude prices triggered by the Iran war. CNG prices in cities like Delhi and Mumbai were raised by Rs 2 per kg, raising fears of a spike in inflation.
Brent crude climbed more than 3 per cent to USD 109.23 per barrel.
Meanwhile, the country's exports in April rose by 13.78 per cent to USD 43.56 billion despite global challenges, Commerce Secretary Rajesh Agrawal said. Imports grew by 10 per cent year-on-year to USD 71.94 billion in April. Trade deficit during the month stood at USD 28.38 billion.
Asian markets ended broadly lower, with South Korea's Kospi tumbling over 6 per cent. Markets in Europe were trading lower. US markets ended higher on Thursday.
Foreign Institutional Investors (FIIs) bought equities worth Rs 187.46 crore on Thursday, and Domestic Institutional Investors (DIIs) purchased stocks for Rs 684.33 crore, according to exchange data.
On Thursday, the 30-share BSE Sensex jumped 789.74 points to close at 75,398.72. The 50-share NSE Nifty climbed 277 points to finish at 23,689.60.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
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