Sensex Adds 182 Points, Nifty Settles Above 24,600; Broader Market Indices Extend Gains

Stock Market Today: On May 14 the benchmark indices closed in the green with Nifty closing at 24,666.9, higher by 88.55 points or 0.36 per cent. Sensex closed above 81,330.56 adding 182.34 points or 0.22 per cent.

Tata Steel, Shriram Finance And Bharat Electronics Lead Gainers

Tata Steel emerged as the top-gainer among Nifty 50 stocks as the Tata Group company’s shares closed higher by 3.93 per cent. Shriram Finance and Bharat Electronics also gained significantly closing higher by up to 2.75 per cent. On the other hand, shares of Asian Paints, Cipla and Kotak Mahindra Bank bucked the trend to close lower by 1.66 per cent. While 39 stocks which are a part of the Nifty 50 closed in the green, as many as 11 stocks declined.

Broader Market Indices Extend Gains

Broader market indices extended gains on May 14, the Nifty MidCap 100 ended higher by 1.11 per cent and the Nifty SmallCap 100 extended gains to close 1.44 per cent higher. Sectoral indices such as the Nifty Metal, Nifty IT and the Nifty Realty gained the most among the sectoral pack closing higher by as much as 2.46 per cent.

Global Markets

S&P 500, Dow Jones Futures and the Nasdaq closed higher by 1.61 per cent. The DAX Performance Index and the CAC 40 traded in the red, declining 0.28 per cent. On the other hand, the FTSE 100 traded flat with a positive bias up by 0.1 per cent. Japan’s Nikkei index traded lower by 0.14 per cent, while the Hang Seng and the Shanghai Composite traded higher by up to 2.25 per cent.

Primary Market Action

The NSE SME issue of Accretion Pharmaceuticals IPO (Accretion Pharmaceuticals Ltd) opened for bidding on May 14. The company aims to raise Rs 29.75 crore through the issuance of 29.46 lakh shares.

Market Cues

Retail inflation eased to 3.16 per cent in April 2025 from 3.34 per cent in the previous month. Notably, with the current decrease, inflation has remained below the Reserve Bank of India’s 4 per cent medium-term target. D-street is expected to factor in the impact of the numbers in the upcoming days.