- By Aditya Pratap Singh
- Fri, 22 May 2026 09:43 AM (IST)
- Source:JND
Stock Market Today: The domestic equity indices traded sharply higher in early trade on Friday amid a decline in crude prices and firm global cues. AT around 9:36 AM, BSE Sensex was trading at 75,570.41, up 387.05 points or 0.51 per cent. Nifty50 quoted at 23,760.65, down 105.95 points or 0.45 per cent.
The market sentiment remained firm on hopes of progress in US-Iran peace talks after US President Donald Trump said that the war would end soon.
Top Gainers And Losers
In early trades, ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Asian Paints, Axis Bank and UltraTech Cement were among the top gainers from the Sensex basket. On the other hand, Power Grid, Tata Consultancy Services, Tech Mahindra, and ITC were trading lower.
The global oil prices have lowered. Brent crude, the global oil benchmark, fell below $105 per barrel and traded at around $104 per barrel in early trade.
"Brent crude declining to below USD 105 and rupee appreciation are positive developments, VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
Global Markets Today
In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite Index and Hong Kong's Hang Cheng Index were the most heavily traded. U.S. markets closed in the positive territory on Thursday.
Meanwhile, foreign institutional investors sold equities worth Rs 1,891.21 crore on Thursday, according to exchange data.
The 30-share BSE benchmark fell 135.03 points, or 0.18 per cent, to 75,183.36 on Thursday. The Nifty fell 4.30 points, or 0.02 per cent, to close at 23,654.70.