The Indian stock market closed on a positive note today, with the Nifty 50 rising to 23,689.60, marking an increase of 1.18% from its opening level. The Sensex also saw a significant gain, closing at 75,398.72, up 1.06% from the start of the session. The market sentiment was buoyant, with Nifty Pharma leading the sectoral indices with a notable rise.
Index movements
The Nifty 50 opened at 23,530.25 and experienced fluctuations throughout the day, reaching a high of 23,777.20 and a low of 23,426.55 before closing at 23,689.60. The Sensex mirrored this positive trend, opening at 74,947.12, hitting a high of 75,681.88, and a low of 74,526.77, before settling at 75,398.72. The Bank Nifty also contributed to the positive market sentiment, closing at 54,128.95, up 1.26% from its opening of 53,639.50.
Sectoral performance
Among sectoral indices, Nifty Pharma stood out with a strong performance, closing at 24,551.05, up 2.74% from its opening. Nifty Metal also showed robust gains, ending the day at 13,562.25, a 2.04% increase. Conversely, Nifty IT faced a decline, closing at 27,360.35, down 1.99% from its opening level. Other sectors like Nifty PSU Bank and Nifty Auto saw modest gains of 1.37% and 0.62%, respectively.
Market breadth
The broader market indices reflected the overall positive trend. The Nifty 100 rose to 24,654.40, up 1.17%, while the Nifty 500 increased to 22,613.10, marking a 1.05% rise. Midcap indices also performed well, with the Nifty Midcap 50 closing at 17,357.50, up 1.17%, and the Nifty Midcap 100 at 60,839.70, up 1.12%.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,530.25 | 23,777.20 | 23,426.55 | 23,689.60 | +1.18% |
| Sensex | 74,947.12 | 75,681.88 | 74,526.77 | 75,398.72 | +1.06% |
| India VIX | 19.43 | 19.43 | 18.39 | 18.61 | -4.22% |
| Nifty Pharma | 24,151.65 | 24,573.30 | 24,137.75 | 24,551.05 | +2.74% |
| Nifty Metal | 13,424.45 | 13,580.00 | 13,375.30 | 13,562.25 | +2.04% |
| Nifty IT | 27,847.50 | 27,856.00 | 27,078.00 | 27,360.35 | -1.99% |
| Nifty PSU Bank | 8,105.20 | 8,233.80 | 8,014.95 | 8,174.40 | +1.37% |
| Bank Nifty | 53,639.50 | 54,393.75 | 53,191.60 | 54,128.95 | +1.26% |
| Nifty 100 | 24,503.90 | 24,739.00 | 24,364.90 | 24,654.40 | +1.17% |
| Nifty Midcap 50 | 17,257.30 | 17,389.10 | 17,093.15 | 17,357.50 | +1.17% |
| Nifty Midcap 100 | 60,501.05 | 60,940.00 | 59,903.00 | 60,839.70 | +1.12% |
| Nifty 500 | 22,505.00 | 22,675.80 | 22,338.65 | 22,613.10 | +1.05% |
| Nifty Media | 1,398.85 | 1,412.95 | 1,377.65 | 1,408.25 | +0.90% |
| Nifty Realty | 767.00 | 773.55 | 747.30 | 770.10 | +0.77% |
| Nifty Energy | 40,159.85 | 40,343.40 | 39,795.30 | 40,080.15 | +0.65% |
| Nifty Auto | 26,092.70 | 26,117.10 | 25,603.15 | 26,049.70 | +0.62% |
| Nifty FMCG | 50,727.50 | 51,061.05 | 50,513.65 | 50,779.15 | +0.34% |
Market outlook
As the market closed on a strong note, investors will be keenly watching upcoming economic data releases and global market trends for further cues. The performance of sectoral indices, particularly Nifty Pharma, suggests a positive sentiment in specific sectors, which could continue to influence market movements in the coming sessions.
Data as on May 14, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.