The Indian stock market witnessed a downturn in morning trade, with the Sensex declining by 0.60% to 74,789.97 and the Nifty 50 dropping by 0.62% to 23,496.40. Among the top losers, Amber Enterprises India led the decline with a significant drop of 14.97% to ₹7,207.50. KEC International and Bajaj Electricals also saw substantial losses, falling by 8.86% and 7.80% respectively.
Biggest decliners today
Amber Enterprises India experienced the steepest decline, with its stock price plummeting from an open of ₹8,118.00 to a current level of ₹7,207.50. The stock reached a high of ₹8,148.50 but hit a low of ₹6,980.00 during the session. KEC International followed, with its share price decreasing from ₹540.95 to ₹499.95, marking an 8.86% drop. The stock’s high and low were ₹540.95 and ₹498.10, respectively.
Bajaj Electricals also faced a downturn, with its stock price falling from ₹380.00 to ₹362.45, a decline of 7.80%. The stock’s session high was ₹381.10, while the low was ₹360.40. Symphony, despite opening at ₹724.70, saw a decrease to ₹726.65, marking a 7.33% drop from its opening price. Gujarat State Petronet rounded out the top five losers, with its stock declining by 7.13% from an open of ₹287.55 to a current price of ₹268.35.
Sectoral patterns
The infrastructure sector saw notable declines with Afcons Infrastructure and NCC both experiencing losses. Afcons Infrastructure’s stock fell by 6.49% from ₹331.00 to ₹314.65, while NCC’s stock decreased by 5.43% from ₹157.46 to ₹151.96. The energy sector also saw a downturn, with Gujarat State Petronet and SJVN both recording significant losses.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Amber | 8,118.00 | 8,148.50 | 6,980.00 | 7,207.50 | -14.97% |
| KEC | 540.95 | 540.95 | 498.10 | 499.95 | -8.86% |
| Bajaj Electricals | 380.00 | 381.10 | 360.40 | 362.45 | -7.80% |
| Symphony | 724.70 | 747.00 | 721.00 | 726.65 | -7.33% |
| GSPL | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| Afcons | 331.00 | 331.50 | 309.10 | 314.65 | -6.49% |
| SJVN | 75.98 | 76.25 | 70.50 | 72.43 | -6.45% |
| Cochin Shipyard | 1,549.00 | 1,549.00 | 1,475.00 | 1,493.20 | -6.35% |
| ICICI Prudential | 507.95 | 507.95 | 488.60 | 503.85 | -5.93% |
| NCC | 157.46 | 157.89 | 150.03 | 151.96 | -5.43% |
What this means for the market
The significant declines in key stocks such as Amber Enterprises India and KEC International indicate a cautious sentiment among investors. The broader market is likely to remain under pressure as investors digest these losses. Market participants will be closely watching for any signs of recovery or further declines in the remaining trading sessions.
Data as on May 18, 2026, 11:30 AM 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.