Sensex ends in the green; investors earn ₹4 lakh crore— 10 key highlights from Indian stock market today

The Indian stock market ended in positive territory on Wednesday, May 14, amid largely positive global cues about the decline in geopolitical risks. The Sensex closed 182 points, or 0.22 per cent, higher at 81,330.56, while the Nifty 50 rose 89 points, or 0.36 per cent, to 24,666.90.

The mid and small-cap segments continued their outperformance. The BSE Midcap and Smallcap indices rose 1.19 per cent and 1.63 per cent, respectively.

Volatility index India VIX dropped over 5 per cent to 17.23.

Investors earned about ₹4 lakh crore in a single session as the cumulative market capitalisation of BSE-listed firms rose to nearly ₹435 lakh crore from ₹431 lakh crore in the previous session.

Indian stock market: 10 key highlights from the day

Here are 10 key highlights from the stock market today:

1. Why did the Indian stock market rise today?

Investors' risk appetite has improved with the easing of the US-China trade war, reduced India-Pakistan tensions, and declining inflation. The market is also witnessing stock-specific action amid the Q4 results season.

Shares of Infosys, Reliance Industries and Tata Steel ended as the top contributors to the gains in the Sensex index. However, HDFC Bank, ICICI Bank and Kotak Mahindra Bank ended as the top drags on the index.

"Market optimism is gaining momentum, driven by a sharp decline in both global and domestic risks. In this environment, the broader markets are on an upswing, supported by a strengthening recovery in local demand, as reflected in the March quarter corporate earnings," said Vinod Nair, Head of Research, Geojit Investments.

"This has sparked a rally in mid- and small-cap stocks, which had underperformed earlier due to premium valuations, earnings downgrades, and moderation in foreign institutional investor (FII) and Retail inflows," said Nair.

2. Top gainers in the Nifty 50 index today

As many as 39 stocks ended with gains in the Nifty 50 index, with Tata Steel (up 3.93 per cent), Shriram Finance (up 2.75 per cent), and Bharat Electronics (BEL) (up 2.61 per cent) ending as the top gainers.

3. Top losers in the Nifty 50 index today

Asian Paints (down 1.66 per cent), Cipla (down 1.33 per cent) and Kotak Mahindra Bank (down 1.12 per cent) ended as the top losers in the Nifty index.

4. Sectoral indices today

All major sectoral indices ended higher, except for Nifty Bank (down 0.25 per cent), Financial Services (down 0.23 per cent) and Private Bank (down 0.19 per cent).

The Nifty Metal index ended as the top gainer among sectoral indices, rising 2.46 per cent. It was followed by Realty (up 1.70 per cent), IT (up 1.34 per cent), Media (up 1.27 per cent) and Oil and Gas (up 1.22 per cent).

5. Most active stocks in terms of volume

Vodafone Idea (37.56 crore shares), YES Bank (20.2 crore shares) and Suzlon Energy (9.8 crore shares) were the most active stocks in terms of volume on the NSE.

6. 11 stocks jump more than 15% on NSE

Kanpur Plastipack, Khaitan (India), Indo Rama Synthetics (India), Amj Land Holdings and Generic Engineering Construction were among the 11 stocks that surged more than 15 per cent on the NSE.

7. Eight stocks crash more than 5%

Platinum Industries, Albert David, Syrma SGS Technology, Kaveri Seed Company and Metropolis Healthcare were among the eight stocks that crashed more than 5 per cent on the NSE.

8. 200 stocks hit upper circuits; 30 stocks hit lower circuits

As many as 200 stocks, including Sagility India, Sky Gold and Diamonds, Zen Technologies, Reliance Communications, Veritaas Advertising and Precision Metaliks, hit their upper circuits during the session on the NSE.

On the other hand, 30 stocks, including Z-Tech (India), Godha Cabcon & Insulation, Wealth First Portfolio Managers and Mahamaya Steel Industries, hit their lower circuits on the NSE during the session.

9. Advance-decline ratio

As many as 2,183 stocks advanced, while 694 declined and 83 remained unchanged on the NSE.

10. Over 80 stocks hit 52-week highs; 30 stocks plumb 52-week lows

BEL, Mazagon Dock Shipbuilders, APL Apollo Tubes, Bharti Hexacom, Dalmia Bharat, Max Financial Services and Solar Industries India were among the 88 stocks that hit their 52-week highs in intraday trade on the BSE.

On the other hand, Aether Industries and Last Mile Enterprises were among the 30 stocks that dropped to their 52-week lows during the session.

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Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.