Nifty 50, Sensex Ended In The Green; Rupee Hit A Record Low
- Share.Market
- 10 min read
- 18 May 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex recovered early losses to end in the red on Monday, May 18, fueled by a massive surge in IT stocks. Sectorally, Nifty IT jumped nearly 2.5%, lifting companies like Infosys, TCS, and Tech Mahindra, along with midcaps like Persistent Systems and Coforge, after the rupee hit a record low of ₹96.39 against the USD.
This currency depreciation acted as a major catalyst for the sector, as it promised to directly boost reported revenue figures and expand operating profit margins for IT firms whose earnings are primarily in US Dollars while their operational expenses remain in rupees.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
GLANDGland Pharma reported a solid Q4 FY26, with consolidated revenue growing 22% year-on-year and adjusted profit after tax (PAT) jumping 97%. The growth was supported by its CDMO segment, and the board recommended a final dividend of ₹20 per share.
SOLARINDSSolar Industries India delivered a record FY26 performance, reporting its highest-ever quarterly sales of ₹3,053 crore and profit of ₹556 crore. The company also recorded its highest quarterly defence revenue of ₹1,008 crore, exceeding its annual margin guidance.
HINDCOPPERHindustan Copper reported a massive 134% year-on-year jump in Q4 FY26 profit to ₹444.06 crore. The company’s revenue from operations also saw strong growth, rising by 58% to ₹1,156.08 crore compared to ₹731.40 crore in the same quarter last year.
KECKEC International’s shares dropped after the company reported a weak Q4 FY26. Consolidated revenue declined to ₹6,390 crore against ₹6,872 crore year-on-year. Additionally, operating profit after tax (PAT) fell to ₹193 crore from ₹268 crore, with EBITDA margins shrinking to 7.0%.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 15 May 2026 | 1,329.17 | -1,958.82 |
| 14 May 2026 | 187.46 | 684.33 |
| 13 May 2026 | -4,703.15 | 5,869.05 |
| 12 May 2026 | -1,959.39 | 7,990.32 |
| 11 May 2026 | -8,437.56 | 5,939.65 |
| Month-to-Date | -24,655.82 | 39,917.38 |
What’s Happening Beyond Markets?
- According to Chairman Tuhin Kanta Pandey, SEBI is developing a framework to govern AI-driven trading. While acknowledging AI’s potential for automation, he warned of heightened cyber threats and stated that new advisories will help protect regulated entities from emerging vulnerabilities.
- As per the National Stock Exchange, live trading in the Electronic Gold Receipts (EGR) segment has officially commenced. These digital representations of physical gold aim to create a transparent, regulated trading mechanism and improve price discovery within India’s broader gold ecosystem.
- According to Union Minister Piyush Goyal, India is targeting $2 trillion in exports over the next five years to drive self-reliance. Speaking at a national trade conclave, he highlighted the upcoming Bharat Vyapar Mahotsav as a key platform to scale indigenous goods globally.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stock | Revenue from Operations FY26 (Estimated) | Revenue from Operations FY26 (Actual) | Change |
| Tata Steel Ltd. | ₹2,32,125.40 cr | ₹2,32,139.94 cr | 🔼 0.01% |
| Power Grid Corporation of India Ltd. | ₹48,160.40 cr | ₹46,732.87 cr | 🔻 2.96% |
| Greenpanel Industries Ltd. | ₹1,540.05 cr | ₹1,539.36 cr | 🔻 0.04% |
| ITC Hotels Ltd. | ₹4,136.43 cr | ₹4,139.40 cr | 🔼 0.07% |
SBI FY26 Results: Why Record ₹80,032 Cr Profit Led to a Fall?
Back to Basics
Terms that put you one step ahead – every day
What is a Follow-On Public Offer?
A Follow-On Public Offer (FPO) is when a company already listed on a stock exchange issues additional shares to the public to raise additional capital. Think of it like a popular local restaurant. When they first opened, they sold ownership slices to get off the ground (their IPO). Years later, they want to build a massive new expansion. To fund this, they sell a new batch of ownership slices to the community, an FPO.
In the stock market, companies typically use FPOs to pay down debt or fund large new projects. For everyday investors, this move is crucial to watch. An FPO increases the total number of shares, slightly diluting existing ownership. However, if the company uses that new money to supercharge growth, the stock could become an even stronger long-term bet.
Learn more: https://www.share.market/buzz/stocks/follow-on-public-offer-fpo/
Corporate Actions
Companies with the ex date and record date on 20 May 2026
| Company | Corporate Action |
| Garware Technical Fibres Ltd. | Buy Back of Shares |
| Great Eastern Shipping Company Ltd. | Interim Dividend, ₹11.70 |
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
