HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Post Session: Quick Review
May-26-2026

Indian equity benchmarks closed lower on Tuesday amid rising geopolitical tensions. Markets opened on a weak note but soon recovered to trade above the neutral lines as traders took support from Foreign Institutional Investors (FIIs), who turned net buyers on May 25, 2026, with net inflows of Rs 821.75 crore. However, in the second half of the session, markets slipped into the red as investors were cautious following fresh US strikes in southern Iran, which escalated geopolitical tensions and pushed crude oil prices higher.

Some of the important factors in trade:

Elevated energy prices to weigh on near-term credit conditions of Indian corporates: Investors were cautious after Moody's Ratings on Monday said elevated energy prices will weigh on the near-term credit conditions of Indian corporates, despite robust balance sheets and favourable long-term growth prospects.

West Asia crisis not a diplomatic issue, will lead to higher fuel costs for common man: Sentiments remained downbeat as Union Finance Minister Nirmala Sitharaman has cautioned that the West Asia crisis is not just a geopolitical issue, but will result in higher fuel costs for common people and businesses, impacting shipping and supply chains.

Prolonged conflict to shave 200 bps off corporate profitability in FY27: Some cautiousness also prevailed in markets as Crisil Ratings said prolonged supply-chain disruptions due to the protracted conflict in West Asia could shave off corporate operating profitability by 200 basis points (bps) in the current fiscal year, but India Inc will remain resilient on the back of strong balance sheets. 

On the global front: European markets were trading mostly in red, while Asian markets closed mostly higher, amid renewed uncertainty about a potential peace deal to end the Middle East conflict after the US attacked key Iranian missile launch sites in Southern Iran. 

The BSE Sensex ended at 76009.70, down by 479.26 points or 0.63% after trading in a range of 75909.68 and 76627.04. There were 9 stocks advancing against 21 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Utilities up by 1.15%, Metal up by 1.02%, Power up by 0.86%, Capital Goods up by 0.52% and Basic Materials up by 0.49%, while Consumer Durables down by 0.86%, Realty down by 0.52%, TECK down by 0.49%, Bankex down by 0.31% and PSU down by 0.24% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Tech Mahindra up by 1.86%, Eternal up by 1.13%, Adani Ports and Special Economic Zone up by 0.47%, Hindustan Unilever up by 0.45% and Maruti Suzuki up by 0.28%. On the flip side, Bharti Airtel down by 1.50%, Trent down by 1.47%, TCS down by 1.21%, Bajaj Finance down by 1.14% and Titan Company down by 0.96% were the top losers. (Provisional)

Meanwhile, with an aim to strengthen the MSME ecosystem, enhance last-mile credit delivery and accelerate the modernization of rural industries, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman has launched a set of strategic portals and initiatives. Minister said that MSMEs contribute nearly 35 per cent of manufacturing output, 48 per cent of exports and around 31 per cent of India’s GDP. She also noted that the sector comprises over 7.47 crore entrepreneurs and provides employment to more than 32 crore people across the country.

The key initiatives launched by the Finance Minister include SIDBI-RRB Co-Lending Platform, a digital joint lending model designed to enhance MSME credit penetration in semi-urban and rural areas by combining SIDBI’s MSME expertise and digital capabilities with the grassroots outreach of Regional Rural Banks. Besides, Modernization of Rural Enterprises (MoRE) Programme was unveiled which is a cluster-based intervention providing credit and credit-plus support to modernise rural enterprises engaged in non-farming activities such as jaggery units, oil expellers, pottery units, flour mills and brass artisan enterprises.

Apart from this, Sitharaman has also launched Micro Credit Card Scheme for Micro Enterprises, a scheme enabling Udyam-registered micro enterprises to access revolving credit of up to Rs 5 lakh with 75 per cent guarantee coverage and without mandatory primary security. Another major initiative launched was SIDBI MSME Exchange - Machinery Portal, a technology-driven digital platform integrating machinery discovery with institutional financing support to accelerate MSME capital investment and technology adoption. 

The CNX Nifty ended at 23913.70, down by 118.00 points or 0.49% after trading in a range of 23885.45 and 24089.80. There were 18 stocks advancing against 32 stocks declining on the index. (Provisional)

The top gainers on Nifty were Adani Enterprises up by 4.20%, Tata Motors Passenger up by 3.31%, Tech Mahindra up by 1.71%, Nestle up by 1.06% and Eternal up by 1.01%. On the flip side, Apollo Hospital down by 1.73%, Wipro down by 1.64%, Bharti Airtel down by 1.49%, Trent down by 1.40% and TCS down by 1.39% were the top losers. (Provisional)

European markets were trading mostly in red; France’s CAC fell 78.96 points or 0.96% to 8,179.30, and Germany’s DAX lost 203.6 points or 0.8% to 25,185.50, while UK’s FTSE 100 increased 65.62 points or 0.63% to 10,531.88.

Asian markets ended mostly lower on Tuesday as Brent crude climbed above $95 per barrel after early optimism surrounding a potential US-Iran peace deal was dampened by fresh US military strikes in southern Iran. Chinese shares declined as Chinese investors rushed to find alternative ways to trade overseas equities following Beijing’s launch of its most forceful crackdown on illicit cross-border stock trading to stem capital outflows. However, South Korea's Kospi extended gains to fresh record highs as trading resumed after a long holiday weekend.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,145.37

-7.20

-0.17

Hang Seng

25,599.45

-6.58

-0.03

Jakarta Composite

6,130.19

-76.16

-1.23

KLSE Composite

1,699.02

-9.48

-0.55

Nikkei 225

64,996.09

-162.10

-0.25

Straits Times

5,028.80

-41.75

-0.82

KOSPI Composite

8,047.51

199.80

2.55

Taiwan Weighted

43,525.37

-119.03

-0.27

  RELATED NEWS >>