Sensex Nifty Updates May 22: Markets End Higher Led by Banking Stocks; Axis Bank, ICICI Bank Drive Gains

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Last Updated: 22nd May 2026 - 04:07 pm

Indian markets ended slightly higher with the Sensex gaining 0.31% and Nifty rising 0.27%, supported by strong buying in banking and financial stocks such as Axis Bank, ICICI Bank, and Shriram Finance. However, weakness in healthcare, FMCG, and energy stocks capped gains. Global sentiment remained positive as Asian and European markets traded firmly higher. Meanwhile, U.S. markets closed higher in the previous session, aided by steady gains in technology and blue-chip stocks amid stable investor confidence.

Stock Market Highlights, May 22

  • Domestic Indices End Higher: Indian benchmarks settled with modest gains, as the Sensex rose 0.31% to 75,415.35 and the Nifty 50 advanced 0.27% to 23,719.30. Banking stocks supported the rally, with Shriram Finance, Axis Bank, and ICICI Bank leading gainers, while healthcare and energy stocks lagged.

  • Global Cues Positive: Asian markets closed broadly higher, led by a strong 2.68% jump in Japan’s Nikkei, while Hang Seng and Shanghai Composite also gained. European markets traded firmly in positive territory mid-session, with STOXX 50 outperforming, reflecting improved global investor sentiment and steady risk appetite.

  • Wall Street Recap: In the previous session, U.S. markets ended higher, with the Dow Jones gaining 0.55%, while the S&P 500 and NASDAQ rose 0.17% and 0.09%, respectively. Gains were supported by selective buying in blue-chip and technology stocks amid stable market sentiment.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
Trent 3.02%
Shriram Finance 2.87%
Axis Bank 2.56%
ICICI Bank 1.73%
Wipro 1.69%

Top Losers

Company Loss
Max Healthcare -6.22%
Sun Pharma -2.47%
ITC -2.06%
ONGC -1.98%
Power Grid Corp -1.75%

Indian Market Cues

Index Value Change (%)
Gift Nifty 23,766.50 0.42%
Nifty 50 23,719.30 0.27%
Nifty Bank 55,054.35 1.15%
SENSEX 75,415.35 0.31%

India VIX

Volatility Index Value Change (%)
India VIX 17.81 -0.06%

Asian Markets 

Index Value Change (%)
Nikkei 63,339 2.68%
Hang Seng 25,606 0.86%
Shanghai Composite 4,726 0.88%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,494 0.48%
DAX 24,774 0.69%
CAC 40 8,123 0.47%
STOXX 50 6,008 0.82%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 50,285.66 0.55%
NASDAQ 26,293.10 0.09%
S&P 500 7,445.72 0.17%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

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