Sensex and Nifty News: Bulls Reclaim Ground with Strong Market Rebound

Market Performance

After a sharp dip, Indian equity markets bounced back impressively on May 22, with both Sensex and Nifty posting substantial gains, led by banking, IT, and metal stocks.

• Sensex closed at 81,721.08, up 769.09 points or 0.95%
• Nifty settled at 24,853.15, gaining 243.45 points or 0.99%
• Advances: 2,222 shares
• Declines: 1,571 shares
• Unchanged: 154 shares

Volatility remained modest despite global uncertainty. The India VIX rose slightly by 1%, ending at 17, suggesting market resilience.

Main News

Sectoral Gains:

• Nifty FMCG: +1.58%
• Nifty IT: +1.48%
• Nifty Private Bank: +1.01%
• Nifty Bank: +0.81%
• Nifty Metal, Energy, Infra, Media: Gains between 0.85–0.97%
• Nifty Pharma: Only major laggard, down 0.68%

Mid & Smallcap Rally:

• Nifty Midcap 100: +0.63%
• Nifty Smallcap 100: +0.88%
• YTD Status:
  • Midcaps: Almost breaking even
  • Smallcaps: Still 6% down

Company Highlights

• BSE Ltd: Shares plunged 65% after turning ex-bonus (2:1 bonus issue)
• Sun Pharma: Dropped 3% due to one-time charge and exceptional tax expense tied to US business restructuring
• Bondada Engineering: Hit upper circuit (+10%) after a ₹9,000 Crore project win from Andhra Pradesh govt

Summary of the Article

The Indian stock market showed an impressive recovery in the latest trading session, reflecting positive sentiment despite ongoing global uncertainty. Gains in Sensex and Nifty were supported by sector-wide optimism and easing fears over rising yields.

The "Sensex and Nifty News" highlights the broad-based rally and market resilience amid foreign investment volatility, primarily driven by liquidity and stable macroeconomic indicators.