Today: 19 May 2026
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NSE:CSBBANK 5 January 2026

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

India’s Nifty 50 index hit a record high before closing down 0.30% at 26,250.3 on Monday; Sensex fell 0.38% to 85,439.62. IT stocks led declines after broker warnings and ahead of results, while U.S. tariff threats and geopolitical tensions weighed on sentiment. HDFC Bank slipped on slower deposit growth. Some stocks including Bharat Electronics and Nestle India bucked the trend.
India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

CSB Bank shares jumped 7.8% to a record high after reporting 21% deposit growth and a 29% rise in gross advances for the December quarter. Financial stocks rallied, with the BSE Financial Services index and major lenders like State Bank of India and Bank of Baroda hitting new highs. Ujjivan Small Finance Bank also posted strong deposit and loan growth, while its gross NPA ratio improved. Indian benchmark indexes were little changed overall.
India Stock Market Today: Nifty Hit a Record — Then IT Stocks Pulled the Plug

India Stock Market Today: Nifty Hit a Record — Then IT Stocks Pulled the Plug

Nifty 50 hit a record 26,358.25 before slipping to 26,321 in mid-session, while Sensex hovered near 85,665. Nifty IT dropped 2.5% after a CLSA downgrade, with HCLTech down 3.3% and Tech Mahindra off 2%. The rupee traded near 90.2425 per dollar amid strong dollar demand at the RBI fix. U.S. tariff threats and weak IT weighed on risk appetite.

Stock Market Today

  • US Stocks Slip as Bond Markets Intensify Pressure
    May 19, 2026, 5:38 PM EDT. U.S. stocks edged lower Tuesday, with the S&P 500 down 0.7%, marking its third consecutive loss after hitting all-time highs. The Dow Jones Industrial Average also declined, reflecting investor caution. Bond market activity is increasing pressure on equities, signaling concerns over rising yields. This shift underscores market uncertainty amid evolving economic conditions.

Latest articles

Skillz Stock Jumps 18% as Traders Eye $420 Million Papaya Verdict

Skillz Stock Jumps 18% as Traders Eye $420 Million Papaya Verdict

19 May 2026
Skillz shares rose 18.2% to $7.80 Tuesday, valuing the company near $120 million. Investors focused on a June court decision after a federal jury ordered Papaya Gaming to pay $420 million in damages for false advertising. Skillz reported a first-quarter net loss of $10.9 million on $29.1 million revenue. The court has not finalized the damages award.
CleanSpark rises after Wall Street notes AI power angle

CleanSpark rises after Wall Street notes AI power angle

19 May 2026
CleanSpark shares rose 9.3% to $14.69 late Tuesday after Bernstein highlighted bitcoin miners’ potential as AI data-center power providers. The move outpaced bitcoin and peers, despite CleanSpark’s recent 25% revenue drop and $378.3 million net loss. Bernstein set a $24 target, citing $90 billion in AI-related deals across the sector. CleanSpark reported 1.8 gigawatts under contract and nearly $1.2 billion in liquidity at March 31.
Kraken Robotics Shares Climb as PNG Recovers After TSXV Holiday

Kraken Robotics Shares Climb as PNG Recovers After TSXV Holiday

19 May 2026
Kraken Robotics shares closed up 2.2% at C$7.44 Tuesday, outperforming the TSX Composite’s 0.3% drop. The move followed no new company disclosures, with investors focusing on the pending C$615 million Covelya acquisition and 2026 guidance. Trading volume reached 1.48 million shares. Kraken recently reported 2025 revenue of C$102.2 million and guided 2026 revenue to C$165–175 million.
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