Today: 22 May 2026
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NSE:LICHSGFIN 22 May 2026

India Shares Climb Even as Oil Hovers Near $105

India Shares Climb Even as Oil Hovers Near $105

Indian shares rose Friday, with the NSE Nifty 50 up 0.69% at 23,818.25 by 13:15 IST, led by private banks and select earnings gains. HDFC Bank and ICICI Bank climbed about 2% each. Central Bank of India dropped after the government launched an offer for sale of up to 8%. Oil prices, rupee moves, and possible RBI rate hikes continued to weigh on sentiment.

Stock Market Today

  • Confusion Over Jim Chalmers' Claims on Young Australians' Share Ownership
    May 22, 2026, 5:08 AM EDT. Treasurer Jim Chalmers sparked confusion after citing a figure on young Australians' share ownership during an interview with youth outlet The Daily Aus. The claim, made while promoting federal budget proposals on capital gains tax and negative gearing, quickly went viral. The disagreement centered on how many young people actually own shares in Australia, highlighting uncertainty about youth engagement in stock markets. This episode underscores the challenges in communicating financial policy impacts to younger investors, who remain a critical demographic for market growth and investment literacy initiatives.

Latest articles

IBM shares get $1 billion quantum boost from Washington move

IBM shares get $1 billion quantum boost from Washington move

22 May 2026
IBM shares jumped 12.4% to $252.97 on Thursday after the company and the U.S. Commerce Department announced a proposed $1 billion award for a new quantum-chip foundry, Anderon. Trading volume reached 25.5 million shares, over five times Wednesday’s level. The funding is tied to definitive agreements and ongoing technical challenges in quantum computing.
D-Wave Shares Climb After $100 Million U.S. Quantum Deal Adds Washington as Shareholder

D-Wave Shares Draw Investor Interest After Washington Quantum Funding

22 May 2026
D-Wave Quantum traded near $28 in early premarket Friday after signing a letter of intent for $100 million in proposed U.S. funding, giving the Commerce Department an equity stake. Shares closed Thursday at $25.73, up 33.4%. The deal is not final and could be delayed or canceled. D-Wave reported $588.4 million in cash at March 31, with Q1 revenue down 81% to $2.9 million and a net loss of $18.4 million.
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