Today: 19 May 2026
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NSE:OIL 29 September 2025 - 28 April 2026

India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally

India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally

Sensex dropped 359 points to 76,944.91 and Nifty 50 fell 86 points to 24,006.70 by 2 p.m. in Mumbai. State-run banks led declines after the RBI finalized new expected credit-loss rules, with the Nifty PSU Bank index down nearly 2%. Coal India, ONGC, and Oil India gained on earnings and firm crude prices but failed to offset broader losses. Market breadth was negative, with more stocks falling than rising.
India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

Nifty 50 rose 0.66% and Sensex gained 0.60% at Wednesday’s close, marking a second straight day of gains. Defence, infrastructure, and energy stocks led advances ahead of the Feb. 1 budget. Oil India surged 9.6% and Bharat Electronics hit a record after strong earnings. The rupee edged lower as traders watched for the U.S. Fed decision.
Asian Markets Rally on Tech and Energy Gains – Investors Eye U.S. Shutdown Risk

Asian Markets Rally on Tech and Energy Gains – Investors Eye U.S. Shutdown Risk

Hong Kong’s Hang Seng rose 1% and South Korea’s KOSPI gained 1.3% Monday, while Japan’s Nikkei 225 slipped 0.8%. Energy stocks led gains in India, with Oil India up 2.2% after a gas find. China’s factory PMI is forecast below 50 for September, signaling continued contraction. U.S. government shutdown fears and new tariffs weighed on global sentiment as the dollar eased to ¥148.9.

Stock Market Today

  • Yacktman Asset Management Cuts Alphabet Inc. Stake Amid Mixed Institutional Moves
    May 19, 2026, 2:13 PM EDT. Yacktman Asset Management LP reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 3.1% in Q4, selling 36,606 shares and holding 1,129,807 shares valued at $354.5 million, representing 5% of its portfolio. Other institutional investors showed varied activity with Brighton Jones LLC and Worldquant Millennium Advisors LLC increasing their holdings significantly. Alphabet's stock saw multiple analyst ratings, including 'outperform' and 'buy' with target prices ranging from $345 to $450, reflecting positive sentiment from firms like Scotiabank, TD Cowen, and Deutsche Bank. Institutional investors own 27.26% of Alphabet's shares. The stock remains a top focus amid ongoing trading by hedge funds and asset managers.

Latest articles

Why Recursion Stock Just Hit a 52-Week Low — and the FDA Update Traders Are Waiting For

Why Recursion Stock Just Hit a 52-Week Low — and the FDA Update Traders Are Waiting For

19 May 2026
New York, May 19, 2026, 2:04 PM EDT Recursion Pharmaceuticals shares fell in Tuesday afternoon trading after touching a fresh 52-week low, keeping pressure on one of the better-known AI drug-discovery names even as the company points to clinical progress and a cash runway into 2028. The stock was recently down about 2.2% at $2.825, after trading as low as $2.77, with volume above 10 million shares and a market value near $1.49 billion. Investing.com reported earlier Tuesday that Recursion had hit a 52-week low at $2.79 and said the shares were down about 36% over the past year. (Investing.com)
Wall Street’s Top Picks for U.S. Stocks as Yields Stay High

Wall Street’s Top Picks for U.S. Stocks as Yields Stay High

19 May 2026
U.S. stocks fell Tuesday as the 10-year Treasury yield reached its highest point since January 2025, pressuring growth shares. Nvidia drew the most attention ahead of its earnings, with options markets pricing in a possible $355 billion swing in value. Dell highlighted new AI infrastructure partnerships, while ServiceNow received a fresh Buy rating from Bank of America.
Nvidia’s Earnings Could Make or Break the AI Stock Trade

Nvidia’s Earnings Could Make or Break the AI Stock Trade

19 May 2026
Nvidia rose 0.8% ahead of its earnings report, while CoreWeave dropped 3.7% after Google and Blackstone announced a $5 billion U.S. AI cloud venture using Google’s custom TPUs. The new venture will offer 500 megawatts of data-center capacity by 2027. AMD and Micron also gained, but Microsoft and Broadcom slipped. Investors are watching whether Nvidia can maintain dominance as competition in AI inference intensifies.
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