Today: 19 May 2026
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NSE:SOBHA 5 January 2026 - 6 April 2026

Sensex Jumps 787 Points, Nifty Near 23,000 as Iran Ceasefire Hopes Lift Indian Stocks

Sensex Jumps 787 Points, Nifty Near 23,000 as Iran Ceasefire Hopes Lift Indian Stocks

Indian shares rebounded over 1% Monday, with the Sensex closing up 787 points at 74,106.85 and the Nifty 50 gaining 255 to 22,968.25, after reports of a U.S.-Iran ceasefire framework sent Brent crude down to $107 a barrel. Banks and consumer stocks led gains, while Reliance Industries dropped 3.4% after a diesel export tax hit refining margins. The rupee strengthened 33 paise to 92.85 per dollar.
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 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

  • Kinross Gold Stock Up 96% in One Year: Is It Still a Buy?
    May 19, 2026, 5:12 AM EDT. Kinross Gold (TSX:K) surged 96.4% over the past year but dipped 18.5% last month, closing at C$39.03. Despite this strong rally, a Discounted Cash Flow (DCF) analysis values the stock at C$47.53, implying it is trading at a 17.9% discount and could be undervalued. The DCF method projects future cash flows based on analyst estimates to determine intrinsic value. Kinross Gold's current price-to-earnings (P/E) ratio stands at 11.84, reflecting market sentiment on its profitability and risk. Analysts forecast steady free cash flow through 2030, supporting the bullish valuation. Investors reassessing commodity stocks might find Kinross Gold attractive despite recent volatility, as its fundamentals suggest continued value potential.

Latest articles

Evolution Stock Is Jumping—The €2 Billion Reason Investors Are Watching

Evolution Stock Is Jumping—The €2 Billion Reason Investors Are Watching

19 May 2026
Stockholm, May 19, 2026, 11:01 (CEST) Evolution AB shares jumped in Stockholm on Tuesday after the online casino technology group announced a €2 billion share buyback, giving investors a large and immediate capital-return story after months of concern over regulation and slowing European growth. The stock traded at 723.80 Swedish crowns at 10:51 a.m. local time, up 9.07%, after touching 746.60 crowns earlier in the session, according to Google Finance data. Evolution said late Monday that its board had resolved to start the buyback immediately. (Google) This matters now because the buyback, where a company purchases its own shares and
NextEra shares dip after $66.8B Dominion deal—What’s on traders’ radar now

NextEra shares dip after $66.8B Dominion deal—What’s on traders’ radar now

19 May 2026
NextEra Energy shares fell 4.6% to $89.04 late Monday after announcing a $66.8 billion stock-led merger with Dominion Energy, whose shares rose 9.4% to $67.56. The deal would create one of the world’s largest electric utilities, serving about 10 million customer accounts and owning 110 gigawatts of generation across four states.
Costco Stock Just Hit a High—Here’s the Next Thing Traders Are Watching

Costco Stock Just Hit a High—Here’s the Next Thing Traders Are Watching

19 May 2026
Costco shares closed Monday up 2.62% at $1,076.47, marking a fifth straight gain and outpacing Walmart and Target. April net sales rose 13% to $23.92 billion, with comparable sales up 11.6%. The company will report fiscal third-quarter earnings on May 28. Analysts’ average price target is $1,072.91, just below Monday’s close.

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Figma shares test rebound as AI bet delivers

Figma shares test rebound as AI bet delivers

18 May 2026
Figma traded at $23.20 Monday afternoon, valuing the company at $12.1 billion. First-quarter revenue jumped 46% to $333.4 million, and the company raised its 2026 revenue forecast to up to $1.428 billion. Paid customers rose 54% to about 690,000. Figma posted a GAAP net loss of $142.4 million but reported $56.5 million in non-GAAP net income.
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