Stock Markets Today (May 14, 2026): Markets Open Higher on Trump-Xi Summit Hopes; Sensex Surges 398 pts 

Mumbai, May 14: Indian equity markets opened Thursday’s session on a firm note, with investors drawing comfort from improving global sentiment ahead of the high-stakes Trump-Xi summit and signs that diplomatic efforts around the Iran conflict may yet bear fruit.  

The BSE Sensex surged 397.73 points or 0.53% to 75,006.71, while the Nifty 50 climbed 156.20 points or 0.67% to 23,568.80 at 9:18 am, building on Wednesday’s recovery that snapped a four-session losing streak. The opening gains reflect a cautious but discernible shift in investor mood, with broad-based buying visible across pharma, metal, oil-linked and infrastructure counters. Markets appear to be pricing in the possibility that the Trump-Xi meeting could unlock some diplomatic momentum on the Iran front, reducing the geopolitical premium that has weighed on sentiment in recent sessions. 

Gainers and Losers 

Among the Nifty 50 gainers at the open, Cipla led the pack with a sharp 7.11% advance to ₹1,422.00 from its previous close of ₹1,327.60, followed by Adani Enterprises which gained 3.72% to ₹2,591.00. Adani Ports rose 1.74% to ₹1,768.00, while NTPC and Power Grid both added 1.69% each to trade at ₹397.05 and ₹306.60, respectively. On the losing side, IT stocks bore the brunt of selling — HCL Technologies slipped 1.34% to ₹1,127.90, TCS fell 0.99% to ₹2,250.30, and Tech Mahindra shed 0.87% to ₹1,363.00, while Dr. Reddy’s declined 0.58% to ₹1,258.00 and Infosys eased 0.43% to ₹1,118.30. 

Broader and Sectoral Markets 

In the broader markets, the Nifty Midcap 100 opened 0.65% higher at 60,557.15 and the Nifty Smallcap 100 gained 0.70% to 18,120.80, with buying spread across market capitalisations. The Nifty Midcap 50 rose 0.61% to 17,262.30, while the Nifty Next 50 climbed 0.77% to 69,700.95, suggesting healthy risk appetite beyond the large-cap space. On the sectoral front, Nifty Pharma led gains with a 1.38% advance to 24,226.55, followed by Nifty Metal which rose 1.23% to 13,453.80. Nifty Infrastructure gained 0.97% to 9,327.70 and Nifty Oil & Gas added 0.70% to 11,517.05. On the losing side, Nifty IT continued its recent slide, declining 0.99% to 27,639.60, while Nifty Consumer Durables barely moved, inching up a marginal 0.11% to 35,251.75 — underperforming the broader market by a wide margin. 

Middle East Conflict 

The Iran conflict remained the dominant macro overhang for global markets, with ceasefire prospects looking increasingly fragile as US President Donald Trump’s aides look to Beijing — the largest buyer of Iranian oil — to persuade Tehran to return to the negotiating table. Trump is expected to raise the issue directly with Chinese President Xi Jinping at their summit today, though analysts caution that China has competing strategic interests that may limit the concessions Xi is willing to extract from Iran. The Strait of Hormuz, which Iran’s military has throttled, carries a fifth of the world’s oil supplies, making its reopening a shared economic priority for both Washington and Beijing. However, Iran remains a critical strategic ally and regional counterweight for China, complicating any expectation of a swift resolution. 

Asian Markets 

Asian markets opened mixed on Thursday morning, with the Hang Seng Index advancing 0.62% to 26,551.46 and Japan’s Nikkei 225 rising 0.28% to 63,448.87, suggesting cautious optimism ahead of the Trump-Xi summit. On the downside, Indonesia’s JSX Composite fell 1.98% to 6,723.32 and Pakistan’s KSE 100 slipped 0.87% to 1,67,451.14, with the Shanghai Composite also retreating 0.66% to 4,214.76. 

US Markets 

Wall Street closed Wednesday’s session on a broadly positive note, with the Nasdaq Composite leading gains at 1.20% to settle at 26,402.34, supported by technology buying, while the S&P 500 rose 0.58% to 7,444.25. The Dow Jones Industrial Average, however, slipped a marginal 0.14% to 49,693.20, as investors weighed concerns around possible interest rate hikes against improving risk sentiment ahead of the Trump-Xi meeting. 

Oil Prices 

Oil prices edged up on Thursday as traders awaited the Trump-Xi summit, with Brent crude futures rising 13 cents or 0.12% to $105.76 a barrel, while US West Texas Intermediate futures gained 12 cents or 0.12% to $101.14. Both benchmark contracts had retreated on Wednesday — Brent falling more than $2 a barrel and WTI dropping over $1 — as investors fretted over the possibility of US interest rate hikes, though Thursday’s modest recovery suggests the Iran war premium remains firmly embedded in energy prices. 

Wednesday’s Session 

Indian markets ended Wednesday marginally higher, with the Sensex rising 49.7 points to settle at 74,608.98 and the Nifty climbing 33 points to 23,413, snapping a four-session losing streak on the back of metal, oil-linked and consumer stock buying. Market breadth was encouraging, with 2,328 stocks advancing against 1,690 declines, and the Nifty Midcap 100 outperforming benchmarks with a 0.8% gain. HPCL surged over 5% after strong earnings, while Nifty IT fell 1.13% for a second consecutive session and the auto index declined nearly 1%. India VIX edged up 0.73% to 19.42, signalling caution rather than outright fear — a reading that, in the context of Wednesday’s recovery, points toward a market finding its footing. 

 Source: https://www.nseindia.com/market-data/live-market-indices 

https://www.nseindia.com/market-data/top-gainers-losers 

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