Sensex Closes Marginally Higher
2026-05-18 10:57
By
Luisa Carvalho
1 min. read
India’s BSE Sensex clawed back early losses to close marginally up at 75,315 on Monday, as buying interest in IT stocks increased amid a weaker rupee and recent strong performance in US techs.
However, sentiment remained fragile amid persistent geopolitical risks linked to the Iran conflict and rising oil prices.
Tech Mahindra, Infosys, Bharti Airtel, Bajaj Finserv, Sun Pharmaceuticals and HCL Tech were among the top performers, rising between 1.2% and 4.4%.
On the downside, Tata Steel dropped 3.2% to the bottom of the index, even after reporting strong fourth-quarter results, with significant margin expansion and improved cash generation.
The stock was penalized by mixed brokerage commentary, with concerns around regulatory headwinds in Europe and delays in key overseas projects.
Other laggards included Power Grid (-3.1%), SBIN (-2.4%) and NTPC (-1.9%).