The Indian stock market ended Friday’s session on May 22, 2026, with modest gains amid a volatile trading environment. The NIFTY 50 closed at 23,719.30, up 64.60 points or 0.27%, as the market oscillated between gains and losses through the day.
A tug of war between bulls and bears was evident, with early recovery attempts being capped by selling pressure at higher levels. Meanwhile, a strengthening rupee provided some relief to investor sentiment after recent weakness.
The benchmark index opened higher and gained momentum during the first half of the session. However, profit booking at elevated levels led to a partial erosion of gains as the day progressed.
The Indian rupee extended its recovery, appreciating to 95.7 against the US dollar from its recent low of 96.96 on May 20. This improvement was supported by continued intervention from the Reserve Bank of India, which helped stabilise currency sentiment.
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| Trent | 4,303.00 | 132.60 | 3.18 | 10.88 | 463.79 |
| Shriram Finance | 942.00 | 27.25 | 2.98 | 54.15 | 505.88 |
| Axis Bank | 1,287.00 | 33.70 | 2.69 | 50.17 | 642.30 |
| ICICI Bank | 1,267.20 | 24.40 | 1.96 | 116.01 | 1,466.77 |
| Wipro | 202.97 | 3.23 | 1.62 | 400.14 | 813.49 |
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| Max Healthcare | 1,023.05 | -68.05 | -6.24 | 117.11 | 1,205.55 |
| Sun Pharma | 1,840.00 | -51.30 | -2.71 | 36.11 | 670.86 |
| ONGC | 289.95 | -5.90 | -1.99 | 115.63 | 337.11 |
| ITC | 302.05 | -6.00 | -1.95 | 307.52 | 933.78 |
| Power Grid | 294.15 | -5.40 | -1.80 | 151.05 | 446.24 |
Banking stocks showed strength, with gains in Axis Bank and ICICI Bank supporting the index. Select financial and IT stocks also contributed positively, helping maintain the market’s upward bias.
In contrast, healthcare stocks witnessed sharp declines, led by Max Healthcare and Sun Pharma. Energy and FMCG stocks also saw mild selling pressure, reflecting continued caution among investors.
Read More: Indian Stock Market on FPIs' Sell Radar.
The NIFTY 50 ended May 22, 2026, on a mildly positive note amid choppy trading conditions. Trent and Shriram Finance led the gains, supported by buying in financial and select IT stocks.
However, sharp declines in Max Healthcare and broader weakness in pharmaceuticals limited the upside. Overall, the session reflected a balanced market with improving currency conditions offset by continued profit booking at higher levels.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing
Published on: May 22, 2026, 4:25 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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