Indian Markets Rise, Rupee Falls
Analysis based on 6 articles · First reported May 14, 2026 · Last updated May 15, 2026
The Indian stock markets, represented by the S&P BSE Sensex and NIFTY 50, rose for the second consecutive day, driven by strong performance in telecom and banking sectors, notably Bharti Airtel and HDFC Bank. However, the India — Indian rupee hit a record low against the US dollar due to elevated Brent Crude prices and foreign fund outflows, indicating underlying economic pressures despite the equity market gains.
Indian stock markets experienced a volatile but positive trading session on Thursday, May 14, 2026, with the S&P BSE Sensex jumping nearly 790 points and the NIFTY 50 climbing 277 points. This rally marked the second consecutive day of gains, primarily fueled by value buying in telecom, pharma, and private banking shares. Bharti Airtel emerged as the top gainer, with its annual revenue crossing the Rs 2 lakh crore mark for the first time, contributing significantly to the S&P BSE Sensex's rise alongside HDFC Bank. Conversely, IT stocks like Infosys, Mahindra & Mahindra, HCLTech, and Tata Consultancy Services ended lower. Despite the equity market's recovery, the India — Indian rupee depreciated to a record low against the US dollar, influenced by high Brent Crude prices and substantial outflows from Foreign Institutional Investors. Investor confidence was partially bolstered by expectations of government measures to address the rupee's weakness and positive cues from a Trump-Xi summit.
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