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Polycab India touched a new 52-week high of ₹9,239 after posting record Q4 FY26 results. Strong growth in the wires & cables segment, rising market share, robust FMEG performance, and positive long-term growth outlook boosted investor sentiment.

Asian equity markets ended lower on May 15, 2026, amid a sharp technology-led selloff, rising geopolitical tensions, and surging crude oil prices. South Korea’s KOSPI plunged over 6%, while Japan’s Nikkei and Hong Kong’s Hang Seng also witnessed steep declines. India’s Nifty slipped marginally as investors tracked weak global cues, higher oil prices, and inflation concerns.

The Indian benchmark indices staged a strong recovery on May 14, 2026, driven by strong quarterly earnings, bargain buying, and improving global sentiment. Pharma, healthcare, metal, and financial stocks witnessed robust gains, while IT shares remained under pressure due to rising concerns over AI-led disruption in the outsourcing sector. Cipla, Adani Enterprises, Bharti Airtel, and Zydus Lifesciences emerged among the top trending stocks of the day.

Asian equities traded mixed on Thursday as global investors closely monitored the Trump-Xi summit in Beijing. South Korea’s KOSPI extended record highs led by Samsung Electronics, while Japan’s Nikkei reversed sharply lower after Fujikura’s weak outlook. China’s Shanghai Composite fell despite diplomatic optimism, and India’s Nifty gained over 1% on strong pharma buying even as IT stocks remained under pressure amid elevated oil prices.

Indian benchmark indices ended slightly lower on May 15, 2026, amid record rupee weakness, surging crude oil prices, and cautious global sentiment. While IT, FMCG, and Pharma sectors provided support, heavy selling in Metal, Defence, PSU Bank, Realty, and Oil & Gas stocks kept markets under pressure. Tata Motors Passenger Vehicles and Kirloskar Oil Engines emerged among key gainers after strong quarterly earnings, while Voltas declined sharply on margin pressure concerns.

The Maharashtra Government has reduced VAT on Aviation Turbine Fuel (ATF) from 18% to 7% until November 14, providing major relief to airlines such as InterGlobe Aviation and Air India as jet fuel prices surge due to the West Asia conflict.

Multi Commodity Exchange of India (MCX) has emerged as one of the strongest-performing financial stocks of 2026, rallying nearly 50% amid record profits, rising commodity trading activity, and strong investor interest in exchange-based businesses. Higher volatility in bullion and energy markets, along with growing retail participation, has significantly boosted the company’s earnings and market confidence.

JSW Steel shares touched a fresh 52-week high of ₹1,314 after the company reported robust Q4 FY26 earnings, exceptional gains from the BPSL transaction, record revenue, and significant debt reduction. Strong steel demand, expansion plans, and bullish brokerage outlooks further strengthened investor confidence in the stock.

Tata Motors Passenger Vehicles delivered a record Q4 FY26 performance driven by strong demand for Nexon and Punch SUVs, rising EV sales, and improved profitability. The company posted a 49% jump in revenue, achieved its highest-ever quarterly sales, and maintained leadership in India’s EV segment with a 40.2% market share.

Tata Elxsi shares touched a new 52-week low of ₹3,945 amid intense selling pressure across IT stocks. Rising concerns over AI-led disruption, weak global technology sentiment, and fears around changing outsourcing models weighed heavily on investor confidence despite the company reporting record quarterly revenue and profitability.