Indian Stock Market Highlights: Key Players and Trends on May 15
Stocks to Watch: Tata Motors PV, Adani Enterprises, JSW Steel, Bharti Airtel, among other stock in focus today - 15 May
Mint
Image: Mint
On May 14, Indian benchmark indices saw significant gains, with the Sensex rising by 789.74 points to close at 75,398.72. Bharti Airtel led the rally, surging over 5% after reporting annual revenues exceeding ₹2 lakh crore. Key stocks to watch include Tata Motors, Adani Enterprises, and JSW Steel, as they prepare for quarterly results and strategic developments.
- 01Sensex gained 789.74 points to close at 75,398.72.
- 02Bharti Airtel's revenue surpassed ₹2 lakh crore for the first time.
- 03Wholesale price inflation reached a 42-month high of 8.3%.
- 04JSW Steel's net profit increased elevenfold to ₹16,370 crore.
- 05Tata Motors reported a 32% decline in net profit for FY26.
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On May 14, Indian stock markets rallied for the second consecutive day, with the Sensex climbing 789.74 points (1.06%) to close at 75,398.72. The Nifty 50 also rose by 277 points (1.18%), driven by strong performances in telecom, pharma, and private banking sectors. Bharti Airtel emerged as the top gainer, with its shares soaring over 5% after announcing that its annual revenue had surpassed ₹2 lakh crore for the first time. This surge contributed nearly ₹6.82 lakh crore to the market capitalization of companies listed on the Bombay Stock Exchange (BSE), bringing the total market value to approximately ₹462.85 lakh crore (around $4.83 trillion). Meanwhile, wholesale price inflation reached a 42-month high of 8.3%, primarily due to rising energy costs linked to geopolitical tensions in West Asia. Stocks to watch include Tata Motors, which reported a 32% decline in net profit for FY26, and JSW Steel, which saw its net profit increase elevenfold to ₹16,370 crore for the March quarter. Other notable mentions include Adani Enterprises, DLF, and Ola Electric, as they prepare for significant developments and quarterly results.
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The rise in stock prices can lead to increased investor confidence and potentially higher consumer spending, benefiting the overall economy.
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