Stock Market: Stock market opened in green due to strong global signals, buying in auto stocks

By Samira Vishwas On May 22, 2026

Mumbai, 22 May. The Indian stock market opened on a positive note on Friday due to strong global cues. At 9:17 am, the Sensex was at 75,344, up 161 points or 0.21 per cent, and the Nifty was at 23,697, up 40 points or 0.17 per cent. The auto sector was leading the market rise in early trade. Nifty Auto was the top gainer among the indices. Nifty Private Bank, Nifty Financial Services, Nifty Auto, Nifty PSU Bank, Nifty Commodities, Nifty Services, Nifty Metal and Nifty India Defense were also in the green.

Nifty Media, Nifty Healthcare, Nifty Realty, Nifty IT and Nifty Oil & Gas were in the red. There was mixed trading in midcap and smallcap. The Nifty Midcap 100 index was at 61,369, up 68 points or 0.11 per cent. The Nifty Smallcap 100 index was at 17,976 with a weakness of 7 points or 0.04 per cent. HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finserv, Maruti Suzuki, Asian Paints, UltraTech Cement, SBI, NTPC, Tata Steel, Eternal, Bharti Airtel, Titan, Adani Ports, HUL, L&T and Sun Pharma were among the gainers in the Sensex pack.

Power Grid, ITC, Tech Mahindra, Infosys, TCS, BEL and HCL Tech were the losers. Global markets are witnessing a boom. Tokyo, Shanghai, Seoul, Jakarta and Bangkok were in the green. American markets also closed in the green on Thursday. The main index Dow Jones closed in the green with a gain of 0.55 percent and the technology index Nasdaq closed with a gain of 0.09 percent. The reason for the rise in global markets is the indications of easing of tensions from Iran.

Iran’s news agency ISNA says brokered talks between Tehran and Washington are continuing, with the two sides exchanging messages and drafts in an effort to establish the formal framework of an agreement to end the conflict. Foreign institutional investors (FIIs) were net sellers in Thursday’s session as well and sold Rs 1,891.21 crore in the equity market. At the same time, domestic institutional investors (DIIs) made purchases worth Rs 2,492.42 crore.