{"id":11883,"date":"2026-05-14T05:31:14","date_gmt":"2026-05-14T05:31:14","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=11883"},"modified":"2026-05-14T05:34:53","modified_gmt":"2026-05-14T05:34:53","slug":"market-opening-bell-14-may-2026-sensex-gains-400-pts","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/market-updates\/market-opening-bell-14-may-2026-sensex-gains-400-pts\/","title":{"rendered":"Market Opening Bell 14 May 2026: Sensex gains 400 pts"},"content":{"rendered":"
\"Market<\/figure>\n\n\n

Indian equities opened higher on Thursday, with the Sensex<\/strong> jumping over 400 points<\/strong> to reclaim 75,000<\/strong> and the Nifty 50<\/strong> moving above 23,500<\/strong>, as positive global cues and buying in metals and pharma outweighed pressure from a record-weak rupee and elevated crude prices. Volatility eased, with India VIX slipping, even as Brent crude traded above $105<\/strong> a barrel and the rupee hovered near 95.8<\/strong> against the dollar.<\/p>\n\n\n\n

Market overview<\/h2>\n\n\n\n
Index<\/strong><\/td>14 May Opening \/ Early Trade<\/strong><\/td>Move & % Change<\/strong><\/td>Comments<\/strong><\/td><\/tr>
Sensex<\/strong><\/td>crossed 75,000 after open<\/td>approx. +400 pts (around +0.5%)<\/td>Extended previous day\u2019s rebound; second straight positive session.<\/td><\/tr>
Nifty 50<\/strong><\/td>23,523\u201323,550 zone<\/td>+111 pts at 23,523; around +0.5%<\/td>Opened above 23,500, tracking firm global cues.<\/td><\/tr>
Nifty Smallcap 100<\/strong><\/td>early trade<\/td>up to +0.7%<\/td>Outperformed large caps, indicating broader risk appetite.<\/td><\/tr>
Nifty Midcap 100<\/strong><\/td>early trade<\/td>up to +0.7%<\/td>Gains in midcaps alongside smallcaps.<\/td><\/tr>
India VIX<\/strong><\/td>18.68<\/td>-4%<\/td>Volatility cooled after recent spike.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Note: figures are approximate; final exchange data not available at time of publication.<\/p>\n\n\n\n

    \n
  • GIFT Nifty<\/strong> traded around 23,540\u201323,545<\/strong>, signalling a positive gap-up start.<\/li>\n\n\n\n
  • Wednesday\u2019s session had snapped a four-day losing streak for benchmarks.<\/li>\n\n\n\n
  • Previous close: Sensex 74,608.98<\/strong>, Nifty 50 23,412.60<\/strong>.<\/li>\n<\/ul>\n\n\n\n

    Key movers<\/h2>\n\n\n\n
    Top Gainers<\/strong><\/td>Sector<\/strong><\/td>Notable Factor<\/strong><\/td><\/tr>
    Bharti Airtel<\/strong><\/td>Telecom<\/td>Q4 earnings beat expectations, leading gains on Sensex.<\/td><\/tr>
    Adani Ports & SEZ<\/strong><\/td>Ports & logistics<\/td>Stock up around 1% in early trade.<\/td><\/tr>
    Tata Steel<\/strong><\/td>Metals<\/td>Benefited from sectoral strength; buy calls cited.<\/td><\/tr>
    Trent<\/strong><\/td>Retail<\/td>Early gains of around 1%.<\/td><\/tr>
    Bharat Electronics<\/strong><\/td>Defence electronics<\/td>Traded higher in opening deals.<\/td><\/tr>
    Power Grid<\/strong><\/td>Utilities<\/td>Supported indices with early gains.<\/td><\/tr>
    Maruti Suzuki<\/strong><\/td>Auto<\/td>Among notable large-cap gainers.<\/td><\/tr>
    L&T<\/strong><\/td>Capital goods<\/td>Participated in early rebound.<\/td><\/tr>
    Adani Enterprises<\/strong><\/td>Diversified<\/td>Jumped about 5% after large block trade.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    Top Losers<\/strong><\/td>Sector<\/strong><\/td>Notable Factor<\/strong><\/td><\/tr>
    InterGlobe Aviation (IndiGo)<\/strong><\/td>Aviation<\/td>Declined around 1% despite broader market gains.<\/td><\/tr>
    TCS<\/strong><\/td>IT services<\/td>IT pack under pressure, traded in red.<\/td><\/tr>
    HCLTech<\/strong><\/td>IT services<\/td>Saw marginal losses in early trade.<\/td><\/tr>
    Tech Mahindra<\/strong><\/td>IT services<\/td>Extended weakness amid sector underperformance.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
      \n
    • Block deal in Jio Financial Services<\/strong>: about 26.8 lakh shares<\/strong> changed hands at \u20b9231.40<\/strong>.<\/li>\n\n\n\n
    • Select defensives and exporters gained traction amid rupee weakness.<\/li>\n<\/ul>\n\n\n\n

      Sectoral action<\/h2>\n\n\n\n
      Sector\/Index<\/strong><\/td>Direction (approx.)<\/strong><\/td>Key Drivers<\/strong><\/td><\/tr>
      Nifty Pharma<\/strong><\/td>up over 1%<\/td>Benefited from defensive buying and rupee depreciation tailwind.<\/td><\/tr>
      Nifty Metal<\/strong><\/td>up over 1%<\/td>Strength in industrials and positive risk sentiment.<\/td><\/tr>
      Banking<\/strong><\/td>flat to mildly positive<\/td>Provided stability; no clear directional move early.<\/td><\/tr>
      IT<\/strong><\/td>down over 1%<\/td>Under pressure despite weaker rupee; global tech volatility cited.<\/td><\/tr>
      Realty, Media, Auto, Consumer<\/strong><\/td>mildly down<\/td>Cautious stance on growth-sensitive pockets.<\/td><\/tr>
      Healthcare, Chemicals, Midcap-heavy baskets<\/strong><\/td>positive<\/td>Selective buying in defensives and industrial plays.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
        \n
      • Market breadth improved, with gains in midcap and smallcap indices up to 0.7%<\/strong>.<\/li>\n\n\n\n
      • Participation remained balanced but with a slightly cautious undertone.<\/li>\n<\/ul>\n\n\n\n

        Technical outlook<\/h2>\n\n\n\n

        Nifty 50 key levels<\/strong> (intraday and near term):<\/h3>\n\n\n\n
          \n
        •   Immediate resistance: 23,500\u201323,600<\/strong> band, followed by 23,680<\/strong> and 24,000<\/strong>.<\/li>\n\n\n\n
        •   Immediate support: 23,350\u201323,400<\/strong> zone; next supports at 23,250<\/strong> and 23,100\u201323,150<\/strong>.<\/li>\n\n\n\n
        •   Major support: 23,000<\/strong>; breach on closing basis could open 22,600<\/strong> and 22,200<\/strong>.<\/li>\n<\/ul>\n\n\n\n

          Sensex levels<\/strong>:<\/h3>\n\n\n\n
            \n
          • Resistance: 75,000<\/strong>; above that, 75,500\u201375,700<\/strong>.<\/li>\n\n\n\n
          • Support: 74,500<\/strong> initially, then 74,200<\/strong> and 74,000<\/strong>.<\/li>\n<\/ul>\n\n\n\n

            Bank Nifty<\/strong>:<\/h3>\n\n\n\n
              \n
            • Hovering near crucial support at 53,500<\/strong>.<\/li>\n\n\n\n
            • Sustained move below could target 51,800<\/strong> and 50,000<\/strong>.<\/li>\n<\/ul>\n\n\n\n
                \n
              • Nifty remains below key moving averages, which are downward sloping.<\/li>\n\n\n\n
              • Derivatives data show heavy call writing at 23,500\u201323,600<\/strong>, indicating stiff resistance.<\/li>\n\n\n\n
              • Nifty Put-Call Ratio around 0.93<\/strong>, reflecting cautious positioning.<\/li>\n\n\n\n
              • A push beyond 23,680<\/strong> is needed to confirm strength in the current upswing, per technical commentary.<\/li>\n<\/ul>\n\n\n\n

                Macro, currency and commodities<\/h2>\n\n\n\n
                Statistic<\/strong><\/td>Value\/Change<\/strong><\/td>Context<\/strong><\/td><\/tr>
                USD\/INR<\/strong><\/td>around 95.73\u201395.79<\/td>Rupee near record low; briefly hit fresh historic low past 95.79.<\/td><\/tr>
                Brent crude<\/strong><\/td>about $105.76\u2013$105.89 per barrel<\/td>Elevated amid US\u2013Iran conflict and Strait of Hormuz closure.<\/td><\/tr>
                WTI crude<\/strong><\/td>about $101.14\u2013$101.34 per barrel<\/td>Firm above $100, keeping import bill concerns alive.<\/td><\/tr>
                Gold (MCX futures, June)<\/strong><\/td>around \u20b91,61,027 \/10g, -0.7%<\/td>Eased on MCX as traders tracked Trump\u2013Xi talks, Iran war.<\/td><\/tr>
                Silver (MCX futures, July)<\/strong><\/td>around \u20b92,96,879 \/kg, -1.1%<\/td>Declined in line with global cues.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                  \n
                • Rupee opened weaker by about 8 paise<\/strong> at 95.74<\/strong> after hitting an all-time low of 95.795<\/strong> on Wednesday.<\/li>\n\n\n\n
                • Traders indicated the central bank likely sold dollars to slow the rupee\u2019s fall.<\/li>\n\n\n\n
                • Brent\u2019s move above $106<\/strong> reflects supply disruption from the prolonged Strait of Hormuz closure.<\/li>\n\n\n\n
                • “Continuous rupee depreciation is becoming a major macro threat for the economy… Sustained depreciation of rupee has negative implications for the market. Imported inflation will rise. Margins of companies with petroleum based inputs will be impacted. Exporters will benefit. Pharmaceuticals will be a safe bet… Textiles will also benefit. IT, though a potential gainer, will remain under pressure due to the Anthropic shock.” – VK Vijayakumar, Chief Investment Strategist, Geojit Investments<\/strong>.<\/li>\n<\/ul>\n\n\n\n

                  Global cues<\/h2>\n\n\n\n
                  Market\/Asset<\/strong><\/td>Movement<\/strong><\/td>Notes<\/strong><\/td><\/tr>
                  S&P 500 futures<\/strong><\/td>about +0.2%<\/td>Followed overnight gains led by technology shares.<\/td><\/tr>
                  Japan Nikkei 225<\/strong><\/td>around +0.37% intraday<\/td>Hit fresh record high on tech optimism.<\/td><\/tr>
                  Japan Topix<\/strong><\/td>around -0.4%<\/td>Broader market lagged despite Nikkei strength.<\/td><\/tr>
                  Australia S&P\/ASX 200<\/strong><\/td>about -0.2%<\/td>Traded lower in early session.<\/td><\/tr>
                  Hong Kong Hang Seng<\/strong><\/td>around +1.1%<\/td>Futures indicated higher open; risk-on tone.<\/td><\/tr>
                  Kospi, Kosdaq<\/strong><\/td>up over 1%<\/td>Korean indices rallied on tech-led risk appetite.<\/td><\/tr>
                  Nasdaq Composite<\/strong><\/td>about +1.2% overnight<\/td>AI-linked tech stocks drove gains.<\/td><\/tr>
                  S&P 500<\/strong><\/td>about +0.58% overnight<\/td>Closed at record high on tech strength.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
                    \n
                  • Investors tracked the meeting between US President Donald Trump and China\u2019s President Xi Jinping for signals on the US\u2013Iran conflict and trade ties.<\/li>\n\n\n\n
                  • US producer prices rose 1.4%<\/strong> in April, the biggest increase in four years, keeping rate expectations firm.<\/li>\n\n\n\n
                  • US 10-year Treasury yield hovered near 4.5%<\/strong>, with 30-year yields above 5%<\/strong>.<\/li>\n<\/ul>\n\n\n\n

                    FAQ<\/h2>\n\n\n
                    \n
                    \n
                    \n

                    Why did Sensex and Nifty open higher despite a weak rupee and high crude?<\/strong><\/h3>\n
                    \n\n

                    Positive global cues, especially a rally in US and Asian technology stocks, and buying in domestic metals, pharma and select large caps helped offset concerns around the rupee and crude.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Which sectors look relatively better positioned in the current setup?<\/strong><\/h3>\n
                    \n\n

                    Pharmaceuticals and textiles are seen benefiting from rupee depreciation, while metals and select industrials are drawing buying interest. IT remains under pressure despite being a potential currency beneficiary.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    What levels should traders watch on Nifty in the near term?<\/strong><\/h3>\n
                    \n\n

                    Immediate support lies around 23,350\u201323,400<\/strong>, with stronger support near 23,250<\/strong> and 23,000<\/strong>. Resistance is clustered at 23,500\u201323,600<\/strong>, then 23,680<\/strong>, with 24,000<\/strong> as a key hurdle for any durable trend reversal.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Why did Sensex and Nifty open higher despite a weak rupee and high crude?<\/strong><\/h3>\n
                    \n\n

                    Global risk-on sentiment, led by gains in US and Asian equities, and buying in domestic metals, pharma and select large caps supported indices at the open, outweighing concerns from the record-weak rupee and elevated Brent crude.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    Which sectors are benefiting from the rupee depreciation?<\/strong><\/h3>\n
                    \n\n

                    Export-oriented sectors such as pharmaceuticals and textiles are expected to benefit from the weaker rupee, while companies with high petroleum-based input costs face margin pressure.<\/p>\n\n<\/div>\n<\/div>\n

                    \n

                    What are the key technical levels for Nifty 50 today?<\/strong><\/h3>\n
                    \n\n

                    A: Nifty 50 faces resistance at 23,500\u201323,600 and then near 23,680 and 24,000. Supports are placed around 23,350\u201323,400, followed by 23,250 and a major support zone near 23,000.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

                    Indian equities opened higher on Thursday, with the Sensex jumping over 400 points to reclaim 75,000 and the Nifty 50 moving above 23,500, as positive global cues and buying in metals and pharma outweighed pressure from a record-weak rupee and elevated crude prices. Volatility eased, with India VIX slipping, even as Brent crude traded above […]<\/p>\n","protected":false},"author":15,"featured_media":11884,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[512],"tags":[],"class_list":["post-11883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/11883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=11883"}],"version-history":[{"count":3,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/11883\/revisions"}],"predecessor-version":[{"id":11887,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/11883\/revisions\/11887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/11884"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=11883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=11883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=11883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}