Fourteen stocks from the BSE 500 index advanced in each of the five trading sessions ending May 8, delivering cumulative returns of up to 25 percent. The Sensex rose 0.54 percent or 415 points to close at 77,328 during the period.
The gains came despite the benchmark index finishing higher in only two of the five sessions between May 4 and May 8. In total, 42 stocks from the BSE 500 advanced on each of those days, though only 14 managed gains across the full stretch.
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Wall Street markets closed higher on May 13, led by gains in the technology sector ahead of the US-China meeting.
Nine BSE smallcap companies delivered standout performances in the March 2026 quarter, with net profits surging over 50% year-on-year and share prices rising 50% to 170% in the past year. Four of these stocks became multibaggers, more than doubling investor returns. Data from ACE Equity highlights the momentum amid mixed results from 168 reporting firms.
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Indian benchmark indices Sensex and Nifty closed nearly 6% higher for the week, snapping a six-week losing streak after a ceasefire between the US and Iran. Both indices rose 1.2% on Friday. Investors adopted a risk-on approach amid reduced volatility.
Indian stock markets staged a significant rebound on Wednesday, fueled by hopes for peace in West Asia and falling oil prices. The NSE Nifty and BSE Sensex climbed substantially during the day, though some gains moderated by the close. Sectoral indices ended higher across the board amid cautious investor sentiment.
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Benchmark indices Nifty and Sensex climbed over 0.9% and 1% respectively on Tuesday, amid short covering in anticipation of US-Iran peace talks following the recent ceasefire. Foreign institutional investor selling also eased, supporting the rebound.
Indian stock markets saw a sharp selloff on Friday as Sensex and Nifty fell more than 1 percent. The decline was driven by passive fund flows tied to MSCI index reshuffles.
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The Mexican stock market closed higher on Monday, May 18, while Wall Street posted mixed results amid uncertainty over a potential United States-Iran agreement.