Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 18 May 2026
Buy or sell stocks, May 16 -- Indian benchmark indices ended lower on Friday, 15 May, snapping a two-session gaining streak as investors booked profits amid negative global signals, rising crude oil prices and continued weakness in the rupee.
The BSE Sensex declined 161 points, or 0.21%, to close at 75,237.99, while the NSE Nifty 50 slipped 46 points, or 0.19%, to settle at 23,643.50.
Selling pressure was visible across several sectoral indices. On the BSE, Metal, Oil and Gas, PSU Bank, Realty, Energy and Commodities indices dropped over 1% each. However, the IT index bucked the trend and gained more than 1%.
Market sentiment remained under pressure as the Indian rupee touched a fresh record low against the US dollar. The domestic curr...
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