POST MARKET
Indian stock market benchmarks, the Sensex and the Nifty 50, ended slightly higher on Wednesday, 20 May, with Reliance shares contributing the most to their gains.
The BSE 150 Midcap index rose by 0.51%, outperforming the benchmark, while the BSE 250 Smallcap index inched up by 0.09%.
Among the sectoral indices, Bank Nifty rose 0.29%, while the PSU Bank and Private Bank indices climbed by 0.43% and 0.25%, respectively.
Nifty Oil and Gas and Auto jumped 1.59% and 0.84%, respectively. On the other hand, Nifty Media fell by 1.45%, while FMCG declined by 0.71%. IT also ended with a loss of 0.42%.
STOCKS IN NEWS
Parle Industries
Parle Industries’ share price hit the 5% upper circuit on Wednesday, 20 May, led by strong buying momentum in the counter as investors reacted to the “Melody” moment that went viral online involving Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni.
GE Vernova T&D India
Shares of GE Vernova T&D India rose over 7% on May 20 after the company reported a strong set of earnings for the quarter ended March 31,2026. The company’s earnings before interest, tax, depreciation, and amortisation margin rose 530 basis points to 27.2%. Brokerages were largely bullish on the stock and raised their target prices on the stock.
Tata Communications
Shares of Tata Communications rose over 7%
after The company announced the appointment of Ganapathi S Lakshminarayanan as the managing director and chief executive officer of the company for five years effective Wednesday
Source: Mint, Moneycontrol