Indian equity indices held firm in afternoon trade on Monday, May 25, 2026, with the BSE Sensex rallying as much as 1.29% to hit an intraday high of 76,386.71 and the NSE Nifty 50 touching the session's high of 24,942.95. As of 12:52 PM, the S&P BSE SENSEX gained 786.17 points, or 1.04%, to 76,201.52, while the NSE's NIFTY50 was trading at 23,944.55, reflecting a 225.25 points, or 0.95% jump. According to PTI, the rally was supported by buying in PSU banks and capital market stocks, with global crude oil prices dropping to $96 per barrel amid ongoing US-Iran peace deal negotiations. Market breadth remained positive with 2,841 stocks advancing and 1,276 declining out of 4,338 BSE stocks traded, while 135 stocks hit 52-week highs against 45 at 52-week lows.
Eicher Motors emerged as the top gainer, with shares surging as much as 5.83% to hit an intraday high of ₹7,388.50 on the NSE following exceptional Q4FY26 results. The company reported an 11.58% increase in consolidated net profit to ₹1,519.95 crore for the March quarter, compared with ₹1,362.15 crore a year earlier. Revenue from operations rose 16% to ₹6,080.09 crore in Q4 FY26 as against ₹5,241.11 crore a year ago. The strong performance was driven by Royal Enfield's robust sales growth, with total sales increasing 31% year-on-year at 1,13,164 units compared with 86,559 units earlier. During the quarter under review, Royal Enfield saw its highest Q4 sales volume of 3,13,811 motorcycles, according to an exchange filing. The company's board also recommended a final dividend of ₹82 per share of face value ₹1 each for FY26. Growth was led primarily by motorcycles below 350cc, which remained the volume backbone of the business, though international sales declined 14% due to supply-side disruptions.
Eicher Motors has extended its winning streak to three consecutive sessions, with shares quoting at ₹7,358.50, up 5.4% as of 12:49 IST on the NSE. The stock has demonstrated strong momentum with gains of 2.57% in the last one month and 35.58% over the past year, significantly outperforming the NIFTY's 4.24% decline and the Nifty Auto index's 11.08% slide over the same period. The benchmark May futures contract for the stock is quoting at ₹7,364, up 5.22% on the day. Trading volume stood at 9.46 lakh shares compared to the daily average of 4.57 lakh shares in the last one month, indicating heightened investor interest. The stock's PE ratio stands at 38.53 based on TTM earnings ending December 25, reflecting premium valuations justified by consistent strong performance.
The SBI Securities mid-market note indicates that the Nifty has entered a sideways consolidation band, with the 23,850–23,870 zone acting as immediate support and resistance at 24,100–24,120. A breach above 24,120 could take the index toward 24,320, while a slip below 23,850 opens the next support at 23,600–23,500. On the options front, meaningful call writing was seen at the 24,000 and 24,100 strikes, while 23,900 and 23,800 put strikes carry substantial open interest. For Sensex, support is placed at 75,900 and resistance at 76,700. In commodities, MCX Crude Oil was trading in the ₹8,700–₹8,800 zone after breaking below the ₹9,000 level, with the near-term bias remaining cautiously bearish as US Oil traded near $90–$91. The USD/INR pair was in the ₹95.3–₹95.4 zone, pulling back from the recent record low of ₹96.96, supported by cooling crude prices and easing geopolitical tensions.
