India's Top 10 Stocks in Focus: Sun Pharma, Hindalco, ITC, Maruti Suzuki Headline Market Action Today

Stock Market Update: Sensex and Nifty 50 Close Marginally Lower on May 21

India's benchmark equity indices, the Sensex and Nifty 50, closed marginally lower on Thursday, May 21, amid profit booking in heavyweight stocks such as Reliance Industries, Bharti Airtel, and Infosys. The Sensex declined 135 points, or 0.18%, to finish at 75,183.36, while the Nifty 50 slipped 4 points, or 0.02%, to close at 23,654.70.

The market witnessed volatile trade and profit booking at higher levels, despite crude oil prices cooling off and the Indian Rupee recovering after touching record low levels. The selling pressure continued to weigh on the indices through the session.

Benchmark indices ended on a negative note on 21 May during the weekly Sensex expiry session. The Sensex declined 135.03 points or 0.18% to settle at 75,183.36, while the Nifty slipped 4.30 points or 0.02% to close at 23,654.70.

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Stocks to Watch

The following stocks will remain in focus on Friday due to their own positive/negative triggers:

Company Updates

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• ITC Ltd posted a 5% year-on-year rise in consolidated net profit for the March quarter to ₹5,113 crore, up from ₹4,875 crore in the same period last year.
• Maruti Suzuki India announced a price increase of up to ₹30,000 across its model lineup effective June 2026, attributing the move to ongoing inflationary pressures and rising input costs.
• Nykaa posted a strong increase in fourth-quarter earnings, with consolidated net profit surging to ₹78.4 crore in Q4FY26 from ₹20.3 crore a year earlier, driven by robust revenue growth and improved margins.
• GAIL (India) Limited posted a 21.2% quarter-on-quarter drop in net profit for the March quarter at ₹1,262.2 crore, down from ₹1,603 crore in the preceding quarter.
• Tata Steel announced that the Supreme Court of India has stayed further proceedings in a GST input tax credit (ITC) case related to a tax demand of ₹890.52 crore for FY2018-19 to FY2020-21.
• Honasa Consumer posted a strong increase in net profit for the March quarter, with earnings jumping 176% year-on-year to ₹69 crore from ₹25 crore in the same period last year.
• LG Electronics posted its highest-ever quarterly revenue in Q4FY26, driven by a broad-based recovery in demand and robust growth in premium product segments.
• Aurobindo Pharma posted a 2% year-on-year rise in consolidated net profit for the March quarter at ₹921 crore, up from ₹903 crore in the same period last year.