Indian Stock Market Ends Mixed As Renewable Energy And Utility Stocks See Selective Buying (21 May 2026)

Professionals discuss rising renewable energy stocks in the Indian market.

Indian stock markets ended on a slightly negative note on May 21, 2026, as benchmark indices witnessed mild profit booking amid mixed investor sentiment. The S&P BSE Sensex closed at 75,183.36, down 0.18 percent, while the Nifty 50 settled 0.09 percent lower at 23,636.60. Despite the weak broader market trend, the green energy and mobility sectors displayed mixed performances with selective buying in renewable energy, utility, and battery-related stocks.

Among the top gainers in the renewable energy segment, Insolation Energy recorded a strong rise of more than 2.1 percent to close at Rs 138.20 on the BSE. EKI Energy Services emerged as another major gainer, surging nearly 5 percent during the trading session. Investors also showed buying interest in energy and utility-related companies.

JSW Energy gained 2.06 percent to settle at Rs 548.00, while Indian Energy Exchange advanced more than 1.3 percent to close at Rs 127.10. State-owned oil and gas companies also traded in positive territory. Indian Oil Corporation rose 1.52 percent to end at Rs 140.15, whereas GAIL posted a marginal gain of 0.19 percent to close at Rs 155.85.

Battery and power management companies witnessed stable buying momentum. Amara Raja Energy & Mobility climbed nearly 1 percent to Rs 819.95, while Exide Industries edged slightly higher by 0.27 percent to Rs 340.40. Engineering and infrastructure major Larsen & Toubro also ended the session in green, gaining 0.46 percent to close at Rs 3,930.00. Smaller renewable energy firms such as Sterling and Wilson Renewable Energy and Websol Energy also recorded mild gains during the session.

On the other hand, several major clean energy and infrastructure stocks witnessed selling pressure. Reliance Industries was among the key laggards, falling nearly 1 percent to close at Rs 1,346.70. Electric vehicle company Olectra Greentech also declined around 1 percent to Rs 1,208.45.

Adani Green Energy slipped 0.62 percent to close at Rs 1,354.75, while Tata Power dropped 0.79 percent to settle at Rs 410.15. Newly listed clean energy company NTPC Green Energy Limited also witnessed mild profit booking and declined 0.57 percent to Rs 105.30. Borosil Renewables fell 0.61 percent to Rs 512.25, while wind energy player Inox Wind dipped 0.52 percent to close at Rs 94.85.

The overall market movement reflected cautious investor sentiment, with selective buying in mid-cap renewable and utility stocks, while heavyweight companies faced moderate selling pressure.


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    South East Asia Weekly: Sabah Launches RM4,000 Rebate; MPA Installs 1,092 Solar Panels; Aboitiz Starts 239 MWp Solar; SIM Signs 14-Year Solar PPA; Marina South Goes Solar and More…

    The Energy Commission of Sabah has introduced a RM4,000 residential rooftop solar rebate programme to accelerate rooftop solar adoption across the state. The initiative aims to reduce upfront installation costs,…

    Oriana Power Invests INR 2.10 Crore In Wholly Owned Subsidiary For Solar Project Development

    Oriana Power Limited has announced an investment of Rs. 2.10 crore in its wholly owned subsidiary, Sunpulse Power Private Limited, to support the development of a solar power project. The…

    Have You Seen?

    Renergen targets September helium production in South Africa

    • August 5, 2026
    Renergen targets September helium production in South Africa

    Convertus secures $135m for biomethane and food-grade CO2 facility in Canada

    • August 5, 2026
    Convertus secures $135m for biomethane and food-grade CO2 facility in Canada

    REALITY: Trump Says America Does Not Need Canadian Energy. The Facts, and His Own Policies, Say Otherwise

    • August 5, 2026
    REALITY: Trump Says America Does Not Need Canadian Energy. The Facts, and His Own Policies, Say Otherwise

    Oil Prices Rebound After Houthis Say They Attacked Saudi Tanker

    • August 5, 2026
    Oil Prices Rebound After Houthis Say They Attacked Saudi Tanker

    Trump Says US Held ‘All-Day Negotiation’ With Iran on Tuesday

    • August 5, 2026
    Trump Says US Held ‘All-Day Negotiation’ With Iran on Tuesday

    South East Asia Weekly: Sabah Launches RM4,000 Rebate; MPA Installs 1,092 Solar Panels; Aboitiz Starts 239 MWp Solar; SIM Signs 14-Year Solar PPA; Marina South Goes Solar and More…

    • August 5, 2026
    South East Asia Weekly: Sabah Launches RM4,000 Rebate; MPA Installs 1,092 Solar Panels; Aboitiz Starts 239 MWp Solar; SIM Signs 14-Year Solar PPA; Marina South Goes Solar and More…

    MIT-backed seawater technology locks away CO2 while producing hydrogen

    • August 5, 2026
    MIT-backed seawater technology locks away CO2 while producing hydrogen

    Oriana Power Invests INR 2.10 Crore In Wholly Owned Subsidiary For Solar Project Development

    • August 5, 2026
    Oriana Power Invests INR 2.10 Crore In Wholly Owned Subsidiary For Solar Project Development

    NTPC Green Energy Crosses 10 GW Renewable Capacity in FY26, Reports INR 521 Crore Consolidated PAT

    • August 5, 2026
    NTPC Green Energy Crosses 10 GW Renewable Capacity in FY26, Reports INR 521 Crore Consolidated PAT

    Coastal Bend LNG launches FERC pre-filing for Texas LNG terminal

    • August 5, 2026
    Coastal Bend LNG launches FERC pre-filing for Texas LNG terminal