Indian Markets Close Higher As Energy And Renewable Stocks See Mixed Trading Activity (22 May 2026)

Indian stock markets ended on a positive note on May 22, 2026, with benchmark indices closing higher amid selective buying in energy, power, and large-cap stocks. The S&P BSE Sensex rose 0.44% to settle at 75,512.19, while the Nifty 50 gained 0.30% to close at 23,725.35. Market sentiment remained stable despite global uncertainties and the continued depreciation of the Indian rupee against the US dollar, which added pressure on import-dependent sectors and raised concerns over rising input costs.

In the green energy and power segment, trading remained mixed as investors focused mainly on large-cap and public sector companies. GAIL emerged as one of the top gainers of the day. The stock surged 3.69% on the BSE to close at Rs 161.65, while it also recorded a gain of 2.82% on the NSE. EKI Energy Services also witnessed strong investor interest and climbed 3.7% during the session. Websol Energy posted healthy gains of 2.47% to close at Rs 108.00.

Among major companies, Reliance Industries supported the market rally by rising 0.54% to end at Rs 1,357.00. Adani Green Energy also remained in positive territory, edging up 0.35% to close at Rs 1,363.95. Sterling and Wilson Renewable Energy Limited gained 0.53% to settle at Rs 197.75. JSW Energy and Praj Industries registered smaller gains of 0.45% and 0.12% respectively. Indian Energy Exchange remained flat throughout the trading session and closed unchanged at Rs 127.10 on the BSE.

However, several renewable energy stocks ended lower due to profit booking and weak buying activity. NTPC Green Energy Ltd. was among the biggest losers in the sector, falling 1.09% to close at Rs 104.25. Insolation Energy slipped 0.94%, while wind energy company Inox Wind declined 0.47% to Rs 94.60. Battery makers Exide Industries and Amara Raja Energy & Mobility also witnessed marginal losses. Tata Power and Borosil Renewables ended slightly lower, while Larsen & Toubro remained almost unchanged. Overall, the session reflected cautious optimism, with investors preferring stable and established energy companies over smaller renewable energy firms.