India Stocks: Indian shares open higher as earnings steady markets; higher oil caps gains

Bharti Airtel

14/05/2026 04:55

Updates for markets open

May 14 (Reuters) - Indian shares opened higher on Thursday, aided by stock-specific gains after quarterly earnings results, although the Middle East conflict, elevated oil prices and pressure on the rupee limited gains.

The Nifty 50 .NSEI rose 0.63% to 23,559 as of 9:17 a.m. IST and the BSE Sensex .BSESN added 0.47% to 74,939.52.

Fifteen of the 16 major sectors logged gains. The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 rose about 0.6% each.

The Nifty and the Sensex .BSESN rose about 0.1% each on Wednesday, after shedding about 4% in the previous four sessions, pressured by higher oil prices and Prime Minister Narendra Modi's austerity call.

Analysts said the rebound reflected oversold market conditions rather than a decisive shift in sentiment, with Brent LCOc1 hovering around $106 a barrel.

Among stocks, Bharti Airtel BRTI.NS gained 1% after reporting higher March-quarter profit.

Oil India OILI.NS jumped 3.5% on higher quarterly profit.

Tata Motors Commercial Vehicles TATM.NS rose 2% after it posted a 69.6% jump in fourth-quarter profit on robust truck and bus demand.

 (Reporting by Bharath Rajeswaran in Bengaluru; Editing by Subhranshu Sahu and Janane Venkatraman)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))