Nifty Drops 163 Points at Opening as Oil Prices Remain Above $110 and Rupee Reaches New Record Low
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Source: Business Line
Market Performance: Only three stocks gained on the Nifty 50 during early trade.
Hindalco's Growth: Hindalco led the gainers with a rise of 1.26%, reaching ₹1,061.50.
TCS's Increase: TCS saw an increase of 0.50%, bringing its value to ₹2,338.70.
Infosys's Slight Rise: Infosys edged up by 0.02%, reaching ₹1,197.10.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
