Benchmark equity indices rebounded in early deals on Friday (May 22, 2026) amid easing oil prices and a rally in global markets.

Hopes of progress in the U.S.-Iran peace negotiations also added to markets' optimism.

The 30-share BSE Sensex climbed 332.39 points to 75,507.09 in early trade. The 50-share NSE Nifty went up by 84.60 points to 23,747.40.

From the 30-Sensex firms, ICICI Bank, Asian Paints, HDFC Bank, Kotak Mahindra Bank, Axis Bank and UltraTech Cement were among the major winners.

Power Grid, Tech Mahindra, Tata Consultancy Services and ITC were among the laggards.

Brent crude, the global oil benchmark, traded at around $104 per barrel level.

Brent crude declining to below $105 and rupee appreciation are positive developments, V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index were trading higher.

U.S. markets ended higher on Thursday (May 21, 2026).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,891.21 crore on Thursday (May 21, 2026), according to exchange data.

On Thursday (May 21, 2026), the 30-share BSE benchmark declined 135.03 points, or 0.18%, to settle at 75,183.36. The Nifty skidded 4.30 points, or 0.02%, to end at 23,654.70.