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EnergyManufacturingHigh impactPre-market

Stock markets rally on global cues and easing oil prices

pre-market1 source ↓written by the desknot a recommendation

rising
327.74 points
75,646.13
gaining
111.75 points
23,772.05
per barrel
$105.7

Benchmark equity indices surged in early trade on 21 May 2026, with the BSE Sensex rising 327.74 points to 75,646.13 and the NSE Nifty gaining 111.75 points to 23,772.05. This rally was fueled by easing oil prices, with Brent crude trading at $105.7 per barrel, and positive trends in global markets.

Key Points:

• Major winners included InterGlobe Aviation, Bharat Electronics, and Tata Steel.

• Asian markets also showed strength, with South Korea's Kospi up over 7%.

This positive sentiment may enhance trading activity in the coming sessions.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 22 May 2026, 07:08 IST.

Sourcesnews.google.com

The market after the news

INDIGO closed +0.8% on the day of the news, from ₹4,403.00 to ₹4,438.60; Nifty +0.3% over the same session; futures OI +1.0%.

Bulletin at 07:08 IST on 22 May 2026. Every change is measured from ₹4,403.00, the last close before it, on 21 May. Nifty 50 is measured over the same sessions.

  • INDIGO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
INDIGO closes around the bulletin against the close before the news, with Nifty 50 rebased to it398244034824axis spans 21%before the news · 21 May4403Nifty 50INDIGObulletinD0+1+3+515 May27 May8 JunFutures open interest, lotspeak 60,000Reference close ₹4,403.00. 16 sessions from 15 May to 8 Jun; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before21 May₹4,403.00basebase
On the day22 May₹4,438.60▲ +0.8%▲ +0.3%+0.5 pp difference
+1 session25 May₹4,501.90▲ +2.3%▲ +1.6%+0.7 pp difference
+3 sessions27 May₹4,570.00▲ +3.8%▲ +1.1%+2.7 pp difference
+5 sessions1 Jun₹4,453.30▲ +1.1%▼ −1.1%+2.3 pp difference
Gap at the open, % · ₹
▲ +0.5%+22.02 on 22 May
Day's range, % · ₹
1.4%≈ 60 high to low
Volume on the day
0.57×the 20-session average
Futures OI on the day
▲ +1.0%+510 lots · long build-up · price +0.8%
Futures OI open, lots
54,00022 May · 26 May expiry
Futures premium, ₹
+0.800.0% to spot
Puts per call, by OI
0.54from 0.49 the session before
Max pain
4,400from 4,400 the session before

Source NSE UDiFF bhavcopy · INDIGO on the desk →

Thread · INDIGOAll INDIGO bulletins →

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