---
title: "Indian stocks rise with selective gains as rupee weakens"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286496443.md"
description: "Indian stocks, including Nifty 50 and Sensex, saw selective gains due to strong corporate earnings, despite IT stocks lagging. Analysts view this as a technical rebound after declines, influenced by high crude prices and foreign outflows. Industry leaders back Modi's initiative to reduce gold and travel imports to stabilize the rupee."
datetime: "2026-05-15T02:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286496443.md)
  - [en](https://longbridge.com/en/news/286496443.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286496443.md)
---

# Indian stocks rise with selective gains as rupee weakens

Selective market gains: Nifty 50 and Sensex edged up, supported by strong corporate earnings in certain sectors, while IT stocks and smaller indices lagged. Short‑term rebound: Analysts see the move as a technical bounce after steep declines, with high crude costs and foreign outflows still weighing on sentiment. Reserves protection push: Industry leaders support Modi’s call to cut gold and travel imports to reduce reserve depletion and help stabilise the rupee.

### Related Stocks

- [INDH.US](https://longbridge.com/en/quote/INDH.US.md)
- [EPI.US](https://longbridge.com/en/quote/EPI.US.md)

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