Stock Market Today 14 May 2026: Pranit Arora on Nifty Expiry, 23,260 Support, Metal Stocks and Key Derivative Data

The stock market today on 14 May 2026 is a Sensex expiry session with Nifty at 23,412.60, India VIX elevated at 19.43 and FIIs holding 89.17% short in index futures. Pranit Arora, CEO and Co-Founder of Univest India, reviews his previous call results and shares exact levels and metal stock picks for today’s expiry session in his latest video.

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How Yesterday’s Calls Played Out in the Stock Market Today

Before giving fresh guidance for the stock market today, Pranit reviews 13 May. Nifty made a low at 23,280 and bounced from the 23,200 support zone exactly as flagged, then rejected at 23,500 to 23,600 resistance. Metal stocks surged: Hindustan Zinc +5.43%, Vedanta +3%, NALCO and Hindustan Copper up 1 to 3%. Rupee hit a fresh all-time low of 95.80 against the dollar.

• 23,200 support bounce: Delivered. Nifty low was 23,280.
• 23,500 to 23,600 resistance rejection: Delivered. Nifty closed at 23,412.60 (+0.14%).
• Metal stocks call: Hindustan Zinc +5.43%, Vedanta +3%, NALCO and Hindustan Copper up 1 to 3%.
• Rupee: New all-time low of 95.80 yesterday. Key macro watch for the stock market today.

Univest Daily Derivatives Intelligence: Stock Market Today Snapshot

Univest’s Daily Derivatives Intelligence for 14 May 2026 provides the complete data picture for today’s Sensex expiry session.

Market Snapshot

• Nifty 50: 23,412.60 (+0.14%)
• Sensex: 74,608.98 (+0.07%)
• India VIX: 19.43 (+0.78%), elevated (wider swings expected in the stock market today)
• Market Breadth: Advance 1,960 | Decline 1,300 | Unchanged 118
• Session Type: Sensex Expiry Day (Trend Bias: CAUTIOUS BULL)

Participant Positioning in the Stock Market Today

• FII: 10.83% Long, 89.17% Short. STRONG BEARISH. Net OI -2.38L. Change -730 contracts.
• Pro: 61.96% Long, 38.04% Short. MILD BULLISH. Net OI +28,072.
• Client: 73.47% Long, 26.53% Short. MILD BULLISH. Net OI +1.74L.
• DII: 66.96% Long, 33.04% Short. MILD BULLISH. Net OI +35,983.

FIIs are 89.17% short while domestic participants are bullish. This tug-of-war defines the stock market today’s cautious bull structure.

FII and DII Cash Market

• FII Net Cash: SOLD Rs 4,703 crore
• DII Net Cash: BOUGHT Rs 5,869 crore (absorbing all FII selling in the stock market today)

Options Chain Data

• Max Pain (Expiry Magnet): 23,600
• PCR OI: 0.81 (slightly oversold, bounce supportive in the stock market today)
• IV ATM: 18.5
• Gamma Wall: 24,000 (strong resistance ceiling)
• Gamma Zone (Positive): 24,000 to 24,100 (+Rs 98,240 Cr)
• Gamma Zone (Negative): 23,000 to 23,100 (-Rs 91,870 Cr)
• Sentiment Meter: 32/100 (Fear)

Track live Nifty PCR, OI buildup and options data on the Check the Univest Screener for live data.

OI Buildup in the Stock Market Today

• Long Buildup (55 stocks): Hindustan Zinc (+3.33%, OI +9.52%), Kaynes (+3.19%, OI +25.58%), Cipla (+2.75%, OI +20.78%), Biocon (+3.76%, OI +10.16%), Manappuram Fin (+5.56%, OI +7.50%), Godfrey Phillips (+3.30%, OI +7.40%), Mankind Pharma (+1.21%, OI +8.10%), LIC Housing (+3.17%, OI +9.02%)
• Short Buildup (50 stocks): Kalyan Jewellers (-1.77%, OI +18.22%), TVS Motor (-0.95%, OI +17.37%), Coal India (-0.17%, OI +15.70%), KFin Technologies (-2.69%, OI +11.27%), Tube Investments (-0.44%, OI +12.16%), Lodha (-0.61%, OI +9.88%)
• Short Covering (61 stocks) and Long Unwinding (48 stocks) round out the full 214 stocks tracked in the stock market today.

Stock Market Today Key Levels: Support 23,260, Resistance 23,620

• Primary Support: 23,260 (Pranit Arora’s key level for the stock market today)
• Support 1: 23,200 | Support 2: 23,050 | Support 3: 22,900
• Pivot: 23,525 | VWAP: 23,410
• Critical Resistance: 23,620 to 23,630 (must break to target 23,800 in the stock market today)
• Resistance 1: 23,700 | Resistance 2: 23,850 | Gamma Wall: 24,000
• Max Pain: 23,600 (expiry magnet for the stock market today)

Pranit’s strategy for the stock market today: as long as crude is near $106 and rupee depreciates near 95.80, the 23,620 to 23,630 zone will cap rallies. A confirmed close above 23,630 opens 23,800. Below 23,260, 23,200 to 23,050 is the next support band.

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Stock Market Today Metal Stock Strategy: Pranit Arora’s Portfolio Picks

The clearest theme in the stock market today is metals. OI data confirms Hindustan Zinc in long buildup with OI up 9.52% alongside a 3.33% price gain, precisely confirming informed accumulation. Pranit has called 2026 the year of metals across multiple videos.

• Hindustan Zinc (HINDZINC): India’s largest silver producer. Direct beneficiary of 15% import duty. In long buildup. Hold through 2026.
• Hindustan Copper (HINDCOPPER): Only integrated primary copper producer in India. EV and solar structural demand driver. Hold.
• NALCO (NATIONALUM): Government-backed aluminium producer near 52-week highs. Infrastructure demand tailwind.
• Vedanta (VEDL): Q4 FY26 PAT +92%, dividend yield 11.13%, parent of Hindustan Zinc. Core portfolio hold for 2026.

Pranit’s message for the stock market today: if you want to be on the long side, buy only metal stocks. Hold Hindustan Zinc, Hindustan Copper, NALCO and Vedanta in your portfolio for long-term wealth creation through 2026.

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Conclusion

The stock market today on 14 May 2026 is a Sensex expiry session defined by FII’s 89.17% short position in futures, DII’s Rs 5,869 crore cash buying providing support and PCR at 0.81 signalling slightly oversold conditions. Pranit Arora’s support for the stock market today is 23,260 and resistance is 23,620 to 23,630. The max pain expiry magnet is 23,600. For portfolio investors, Hindustan Zinc, Hindustan Copper, NALCO and Vedanta are the metal stocks to hold through year-end 2026. Watch crude at $106 and the rupee at 95.80 as the primary macro variables for today’s session.

FAQs on the Stock Market Today 14 May 2026

What is Pranit Arora’s key call for the stock market today?

Ans. Pranit Arora’s levels for the stock market today are support at 23,260 and resistance at 23,620 to 23,630. He recommends only metal stocks: Hindustan Zinc, Hindustan Copper, NALCO and Vedanta for portfolio investors. A break above 23,630 targets 23,800. Being Sensex expiry day, max pain at 23,600 is the intraday magnet.

What does the FII data say about the stock market today?

Ans. In the stock market today, FIIs are 89.17% short in index futures (Strong Bearish). However, FII cash selling of Rs 4,703 crore has been more than absorbed by DII cash buying of Rs 5,869 crore, keeping the cautious bull trend intact. The Univest Sentiment Meter shows 32/100 (Fear) for the stock market today.

What are the Nifty support and resistance levels in the stock market today?

Ans. In the stock market today, Nifty primary support is 23,260, with options-chain-backed support at 23,200 and 23,050. Resistance is 23,620 to 23,630. Above that: 23,700, 23,850 and 24,000 (Gamma Wall). Max Pain for Sensex expiry in the stock market today is 23,600.

Which stocks are in long buildup in the stock market today?

Ans. In the stock market today, top stocks in long buildup are Hindustan Zinc (+3.33%, OI +9.52%), Kaynes Technology (+3.19%, OI +25.58%), Cipla (+2.75%, OI +20.78%), Biocon (+3.76%, OI +10.16%) and Manappuram Fin (+5.56%, OI +7.50%). Hindustan Zinc’s long buildup directly validates Pranit Arora’s metals-for-2026 thesis.

Why are metal stocks the only buy in the stock market today?

Ans. Metal stocks are Pranit Arora’s only buy recommendation in the stock market today because the government’s 15% import duty on gold and silver has directly raised domestic precious metal prices, benefiting producers like Hindustan Zinc and Vedanta. Nifty OI data confirms Hindustan Zinc in long buildup, validating this thesis in the stock market today.