A view of the Bombay Stock Exchange (BSE) building. File
| Photo Credit: ANI

From the 30 Sensex firms, Eternal, Sun Pharma, Titan, Adani Ports, Tata Steel and HDFC Bank were among the major laggards. File

Stock markets fell for the third day running on Monday (May 11, 2026), with the benchmark Sensex tumbling 1,313 points amid rising crude oil prices after the U.S. and Iran failed to reach a peace deal to end the war in West Asia.

The 30-share BSE Sensex tanked 1,312.91 points, or 1.70%, to settle at 76,015.28. During the day, it tumbled 1,370.79 points or 1.77% to 75,957.40.

The 50-share NSE Nifty dropped 360.30 points or 1.49% to end at 23,815.85. In three sessions since Thursday (May 7, 2026), Nifty dropped over 2% or 515 points, while Sensex has fallen by nearly 1,950 points or 2.5%.

U.S. President Donald Trump dismissed Iran’s response to the latest peace proposal as ‘totally unacceptable’, dampening hopes of an immediate diplomatic breakthrough, an expert said. Also, Prime Minister Narendra Modi’s appeal for austerity measures amplified investor concerns around forex reserves, fuel costs, and consumption outlook, analysts said.

Titan, a leading jewellery and fashion accessories company, was the biggest loser among Sensex companies, dropping by nearly 7%. InterGlobe Aviation, State Bank of India, Bharti Airtel, Eternal and Reliance Industries were among the major laggards.

Sun Pharma, Hindustan Unilever, Adani Ports, Kotak Mahindra Bank, Axis Bank and ICICI Bank were the winners.

Brent crude, the global oil benchmark, traded 2.23% higher at $103.5 per barrel.

“The Indian equity markets witnessed a sharp sell-off session today, with benchmark indices correcting more than 1.4% amid rising geopolitical concerns and heightened fears over inflationary pressures.

“Rising uncertainty surrounding crude oil prices and fears of further geopolitical escalation triggered aggressive unwinding of positions, dragging indices lower into the close,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

The immediate trigger for today’s weakness came after Prime Minister Narendra Modi’s speech on May 10, which the market interpreted as a sign of mounting macroeconomic stress, he said.

“While global uncertainty surrounding the US-Iran conflict and surging crude oil prices had already weakened sentiment, the Prime Minister’s appeal for austerity measures amplified investor concerns around India’s forex reserves, fuel costs, and consumption outlook,” Mr. Hariprasad added.

Emphasising that the Centre is trying to shield people from the adverse impact of the conflict in West Asia, Prime Minister Narendra Modi on Sunday (May 10, 2026) called for judicious use of fuel, postponement of gold purchases and foreign travel, among other measures, to strengthen the economy.

Addressing a rally organised by the Telangana BJP in Hyderabad, he suggested reducing petrol and diesel consumption, using metro rail services in cities, carpooling, increased use of electric vehicles (EVs), utilising railway services for parcel movement, and working from home to conserve foreign exchange amid the crisis in West Asia.

Stressing the need to conserve foreign exchange amid the crisis, Mr. Modi called for postponing gold purchases and foreign travel for one year.

“We have to save foreign exchange by any means,” he said, adding that due to the West Asia conflict, prices of petrol and fertilisers had increased significantly.

Jewellery stocks faced heavy selling pressure, with Sky Gold and Senco Gold falling over 12% intra-day before closing lower by over 6%. Senco Gold closed 7.8% lower after falling 10% in the day trade.

Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, said, “Brent crude emerged as the key market trigger, surging 4 per cent to around USD 105.7 per barrel, intensifying concerns around imported inflation and India’s external balances.”

The BSE MidCap Select index tanked 1.09% and BSE SmallCap Select index declined 0.44%.

Sectorally, Consumer Durables index tumbled 3.76%, Realty (2.74%), MidSmall Private Banks Quality Tilt (2.60%), BSE PSU Bank (2.28%), Consumer Discretionary (2.14%) and Power (2.13%). BSE Healthcare and Hospitals were the winners. A total of 2,892 stocks declined, while 1,457 advanced and 189 remained unchanged on the BSE.

In Asian markets, Japan’s benchmark Nikkei 225 index ended lower, while South Korea’s benchmark Kospi and Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index settled higher.

Markets in Europe were trading mostly lower. U.S. markets ended higher on Friday (May 8, 2026).

“The benchmark index slipped below the 24,000 mark as renewed Gulf tensions, following Trump’s rejection of Iran’s peace proposal, weighed on investor sentiment.

“The cautious mood deepened after the PM’s appeal to conserve energy and avoid non-essential foreign travel, prompting investors to reassess the economic impact of higher crude prices, INR weakness, and pressure on the current account deficit,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,110.60 crore on Friday, according to exchange data.

On Friday (May 8, 2026), the Sensex tanked 516.33 points or 0.66% to settle at 77,328.19. The Nifty dropped 150.50 points or 0.62% to end at 24,176.15.

Benchmark stock indices Sensex and Nifty rebounded nearly 1% on Monday (April 27, 2025), snapping the three-day falling streak following a rally in Reliance Industries and Sun Pharma and positive global trends.

The 30-share BSE Sensex jumped 639.42 points or 0.83% to settle at 77,303.63. During the day, it surged 755.83 points or 0.98% to 77,420.04.

The 50-share NSE Nifty climbed 194.75 points or 0.81% to close at 24,092.70.

Among the 30-Sensex firms, Sun Pharma jumped 7% after it announced the acquisition of U.S.-based Organon & Co. in an all-cash deal at an enterprise valuation of $11.75 billion, one of the largest overseas buyouts by Indian firms.

Reliance Industries jumped 2.88%. Adani Ports, Tech Mahindra, Mahindra & Mahindra, NTPC, HCL Tech and Tata Consultancy Services were also among the major gainers.

Axis Bank, Bharat Electronics, Trent and ICICI Bank were among the laggards from the blue-chip pack.

“The upmove was primarily driven by a rebound in beaten-down heavyweights across sectors, particularly Reliance, along with positive developments such as a sharp rally in pharma majors following global acquisition news. Additionally, optimism around potential progress in U.S.-Iran negotiations supported global sentiment, even as crude oil prices remained elevated,” Ajit Mishra – SVP, Research, Religare Broking Ltd., said.

The BSE SmallCap Select index jumped 2% and MidCap Select index climbed 1.35%.

All sectoral indices ended higher. Utilities surged the most by 2.50%, followed by Healthcare (2.43%), Focused IT (2.41%), Realty (2.35%), IT (2.20%), Power (2.05%) and Services (1.92%).

A total of 3,075 stocks advanced, while 1,288 declined and 193 remained unchanged on the BSE.

Among Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index, and Shanghai’s SSE Composite index ended higher, while Hong Kong’s Hang Seng index ended lower.

Markets in Europe were trading in positive territory. U.S. markets ended mostly higher on Friday.

“A key catalyst behind today’s strength was improving global sentiment, particularly reports of a potential de-escalation between the U.S. and Iran around the Strait of Hormuz. This development eased supply disruptions and supported global risk appetite, helping domestic markets stabilise and rise,” K. Hariprasad, research analyst and founder, Livelong Wealth, said.

Sectoral participation played an important role in sustaining the rally, he noted.

“The pharmaceutical space saw strong traction, led by a sharp surge in Sun Pharmaceutical Industries following its announcement of a large acquisition deal involving Organon. The IT sector also witnessed a notable rebound after recent underperformance,” Mr. Hariprasad added.

Brent crude, the global oil benchmark, traded 2.53% higher at $107.9 per barrel.

“Indian equities began the week on a positive note, supported by improved sentiment amid renewed expectations of near-term de-escalation in the Middle East. Gains were widespread, with all major sectoral indices ending in positive territory. Overall, markets demonstrated resilience but remain highly sensitive to geopolitical developments,” R. Ponmudi, CEO of Enrich Money, an online trading and wealth tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹8,827.87 crore on Friday (April 24), according to exchange data.

On Friday (April 24), the Sensex dropped 999.79 points or 1.29% to settle at 76,664.21. The Nifty slumped 275.10 points or 1.14% to end at 23,897.95.

Published – April 27, 2026 06:15 pm IST

From the 30-Sensex firms, ICICI Bank dropped 3% after its consolidated profit for the December quarter declined 2.68% to ₹12,537.98 crore, hit by an RBI-mandated ₹1,283-crore provision for agricultural loans wrongly classified as priority sector advances. File
| Photo Credit: Reuters

Sensex opened higher while the 50-share National Stock Exchange index, Nifty, also advanced. File
| Photo Credit: PTI

The 30-share Bombay Stock Exchange (BSE) Sensex dropped 165.35 points to 84,972.92 in early trade. File.
| Photo Credit: PTI

Falling for the third straight session, the 30-share Bombay Stock Exchange (BSE) Sensex tumbled 503.63 points or 0.59% to settle at 85,138.27. File
| Photo Credit: Reuters

Image used for representational purposes only. File

A vendor walks past by a poster of bear and bull in south Mumbai. File

Taking a breather after recent rally, stock markets closed lower on Wednesday (February 5, 2025) as investors turned cautious ahead of the RBI’s monetary policy decision later this week and trade war concerns.

The 30-share BSE Sensex declined 312.53 points or 0.40% to settle at 78,271.28 with 21 of constituents closing down and nine with gains. During the day, it went lower by 367.56 points or 0.46% to 78,216.25.

The NSE Nifty dropped 42.95 points or 0.18% to 23,696.30. The index moved between a high of 23,807.30 and a low of 23,680.45 during the day.

Profit-taking after Tuesday’s (Feb. 4) rally and the rupee plunging to record low levels also hit market sentiment. Sensex had jumped 1,397.07 points and Nifty soared 378.20 points to settle at one-month highs on Tuesday (Feb. 4) following firm global trends.

From the 30-share Sensex pack, Asian Paints dropped over 3% after the firm reported a 23.5% decline in consolidated net profit at ₹1,128.43 crore for the third quarter ended December 2024 amid downtrading due to muted demand and weak festive season.

Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards.

Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.

“Markets mirrored weak global cues and ended lower amid selling in select banking, auto, realty and FMCG stocks. While all eyes will be on Friday’s monetary policy announcement, intra-day volatility could intensify over next few sessions,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

“The domestic market traded within a narrow range in negative terrain. Investors are weighing the improved domestic outlook, buoyed by a favourable budget, against lingering global uncertainties stemming from the tariff war. While declining U.S. bond yields and lower crude oil prices have supported market sentiment, the rupee’s depreciation could offset these gains,” Vinod Nair, Head of Research, Geojit Financial Services, said.

The BSE smallcap gauge jumped 1.42% and midcap index climbed 0.69%.

Among BSE sectoral indices, realty declined 1.66%, FMCG (1.42%), consumer durables (1.21%), consumer discretionary (0.43%) and auto (0.14%).

Oil & Gas jumped 1.89%, services (1.59%), metal (1.55%), energy (1.30%) and healthcare (1.21%).

The Reserve Bank of India (RBI) on Wednesday (February 5) started deliberations on the monetary policy and the decision will be announced on Friday (February 7).

India’s services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday (February 5).

The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January — its lowest level since November.

In the Purchasing Managers’ Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

In Asian markets, Seoul and Tokyo settled in the positive territory while Hong Kong ended lower.

European markets traded in the negative zone. U.S. markets ended higher on Tuesday (Feb. 4).

Foreign Institutional Investors (FIIs) turned buyers on Tuesday (Feb. 4) after unabated selling for the past many days. They bought equities worth ₹809.23 crore, according to exchange data.

Global oil benchmark Brent crude declined 0.84% to $75.56 a barrel.