Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday (May 5, 2026) amid fresh tensions in the Strait of Hormuz region.

The rupee falling to all-time low of 95.40 against U.S. dollar in early trade also added to the weak trend in equities.

The 30-share BSE Sensex declined 361.62 points to 76,907.78 in early trade. The 50-share NSE Nifty dropped 134.90 points to 23,980.60.

From the 30-Sensex firms, Larsen & Toubro, Bajaj Finance, Bajaj Finserv, ICICI Bank, Sun Pharma and Maruti were among the major laggards.

Bharti Airtel, Reliance Industries, Titan and Bharat Electronics were among the winners.

Brent crude, the global oil benchmark, traded around $113 per barrel mark.

“The market trend will be guided by the developments in West Asia particularly in the Strait of Hormuz. The resumption of hostilities in the Hormuz region and Brent crude again spiking to around $113 are headwinds for the market,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, Hong Kong’s Hang Seng index quoted lower.

U.S. markets ended lower on Monday.

“U.S. markets saw sharp selling pressure, with the Dow correcting significantly as crude oil surged on renewed geopolitical concerns around the Strait of Hormuz. Elevated oil prices, still holding above the $100 mark, continue to pose a macro risk for India, given its import dependence,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

Foreign Institutional Investors (FIIs) turned buyers on Monday (May 5, 2026), buying equities worth ₹2,835.62 crore, according to exchange data.

“Indian equity markets are likely to trade with a cautious bias, as renewed tensions between the U.S. and Iranian forces weigh on investor sentiment,” Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

While the outcome of recent state assembly elections and fresh data indicating foreign portfolio investors have turned net buyers of domestic equities offer some measure of support, the broader mood remains one of restraint, he said.

“Geopolitical uncertainty and prevailing global risk aversion continue to dominate sentiment, limiting the scope for a sustained upside in the near term,” Mr. Ponmudi added.

In a mandate as sweeping as it is symbolic, the BJP on Monday (May 4, 2026) scripted history by winning 206 seats to secure more than a two-thirds majority in the West Bengal assembly polls, ending the TMC’s 15-year rule, and decisively shifting the state’s ideological and political centre of gravity.

On Monday (May 4, 2026), the Sensex climbed 355.90 points or 0.46% to settle at 77,269.40. The Nifty rallied 121.75 points or 0.51% to end at 24,119.30.

In a highly volatile trade, the 30-share Bombay Stock Exchange (BSE) Sensex dropped 124.95 points to 84,775.76 in early trade on Tuesday (November 25, 2025). The 50-share National Stock Exchange (NSE) Nifty declined 35.35 points to 25,924.15.

From the Sensex firms, Power Grid, Tata Motors Passenger Vehicles, Infosys, Tech Mahindra, Trent and Bharti Airtel were among the major laggards.

However, Reliance Industries, Bharat Electronics, Tata Steel and State Bank of India were among the gainers.

Foreign institutional investors (FIIs) offloaded equities worth ₹4,171.75 crore on Monday (November 24, 2025), according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth ₹4,512.87 crore in the previous trade.

“Nifty’s attempt to break the 2024 September high and set new record is facing resistance particularly from resumption of big FII selling which touched ₹4,171 crore in the cash market yesterday (November 24, 2025),” V.K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai Stock Exchange Composite index and Hong Kong’s Hang Seng index were trading in positive territory.

U.S. markets ended significantly higher on Monday (November 24, 2025).

“Nifty closed below 26,000 on Monday (November 24, 2025) as selling pressure persisted, raising doubts over whether the recent rally is fading and whether the index can recover after two sharp sessions. Sentiment is dampened by ₹18,013 crore of FII outflows in November 2025 and uncertainty around the India–U.S. trade deal,” Prashanth Tapse, senior vice-president (Research), Mehta Equities Ltd, said.

Brent crude, the global oil benchmark, dipped 0.38% to $63.13 per barrel.

On Monday (November 24, 2025), the Sensex declined by 331.21 points or 0.39% to settle at 84,900.71. The Nifty fell by 108.65 points or 0.42% to 25,959.50.

Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday (August 28, 2025) as the additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect, weighing on investors’ sentiment. Besides this, foreign fund outflows also dented investors’ sentiment.

The additional 25% tariff imposed by the U.S. on India came into effect on Wednesday (August 27, 2025), bringing the total amount of levies imposed on New Delhi to 50%.

The 30-share BSE Sensex tanked 508.16 points to 80,278.38 in early trade. The 50-share NSE Nifty dived 157.35 points to 24,554.70.

From the Sensex firms, HCL Tech, HDFC Bank, Power Grid, Sun Pharma, NTPC and Bharat Electronics were among the major laggards.

However, Eternal, Asian Paints, Titan, Maruti and Larsen & Toubro were the gainers.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index traded in positive territory while Hong Kong’s Hang Seng quoted lower. The U.S. markets ended in positive territory on Wednesday (August 27, 2025).

“The 50% tariff imposed on India, which has already come into effect, will weigh on market sentiments in the near-term. But the market is unlikely to panic since the market will view these high tariffs as a short-term aberration which will be resolved soon,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

The real challenge before the market is the high valuations and the tepid earnings growth, he said.

“The strong pillar of support to the market is the aggressive buying by DIIs (Domestic Institutional Investors) flush with funds. Any selling by FIIs will be easily neutralised by the aggressive buying by DIIs,” Vijayakumar added.

Global oil benchmark Brent crude dipped 0.76% to $67.53 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹6,516.49 crore on Tuesday, according to exchange data. DIIs, however, bought stocks worth ₹7,060.37 crore.

The domestic equity markets were closed on Wednesday (August 27, 2025) on account of Ganesh Chaturthi.

On Tuesday (August 26, 2025), the Sensex tanked 849.37 points or 1.04% to settle at 80,786.54, and the Nifty dropped 255.70 points or 1.02% to 24,712.05.

Equity benchmark indices Sensex and Nifty tumbled in early trade on Friday (July 25, 2025) dragged down by Bajaj Finance and persistent foreign fund outflows.

A weak trend in Asian markets also dented investors’ sentiment.

The 30-share BSE Sensex dropped 407.45 points to 81,776.72 in early trade. The 50-share NSE Nifty declined 144.3 points to 24,917.80.

From the Sensex firms, Bajaj Finance tanked nearly 6% post its June quarter earnings announcement. Bajaj Finserv fell by over 4 per cent.

Tata Steel, Hindustan Unilever, Mahindra & Mahindra, UltraTech Cement, Power Grid and Maruti were also among the laggards.

However, Eternal, ICICI Bank, HCL Tech and State Bank of India were the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,133.69 crore on Thursday (July 24, 2025), according to exchange data. However, Domestic Institutional Investors (DIIs) bought stocks worth ₹2,617.14 crore.

“The near-term market construct has turned weak. Sustained FII selling of ₹11,572 crore in the last four trading days will weigh on the market,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng quoted lower while South Korea’s Kospi traded in positive territory.

The U.S. markets ended on a mixed note on Thursday (July 24, 2025).

India and the U.K. signed a landmark free trade agreement on Thursday (July 24, 2025), which, starting next year, will see 99 per cent of Indian exports enter the U.K. duty-free, while reducing tariffs on British products such as cars and whisky.

The deal, which comes days ahead of the U.S. moratorium on higher tariffs coming to an end, aims to double the USD 56 billion trade between the world’s fifth and sixth largest economies by 2030.

“The India-UK FTA, which is India’s first comprehensive trade agreement with a major developed country, has two implications from the market perspective. One, this FTA will significantly boost trade between both countries, which will be seen as a positive by the market. Two, this FTA along with many other FTAs signed by India with other countries, projects India as a nation committed to free trade. The fact that this FTA has come during a time of tariff wars is commendable, and hopefully this will improve India’s chances of striking a fair-trade deal with the U.S.,” Vijayakumar added.

Sectors like textiles, leather, food processing, automobiles, pharmaceuticals and gems and jewellery, which are expected to benefit from the FTA, will be on the market radar, he said.

Global oil benchmark Brent crude climbed 0.39% to $69.45 a barrel.

On Thursday, the Sensex tanked 542.47 points or 0.66% to settle at 82,184.17. The Nifty dropped 157.80 points or 0.63% to 25,062.10.