Nifty, Sensex drop in early trade as oil prices, West Asia conflict weigh on sentiment

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A presumption    of Bombay Stock Exchange successful  Mumbai, India. File

A presumption of Bombay Stock Exchange successful Mumbai, India. File | Photo Credit: Reuters

Equity benchmark indices tumbled successful aboriginal commercialized connected Tuesday (May 12, 2026) amid rising crude lipid prices arsenic uncertainty surrounding the West Asia struggle clouded markets' confidence. Unabated overseas money outflows besides dragged the markets lower.

The 30-share BSE Sensex fell by 525.44 points to 75,489.84 successful aboriginal trade. The 50-share NSE Nifty dropped 164.5 points to 23,651.35.

From the 30-Sensex firms, Tata Consultancy Services, Infosys, Tech Mahindra, HCL Tech, Adani Ports and Bajaj Finserv were among the large laggards. Bharti Airtel and NTPC were the winners. Brent crude, the planetary lipid benchmark, traded 0.93% higher astatine $105.2 per barrel.

"The ongoing U.S.-Iran struggle continues to measurement connected planetary sentiment, keeping hazard appetite subdued crossed fiscal markets and resulting successful heightened headline-driven volatility crossed equities and commodities. Investors stay wary arsenic uncertainty surrounding the duration and imaginable result of the struggle continues to unreality marketplace confidence," Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

U.S. President Donald Trump connected Monday (May 11, 2026) said the ceasefire with Iran was astatine its "weakest" and connected "massive beingness support", a time aft helium rejected Tehran’s proposal to extremity the months-long warfare arsenic "totally unacceptable".

"It is astatine its weakest… After speechmaking that portion of garbage they sent us... It's connected beingness support, monolithic beingness support," Mr. Trump told reporters astatine the Oval Office successful effect to a question connected the ceasefire with Iran successful the aftermath of the rejection of the bid proposal.

Foreign Institutional Investors (FIIs) offloaded equities worthy ₹8,437.56 crore connected Monday (May 11, 2026), according to speech data.

In Asian markets, South Korea's benchmark Kospi and Shanghai's SSE Composite scale were trading lower, portion Japan's benchmark Nikkei 225 scale and Hong Kong's Hang Seng scale quoted higher. U.S. markets ended successful affirmative territory connected Monday (May 11, 2026).

On Monday (May 11, 2026), the BSE benchmark tanked 1,312.91 points oregon 1.70% to settee astatine 76,015.28. The Nifty dropped 360.30 points oregon 1.49% to extremity astatine 23,815.85.

Published - May 12, 2026 10:29 americium IST

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