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Benchmark indices Sensex and Nifty tumbled successful aboriginal commercialized connected Monday (May 18, 2026) amid surging lipid prices, anemic planetary marketplace trends aft caller escalation successful tensions successful West Asia.
A drone onslaught targeted the Barakah atomic installation successful the United Arab Emirates (UAE) connected Sunday (May 17, 2026), marking a unsafe escalation successful the West Asia conflict.
The 30-share BSE Sensex tanked 833.20 points to 74,404.79 successful aboriginal trade. The 50-share NSE Nifty dropped 234 points to 23,401.70.
From the 30-Sensex firms, Tata Steel, Power Grid, Maruti, Trent, Titan and HDFC Bank were the biggest laggards.
Infosys, Tech Mahindra, Bharti Airtel and Tata Consultancy Services were the winners.
Brent crude, the planetary lipid benchmark, traded 1.79% higher astatine $111.2 per barrel.
"Brent crude has spiked to USD 111 connected lack of initiatives to unfastened the Strait of Hormuz," V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
In Asian markets, Japan's benchmark Nikkei 225 index, Shanghai's SSE Composite scale and Hong Kong's Hang Seng scale quoted lower, portion South Korea's benchmark Kospi traded successful affirmative territory.
U.S. markets ended implicit 1% little connected Friday (May 15, 2026).
"Global hazard appetite weakened sharply aft caller escalation fears emerged successful the Middle East. US President Donald Trump’s informing urging Iran to 'get moving, FAST' has erstwhile again revived concerns astir a imaginable disruption successful planetary crude lipid proviso routes, peculiarly astir the Strait of Hormuz," Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.
For Indian markets, the biggest interest continues to stay elevated crude lipid prices and currency pressure, helium added.
Foreign Institutional Investors (FIIs) bought equities worthy ₹1,329.17 crore connected Friday, according to speech data.
"U.S. President Donald Trump issued a caller informing stating that the 'clock is ticking for Iran', signaling increasing impatience implicit the gait of negotiations and expanding uncertainty surrounding the ongoing US–Iran concern and the Strait of Hormuz. This continues to stay a cardinal overhang for planetary fiscal markets," Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.
On Friday (May 15, 2026), the Sensex dropped 160.73 points, oregon 0.21%, to settee astatine 75,237.99. The Nifty settled little by 46.10 points, oregon 0.19%, astatine 23,643.50, snapping its two-day gaining streak.
