Stock markets fall in early trade amid weak global peers, elevated oil prices
Stock markets experienced a significant decline in early trade due to elevated oil prices and weak global market trends. The Bombay Stock Exchange (BSE) Sensex fell by over 500 points, while the National Stock Exchange (NSE) Nifty also dropped. Investor sentiment remains fragile amid geopolitical tensions and concerns over potential military actions in Iran.
- ▪The BSE Sensex dropped 517.11 points to 74,667.51 in early trade.
- ▪Brent crude oil was priced at $110.8 per barrel.
- ▪Foreign Institutional Investors offloaded equities worth ₹2,457.49 crore on Tuesday.
Opening excerpt (first ~120 words) tap to expand
Benchmark equity indices tumbled in early trade on Wednesday (May 20, 2026) due to elevated oil prices, weak global market trends and renewed fears of restart of military operations if Iran failed to reach a peace deal.The 30-share Bombay Stock Exchange (BSE) Sensex tanked 517.11 points to 74,667.51 in early trade. The 50-share National Stock Exchange (NSE) Nifty dropped 152.45 points to 23,475.80. Stock markets succumb to late sell-off; Sensex falls 114 pointsFrom the 30-Sensex firms, Tata Steel, Bharat Electronics, Mahindra & Mahindra, Maruti, Eternal and UltraTech Cement were among the major laggards. Infosys, Tata Consultancy Services, Reliance Industries and Tech Mahindra were the winners.Brent crude, the global oil benchmark, traded at $110.8 per barrel.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
Discussion
0 commentsMore from The Hindu — Top
