Sensex, Nifty at close: The domestic equity markets closed the session on a lower note, ending in the red for the fourth straight session. The Nifty 50 shut the day 436 points or 1.83% lower at 23,379.55, while the Sensex dropped 1,456 points or 1.92% to end at 74,559.
Oil And Natural Gas Corporation, Hindalco Industries, State Bank of India, and Bharti Airtel were the only gainers in the Nifty 50.
Sensex, Nifty at 2:00 PM: The sell-off in the Indian markets continued to deepen at this hour, with benchmark indices seeing sharp losses. The Sensex plunged 1,111.23 points, or 1.46%, to 74,904.05, while the Nifty dropped 317.75 points, or 1.33%, to trade at 23,498.10.
Sensex, Nifty at 1:00 PM: The pressure in the Indian markets continued, with benchmark indices falling lower. The Sensex plunged 1,022.65 points, or 1.35%, to 74,992.63, while the Nifty 50 declined 288.95 points, or 1.21%, to 23,526.90 at this hour.
Sensex, Nifty at 12:15 PM: Markets extended losses further in the afternoon trade, with the Sensex falling 907.15 points, or 1.19%, to 75,108.13, while the Nifty slipped 249.50 points, or 1.05%, to 23,566.35.
The biggest damage remained visible in the information technology (IT) space. The Nifty IT Index plunged more than 1,000 points during the intraday session, falling over 3.6% and slipping below the 28,300 mark. All 10 constituents of the index were trading in the red.
Sensex, Nifty at 10:45 AM: At this hour, benchmark indices remained under pressure, with the Sensex falling 748.22 points, or 0.98%, to 75,267.06, while the Nifty declined 208.70 points, or 0.88%, to 23,607.15.
The key laggards at this hour were largely from the IT pack. Tata Consultancy Services slipped 4.45%, while Infosys dropped 3.87%. Tech Mahindra declined 3.25%, and HCLTech was down 3.13%. Among other major losers, Trent fell 2.17%.
Sensex, Nifty at 9:45 AM: At this hour, benchmark indices extended their losses, with the Sensex falling 700 points, or 0.84%, to 75,378.61, while the Nifty declined 165.70 points, or 0.70%, to 23,650.15.
“The austerity call by the prime minister impacted the stock prices of sectors that are expected to be negatively affected by reduced consumption. Stocks of sectors like jewellery, travel and hotels bore the brunt of selling yesterday,” said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
“It is important to understand that these sectors will bounce back smartly if crude falls sharply and the austerity package becomes irrelevant. Therefore, watch out for the West Asia geopolitical situation and crude prices,” he added.
Sensex, Nifty at open today: Markets opened lower on Tuesday, with the Sensex falling 416.13 points, or 0.55%, to 75,599.15, while the Nifty slipped 102.90 points, or 0.43%, to 23,712.95.
Sensex, Nifty at Pre-open today: In the pre-trading session, the Sensex was down 282.29 points, or 0.37%, at 75,732.99, while the Nifty slipped 94.70 points, or 0.40%, to trade at 23,721.15.
Stock market today: Indian markets may open on a cautious note on Tuesday, as GIFT Nifty is trading 0.66% lower at 23,645 in early trade.
Investors are expected to keep an eye on developments across West Asia, global market moves, crude oil prices, and the dollar index for fresh direction. Foreign investor activity and trends across Asian markets will also be closely tracked during the session.
Apart from global cues, quarterly earnings from domestic companies are likely to remain in focus.
Previous session: Markets end lower
Domestic stock markets ended Monday’s session in the red, with both benchmark indices falling around 1.5%. The Nifty declined 360 points to settle at 23,815, while the Sensex dropped 1,312 points to close at 76,015.
Key global and domestic cues to watch on May 12, 2026
Asian markets
Asian markets traded mostly higher in early trade on Tuesday. Japan’s Nikkei 225 gained 0.2%, while the Topix index moved up 0.54%.
South Korean markets remained strong after the previous session’s record close. The Kospi surged more than 2%, while the Kosdaq index rose 0.62%.
Meanwhile, Australia’s S&P/ASX 200 traded largely unchanged.
PM Modi suggests online classes amid fuel-saving push
Prime Minister Narendra Modi on Monday suggested that schools may consider online classes as part of efforts to reduce fuel consumption amid the ongoing West Asia conflict. He also spoke about work-from-home arrangements and reducing unnecessary travel to help lower fuel usage and import pressure.
Ceasefire outlook remains uncertain
US President Donald Trump on Monday raised fresh doubts over the US-Iran ceasefire. He said the truce was in a very weak position after Tehran gave a response that Washington did not accept.
US Market
US markets ended higher in the previous session. The S&P 500 gained 0.19% to close at 7,412.84, while the Nasdaq Composite rose 0.1% to settle at 26,274.13. Both indices touched fresh record highs during intraday trade and also closed at all-time highs.
The Dow Jones Industrial Average also moved up, gaining 95.31 points or 0.19% to end at 49,704.47.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.07% up at 98.01 on Tuesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.83% to close at 95.31 to the dollar on May 11.
Crude oil
Crude oil prices moved higher on Tuesday after US President Donald Trump said the Iran ceasefire remained uncertain.
His comments came after Tehran reportedly rejected a proposal aimed at ending the conflict. The raised concerns that tension in the Middle East could continue for longer.
Brent crude climbed 0.64% to $104.87 a barrel, while U.S. West Texas Intermediate gained 0.50% to $98.56 per barrel.
FII, DII data
Foreign investors sold shares worth Rs 8,438 crore on May 11, marking their biggest selling since April 24.
Domestic investors, meanwhile, bought shares worth Rs 5,940 crore.
Gold rate today
In the international market, gold was trading at $4,774 per ounce.
Gold prices in India remain in sharp focus. On the MCX, June 5, 2026, gold futures were trading at Rs 1,53,901 per 10 grams in the latest update.
Silver rate today
Silver (XAG/USD) extended its rally and continued its bullish momentum amid escalating geopolitical tension in the Middle East. In the international market, silver was trading at around $87 per ounce.
Key sectoral gainers in last trading session
In the last trading session, tea and coffee stocks emerged as the top-performing pack, rising 6.22%. Hospital stocks also saw strong buying interest and gained 1.87%, while diagnostics stocks advanced 1.76%. Meanwhile, pharmaceutical and healthcare stocks edged up 0.77% during the session.
Best and worst performing business group in last trading session
In the last trading session, Essar Group stocks led the gainers with a rise of 5.11%, followed by MP Birla Group stocks which gained 3.7%. Yash Birla Group stocks also ended higher, advancing 2.44%.
On the losing side, Godrej Group stocks fell 3.96%, while Essel Group declined 4.59%. Arvind Mafatlal Group stocks emerged among the top laggards, slipping 5.13% during the session.