Stock markets pare early gains; trade lower Benchmark equity indices in India slipped into negative territory on Wednesday (May 13, 2026) after briefly rising during early trade. The decline came amid elevated crude oil prices and ongoing geopolitical tensions, which weighed on investor sentiment. Foreign Institutional Investors (FIIs) also sold equities, exacerbating the downward trend. The 30-share BSE Sensex opened higher, gaining 75.64 points to 74,614.51, while the 50-share NSE Nifty rose by 17.10 points to 23,391.10. However, both indices failed to sustain the momentum, closing lower by the end of the trading session. The Sensex fell 182.60 points to 74,362.19, and the Nifty dropped 41.05 points to 23,352.25. Among the 30-Sensex firms, Power Grid, NTPC, Bajaj Finance, State Bank of India, Titan, and Axis Bank were the biggest laggards, while Asian Paints, Adani Ports, Tata Steel, and Kotak Mahindra Bank performed well. Crude oil prices remained a key factor, with Brent crude trading at around $106.6 per barrel. Analysts noted that rising oil prices and geopolitical uncertainty could further intensify global inflationary pressures. Hariprasad K., a research analyst, observed that the S&P 500 also declined due to weakness in technology stocks and higher oil prices, following a stronger-than-expected U.S. inflation report for April. India’s retail inflation rose slightly to 3.48% in April, driven by increased prices for gold and silver jewelry, as well as some kitchen items, according to government data released on May 12, 2026. The government also raised tariffs on gold and silver to 15% to curb imports and support the rupee, which recovered 16 paise from its all-time low to 95.52 against the U.S. dollar in early trade. Geopolitical tensions continued to affect markets, with Iran’s recent remarks suggesting that the U.S.#iran #enrich_money #bse_sensex #nse_nifty #fiis
Stock markets tumble for 3rd day as West Asia turmoil, rising oil prices weigh heavily on sentiments Stock market benchmark indices Sensex and Nifty ended sharply lower on Friday, driven by escalating tensions in West Asia and a surge in oil prices. The decline marked the third consecutive day of losses, with investor sentiment further dented by heavy global selling, persistent outflows of foreign capital, and a weak rupee. The 30-share BSE Sensex fell 1,579.82 points, or 2%, to 74,454.60 during intraday trading before closing at 74,563.92, a drop of 1,470.50 points, or 1.93%. The 50-share NSE Nifty declined 488.05 points, or 2.06%, to 23,151.10. Hindustan Unilever and Bharti Airtel were among the few gainers. Brent crude, the global oil benchmark, rose 0.25% to $100.7 per barrel, adding pressure on equity markets. Asian indices such as South Korea’s Kospi, Japan’s Nikkei 225, China’s SSE Composite, and Hong Kong’s Hang Seng all closed lower. European markets were also in negative territory. Foreign Institutional Investors (FIIs) sold equities worth ₹7,049.87 crore on March 12, while Domestic Institutional Investors (DIIs) bought stocks worth ₹7,449.77 crore. The Sensex had already dropped 829.29 points, or 1.08%, to 76,034.42 on March 12, and the Nifty fell 227.70 points, or 0.95%, to 23,639.15. The ongoing geopolitical tensions in West Asia, coupled with rising energy costs, have created uncertainty, prompting investors to retreat from riskier assets. Analysts noted that the combination of these factors, along with weak domestic currency performance, has exacerbated market volatility.#nifty #brent_crude #sensex #west_asia #fiis
