Brief by Shorts91 Newsdesk / 12:13pm on 11 May 2026,Monday Business
Indian equity markets ended sharply lower on Monday as rising tensions in West Asia and surging crude oil prices triggered heavy selling across sectors. The BSE Sensex fell 1,312 points to close at 76,015, while the Nifty 50 dropped 360 points to settle at 23,815. Investor sentiment weakened after US President Donald Trump rejected Iran’s peace proposal, pushing Brent crude prices near $105 per barrel. Banking, auto, oil and consumer stocks led the decline, while pharma shares saw limited buying. Analysts warned that prolonged geopolitical tensions and high crude prices could continue to pressure Indian markets. (PC: ai)
