Stock markets drop on renewed geopolitical concerns


Bombay Stock Exchange (BSE) in Mumbai. File

Bombay Stock Exchange (BSE) in Mumbai. File
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday (May 5, 2026) amid fresh tensions in the Strait of Hormuz region.

The rupee falling to all-time low of 95.40 against U.S. dollar in early trade also added to the weak trend in equities.

The 30-share BSE Sensex declined 361.62 points to 76,907.78 in early trade. The 50-share NSE Nifty dropped 134.90 points to 23,980.60.



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