May 11, 2026 9:49 AM
Sensex, Nifty Slip Over 1% as Rising Oil Prices Rattle Markets
Indian benchmark indices opened sharply lower on Monday as escalating tensions between the US and Iran pushed crude oil prices higher, triggering broad-based selling across sectors. The Sensex dropped nearly 943 points, or 1.22 per cent, to touch an intraday low of 76,384 during early trade. The Nifty also fell 280 points, or 1.15 per cent, slipping below the 24,000-mark to 23,897. Market sentiment weakened after hopes of a breakthrough in the ongoing US-Iran conflict faded. US President Donal...


