The Times Of India | May 12, 2026 , 16:04:52 IST

Stock Market Highlights:: Sensex ends over 1,400 points down, goes below 74,500, Nifty50 closes at 23,380 as oil prices soar, rupee weakens to record low

Stock Market Highlights: Nifty50 and BSE Sensex ended in deep red on Tuesday on weak global cues and rising crude oil prices. Analysts are of the view that stock market benchmarks Nifty50 and BSE Sensex may continue to trade cautiously in the near term as geopolitical tensions intensify, while stock-specific and sector-driven movements are likely to dominate amid the concluding phase of the Q4FY26 earnings season.Crude oil prices continue to remain high and above $100 per barrel levels as the US-Iran conflict continues. Crude oil prices rose in early Asian trade on Tuesday as negotiations between Washington and Tehran appeared fragile. Iran’s response to the US proposal underscored deep differences between the two sides, keeping concerns over supply disruptions alive.Where are Sensex and Nifty headed in the near-term? Track TOI’s live coverage on the stock market to track the top gainers and losers, and expert opinion:
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