MP woman sits with 42-year-old fashion designer son's corpse for 5 days, praying for his revivalPolice said a milkman went to deliver milk and reported a foul odour and seeping blood, leading to the discovery of the body five days after the man died Updated on: May 26
Think tanning and pigmentation are the same? Experts decode the crucial differences between the twoTanning and pigmentation are often used interchangeably, but there’s quite a difference between the two. Experts decode the difference. Published on: May 26
‘Don’t visit Sikkim if you litter’: Anand Mahindra sparks civic sense debateAnand Mahindra’s X post on littering in Sikkim has gone viral, sparking debate on civic responsibility and tourist behaviour. Updated on: May 26, 2026 4:46 PM IST By Vaishali Kapila Share via Copy link Industrialist
China and Pakistan have reached a "new broad consensus" on deepening strategic ties to beef up development of a joint economic corridor and establish the port of Gwadar as a regional connectivity hub, the neighbours said on Tuesday (May 26, 2026)
Four All India Anna Dravida Munnetra Kazhagam MLAs have resigned from the Tamil Nadu Assembly over two days, with three of them joining the ruling Tamilaga Vettri Kazhagam, The Hindu reported. Three of them, Maragatham Kumaravel, the MLA from Madurantakam
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Backpacking across Europe? A solo traveller and content creator suggests the perfect packing listA solo traveller shares the smartest Europe backpacking essentials
PM Modi to visit Australia in ‘near future’: Australian foreign minister Penny WongWong said Australian Prime Minister Anthony Albanese had announced that Modi would visit Australia in the “near future”. Updated on: May 26, 2026 4:46 PM IST By HT News Desk Share via Copy link Prime Minister
Woman shows ladoos melting in Delhi heat, says ‘Inki abh barfi banegi’A viral video showing boxes of ladoos turning into a soft mess has left the internet amused, as people react with memes and relatable summer experiences. Updated on: May 26
Sensex, Nifty 50 slump to lowest in nearly a year as oil boils amid Iran war
Sensex, Nifty 50 slump to lowest in nearly a year as oil boils amid Iran war
Sensex, Nifty 50 slump to lowest in nearly a year as oil boils amid Iran war
Sensex and Nifty have now declined about 4.6% since the start of the Iran war, even as surging crude oil prices threatens to weigh on the Indian economy.
Updated on: Mar 09, 2026 5:36 PM IST By Tushar Deep Singh Share via Copy link India's stock market fell to the lowest in nearly a year as a surge in crude oil prices, due to an escalating Iran war in West Asia, sparked concerns on inflation and GDP growth in the world's fourth largest economy. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. The geopolitical premium has already taken a toll on Dalal Street. (Reuters) The 30-share S&P BSE Sensex fell 1.71% to an eleven-month low of 77,566.16 points, even as the the wider Nifty 50 lost 1.73% to 24,028.05 — the lowest in 10 months. The India Volatility Index spiked to s twenty-one-month high today. 15 of the 16 major sectors fell, while the broader small-caps and mid-caps lost about 2.2% and 2%, respectively. Higher crude oil prices—up nearly 30% to their highest since mid-2022—poses a serious challenge for India as the country imports nearly 85% of its energy needs. A higher import bill weighs on the rupee—already at a record low against the US dollar—which then has domino effect on the economy at large. The Iran war entered its second week on Monday. Tehran has named Mojtaba Khamenei as successor to his father, Ayotollah Ali Khamenei, who was killed on the first day of US and Israel strikes in the country. “The sustained rise in crude prices is likely to complicate the RBI’s policy outlook by keeping inflation elevated and posing risks to growth,” Vinod Nair, head of research at Geojit Investments Ltd., told Hindustan Times over email. “Despite this, the current phase may offer opportunities for long-term investors. Selective value buying in pharma and IT helped limit deeper losses and indicated a defensive stance amid a weakening rupee in the short term.”Crude Dynamics
The price shock comes as an escalating Iran war stokes fears of prolonged supply disruptions through the Strait of Hormuz. Adding to the supply constraints, Iraq and Kuwait have begun curbing oil output, compounding earlier LNG reductions from Qatar. “This war is different from the Ukraine war as it impacts all major economies in one stretch and quite badly so,” G. Chokkalingam, founder and head of research at Equinomics Research, told Reuters. “Time is running out for finding a compromise and it's a very difficult situation for markets as there is panic selling on concerns that higher crude prices will pile the pressure on currency, trade deficit and budget deficits...”Iran war impact on India
For India, the world’s third-largest crude importer, the spike in energy costs presents a severe macroeconomic headwind. The surge threatens to widen the government's fiscal deficit, compress corporate margins through higher input costs, and place renewed depreciation pressure on the local currency. Even if hostilities ease, economists warn that damaged infrastructure, disrupted logistics, and elevated shipping risks could saddle global businesses and consumers with high fuel prices for months. The geopolitical premium has already taken a toll on Dalal Street. The conflict dragged both the Nifty 50 and the S&P BSE Sensex down 2.9% last week, marking their worst weekly performance in more than a year. The benchmarks have fallen about 4.6% since the start of the Iran war. Foreign institutional investors offloaded ₹6,030 crore ($654 million) of local shares on Friday, completely absorbing the ₹6,972 crore in rescue purchases made by domestic funds, according to provisional exchange data.Stocks In Focus
Indian Oil, Bharat Petroleum and Hindustan Petroleum fell between 4.4% and 6.2% as surging crude squeezes their marketing margins. India's public-sector banks slid 4% on fears that the oil shock would keep interest rates higher, hurting treasury income. Top private lenders HDFC Bank and ICICI Bank dropped 1.9% and 2.7%, respectively. Shares of Interglobe Aviation Ltd., which operates India's top airline IndiGo, sank 3.8% on worries that higher fuel costs and a hit to international air traffic would dent earnings. Infrastructure major Larsen & Toubro Ltd., which has a significant exposure to the Middle East, lost 2.7%, after a 7.7% fall last week. ABOUT THE AUTHOR Tushar Deep Singh Tushar Deep Singh is a business journalist and digital editorial leader with 12 years of experience at the intersection of India’s Automotive and IT-AI sectors. Currently Assistant Editor at Hindustan Times, he is building the HT Business vertical and managing the newsletters for both Livemint and HT. When not in the newsroom, he can be found on a motorcycle. Throughout his career, Tushar has been instrumental in scaling digital publishing operations at some of India’s largest financial news websites. His six-year tenure at Mint—the first job—saw him plunge into online media to deliver record-breaking digital engagement for Livemint.com, including 7.2 million pageviews on 2017 UP Election Results day. He held fort at Livemint during a senior-level leadership transition later that year. That won him the HT Media Star Award (Bronze) in 2017 and a Certificate of Appreciation for Editorial Excellence in 2018. As the head of the digital desk at ETTech, he curated two daily, full-stack newsletters from an editorial as well as product perspective. At NDTV Profit, he transitioned from website editor to principal correspondent, reporting on the Auto and AI-IT sectors for the TV channel and website, thereby adding yet another layer to his editorial expertise. He is a post-graduate in journalism from Xavier Institute of Communications, Mumbai, and a graduate from St. Xavier's College, Ahmedabad.Read More Business News Stock Market Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Silver Rates, Diesel Prices, Budget 2026 LIVE on Hindustan Times. News / Business / Sensex, Nifty 50 Slump To Lowest In Nearly A Year As Oil Boils Amid Iran War See LessIndia's stock market fell to the lowest in nearly a year as a surge in crude oil prices, due to an escalating Iran war in West Asia, sparked concerns on inflation and GDP growth in the world's fourth largest economy.
The 30-share S&P BSE Sensex fell 1.71% to an eleven-month low of 77,566.16 points, even as the the wider Nifty 50 lost 1.73% to 24,028.05 — the lowest in 10 months. The India Volatility Index spiked to s twenty-one-month high today. 15 of the 16 major sectors fell, while the broader small-caps and mid-caps lost about 2.2% and 2%, respectively.
Higher crude oil prices—up nearly 30% to their highest since mid-2022—poses a serious challenge for India as the country imports nearly 85% of its energy needs. A higher import bill weighs on the rupee—already at a record low against the US dollar—which then has domino effect on the economy at large.
The Iran war entered its second week on Monday. Tehran has named Mojtaba Khamenei as successor to his father, Ayotollah Ali Khamenei, who was killed on the first day of US and Israel strikes in the country.
“The sustained rise in crude prices is likely to complicate the RBI’s policy outlook by keeping inflation elevated and posing risks to growth,” Vinod Nair, head of research at Geojit Investments Ltd., told Hindustan Times over email.
“Despite this, the current phase may offer opportunities for long-term investors. Selective value buying in pharma and IT helped limit deeper losses and indicated a defensive stance amid a weakening rupee in the short term.”
“This war is different from the Ukraine war as it impacts all major economies in one stretch and quite badly so,” G. Chokkalingam, founder and head of research at Equinomics Research, told Reuters.
“Time is running out for finding a compromise and it's a very difficult situation for markets as there is panic selling on concerns that higher crude prices will pile the pressure on currency, trade deficit and budget deficits...”
Even if hostilities ease, economists warn that damaged infrastructure, disrupted logistics, and elevated shipping risks could saddle global businesses and consumers with high fuel prices for months.
The geopolitical premium has already taken a toll on Dalal Street. The conflict dragged both the Nifty 50 and the S&P BSE Sensex down 2.9% last week, marking their worst weekly performance in more than a year. The benchmarks have fallen about 4.6% since the start of the Iran war.
Foreign institutional investors offloaded ₹6,030 crore ($654 million) of local shares on Friday, completely absorbing the ₹6,972 crore in rescue purchases made by domestic funds, according to provisional exchange data.
Source: HindustanTimes
Related Posts: Sensex, Nifty 50 slump to lowest in 11 months as oil boils amid Iran war CBSE Class 11 UK inflation rate hits lowest level in four months Rupee recovers from lowest level Press freedom hits its lowest level in 25 years Tesla market share in US drops to lowest since 2017 as competition heats up India’s Unemployment Rate At 2% Is Lowest Among G20 Nations Why India's Petrol Price Hike Is Still Among The Lowest In The World US Fed Cuts Rates To Lowest Since 2022 Sophie Turner on why being at your lowest is liberating
Martha Mitchell was a flamboyant Washington DC socialite whose husband was embroiled in the Watergate scandal. Her shocking claims of a violent abduction and a "dirty business" were ridiculed as delusional – until they turned out to be true. Martha Mitchell was a character; everyone agreed on
1 days ago
From the academic year 2026–27, bilingual classes will be introduced in all government schools across 15 districts of the state. While the government had earlier announced that English would be introduced in LKG classes, a fresh directive now states that an Urdu-English bilingual medium will also
1 days ago
Trading scalpel for golf irons: Indian-origin golfer Manav Shah’s stirring journey to US OpenTrading scalpel for golf irons: Indian-origin golfer Manav Shah’s stirring journey to US Open Updated on: May 26, 2026 4:14 PM IST PTI Share via Copy link New Delhi
1 days ago
Pakistan’s Defence Minister Khawaja Asif has said that he was not in favour of Islamabad joining the Abraham Accords to normalise relations with Israel. Also read | Pakistan deploys jet squadron, thousands of troops to Saudi Arabia amid escalating Iran war tensionsPakistan’s Defence Minister
1 days ago
AIADMK MLA Esakki Subaya submitted his resignation today. He is the fourth MLA from the party to resign in two days. Subaya supported former ministers C Ve Shanmugam and S P Velumani. Three other AIADMK MLAs also resigned yesterday. They are expected to get tickets for upcoming byelections from the
1 days ago
Kimi Antonelli extended his lead in the drivers' championship after Mercedes team-mate George Russell retired from the Canadian Grand Prix. Ferrari's Lewis Hamilton finished second and Max Verstappen's Red Bull made up the top three. Russell was successful earlier in the weekend when he converted
1 days ago
Madhya Pradesh Chief Minister Mohan Yadav on Monday announced financial assistance of Rs 5 lakh each to the families of three persons who died in February 2003 during protests seeking to declare the Bhojshala-Kamal Maula mosque complex in Dhar district as a temple, The Hindu reported
1 days ago
2026 Honda City facelift on wishlist? Key genuine accessories you can buyThe 2026 Honda City facelift can be accessorised with a plethora of genuine accessories. Published on: May 26, 2026 1:40 PM IST By Mainak Das Share via Copy link Limited Time Deals on Popular cars Volvo XC90 ₹ 97
1 days ago
Lawyer seeks to register Cockroach Janta Party separately from US-based founderSudhir Jakhar, the lawyer calling himself the party’s national convener, submitted the application to the ECI secretary Updated on: May 26, 2026 1:57 PM IST By Harsh Yadav Share via Copy link A lawyer from Haryana’s
1 days ago
South Korean seven-piece BTS have won Artist of the Year at the American Music Awards (AMAs) for the second consecutive year, cementing their status as one of the world's biggest bands. The award, considered the ceremony's grand prize, is just the latest crown jewel for the so-called kings of K-pop
1 days ago
The ET Most Innovative AI Product Awards 2026 recognises the AI Platforms, Infrastructure & Developer Tools category. It highlights the technologies powering the next phase of enterprise AI from platforms and MLOps to observability and developer tools. These innovations are enabling scalable
1 days ago
Vedant Shrivastava posts correct CBSE answer sheet, alleges marks slashed for right answerClass 12 student Vedant Shrivastava has received his correct answer sheets after CBSE admitted to a mix-up with his Physics paper. Updated on: May 26, 2026 1:13 PM IST By Sanya Jain Share via Copy link Class
1 days ago
Assam Chief Minister Himanta Biswa Sarma announced plans to boost the state's economy to Rs 10 lakh crore by 2028. He stated the tabling of the Uniform Civil Code bill demonstrates the government's dedication to the rights of minority women. Sarma also noted the election results reflected public
1 days ago
Air India has rolled out an upgrade to its Maharaja Club loyalty programme, allowing members to earn and redeem Maharaja Points on Air India Express flights covering more than 55 destinations across South Asia, Southeast Asia, and West Asia. The move broadens the scope of the airline group’s
1 days ago
Hansal Mehta has long been recognised as one of India’s most emotionally observant storytellers. Whether through the raw realism of Shahid, the intimacy of Aligarh, the unsettling tension of Scam 1992 or the deeply human narratives that run across his body of work
1 days ago
Tech Tonic | Ferrari Luce, Sir Jony Ive, and a subversion of ethosFerrari Luce is trying to tell the carmakers of the world that cars don’t have to feel like driving a tablet. Published on: May 26, 2026 11:43 AM IST By Vishal Mathur Share via Copy link The first car from Sir Jonathan Paul Ive
1 days ago
SC stays Delhi HC ruling against barring law students over attendance shortageA bench of justices Vikram Nath and Sandeep Mehta passed the interim order while issuing notice on a petition filed by the Bar Council of India (BCI) against the November 2025 judgment of the Delhi HC Published on: May 26
1 days ago
Hema Malini’s blush pink saree for receiving Dharmendra’s Padma Vibhushan is all about elegance and simplicity. See picsVeteran actor Hema Malini looked graceful in a blush pink saree as she accepted late actor Dharmendra’s Padma Vibhushan at the 2026 ceremony in New Delhi
1 days ago
Bengaluru traffic police slaps auto driver over accident, viral video sparks outrageMany on social media have tagged Bengaluru Police, urging them to take a look into the matter where a cop allegedly slapped an auto driver. Published on: May 26
1 days ago
Israeli Finance Minister Bezalel Smotrich on Monday (May 25, 2026) called on Prime Minister Benjamin Netanyahu to resume bombing Beirut in response to increased explosive drone attacks by Hezbollah on Israeli troops and northern Israel towns. Mr
1 days ago
has reported a net profit of Rs 48.4 crore for FY26, its first full financial year after the completed its with , marking a turnaround from a Rs 216.7 crore loss in the previous year.Total income more than doubled to Rs 1,402.7 crore in FY26 from Rs 603.8 crore in FY25
1 days ago
Partnership, the firm cofounded by Indian entrepreneurs , Sanjeev Kumar and Ashish Kumar, has launched a dedicated frontier-tech investment platform, (Fundamentum Frontier Advisors), with Rs 3,000 crore to invest in artificial intelligence and deeptech startups.Of this, Rs 2
1 days ago
The admission process for IGNOU July 2026 session has commenced for Open and Distance Learning (ODL) and online programmes. Interested students can apply by visiting ignouadmission.samarth.edu.in. The Indira Gandhi National Open University has started the admission process for the July 2026
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.From instant coffee to incredible: The best easy-to-use brewers for a better morningGood coffee at home no longer needs cafe visits, as these coffee machines can handle espresso
1 days ago
5 crystals to bring luck and financial growthGemstones are tools to connect your goals with your actions and mindset. Here are five crystals that are often linked with luck and financial growth. Updated on: May 26, 2026 1:20 PM IST Edited by Kanakanjali Roy Share via Copy link While crystals are
1 days ago
The U.S. military said it carried out “self-defence” strikes in southern Iran, including on missile launch sites and boats placing mines, even as President Donald Trump said on social media that negotiations were “proceeding nicely”. The strikes were done “to protect our troops from
1 days ago
Wall Street is abuzz with next month’s expected blockbuster debut of Elon Musk’s rocket and satellite maker SpaceX, but few of the biggest IPOs in recent years have paid off for investors who bought in when the deals came to market. A Reuters analysis of the 50 IPOs with the highest
1 days ago
