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India Sensex Slides 700 Points Amid US-Iran Clash

5/5/2026

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Story summary
  • India's Sensex dropped more than 700 points to 76,550 on Tuesday as fresh U.S.–Iran clashes sparked market weakness.
  • The Nifty 50 fell about 200 points, staying just above the 23,900 level.
  • The rupee slipped 0.3% to 95.39 per dollar, breaking the prior record low of 95.33, while Brent crude fell 1% to $113 per barrel.
  • Foreign investors turned net buyers on Monday, acquiring Indian equities worth Rs 2,836 crore.