Today: 20 May 2026
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NSE:HPCL 29 September 2025 - 13 April 2026

Sensex Slides 703 Points, Nifty Ends Below 23,850 as Oil Tops $100 After U.S.-Iran Talks Fail

Sensex Slides 703 Points, Nifty Ends Below 23,850 as Oil Tops $100 After U.S.-Iran Talks Fail

The Sensex fell 702.68 points to 76,847.57 and the Nifty 50 dropped 207.95 points to 23,842.65 as Brent crude surged nearly 8% to $102.8 a barrel. The rupee slid 0.7% to 93.3750 per dollar, its sharpest decline in two weeks. Reliance Industries, HPCL, and BPCL shares dropped after the government raised export duties. Indian markets will be closed Tuesday for a local holiday.
India Stock Market Today: Sensex, Nifty Slide Toward Correction as Oil Shock Hits Rupee and Banks

India Stock Market Today: Sensex, Nifty Slide Toward Correction as Oil Shock Hits Rupee and Banks

Indian stocks fell sharply Monday, with the Sensex and Nifty down about 2.2% as Brent crude surged to $119.50 and the rupee hit a record low of 92.33 per dollar. Both indexes touched 11-month lows, entering correction territory. State-run banks dropped 5.5%, and InterGlobe Aviation slid 7.1%. The Reserve Bank intervened to slow the rupee’s fall, but traders warned volatility could persist if oil stays high.
India stock market today: Nifty, Sensex slip in late trade as Reliance drops, tariff jitters linger

India stock market today: Nifty, Sensex slip in late trade as Reliance drops, tariff jitters linger

The Nifty 50 fell 0.34% to 26,159.90 and the Sensex dropped 0.47% to 85,037.57 in late Mumbai trade Tuesday, led by declines in Reliance Industries and HDFC Bank. U.S. tariff threats and weak energy stocks weighed on sentiment. Trent slumped 7.5% after its update, while Tata Motors’ JLR flagged a sharp volume drop. The rupee firmed to 90.09 per dollar after state banks sold dollars.
Asian Markets Rally on Tech and Energy Gains – Investors Eye U.S. Shutdown Risk

Asian Markets Rally on Tech and Energy Gains – Investors Eye U.S. Shutdown Risk

Hong Kong’s Hang Seng rose 1% and South Korea’s KOSPI gained 1.3% Monday, while Japan’s Nikkei 225 slipped 0.8%. Energy stocks led gains in India, with Oil India up 2.2% after a gas find. China’s factory PMI is forecast below 50 for September, signaling continued contraction. U.S. government shutdown fears and new tariffs weighed on global sentiment as the dollar eased to ¥148.9.

Stock Market Today

  • Goldman Sachs Sees North Asian Stocks Outperforming Southern Markets on AI and Energy Resilience
    May 19, 2026, 9:30 PM EDT. According to Goldman Sachs strategist Tim Moe, North Asian equity markets outperform South Asian ones due to greater resilience to energy shocks and strong AI sector growth. South Korea and Taiwan lead with tech-heavy indices, posting significant year-to-date gains, including over 80% in South Korea. In contrast, South Asia, including Indonesia, suffers a 25% decline due to lacking technology exposure and higher energy vulnerability. China's A-shares have gained 10% amid emerging deflation recovery and policy support, while H-shares lag given weaker tech earnings. Moe warns of potential market corrections as energy supply shocks loom, despite optimism for stable Japanese markets fueled by political stability and AI robotics growth.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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