Stock markets succumb to late sell-off; Sensex falls 114 points
Stock markets in India experienced a decline on May 19, 2026, with the Sensex falling by 114 points due to a sell-off in major blue-chip stocks. Concerns over the rupee hitting a record low and elevated global crude prices contributed to the negative sentiment. Despite gains in IT stocks, the overall market could not sustain its earlier momentum.
- ▪The BSE Sensex declined by 114.19 points, settling at 75,200.85.
- ▪The rupee slipped to a record low of 96.60 against the US dollar.
- ▪IT stocks showed robust performance, contrasting with declines in other sectors.
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Equity benchmarks Sensex and Nifty ended lower on Tuesday (May 19, 2026) due to a fag-end sell-off in blue-chip stocks HDFC Bank and Reliance Industries, as concerns rose over the Rupee hitting a new record low.Elevated global crude prices tracking geopolitical uncertainties also impacted market sentiment, but robust buying in IT stocks restricted the fall in indices, traders said.After remaining in the positive territory for the most part of the session, the Bombay Stock Exchange (BSE) Sensex suddenly came under selling pressure towards the end, declining 114.19 points, or 0.15%, to settle at 75,200.85. Markets extend losses as crude hits $100 amid U.S.-Iran imbroglio; Sensex tanks 852 pointsDuring the day, it surged 431.23 points, or 0.57%, to 75,746.27 after U.S.
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