Iran war impacts Indian stock markets rupee:Rising oil prices make investors cautious as nation’s currency falls to all-time-low

On the second trading day of the week, i.e., May 5, a decline is being witnessed in the stock market. The Sensex has fallen by about 600 points and dipped below the 77,000 level. Nifty has also declined by 140 points and fell below the 24,000 level. Rupee falls to all-time-low Rupee fell 17 paise to all-time low of 95.40 against US dollar on Tuesday. Out of the 30 Sensex stocks, 18 are witnessing a decline while 12 are showing gains. Stocks like Bajaj Finance, Bajaj Finserv, ICICI Bank, and Sun Pharma are witnessing a decline of up to 2%. Oil gains Due to renewed tensions regarding the Strait of Hormuz, the prices of the global oil benchmark, Brent crude, rose to $114 per barrel. Mixed trading in Asian markets today US markets declined on May 4 FII sold shares worth ₹10,514 crore in 7 days Note: Net buying/selling figures of FIIs and DIIs are in crores of rupees. Sensex closed 355 points higher on Monday Earlier on Monday, May 4, the stock market witnessed an uptrend. Sensex closed 355 points higher at the level of 77,269. Nifty also remained 121 points up, it closed at the level of 24,119.