Home / Business / Business News / Article /
Sensex falls 516 points, Nifty slips below 24,200 amid Iran-US tensions
Updated On: 08 May, 2026 05:11 PM IST | Mumbai | mid-day online correspondent
Indian stock markets ended lower on Friday as escalating tensions near the Strait of Hormuz and weak global cues dampened investor sentiment. The Sensex fell 516 points while Nifty slipped below 24,200. PSU banks, metals and realty stocks declined, while IT shares gained
Market participants remained cautious following renewed exchanges of fire between the US and Iran near the Strait of Hormuz. Representational pic
Amid fresh military actions near the Strait of Hormuz, domestic equity markets ended the week under pressure on Friday. Weighed on investor sentiment, the Nifty and Sensex indices closed in the red.
The Nifty 50 index closed at 24,176.15, down 150.50 points or 0.62 per cent, while the BSE Sensex settled at 77,328.19, declining 516.33 points or 0.66 per cent.
How do you like the new new mid-day.com experience? Share your feedback and help us improve.
Trending Stories
Latest Photos
Latest Videos
Latest Web Stories
ADVERTISEMENT
Mid-Day Fast
ADVERTISEMENT
ADVERTISEMENT