Indian equity markets opened sharply lower on Monday, May 11, 2026, with benchmark indices declining in early trade amid investor concerns over rising geopolitical tensions and higher crude oil prices.
The BSE Sensex opened 690.1 points lower at 76,638.09, while the NIFTY 50 began trading down by 205.9 points at 23,970.10.
Market participants tracked developments in the Middle East and the rise in crude oil prices, which continued to weigh on global sentiment and domestic equities. Banking, information technology and automobile stocks witnessed selling pressure in early trade.
The decline extended losses from the previous session, when Indian markets had also ended lower. On Friday, the Sensex closed down 516 points, while the Nifty declined nearly 150 points.
Analysts said the global economic environment, a ber US dollar and foreign investor selling activity could continue to influence market direction in the coming sessions.
Among the 30 Sensex constituents, only two stocks opened in positive territory, while 27 stocks traded lower. One stock opened unchanged. In the NIFTY 50 index, six stocks recorded gains in opening trade, while the remaining 44 stocks declined.
Titan Company recorded the steepest decline in early trade, falling 3.81 percent. Tata Steel opened marginally higher by 0.23 percent. Limited buying interest was seen in select metal stocks despite broad-based selling pressure across most sectors.
Several heavyweight stocks also traded lower in early trade. InterGlobe Aviation declined 3.14 percent, while State Bank of India fell 3.00 percent. Mahindra & Mahindra dropped 2.01 percent and Maruti Suzuki declined 1.98 percent. HDFC Bank fell 1.47 percent, Adani Ports and Special Economic Zone declined 1.34 percent, Bharti Airtel slipped 1.11 percent and Reliance Industries traded 0.86 percent lower.
Weakness was also visible across banking, automobile, financial and infrastructure sectors. The information technology sector saw relatively limited declines compared with the broader market. Infosys, Tata Consultancy Services and Tech Mahindra opened marginally lower, while HCL Technologies recorded a gain of 0.12 percent in early trade.
