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Sensex, Nifty 50 | Stock Market LIVE: The Indian stock market opened lower on Tuesday, following weakness in global markets, as escalating US-Iran war in the Middle East dented sentiment.
The BSE Sensex opened 165.68 points, or 0.21%, lower at 77,103.72, while the NSE Nifty 50 opened lower by 66.70 points, or 0.28%, at 24,052.60. The Bank Nifty index fell 187.20 points, or 0.34%, to open at 54,691.30.
Broader markets traded mixed, as the Nifty Smallcap 100 index gained 0.15%, while the Nifty Midcap 100 index fell 0.10%.
Among sectors, losses were seen in Nifty Auto, Nifty Metals, Nifty Private Bank and Nifty Realty indices, while Nifty IT, Nifty FMCG, Nifty Pharma and Nifty Media witnessed gains.
On the global front, Asian markets traded lower, while the US stock market declined overnight, with the S&P 500 retreating from record highs.
The US-Iran war escalated, pushing the fragile four-week ceasefire on the brink of collapse. The sudden exchange of fire has now drawn in the United Arab Emirates (UAE), plunging the region back into chaos and prompting immediate calls for renewed retaliatory strikes against Iranian targets.
Crude oil prices eased after climbing by as much as 6% in the previous session. Brent oil futures for July fell 0.95% to $113.35 per barrel, after settling up 5.8% on Monday. US West Texas Intermediate (WTI) crude declined 1.95% to $104.34, after gaining 4.4% in the previous session.
Gold prices were largely steady as renewed escalation in US-Iran war fueled inflation and rate-hike risks. Spot gold price rose 0.2% to $4,528.99 per ounce, while US gold futures for June delivery rose 0.1% to $4,538.20. Spot silver price gained 0.1% to $72.76 per ounce.
Stay tuned to this segment for the live updates on Indian stock market today.
The Indian stock market opened lower on Tuesday amid weak global cues. The Sensex opened 165.68 points, or 0.21%, lower at 77,103.72, while the Nifty 50 opened lower by 66.70 points, or 0.28%, at 24,052.60.
The Bank Nifty index fell 187.20 points, or 0.34%, to open at 54,691.30.
Bitcoin price is currently trading near the $80,000 mark, with noticeable volatility driven by ongoing geopolitical tensions between the US and Iran.
From a market structure standpoint, we are seeing traders closely watch the $81,500 resistance level, while the CME futures gap around $84,000 remains a key zone for potential upside. These technical levels, combined with macro developments, will likely guide near-term price action, said Ashish Singhal, Co-founder at CoinSwitch.
Interestingly, since the onset of the conflict, Bitcoin price has gained over 20%, while gold has declined by nearly 13–14%. This divergence reflects the continued impact of rate expectations on traditional non-yielding assets, while also highlighting Bitcoin’s evolving role in global portfolios.
In the near term, we expect markets to remain sensitive to geopolitical developments, with the potential for sharp moves in either direction. For investors, this is a phase that underscores the importance of staying disciplined and focused on long-term fundamentals rather than short-term noise, he added.
The Indian rupee opened 22 paise lower at 95.31 per US dollar as against its Monday’s close of 95.09 level.
Amid ongoing tensions in US-Iran war uncertainty, Sumeet Bagadia recommends five shares to buy on Tuesday, 5 May: Cholamandalam Investment and Fin Co, NESCO, Shivalik Bimetal Controls, Shipping Corporation of India, and General Insurance Corporation of India. Read here
Vaishali Parekh recommended these three buy-or-sell stocks: Vishal Mega Mart, Jio Financial Services, and Belrise Industries.
1] Vishal Mega Mart: Buy at ₹126, Target ₹132, Stop Loss ₹123;
2] Jio Financial Services: Buy at ₹252, Target ₹260, Stop Loss ₹248; and
3] Belrise Industries: Buy at ₹215, Target ₹220, Stop Loss ₹212
Chandan Taparia has recommended three stocks to buy today, 5 May 2026. Taparia recommends buying Bharat Heavy Electricals Ltd (BHEL), Manappuram Finance and Polycab India shares.
BHEL | Buy | Target Price: ₹400 | Stop Loss: ₹365
Manappuram Finance | Buy | Target Price: ₹325 | Stop Loss: ₹295
Polycab India | Buy | Target Price: ₹8,844 | Stop Loss: ₹8,100
Nifty 50 index formed a small bullish candle with a long upper shadow, highlighting intraday volatility as the index consolidates with positive bias around the 20 days EMA. Bank Nifty index formed a thin bodied candle with a clear upper wick, reinforcing the rejection at higher levels.
The trends on Gift Nifty also indicate a negative start for the Indian benchmark indices, Nifty 50 and Sensex today. The Gift Nifty was trading around 24,075 level, a discount of nearly 131 points from the Nifty futures’ previous close.
The Indian stock market is expected to open lower on Tuesday, following weakness in global markets, as escalating US-Iran war in the Middle East dented sentiment.
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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