Stock Market Update 11 May 2026: Sensex Loses Over 900 Pts; Nifty 50 Below 24,000

As the markets reopened on Monday (11 May 2026) after the weekend break, most indices were trading in the red.

At around 9:18 AM, the Sensex was down by 916.57 points (1.19%) to trade at 76,411.62. The Nifty 50 was also trading lower by 264 points (1.09%) at 23,911.75.

Even on Friday, the indices closed on a weaker note. The Sensex fell 0.66% to close at 77,328.19. The Nifty 50 also fell 0.62% to close at 24,176.15.

How Other Indices Are Performing?

Not just the Sensex and the Nifty 50, but most other Indian indices were in the red during early trading on Monday.

At around 9:20 AM, Bank Nifty was down by around 1.10% to trade at 54,701.90. The Fin Nifty was also down by around 1.24% to trade at 25,689.95.

All sectoral indices, including the Nifty Auto (down by 1.91%), Nifty Metal (down by 0.33%), and Nifty Pharma (down by 0.54%), were also in the red.

How Are The Stocks Performing?

Most stocks saw selling pressure on Monday morning. Upon market opening, about 960 shares were in the green, while 1,814 shares were in the red. 221 shares remained unchanged.

The top gainers on Nifty included Tata Consumer, HCL Tech, Wipro, JSW Steel, and ONGC. The top losers were Titan, Interglobe Aviation, M&M, SBI, and Bajaj Auto.

What About The Global Markets?

Global markets gave mixed cues on Monday amid heightened volatility and Middle East uncertainty.

• S&P 500 futures were down 0.2% as of 10:35 AM Tokyo time.

• Nikkei 225 futures (OSE) were down 0.1%.

• Japan’s Topix was up 0.2%.

• Australia’s S&P/ASX 200 was down 0.8%.

• Hong Kong’s Hang Seng was down 0.3%.

• The Shanghai Composite was up 0.4%.

• Euro Stoxx 50 futures were unchanged.

Factors Impacting The Markets

• Renewed Middle East Tension: The uncertainty in the Middle East is one of the most crucial factors that is causing the current market volatility. As per the recent developments reported, US President Donald Trump has rejected Iran’s response to the peace proposal.

• Rupee Under Pressure: The Indian National Rupee (INR) has been under constant pressure due to geopolitical uncertainty and volatile energy prices. On Monday, the currency opened 0.4% lower at 94.88 per US dollar, as against the previous close of 94.48.

• FII Selling: Foreign institutional investors (FII) continue to sell Indian equities, resulting in a market fall. On Friday alone, FIIs sold Indian equities worth ₹4,111 crore.

Also Read - Stocks To Watch On 11 May 2026: Bank of Baroda, Swiggy and More

Investor Takeaway

Both national and international events are causing market volatility. However, the underlying fundamentals remain strong, and experts believe markets could go up once the uncertainties clear. Investors need to invest carefully and check a company’s background thoroughly before investing.

Sources:

The Economic Times

Moneycontrol