Sensex Nifty Updates May 12: Sensex and Nifty Slide Sharply Amid Rising Volatility and Weak Global Market Sentiment
Last Updated: 12th May 2026 - 04:59 pm
Indian markets witnessed a sharp sell-off as the Sensex plunged 1.92% and the Nifty dropped 1.83%, dragged by heavy losses in IT, financial, and Adani group stocks. Shriram Finance, Tech Mahindra, and Jio Financial emerged among the top laggards, while ONGC outperformed. Global cues remained weak with mixed Asian markets and lower European indices. Meanwhile, U.S. markets closed marginally higher in the previous session, while rising India VIX reflected increased market volatility and caution.
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Stock Market Highlights, May 12
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Domestic Indices Witness Sharp Sell-Off: Indian benchmarks ended sharply lower, with the Sensex falling 1.92% to 74,559.24 and the Nifty 50 declining 1.83% to 23,379.55. IT and financial stocks dragged the market, led by steep losses in Shriram Finance, Tech Mahindra, and Jio Financial.
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Global Cues Remain Weak: Asian markets traded mixed, with Japan’s Nikkei posting modest gains, while Hang Seng and Shanghai Composite ended lower. European indices were broadly under pressure at mid-session, with the DAX, CAC 40, and STOXX 50 declining amid cautious global investor sentiment.
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Wall Street Recap: In the previous session, U.S. markets ended slightly higher, with the Dow Jones and S&P 500 gaining 0.19% each, while the NASDAQ advanced 0.10%. Investors remained cautious despite gains, as markets balanced economic outlook concerns with selective buying in key sectors.
Stay informed with our in-depth look at what’s driving the stock market tomorrow.
Top Gainers
Top Losers
| Company | Loss |
| Shriram Finance | -4.66% |
| Adani Ports | -4.48% |
| Tech Mahindra | -4.43% |
| HCL Tech | -4.11% |
| Jio Financial | -4.10% |
Indian Market Cues
| Index | Value | Change (%) |
|---|---|---|
| Gift Nifty | 23,419.50 | -0.02% |
| Nifty 50 | 23,379.55 | -1.83% |
| Nifty Bank | 53,555.20 | -1.63% |
| SENSEX | 74,559.24 | -1.92% |
India VIX
| Volatility Index | Value | Change (%) |
| India VIX | 19.28 | 3.94% |
Asian Markets
| Index | Value | Change (%) |
| Nikkei | 62,742 | 0.52% |
| Hang Seng | 26,347 | -0.22% |
| Shanghai Composite | 4,834 | -0.25% |
European Market Mid-Session Update
| Index | Value | Change (%) |
| FTSE 100 | 10,230 | -0.38% |
| DAX | 24,091 | -1.06% |
| CAC 40 | 8,011 | -0.57% |
| STOXX 50 | 5,840 | -0.94% |
U.S. Markets Live Today
| Index | Value | Change (%) |
|---|---|---|
| Dow Jones | 49,704.47 | 0.19% |
| NASDAQ | 26,274.13 | 0.10% |
| S&P 500 | 7,412.84 | 0.19% |
*As of 15:45 IST
This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.
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