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Geopolitical tensions pull stocks down as Nifty holds on to weekly green
Economy
Published on 9 May 2026
Oil slid enough to offset fresh US Iran fears
Indian markets ended lower on Friday as renewed US-Iran tensions hit sentiment, while investors weighed possible fallout for corporate earnings and input costs. Even as Nifty 50 and Sensex dipped during the day, weekly gains held firm, aided by a drop in oil prices. Sector performance was uneven, with banking stocks under pressure.
- US-Iran tensions weighed on Friday trading and sentiment
- Weekly gains survived, boosted by falling oil prices
- Nifty 50 and Sensex ended down on the day
- Banking stocks saw notable pressure
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times