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Sensex slips 250 points as US Iran tensions spike and rupee hits record low
Economy
Published on 5 May 2026
Small and midcaps buck the selloff today
Indian markets opened lower Tuesday as fresh US Iran attacks boosted risk aversion and the rupee tumbled to a record low. Sensex fell more than 250 points and Nifty slipped below 24,100, with PSU and private banks among the biggest laggards. Despite the pressure on frontline indices, small and midcap segments held up better, trading in the green.
- Sensex drops over 250 points and Nifty slips below 24,100
- Escalating US Iran tensions are weighing on investor sentiment
- Rupee falls to a record low, adding currency pressure
- Small and midcaps show resilience despite broader weakness
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times