The BSE benchmark traded 44.43 points up at 76,521.93, and the Nifty quoted 17.20 points higher at 24,048.85. Track Stock markets on May 26.
A senior Iranian legislator has suggested that Tehran could further escalate pressure on its adversaries by targeting the Bab el-Mandeb Strait, raising concerns about global supply chain vulnerabilities.
US President Donald Trump indicated the possibility of further military operations against Iran's Kharg Island, a key oil export hub, claiming previous strikes had significantly damaged its infrastructure.
This threat comes as the assembly of experts in Iran has reportedly reached a majority consensus regarding the successor to the late Supreme Leader Ayatollah Ali Khamenei, according to the Tehran-based Mehr News Agency (MNA).
Iran has issued a defiant response to United States President Donald Trump's claims regarding the conclusion of hostilities, asserting that it alone will 'determine' the end of military actions against American and Israel targets.
The Indian government has refuted reports suggesting a deal with Iran involving the release of seized oil tankers in exchange for safe passage of Indian vessels through the Strait of Hormuz.
Earlier, another state media outlet showed a display of part of the IRGC's drone arsenal inside a large tunnel. Coinciding with the release of these visuals, the IRGC confirmed the launch of the 48th phase of its retaliatory campaign.
If the oil infrastructure is attacked by the United States, the whole area could be flooded with oil, spilling into the Persian Gulf.
Sensex plunges over 1,400 points and Nifty slips near 22,250 amid Trump's Iran threat, rising crude oil prices, and FII selling. Here are the key reasons behind today's market crash.
If Iran and Oman choose to charge a fee for rendering services to vessels using their territorial waters, so be it. The US is indulging in an irrationally self-destructive act, notes Ambassador M K Bhadrakumar.
Araghchi remarked that US messaging currently echoes the Vietnam War-era "Five O'Clock Follies," suggesting a systematic misrepresentation of military progress.
Iran's Foreign Minister Seyed Abbas Araghchi on Sunday issued a formal address and said that the event is a moment of profound religious and historical consequence.
He also criticised the possible succession of the son of the late supreme leader of the Islamic Republic, Mojtaba Khamenei, who is widely viewed as a leading contender for the position.
Russian Foreign Minister Sergei Lavrov discussed tensions between Afghanistan and Pakistan with his Afghan counterpart, Amir Khan Mottaqi, following US-Israeli strikes on Iran, emphasising the need for political and diplomatic solutions.
Indian benchmark stock indices, Sensex and Nifty, experienced a significant decline for the third consecutive day, with the Sensex tumbling 1,092 points and Nifty closing below 24,550. This downturn was primarily driven by the India Meteorological Department's forecast of a below-normal southwest monsoon and ongoing geopolitical uncertainties surrounding the US-Iran ceasefire arrangement.
Indian benchmark indices Sensex and Nifty traded lower amid volatile trends, influenced by escalating geopolitical uncertainties in West Asia and fresh outflows from Foreign Institutional Investors (FIIs).
Prime Minister Benjamin Netanyahu stated that Israel and the US struck Iran because Tehran had restarted its nuclear programme and it would have gone 'immune within months'. He claimed Iran was building new underground sites to shield its missile and nuclear programmes from attacks.
Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian to discuss the escalating tensions in West Asia, emphasising the safety of Indian nationals and the need for regional stability through dialogue and diplomacy.
Eighteen months of preparation hang in the balance at a Tucson-based multi-use sports facility, where organisers say they remain in daily contact with FIFA about hosting Iran's national soccer team, even as geopolitical turmoil threatens to upend their World Cup plans.
Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.
In April alone, they snapped up shares worth Rs 19,664 crore, recording their biggest buy since October 2024.
Families in Ambari village are anxiously awaiting news of their relatives stranded in Iran amid escalating conflict, with limited communication and growing concerns for their safety.
Pakistan Prime Minister Shehbaz Sharif expressed 'forever grateful' to US President Donald Trump for his 'timely' intervention in securing a ceasefire with India following a military conflict last year, a claim India has consistently rejected.
The United States used an array of weapons in the strikes conducted against Iran as part of Operation Epic Fury on Saturday -- which included artificial intelligence services from Anthropic, according to a report by Reuters.
The United States is facing growing discontent from its Gulf allies after several countries in the region complained that they were not given advance notice of the US-Israel strike on Iran that triggered widespread retaliatory attacks, according to media reports.
Satellite imagery and expert analysis suggest that a deadly explosion at a school in southern Iran last week was likely caused by a United States airstrike that also targeted a nearby compound linked to the Islamic Revolutionary Guard Corps (IRGC), according to media reports.
India has issued an advisory for its citizens in Israel to exercise utmost caution and remain vigilant at all times, following a joint attack by Israel and the US against Iran.
The Indian embassy in Tehran has earlier stated that it is facilitating the safe movement of nationals who wish to leave Iran.
The ministry of interior of Bahrain on Sunday claimed that Iran attacked civilian targets in a water desalination plant after a drone attack.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
The strike hit the Kerman Air Base, located about 800 km southeast of Tehran.
Trump claims the United States is performing exceptionally well in its ongoing conflict with Iran, citing weakened Iranian military capabilities and a strong US position.
Indian stock markets rallied in early trade after US President Donald Trump announced a halt to planned military strikes on Iran, citing requests from Gulf leaders and ongoing "very big discussions" that could lead to a deal. This de-escalation, coupled with foreign fund inflows and gains in IT and Adani group stocks, contributed to the positive market sentiment. Track Sensex and Nifty on May 19, 2026.
A sovereign cloud, our own DNS root and Root CA, a defence-led research base that builds for keeps, and a real national cybersecurity strategy that outlives electoral cycles are not vanity projects. They are the difference between a nation that can be switched off and one that cannot, points out Venkata Satish Guttula.
Pakistan's Foreign Minister Ishaq Dar has been actively involved in mediating between Saudi Arabia and Iran following the outbreak of war, ensuring the safety of Pakistani citizens in affected regions.
Elon Musk's Starlink is in "active and productive discussions" with the Indian government, awaiting final regulatory clearance, including spectrum allocation, to launch its satellite internet services, despite media reports suggesting a freeze on approvals.
Following a joint attack by the US and Israel on Iran, India is calling for restraint and de-escalation to avoid further military confrontation in the Middle East.
Trump also asserted that US forces had struck hundreds of targets across Iran, including facilities of the Islamic Revolutionary Guard Corps and air defence systems.
China has denied reports of finalising a deal with Iran to sell CM-302 supersonic anti-ship missiles, amidst rising tensions in the Middle East and joint US-Israeli airstrikes.
'We caught General Pervez Musharraf talking over the phone with his Chief of General Staff Lieutenant General Mohammad Aziz. Musharraf was visiting China; Aziz was in Rawalpindi.'
