Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.
India's exports recorded a 13.78 per cent increase to USD 43.56 billion in April, marking the highest monthly outbound shipments in over four years, primarily driven by petroleum products. However, the trade deficit widened to a three-month high of USD 28.38 billion due to a 10 per cent rise in imports.
Punjab Chief Minister Bhagwant Mann has invited Dutch hockey legend Floris Jan Bovelander to help strengthen hockey in the state, particularly ahead of the Asian Champions Trophy. Mann emphasised the government's commitment to restoring the sport's glory and highlighted Punjab's rich hockey legacy.
Salima Tete will lead the Indian women's hockey team in their upcoming tour of Australia, with Lalthantluangi and Shilpi Dabas receiving their first senior team call-ups.
Indian equity markets, including the Sensex and Nifty, experienced a significant downturn for the second consecutive day, driven by escalating geopolitical tensions in West Asia and persistent foreign fund outflows.
PCB chairman Mohsin Naqvi has been invited to attend the ICC Board meeting and IPL 2026 final in Ahmedabad, with Pakistan PM Shehbaz Sharif expected to decide on the visit amid ongoing India-Pakistan tensions.
The national record in the men's 100m race was broken twice within minutes at the National Senior Athletics Federation Competition. Ancy Sojan won the women's long jump with a meet record, and Seema achieved the Commonwealth Games qualification mark in the women's discus throw.
Malvika Bansod, Ashmita Chaliha, and Devika Sihag progressed to the second round of the Malaysia Masters Super 500, while Lakshya Sen and H.S. Prannoy faced early exits.
Indian benchmark indices, Sensex and Nifty, rallied significantly following a sharp decline in crude oil prices. This decline was triggered by US President Donald Trump's announcement of progress in negotiations with Iran towards a peace agreement, which led to renewed optimism in global markets.
The Sports Authority of India (SAI) has suspended a boxing assessment camp in Patiala due to irregularities in the selection process, demanding transparency and fairness from the Boxing Federation of India (BFI).
Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.
Indian shooter Manu Bhaker is preparing for the Asian Games and World Championships, aiming to reignite her competitive edge after a quiet spell following the Paris Games. She also expressed excitement about shooting's return to the 2030 Commonwealth Games in India.
The Sports Ministry has issued a showcause notice to the Boxing Federation of India (BFI) over concerns about its selection policy and failure to make key appointments.
Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.
Indian compound men's and women's archery teams faced disappointment at Stage 2 of the Archery World Cup in Shanghai, failing to secure a podium finish. Recurve archers showed signs of recovery, but the compound teams' struggles raise concerns ahead of the Asian Games.
The Delhi High Court has stated it will examine the Wrestling Federation of India's selection policy before issuing any order on Vinesh Phogat's plea for a fair opportunity to return to competitive wrestling.
Unified high-performance training camps in Hyderabad, Bengaluru, and Guwahati played a crucial role in India's bronze medal win at the Thomas Cup, with top shuttlers benefiting from the focused preparation.
Indian compound men's and women's teams, considered strong medal contenders, endured a disappointing outing in Stage 2 of the Archery World Cup, failing to secure a podium finish after crumbling in crunch situations.
India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.
Olympian Elavenil Valarivan held her nerve to fend off a strong challenge from Japan's Misaki Nobata and clinch the women's 10m air rifle gold at the Asian Shooting Championship.
Hockey India will conduct a short camp in Bengaluru for the national women's team ahead of its tour of Australia, as part of preparations for the FIH Nations Cup and other major tournaments.
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.
Indian sports administrators have been warned against treating multi-sport events as 'paid holidays'. The ministry has also reiterated the need for videography of selection trials for transparency.
Mumbai's Kiaan Shah, representing Rayo Racing, achieved his best international karting result with a second-place finish in round 2 of the RMC Asia Trophy in Pattaya, Thailand.
Indian golfer Gaganjeet Bhullar finished the International Series Singapore at Tied-26th after a disappointing final round. Korea's Jeongwoo Ham secured a wire-to-wire victory, earning a spot in the Open Championship.
The Wrestling Federation of India (WFI) President Sanjay Singh highlighted the significant participation of Haryana wrestlers in the National Open Ranking Tournament, countering claims of bias. However, the event was also marred by the discovery of used syringes, underscoring the ongoing doping challenges in Indian wrestling.
Indian tennis player Maaya Rajeshwaran Revathy is strategically balancing junior and professional tournaments as she prepares to transition to the senior circuit. Training at the Rafa Nadal Academy in Spain, the 16-year-old aims to build confidence and secure a strong junior ranking before fully committing to professional events.
Wrestling Federation of India President Sanjay Singh addressed allegations of bias against Haryana wrestlers and acknowledged ongoing doping concerns after used syringes were found at the National Open Ranking Tournament.
Simranjeet Kaur and Sahil Jadhav emerged as India's standout performers at the Archery World Cup Stage 2 in Shanghai, both advancing to the semifinals in their respective recurve and compound sections.
Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
Following through announcements with enforcement of measures is key, as a run through recent Indian economic history shows, points out A K Bhattacharya.
Aadrash Ram Jothi Shankar won a bronze medal in the men's high jump at the 12th Asian Indoor Athletics Championships. Praveen Chithravel finished fourth in the men's triple jump. Manikanta Hoblidhar was disqualified in the 60m heats.
Gaganjeet Bhullar's solid round and Shiv Kapur's hole-in-one highlighted the first day for the Indian players at the Singapore Open, where Thailand's Ekpharit Wu and Japan's Jeongwoo Ham lead.
Indian equity benchmarks Sensex and Nifty surged nearly 1 per cent, driven by strong earnings reports from FMCG and auto sectors, alongside a rally in Asian markets and signs of de-escalation in geopolitical tensions.
The US has announced federal charges against Nazeer Hameed, an Indian national, for his alleged involvement in the 2017 murder of Sasikala Narra and her six-year-old son Anish Narra in Maple Shade, New Jersey. Hameed fled to India after the murders and now faces charges for unlawful flight to avoid prosecution.
Pakistan's newly-appointed hockey team head coach, Manzur ul Hassan, believes the nation erred by not participating in the FIH Pro League's inaugural edition in 2019, depriving players of crucial experience against top-tier opponents.
Sri Lanka Cricket board has called for a special Executive Committee meeting to formally seal the ouster of current chief Shammi Silva on directive from country's president Anura Kumara Dissanayake.
The India U17 women's team concluded their series of friendlies in Sochi with a third defeat to Russia, losing 3-0. This series was part of their preparation for the upcoming AFC U17 Women's Asian Cup China 2026.
Indian wrestler Sujeet Kalkal, dominant in the 65kg category, attributes his success to consistency and self-belief, aiming for gold at the upcoming Asian Games and World Championships.
