---
title: "Sensex Trades Near 5-Week Low"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285882240.md"
description: "India’s BSE Sensex fell 1.3% to 76,306, marking its lowest level since April 7, amid rising geopolitical tensions between the US and Iran, which drove crude oil prices higher. The financial sector faced pressure, with major banks like HDFC and ICICI Bank declining. Jewellery and travel stocks also dropped after PM Modi advised citizens to limit travel and gold purchases due to the Iran conflict. Conversely, Tata Consumer Products shares rose 6.3% on strong revenue growth forecasts and better-than-expected profits."
datetime: "2026-05-11T04:35:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285882240.md)
  - [en](https://longbridge.com/en/news/285882240.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285882240.md)
---

# Sensex Trades Near 5-Week Low

India’s BSE Sensex fell about 1.3% to 76,306 on Monday, extending losses for a third straight session and hitting its lowest level since April 7, as escalating geopolitical tensions between the US and Iran drove crude oil prices sharply higher.

The two countries failed to reach agreement on a peace proposal, reigniting fears of supply disruptions through the Strait of Hormuz.

The financial sector remained under pressure, with BSE, HDFC Bank, and ICICI Bank falling between 0.7% and 1.4%, while State Bank of India dropped 3.9%.

Jewellery and travel-linked stocks also declined after Prime Minister Narendra Modi urged citizens to curb travel and gold purchases amid the Iran war, with Titan Company down 7.4% and Kalyan Jewellers falling 9.7%.

On the upside, Tata Consumer Products shares climbed about 6.3% after forecasting double-digit revenue growth in fiscal 2027 and beating March-quarter profit estimates, supported by steady demand for staples such as tea and salt.

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