New Delhi, May 12 -- Buy or sell stocks, 12 May 2026: Following weak global cues and PM Modi's speech highlighting austerity measures to contain outflow of the US Dollar (USD), the key benchmark indices of the Indian stock market ended lower on Monday. The Nifty 50 index crashed 359 points or 1.49% and closed at 23,816. The BSE Sensex nosedived 1,312 points, or 1.70%, to close at 76,015. The Bank Nifty index tanked 832 or 1.51% and closed at 54,478.

Selling pressure was broad-based, with most sectoral indices closing lower. Real estate, energy, and auto stocks saw heightened weakness, while defensive pockets such as pharma and FMCG displayed relative resilience. Broader markets also remained under pressure, with both midcap and smallcap ...