Stock market today, May 12 -- Indian stocks started the day on a negative note, and the rupee fell to an all-time low on Tuesday, amid high crude oil prices and negotiations to resolve the Iran conflict that appeared unstable, raising concerns about supply and the potential economic repercussions of the war.

The Nifty 50 decreased by 0.44% to 23,712.2 at 9:20 IST, while the BSE Sensex declined by 0.56% to 75,590.56.

Of the 16 primary sectors, 10 recorded losses. The broader small-cap and mid-cap indices fell by 0.5% and 0.3%, respectively.

Rising crude prices adversely affect the world's third-largest oil importer, as they intensify inflationary pressures and impact economic growth and corporate profitability.

Rising crude oil prices ...