Why Did Nifty 50 Fall 46 Points Today?

Why Did Nifty 50 Fall Today?

Nifty 50 fell 46 points (-0.19%) to close at 23,643.50 on Friday, May 15, 2026. The index snapped a two-day winning streak as renewed US-Iran tensions lifted Brent crude above $109/barrel. The Indian Rupee breached 96/$ for the first time, adding to market nervousness. Fag-end selling in banking and auto stocks dragged the index lower.

• Brent crude surged above $109 on Iran ship seizure news
• Rupee hit record low of 96 against US Dollar
• Profit booking after two-day rally