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EnergyBankingHigh impactAfter close

SENSEX, NIFTY50 decline as crude oil prices surge

after close1 source ↓written by the desknot a recommendation

amid escalating tensions
$114 per barrel

Indian equity benchmarks faced pressure on 5 May as SENSEX fell 524 points to 77,002 and NIFTY50 dropped to an intraday low of 23,949, impacted by rising crude oil prices. Crude surged above $114 per barrel amid escalating tensions in the Middle East following missile attacks by Iran on the UAE.

• Key heavyweights like ICICI Bank, HDFC Bank, and Bajaj Finance contributed to the decline.

• Investors remain cautious as they assess the geopolitical risks affecting oil supply.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 5 May 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ICICIBANK closed +2.3% on the day of the news, from ₹1,251.30 to ₹1,279.50; Nifty +1.2% over the same session; futures OI +3.7%.

Bulletin at 16:07 IST on 5 May 2026. Every change is measured from ₹1,251.30, the last close before it, on 5 May. Nifty 50 is measured over the same sessions.

  • ICICIBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ICICIBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it116912511333axis spans 14%before the news · 5 May1251Nifty 50ICICIBANKbulletinD0+1+3+528 Apr11 May20 MayFutures open interest, lotspeak 2.4 LReference close ₹1,251.30. 16 sessions from 28 Apr to 20 May; the price axis spans 14 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before5 May₹1,251.30basebase
On the day6 May₹1,279.50▲ +2.3%▲ +1.2%+1.0 pp difference
+1 session7 May₹1,279.00▲ +2.2%▲ +1.2%+1.0 pp difference
+3 sessions11 May₹1,266.40▲ +1.2%▼ −0.9%+2.1 pp difference
+5 sessions13 May₹1,235.60▼ −1.3%▼ −2.6%+1.3 pp difference
Gap at the open, % · ₹
▲ +0.9%+10.76 on 6 May
Day's range, % · ₹
2.5%≈ 31 high to low
Volume on the day
1.17×the 20-session average
Futures OI on the day
▲ +3.7%+7,700 lots · long build-up · price +2.3%
Futures OI open, lots
2.2 L6 May · 26 May expiry
Futures premium, ₹
+8.10+0.6% to spot
Puts per call, by OI
0.61from 0.58 the session before
Max pain
1,300from 1,300 the session before

Source NSE UDiFF bhavcopy · ICICIBANK on the desk →

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