Indian stock market settled marginally lower on May 21st despite an optimistic start. Sensex declined 135.03 points to 75,183.36 while Nifty 50 dipped 4.30 points to 23,654.70. Investors booked profits after an early rally as easing geopolitical tensions between the United States and Iran improved global sentiment. Crude oil prices fell significantly, with Brent crude dropping 5.6% overnight to near 105.50 per barrel, providing relief for India's import-dependent economy. Lower energy costs are expected to ease inflationary pressures and support corporate earnings growth. Asian markets advanced following strong earnings from Nvidia and easing labour tensions at Samsung Electronics. Foreign investors continued selling Indian equities while domestic institutions remained net buyers.
