The popular stock market saying 'Sell in May and Go Away' suggests that investors should exit the market in May and return in September to avoid seasonal downturns. However, historical data indicates that May has been a positive month for the Nifty 50 index in India, with gains in six of the last ten years. This year, the ongoing US-Iran war, now in its third month, and sharply rising crude oil prices could disrupt this trend. As of May 1, Brent crude futures were at $111.29 and West Texas Intermediate futures at $105.44, reflecting significant weekly increases of 6% and 12%, respectively. Analysts warn that elevated oil prices could jeopardize India's growth, impacting the rupee, inflation, and fiscal balances. Despite these risks, experts advise against panic selling, suggesting that the market may experience volatility but could also see a rally if geopolitical tensions ease. Upcoming elections in West Bengal could further influence market sentiment, but analysts caution that the trajectory of crude oil prices remains a critical factor for market stability.