A martensitic stainless steel comprising C: 0.01-0.10%, Si: 0.05-1.0%, Mn: 0.05-1.5%, P: not more than 0.03%, S: not more than 0.01%, Cr: 9-15%, Ni: 0.1-4.5%, Al: not more than 0.05% and N: not more than 0.1% in mass %, and further comprising at least one of Cu: 0.05-5% and Mo: 0.05-5%, the residual being Fe and impurities, is provided, wherein the contents of Cu and Mo satisfy the following formula (a) or (b), 0.2%≦Mo+Cu/4≦5%  (a) 0.55%≦Mo+Cu/4≦5%  (b) and wherein the hardness is 30-45 in HRC and the carbide amount in grain boundaries of the prior austenite is not more than 0.5 volume %. The marensitic stainless steel has excellent properties regarding the sulfide stress cracking resistance, the resistance to corrosive wear and the localized corrosion.