Markets tumble in early trade mirroring global sell-off; Sensex tanks over 700 points


People run at the Bombay Stock Exchange (BSE) building on May 12, 2025 in Mumbai, India.

People run photo credit in Bombay Stock Exchange (BSE) building in Mumbai, India on May 12, 2025: Reuters

The Stock Market Benchmark Indices Sensex and Nifty tumbled to the initial trade on Thursday (May 22, 2025), which reflects weak trends in global equities with US fiscal concerns.

The 30-Syre BSE benchmark gauge sense tank at 578.3 points 81,018.33 in the initial trade. The NSE Nifty fell from 24,610 to 24,610 by 203.45 points.

Later, BSE Benchmark traded 746.48 points at 80,832.82, and Nifty gave 233.80 points down to 24,575.65.

From Sensx firms, Power Grid, Tech Mahindra, HCL Tech, Nestle, Hindustan Unilever, ITC, Tata Consultancy Services and Mahindra and Mahindra were the largest leaders.

Adani ports and IndusInd Banks were beneficial.

In the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Hong Kong’s Hong Seng were trading, while Shanghai’s SSE Composite index was quoted in a positive field.

The US markets decreased rapidly on Wednesday.

“On Wednesday, the Nifty snatched the line of 3 -day necklaces, but can withdraw the beer on Thursday amid global weakness, American debt concerns, rising Kovid -19 cases and overbott technology,” Mehta Equity Limited Senior VP (Research), Pacific Tax (Research).

Global Oil Benchmark Brent crude from 0.05% to $ 64.88 per barrel.

“The fundamental issue is the high fiscal deficit of the US, which seems to be unsatisfactory in the market. Weak American 20-year-old bond auction and 5-year, 10-year and 30-year-old bonds indicate the declining confidence in the spike in American bonds in the yield of a year, 10-year and 30-year bonds. The growing American bonds are usually negative for emerging markets. Geojit Investments Limited, main investment strategist Vijaykumar said.

Foreign institutional investors (FII) changed buyers after a day -long breath on Wednesday. According to exchange data, he bought equity worth ₹ 2,201.79 crore.

BSE Benchmark on Wednesday jumped at 81,596.63 at 410.19 points or 0.51%. The Nifty climbed up to 129.55 points or 0.52% to 24,813.45.


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