Markets bounce again on shopping for in financial institution shares; Sensex jumps over 800 factors

The 30-share BSE benchmark gauge Sensex bounced again in early commerce and later jumped 835.2 factors or 1.02% to 82,021.64. The NSE Nifty surged 262.3 factors or 1.06% to 24,946.20. File
| Photo Credit: The Hindu

Stock market benchmark indices Sensex and Nifty rebounded sharply in morning commerce on Wednesday (May 21, 2025) after heavy drubbing within the earlier session amid shopping for in blue-chip financial institution shares and a agency pattern in Asian friends.

The 30-share BSE benchmark gauge Sensex bounced again in early commerce and later jumped 835.2 factors or 1.02% to 82,021.64. The NSE Nifty surged 262.3 factors or 1.06% to 24,946.20.

From the Sensex companies, Sun Pharma, Bajaj Finance, ExtremelyTech Cement, Mahindra & Mahindra, Bajaj Finserv, Tech Mahindra, HDFC Bank and Tata Motors have been the largest gainers.

IndusInd Bank emerged as the one laggard. Moody’s Ratings stated on Wednesday (May 21, 2025), India is well-positioned to take care of the unfavorable results of U.S. tariffs and international commerce disruptions as home progress drivers and low dependence on exports anchor the financial system.

In a notice on India, the company stated authorities initiatives to spice up personal consumption, develop manufacturing capability and enhance infrastructure spending will assist offset the weakening outlook for international demand.

In Asian markets, South Korea’s Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng have been buying and selling within the constructive territory whereas Japan’s Nikkei 225 index quoted decrease.

U.S. markets ended decrease on Tuesday (May 20, 2025).

Global oil benchmark Brent crude jumped 1.62% to $66.44 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities price ₹10,016.10 crore on Tuesday (May 20, 2025), in accordance with alternate knowledge.

Retreating from early highs, the 30-share BSE Sensex tanked 872.98 factors or 1.06% to settle at 81,186.44 on Tuesday (May 20, 2025). The Nifty tumbled 261.55 factors or 1.05% to 24,683.90.