Sensex, Nifty tumble 1% in third day of decline; RIL, HDFC Bank main drag

Foreign institutional traders offloaded equities price ₹525.95 crore on May 19, 2025, in keeping with change information. File
| Photo Credit: PTI

Benchmark inventory indices Sensex and Nifty tumbled 1% on Tuesday (May 20, 2025), dragged down by losses from blue-chip firms HDFC Bank, Reliance Industries and ICICI Bank.

Retreating from early highs, the 30-share BSE Sensex tanked 872.98 factors or 1.06% to settle at 81,186.44. During the day, it dropped 905.72 factors or 1.10% to 81,153.70.

The NSE Nifty tumbled 261.55 factors or 1.05% to 24,683.90.

Analysts mentioned traders opted for profit-booking as they awaited extra readability on the India-U.S. commerce settlement.

From Sensex corporations, Eternal dropped probably the most by 4.10%. Maruti, Mahindra & Mahindra, UltraTech Cement, Power Grid, Nestle, Bajaj Finance, Hindustan Unilever and Asian Paints have been additionally among the many laggards. HDFC Bank dropped by 1.26% and index main Reliance Industries by 1.13%.

Tata Steel, Infosys and ITC have been the gainers.

“With the lack of major positive triggers and prevailing uncertainty over U.S. fiscal stability, investors opted for profit-booking and adopted a cautious stance. Selling pressure was widespread as participants awaited more clarity on the India-U.S. trade agreement,” Vinod Nair, Head of Research, Geojit Investments Limited, mentioned.

“Given the current premium valuations and delays in the trade deal, we foresee a phase of short-term consolidation, which may lead FIIs to scale back their positions in the domestic market,” he added.

Among Asian markets, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng settled within the constructive territory whereas South Korea’s Kospi ended marginally decrease.

Markets in Europe have been buying and selling within the inexperienced. U.S. markets ended greater on Monday (May 19, 2025).

Global oil benchmark Brent crude dipped 0.11% to $65.47 a barrel.

Foreign institutional traders offloaded equities price ₹525.95 crore on Monday (May 19, 2025), in keeping with change information.

On Monday (May 19, 2025), the 30-share BSE barometer Sensex declined 271.17 factors or 0.33% to settle at 82,059.42. The Nifty dipped 74.35 factors or 0.30% to 24,945.45.