Markets decline in early trade mirroring weak Asian equities

Sensex and Nifty decline due to bank stocks and Asian market trends; global oil prices drop.

Benchmark indices Sensex and Nifty declined in early trade on Thursday (May 15, 2025) dragged down by blue-chip bank stocks and weak trends in Asian markets.

The 30-share BSE benchmark gauge Sensex declined 106.78 points to 81,223.78 in early trade. The NSE Nifty dipped 38.45 points to 24,628.45.

Later, the BSE benchmark traded 247.22 points lower at 81,082.80, and the Nifty quoted 67.15 points down at 24,599.75.

From the Sensex firms, Power Grid, IndusInd Bank, Axis Bank, Sun Pharma, Infosys, Mahindra & Mahindra, Kotak Mahindra Bank and HDFC Bank were the major laggards.

Tata Motors, Adani Ports, Tata Steel, Tech Mahindra and UltraTech Cement were the gainers.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng were trading lower.

U.S. markets ended on a mixed note on Wednesday (May 14, 2025).