Sensex tanks 762 points in early trade, Nifty drops to 24,538 level on weak Asian market trends
The Hindu
Global markets tumble as Sensex and Nifty drop, fueled by foreign fund outflows and trade concerns, impacting investors' sentiment.
Benchmark equity indices, Sensex and Nifty, on Monday morning (May 30, 2025) tumbled following weak trends in Asian markets and renewed global trade concerns.
Moreover, foreign fund outflows also dented investors’ sentiment, experts noted.
The 30-share BSE Sensex tanked 762.24 points to 80,688.77 in early trade. The NSE Nifty dropped 212.25 points to 24,538.45.
From the Sensex firms, HDFC Bank, HCL Tech, Reliance Industries, Infosys, Tech Mahindra, Bajaj Finance, Larsen & Toubro, Titan, Tata Consultancy Services and Tata Steel were among the biggest laggards.
Hindustan Unilever, Adani Ports, Mahindra & Mahindra, IndusInd Bank and Nestle were among 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 Friday (May 30, 2025).
Join Apar Gupta in the In Focus Podcast as he discusses India's Sanchar Saathi app and concerns over consent and privacy.
Telangana Government plans affordable housing for middle-class families, identifying four locations for 10,000 new homes each.
Tragic death of Aligarh school principal on electoral duty prompts investigation into harassment claims and work-related stress.
O. Panneerselvam discusses AIADMK revival with Amit Shah, denying rumors of a new political party amid state political dynamics.
BJP MP urges removal of 'Lord' title from textbooks, citing colonial mindset, during Rajya Sabha discussions on national identity.
Experience the Golconda Fort Festival on December 12, blending Telangana folk tradition and music in a historic setting.
Telangana CM Revanth Reddy to inspect Osmania University on December 10, focusing on student input for development plans.
Congress demands a "white paper" from Maharashtra's Mahayuti government, highlighting one year of unfulfilled promises and public disappointment.
Calcutta High Court allows foundation stone-laying of a Babri-style mosque in Murshidabad, citing no intervention needed.
T.N. CM M.K. Stalin inaugurates Bigtech’s Gorilla Glass unit near Chennai, emphasizing Tamil Nadu's growth as India's electronics manufacturing hub.
IndiGo cancels eight flights from Visakhapatnam, disrupting travel for journalists covering the ODI and causing fare surges.
Telangana GP Polls 2025: 9.3% of Sarpanches elected unanimously, with no countermand recommendations for any Gram Panchayat.
Lupin receives USFDA approval for generic Siponimod Tablets to treat multiple sclerosis, boosting market presence and potential sales.