Sensex Ends 645 Points Lower After Volatile Session, Nifty Below 24,650; ONGC Down 3%

Last Updated:May 22, 2025, 15:41 IST

Indian benchmark indices opened lower in the opening session on Thursday, tracking weak global cues

Sensex Today: The benchmark equity indices ended on a weaker note on Thursday, May 22, 2025, dragged down by broad-based selling across sectors. The BSE Sensex plunged by 587.02 points or 0.72 per cent to close at 81,009.61. The index traded within a range of 80,489.92 to 81,323.24 during the session.

 The NSE Nifty50 also settled lower by 203.75 points or 0.82 per cent at 24,609.70.

Power Grid, M&M, ITC, Bajaj Finserv, HCL Technologies were among the top laggards, while Tata Steel and Bharti Airtel were among the top gainers on BSE.

Meanwhile, BEL and Tata Steel from the Nifty 50 were seen trading in overbought zone on the charts. Read Analysis

On the broader markets front, BSE Midcap was down 0.16 per cent while BSE Smallcap was up 0.23 per cent.

Sectorally, broad-based selling was seen across counters. Among others, Nifty FMCG, Consumer Durables slipped over 1 per cent, Nifty IT was down 0.87 per cent and Pharma down 0.9 per cent.

Global Cues

Asian markets edged lower, mirroring overnight losses on Wall Street as rising concerns over the U.S. fiscal deficit dampened sentiment. A surge in long-term Treasury yields, following weak demand in a recent bond auction, stoked fears about U.S. borrowing levels and refocused attention on fiscal discipline. This cautious sentiment weighed on the recent rebound in global risk assets.

By 10:19 a.m. Tokyo time, S&P 500 futures rose 0.2%, indicating a potentially positive U.S. open. In Asia, Japan’s Topix declined 0.5%, and Australia’s S&P/ASX 200 slipped 0.3%. However, Hong Kong’s Hang Seng gained 0.6%, while the Shanghai Composite edged up 0.2%. In Europe, Euro Stoxx 50 futures were down 0.5%, signaling a subdued open ahead.

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