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Sensex tanks 501 pts, Nifty closes below 25K
Orissa POST
|July 19, 2025
Benchmark Sensex tanked 501 points while Nifty closed below the 25,000 mark Friday due to selling in banking shares after muted quarterly earnings and foreign fund outflows.
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30-share BSE Sensex declined by 501.51 points or 0.61 per cent to settle at 81,757.73. The 50-share NSE Nifty dropped 143.05 points or 0.57 per cent to close at a month's low of 24,968.40.
Among Sensex firms, Axis Bank tumbled the most by 5.24 per cent after it reported a 3 per cent dip in its June quarter consolidated net profit at ₹6,243.72 crore, impacted by the implementation of changes in nonperforming assets and loan upgrade policy.
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