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Profit-booking, options expiry slam stocks after rally
Hindustan Times Haryana
|May 14, 2025
Indian benchmark stock indices took a U-turn on Tuesday after a sharp run-up the previous day on the back of easing India-Pakistan tensions and a temporary truce in the US-China trade war.
MUMBAI: The bout of profit-taking, which market experts said was on expected lines, coincided with the weekly expiry of Sensex option contracts that expire every Tuesday.
On Tuesday, the BSE Sensex closed 1.55% or 1,282 points down at 81,148.22, while the Nifty 50 index closed 1.39% or 346 points down at 24,578.35. The Nifty 50 lost around 37% of the gains it made on Monday, and the Sensex, 41%. The BSE's market capitalization fell by ₹1.2 trillion to touch ₹431.27 trillion, per data from the exchange.
This story is from the May 14, 2025 edition of Hindustan Times Haryana.
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