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Sensex Declines 18% on Losses in IT, Metal Shares, Sluggish Asian Peers
The Business Guardian
|May 31, 2025
Stock markets closed lower in a range-bound trade on Friday following losses in IT shares and sluggish trends in Asian markets due to trade uncertainty after a US appeals court temporarily reinstated reciprocal tariffs.
The 30-share BSE Sensex declined by 182.01 points or 0.22 per cent to settle at 81,451.01 as 24 of its constituents retreated and six advanced. During the day, it dropped 346.57 points or 0.42 per cent to 81,286.45.
The NSE Nifty dipped 82.90 points or 0.33 per cent to 24,750.70.
Metals, IT, and auto sector shares declined while banking shares gained.
Investors were cautious ahead of the release of domestic GDP data post-market hours, analysts said.
यह कहानी The Business Guardian के May 31, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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