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Stocks slump over 1%; Sensex tanks 1,282 pts
Orissa POST
|May 14, 2025
Stock markets tumbled Tuesday with benchmark Sensex falling by 1,282 points due to profit-taking in IT and FMCG shares a day after a record rally.
The 30-share BSE barometer tanked 1,281.68 points or 1.55 per cent to settle at 81,148.22 with 25 of its constituents closing with losses and five with gains. During the day, it fell sharply by 1,386.21 points or 1.68 per cent to 81,043.69.
The broader Nifty of NSE dropped 346.35 points or 1.39 per cent to 24,578.35. From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were the losers.
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