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Live Update: Sensex Sheds Over 650 Points, Nifty Breaks 24,600; PowerGrid, HCL Tech, Tech Mahindra Among Top Draggers

  • By admin
  • May 22, 2025
  • 8 Views


Market Mayhem: Sectoral Sell-Off!

  • FMCG & IT Stocks Plunge: Both sectors are down a hefty 1.6% – feeling the pinch!
  • Auto & Consumer Durables Hit: Not far behind, these sectors skidded 1% lower.
  • Healthcare & Oil & Gas Dip: A 0.7% slide for these key industries.
  • Banking Blues: Even the big banks felt it, with Nifty Bank down 0.6%.

Sensex Sinks: Where Did the Money Go?

  • Tech & Toiletries Take a Tumble: FMCG and IT led the charge down, both losing 1.6%!
  • Cars & Comfort Crater: Auto and Consumer Durables followed, each dropping 1%.
  • Health & Hydrocarbons Hurt: Both the Healthcare and Oil & Gas sectors saw a 0.7% decline.
  • Banks Backpedal: Nifty Bank wasn’t immune, slipping 0.6%.

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