
🚨 Market Mayhem on Thursday, May 22nd! 🚨
- Indian Markets Plunge! 📉 Both Sensex and Nifty are deep in the red, tracking Asian weakness.
- Sensex Down 689 Points! 🔥 Currently at 80,905.12, a 0.85% slide.
- Nifty Dips 207 Points! 📊 Trading at 24,606.2, down 0.84%.
- BIGGEST DRAGGERS: Power Grid, M&M, ITC, Bajaj Finserv, HCL Tech are weighing heavy. ⬇️
- SECTORAL SLIDE: Auto & FMCG leading the fall! Consumer Durables, IT, and Pharma also suffering. 🚗🧴
- BROADER MARKET MIX: Midcap slightly down, but Smallcap showing some resilience, up 0.23%. 📈
- GOLD SHINES! 🌟 Prices hit a one-week high, up 0.7% to $3,312.77 an ounce, thanks to a weaker dollar.
- FIIs & DIIs: Foreign investors bought ₹2,201.79 crore yesterday, while domestic investors bought ₹683.77 crore. 🤝
- IPO BUZZ: Belrise Industries (Day 2) and Borana Weaves (Day 3) are still open for subscription. 🔔
- EARNINGS WATCH: Keep an eye out for results from IndusInd Bank, Nalco, Oil India, ITC, Sun Pharma, and more! 💼