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Stock Market LIVE: Sensex Trades Flat, Nifty Slips Below 25K; IT Stocks Lead Losses

  • By admin
  • May 19, 2025
  • 11 Views

📊 Sensex Today | Stock Market LIVE Updates

  • 🟰 Markets Open Flat: Indian indices started the week on a subdued note.
  • 💸 Financials Support Gains: Rise in financial stocks helped cushion the impact of losses in IT.
  • ⚠️ Moody’s Downgrade Impact: Moody’s cut the U.S. credit rating from AAA to AA1, citing high debt & interest burdens.
  • 🖥️ IT Sector Hit:
    • Nifty IT index fell 🔻 0.8%
    • Top losers: Infosys, Eternal, TCS, IndusInd Bank, HCL Tech, Reliance
    • Drop range: 0.3% to 1.1%
  • 🇺🇸 Why It Matters: Indian IT firms earn a major chunk of revenue from the U.S., making them sensitive to U.S. economic shifts.

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