Sensex climbed 254 points following the flat movement of the market; Nifty crossed 24700; Sun Pharma dropped 5%.
Stock Market Today: Thursday, a day earlier, the local stock market closed with a drop brought on by indicators of weakness in the world markets, therefore generating selling pressure.
Friday, 23 May 2025, the last trading day of the week began with a flat movement of the stock market. But the market managed itself and began to show some uptick following the increase in FMCG and IT equities. The BSE Sensex increased 289.29 points on the S&P to reach 81,241.26; the NSE Nifty 50 likewise jumped 119.15 points to the level of 24,728.85.
Market closed in declining fashion.
On Thursday, one day earlier, the local stock market finished down under selling pressure resulting from indications of weakness in the world markets. Whereas the Nifty dropped 204 points, the Sensex dropped 645 points. Market analysts claim that the US’s debt issues and rising bond rates have had effects on the Indian markets.
Based on 30 equities, the BSE benchmark index Sensex closed at 80,51.99 points, down 644.64 points or 0.79 percent. One time, during trading, it dropped 1,106.71 points to 80,489.92. The NSE benchmark index Nifty closed at 24,609.70 points, down 203.75 points or 0.82 percent as well.
Among the firms included in the Sensex group, the shares of Mahindra & Mahindra, Bajaj Finserv, Tech Mahindra, Power Grid, ITC, Hindustan Unilever, Reliance Industries and Maruti experienced the largest fall. Conversely, closed with gains are Indusind Bank, Bharti Airtel, and UltraTech Cement.
Development in an Asian market
Friday’s Asian market witnessed increases. The Nikkei soared 0.80 percent in Japan; the Topix overall surged 0.71 percent. Kospi surged 0.12 percent and ASX 200 increased 0.36 percent. The significant rise in bond yields—interest rates—in the US and Japan has had an impact on the worldwide financial scene. Bond rates in the US have experienced significant increase; the 10-year bond yield is at 4.52 percent while the 30-year bond yield is now 5.14 percent. Under such circumstances, it is generating questions over the degree of US debt.