Mumbai, 21 May 2025: The Indian stock market witnessed a sharp decline on Tuesday, with the BSE Sensex dropping 873 points to close at 81,186, and the Nifty falling 262 points to settle at 24,683. The fall was driven by weak global cues and investor concerns over global economic trends.
Major stocks like HDFC Bank, Reliance Industries, and ICICI Bank saw significant losses, pulling down the indices. Uncertainty over trade talks between India and the U.S., along with negative global sentiments, made investors cautious. Many opted to book profits, leading to a sell-off.
Adding to the pressure, Moody’s negative outlook on the U.S. government’s credit rating and ongoing foreign institutional investor (FII) withdrawals—amounting to ₹526 crore in May—contributed to the downturn. Domestic institutional investors also pulled out ₹283 crore.
Large-cap stocks including Mahindra & Mahindra, Maruti, and Bajaj Finance also saw price declines, contributing to the broader market slump.
