Stock market crash highlights: Sensex sheds 645 pts, Nifty at 24,609; IT, FMCG, Oil & Gas top drag

Sensex Today | Stock Market Highlights on Thursday, May 22, 2025: In the broader basket, Nifty Midcap100 and Nifty Smallcap100 indices settled lower by 0.52 per cent and 0.26 per cent, respectively

3:53 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Technically, Nifty formed a red candle on the daily chart, suggesting weakness. However, the index found support around the 21-Day Exponential Moving Average (21-DEMA), which is placed near 24,445. On the upside, 25,000 will act as a key resistance level for the index in the short term.

View by Hrishikesh Yedve, AVP technical and derivatives research, Asit C. Mehta Investment Interrmediates Ltd.

3:49 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The key benchmark indices witnessed declines amid US fiscal concerns that the proposed budget bill could significantly increase the national debt, pushing US treasury yield higher due to tepid long term bond demand. Adding to the pressure, a major credit rating agency’s downgrade of the US credit outlook sparked broad-based selloffs across Asian markets. Despite a notable improvement in India’s PMI in May and uptick in fiscal scenario, ongoing uncertainty around US-India trade negotiations and persistent global market volatility are likely to keep Indian equities in a consolidation phase in the near term.

View by Vinod Nair, head of research, Geojit Investments Limited.

3:37 PM

Stock Market LIVE Updates: A glance at broader market at close

Stock Market LIVE Updates: At close, BSE Midcap was down 0.33 per cent and BSE Smallcap was up 0.17 per cent. 

3:36 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: M&M, Tech Mahindra, ITC were among the top laggards on BSE at close.

3:34 PM

Stock Market LIVE Updates: Sensex settles at 80,952, down 645

Stock Market LIVE Updates: BSE Sensex closed at 80,951.99, down 644.64 points or 0.79 per cent. 

3:32 PM

Stock Market LIVE Updates: Nifty closes at 24,609.7, down 204

Stock Market LIVE Updates: NSE Nifty50 closed at 24,609.7, down 203.75 points or 0.82 per cent. 

3:20 PM

Stock Market Crash LIVE Updates: Dividend Alert! Deepak Fertilizers to reward its shareholders

Stock Market Crash LIVE Updates: Deepak Fertilizers and Petrochemicals Corporation has informed the exchanges that its board has recommended a dividend at the rate of Rs 10/- per equity share of face value Rs 10/- each for the financial year ended March 31, 2025.

 

3:11 PM

Stock Market Crash LIVE Updates: Tata Motors expects low single-digit PV growth in FY26, hatchback rebound

Stock Market Crash LIVE Updates: Tata Motors expects to maintain low single-digit growth in passenger vehicle sales this fiscal in line with the overall industry estimate, with the company betting on premium hatchback sales to bounce back with the introduction of its all-new version of Altroz, a top company official said on Thursday. READ MORE

3:03 PM

Stock Market LIVE Updates: Markets off day's low, Sensex down 600 pts

Stock Market LIVE  Updates: The BSE Sensex has recovered partly from the day's low of 80,490, and is now down 650-odd points or 0.8 per cent around 80,930 levels.

2:52 PM

Stock Market Crash LIVE Updates: Smallcaps outperform Sensex, Midcap; Ramco Systems, Cosmo First zoom 20%

Stock Market LIVE Updates: The BSE Smallcap index has outperformed the BSE Sensex and BSE Midcap index in Thursday’s intra-day trade in an otherwise weak market.

At 01:35 PM, the BSE Smallcap index was up 0.02 per cent, as compared to a 1 per cent decline in the BSE Sensex and a 0.5 per cent fall in the BSE Midcap index. Indian equity benchmarks plunged sharply on Thursday, tracking weakness in Asian markets. US markets ended significantly lower on Wednesday amid a sharp rise in Treasury yields. READ MORE

2:40 PM

Stock Market Crash LIVE Updates: Adani Group FY25 EBITDA rises to Rs 89,806 cr, infra sectors drive growth

Stock Market LIVE Updates: The Adani Group reported a consolidated Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITA) of Rs 89,806 crore in FY25, driven by growth in core infrastructure sectors and higher operating cash flows across its portfolio.

Return on assets in FY25 stood at 16.5 per cent, which Adani said places it among the highest-performing infrastructure businesses globally. The group’s gross assets have grown at a compound annual rate of more than 25 percent since FY2019, reaching Rs 6.1 trillion ($71.2 billion), said Adani Group in a media statement. READ MORE

2:30 PM

Stock Market Crash LIVE Updates: MTNL shares up 7% after DoT approaches finance ministry to repay co's debt

Stock Market LIVE Updates: Mahanagar Telephone Nigam (MTNL) share price jumped 6.6 per cent to a high of ₹47.04 per share on BSE after the Department of Telecom (DoT) once again approached the finance ministry seeking funds to repay the liabilities.

MTNL's total outstanding dues to public sector banks (PSBs) is ₹8,415.55 crore. In February, Business Standard reported that the finance ministry had rejected MTNL’s request that PSBs should take any kind of haircut on their debt. READ MORE

2:19 PM

Stock Market Crash LIVE Updates: What sparked 13% jump in VRL Logistics share price today? Find out here

Stock Market LIVE Updates: VRL Logistics share price zoomed as much as 12.60 per cent to a high of ₹630.25 per share after the company posted strong Q4 results.

VRL Logistics profit skyrocketed 245 per cent year-on-year (Y-o-Y) to ₹74.25 crore in the March quarter of financial year 2025 (Q4FY25), from ₹21.54 crore in the March quarter of financial year 2024 (Q4FY24). READ MORE

2:09 PM

Stock Market Crash LIVE Updates: Here are the sectors that topped investments in FY25

Stock Market LIVE Updates: Infrastructure-related sectors such as refineries, telecom services, and iron and steel product manufacturers led capital investments in India during the financial year 2024–25 (FY25), driving an "encouraging" growth.

According to Bank of Baroda's economic research department, refineries had the highest share in fixed assets in FY25 at 31 per cent, followed by telecom services (8.6 per cent), iron and steel products (5.9 per cent), cement (5.4 per cent) and power (4.8 per cent). READ MORE

1:59 PM

Stock Market Crash LIVE Updates: Nifty seems on course to test 24,400, says Kunal Kamble of Bonanza

Stock Market LIVE Updates: Nifty has witnessed profit booking near the key resistance zone of 25,100–25,300, driven by weak derivative cues and technical signals. FIIs have significantly reduced their long positions from nearly 7 crore contracts before May 8 to 1.49 crore currently, alongside an 8 per cent drop in long open interest (OI) and a 6 per cent rise in short OI, indicating increased bearish positioning.

The 24,400 level, where FIIs held their highest long positions, is expected to act as strong support, while the 24,700 – 24,950 zone, which saw heavy shorting, will likely act as resistance.

The Put-Call Ratio (PCR) has declined from 1.5 to 0.98, reflecting aggressive call writing at higher levels, while the sharp drop in basis from 126.3 to 16.55 suggests limited near-term upside.

Technically, a close below the 20-EMA (24,467) and weakening RSI (with a move below 53) signal growing downside risk. Unless the index decisively breaks above 25,100, a retest of 24,400 appears more likely in the short term.

(Views expressed by Kunal Kamble, Sr. Technical Research Analyst at Bonanza)