Closing Bell: Sensex Jumps 769 Points, Nifty Tops 24,850 :

Closing Bell: Sensex Jumps 769 Points, Nifty Tops 24,850 :

Indian stock market: The Indian stock market indices had a somewhat strong start as the Gift Nifty was trading at a level of about 24,690, which was roughly 38 points higher than the previous close of the Nifty futures.

Indian stock market: In response to conflicting signals from international counterparts, the domestic equity benchmark indices, the Sensex and Nifty 50, are anticipated to open higher on Friday.

Also Read : Today’s market: Nifty 50 to global trends : May 22, 2025

The US stock market closed flat overnight after President Donald Trump’s tax measure was approved by the US House of Representatives by a single vote, raising concerns about the nation’s debt load. In contrast, Asian markets saw generally stronger trading.

Rising geopolitical tensions,growing worries about US debt,and stretched valuations of domestic stocks all contributed to Thursday’s lower closing price of the Indian stock market.

The Nifty 50 closed 203.75 points,or 0.82%,lower at 24,609.70,while the Sensex fell 644.64 points, or 0.79%, to close at 80,951.99.

Given that FIIs have been net sellers in recent sessions,a further increase in global bond yields may cause foreign investors to steer clear of riskier assets in emerging economies. Additionally,markets may see significant sideways movement as volatility increases ahead of next week’s F&O expiry, according to Prashanth Tapse, Senior VP (Research),Mehta Equities Ltd.

Disclaimer: bharatbulletin24x7.com does not endorse the opinions or suggestions expressed above; rather,these represent the opinions of individual analysts or brokerage firms. Before making any financial decisions,we encourage investors to consult with qualified professionals.