Sensex tumbled 1,282 points (1.55%) to close at 81,148.22; it had fallen as much as 1,386 points intraday.Nifty dropped 346.35 points (1.39%) to 24,578.35.
The decline followed Monday's record rally (nearly 4% gain) amid profit-taking, particularly in IT, FMCG, and auto sectors.
Top losers: Infosys (–3.54%), Power Grid, HCL Tech, TCS, Bharti Airtel, IndusInd Bank, NTPC, HDFC Bank.
Top gainers: Sun Pharma, Adani Ports, Bajaj Finance, SBI, Tech Mahindra.
Brent crude rose 0.32% to $65.17/barrel.
FIIs net bought equities worth ₹1,246.48 crore on Monday.
Monday’s rally was driven by geopolitical and trade optimism: India-Pakistan ceasefire understanding and US-China tariff deal.
Tuesday, May 13, 2025
Markets Slide After Record Rally: Sensex Sheds 1,282 Points on Profit-Taking in IT, FMCG Stocks
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