.jpeg)
Stock Market Today: Sensex Drops 200 Points, Nifty Hovers Near 25,000 as IT Stocks Retreat
Vizzve Admin
📉 Stock Market Today: Sensex Falls 200 Points, Nifty Closes Near 25,000 as IT Stocks Weigh Down Sentiment
Mumbai, May 13, 2025 — Indian equity benchmarks ended lower on Tuesday amid a broad-based pullback in IT stocks. The Sensex fell by 200 points, while the Nifty 50 closed just shy of the 25,000 mark, dragged by heavyweights in the technology and financial sectors.
🔍 Market Highlights
-
BSE Sensex: Closed at 81,220, down 200 points (–0.25%)
-
NSE Nifty 50: Ended at 24,970, down 65 points (–0.26%)
-
Top Losers: Infosys, TCS, HCLTech, Tech Mahindra
-
Top Gainers: NTPC, Bharti Airtel, Coal India, Power Grid
💻 What Led the Decline?
1. IT Stocks Under Pressure
The technology sector was the worst performer of the day. Infosys and TCS led the decline, shedding over 2% each. Concerns over weak global tech demand and mixed earnings forecasts dragged investor sentiment.
2. Global Cues Remain Mixed
Global markets remained choppy due to inflation fears in the US and uncertainties over upcoming Fed interest rate decisions.
3. Profit Booking
After a strong rally last week that pushed Nifty close to record highs, traders chose to book profits, especially in high-beta IT and midcap names.
📊 Sectoral Performance
| Sector | Performance |
|---|
| IT | ▼ -2.3% |
| Pharma | ▲ +0.9% |
| Power | ▲ +1.5% |
| Banking | ▼ -0.4% |
| FMCG | Flat |
📈 Broader Market Action
-
Nifty Midcap 100: Down 0.3%
-
Nifty Smallcap 100: Down 0.2%
-
India VIX (Volatility Index): Rose 2.4% to 13.85
💬 Expert Take
Rajesh Bhosale, Technical Analyst at Angel One, said:
“The Nifty is showing signs of fatigue near the psychological 25,000 level. A brief consolidation or minor correction cannot be ruled out, especially if IT and global cues remain weak.”
❓ FAQs: Sensex & Nifty Market Movement – May 13, 2025
Q1. Why did the Sensex fall today?
A: The Sensex declined by 200 points due to heavy selling in IT stocks and profit booking by investors.
Q2. What caused the weakness in IT stocks?
A: Concerns over global tech demand and cautious earnings guidance by US tech majors led to the decline in Indian IT shares.
Q3. Is the Nifty still near its all-time high?
A: Yes, despite today’s drop, Nifty remains close to its all-time highs, hovering just under 25,000.
Q4. Which sectors gained today?
A: Power and Pharma sectors posted gains, with NTPC and Power Grid emerging as top gainers.
Q5. What is the outlook for markets ahead?
A: Analysts expect near-term consolidation with stock-specific action. Much will depend on global cues and domestic earnings momentum.
🧠 Final Thoughts
The markets showed signs of cooling off after a strong rally. While IT dragged the indices lower today, broader investor sentiment remains cautiously optimistic, especially ahead of the next round of earnings and macroeconomic updates. Nifty at 25,000 will likely act as a key psychological and technical level to watch in the coming sessions.
Reported by Benny on May 16, 2025.
Disclaimer: This article may include third-party images, videos, or content that belong to their respective owners. Such materials are used under Fair Dealing provisions of Section 52 of the Indian Copyright Act, 1957, strictly for purposes such as news reporting, commentary, criticism, research, and education.
Vizzve and India Dhan do not claim ownership of any third-party content, and no copyright infringement is intended. All proprietary rights remain with the original owners.
Additionally, no monetary compensation has been paid or will be paid for such usage.
If you are a copyright holder and believe your work has been used without appropriate credit or authorization, please contact us at grievance@vizzve.com. We will review your concern and take prompt corrective action in good faith... Read more
