American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

Banking stocks drag Dalal Street lower: what’s spooking the financial heavyweights today?

by admin May 15, 2025
May 15, 2025
Banking stocks drag Dalal Street lower: what’s spooking the financial heavyweights today?

Indian equity benchmarks, the Sensex and Nifty, commenced Thursday’s session on a weaker footing, succumbing to selling pressure in prominent blue-chip banking stocks and reflecting a subdued sentiment across broader Asian markets.

The initial downturn set a cautious tone for the day’s trading.

The 30-share BSE Sensex registered an early dip, falling 106.78 points to 81,223.78 shortly after the opening bell on May 15, 2025. Similarly, the NSE Nifty declined by 38.45 points to 24,628.45.

As the session progressed, the selling pressure intensified slightly, with the BSE benchmark later trading 247.22 points lower at 81,082.80, and the Nifty quoted 67.15 points down at 24,599.75.

Several heavyweight constituents from the Sensex pack contributed to the negative momentum.

Among the major laggards were Power Grid, IndusInd Bank, Axis Bank, Sun Pharma, Infosys, Mahindra & Mahindra, Kotak Mahindra Bank, and HDFC Bank.

However, not all stocks were in the red; Tata Motors, Adani Ports, Tata Steel, Tech Mahindra, and UltraTech Cement managed to buck the trend and post gains in the early hours.

Regional ripples and global undercurrents

The weakness in Indian equities mirrored trends observed across other Asian financial centers.

Major indices in the region, including South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index, and Hong Kong’s Hang Seng, were all reported to be trading lower.

This followed a mixed closing for US markets on Wednesday, May 14, 2025, indicating a degree of uncertainty in global investor sentiment.

Market analysts are interpreting the current price action as a potential sign of consolidation.

“The market appears to be heading for a near-term consolidation phase with the mid and smallcaps outperforming,” V.K. Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, told PTI.

He further suggested that a shift in foreign fund flows might be on the horizon: “The sustained robust FII buying which lifted the largecaps is likely to weaken in the new context of trade deal emerging between US and China.”

Adding to the broader market picture, global oil benchmark Brent crude experienced a notable drop, declining 2.10% to $64.70 a barrel, a factor that often influences sentiment in import-dependent economies like India.

FII activity and previous session recap

Despite the early weakness on Thursday, data from the exchanges indicated that Foreign Institutional Investors (FIIs) remained net buyers on the preceding day.

FIIs bought equities worth Rs 931.80 crore on Wednesday, May 14, 2025.

This inflow had contributed to a positive close for the Indian markets on Wednesday, with the BSE Sensex climbing 182.34 points or 0.22% to settle at 81,330.56, and the Nifty rising by 88.55 points or 0.36% to 24,666.90.

The post Banking stocks drag Dalal Street lower: what’s spooking the financial heavyweights today? appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Europe markets open: UK’s 0.7% Q1 GDP, Siemens earnings in focus amid global caution
next post
Amid scrutiny, Airbnb chases $1T experience market: could app backlash turn into its biggest asset?

Related Posts

High risks, high rewards: the economics of illegal...

January 2, 2025

Wall Street rebounds as tech stocks rally; Comcast...

January 31, 2025

Here’s why the Rheinmetall share price will pop...

August 5, 2025

Here’s why private equity stocks are crashing

April 6, 2025

From Premier Energies to Ola Electric: how India’s...

January 3, 2025

Crude oil awaits fresh catalyst to rise further:...

June 11, 2025

Bayer share price analysis: why is this DAX...

November 13, 2024

How China’s 34% tariff on US imports could...

April 5, 2025

KKR secures majority stake in Fuji Soft after...

February 20, 2025

Rocket Lab stock price analysis: is the RKLB...

December 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • How Donald Trump’s immigration crackdown may tank the labor market

      August 4, 2025
    • Trump’s tariff threat looms over India’s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,583)
    • Investing (2,703)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved