Sensex, Nifty Tumble On US Fiscal Concerns
From Nasdaq, Inc.: 2025-05-22 00:11:00
Indian shares plummeted on Thursday following a brutal session on Wall Street, with the Sensex dropping 800 points and the Nifty down 265 points. Companies like ITC, Infosys, and Hindustan Unilever lost 2-3 percent, while Grasim, ITC, and Sun Pharma fell around 1 percent. InterGlobe Aviation declined amid concerns about a leasing agreement, while Nalco rallied 3.3 percent. IndusInd Bank rose despite posting a net loss of Rs. 2,236 crores in Q4. IRCON International dropped 1 percent after a 14 percent fall in Q4 net profit.
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