Search for stocks /

πŸ“‰ Indian Markets Snap 4-Day Rally | Nifty Below 22,600 | Banks Drag, IT Holds Ground

Date: May 6, 2025
Time: 4:15 PM
By eduinvesting.in | Making Sense of the Market Noise So You Don’t Have To


πŸ›‘ Market at Close: The Hangover After the Party

After four straight sessions of cheerleading, the Indian markets finally hit the brakes. Nifty closed below 22,600, and the Sensex gave up more than 100 points, dragged down by banking, auto, and metal names. Looks like the bulls needed a nap.

  • Nifty 50: πŸ”» 29 pts (-0.13%) at 22,589
  • Sensex: πŸ”» 112 pts (-0.15%) at 74,675
  • Bank Nifty: πŸ”» 194 pts (-0.41%) at 47,070
  • India VIX: πŸ”Ό +4.8% at 11.2 β€” fear is slowly waking up.

πŸ” Sector Check: Banks Bleed, IT Tries to Code the Dip

  • Worst hit: Nifty Bank (-0.4%), Nifty Auto (-0.3%), Nifty Metal (-0.6%)
  • Defensive chill: Pharma and FMCG flat to mild green
  • Holding fort: Nifty IT πŸ”Ό +0.5% – Thanks to Accenture optimism & weak rupee

πŸ’₯ Stocks That Got Punched

  • Tata Steel πŸ”» 2.1% β€” Profit-booking after that China optimism last week
Continue reading with a premium membership.
Become a member
error: Content is protected !!