Benchmark indices Sensex and Nifty rebounded in early trade on Friday, May 23, 2025, driven by buying in blue-chip IT stocks and a firm trend in Asian equity markets. | Photo Credit: PTI

After previous day’s sharp fall, Sensex jumps over 900 points

From the Sensex firms, Eternal, Infosys, HCL Tech, Power Grid, ITC, IndusInd Bank, Tech Mahindra and Nestle were among the biggest gainers.

by · The Hindu

Benchmark indices Sensex and Nifty rebounded sharply on Friday (May 23, 2025) driven by buying in blue-chip IT stocks and consumer goods major ITC.

After a flat start to the trade, the 30-share BSE benchmark gauge Sensex, bounced back and jumped 953.18 points to 81,905.17 in late morning deals. The NSE Nifty surged 299.35 points to 24,909.05.

From the Sensex firms, ITC, Eternal, Power Grid, Tech Mahindra, Infosys and HCL Tech were among the biggest gainers.

Sun Pharma emerged as the only laggard.

In Asian markets, Japan’s Nikkei 225 index and Hong Kong’s Hang Seng were trading in the positive territory, while South Korea’s Kospi and Shanghai’s SSE Composite index quoted lower.

US markets ended largely flat on Thursday.

Global oil benchmark Brent crude dipped 0.57 per cent to USD 64.07 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 5,045.36 crore on Thursday, according to exchange data.

On Thursday, the BSE Sensex tanked 644.64 points or 0.79 per cent to settle at 80,951.99. The Nifty tumbled 203.75 points or 0.82 per cent to 24,609.70.

Published - May 23, 2025 10:25 am IST