Mumbai:

The data available on the exchange showed that Foreign Institutional Investors (FIIs) sold equities worth Rs 525.95 crore on Monday.

“In the near-term the market is likely to move to a consolidation phase. The high valuations will put a cap on the upside with institutional selling emerging on upside. This was evident from the institutional activity on Monday, when both FIIs and DIIs (Domestic Institutional Investors) emerged sellers, though marginally,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.

Asian markets: Hong Kong’s Hang Seng, South Korea’s Kospi, Japan’s Nikkei 225 index, and Shanghai’s SSE Composite index traded in the positive territory. The US stock markets closed higher on Monday. The global oil benchmark Brent crude slipped 0.06 per cent to USD 65.50 a barrel.

 The BSE Sensex gained 191 points to 82,250.42 in early trade on May 20, 2025. The NSE Nifty went up 64.9 points to 25,010.35. The equity benchmark indices rebounded in early trade after two days of decline amid firm trends in global markets and buying in IT stocks.

Gainers from the Sensex firms included, IndusInd Bank, Asian Paints, ITC, Tata Consultancy Services, Tata Steel, Infosys, Tech Mahindra, and Axis Bank. Laggards included, Bajaj Finance, Reliance Industries, Titan, Nestle, Power Grid, and HDFC Bank.

On May 19, 2025, the 30-share BSE Sensex dropped 271.17 points to end at 82,059.42. The Nifty declined 74.35 points to 24,945.45.

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