Sensex sheds 556 pts, Nifty50 gives up 24,900; Nifty IT falls 6% in 5 days
Published on 25/09/2025 03:40 PM
Domestic equity benchmarks suffered failed to hold on to the green in yet another volatile session on Thursday, finishing lower for the fifth trading day in a row. Broad-based losses weighed on the main gauges, with financial, IT, energy and FMCG shares being at the forefront of the sell-off. While persistent FII outflows continued to batter investor sentiment, the Donald Trump 2.0 administration's H-1B visa fee hike kept fuelling growing concerns about the Indian IT space.
Both main indices fell 0.7 per cent for the day, with the Sensex losing 556 points to end at 81,159.7. The Nifty50 gave up 166.1 points to settle at 24,890.9, after broadly gyrating in a 24,850-25,100 band during intraday trade.
The Nifty Bank -- whose 12 constituents include SBI and HDFC Bank shares -- shed 145.3 points, or 0.3 per cent, to 54,976.2.
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The Nifty IT fell 1.3 per cent, dragged by TCS and HCLTech, taking its losses to 6.0 per cent in five days.
On September 19, the 47th American president signed a proclamaton to raise the H-1B visa fee to $1,00,000 from just a few thousands, sending investors and analysts worrying over higher costs for the country's IT firms.
The US action comes at a time when Indian IT firms earn the lion's share of their top lines from the US.
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