desk
Share
News Topical, Digital Desk : Stock Market Today 30 May 2025: On the last trading day of the week i.e. Friday, May 30, the Indian stock market started with a decline. As soon as the market opened, the Sensex fell by 140 points. And after that it fell further by 167 points. While the Nifty also opened below 24,800. After the fourth quarter results of Ola Electric, its stock has gone down by 7 percent. A lot of pressure is also being seen on IT stocks.
Decline in Asian markets:
Asian markets declined on Friday amid uncertainty over Trump's tariffs. The US court first stopped the tariffs, and then ordered them to continue. After this, Nikkei slipped 1.48 percent while the Broader Topics index also fell 0.8 percent. South Korea's Kospi fell 0.18 percent while ASX 200 also fell 0.19 percent.
Surge on Thursday
The stock market witnessed a surge a day before on Thursday. The US court's stay on the Trump tariff decision had a direct effect on the Asian markets as well as the Indian stock market. The BSE Sensex based on 30 shares jumped 320.70 points i.e. 0.39% and closed at 81,633.02. At one point during the trading, it rose 504.57 points to reach 81,816.89 points. While the NSE's Nifty of 50 shares went up by 81.15 points i.e. 0.33% and reached 24,833.60.
Vinod Nair, Research Chief, Geojit Investment Ltd., says that such global sentiment improved after the US court stayed the Trump tariffs. RBI said that the country will remain the world's fastest growing major economy even in the current financial year (2025-26). Apart from this, according to official data released on Wednesday, India's industrial production growth slowed to 2.7 percent in April 2025 due to poor performance of manufacturing, mining and power sectors.
Read More: IPO News: Mumbai's luxury food service company is bringing its IPO, filed draft papers
--Advertisement--
