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Home Business

Stock markets fall in volatile trade on rising India-Pak tensions

News Desk by News Desk
May 8, 2025
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Stock markets recover after two days of fall; banking shares lead gains
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MUMBAI: (May 8) Benchmark Sensex declined by nearly 412 points in a volatile session on Thursday due to selling in banking, FMCG and auto shares triggered by escalating tensions between India and Pakistan.

The 30-share Sensex declined by 411.97 points or 0.51 per cent to close at 80,334.81 with 23 of its constituents ending in the red. The index opened higher and traded in a range in the first half of the session. The index hit a high of 80,927.99 in late-morning deals.

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However, the barometer lost momentum in the afternoon session as selling emerged in FMCG, auto, and select banking shares. It tanked 759.17 points or 0.94 per cent to hit a low of 79,987.61 in the pre-close session. PTI

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