The Nifty tanked 1.4%, or 320.10 points, to close at 23,024.65. The Sensex plunged 1.6%, or 1,235.08 points, to close at 75,838.36. Both indices fell over 0.5% each in the last week. The selloff eroded India’s market cap by around ₹7.52 lakh crore.
In the Nifty500 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 22, 2026, according to stockedge.com’s technical scan
Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with
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