BSE SENSEX: India's Benchmark Falls 1.46% to 74,759 as Power, Energy, and Financials Lead Month-End Selling

India's BSE Sensex closed at 74,759 on Friday, May 29, 2026, down 1,109 points or 1.46% from the previous session as the index extended a month‑end sell‑off. The session opened at 75,988, peaked at 76,220, and trimmed to a low of 74,589 before settling lower. May’s loss reaches about 2.8%, making it the weakest major global index for May. Sectoral declines were broad, led by Power Grid Corp (-4.55%), NTPC (-2.61%), and Reliance Industries (-2.39%), with autos, metals, and financial services also slipping; IT remained comparatively resilient on AI‑driven outsourcing optimism. Year‑to‑date the Sensex is down roughly 12.29%, contrasting with Nikkei (+29.1%), S&P 500 (around +10%), and improving European benchmarks. The weakness stems from oil price spikes raising import costs, widening the current account deficit, and pressuring the rupee amid a fiscal stance focused on infrastructure and deficit reduction.