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Benchmarks slide as crude climbs, Sensex sheds 583 pts, Nifty below 24K
Equity benchmark indices tumbled on Thursday as surging crude oil prices, weak Asian cues and relentless foreign fund outflows battered investor sentiment. The Nifty slipped below the 24,000 mark, weighed down by banking stocks. Most sectoral indices ended in the red, with the Nifty IT index bucking the trend. Brent crude climbed to around $120 per barrel amid rising fears of supply disruptions linked to potential curbs on Irans ports, fuelling inflation concerns in India. Global markets offered little support, pressured by elevated energy prices and uncertainty over the Federal Reserves policy stance. Meanwhile, a sharp slide in the rupee to a record low added to the strain on domestic equities.
Market end sharply lower; Nifty settles below 24,000 mark
Metal, PSU Bank and consumer durables shares declined while IT and Pharma stocks advanced.
Markets end week higher, Thursday selloff pulls Nifty below 24,000; rupee hits record low
The Nifty Bank index dropped 540 points to 54,863, while the Midcap index fell 592 points to 59,785. Markets ended off the day’s low, but breadth remained weak, with the NSE advance-decline ratio at 1:2.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian stock markets saw a strong upward trend on Wednesday. The Nifty 50 and Sensex both closed higher, driven by gains in auto, FMCG, and IT sectors. Analysts observed mixed signals with key support and resistance levels identified. US and European markets traded with mixed results ahead of the Federal Reserve meeting.
Indian Bank Q4 Results: ₹308 crore provision for West Asia crisis; Board approves fund raise
Indian Bank’s Q4 profit rose 6%, while asset quality improved. The lender set aside ₹308 crore for West Asia risks, declared dividend, and approved plans to raise up to ₹5,000 crore.
Sensex Today Trades Higher | Nifty Above 24,050 | Bandhan Bank Up 8% - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,050 | Bandhan Bank Up 8%Equitymaster
Vodafone Idea, Eternal, JP Power, Bandhan Bank, Suzlon among the most traded stocks today, 29 April 2026 - Mint
Vodafone Idea, Eternal, JP Power, Bandhan Bank, Suzlon among the most traded stocks today, 29 April 2026Mint
Vodafone Idea, Eternal, JP Power, Bandhan Bank, Suzlon among the most traded stocks today, 29 April 2026
Vodafone Idea, Eternal, Jaiprakash Power Ventures (JP Power), Bandhan Bank, Suzlon Energy, and YES Bank were the most active stocks, or most traded stocks in terms of volume, on the NSE.
Today's Market: Sensex Today Trades Higher | Nifty Above 24,050 | Bandhan Bank Up 8% - Indian Stock Market News - Equitymaster
Today's Market: Sensex Today Trades Higher | Nifty Above 24,050 | Bandhan Bank Up 8% - Indian Stock Market NewsEquitymaster
Sensex Today | Stock Market Highlights: Nifty slips below 24,000; banks drag markets lower
Sensex Today | Stock Market Highlights: The indices ended largely in the red on Tuesday, with the Nifty slipping below the 24,000 mark amid weakness in banking stocks. The Sensex fell 417 points to close at 76,887, while the Nifty declined 97 points to settle at 23,996. The Nifty Bank index dropped 864 points to 55,400 as all constituents, barring Kotak Mahindra Bank, ended lower. PSU banks were among the worst hit, with the sectoral index falling 2% after the RBI finalised ECL norms.
India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally - TechStock²
India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall RallyTechStock²
Sensex Today Trades Higher | Nifty Above 24,050 | Tata Steel & Kotak Mahindra Top Gainers - Equitymaster
Sensex Today Trades Higher | Nifty Above 24,050 | Tata Steel & Kotak Mahindra Top GainersEquitymaster