Stock Market Today: Sensex, Nifty Fall for Third Straight Session Amid Weak Global Cues
Indian equity benchmarks, the BSE Sensex and Nifty 50, extended losses for a third consecutive session on April 24, tracking weak global signals and rising crude oil prices. Both indices opened lower and slipped further after a brief recovery during early trading.
Key Announcements / Highlights
- Sensex declined around 0.90% in early trade, while Nifty fell about 0.80%.
- Markets briefly recovered after opening but came under renewed selling pressure.
- IT and pharma stocks led the losses, while select auto and FMCG stocks showed resilience.
- Broader market sentiment remained weak, with declining stocks outnumbering gainers.
Market Performance Overview
The BSE Sensex opened lower and briefly moved into positive territory before reversing course. By around 10:15 a.m., it was trading over 700 points down after touching an early low near 76,800 levels.
Similarly, the Nifty 50 opened in the red, rose marginally in initial trades, and then dropped below the 24,000 mark amid sustained selling pressure.
Market breadth remained negative, with a majority of stocks trading lower during the session.
Sectoral Trends
Among individual stocks, gains were seen in companies such as Coal India, Mahindra & Mahindra, Bajaj Auto, Nestlé, and Grasim Industries, which traded modestly higher.
On the other hand, major IT firms including HCL Technologies, Infosys, Tech Mahindra, and TCS, along with Sun Pharmaceutical, recorded notable declines, contributing significantly to the overall market fall.
Context / Background
Domestic markets have been under pressure in recent sessions due to global uncertainties and fluctuations in crude oil prices. Rising oil prices can impact inflation and corporate margins, particularly in import-dependent economies like India.
Investor sentiment is also influenced by global market trends, currency movements, and sector-specific developments, especially in heavyweight segments such as information technology and banking.
Public Impact
Market declines affect investors’ portfolios, particularly those with exposure to equity markets through direct investments or mutual funds. Volatility in benchmark indices can also influence broader economic sentiment and investment decisions.
For retail investors, such fluctuations highlight the importance of diversification and long-term investment strategies rather than reacting to short-term market movements.
With markets continuing their downward trend for a third straight day, investors are closely watching global cues and commodity price movements for further direction. Analysts expect volatility to persist in the near term, with market sentiment likely to depend on external economic developments and sectoral performance trends.
Inputs & Images: Hindusthan Samachar
Edited by: Pushkarini Annabathula
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Last Updated on: Friday, April 24, 2026 3:25 pm by Pushkarini Annabathula | Published by: Pushkarini Annabathula on Friday, April 24, 2026 3:24 pm | News Categories: Latest
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