Nifty Slips Below 24,200 as Banks Drag Sensex Down in Volatile Session
Indian stock markets ended a volatile trading session in negative territory on Thursday, with the Sensex falling 123 points to 77,989 and the Nifty 50 declining 35 points to close below the 24,200 mark at 24,197. The early surge, fueled by hopes of US-Iran peace talks and a consequent sharp retreat in crude oil prices, was completely erased by a wave of profit-booking in banking and financial shares. The Nifty Bank was a significant underperformer, dropping 216 points to 56,086, with HDFC Bank, Kotak Mahindra Bank, Titan, and ONGC among the biggest laggards on the index. Despite the broader market decline, the midcap index managed to outperform. Sectoral performance was mixed; while IT, capital goods, and metal indices each gained about 1%, led by strong performances from Hindalco, Adani Enterprises, and Trent, the auto, bank, and oil & gas sectors ended lower. Analysts suggest the near-term uptrend remains intact despite the pullback, which was attributed to investors locking in gains following a recent sharp rally.
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Stock Market Highlights: The Sensex fell 123 points to 77,989, while the Nifty 50 declined 35 points to 24,197, slipping below the 24,200 mark. The Nifty Bank dropped 216 points to 56,086, while the midcap index outperformed, rising 369 points to 59,147.
Sensex news today: Sensex settles 750 pts lower from day's high, Nifty ends below 24,200: Five key reasons behind markets erasing gains
Sensex, Nifty declined as investors locked in gains following the sharp rise in early trade, leading to a pullback in both indices. ... Stock market today news: Sensex, Nifty see profit booking in trade.
Sensex, Nifty 50 Today | Stock Market LIVE Updates, 16 April 2026: Sensex settles 122 pts lower; Nifty below 24200 - Bank, FMCG, Auto stocks decline
In the current trading session, Hindalco Industries Ltd surged to a last traded price of 1039.9, marking a 2.81% increase. Adani Enterprises Ltd advanced 2.70% to 2202.2, while Trent Ltd climbed 2.66% to 4083.9. Eternal Ltd and Adani Ports & Special Economic Zone Ltd also performed well, rising ...
Share Market Today Updates 16 April 2026: Sensex, Nifty settle marginally lower; Sensex closes 122 points down at 77,988, Nifty50 dips 34 points to 24,196 - The HinduBusinessLine
Benchmark indices Sensex and Nifty closed down in a volatile session on Thursday due to profit-taking in banking and financial shares after a recent sharp rally. Erasing its early gains, the 30-share BSE Sensex declined 122.56 points or 0.16 per cent to settle at 77,988.68.
Indian stock market: Gift Nifty rebounds 350 points as crude oil prices ease on Iran peace talk hopes | Stock Market News
GIFT Nifty is up 350 points, signaling potential market recovery after Monday's losses, amid renewed hope for US-Iran peace talks. Crude prices retreated sharply as expectations for further dialogue to end the war outweighed concerns over supply disruptions.
Ahead of Market: 10 things that will decide stock market action on Wednesday - The Economic Times
Indian markets ended lower as stalled US-Iran talks triggered broad selling across sectors. Nifty and Sensex declined sharply, though technical indicators suggest near-term uptrend remains intact, with key support at 23,500 and resistance near 24,100 amid cautious investor sentiment.
Stock market today (April 16, 2026): Nifty50 slips below 24,200; BSE Sensex down 80 points on oil prices easing, hopes of US-Iran war ending - The Times of India
India Business News: Stock market today: Indian equity benchmarks opened green, on Thursday, lifted by hopes of an early end to the US-Iran conflict, but reversed course a.
Closing Bell: Market fails to hold gains, end lower amid late selling | Moneycontrol News
Biggest Nifty losers were HDFC Bank, ONGC, HDFC Life, Titan Company, Apollo Hospitals, while gainers included Hindalco Industries, Trent, Adani Enterprises, Adani Ports and Eternal. Among sectors, IT, capital goods and metal indices gained 1% each, while auto, bank, oil & gas ended lower.
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