Closing Bell, 24 August 2026: Sensex Falls 172 Points, Nifty Slips 33
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The Sensex and Nifty today ended lower after reversing early gains during the trading session. US-Iran tensions, sectoral pressure, and selling in select stocks weighed on sentiment. Read more.
Indian equity benchmarks opened higher on Monday but failed to hold on to the early gains as selling emerged during the session. At the closing bell, the:
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BSE Sensex stood at 77,369.11, down 171.72 points or 0.22%
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Nifty 50 stood at 24,219.05, down 32.95 points or 0.14%
The rupee opened 5 paise higher against the US dollar at ₹95.64, compared with Friday's close of ₹95.71.
Sectoral performance was mixed during Monday’s session. The Nifty Metal index led the gainers, rising 1.59%, while IT and FMCG ended marginally higher. The Nifty PSU Bank index fell 0.93% on the other hand, followed by Media at 0.58%.
Nifty Metal | +1.59% |
Nifty IT | +0.21% |
Nifty FMCG | +0.04% |
Nifty Media | -0.58% |
Nifty PSU Bank | -0.93% |
Nifty 50 Today: Gainers And Losers
Stocks of the following firms were among the top five gainers and losers on the Nifty 50 index today:
JSW Steel | SBI Life Insurance |
Hindalco Industries | Adani Ports |
Tata Steel | Bajaj Finance |
HCL Technologies | Bajaj Finserv |
Dr Reddy's Laboratories | Bharat Electronics |
Gold And Silver Prices Today
Gold prices moved higher on the Multi Commodity Exchange (MCX). At 4:05 pm IST, Gold futures for October stood at ₹1,63,485 per 10 grams, up ₹1,047 or 0.64%. Silver futures for September stood at ₹2,46,290 per kg, down ₹307 or 0.12%.
Other Important Headlines
Some of the other major developments in focus during the session were as follows:
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US Treasury Secretary Scott Bessent is scheduled to announce a severe economic pressure campaign aimed at isolating Iran's economy. Tehran has warned that it could disrupt or seize shipping vessels in the Strait of Hormuz.
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Commerce Minister Piyush Goyal said India is negotiating Free Trade Agreements (FTAs) with 8 to 9 new trade blocs, representing a combined GDP of around $15 trillion.
Crude Oil Prices Today
Crude oil prices declined on Monday. MCX crude oil was at ₹8,147 per barrel, down ₹212 or 2.54% as of 4:00 pm IST. In international markets, West Texas Intermediate (WTI) crude was at $85.10 per barrel, down 2.25%, while Brent crude stood at $92.82 per barrel, lower by 1.66%.
What’s Next?
Indian markets are likely to remain sensitive to developments around the US-Iran conflict and movements in crude oil prices. Investors may also track the rupee and sector-specific activity after the benchmarks gave up their early gains and ended lower.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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