Post Market, 24 April 2026: Sensex Down Over 980 Points, Nifty Slips 275 Points

It was another weak day for markets. Losses have been extending for the third session in a row. The week had started on a slightly better note, but that strength did not last.

The tone remained under pressure, with selling seen through the day as global uncertainty weighed on sentiment.

Closing Bell

Sensex fell by over 980 points to close at 76,681.29. Nifty 50 went down about 275 points to settle at 23,897.95.

Broader Markets

The broader market saw sharper pressure. The Nifty Midcap and Smallcap indices both declined by nearly 1%.

All sectoral indices ended in the red, with IT stocks seeing the sharpest fall, down around 5%. Healthcare, consumer durables, realty, telecom, pharma and media indices also declined by about 1% each.

Q4 Result Updates

Amid the broader weakness, earnings season is also in play, with Q4 results driving stock-specific trends. Here are some key updates:

• Adani Energy: Net profit up 5.7% YoY at ₹683.8 crore vs ₹647.2 crore; revenue up 16.8% YoY at ₹7,443 crore vs ₹6,374.6 crore

• UTI AMC: Net profit up 10.8% YoY at ₹129.8 crore vs ₹117 crore; revenue up 22.5% YoY at ₹174.3 crore vs ₹142.2 crore

• Adani Green: Net profit up 72.6% YoY at ₹397 crore vs ₹230 crore; revenue up 14% YoY at ₹3,502 crore vs ₹3,073 crore

• Atul Ltd: Net profit up 66% YoY at ₹210 crore vs ₹127 crore; revenue up 15% YoY at ₹1,670 crore vs ₹1,451.6 crore

• Hindustan Zinc: Net profit up 67.6% YoY at ₹5,033 crore vs ₹3,003 crore; revenue up 49% YoY at ₹13,544 crore vs ₹9,087 crore

• Shriram Finance: Net profit up 41% YoY at ₹3,014 crore vs ₹2,139 crore; net interest income up 21% YoY at ₹6,751 crore vs ₹5,566 crore

• LTI Mindtree: Net profit up 44.6% QoQ at ₹1,387.3 crore vs ₹959.6 crore; revenue up 4.7% QoQ at ₹11,291.7 crore vs ₹10,781 crore

• Chennai Petroleum: Net profit up 42% QoQ at ₹1,421 crore vs ₹1,002 crore; revenue up 7% QoQ at ₹16,817 crore vs ₹15,683 crore

• Zensar Tech: Net profit up 5.4% QoQ at ₹210.6 crore vs ₹199.8 crore; revenue up 1.4% QoQ at ₹1,450.4 crore vs ₹1,430.7 crore

What Moved The Markets Today?

The geopolitical situation remains uncertain. The Israel-Lebanon ceasefire has been extended. But there is still no clarity on the situation in Iran.

At the same time, tensions around the Strait of Hormuz remain high. The US has asked its Navy to act against any Iranian boats placing mines in the waterway, increasing the risk of escalation.

Global markets reflected this, staying largely on the back foot.

Back home, the rupee continued to weaken, opening at ₹94.22 against the US dollar, and has remained under pressure through the week. It closed at ₹94.25, slipping 14 paise lower than its previous close.

Foreign institutional investors were net sellers again, with outflows of over ₹3,200 crore in the previous session.

Volatility has slightly picked up, too. India VIX has closed at 19.7. While it is still below 20, it has moved up from recent levels.

Commodities Watch: Gold And Silver

Gold and silver saw a weak session, with prices drifting lower through the day.

Gold opened at ₹1,51,761 per 10 grams on MCX and remained under pressure. By around 15:41 IST, it was trading at ₹1,51,543, down ₹218, or about 0.14%.

Silver also saw a decline. It opened at ₹2,41,513 per kg and slipped to ₹2,40,055 by around 15:46 IST, down ₹1,458, or around 0.60%.

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What Should Investors Watch Next?

After three sessions of decline, the focus now shifts to how markets behave around current levels.

From here, it will also be interesting to see which sectors show signs of stabilising first. The weakness has been across the board so far, but any early strength could indicate where support is coming in.

At the same time, global developments will continue to influence sentiment in the near term.

Sources:

Livemint

Moneycontrol