Stock Market Update 30 April 2026: Sensex Falls Over 600 Pts; Nifty Below 24,000

Amid mixed global cues and US-Iran deal uncertainty, most Indian stock market indices traded lower after market opening on Thursday, 30 April 2026.

At around 9:15 AM, the Sensex was down by around 667 points (0.86%) to trade at 76,810.51. The Nifty 50 was also down by 197 points (0.79%) to trade at 23,977.15.

Notably, indices traded with a positive bias on Wednesday. The Nifty 50 ended the session at 24,177.65 after rising 0.76%. Sensex gained about 0.79% to close at 77,496.36.

How Other Indices Are Performing?

Not just the Sensex and Nifty, but most other indices were trading in the red during early trade on Thursday.

At around 9:16 AM, Bank Nifty was down by around 1.28% to trade at 54,702.95. The Fin Nifty was also down by around 0.92% to trade at 25,665.90.

Most sectoral indices were also trading in the red, with Nifty Auto falling as much as 1.31%.

Top Gainers And Losers

Approximately 873 shares opened in the green on Thursday, whereas 1,371 shares opened in the red. Around 137 shares were unchanged.

The top gainers on Nifty were Bajaj Finance, Coal India, Tata Capital, ONGC, and Dr Reddys Labs. The top losers were Adani Energy Solutions, Eternal, TVS Motors, and Interglobe Aviation.

Developments Shaping The Market

• US-Iran Uncertainty: The ongoing conflict between the US and Iran in the Middle East continues to impact the global markets. There is no clarity on how the situation may unfold as the US Navy’s blockade continues in the Strait of Hormuz.

• Weak Global Markets: Most global markets reacted cautiously to the ongoing geopolitical tensions. As of 8:54 AM, Gifty Nifty was down by 50 points (0.21%) to trade at 24,060.00. Japan’s NIKKEI was down by 1.02% to trade at 59,304.62. Dow futures were also trading lower by 0.41% at 48,660.80.

• Rupee Declines: The Indian National Rupee (INR) continued to slump. It opened lower by 0.2% to go past the 95 per US dollar mark for the first time since 30 March 2026.

• West Bengal Exit Polls: The West Bengal assembly elections ended on Wednesday. However, exit polls mostly gave no clear majority to any single party, leading to market volatility.

Also Read - Stocks To Watch On 30 April 2026: Vedanta, Adani Power, Bajaj Finance & More

Investor Takeaway

The ongoing geopolitical developments have led to significant market volatility, which could continue for the time being. However, analysts believe the underlying fundamentals are still strong, and markets could move up if the Middle East situation eases further.

Sources:

The Economic Times

Moneycontrol