stock market today – Artifex.News https://artifex.news Stay Connected. Stay Informed. Wed, 03 Jun 2026 12:06:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png stock market today – Artifex.News https://artifex.news 32 32 Sensex drops over 300 points dragged by IT firms, spike in oil prices https://artifex.news/article71056824-ece/ Wed, 03 Jun 2026 12:06:00 +0000 https://artifex.news/article71056824-ece/ Read More “Sensex drops over 300 points dragged by IT firms, spike in oil prices” »

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Among 30 Sensex firms, Tata Consultancy Services tumbled 8.43%, followed by Tech Mahindra (6.23 %), HCL Tech (5.25%) and Infosys (3.82%). ITC, Eternal, Larsen & Toubro and Bajaj Finance were also among the laggards. File
| Photo Credit: The Hindu

Benchmark indices Sensex and Nifty closed lower on Wednesday (June 3, 2026) after a day’s breather, dragged by heavy selling in IT stocks, a fresh spike in crude oil prices and persistent foreign fund outflows.

The 30-share BSE Sensex dropped 303.67 points, or 0.41%, to settle at 74,346.17. During the day, it tanked 1,157.24 points, or 1.55%, to 73,492.60.

The 50-share NSE Nifty declined 77.95 points, or 0.33% to end at 23,405.60. Benchmark indices had snapped a four-day falling streak to close nearly half a percent higher in the previous session on Tuesday (June 2, 2026).

Among 30 Sensex firms, Tata Consultancy Services tumbled 8.43%, followed by Tech Mahindra (6.23 %), HCL Tech (5.25%) and Infosys (3.82%). ITC, Eternal, Larsen & Toubro and Bajaj Finance were also among the laggards.

InterGlobe Aviation, State Bank of India, ICICI Bank and Trent were among the gainers from the blue-chip pack. Brent crude, the global oil benchmark, jumped 3% to $98.92 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹8,362.92 crore on Tuesday (June 2, 2026), according to exchange data.

“Indian equities witnessed another highly volatile session today (June 3, 2026). Markets opened under pressure as geopolitical concerns, elevated crude oil prices, and a sharp sell-off in IT stocks weighed on sentiment,” Hariprasad K., Research Analyst and Founder, Livelong Wealth, said.

The key story of the day was the sharp correction in IT, he said. “After a strong three-day rally, the sector witnessed intense profit booking as investors reassessed global technology growth expectations,” Mr. Hariprasad added.

Meanwhile, the U.S. Trade Representative has proposed slapping 12.5% additional duties on 54 countries, including India, for failing to prohibit the import of goods produced with forced labour.

The action follows investigations launched against 60 countries over what the USTR described as their failure to impose and effectively enforce bans on imports made with forced labour.

“The failure of our most important trading partners to address the importation of goods made with forced labour is unacceptable. This creates a dynamic where American workers are forced to compete globally on an unlevel playing field,” U.S. Trade Representative Ambassador Jamieson Greer said in a statement.

In Asian markets, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index ended higher, while Hong Kong’s Hang Seng index settled lower. South Korean markets were closed due to a holiday.

Markets in Europe were trading mostly lower. U.S. markets ended in positive territory on Tuesday (June 2, 2026).

On Tuesday (June 2, 2026), the Sensex climbed 382.50 points, or 0.52%, to settle at 74,649.84. The Nifty rose by 100.95 points, or 0.43%, to end at 23,483.55.



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Stock markets rebound led by banks, positive global trends https://artifex.news/article71010383-ece/ Fri, 22 May 2026 11:05:00 +0000 https://artifex.news/article71010383-ece/ Read More “Stock markets rebound led by banks, positive global trends” »

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This file image is used for representational purposes only.
| Photo Credit: Reuters

Stock market benchmark indices ended higher on Friday (May 22, 2026), helped by buying in blue-chip bank shares and a rally in global peers.

Hopes of progress in the U.S.-Iran peace negotiations also added to markets’ optimism.

The 30-share BSE Sensex climbed 231.99 points, or 0.31%, to settle at 75,415.35. During the day, it surged 627.61 points, or 0.83%, to 75,810.97.

The 50-share NSE Nifty edged higher by 64.60 points or 0.27% to end at 23,719.30.

From the 30-Sensex firms, Trent, Axis Bank, ICICI Bank, Asian Paints, Hindustan Unilever, HDFC Bank, Kotak Mahindra Bank and Bajaj Finance were among the major winners.

Sun Pharma, ITC, Power Grid and Bharat Electronics were among the laggards.

“Domestic markets traded with a mild positive bias, supported by buying at lower levels and moderately constructive global cues expecting easing tensions in the Middle East. Globally, the AI investment theme remained the primary driver, while domestically financial stocks led the gains,” said Vinod Nair, Head of Research, Geojit Investments.

Brent crude, the global oil benchmark, climbed 2.3% to $104.7 per barrel.

In Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index ended higher.

Markets in Europe were trading in positive territory.

U.S. markets ended higher on Thursday (May 21, 2026).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,891.21 crore in the previous session, according to exchange data.

On Thursday (May 21, 2026), the 30-share BSE benchmark declined 135.03 points, or 0.18%, to settle at 75,183.36. The Nifty skidded 4.30 points, or 0.02%, to end at 23,654.70.



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Stock markets end marginally higher on buying in IT counters https://artifex.news/article70993818-ece/ Mon, 18 May 2026 11:47:00 +0000 https://artifex.news/article70993818-ece/ Read More “Stock markets end marginally higher on buying in IT counters” »

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Benchmark indices Sensex and Nifty ended marginally higher on Monday (May 18, 2026) after facing sharp losses in intraday trade, supported by value buying in IT and select blue-chip counters.

However, a weak rupee against the U.S. dollar and rising global crude prices amid escalated tensions in West Asia capped the gains, traders said.

In an extremely volatile trade, the 30-share BSE Sensex increased by 77.05 points, or 0.10%, to settle at 75,315.04. During the day, it tanked 1,134.78 points, or 1.50%, to 74,180.26.

The 50-share NSE Nifty edged higher by 6.45 points, or 0.03%, to end at 23,649.95.

From the Sensex firms, Tech Mahindra, Infosys, Bharti Airtel, Bajaj Finserv, Sun Pharma, HCL Tech, Bajaj Finance and Tata Consultancy Services were among the major winners.

In contrast, Tata Steel, Power Grid, State Bank of India and NTPC were major laggards.

“The prolonged stalemate between the U.S. and Iran continues to cast a shadow over near-term sentiment, yet the equity market managed to recover intraday losses and closed on a flat note, supported by value buying in IT and banking stocks. The ongoing earnings season has provided a constructive narrative, but caution persists as higher bond yields, elevated crude oil prices, and a weakening rupee reinforce inflationary concerns,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Brent crude, the global oil benchmark, traded 0.73% higher at $110.10 per barrel.

“Indian equity markets staged a strong intraday recovery today after witnessing weakness during the opening phase as investors shifted from panic-driven selling towards selective value buying and aggressive short covering,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

“One of the biggest outperformers in today’s session was the IT sector, with the Nifty IT index surging more than 2%. The sector is increasingly emerging as a defensive allocation during periods of global uncertainty,” he added.

In Asian markets, Japan’s benchmark Nikkei, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended lower, while South Korea’s benchmark Kospi settled in positive territory.

Markets in Europe were trading on a mixed note.

U.S. markets ended over 1% lower on Friday (May 15, 2026).

Foreign Institutional Investors (FIIs) bought equities worth ₹1,329.17 crore on Friday (May 15, 2026), according to exchange data.

In the previous session on Friday (May 15, 2026), the Sensex dropped 160.73 points, or 0.21%, to settle at 75,237.99. The Nifty settled lower by 46.10 points, or 0.19%, at 23,643.50, snapping its two-day gaining streak.

Published – May 18, 2026 05:17 pm IST



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Stock markets pare early gains; trade lower https://artifex.news/article70972620-ece/ Wed, 13 May 2026 05:07:00 +0000 https://artifex.news/article70972620-ece/ Read More “Stock markets pare early gains; trade lower” »

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Asian Paints, Adani Ports, Tata Steel and Kotak Mahindra Bank were among the winners. File
| Photo Credit: The Hindu

Benchmark equity indices slipped in the negative territory after rising marginally during early trade on Wednesday (May 13, 2026) amid elevated crude oil prices and persistent geopolitical uncertainty.

Foreign fund exodus also hit investor sentiment.

The 30-share BSE Sensex climbed 75.64 points to 74,614.51 in early trade. The 50-share NSE Nifty went up by 17.10 points to 23,391.10.

However, both the benchmark indices failed to carry forward the momentum. The BSE benchmark traded 182.60 points lower at 74,362.19, and the Nifty quoted 41.05 points down at 23,352.25.

From the 30-Sensex firms, Power Grid, NTPC, Bajaj Finance, State Bank of India, Titan and Axis Bank were among the biggest laggards.

Asian Paints, Adani Ports, Tata Steel and Kotak Mahindra Bank were among the winners.

Brent crude, the global oil benchmark, traded at around $106.6 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,959.39 crore on Tuesday (May 12, 2026), according to exchange data.

India’s retail inflation rose slightly to 3.48% in April, mainly due to higher prices of gold and silver jewellery as well as some kitchen items, according to government data released on Tuesday (May 12, 2026).

“The S&P 500 slipped amid weakness in technology stocks and rising oil prices after the U.S. inflation print for April came in hotter than expected,” Hariprasad K., Research Analyst and Founder, Livelong Wealth, said.

Markets are increasingly concerned that rising crude oil prices and persistent geopolitical uncertainty could further intensify inflationary pressure globally, he added.

In Asian markets, South Korea’s benchmark Kospi, Japan’s benchmark Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index quoted in positive territory.

U.S. markets ended mostly lower on Tuesday (May 12, 2026).

“Iran’s latest remarks stating that the U.S. must either accept its peace proposal or face ‘failure’ have further reduced hopes of an immediate diplomatic resolution. The prolonged U.S.–Iran standoff remains a major overhang for global financial markets, keeping uncertainty elevated around the Strait of Hormuz and broader global energy supplies,” Ponmudi R., CEO of Enrich Money, an online trading and wealth-tech firm, said.

On Tuesday (May 12, 2026), the Sensex tanked 1,456.04 points, or 1.92%, to settle at 74,559.24. The Nifty dropped 436.30 points, or 1.83%, to end at 23,379.55.



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Investors continue selling as PM Modi signals crisis readiness https://artifex.news/article70969638-ece/ Tue, 12 May 2026 11:58:00 +0000 https://artifex.news/article70969638-ece/ Read More “Investors continue selling as PM Modi signals crisis readiness” »

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Foreign Institutional Investor interest in Indian equities, measured by the net outflows, has been hitting new lows, crossing over ₹2 lakh crore as of May 12, 2026. File
| Photo Credit: Reuters

India’s equity investors sold stocks for the fourth consecutive trading day, pulling Nifty 50 and Sensex down by over 1.8% closing at 23,379.55 and 74,559.24 points on May 12, 2026.

Investors have been responding to the constant depreciation of the currency, which closed at a new low of ₹95.6 a dollar.

Further, Prime Minister Narendra Modi’s appeal to rescue foreign exchange-guzzling purchases may have triggered the sale further. Brent Crude futures, the measure for global oil prices, increased 3.7% to $107.4 on Tuesday (May 12, 2026).

The market rout was broad-based, with 2750 stocks declining on the Nifty 50 and just 590 advancing. Further, all 21 sector-based indices declined with many of them crashing by more than 2%.

Foreign Institutional Investor interest in Indian equities, measured by the net outflows, has been hitting new lows, crossing over ₹2 lakh crore as of May 12, 2026.

“Unless there is any meaningful progress in negotiations or signs of de-escalation in the West Asia conflict, volatility and weakness in domestic equities are likely to persist,” said Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.



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Stock markets rebound in early trade as oil prices decline amid progress in U.S.-Iran negotiations https://artifex.news/article70945703-ece/ Wed, 06 May 2026 06:28:00 +0000 https://artifex.news/article70945703-ece/ Read More “Stock markets rebound in early trade as oil prices decline amid progress in U.S.-Iran negotiations” »

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Stock market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (May 6, 2026) following a drop in crude oil prices after U.S. President Donald Trump claimed progress in negotiations with Iran toward an agreement to end the war.

A positive trend in global markets also aided the rally in domestic stocks.

The 30-share BSE Sensex jumped 657.22 points to 77,675.01 in early trade. The 50-share NSE Nifty rallied 218 points to 24,250.85.

From the 30-Sensex firms, InterGlobe Aviation, Mahindra & Mahindra, Trent, Bajaj Finance, Bajaj Finserv and Tech Mahindra were among the major winners.

Larsen & Toubro, Hindustan Unilever, NTPC and Power Grid were the laggards.

U.S. President Donald Trump has suspended “Project Freedom,” to escort ships through the Strait of Hormuz, claiming progress in negotiations with Iran toward an agreement to end the war.

In a post on Truth Social on Tuesday (May 6, 2026), Mr. Trump said, “Great progress has been made toward a complete and final agreement with representatives of Iran.”

“Based on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran, we have mutually agreed that, while the Blockade will remain in full force and effect, Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed,” Mr. Trump said.

Project Freedom was launched on Monday (May 4, 2026) to escort ships, stranded due to the closure of the Strait of Hormuz, out to safety.

Mr. Trump’s statement on Truth Social came hours after U.S. Secretary of State Marco Rubio announced that Operation Epic Fury, launched on February 28, had concluded as its objectives have been achieved.

“Operation Epic Fury is concluded. We achieved the objectives of that operation. We’re not cheering for an additional situation to occur. We would prefer the path of peace. What @POTUS would prefer is a deal… that is, so far, not the route that Iran has chosen,” Mr. Rubio told a press conference at the White House on Tuesday (May 5, 2026).

Brent crude, the global oil benchmark, traded 1.67% lower at $108 per barrel.

“The primary global trigger remains the situation around the Strait of Hormuz. Recent comments from Donald Trump indicating that ‘Project Freedom’ will be paused temporarily — effectively halting plans to escort vessels through the strait amid ongoing negotiations with Iran—offer some near-term respite. However, the broader blockade dynamics remain unresolved, keeping energy markets on edge,” Ponmudi R., CEO of Enrich Money, an online trading and wealth-tech firm, said.

In Asian markets, South Korea’s benchmark Kospi and Hong Kong’s Hang Seng index quoted higher.

U.S. markets ended in positive territory on Tuesday (May 5, 2026).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,621.58 crore on Tuesday (May 5, 2026), according to exchange data.

On Tuesday (May 5, 2026), the Sensex dropped 251.61 points or 0.33% to settle at 77,017.79. The Nifty edged lower by 86.50 points or 0.36% to end at 24,032.80.

Published – May 06, 2026 10:47 am IST



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Stock markets decline amid surging oil prices, foreign fund outflows https://artifex.news/article70916231-ece/ Tue, 28 Apr 2026 11:37:00 +0000 https://artifex.news/article70916231-ece/ Read More “Stock markets decline amid surging oil prices, foreign fund outflows” »

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Image used for representational purposes. File
| Photo Credit: ANI

Stock market benchmark indices Sensex and Nifty buckled under selling pressure on Tuesday (April 28, 2026) as a sharp rally in oil prices and foreign fund outflows dented investors’ sentiment.

The 30-share BSE Sensex declined 416.72 points, or 0.54%, to settle at 76,886.91. During the day, it lost 562.57 points, or 0.72%, to 76,741.06.

The 50-share gauge NSE Nifty dropped 97 points, or 0.40%, to end at 23,995.70.

From the 30-Sensex firms, Axis Bank, HCL Tech, InterGlobe Aviation, Maruti, State Bank of India and ICICI Bank were among the biggest laggards.

In contrast, Reliance Industries, Bharti Airtel, Tech Mahindra and Sun Pharma were among the gainers.

Brent crude, the global oil benchmark, jumped 2.97% to $111.4 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,151.48 crore on Monday (April 27, 2026), according to exchange data.

“Indian equity markets traded under pressure, ending in the red as unresolved tensions in the Middle East and persistent disruptions to energy supply, particularly the continued closure of the Strait of Hormuz, weighed on investor sentiment,” Ponmudi R., CEO of Enrich Money, an online trading and wealth tech firm, said.

The sharp rise in crude oil prices above $110, continued disruption in the Strait of Hormuz, rupee depreciation beyond 94.5 and sustained FII outflows underscore mounting macroeconomic pressures on Indian markets, he added.

In Asian markets, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index, and Hong Kong’s Hang Seng index ended lower, while South Korea’s benchmark Kospi settled higher.

Markets in Europe were trading in positive territory.

U.S. markets ended flat on Monday (April 27, 2026).

On Monday (April 27, 2026), the Sensex jumped 639.42 points or 0.83% to settle at 77,303.63. The Nifty climbed 194.75 points or 0.81% to close at 24,092.70.



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Stock markets bounce back after three-day decline; Sensex jumps 639 points https://artifex.news/article70912204-ece/ Mon, 27 Apr 2026 12:45:00 +0000 https://artifex.news/article70912204-ece/ Read More “Stock markets bounce back after three-day decline; Sensex jumps 639 points” »

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Benchmark stock indices Sensex and Nifty rebounded nearly 1% on Monday (April 27, 2025), snapping the three-day falling streak following a rally in Reliance Industries and Sun Pharma and positive global trends.

The 30-share BSE Sensex jumped 639.42 points or 0.83% to settle at 77,303.63. During the day, it surged 755.83 points or 0.98% to 77,420.04.

The 50-share NSE Nifty climbed 194.75 points or 0.81% to close at 24,092.70.

Among the 30-Sensex firms, Sun Pharma jumped 7% after it announced the acquisition of U.S.-based Organon & Co. in an all-cash deal at an enterprise valuation of $11.75 billion, one of the largest overseas buyouts by Indian firms.

Reliance Industries jumped 2.88%. Adani Ports, Tech Mahindra, Mahindra & Mahindra, NTPC, HCL Tech and Tata Consultancy Services were also among the major gainers.

Axis Bank, Bharat Electronics, Trent and ICICI Bank were among the laggards from the blue-chip pack.

“The upmove was primarily driven by a rebound in beaten-down heavyweights across sectors, particularly Reliance, along with positive developments such as a sharp rally in pharma majors following global acquisition news. Additionally, optimism around potential progress in U.S.-Iran negotiations supported global sentiment, even as crude oil prices remained elevated,” Ajit Mishra – SVP, Research, Religare Broking Ltd., said.

The BSE SmallCap Select index jumped 2% and MidCap Select index climbed 1.35%.

All sectoral indices ended higher. Utilities surged the most by 2.50%, followed by Healthcare (2.43%), Focused IT (2.41%), Realty (2.35%), IT (2.20%), Power (2.05%) and Services (1.92%).

A total of 3,075 stocks advanced, while 1,288 declined and 193 remained unchanged on the BSE.

Among Asian markets, South Korea’s benchmark Kospi, Japan’s Nikkei 225 index, and Shanghai’s SSE Composite index ended higher, while Hong Kong’s Hang Seng index ended lower.

Markets in Europe were trading in positive territory. U.S. markets ended mostly higher on Friday.

“A key catalyst behind today’s strength was improving global sentiment, particularly reports of a potential de-escalation between the U.S. and Iran around the Strait of Hormuz. This development eased supply disruptions and supported global risk appetite, helping domestic markets stabilise and rise,” K. Hariprasad, research analyst and founder, Livelong Wealth, said.

Sectoral participation played an important role in sustaining the rally, he noted.

“The pharmaceutical space saw strong traction, led by a sharp surge in Sun Pharmaceutical Industries following its announcement of a large acquisition deal involving Organon. The IT sector also witnessed a notable rebound after recent underperformance,” Mr. Hariprasad added.

Brent crude, the global oil benchmark, traded 2.53% higher at $107.9 per barrel.

“Indian equities began the week on a positive note, supported by improved sentiment amid renewed expectations of near-term de-escalation in the Middle East. Gains were widespread, with all major sectoral indices ending in positive territory. Overall, markets demonstrated resilience but remain highly sensitive to geopolitical developments,” R. Ponmudi, CEO of Enrich Money, an online trading and wealth tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹8,827.87 crore on Friday (April 24), according to exchange data.

On Friday (April 24), the Sensex dropped 999.79 points or 1.29% to settle at 76,664.21. The Nifty slumped 275.10 points or 1.14% to end at 23,897.95.

Published – April 27, 2026 06:15 pm IST



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Markets slump for 3rd day on surging oil prices, massive selling in IT stocks; Sensex drops 1k points https://artifex.news/article70901505-ece/ Fri, 24 Apr 2026 11:55:00 +0000 https://artifex.news/article70901505-ece/ Read More “Markets slump for 3rd day on surging oil prices, massive selling in IT stocks; Sensex drops 1k points” »

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From the Sensex constituents, Infosys dived 7.09% after its revenue growth forecast for FY27 came in lower than market expectations.
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty tumbled over 1% on Friday (April 24, 2026), falling for the third consecutive day, as a sharp rally in crude prices and massive selling in IT counters weighed heavily on investors’ sentiment.

Unabated foreign fund outflows, a negative trend in global markets amid prolonged conflict and continued disruption in the Strait of Hormuz added to the gloom.

The 30-share BSE Sensex dropped 999.79 points, or 1.29%, to settle at 76,664.21. During the day, it plunged 1,260.13 points or 1.62% to 76,403.87.

The wider gauge NSE Nifty slumped 275.10 points, or 1.14%, to end at 23,897.95.

“Indian equity markets extended their decline for a third consecutive session, as renewed risk-off sentiment weighed on investor confidence. Ongoing tensions in West Asia, coupled with persistent weakness in the IT sector, continued to pressure an already fragile market backdrop.

“Volatility also increased, with the India VIX rising 6%, reflecting heightened fear and uncertainty amid the prolonged conflict and continued disruption in the Strait of Hormuz, with no meaningful signs of de-escalation,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

From the Sensex constituents, Infosys dived 7.09% after its revenue growth forecast for FY27 came in lower than market expectations.

HCL Tech, Tata Consultancy Services, Tech Mahindra, Sun Pharma, Asian Paints and ICICI Bank were also among the major laggards.

Trent, Bajaj Finance, State Bank of India, HDFC Bank and Kotak Mahindra Bank were the winners.

Brent crude, the global oil benchmark, traded 2.17% higher at $107.3 per barrel.

Foreign institutional investors (FIIs) offloaded equities worth ₹3,254.71 crore on Thursday (April 23), according to exchange data.

In Asian markets, South Korea’s benchmark Kospi and Shanghai’s SSE Composite index ended lower, while Japan’s Nikkei 225 and Hong Kong’s Hang Seng settled higher.

Markets in Europe were trading lower in afternoon trade.

U.S. markets ended lower on Thursday (April 23).

“The Indian equity market extended its profit-booking streak, pressured by heightening geopolitical tensions in West Asia, a sharp rally in crude oil prices, and a weakening rupee. IT stocks led the decline following disappointing quarterly earnings, while selling pressure was broad-based across sectors. FIIs returned to net selling again after a brief spell of inflows,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

On Thursday (April 23), the Sensex tumbled 852.49 points or 1.09% to settle at 77,664. The Nifty dropped 205.05 points or 0.84% to end at 24,173.05.



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Stock markets tumble on surging oil prices, foreign fund outflows https://artifex.news/article70900384-ece/ Fri, 24 Apr 2026 06:39:00 +0000 https://artifex.news/article70900384-ece/ Read More “Stock markets tumble on surging oil prices, foreign fund outflows” »

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A view of the Bombay Stock Exchange in Mumbai. File
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty tumbled in early trade on Friday (April 24, 2026) as surging oil prices and unabated foreign fund outflows unnerved investors.

Weakness in IT stocks and a negative trend in global markets also weighed on investor sentiment.

The 30-share BSE Sensex dropped 330 points to 77,334 in early trade. The 50-share NSE Nifty declined 93.3 points to 24,079.75.

Later, the BSE benchmark quoted 772.35 points lower at 76,876.79, and the Nifty tanked 205.45 points to 23,967.60.

From the 30-Sensex firms, HCL Tech, Infosys, Tata Consultancy Services, Sun Pharma, Tech Mahindra and Bharti Airtel were among the major laggards.

UltraTech Cement, Mahindra & Mahindra, State Bank of India and Hindustan Unilever were among the winners.

Brent crude, the global oil benchmark, traded 0.89% higher at $106 per barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,254.71 crore on Thursday (April 23, 2026), according to exchange data.

“The broader sentiment remains fragile, shaped largely by persistent geopolitical uncertainty. Developments in West Asia continue to influence market psychology. Although the ceasefire between Israel and Lebanon has been extended by three weeks following diplomatic engagement led by Donald Trump, the extension is being viewed as a temporary relief rather than a structural resolution,” Hariprasad K, Research Analyst and Founder, Livelong Wealth, said.

The underlying tensions, particularly around Iran, continue to keep risk appetite in check, he added.

In Asian markets, South Korea’s benchmark Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were trading lower, while Japan’s Nikkei 225 index quoted higher.

U.S. markets ended lower on Thursday (April 23, 2026).

“Crude oil prices remain elevated above the $100 per barrel mark, driven by supply disruptions and rising tensions around the Strait of Hormuz, adding to macroeconomic concerns,” Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

On Thursday (April 23, 2026), the Sensex tumbled 852.49 points or 1.09% to settle at 77,664. The Nifty dropped 205.05 points or 0.84% to end at 24,173.05.



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