The Sensex ended lower, falling 982.71 points, to close at a weaker level.
Gaurav Garg,
Research Analyst,
Lemonn Markets Desk
Mumbai, April 24, 2026: “The Indian stock market closed on a cautious note today, with the Nifty 50 settling at 23,905.65, lower by 275.10 points or -1.14%. The session was characterized by the descending channel pattern, as the index opened at 24,109.55, reached a high of 24,203.35, and touched a low of 23,815.35. The Sensex also ended lower, falling 982.71 points, to close at a weaker level.
Sectoral performance remained broadly weak with a cautious undertone across indices. IT emerged as the worst-performing sector, followed by Media, Pharma and IT Services, indicating heavy selling pressure in technology and communication counters. Realty, Healthcare, Consumer Durables and PSU Bank also ended sharply lower. Auto, FMCG, Financial Services, Private Bank and Oil & Gas witnessed moderate declines, while Metal showed relative resilience with only marginal losses. Overall, market sentiment stayed cautious with selling pressure concentrated in IT, pharma and broader cyclical sectors.
Indian markets extended their weakness for a third consecutive session, closing on a cautious and lower note as subdued global cues, weak earnings sentiment from IT majors, rising crude oil prices, inflation concerns, and currency pressure weighed on overall sentiment, keeping investors largely on the sidelines despite selective stock-specific buying interest.”
