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23rd Apr · SEBI-Registered Analyst

Closing Bell: Market Sell-Off Intensifies; Nifty Slips Below 24,200, Sensex Tumbles Over 850 Points Amid Rising Crude

The broader market witnessed mild pressure, with the Nifty Midcap index easing 0.4% and the Smallcap index declining 0.6%. Among Nifty constituents, key laggards included

TRENT
,
M&M
,
SHRIRAMFIN
,
SBILIFE
, and
TECHM
. On the gaining side, !Dr. Reddy’s Laboratories,
CIPLA
,
JIOFIN
,
ADANIENT
, and
APOLLOHOSP
posted notable advances. Sectorally, capital goods edged up 0.4%, while the healthcare index surged 1.6%. The energy index added 0.25%, and the media index rallied 0.9%. Conversely, auto, consumer durables, and PSU banks dropped around 2% each, whereas IT, realty, metals, and private banks declined approximately 1% each. Market Close: Indian benchmark indices extended losses for the second straight session on April 24, with the Nifty closing below the 24,200 mark. The Sensex plunged 852.49 points (1.09%) to settle at 77,664, while the Nifty declined 205.05 points (0.84%) to close at 24,173.05. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

#Post-ClosingCommentary#MacroViews#Miscellaneous
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