Indian stock markets snapped their three-day winning streak on 22 April 2026, with the Sensex closing 756.84 points lower at 78,516.49 and the Nifty falling 198.5 points to 24,378.10. The biggest reason behind the decline was heavy selling in IT stocks, led by weakness in large-cap tech names.
The broader mood remained cautious due to crude oil prices moving close to $100 per barrel, continued FII selling, and a weaker rupee, which closed lower at 93.79 against the dollar. These macro concerns added pressure across sectors and triggered profit booking after the recent rally.
Analysts highlighted that the 24,350–24,400 zone remains an important short-term support area for the Nifty. A sustained break below this level could open the door for further downside, while any easing in crude and geopolitical tensions may support a bounce.
Do you think this fall was just profit booking, or is a bigger correction starting in the market?
22 April 2026 ko Indian stock market ne apni 3 din ki rally ko break kar diya, jahan Sensex 756.84 points girkar 78,516.49 par band hua aur Nifty 198.5 points tootkar 24,378.10 par close hua. Is girawat ka sabse bada reason रहा IT stocks mein heavy selling.
Market sentiment par pressure isliye bhi raha kyunki crude oil prices $100 ke kareeb pahunch gayi thi, saath hi FII selling aur weak rupee ne bhi sentiment ko weak kiya. Rupee bhi 93.79 per dollar par close hua.
Experts ke hisaab se 24,350–24,400 Nifty ke liye important short-term support zone hai. Agar ye level break hota hai, to aur correction dekhne ko mil sakta hai.
Aapko kya lagta hai — ye sirf profit booking thi ya market mein bigger correction start ho gaya hai?