Indian stock markets witnessed a sharp sell-off on 24 April 2026, with the Sensex falling 982.71 points to 76,681.29 and the Nifty closing 275.10 points lower at 23,897.95. This marks the third straight session of decline, as investors reacted to rising crude prices and heavy selling in IT stocks.
The biggest pressure came from the IT sector, where stocks like Infosys, HCL Tech, TCS, and Tech Mahindra led the fall after weak FY27 guidance and cautious brokerage commentary. The Nifty IT index plunged over 5%, making it the worst-performing sector of the day.
Another major reason behind the crash was Brent crude hovering around $107 per barrel, driven by escalating Iran–US tensions and concerns around the Strait of Hormuz. Along with this, continued FII selling and rupee weakness further dented market sentiment.
Despite the broader weakness, selective strength was seen in Coal India, Hindalco, Nestlé, SBI, and Trent, which managed to close in the green.
Do you think this sharp fall below 24,000 is a buying opportunity, or can Nifty slip further towards 23,500?
24 April 2026 ko Indian stock market mein heavy selling dekhne ko mili, jahan Sensex 982.71 points tootkar 76,681.29 par close hua aur Nifty 275.10 points girkar 23,897.95 par band hua. Ye market ka lagataar teesra red session raha.
Sabse bada pressure IT stocks se aaya, jahan Infosys, HCL Tech, TCS aur Tech Mahindra mein heavy selling hui. Weak guidance aur cautious brokerage views ke baad Nifty IT index 5% se zyada gir gaya.
Dusri taraf Brent crude $107 ke aas-paas trade kar raha hai, jo Iran–US tensions aur Strait of Hormuz concerns ki wajah se spike hua. Saath hi FII selling aur weak rupee ne market sentiment ko aur weak kar diya.
Halaanki weakness ke beech Coal India, Hindalco, Nestlé, SBI aur Trent jaise kuch stocks green mein band hue, jahan selective buying dekhne ko mili.
Aapko kya lagta hai — kya Nifty ka 24,000 ke niche aana dip buying ka chance hai ya 23,500 tak aur girawat aa sakti hai?