Share Market Update: Sensex fell 600 points, Nifty also down 150 points, maximum selling in IT shares…
Business Desk – Share Market Update: On April 24, Sensex is trading at 77,000, which is down 600 points (0.80%). Nifty has also fallen by 150 points (0.60%) to the level of 24,000. In today’s trading session, maximum buying is being seen in the realty sector, while maximum selling pressure is being seen in IT stocks.
Market decline amid increasing US-Iran tension
Although US President Donald Trump has extended the ceasefire deadline of April 22, the tension has not subsided yet. The US Navy continues to blockade Iranian ports, while Iran has seized two ships in the Strait of Hormuz.
The previous round of talks between the two countries failed to reach any agreement, which had raised hopes that the second round of talks would be held in Pakistan. However, now investors do not expect any such talks. Vice President JD Vance’s visit to Islamabad has also been postponed.
Mixed business for Asian markets
Today a mixed trend of trading was seen in Asian stock markets. South Korea’s KOSPI index fell 20 points to 6,455—a decline of 0.31%. In contrast, Japan’s Nikkei index rose 203 points to 59,343, a gain of 0.34%. On the other hand, Hong Kong’s Hang Seng index fell 118 points to 25,797, registering a decline of 0.42%. Overall, investors’ stance in Asian markets remains cautious.
US markets fell on April 23
On April 23, selling pressure was seen in the US stock markets. The Dow Jones Industrial Average fell 180 points to close at 49,310, a decline of 0.36%. Meanwhile, due to pressure on tech stocks, Nasdaq fell 219 points to 24,439, registering a decline of 0.89%.
Apart from this, the S&P 500 index also fell by 30 points and closed at 7,108, which shows a weakness of 0.41%. This clearly shows that at present there is an atmosphere of uncertainty in the markets around the world.
Foreign investors sold shares worth Rs 3,200 crore
Selling by foreign investors (FIIs/FPIs) continues in the domestic market. On April 23, 2026, foreign investors bought shares worth Rs 12,829.12 crore, while sold shares worth Rs 16,083.83 crore. As a result, his net investment stood at Rs 3,254.71 crore. He made a net sale of about Rs 3,200 crore. In contrast, domestic institutional investors (DIIs) bought Rs 18,498.19 crore and sold Rs 17,556.84 crore, resulting in a positive net investment of Rs 941.35 crore.
Foreign investors sold shares worth Rs 47,000 crore this month
If we look at the figures for the entire month, we find that the selling activity of foreign investors is even more worrying. So far this month, FIIs/FPIs have bought shares worth a total of Rs 2,16,734.30 crore, while sold shares worth Rs 2,64,270.39 crore. The result was that the net investment figure stood at Rs 47,536.09 crore, which is an indication of huge net selling of about Rs 47,000 crore.
In contrast, during the same period, DIIs bought Rs 2,82,703.56 crore and sold Rs 2,47,925.60 crore, resulting in a positive net investment of Rs 34,777.96 crore. This shows that domestic investors are trying to support the market, while foreign investors are staying away from it.
Crude oil is trading above $100
Brent crude oil prices have crossed the level of $100 per barrel. The main reasons for this rise are the strong demand for oil in the market and the increasing concerns regarding the ‘Strait of Hormuz’. The Strait of Hormuz is considered the most important route for oil supply across the world.
A day earlier, the Sensex fell 852 points and closed at 77,664.
On 23 April, the Sensex fell 852 points (1.09%) to close at 77,664. Nifty also saw a decline of 205 points (0.84%), and settled at 24,173. During yesterday’s trading session, buying was seen in pharma and media stocks, while the auto sector faced maximum selling pressure.
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