Stock market closing: Nifty 50 ends at 23,997.55 down 0.74%, Sensex at 76,913.50 down 0.75%, Nifty metal falls 2.12%
The Indian stock market experienced a broad sell-off today, driven by a surge in crude oil prices above the $120 per barrel mark. The Nifty 50 closed at 23,997.55, down 0.74% from its opening level, while the Sensex ended at 76,913.50, marking a 0.75% decline. The volatility index, India VIX, also saw a significant increase, rising over 9% to 19.08, indicating heightened market uncertainty.
Index movements
The Nifty 50 opened at 23,996.95 and experienced fluctuations throughout the day, reaching a high of 24,087.45 and a low of 23,796.85 before closing at 23,997.55. The Sensex mirrored this trend, opening at 77,014.21, hitting a high of 77,254.33, and a low of 76,258.86, closing at 76,913.50. The Bank Nifty also faced pressure, closing at 54,863.35, down 0.98% from its opening of 54,880.65.
Sectoral performance
The sectoral indices mostly traded in the red, with the Nifty Metal index experiencing the steepest decline, closing at 12,833.05, down 2.12% from its opening. Other sectors such as Nifty PSU Bank and Nifty Realty also faced significant losses, down 1.68% and 1.50% respectively. On the other hand, the Nifty IT sector managed to buck the trend, closing slightly higher at 29,353.90, up 0.37% from its opening.
Market breadth
The broader market indices reflected the negative sentiment, with the Nifty 100 and Nifty 500 indices closing down 0.84% and 0.82% respectively. The Nifty Midcap 100 and Nifty Midcap 50 also ended lower, down 0.98% and 0.86% respectively, indicating widespread selling pressure across market capitalisations.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 23,996.95 | 24,087.45 | 23,796.85 | 23,997.55 | -0.74% |
| Sensex | 77,014.21 | 77,254.33 | 76,258.86 | 76,913.50 | -0.75% |
| India VIX | 0.00 | 19.48 | 0.00 | 18.46 | +5.85% |
| Nifty Metal | 13,056.00 | 13,056.10 | 12,805.85 | 12,833.05 | -2.12% |
| Nifty PSU Bank | 8,556.40 | 8,556.40 | 8,415.25 | 8,482.60 | -1.68% |
| Nifty Realty | 802.90 | 804.15 | 785.95 | 793.55 | -1.50% |
| Nifty FMCG | 51,723.45 | 51,829.10 | 50,680.10 | 51,072.10 | -1.35% |
| Bank Nifty | 54,880.65 | 55,111.60 | 54,440.25 | 54,863.35 | -0.98% |
| Nifty Midcap 100 | 60,148.90 | 60,156.45 | 59,323.00 | 59,784.85 | -0.98% |
| Nifty Midcap 50 | 16,959.55 | 16,962.35 | 16,741.90 | 16,882.50 | -0.86% |
| Nifty 100 | 24,927.20 | 24,984.80 | 24,688.15 | 24,896.00 | -0.84% |
| Nifty 500 | 22,736.80 | 22,759.00 | 22,498.00 | 22,683.55 | -0.82% |
| Nifty Auto | 25,855.45 | 26,034.00 | 25,441.55 | 25,917.60 | -0.64% |
| Nifty Media | 1,459.05 | 1,467.35 | 1,439.10 | 1,456.00 | -0.52% |
| Nifty Energy | 40,883.35 | 40,898.90 | 40,385.45 | 40,771.90 | -0.46% |
| Nifty IT | 29,287.30 | 29,543.10 | 29,012.70 | 29,353.90 | +0.37% |
| Nifty Pharma | 23,191.95 | 23,375.10 | 23,054.85 | 23,267.70 | +0.03% |
Market outlook
As the market closes on a bearish note, investors will be keenly watching the developments in the crude oil market, which has been a significant driver of today’s sell-off. The elevated volatility index suggests that market participants should brace for continued fluctuations in the coming sessions.
Data as on Apr 30, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.
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