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HomeMarket NewsSensex Today | Stock Market Highlights: Nifty slips below 24,000; banks drag markets lower
By CNBCTV18.COM | Apr 28, 2026 3:47 PM IST (Updated)
Sensex Today | Stock Market Highlights: The indices ended largely in the red on Tuesday, with the Nifty slipping below the 24,000 mark amid weakness in banking stocks. The Sensex fell 417 points to close at 76,887, while the Nifty declined 97 points to settle at 23,996. The Nifty Bank index dropped 864 points to 55,400 as all constituents, barring Kotak Mahindra Bank, ended lower. PSU banks were among the worst hit, with the sectoral index falling 2% after the RBI finalised ECL norms.
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Sensex Today | Stock Market Highlights: The indices ended largely in the red on Tuesday, with the Nifty slipping below the 24,000 mark amid weakness in banking stocks. The Sensex fell 417 points to close at 76,887, while the Nifty declined 97 points to settle at 23,996.
The Nifty Bank index dropped 864 points to 55,400 as all constituents, barring Kotak Mahindra Bank, ended lower. PSU banks were among the worst hit, with the sectoral index falling 2% after the RBI finalised ECL norms.
In contrast, the broader market showed resilience, with the midcap index rising 171 points to 60,419, outperforming the benchmarks. Tata Chemicals, Oil India and Indus Towers were among the top gainers.
Upstream oil companies advanced as Brent crude hovered near $111 per barrel, while downstream oil firms declined. Among stocks, Maruti Suzuki fell nearly 3%, and Dalmia Bharat dropped over 3%.
On the Nifty, Eternal, InterGlobe Aviation, HCLTech and Axis Bank were among the top losers, though Eternal recovered over 5% from intraday lows after its Q4 results. Cohance Life surged 13%, extending gains from the previous session, while Reliance Industries added to recent gains, rising over 5% in the last two sessions.
Market breadth remained slightly negative, with the advance-decline ratio at 2:3 on the NSE.
