Sensex & Nifty Live Updates April 24: After Strong Rally, Indian Markets End Lower

Following a strong seven-day rally that saw the Sensex briefly surpass the 80,000 mark, Indian markets experienced a decline today. Both the Sensex and Nifty closed lower, reflecting a pause in the upward momentum. This pullback comes amid mixed signals from global markets, with some international indices showing weakness, while others remain resilient. 

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Stock Market Highlights, April 24:

• Indian benchmarks ended lower: Sensex fell by 0.39% and Nifty by 0.34%, reflecting weak investor sentiment across sectors.
• Global markets mostly in red: European and US futures showed declines, while Asia saw mixed cues with Nikkei in green but Hang Seng and Shanghai flat to negative.
• Precious metals dipped: Gold and silver prices in India saw a slight drop, with 24K gold at ₹9,824/g and silver at ₹100.90/g.
   

Indian Market Closing Cues

Sensex Closing Today: 79,801.43 (-0.39%)
Nifty Closing Today: 24,246.70 (-0.34%)
 

Asian Markets Performance

Nikkei: 35,039.15 (0.49%)
Hang Seng: 21,909.76 (-0.74%) 
Shanghai Composite: 3,686.66 (0.029%) 
 

European Market Mid-Session Update

FTSE 100: 8,388.77 (-0.17%)
DAX: 21,861.25 (-0.46%)
CAC 40: 7,442.76 (-0.53%)
STOXX 50: 11,471.80 (-0.33%)
 

US Market Live Today

Dow Jones Futures Today: 39,556.00 (-0.55%)
NASDAQ Futures Today: 18,693.00 (-0.59%)
S&P 500 Futures Today: 5,377.75 (-0.44%)
*As of 15:27 IST

Gold Price Today

Gold prices in India are slightly down. Currently, 24K gold is priced at ₹9,824 per gram and 22K gold is at ₹9,005 per gram.

Silver Price Today

Silver prices today are marginally down at ₹100.90 per gram.

Sensex & Nifty: Afternoon Update

Nifty 50: 24,267.40 (-0.25%)
BSE Sensex: 79,879.68 (-0.30%)
*As of 12:11 IST

Key Factors Impacting INR Today:

• Weak Dollar Index (DXY down 0.34%) – The dip in the dollar index is supporting emerging market currencies like the INR, limiting downside pressure.
• Euro and Yen Strength – The EUR/INR and JPY/INR are both trading higher, possibly indicating strength in major global currencies.
• Muted USD/INR Movement – Despite global cues, USD/INR remains largely flat at 85.5178, suggesting balanced domestic demand and supply dynamics in the forex market.
   

Currency Market Overview:

USD/INR: 85.5178 (0.021%)
Dollar Index (DXY): 99.57 (-0.34%)
EUR/INR: 97.0290 (0.35%)
GBP/INR: 113.4845 (0.023%)
JPY/INR: 0.5989 (0.50%)
*As on 12:12 IST

Stock Market Outlook Today:

• Potential Flat Start - Gift Nifty hints at a potential muted open. Max Pain levels (Nifty: 24100, Bank Nifty: 54900) and PCR above 1 indicate mild bullish sentiment with consolidation likely.
• Global Rally May Lend Support - Strong gains in US markets (Nasdaq +2.5%, Dow +1.07%) may boost sentiment, though mixed Asian cues may cap upside.
• FII Selling Balanced by DII Buying - FIIs sold ₹1234.5 cr, but DIIs bought ₹3332.9 cr, helping steady the market amid stable crude and bond yields.
   

Indian Market Cues:

Gift Nifty: 24286.5 (0.1%)
Nifty PCR: 1.0599
Nifty Max Pain: 24100
Bank Nifty PCR: 1.0634
Bank Nifty Max Pain: 54900
Nifty Previous Closing: 24,328.95 (0.67%)

Global Market Cues (US Indices):

Dow Jones: 39,606.57 (1.07%)
Nasdaq: 16,708.05 (2.50%)

Asian Markets: 

Nikkei: 35,172.26 (0.87%)
Hang Seng: 21,798.16 (-1.24%)
Shanghai Composite: 3,681.85 (-0.10%)

Crude Oil Prices

62.34 (0.11%)

Bond Yields

US 10-Year Treasury Yield: 4.36% (-0.027%)

FII/DII Activity

Foreign Institutional Investors (FIIs) Net Buy/Sell: -1234.5
Domestic Institutional Investors (DIIs) Net Buy/Sell: 3332.9
*As of 09:23 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.