The closing bell on Friday brought no relief for Indian investors. The BSE Sensex ended April 24 down 982.71 points, or 1.27 per cent, to close at 76,681.29, while the NSE Nifty 50 shed 275.20 points, or 1.13 per cent, to end at 23,897.95, firmly below the psychologically critical 24,000 mark.
It was the third straight session of losses, snapping a two-week winning streak and marking one of the more painful weekly closes of 2026 so far.
The intraday damage was steeper. By the afternoon session, the Sensex had at one point shed over 1,170 points, with the Nifty slipping close to 23,840 before a modest late recovery trimmed the worst of the losses into the close. Market breadth remained deeply negative throughout the session.
Infosys remained at the eye of the storm. The stock ended Friday at ₹1,154.60 on the NSE, down close to 7 per cent on the day, as the market continued to punish the company’s cautious FY27 revenue guidance of just 1.5–3.5 per cent constant currency growth. The Nifty IT index extended Thursday's losses further on Friday, approaching its 30-month lows.
Brent crude did not help matters and held firm above $106 per barrel, as Iran’s military assertiveness near the Strait of Hormuz kept geopolitical risk elevated.
Small-caps and mid-caps extended their morning losses through the afternoon, with the Nifty Smallcap 250 ending the day in the red. Selling was broad-based, with virtually no major sector closing in the green.