Markets Tumble: Nifty Slips Below 24,000, Sensex Drops 900 Points as Banking and Broader Stocks Take a Hit — Investors See ₹7.5 Lakh Crore Wiped Off

Stock market live updates: Bulls continue their pause as Indian stocks start the session on Friday, April 25, with a weak performance. Bears seized control of Dalal Street and eliminated Rs 7.5 lakh crore in market capitalization.

At 10: At 10:06 AM the Sensex dropped 881.49 points which amounted to a 1.10 percent decline to reach 78,919.94 while the Nifty saw a decrease of 285.05 points or 1.18 percent ending at 23,961.65.. Around 436 shares rose, 2702 declined, and 100 shares remained unchanged.

The sensex live benchmarks showed poor performance while broader market indicators demonstrated decreased strength. The Nifty Midcap 100 Index recorded a 2.5 percent decline while the Nifty Smallcap 100 Index experienced a 3 percent drop.

All sectoral indices were in the red. The highest selling pressure was seen in the banking sector, as Bank Nifty, Nifty Private Bank and Nifty Public Sector Bank all saw sharp drops.

The Nifty 50 index finished the rollercoaster series of April with a strong gain of 655 points, up 2,500 from its lows. Rollovers during April–May stayed close to their typical average figures. During this period FII participation remained constant at 41% and net contracts reached their lowest figures since October 2024.

The caution of weighs on the sentiment

Indian equity markets have become cautious as they assess the possible consequences of the Pahalgam terrorist attack. Most investors are weighing up the size of India's military and diplomatic response before making any further bets. The market experts anticipated a controlled initial response but warned that significant escalation could rapidly disrupt sentiment.

While the local markets are being pulled in opposite directions by a combination of muted earnings, a rebounding foreign flow, and tactical changes from active managers, they will likely consolidate rather than break out.