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Nifty 50 Dips Under 24,000: Bears Reclaim Control Amidst Geopolitical Jitters
Markets Erase Early Gains as Brent Crude Hits $107; Auto and Pharma Stocks Face Selling Pressure
In a volatile trading session on Tuesday, April 28, 2026, the NSE Nifty 50 failed to sustain its 24,000-mark recovery, closing 97.00 points (0.40%) lower at 23,995.70. The BSE Sensex followed a similar trajectory, shedding 346 points to settle at 76,957.
Despite a positive opening fueled by hopes of a diplomatic breakthrough in the Middle East, a late-afternoon sell-off—triggered by a fresh spike in crude oil and cautious institutional activity—pushed the indices into the red.
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