New Delhi, April 23, 2026. The Indian stock market recorded a sharp decline today, with the BSE Sensex falling by 852 points to close at 77,664. Selling pressure persisted throughout the day, causing significant losses in investor wealth.
The Sensex fell by 852 points (1.09%) on April 23 to close at 77,664. The Nifty also declined by 205 points (0.84%), settling at 24,173. During today’s trading, buying was seen in pharma and media shares, while the auto sector witnessed the most selling.
Signs of weakness emerged right at the market open, and the decline deepened during trading hours. Selling was particularly observed in IT, banking, and metal sector shares, increasing pressure on the indices.
According to experts, several factors contributed to this decline—weakness in global markets, selling by foreign institutional investors (FIIs), fluctuations in crude oil prices, and investor caution. Additionally, uncertainty persists in the market regarding upcoming economic data and global developments.
The Nifty 50 was not immune to this decline and also closed in the red. Midcap and smallcap shares also experienced pressure, leading to a weak overall market trend.
Experts advise investors not to make hasty decisions during such declines, but to maintain investments with a long-term perspective. Market fluctuations are part of the normal process, and investing with the right strategy can yield better returns in the future.
