Nifty 50, Sensex Ended In The Red For 3rd Consecutive Session; TATAPOWER Announced The Incorporation Of A Wholly-Owned Subsidiary & More
- Share.Market
- 10 min read
- 24 Apr 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex extended their losing streak for the third consecutive session, ending over 1% lower on Friday, April 24. The continued decline was driven by a prevailing bearish sentiment that swept across the broader market. The broad-based sell-off spared no sector, with all sectoral indices closing in the red, led by Nifty IT, emerging as the top loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
HSCLHimadri Speciality Chemical’s shares hit a 52-week high following robust FY26 results, with net profit jumping 36% to ₹755 crore. The company also announced its formal entry into the EV battery supply chain by launching its first anode material production facility.
ADANIENSOLAdani Energy Solutions reported a 15.9% YoY growth in FY26 total income, reaching ₹28,325 crore. The company’s robust performance, highlighted by an all-time high EBITDA of ₹8,726 crore, was driven by recently operationalised transmission assets and smart meter contributions.
TIPSMUSICTips Music delivered strong Q4 FY26 results, with revenue growing 32% YoY to ₹103.9 crore and net profit surging 93% to ₹59 crore. The growth was driven by 66 new song releases and an expanded YouTube subscriber base of 153.1 million.
CHALETChalet Hotels marked its foray into Udaipur by acquiring Seasons Hotels Private Limited for ₹171 crore. The acquisition includes the 144-room Inder Residency Resort & Spa, which Chalet plans to upgrade into a premium lifestyle destination to strengthen its leisure portfolio.
TATAPOWERTata Power Company has officially announced the incorporation of a new, wholly-owned subsidiary named ‘TP Urja Limited’. The newly formed entity will operate directly under Tata Power, marking the latest structural addition to the company’s corporate umbrella.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty PSU BankNIFTY PSU BANK | -0.15%-13.05 | 8811.20 |
 Nifty EnergyNIFTY ENERGY | -0.23%-93.00 | 39903.75 |
 Nifty MetalNIFTY METAL | -0.31%-39.60 | 12746.65 |
Top Losers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty PharmaNIFTY PHARMA | -1.77%-406.25 | 22580.10 |
 Nifty MediaNIFTY MEDIA | -1.87%-27.40 | 1438.70 |
 Nifty ITNIFTY IT | -5.29%-1593.70 | 28530.60 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
Top Gainers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 23 Apr 2026 | -3,254.71 | 941.35 |
| 22 Apr 2026 | -2,078.36 | -1,048.17 |
| 21 Apr 2026 | -1,918.99 | 2,221.27 |
| 20 Apr 2026 | -1,059.93 | 2,966.89 |
| 17 Apr 2026 | 683.20 | -4,721.48 |
| Month-to-Date | -47,536.09 | 34,777.96 |
What’s Happening Beyond Markets?
- As per the latest RBI bulletin, the ongoing conflict in West Asia and the resulting supply chain disruptions may create challenges for the Indian economy. The central bank has flagged these global disruptions as potential hurdles to monitor.
- The quick commerce sector in India has doubled annually over the last two years. Following this rapid growth trajectory, the market is now projected to touch a massive USD 65-70 billion by 2030, according to a recent report by Flipkart and Bain & Company.
- India has officially approved financial support of ₹30 billion for the Maldives. This critical funding has been sanctioned under the SAARC currency swap framework to support the neighbouring nation’s economic requirements.
- The Indian Pharmacopoeia Commission signed MoUs with PMBI and NIPER Hajipur. These partnerships will enhance quality assurance for Jan Aushadhi medicines, strengthen pharmacovigilance, and advance collaborative pharmaceutical research for patient safety.
- According to New Zealand PM Christopher Luxon, a Free Trade Agreement between India and New Zealand will be signed this Monday. This major bilateral trade pact is expected to significantly shape and expand future economic exchanges between both nations.
Back to Basics
Terms that put you one step ahead – every day
What is a Liquidity Trap?
In economics, a liquidity trap happens when interest rates are extremely low, yet people and businesses hoard cash instead of spending or investing it. Think of it like a massive clearance sale at a store. Even if prices (interest rates) hit rock bottom, customers are so worried about their future finances that they refuse to buy anything, preferring to keep their money safely in their wallets.
In the broader economy, this usually occurs during severe downturns. Central banks try to stimulate growth by making borrowing cheap, but the fear of instability overrides the incentive to invest. For everyday investors, a liquidity trap signals a stagnant economy. Traditional monetary policies stop working, often leading to prolonged periods of flat stock market growth until consumer and business confidence is finally restored.
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
