Today: 29 April 2026
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NSE:ONGC 9 January 2026 - 28 April 2026

India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally

India Stock Market Today: Sensex Slides, Nifty Tests 24,000 as Bank Stocks Stall Rally

Sensex dropped 359 points to 76,944.91 and Nifty 50 fell 86 points to 24,006.70 by 2 p.m. in Mumbai. State-run banks led declines after the RBI finalized new expected credit-loss rules, with the Nifty PSU Bank index down nearly 2%. Coal India, ONGC, and Oil India gained on earnings and firm crude prices but failed to offset broader losses. Market breadth was negative, with more stocks falling than rising.
India Stock Market Today: Sensex, Nifty Reverse Early Rally as Oil Caution Returns

India Stock Market Today: Sensex, Nifty Reverse Early Rally as Oil Caution Returns

India’s Nifty 50 fell 0.14% and Sensex dropped 0.16% Thursday, reversing early gains as optimism over U.S.-Iran talks faded and Brent crude rose to $96.58 a barrel. Foreign investors have pulled $38 billion from Indian equities since 2025. The rupee held near 93.30 per dollar, with offshore dollar/rupee hedges easing after RBI action. HDB Financial Services shares surged on a 41.4% profit jump.
India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

India stock market today: Nifty, Sensex end higher on EU trade deal buzz and budget positioning

Nifty 50 rose 0.66% and Sensex gained 0.60% at Wednesday’s close, marking a second straight day of gains. Defence, infrastructure, and energy stocks led advances ahead of the Feb. 1 budget. Oil India surged 9.6% and Bharat Electronics hit a record after strong earnings. The rupee edged lower as traders watched for the U.S. Fed decision.
India stock market today: Sensex, Nifty end lower as tariff jitters return; Reliance drags

India stock market today: Sensex, Nifty end lower as tariff jitters return; Reliance drags

The Sensex fell 0.30% to 83,627.69 and the Nifty 50 slipped 0.22% after a volatile session Tuesday, with Reliance and L&T among top drags. ONGC and Tech Mahindra led gainers. Foreign investors have sold $1.72 billion in Indian stocks so far in January. The rupee closed at 90.19 per dollar, slightly weaker, as the market eyed India-U.S. trade signals and upcoming earnings.
India stock market today: Nifty, Sensex end lower again as tariff worries sink risk mood

India stock market today: Nifty, Sensex end lower again as tariff worries sink risk mood

Nifty 50 dropped 0.75% and Sensex fell 0.72% Friday, marking a fifth consecutive decline and their steepest weekly loss in over three months amid tariff uncertainty. Foreign investors sold 15.28 billion rupees in equities Wednesday. Vodafone Idea jumped up to 9% after the government capped AGR dues. Manappuram Finance slid 5% on reports of RBI objections to Bain Capital’s takeover plan.

Stock Market Today

  • Franco-Nevada (TSX:FNV) Valuation Review Amid Share Price Decline
    April 28, 2026, 11:11 PM EDT. Franco-Nevada (TSX:FNV) shares have fallen 3.2% in one day and 6.1% over a week, triggering reassessment of its valuation. Despite a 12.5% drop over 90 days, the stock still shows an 11.2% gain year-to-date and 37.2% total return over one year, revealing fading short-term momentum but solid long-term growth. Shares trade at CA$318.05, below analyst targets near CA$402.66 and a fair value estimate of CA$388.82, indicating an 18.2% undervaluation. Ongoing acquisitions of high-quality gold assets diversify risk and enhance growth potential. However, the 40.3 times price-to-earnings ratio exceeds industry and peer averages, suggesting valuation risk if gold markets weaken or key projects face issues. Investors should weigh growth forecasts against these risks before positioning on Franco-Nevada.

Latest article

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

AST SpaceMobile Stock’s May 11 Moment: FCC Win Meets BlueBird 7 Reality

29 April 2026
AST SpaceMobile will hold its first-quarter update call on May 11 after winning FCC approval to deploy a 248-satellite constellation for direct-to-device service. Shares fell 6.8% Tuesday, following the loss of its BlueBird 7 satellite in a failed launch. The company expects insurance to cover the loss and is targeting 45 satellites in orbit by end-2026. Investors are watching launch progress and commercial service timing.
OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

OpenAI Target Miss Report Sends Oracle, CoreWeave and AI Stocks Lower

29 April 2026
Oracle shares fell 4% and CoreWeave dropped 5.9% Tuesday after a Wall Street Journal report said OpenAI missed recent revenue and user targets. Nvidia, AMD, and Arm Holdings also declined, with the iShares Semiconductor ETF down 3.7%. OpenAI denied internal divisions and said its AI coding product Codex reached 4 million users. Oracle’s credit default swaps hit a two-week high amid concern over its $300 billion cloud deal with OpenAI.
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