{"id":24914,"date":"2026-04-23T16:57:52","date_gmt":"2026-04-23T11:27:52","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=24914"},"modified":"2026-04-23T16:57:52","modified_gmt":"2026-04-23T11:27:52","slug":"sensex-falls-852-points-as-brent-crude","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/sensex-falls-852-points-as-brent-crude\/","title":{"rendered":"Sensex Falls 852 Points as Brent Crude Tops $100 for Fourth Session"},"content":{"rendered":"<table>\n<tbody>\n<tr>\n<td>Index<\/td>\n<td>Price<\/td>\n<td>Change<\/td>\n<td>% Chg<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.niftytrader.in\/live-analytics\">Nifty 50<\/a><\/td>\n<td>24,173.05<\/td>\n<td><span style=\"color: #ff0000;\">205.05 <\/span><\/td>\n<td><span style=\"color: #ff0000;\">-0.84%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/niftytrader.in\/banknifty-live-analysis\" rel=\"noopener\">Nifty Bank<\/a><\/td>\n<td>56,305.00<\/td>\n<td><span style=\"color: #ff0000;\">819.45<\/span><\/td>\n<td><span style=\"color: #ff0000;\">-1.43%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.niftytrader.in\/finnifty-live-analysis\">Nifty Financial<\/a><\/td>\n<td>26,247.20<\/td>\n<td><span style=\"color: #ff0000;\">378.05\u00a0 <\/span><\/td>\n<td><span style=\"color: #ff0000;\">-1.42%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">BSE SENSEX<\/a><\/td>\n<td>77,664.00<\/td>\n<td><span style=\"color: #ff0000;\">852.49<\/span><\/td>\n<td><span style=\"color: #ff0000;\">-1.09%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-start=\"447\" data-end=\"869\">Indian equity benchmarks extended losses on April 23, 2026, as rising crude oil prices, foreign fund outflows, and weak global cues weighed on sentiment. The <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">BSE Sensex<\/span><\/span> declined 852.49 points or 1.09% to close at 77,664, while the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Nifty 50<\/span><\/span> slipped 205.05 points or 0.84% to end at 24,173.05, falling below the key 24,200 mark.<\/p>\n<p data-start=\"871\" data-end=\"1033\">The sell-off marked the second consecutive session of losses and wiped out more than \u20b93 lakh crore in market capitalisation, reflecting broad-based risk aversion.<\/p>\n<p data-start=\"1327\" data-end=\"1520\">Also Check :<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty50-contributors\">Nifty 50<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty-bank-contributors\">Bank Nifty<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">Sensex<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 data-section-id=\"58lnfz\" data-start=\"1040\" data-end=\"1127\">Crude Oil Rally Above $100 for Fourth Day Triggers Inflation and Earnings Concerns<\/h2>\n<p data-start=\"1129\" data-end=\"1396\">The sharp rise in crude oil prices remained the primary trigger behind the decline. Brent crude traded in the $100\u2013106 per barrel range, extending gains for the fourth straight session amid escalating tensions in the Strait of Hormuz and stalled US\u2013Iran negotiations.<\/p>\n<p data-start=\"1398\" data-end=\"1474\">For India, a major crude importer, sustained high oil prices translate into:<\/p>\n<ul data-start=\"1476\" data-end=\"1577\">\n<li data-section-id=\"1kjedr8\" data-start=\"1476\" data-end=\"1512\">Higher inflation and input costs<\/li>\n<li data-section-id=\"1lnueyq\" data-start=\"1513\" data-end=\"1546\">Pressure on corporate margins<\/li>\n<li data-section-id=\"4ok1n6\" data-start=\"1547\" data-end=\"1577\">Risk to consumption demand<\/li>\n<\/ul>\n<blockquote data-start=\"1579\" data-end=\"1733\">\n<p data-start=\"1581\" data-end=\"1733\">\u201cOil markets remain a key concern, with Brent crude breaching the $100 mark\u2026 raising concerns over global supply disruptions,\u201d market participants said.<\/p>\n<\/blockquote>\n<p data-start=\"1581\" data-end=\"1733\"><span style=\"color: #0000ff;\">Also Read<\/span> : <a href=\"https:\/\/www.niftytrader.in\/markets\/rbi-opens-sgb-redemption-at-rs-15554\/\">RBI Opens SGB Redemption at Rs.15,554, Delivering Over 200% Returns Since 2020<\/a><\/p>\n<h2 data-section-id=\"vwzz2i\" data-start=\"1740\" data-end=\"1805\">Weak Global Markets and FII Outflows Add to Selling Pressure<\/h2>\n<p data-start=\"1807\" data-end=\"1852\">Global cues remained negative across regions:<\/p>\n<ul data-start=\"1854\" data-end=\"1977\">\n<li data-section-id=\"1pmahrf\" data-start=\"1854\" data-end=\"1888\">Stoxx Europe 600 declined 0.6%<\/li>\n<li data-section-id=\"1p3n0j\" data-start=\"1889\" data-end=\"1936\">S&amp;P 500 and Nasdaq futures fell around 0.5%<\/li>\n<li data-section-id=\"1aj7p4q\" data-start=\"1937\" data-end=\"1977\">MSCI Asia Pacific index dropped 0.6%<\/li>\n<\/ul>\n<p data-start=\"1979\" data-end=\"2081\">Asian markets, including Japan\u2019s Nikkei, South Korea\u2019s Kospi, and Hong Kong\u2019s Hang Seng, traded lower.<\/p>\n<p data-start=\"2083\" data-end=\"2341\">Foreign institutional investors (FIIs) continued selling, offloading \u20b92,078 crore worth of equities for the second consecutive session. Domestic institutional investors (DIIs) provided limited support, indicating cautious positioning amid rising macro risks.<\/p>\n<h2 data-section-id=\"1og6wvx\" data-start=\"2348\" data-end=\"2413\">Rupee Weakens to 94.12 and HSBC Downgrade Weigh on Sentiment<\/h2>\n<p data-start=\"2415\" data-end=\"2571\">The Indian rupee weakened for the fourth straight session, slipping 34 paise to 94.12 against the US dollar due to rising crude prices and capital outflows.<\/p>\n<p data-start=\"2573\" data-end=\"2758\">Adding to the negative sentiment, <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">HSBC<\/span><\/span> downgraded Indian equities to \u201cunderweight\u201d from \u201cneutral,\u201d citing elevated energy prices and valuation concerns.<\/p>\n<blockquote data-start=\"2760\" data-end=\"2873\">\n<p data-start=\"2762\" data-end=\"2873\">\u201cWith Brent crude bouncing back above $100, there is increasing risk to India\u2019s macro outlook,\u201d analysts noted.<\/p>\n<\/blockquote>\n<h2 data-section-id=\"1nqcm3v\" data-start=\"2880\" data-end=\"2948\">Sectoral Decline Broad-Based as Auto and Financials Lead Losses<\/h2>\n<p data-start=\"2950\" data-end=\"3028\">Selling was widespread, with 12 out of 16 sectoral indices closing in the red.<\/p>\n<p data-start=\"3030\" data-end=\"3053\"><strong data-start=\"3030\" data-end=\"3053\">Top Losing Sectors:<\/strong><\/p>\n<ul data-start=\"3054\" data-end=\"3182\">\n<li data-section-id=\"ua51sz\" data-start=\"3054\" data-end=\"3076\">Nifty Auto: -2.35%<\/li>\n<li data-section-id=\"719ozn\" data-start=\"3077\" data-end=\"3112\">Nifty Consumer Durables: -1.97%<\/li>\n<li data-section-id=\"1e6um9h\" data-start=\"3113\" data-end=\"3137\">Nifty Realty: -1.83%<\/li>\n<li data-section-id=\"18199f8\" data-start=\"3138\" data-end=\"3158\">Nifty IT: -1.22%<\/li>\n<li data-section-id=\"1buww7n\" data-start=\"3159\" data-end=\"3182\">Nifty Metal: -0.82%<\/li>\n<\/ul>\n<p data-start=\"3184\" data-end=\"3262\">Auto stocks declined 1.3%, while financial heavyweights dragged indices lower:<\/p>\n<ul data-start=\"3264\" data-end=\"3371\">\n<li data-section-id=\"1fwh7a2\" data-start=\"3264\" data-end=\"3315\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">ICICI Bank<\/span><\/span> fell 1.6%<\/li>\n<li data-section-id=\"1a2jz2\" data-start=\"3316\" data-end=\"3371\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">HDFC Bank<\/span><\/span> declined 0.8%<\/li>\n<\/ul>\n<p data-start=\"3373\" data-end=\"3426\">On the positive side, defensive sectors outperformed:<\/p>\n<ul data-start=\"3428\" data-end=\"3483\">\n<li data-section-id=\"cg2whg\" data-start=\"3428\" data-end=\"3455\">Nifty Pharma rose 2.36%<\/li>\n<li data-section-id=\"1x4ciua\" data-start=\"3456\" data-end=\"3483\">Nifty Media gained 0.9%<\/li>\n<\/ul>\n<p data-start=\"3485\" data-end=\"3608\">Pharma stocks advanced after Nomura reported <strong data-start=\"3530\" data-end=\"3559\">10.1% year-on-year growth<\/strong> in the domestic pharmaceutical market for March.<\/p>\n<h2 data-section-id=\"di9cd3\" data-start=\"3615\" data-end=\"3676\">Top Gainers and Losers Reflect Stock-Specific Volatility<\/h2>\n<p data-start=\"3678\" data-end=\"3694\"><strong data-start=\"3678\" data-end=\"3694\">Top Gainers:<\/strong><\/p>\n<ul data-start=\"3695\" data-end=\"3946\">\n<li data-section-id=\"1d49li0\" data-start=\"3695\" data-end=\"3744\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Dr. Reddy&#8217;s Laboratories<\/span><\/span>: +8.87%<\/li>\n<li data-section-id=\"1k89vz3\" data-start=\"3745\" data-end=\"3794\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Cipla<\/span><\/span>: +5.72%<\/li>\n<li data-section-id=\"fjyez7\" data-start=\"3795\" data-end=\"3844\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Jio Financial Services<\/span><\/span>: +4.19%<\/li>\n<li data-section-id=\"1dnlbm9\" data-start=\"3845\" data-end=\"3894\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Adani Enterprises<\/span><\/span>: +1.78%<\/li>\n<li data-section-id=\"ymx8yh\" data-start=\"3895\" data-end=\"3946\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Coal India<\/span><\/span>: +1.52%<\/li>\n<\/ul>\n<p data-start=\"3948\" data-end=\"3963\"><strong data-start=\"3948\" data-end=\"3963\">Top Losers:<\/strong><\/p>\n<ul data-start=\"3964\" data-end=\"4223\">\n<li data-section-id=\"qt4zoe\" data-start=\"3964\" data-end=\"4015\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Trent<\/span><\/span>: -4.30%<\/li>\n<li data-section-id=\"2uy41k\" data-start=\"4016\" data-end=\"4067\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Shriram Finance<\/span><\/span>: -3.31%<\/li>\n<li data-section-id=\"navfq1\" data-start=\"4068\" data-end=\"4119\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Tech Mahindra<\/span><\/span>: -3.12%<\/li>\n<li data-section-id=\"1e8efst\" data-start=\"4120\" data-end=\"4171\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Bajaj Finserv<\/span><\/span>: -3.07%<\/li>\n<li data-section-id=\"jjde36\" data-start=\"4172\" data-end=\"4223\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Infosys<\/span><\/span>: -2.90%<\/li>\n<\/ul>\n<h2 data-section-id=\"1avlzku\" data-start=\"4230\" data-end=\"4283\">Market Breadth Weakens as Volatility Index Rises<\/h2>\n<p data-start=\"4285\" data-end=\"4336\">Market internals indicated strong selling pressure:<\/p>\n<ul data-start=\"4338\" data-end=\"4436\">\n<li data-section-id=\"43p472\" data-start=\"4338\" data-end=\"4378\">Decliners: 2,037 vs Advancers: 1,255<\/li>\n<li data-section-id=\"zqjrkj\" data-start=\"4379\" data-end=\"4408\">52-week highs: 119 stocks<\/li>\n<li data-section-id=\"52e14q\" data-start=\"4409\" data-end=\"4436\">52-week lows: 28 stocks<\/li>\n<\/ul>\n<p data-start=\"4438\" data-end=\"4531\">India VIX rose 1.58% to 18.59, reflecting increased volatility and uncertainty among traders.<\/p>\n<h2 data-section-id=\"1has6v2\" data-start=\"4538\" data-end=\"4608\">Earnings Growth Risk Emerges as Crude Surge Threatens 16% Outlook<\/h2>\n<p data-start=\"4610\" data-end=\"4870\">Consensus earnings growth expectations of around <strong data-start=\"4659\" data-end=\"4675\">16% for FY27<\/strong> are now at risk if crude prices remain elevated. Higher energy costs could compress margins across sectors such as auto, logistics, and manufacturing, potentially leading to earnings downgrades.<\/p>\n<h2 data-section-id=\"346mvr\" data-start=\"4877\" data-end=\"4945\">Technical Setup Indicates Range-Bound Market with Downside Risk<\/h2>\n<p data-start=\"4947\" data-end=\"4995\">Nifty continues to trade within a defined range:<\/p>\n<ul data-start=\"4997\" data-end=\"5102\">\n<li data-section-id=\"7t14za\" data-start=\"4997\" data-end=\"5026\">Immediate support: 24,000<\/li>\n<li data-section-id=\"ivy5np\" data-start=\"5027\" data-end=\"5065\">Strong support zone: 24,080\u201323,900<\/li>\n<li data-section-id=\"10276zl\" data-start=\"5066\" data-end=\"5102\">Resistance levels: 24,300\u201324,500<\/li>\n<\/ul>\n<p data-start=\"5104\" data-end=\"5209\">The index remains in a consolidation phase, with downside risk increasing if support levels are breached.<\/p>\n<h2 data-section-id=\"1ywfsw2\" data-start=\"5216\" data-end=\"5261\">FAQs: Key Questions Investors Are Asking<\/h2>\n<h3 data-section-id=\"ohojpj\" data-start=\"5263\" data-end=\"5305\">Why did Sensex and Nifty fall today?<\/h3>\n<p data-start=\"5306\" data-end=\"5409\">Markets declined due to rising crude oil prices, FII selling, weak global cues, and rupee depreciation.<\/p>\n<h3 data-section-id=\"16fkeoc\" data-start=\"5411\" data-end=\"5465\">How do crude oil prices impact the stock market?<\/h3>\n<p data-start=\"5466\" data-end=\"5578\">Higher crude prices increase inflation and input costs, reducing corporate profitability and investor sentiment.<\/p>\n<h3 data-section-id=\"1j82sem\" data-start=\"5580\" data-end=\"5621\">Which sectors performed well today?<\/h3>\n<p data-start=\"5622\" data-end=\"5738\">Pharma gained 2.36% after Nomura reported 10.1% year-on-year growth in the domestic pharmaceutical market for March.<\/p>\n<h3 data-section-id=\"120x4nm\" data-start=\"5740\" data-end=\"5785\">What are key levels to watch for Nifty?<\/h3>\n<p data-start=\"5786\" data-end=\"5862\">Support is near 24,000, while resistance is seen in the 24,300\u201324,500 range.<\/p>\n<h2 data-section-id=\"1sn7lep\" data-start=\"5869\" data-end=\"5900\">Key Takeaway for Investors<\/h2>\n<p data-start=\"5902\" data-end=\"6206\" data-is-last-node=\"\" data-is-only-node=\"\">The sustained rise in crude oil prices above $100 per barrel has emerged as a key risk for Indian equities, impacting inflation expectations, earnings outlook, and capital flows. Near-term market direction will remain closely linked to crude price trends, global developments, and institutional activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Index Price Change % Chg Nifty 50 24,173.05 205.05 -0.84% Nifty Bank 56,305.00 819.45 -1.43% Nifty Financial 26,247.20 378.05\u00a0 -1.42% BSE SENSEX 77,664.00 852.49 -1.09% Indian equity benchmarks extended losses on April 23, 2026, as rising crude oil prices, foreign fund outflows, and weak global cues weighed on sentiment. The BSE Sensex declined 852.49 points [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-24914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/24914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=24914"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/24914\/revisions"}],"predecessor-version":[{"id":24920,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/24914\/revisions\/24920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/24919"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=24914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=24914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=24914"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=24914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}