{"id":25165,"date":"2026-04-28T17:01:05","date_gmt":"2026-04-28T11:31:05","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=25165"},"modified":"2026-04-28T17:01:05","modified_gmt":"2026-04-28T11:31:05","slug":"sensex-falls-417-points-nifty-closes","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/sensex-falls-417-points-nifty-closes\/","title":{"rendered":"Sensex Falls 417 Points, Nifty Closes Below 24,000 on Expiry Day"},"content":{"rendered":"<p data-section-id=\"xk9r51\" data-start=\"585\" data-end=\"661\"><span role=\"text\">Banking, IT Drag Indices as RBI Norms, FII Selling Weigh on Sentiment<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Index<\/b><\/td>\n<td><b>Price<\/b><\/td>\n<td><b>Change<\/b><\/td>\n<td><b>% Chg<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.niftytrader.in\/live-analytics\"><b>Nifty 50<\/b><\/a><\/td>\n<td><b>23,995.70<\/b><\/td>\n<td><span style=\"font-weight: 400; color: #ff0000;\">97.00 <\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<td><span style=\"color: #ff0000;\"><span style=\"font-weight: 400;\">-0.40<\/span><b> %<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/niftytrader.in\/banknifty-live-analysis\" rel=\"noopener\"><b>Nifty Bank<\/b><\/a><\/td>\n<td><b>55,400.35<\/b><\/td>\n<td><span style=\"font-weight: 400; color: #ff0000;\">863.95 <\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><\/td>\n<td><span style=\"color: #ff0000;\"><span style=\"font-weight: 400;\">-1.54<\/span><b> %<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.niftytrader.in\/finnifty-live-analysis\"><b>Nifty Financial<\/b><\/a><\/td>\n<td><b>25,937.50<\/b><\/td>\n<td><span style=\"font-weight: 400; color: #ff0000;\">227.15 <\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<td><span style=\"color: #ff0000;\"><span style=\"font-weight: 400;\">-0.87<\/span><b> %<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\"><b>BSE SENSEX<\/b><\/a><\/td>\n<td><b>76,886.91<\/b><\/td>\n<td><span style=\"color: #ff0000;\"><span style=\"font-weight: 400;\">416.72<\/span><b>\u00a0 <\/b><\/span><b>\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0\u00a0\u00a0\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0\u00a0\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0\u00a0<\/b><b>\u00a0\u00a0\u00a0\u00a0<\/b><b>\u00a0<\/b><\/td>\n<td><span style=\"color: #ff0000;\"><span style=\"font-weight: 400;\">-0.54<\/span><b>%<\/b><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-start=\"663\" data-end=\"825\">Indian equity markets ended lower on April 28 amid volatility during monthly expiry, with selling pressure in banking, IT and auto stocks dragging the benchmarks.<\/p>\n<p data-start=\"827\" data-end=\"1087\">The <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">BSE Sensex<\/span><\/span> declined 416.72 points (0.54%) to 76,886.91, while the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Nifty 50<\/span><\/span> fell 97 points (0.40%) to close at 23,995.70, slipping below the 24,000 mark.<\/p>\n<p data-start=\"1089\" data-end=\"1216\">The Sensex swung nearly 750 points intraday, rising to 77,493 before reversing sharply as selling emerged at higher levels.<\/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=\"196n6jy\" data-start=\"1223\" data-end=\"1289\"><span role=\"text\">Top Gainers and Losers Highlight Shift Toward Energy Stocks<\/span><\/h2>\n<p data-start=\"1291\" data-end=\"1365\">Market action showed clear divergence between energy and financial stocks.<\/p>\n<h3 data-section-id=\"r3fdvh\" data-start=\"1367\" data-end=\"1394\"><span role=\"text\">Top 5 Stock Gainers<\/span><\/h3>\n<ul data-start=\"1395\" data-end=\"1748\">\n<li data-section-id=\"14scd20\" data-start=\"1395\" data-end=\"1462\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Oil and Natural Gas Corporation<\/span><\/span> rose 5.63% to \u20b9302.00<\/li>\n<li data-section-id=\"3x8six\" data-start=\"1463\" data-end=\"1534\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Adani Enterprises<\/span><\/span> gained 4.01% to \u20b92,415.00<\/li>\n<li data-section-id=\"1jnrv7p\" data-start=\"1535\" data-end=\"1606\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Coal India<\/span><\/span> advanced 3.29% to \u20b9467.40<\/li>\n<li data-section-id=\"17157db\" data-start=\"1607\" data-end=\"1679\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Reliance Industries<\/span><\/span> climbed 1.99% to \u20b91,393.00<\/li>\n<li data-section-id=\"2nuorz\" data-start=\"1680\" data-end=\"1748\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Nestl\u00e9 India<\/span><\/span> added 1.71% to \u20b91,441.60<\/li>\n<\/ul>\n<h3 data-section-id=\"n45ebw\" data-start=\"1750\" data-end=\"1776\"><span role=\"text\">Top 5 Stock Losers<\/span><\/h3>\n<ul data-start=\"1777\" data-end=\"2139\">\n<li data-section-id=\"quzy1x\" data-start=\"1777\" data-end=\"1846\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Axis Bank<\/span><\/span> fell 2.67% to \u20b91,288.80<\/li>\n<li data-section-id=\"k06yia\" data-start=\"1847\" data-end=\"1921\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Maruti Suzuki<\/span><\/span> declined 2.51% to \u20b912,890.00<\/li>\n<li data-section-id=\"18hufr2\" data-start=\"1922\" data-end=\"1996\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">HCL Technologies<\/span><\/span> dropped 2.31% to \u20b91,199.80<\/li>\n<li data-section-id=\"19slk95\" data-start=\"1997\" data-end=\"2069\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Shriram Finance<\/span><\/span> slipped 2.27% to \u20b9952.50<\/li>\n<li data-section-id=\"1v3yxm3\" data-start=\"2070\" data-end=\"2139\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">InterGlobe Aviation<\/span><\/span> lost 2.11% to \u20b94,465.00<\/li>\n<\/ul>\n<p data-start=\"2141\" data-end=\"2253\">Energy stocks outperformed as crude prices remained elevated, while rate-sensitive sectors saw selling pressure.<\/p>\n<p data-start=\"2141\" data-end=\"2253\">Read More : <a href=\"https:\/\/www.niftytrader.in\/markets\/iocl-oil-india-strike-oil-and-gas\/\">IOCL, Oil India Strike Oil and Gas in Libya\u2019s Ghadames Basin<\/a><\/p>\n<h2 data-section-id=\"13kkdgh\" data-start=\"2260\" data-end=\"2337\"><span role=\"text\">Sectoral Trends Show Oil &amp; Gas Strength, Banks and Auto Under Pressure<\/span><\/h2>\n<ul data-start=\"2339\" data-end=\"2414\">\n<li data-section-id=\"9ovzv0\" data-start=\"2339\" data-end=\"2377\">Nifty Oil &amp; Gas rose 1.55%<\/li>\n<li data-section-id=\"3mqrxm\" data-start=\"2378\" data-end=\"2414\">Nifty Metal gained 0.51%<\/li>\n<\/ul>\n<p data-start=\"2416\" data-end=\"2432\">On the downside:<\/p>\n<ul data-start=\"2434\" data-end=\"2542\">\n<li data-section-id=\"16nw7eg\" data-start=\"2434\" data-end=\"2471\">Nifty Auto declined 1.01%<\/li>\n<li data-section-id=\"1i441zj\" data-start=\"2472\" data-end=\"2503\">Nifty IT fell 0.68%<\/li>\n<li data-section-id=\"92822d\" data-start=\"2504\" data-end=\"2542\">Nifty Realty dropped 0.41%<\/li>\n<\/ul>\n<p data-start=\"2544\" data-end=\"2633\">PSU Bank stocks declined up to 2%, reflecting pressure after regulatory developments.<\/p>\n<h2 data-section-id=\"1j9as29\" data-start=\"2640\" data-end=\"2696\"><span role=\"text\">Broader Markets Rise but Breadth Remains Negative<\/span><\/h2>\n<ul data-start=\"2698\" data-end=\"2773\">\n<li data-section-id=\"pjphi8\" data-start=\"2698\" data-end=\"2736\">Nifty Midcap index gained 0.3%<\/li>\n<li data-section-id=\"kggqhf\" data-start=\"2737\" data-end=\"2773\">Nifty Smallcap index rose 0.4%<\/li>\n<\/ul>\n<p data-start=\"2775\" data-end=\"2808\">However, market breadth was weak:<\/p>\n<ul data-start=\"2810\" data-end=\"2893\">\n<li data-section-id=\"6myfyx\" data-start=\"2810\" data-end=\"2834\">Decliners: 1,784<\/li>\n<li data-section-id=\"kawoqx\" data-start=\"2835\" data-end=\"2859\">Advancers: 1,490<\/li>\n<li data-section-id=\"17l41fj\" data-start=\"2860\" data-end=\"2893\">52-week highs: 140 stocks<\/li>\n<\/ul>\n<p data-start=\"2895\" data-end=\"2980\">This indicates that gains were concentrated in select stocks rather than broad-based.<\/p>\n<h2 data-section-id=\"1kqn6p3\" data-start=\"2987\" data-end=\"3035\"><span role=\"text\">RBI Norms Trigger Banking Sector Sell-Off<\/span><\/h2>\n<p data-start=\"3037\" data-end=\"3224\">Banking stocks declined after the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Reserve Bank of India<\/span><\/span> finalised expected credit loss (ECL)-based provisioning and asset classification norms, effective April 2027.<\/p>\n<p data-start=\"3226\" data-end=\"3258\">The framework requires banks to:<\/p>\n<ul data-start=\"3260\" data-end=\"3392\">\n<li data-section-id=\"pl2ovj\" data-start=\"3260\" data-end=\"3293\">Recognise credit risk earlier<\/li>\n<li data-section-id=\"zcyjd7\" data-start=\"3294\" data-end=\"3338\">Increase provisioning for Stage 2 assets<\/li>\n<li data-section-id=\"17vaw30\" data-start=\"3339\" data-end=\"3392\">Maintain higher buffers for potential loan stress<\/li>\n<\/ul>\n<p data-start=\"3394\" data-end=\"3514\">Market participants expect PSU banks to face a sharper impact due to lower existing buffers compared to private lenders.<\/p>\n<h2 data-section-id=\"ox0hl9\" data-start=\"3521\" data-end=\"3584\"><span role=\"text\">Crude Oil, FII Outflows and Global Cues Weigh on Markets<\/span><\/h2>\n<p data-start=\"3586\" data-end=\"3697\">Brent crude traded near $109 per barrel, increasing inflation concerns and pressure on India\u2019s import bill.<\/p>\n<p data-start=\"3699\" data-end=\"3826\">Foreign Institutional Investors (FIIs) sold equities worth \u20b91,151 crore (provisional data, NSE), adding to market pressure.<\/p>\n<p data-start=\"3828\" data-end=\"3953\">Global sentiment remained weak, with Asian markets declining and US futures trading lower amid ongoing geopolitical tensions.<\/p>\n<h2 data-section-id=\"1fmh5iy\" data-start=\"3960\" data-end=\"4017\"><span role=\"text\">Rupee Weakens on Oil Pressure and Capital Outflows<\/span><\/h2>\n<p data-start=\"4019\" data-end=\"4142\">The Indian rupee ended around 94.54 per US dollar, pressured by rising crude oil prices and sustained foreign outflows.<\/p>\n<p data-start=\"4144\" data-end=\"4261\">A weaker currency raises concerns over inflation and the current account deficit, which can impact equity valuations.<\/p>\n<h2 data-section-id=\"g4c3pz\" data-start=\"4268\" data-end=\"4322\"><span role=\"text\">Volatility Remains Elevated Despite Cooling VIX<\/span><\/h2>\n<p data-start=\"4324\" data-end=\"4470\">The <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">India VIX<\/span><\/span> declined 1.79% to 18.05, even as intraday swings remained sharp due to expiry-related positioning.<\/p>\n<h2 data-section-id=\"olo86l\" data-start=\"4477\" data-end=\"4544\"><span role=\"text\">Technical View: Nifty Faces Immediate Resistance Near 24,200<\/span><\/h2>\n<ul data-start=\"4546\" data-end=\"4608\">\n<li data-section-id=\"1u6niiz\" data-start=\"4546\" data-end=\"4576\">Support: 23,850\u201323,800<\/li>\n<li data-section-id=\"1ochfk7\" data-start=\"4577\" data-end=\"4608\">Resistance: 24,200\u201324,250<\/li>\n<\/ul>\n<p data-start=\"4610\" data-end=\"4702\">Repeated failure to hold above resistance levels indicates supply pressure at higher levels.<\/p>\n<h2 data-section-id=\"1045cxr\" data-start=\"4709\" data-end=\"4743\"><span role=\"text\">FAQs: Market Fall Explained<\/span><\/h2>\n<h3 data-section-id=\"av2n5g\" data-start=\"4745\" data-end=\"4787\"><span role=\"text\">Why did Nifty fall below 24,000?<\/span><\/h3>\n<p data-start=\"4788\" data-end=\"4899\">Selling in banking, IT, and auto stocks, along with expiry volatility and FII outflows, pushed the index lower.<\/p>\n<h3 data-section-id=\"6j7qkx\" data-start=\"4906\" data-end=\"4954\"><span role=\"text\">Why are banking stocks under pressure?<\/span><\/h3>\n<p data-start=\"4955\" data-end=\"5046\">New RBI provisioning norms are expected to increase credit costs, especially for PSU banks.<\/p>\n<h3 data-section-id=\"b56qlm\" data-start=\"5053\" data-end=\"5090\"><span role=\"text\">Why did energy stocks rise?<\/span><\/h3>\n<p data-start=\"5091\" data-end=\"5165\">Higher crude oil prices supported oil and gas companies\u2019 earnings outlook.<\/p>\n<h3 data-section-id=\"1ych1en\" data-start=\"5172\" data-end=\"5228\"><span role=\"text\">Is this a correction or short-term volatility?<\/span><\/h3>\n<p data-start=\"5229\" data-end=\"5327\">Technically, the index remains range-bound, with resistance near 24,200 and support around 23,800.<\/p>\n<h3 data-section-id=\"as7uwf\" data-start=\"5334\" data-end=\"5377\"><span role=\"text\">What should investors track next?<\/span><\/h3>\n<p data-start=\"5378\" data-end=\"5461\">Crude oil prices, FII flows, RBI policy developments, and global geopolitical cues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking, IT Drag Indices as RBI Norms, FII Selling Weigh on Sentiment Index Price Change % Chg Nifty 50 23,995.70 97.00 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.40 % Nifty Bank 55,400.35 863.95 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -1.54 % Nifty Financial 25,937.50 227.15 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.87 % BSE SENSEX 76,886.91 416.72\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 -0.54% Indian equity markets ended lower on April 28 amid volatility during [&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-25165","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 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