Benchmark indices concluded the trading session on Thursday with slight declines following a volatile day, primarily influenced by profit-taking at elevated levels and uncertainties surrounding US-Iran discussions.
Vinod Nair, Head of Research at Geojit Investments, indicated that the market ended marginally lower amid both volatility and profit-booking, as investors remain apprehensive ahead of clearer insights regarding US-Iran negotiations. Additionally, a higher-than-anticipated Wholesale Price Index (WPI) inflation figure adversely impacted auto and consumer stocks.
The BSE Sensex fell by 122.56 points, equivalent to 0.16%, closing at 77,988.68 after reaching an intraday peak of 78,730.32. Meanwhile, the NSE Nifty 50 decreased by 34.55 points or 0.14%, settling at 24,196.75 after touching 24,400.95.
Markets opened positively, bolstered by easing geopolitical tensions, strong global cues, and growing optimism surrounding potential advancements in US-Iran talks. Nevertheless, indices could not maintain their gains and slipped into negative territory due to profit-booking post the recent rally and rising oil prices, reflecting skepticism towards the viability of a lasting peace accord.
In broader market developments, the Nifty midcap 100 and Nifty smallcap 100 indices outperformed the benchmarks, achieving gains of 0.63% and 0.89%, respectively. Sector-wise, metals emerged as leading performers, supported by favorable global commodity prices alongside a weakening dollar.
For real-time updates concerning Sensex, Nifty, BSE, NSE share prices, and Indian stock markets, refer to the live coverage for April 17, 2026.
