11:00 AM IST — Markets Open Lower, Early Trades Reflect Volatility
The Indian stock market opened Monday’s session on a negative note, with Sensex and Nifty opening in the red. The Nifty 50 dipped below 24,800 levels at the opening, while the BSE Sensex declined by more than 200 points, falling as low as 81,240.22 in early trade. Lower Circuits hit for OlaTech, Zen Technologies and others.
Analysts identify solid support for Nifty at 24,770 and resistance around 24,940–25,000. The day is likely to remain volatile with a bias towards range-bound movements, with investors waiting for further corporate results and an understanding of global trends. The near term continues to stay in the wings of the US Fed meeting, India-US trade negotiations, and additional Q1 FY26 financial results.
Stay Tuned in to this space for breaking updates as the day progresses— catch sector-wise action, expert views, and Dalal Street’s pulse in real-time..
Summary: Amid Speculations, Indian Stock Market opened flat, recovered in the two trading hours; the market crashed significantly in the afternoon session to breach Nifty's 24,700 and Sensex's 80,900
As the makets closed, the crash today credits heavily to Realty, Defence and Finance. Nifty closed at 24,680.90, down by 0.63% and Sensex at 80,891, down by 0.70%
Macrotech Developers (Lodha) shares corrected to over 5.50%. The company had reported its Q1 earnings on Saturday and though the profits were significant, they declined 27% from the last quarter.
Other losers in the sector were DLF, Oberoi, Prestige Estates and Godrej Properties, each falling by over 3%.
Bear seems to have taken over the market in the short term; Nifty, Sensex continue to fall amidst Nifty IT and Nifty Bank driving the fall. Kotak Mahindra Bank falls by over 7%, hitting the day's low of Rs 1960.
Nifty 50 hit below 24,700 mark, down by over 150 points (0.60%); Sensex breaches 80,900, down by over 550 points (0.70%).
Hindustan Aeronautics Limited (HAL), Cochin Shipyard limited, Garden Reach Shipbuilders and Engineers Limited (GRSE), and MtarTech have fallen significantly; Avantel dips by 5%, Paras Defence and Space Technologies hit the lower circuit of 10%.
Paytm continues to plunge up by 3% to Rs 1100. The Paytm posted a net profit of Rs 122.5 crore in Q1FY26, the first profit posted, after a steep loss in the previous quarter of FY25.
The Q1 consolidated profit of Balkrishna Industries declines 41%.
As the Nifty breaches 24,800 mark, the fall continues. Sensex fall by around 200 points. After early gains, Mid cap and Small cap indices get in the red to fall by over 0.60%, the angst increases..
Sectoral trends in the Indian market at 12:00 noon revealed that stocks in the defense, real estate, and IT sectors were declining, while those in the finance and pharmaceutical sectors were rising. The auto industry has not moved much today and has stayed flat.
The Market Volatility index VIX cools down to 3% after an initial spike;
The Favourite Stocks of retail traders such as KPIT Tech, Hindware Innovations, Venus Pipes, Dynamic Cables among others saw a significant fall ranging from 1% to 3-4% offering moderate discounts to the interested trading community.
Auto, oil & gas, and pharmaceuticals were up 0.5-1%, while the real estate index was down 1.5%, private banks were down 1%, and IT, metal, and media were all down 0.5%. The BSE smallcap index was up 0.2 percent and the midcap index was up 0.5 percent. The most active NSE stocks as of now are Kotak Mahindra Bank, IEX, Laurus Labs, Sharda Crop, and Lodha Developers.