Stock Market Today Live: Sensex Plunges Over 590 Points In Mid Day Trading, Nifty Below 24,000 , What Lies Ahead?

Brace yourselves! The Sensex took a massive hit today, plunging over 594 points to close at 81,664.33, wiping out 0.72% of its value. The Nifty wasn’t far behind, dropping 175.55 points, or 0.70%, to settle at 24,935.90. As the weekend approaches and markets prepare to shut shop, investors are left wondering—where is the Indian stock market heading next? With such a sharp decline right before the break, uncertainty looms large. Is this a sign of deeper turbulence ahead, or just a short-term blip? All eyes will be on global cues and economic updates as the market braces for what’s next. Stay tuned!

• Announcing Q1FY26 results today
• • Bandhan Bank,
  • JSW Steel,
  • L&T Finance,
  • Reliance
  • Industries,
  • Atul,
  • IndiaMART,
  • Mangalore Refinery & Petrochemicals
• Other Stocks In Focus
  • Jio Financial Services: Revenue ₹612 cr; PAT up 4% to ₹325 cr; strong AUM growth.
  • Axis Bank: Operating profit up 14% YoY; net profit down 4%.
  • Wipro: Net profit up 11%; revenue slightly up YoY, down sequentially.
  • Lupin: US FDA inspection with 4 observations; addressing issues.
  • Indian Hotels (IHCL): PAT +19%; revenue +32%; 6 new hotel openings.
  • LTIMindtree: Revenue +7.6% YoY; net profit +11.2% QoQ.
  • Polycab: Revenue +26%; EBITDA +47%; PAT +49%.
  • Ceat: Revenue +10.5%; PAT down 27%.
  • Tata Communications: Revenue +6.6%; PAT down from last year.
  • Shoppers Stop: Sales +6%; net loss narrowed.
  • Veranda Learning: QIP approved at ₹236.92 floor price.
  • Afcons Infra: Won ₹4,535 cr road contracts in Croatia.

Read More: Stocks To Watch Today: Axis Bank, Lupin, Wipro And Many Other Under The Watch Of Investors, Important Q1 Results Ahead

The Indian stock market opened flat today, with the Nifty at 25,127.15, up 15.70 points (0.06%). However, the Sensex started lower at 82,244.26, down 390.22 points (0.47%) from the previous session, reflecting mixed investor sentiment at the start of trading.

Read More: Stock Market Today: STAY CAUTIOUS, TRADERS! Sensex And Nifty Open Flat With Optimism On Global Cues

Markets across the globe are flexing this Friday! Australian stocks hit record highs—cheers, mates! Meanwhile, Asian markets are in sync with Wall Street’s rhythm after the S&P 500 and Nasdaq danced to record closes. Japan’s June core inflation cooled (as expected—no surprises there), keeping the BoJ calm.

Europe joined the party, ending higher on solid earnings, while back home, US futures are tiptoeing upward after a green overnight session. Jobless claims dipped, retail sales jumped, and Netflix delivered more than just binge-worthy shows—its earnings beat estimates and full-year guidance got a boost.

Bond watchers, the 10-year yield stayed chill at 4.45%, but the dollar flexed on upbeat US data. Oil prices climbed thanks to Middle East tensions and tight supplies, while gold took a breather, easing on the firmer greenback.

At 7:30 AM, GIFT Nifty trends suggest a firm start for Indian equity markets, pointing to a positive opening for the Nifty 50 index. As of the latest data, Nifty futures on the GIFT platform were trading around the 25,189 mark, reflecting a gain of 41 points or 0.16 percent. This uptick indicates a continuation of optimistic investor sentiment and sets the stage for a potentially upbeat session on Dalal Street. Global cues and domestic earnings reports could further influence market direction as the trading day progresses. Investors will closely watch key sectors and heavyweight stocks for early momentum signals

Markets snapped a two-day winning streak as the Nifty closed near 25,100 and the Sensex fell 375 points, dragged down by losses in IT and banking stocks amid weak Q1 earnings. Despite a mid-day recovery, late selling erased early gains. At close, the Nifty slipped 100.60 points to 25,111.45, and the Sensex dropped 0.45% to 82,259.24. Midcaps were flat, while smallcaps edged up 0.25%. Tech Mahindra, Infosys, Wipro, and IndusInd Bank led the losers. On the flip side, Tata Consumer, Trent, and M&M gained. Sectorally, IT and PSU banks declined, while metals, realty, and durables saw buying interest.