The Indian stock markets witnessed a sharp decline today, with the Sensex dropping to 76,015.28, a fall of 1.70%, and the Nifty 50 slipping to 23,815.85, down by 1.49%. This downturn was marked by significant losses across various sectors, with Kalyan Jewellers India, Jyothy Labs, and ABB India emerging as the top losers in the session.
Biggest decliners today
Kalyan Jewellers India led the decline, with its stock price falling by 9.27% from its opening level, closing at ₹385.20. The stock opened at ₹411.00 and reached a low of ₹382.10, reflecting the broader sell-off in consumer durables.
Jyothy Labs followed closely, with a 9.26% drop from its opening price. The stock ended the session at ₹237.20, having opened at ₹242.90 and hitting a low of ₹231.90. The consumer goods sector faced pressure as investor sentiment weakened.
ABB India also saw a significant decline, falling 8.91% to close at ₹6,387.50. The stock opened at ₹6,662.00 and touched a low of ₹6,323.50, with the industrial sector under stress amid global uncertainties.
Tejas Networks experienced an 8.30% drop, closing at ₹471.70. The technology sector, although relatively resilient, saw some stocks like Tejas Networks underperform.
Blue Dart Express, a key player in logistics, fell by 7.45%, ending at ₹5,258.50. The stock opened at ₹5,488.00 and reached a low of ₹5,205.50, affected by the overall market sentiment.
Sectoral patterns
Aditya Birla Real Estate saw its stock price decrease by 7.26%, closing at ₹1,378.00. The real estate sector was notably weak, reflecting broader concerns in the market.
Gujarat State Petronet, part of the energy sector, dropped by 7.13%, with its stock closing at ₹268.35. Energy stocks were impacted by geopolitical tensions and market volatility.
Titan Company, a major player in consumer durables, saw a decline of 6.73%, closing at ₹4,205.60. The sector faced heavy selling pressure throughout the session.
NOCIL, in the chemicals sector, fell by 6.05%, ending at ₹171.44. The stock opened at ₹181.50, indicating a challenging day for chemical stocks.
Swiggy, a key player in the food delivery sector, experienced a 5.99% drop, closing at ₹263.70. The stock’s performance mirrored the cautious sentiment in the market.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Kalyan Jewellers | 411.00 | 411.00 | 382.10 | 385.20 | -9.27% |
| Jyothy Labs | 242.90 | 252.60 | 231.90 | 237.20 | -9.26% |
| ABB India | 6,662.00 | 6,687.00 | 6,323.50 | 6,387.50 | -8.91% |
| Tejas Networks | 511.90 | 511.90 | 455.00 | 471.70 | -8.30% |
| Blue Dart Express | 5,488.00 | 5,500.00 | 5,205.50 | 5,258.50 | -7.45% |
| Aditya Birla Real Estate | 1,481.30 | 1,482.80 | 1,346.00 | 1,378.00 | -7.26% |
| Gujarat State Petronet | 287.55 | 290.00 | 257.15 | 268.35 | -7.13% |
| Titan Company | 4,350.40 | 4,379.50 | 4,150.10 | 4,205.60 | -6.73% |
| NOCIL | 181.50 | 181.50 | 170.47 | 171.44 | -6.05% |
| Swiggy | 275.95 | 276.00 | 261.20 | 263.70 | -5.99% |
What this means for the market
The broad-based decline across major indices and sectors indicates a risk-off sentiment among investors, driven by geopolitical tensions and domestic policy concerns. As the session progresses, market participants will be closely monitoring any developments that could influence sentiment, particularly in sectors such as consumer durables and real estate, which have shown significant weakness.
Data as on May 11, 2026, 03:35 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.