The Indian stock market witnessed a significant downturn today as the Nifty 50 and Sensex indices fell sharply from their intraday highs. The Nifty 50 slipped over 150 points after briefly surpassing the 24,300 mark, closing at 24,161.10, up 0.27%. Meanwhile, the Sensex settled at 77,466.44, marking a modest gain of 0.29%. This decline was largely attributed to a sharp surge in crude oil prices, which climbed above $115 per barrel, impacting market sentiment globally. Among the top losers, AWL, Cohance, and CEATLTD led the decline with substantial drops in their stock prices.
Biggest decliners today
AWL emerged as the biggest loser in today’s session, with its stock price falling by 5.66% from its opening level of ₹211.03 to a current price of ₹199.09. The stock experienced a low of ₹198.49 during the day. Cohance followed closely, slipping 5.24% from its opening price of ₹494.85 to ₹468.90, with a low of ₹460.10. CEATLTD also faced a significant decline, falling 5.00% to ₹3,619.60 from an opening of ₹3,810.00, having reached a low of ₹3,601.10.
ABSLAMC and Swiggy were also among the top decliners. ABSLAMC’s stock dropped by 4.69%, closing at ₹1,020.25 from an opening of ₹1,070.50, while Swiggy fell 4.67% to ₹274.55 from an opening of ₹288.00.
Sectoral patterns
The decline was not limited to a specific sector, as stocks from various sectors faced pressure. IndiaCem and JSWInfra, both from the infrastructure sector, saw declines of 4.61% and 4.58%, respectively. Taril, from the energy sector, also fell by 4.57%, closing at ₹324.00. NTPCGreen and JSWEnergy, both involved in the energy sector, declined by 4.52% and 4.50%, respectively.
| Stock | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| AWL | 211.03 | 211.03 | 198.49 | 199.09 | -5.66% |
| Cohance | 494.85 | 506.00 | 460.10 | 468.90 | -5.24% |
| CEATLTD | 3,810.00 | 3,949.90 | 3,601.10 | 3,619.60 | -5.00% |
| ABSLAMC | 1,070.50 | 1,076.00 | 1,016.30 | 1,020.25 | -4.69% |
| Swiggy | 288.00 | 288.60 | 272.50 | 274.55 | -4.67% |
| IndiaCem | 419.90 | 421.00 | 400.00 | 400.55 | -4.61% |
| JSWInfra | 285.99 | 286.00 | 272.00 | 272.90 | -4.58% |
| Taril | 339.50 | 341.80 | 320.85 | 324.00 | -4.57% |
| NTPCGreen | 116.50 | 117.10 | 110.20 | 111.23 | -4.52% |
| JSWEnergy | 584.70 | 584.70 | 557.00 | 558.40 | -4.50% |
What this means for the market
The sharp decline in these stocks highlights the impact of rising crude oil prices on the market, as investors remain cautious amid ongoing geopolitical tensions. The broader market sentiment remains fragile, and investors will be closely monitoring crude oil price movements and geopolitical developments for further cues. As the session progresses, market participants will be keenly watching for any signs of stabilisation or further volatility.
Data as on Apr 29, 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.