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Sensex Today | Stock Market Live Updates: Nifty extends losses to 100 points; Nifty Bank below 56,000

Published on 16/04/2026 01:03 PM

Traffic at GMR Airports up 0.9% at ~32 million in Q4 FY26 (YoY)

Domestic Traffic up 1.6% at 24.1 million (YoY)

International Traffic down  1.3% at 7.7 million (YoY)

Zydus Life Gets Establishment Inspection Report (EIR) For Oncology Injectable Manufacturing Facility In SEZ1, Ahmedabad

The Nifty Bank index has now slipped below the 56,000 mark, and is down over 800 points from the highs of the day.

The sell-off in the Nifty Bank has taken the Nifty below the 24,150 mark as well, down well over 250 points from the highs this morning.

– Geopolitics is driving focus on energy security

– Expect India’s renewable energy capacity to reach 359 GW by FY25-30

– El-nino conditions could add to upside

– JSW Energy and NTPC are top picks within the power space

– Premier & Emmvee with strong balance sheets & healthy order books are preferred PV picks

– Top loser on the Nifty 500

– Biggest single-day fall in a month

– 10 lakh shares traded Vs 20-day average of 3.5 lakh

– Stock below 50-DMA, 100-DMA at ₹1,518

– Stock down 12% from recent 52-week high

– HDFC Bank is contributing 33 points to the Nifty downside

– Reliance Industries is contributing 14 points to the downside

– Bharti Airtel is contributing 13 points to the Nifty downside

– Titan, M&M and Sun Pharma are contributing 5 points to 6 points each

The Nifty 50 index has now slipped below the mark of 24,200.

From its intraday high of 24,400 the index has now slipped nearly 250 points.

The index is now down to levels of 24,150.

The Nifty Bank has cooled off over 600 points from the highs of the day, turning negative.

The Nifty Bank index is the biggest contributor to the Nifty giving up all of its gains on Thursday.

The Nifty Bank has again found resistance at the 56,800 mark.

The Nifty 50 index, having tested levels of 24,400 in early trading, has given up all of those gains and has turned negative intraday on Thursday.

– According to a MoneyControl report, Telangana High Court has ordered a CVC probe into Can Fin Homes’ “recruitment scam”.

– The CVC has been asked to look into a whistleblower complaint of malpractices in recruitments at the housing finance company.

– Whistleblower turned petitioner Manoj K Badal, an assistant general manager (HR) at Can Fin Homes Ltd., has alleged recruitment malpractices

– Stock fell as much as 2% before looking to recover from lower levels

– Nifty 50-DMA at 24,446

– Nifty IT 50-DMA at 31,764

– Nifty Bank 50-DMA at 57,243

– 24,400 Call, 24,300 Call, 24,300 Put are the active options in today’s trade

– Fresh longs seen in PFC, while fresh shorts in Astral and Supreme Industries

– Third straight day of gains

– Had snapped a six-day losing streak on Monday

– Fourth-best performing stock on Nifty 500 today

– 1.8 crore shares traded Vs 20-day average of 9 lakh

– Took support at 50-DMA during six-day fall before rebound

– Stock at 52-week high in today’s session

Working On A Concept Called Development Cum Production Partner Model

Under This Model, Handing Over Entire Missile Production To Private Cos

Private Companies Now Working Very Closely With DRDO In Making All The Systems

– Co Lowest Bidder For STP Contract Of Over ₹600 Crore In Saudi Arabia

– Alert: STP Is Sewage Treatment Plant

– Va Tech Also Lowest Bidder In Kuwait Worth ₹3,400 Crore In A JV With US Co

– Alert: CNBC-TV18 Has Reached Out To VA Tech Wabag, Response Awaited

– Alert: VA Tech’s Order Book At End Of Q3 Was ₹16,300 Crore

– Biggest single-day gain since July 2025

– Third straight day of gains

– Has gained in five out of last six sessions

– Stock has gained over ₹100 since the start of April

– 91 lakh shares traded so far Vs 20-day average of 11 lakh

– Stock at 52-Week High today

– US Dollar revenue seen 1.1% higher sequentially to $2,666 million

– Constant currency revenue growth seen between 0.4% and 0.5%

– Growth entirely attributable to the Harman DTS acquisition, which will continue to contribute

– EBIT margin seen at 17.1% from 17.6% in the previous quarter

– Small & midcaps have run up ahead of fundamentals

– I am NOT optimistic on small & midcaps

– As a category I feel large caps will outperform

– Markets in last 5 years has seen excesses at both ends moderating

– Valuation differential between large caps & midcaps / smallcaps is high, expect it to be bridged

– Over time, adoption of AI may actually become a tailwind for Indian IT companies

– Top loser on Nifty 500 index

– Fifth straight quarterly loss

– Q4 revenue down 70% sequentially and year-on-year

– FY26 revenue down nearly 90%

– Stock among worst performers on Smallcap index over last 12 months

– Biggest single-day gain since December 2020

– Has gained in three out of last four sessions

– 44 lakh shares already traded in first 30 minutes Vs 20-day average of 2 lakh

– Stock moves above 50-Day Moving Average at ₹239

– 13 out of 16 analysts covering the stock have a “buy” rating, two say “hold”, one has a “sell”

– Stock still down 38% from its 52-week high of ₹403

– Non-index midcap IT names seeing strong traction

– Firstsource Solutions up 14%, Sonata Software up 13%

– Both are the top two gainers on the Nifty 500 index

– Nifty IT index is the top sectoral gainer today

– All constituents of the index are trading with gains

– Coforge is the top gainer on the index with a 3.5% surge

– Infosys and TCS trading with gains between 1.5% to 2%

– Non-index, smaller IT names seeing greater quantum of gains

– More details on that in the next post

– Biggest single-day gain for the stock since August 2025

– Stock is the top gainer on the Nifty 500 index

– Second straight day of gains; Stock was up 5% on Wednesday as well

– Stock from ₹209 at March-end has gone up to ₹284 in today’s session

Shares of HDB Financial gained as much as 12% in early trading on Thursday.

The last instance of the stock gaining by this quantum was on the day of its listing, when it listed at a 13% debut to its issue price.

The stock is the top gainer on the Nifty 500 index today.

– Nifty has opened another 140 points higher

– 49 stocks on the index have opened with gains

– 97 stocks on the Nifty 100 index have opened higher

– 193 stocks on the Nifty 200 index have opened higher

– 479 stocks on the Nifty 500 index have opened higher as well

 

Rupee has opened stronger on Thursday in comparison to the US Dollar.

– Emkay has maintained its “buy” rating on Ather Energy

– Price target has been raised to ₹1,150 from ₹1,000

– Revised price target implies an upside potential of 32%

– Top pick with this space for Emkay

 

– Maintains “buy” rating

– Price target cut to ₹2,600 from ₹2,750

– Factoring in impact of geopolitical headwinds

– Cut EBITDA estimates by 3%to 7%

– Adani Airports facing NT traffic softness and delayed ramp-up

– Biggest single-day gain since March 2021

– Has gained in five out of last seven sessions

– Wednesday’s volumes the total of last 48 sessions together

– 6.95 crore shares traded Vs 20-day average of 13.54 lakh

– Only 4.5% of total shares traded marked for delivery

– Stock still down nearly 50% from its 2024 peak

– Nomura is “neutral” on HDB Financial with a price target of ₹740.

– ₹740 is also the issue price for HDB Financial

– Jefferies has maintained its “buy” rating with a price target of ₹845

– Motilal Oswal remains “neutral” but has raised its price target to ₹720 from ₹650 earlierNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.