Markets slump for 3rd day on surging oil prices, massive selling in IT stocks; Sensex drops 1k points
From the Sensex constituents, Infosys dived 7.09% after its revenue growth forecast for FY27 came in lower than market expectations.
| Photo Credit: Reuters
Equity benchmark indices Sensex and Nifty tumbled over 1% on Friday (April 24, 2026), falling for the third consecutive day, as a sharp rally in crude prices and massive selling in IT counters weighed heavily on investors’ sentiment.
Unabated foreign fund outflows, a negative trend in global markets amid prolonged conflict and continued disruption in the Strait of Hormuz added to the gloom.
Published – April 24, 2026 05:25 pm IST
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