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Sensex today | Stock Market Highlights: Markets slip for 4th straight day as crude rises; Sensex drops 363 pts, Nifty ends below 23,870
market · Hindu BusinessLine · 23 Jul 2026

Sensex today | Stock Market Highlights: Markets slip for 4th straight day as crude rises; Sensex drops 363 pts, Nifty ends below 23,870

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The Sensex and Nifty 50 indices fell for the fourth consecutive session, driven down by a significant rise in crude oil prices due to escalating tensions in West Asia. The Sensex dropped 363.66 points to close at 76,391.39, while the Nifty fell 126.65 points to end at 23,869.60. Major laggards included Adani Ports and Bajaj Finance, while Mahindra & Mahindra and Tata Consultancy Services saw gains.

Sensex Today, Nifty 50 | Stock Market Highlights - Find here all the key highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for July 23, 2026.

Market benchmark indices Sensex and Nifty ended lower on Thursday, extending losses for the fourth straight session, as a sharp jump in crude oil prices due to escalating tensions in West Asia weighed on investor sentiment.

The 30-share BSE Sensex declined 363.66 points, or 0.47 per cent, to settle at 76,391.39. During the day, it tanked 603.07 points, or 0.78 per cent, to 76,151.98.

The 50-share NSE Nifty dipped 126.65 points, or 0.53 per cent, to end at 23,869.60.

From the Sensex pack, Adani Ports, Bajaj Finance, InterGlobe Aviation, Axis Bank, State Bank of India and Tata Steel were among the major laggards.

Mahindra & Mahindra, Tata Consultancy Services, Eternal and Bajaj Finserv were among the winners from the pack.

Brent crude, the global oil benchmark, jumped 4.52 per cent to $98.32 per barrel.

Aastha Spintex has approved a 1:1 bonus issue, proposed a FY26 dividend and raised authorised capital to Rs 100 crore to support future growth and expansion.

India is strengthening its aircraft MRO sector through tax reforms, policy support and infrastructure incentives to attract investment and become a global MRO hub.

Loss narrowed from Rs 2662.1 crore recorded in March 2026 quarter.

The government says household PNG prices remain stable despite higher LNG costs, with over 1.7 crore PNG connections supported by expanded city gas networks.

India's food processing PLI scheme has attracted ₹9,207 crore in investment, created 3.35 lakh jobs and boosted exports, processing capacity and value addition.

Brent crude nears $100 amid West Asia tensions, with analysts warning of higher inflation, a wider current account deficit and slower GDP growth for India.

ITC expects India's FMCG market to reach Rs 8 lakh crore by 2035, betting on AI, digital commerce, premium brands and acquisitions to drive growth.

The Finance Committee of the board approved a proposal to raise funds by issuance of up to 5,00,000 non-convertible, non-cumulative debentures of ₹1,00,000 each

Follow businessline’s Q1 results live here.

Catch all the latest action on corporate results here

Having made inroads in Mumbai, Fredna Dental Systems, part of Fredun Pharmaceuticals, plans to launch its technology-driven complete dental care services in Pune, Bengaluru, Hyderabad and Delhi-NCR.

Fredna Dental Systems expands its technology-driven dental care services to Pune, Bengaluru, Hyderabad, and Delhi-NCR following Mumbai's success.

Coromandel International reported a standalone PAT of Rs 376.96 crore in Q1FY27 as against Rs 508.23 crore in Q1FY26. The board has approved conversion of loan value amounting to about Rs. 108 crore to equity shares of face value of Rs. 10 each of Coromandel Chemicals Ltd, a wholly-owned subsidiary of the company, at an issue price of Rs. 39.95/- per equity share. It has approved the restructuring of loans amounting to $9.70 million, that has been given to Baobab Mining and Chemicals Corporation S A (BMCC), a step-down subsidiary of the company, held through Coromandel Chemicals Ltd (CCL) into equity or preference shares with optionality or such other instruments, as may be mutually agreed.

Shares down 1% to Rs 2,016.50 on the NSE.

EBITDA Margin 32.58% vs 27.85% YoY & 29.20% QoQ

Tanla Platforms traded 8% higher at Rs 607.10 on the NSE at 2.17 pm, hitting a high of Rs 656 from the previous close of Rs 561.60.

It posted standalone PAT of Rs 80.19 cr in Q1FY27 as against Rs 52.27 crore in Q1FY26.

Gandhar Oil Refinery (India) shares traded 20% higher at Rs 282.98, after hitting a fresh 52-week high of Rs 283.42 on the NSE.

Its standalone PAT jumped to Rs 178.82 crore in Q1FY27 as against Rs 26.22 crore in Q1FY26

Board declared interim dividend of Rs 2 per share.

Nitco has received an order from the Pollution Control Commit...

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