Markets Dip at Noon: Nifty and Sensex Both Down Nearly 1%
Indian stock markets are experiencing a downturn at midday on February 24, 2026, with Nifty 50 down 0.93% and BSE Sensex falling 1.04%. Commercial Services, Energy, and Forest Materials sectors are the top losers, while Diamond, Gems and Jewellery, Printing & Stationery, and Banks show resilience. Notable corporate developments include leadership changes at Suzlon Energy and a conference call announcement by IDFC FIRST Bank.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are witnessing a downturn as of midday on February 24, 2026. Both major indices, the Nifty 50 and BSE Sensex, are trading in the red, reflecting a bearish sentiment in the market.
Key Index Performance
| Index | Current Price | Previous Close | Change | % Change |
|---|---|---|---|---|
| Nifty 50 | 25,473.45 | 25,713.00 | -239.55 | -0.93% |
| BSE Sensex | 82,432.50 | 83,294.66 | -862.16 | -1.04% |
Last Updated: 24/02/2026 12:00:10
Sectoral Performance
The market is experiencing a mixed bag of sector performances, with some sectors facing significant pressure while others show resilience.
Top Losing Sectors
- Commercial Services (Avg. Per Change: -20.17%)
- Energy (Avg. Per Change: -19.05%)
- Forest Materials (Avg. Per Change: -15.14%)
- Financial Services (Avg. Per Change: -14.15%)
- Textiles (Avg. Per Change: -13.69%)
Top Performing Sectors
- Diamond, Gems and Jewellery (Avg. Per Change: 0.65%)
- Printing & Stationery (Avg. Per Change: 0.52%)
- Banks (Avg. Per Change: 0.21%)
Buzzing Stocks
Several companies have made headlines with recent developments:
IDFC FIRST Bank: Scheduled a conference call for February 23, 2026, to discuss recent developments.
Suzlon Energy: Announced leadership changes, including the elevation of J.P. Chalasani to Group Executive Council and appointment of Ajay Kapur as Group CEO.
BLB Limited: ACN Financial Services Limited reduced its shareholding from 12.88% to 10.06%.
NCL Industries Limited: Announced a postal ballot for appointing Dr. Durga Prasad Subramanyam Anapindi as Independent Director.
Intellect Design Arena: Introduced Purple Fabric-driven enterprise security teams in collaboration with Idcube.
Akme Fintrade (India) Limited: Successfully passed a resolution to appoint Mr. Jinit Sureshkumar Jain as Executive Director.
Valencia India Limited: Appointed M/s. Panchal S K & Associates as statutory auditor for FY 2025-2026.
Conclusion
As the trading day progresses, the Indian markets are showing a downward trend with significant pressure on several key sectors. Investors are closely watching the performance of individual stocks and sector-specific movements in this volatile environment.
15
