Stock Market Today: Sensex Falls 641 Points to 73,464, Nifty Slips to 22,772, Kalyan Jewellers Rises 3%

Overview 

• Sensex and Nifty opened lower as global tensions and investor caution weighed on sentiment.

• Heavy selling by foreign investors continued, especially in financial stocks, putting pressure on the market.

• Kalyan Jewellers stood out with strong gains, supported by solid revenue growth despite overall weakness.

Indian stock market opened on a weak note on Tuesday. Major indices Sensex and Nifty started the day in the red zone. This fall came mainly because investors are worried about rising tensions between United States and Iran. There is also caution in the market as traders wait for Trump’s deadline related to Strait of Hormuz which is an important route for global oil supply.

At the time of writing BSE Sensex was down by 641.91 points or 0.87% at 73,464.94. It had fallen even more earlier in the day and dropped as much as 824 points during early trading hours. NSE Nifty also declined by 196.05 points or 0.85% to reach 22,772.20. During the session it touched a low of 22,719.30.

Heavy Selling in Key Stocks

Many big companies in Sensex saw their share prices fall. Eternal dropped by 2.11% to Rs 227.35. Interglobe Aviation which operates IndiGo declined by 1.91%. Other major companies like Mahindra & Mahindra (M&M), Larsen & Toubro (L&T) and Asian Paints also saw losses. M&M and L&T both fell by 1.91% and 1.66% respectively while Asian Paints dropped by 1.59%.

This shows that the selling pressure was spread across different sectors. Investors were not confident and preferred to stay cautious due to global uncertainty.

Kalyan Jewellers Stands Out

While most stocks were down Kalyan Jewellers India was one of the few companies that performed well. Its share price increased by 2.43% to Rs 430.65. This rise came after the company reported strong financial results.

The company’s consolidated revenue grew by 64% year-on-year in fourth quarter of FY26. This strong growth was mainly by high demand during festive and wedding seasons. This positive news helped the stock move up even when the overall market was weak.

Also Read - IPO vs FPO: What Every First-Time Investor Must Understand Before Applying

Foreign Investors Continue Selling

One of the main reasons behind the market decline is continuous selling by foreign investors. Foreign Portfolio Investors sold stocks worth a record Rs 122,182 crore in March. This selling trend has continued into April as well.

 Chief Investment Strategist at Geojit Investments Limited VK Vijayakumar said that financial stocks are the biggest part of FPI holdings in India. Most of the selling is happening in the financial sector. This heavy outflow of money is putting pressure on market and pulling indices down.

Mixed Signals from Asian Markets

Other Asian markets also showed mixed performance with a slightly negative trend. Japan’s Nikkei 225 fell by 0.17% to 53,323.41. On the other hand South Korea’s Kospi index rose by 0.42% to 5,473.03.

Hong Kong’s Hang Seng index declined by 0.70% to 25,116.53. This mixed movement shows that investors across Asia are also cautious and unsure due to global tensions and economic concerns.

Positive Closing in US Markets

US stock market ended on a positive note in the previous session despite worries in Asia and India. All three major indices closed higher.

S&P 500 gained 0.44% to close at 6,611.83. Dow Jones Industrial Average rose by 0.36% to 46,669.88. Nasdaq Composite also increased by 0.54% to end at 21,996.34.

This positive trend in US markets provided some support but it was not enough to lift Indian markets as local concerns remained strong.

Global Tensions Keep Investors Careful

The market is weak mainly for global uncertainty. The tension between US and Iran has made investors worried. Strait of Hormuz is very important for oil supply so any issue involving it can affect oil prices.

When such risks increase investors become careful. They avoid taking risks and sell stocks to keep their money safe. This causes the market to fall.

Also Read - Best Nuclear Stocks to Watch in April 2026: Top Picks

Final Thoughts

The stock market stayed under pressure due to both global and local reasons. Rising tensions, continuous selling by foreign investors and weak mood kept the market down.

Some stocks like Kalyan Jewellers did well but most stocks fell. The market will depend on global events and investor confidence. For now it may stay cautious.

FAQs

Why did the stock market fall today?

The market declined mainly due to rising US-Iran tensions and continued selling by foreign investors.

What happened to Sensex and Nifty today?

Sensex dropped over 600 points while Nifty fell nearly 200 points during early trading.

Which stocks were major losers?

Eternal, IndiGo, M&M, L&T, and Asian Paints were among the key stocks that declined.

Which stock performed well today?

Kalyan Jewellers gained over 2% after reporting strong quarterly revenue growth.

What are FPIs and why do they matter?

Foreign Portfolio Investors invest in Indian markets, and their large-scale buying or selling can strongly impact stock prices.