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Sensex today | Stock Market LIVE: Sensex falls 295 points, Nifty slips below 24,300 in early trade

The Hindu BusinessLine
Sensex today | Stock Market LIVE: Sensex falls 295 points, Nifty slips below 24,300 in early trade

Sensex Today, Nifty 50 | Stock Market Live updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 17th August 2026.

“Investor attention in the coming week is likely to remain firmly focused on developments surrounding the Strait of Hormuz and the broader U.S.–Iran standoff,” said Ponmudi R, CEO - Enrich Money. Shipping disruptions through the Strait of Hormuz continue to sustain a geopolitical risk premium in energy markets, making developments in the region the principal driver of global risk sentiment, he said.

Markets closed the week on a cautious note Friday, with the Nifty 50 falling for the fourth consecutive session as elevated crude oil prices and escalating geopolitical tensions in the West Asia kept investor appetite suppressed, even as Wall Street logged record closes overnight.

The Nifty 50 settled at 24,366, down 29.85 points or 0.12 per cent, while the BSE Sensex declined 70.71 points or 0.09 per cent to close at 78,009. The index ended the week 0.83 per cent lower, oscillating within a narrow 100-point band through the session before a modest 10-point recovery during the Closing Auction Session limited further damage.

​Lalithaa Jewellery’s 1,700-crore IPO opens today at ₹190-201 price bandLalithaa Jewellery Mart Ltd ’s ₹1,700-crore initial public offering opens today at a price band of ₹190- ₹201 and closes on Wednesday. The IPO is a fresh issue of up to ₹1200 crore and an offer-for-sale up to ₹500.00 crore by promoter of the company, M Kiran Kumar Jain.

The Valkyrie Bitcoin Miners ETF (WGMI) has surged nearly 97% over the past year, even as Bitcoin has fallen 46%. The sharp divergence reflects how Bitcoin miners are changing their business models, with companies such as Riot, Core Scientific and IREN increasingly signing AI and data-center deals. As a result, WGMI is no longer behaving like a simple leveraged bet on Bitcoin and is becoming increasingly tied to the broader AI infrastructure and data-center trend. Meanwhile, Bitcoin edged higher from its weekly lows after U.S. July PPI data came in softer than expected. Producer prices rose 4.7% year-over-year, below the 4.9% forecast, while the monthly increase was 0.2%. The cooler inflation reading reduced expectations of further Fed tightening, supporting U.S. equities and giving Bitcoin some room to recover.

Bitcoin after making the all time high of $126,199 witnessed a sharp fall. The price corrected almost by 52% and made a low of $60,000. Post this move, the asset gave a relief rally up to $82,850. However, the bulls failed to manage the grip on the asset and the prices witnessed another correction making a recent low of $57,800. Currently, BTC is consolidating and trading in a range from $61,000 to $66,500 with declining volumes. Breakouts on either side of the range with good volumes will further decide the trend for the asset.

The geopolitical tensions in the Middle East remain elevated this week, impacting crude oil and global commodity prices. Inflation numbers cooled slightly in both India and the US. While overall inflation remained at elevated levels, the relatively flat readings supported the case for stable policy rates in the near term. Lower-than-expected payroll numbers also reduced expectations of a rate hike by the Fed, which supported capital flows into emerging markets. FII activity over the past 2–3 weeks has remained supportive of the Indian market across capitalisations. We believe these fund flows could help resolve mispricing across sectors such as financials, infrastructure, business services, power and select capital goods, where earnings visibility and structural growth drivers remain encouraging.

Gold approaches $4,400 as traders analyze the Federal Reserve's interest-rate strategy amid cooling economic indicators.

Top gainers of Nifty 50: Hindalco (+1.02%), Eicher Motors (+0.99%), M&M (+0.65%), Apollo Hospitals (+0.60%)

Sensex fell 295.50 pts or 0.38% to 77,713.75 at 9.16 am after opening at 77,892.92 from the previous close of 78,009.25. Nitfy 50 depreciated 67.85 pts or 0.28% to 24,298.15.

The dollar weakened against most of its major peers after weak US economic data reduced bets on a Federal Reserve interest-rate hike next month.

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Sensex today | Stock Market LIVE: Sensex falls 295 points, Nifty slips below 24,300 in early trade