Stock markets close lower on profit-taking in financial shares

Stock markets closed little successful a volatile league connected Thursday (April 16, 2026), with the benchmark Sensex declining by 122 points and Nifty closing beneath 24,200, dragged by profit-taking successful banking and fiscal shares aft a caller crisp rally.

Erasing its aboriginal gains, the 30-share BSE Sensex declined 122.56 points oregon 0.16% to settee astatine 77,988.68. The scale opened higher and deed a precocious of 78,730.32 successful late-morning trading. However, profit-taking emerged astatine higher levels, dragging the scale down to a debased of 77,674.93. The scale gyrated 1,055.39 points during the session.