Sensex Plunges Over 800 Points; Tech Stocks Drag Market Down Amid Mixed Q4 Results

The Indian equity markets experienced a brutal trading session today, April 24, 2026, as benchmark indices faced severe selling pressure right from the opening bell. The BSE Sensex plunged by over 800 points, decisively breaking crucial support levels, while the NSE Nifty dragged heavily into the red, sliding below the 24,200 mark. The massive market fall was primarily spearheaded by heavy sell-offs in the IT sector, reacting negatively to mixed Q4 earnings and highly cautious forward guidance from industry leaders.

Infosys shares were at the center of the storm, dropping significantly after announcing a hefty ₹52 crore stock award for CEO Salil Parekh, which cautious investors weighed against softer-than-expected revenue margins. On the other hand, select pockets showed remarkable resilience. Gainers for the day included legacy infrastructure and defense stocks, which continued to benefit from steady government order books. However, top losers were concentrated in the tech and banking sectors, with major private lenders tracking the broader negative sentiment.

Market analysts attribute today's bearish momentum to a combination of heavy profit-booking at higher valuations, lingering geopolitical uncertainties, and shifting global capital flows. Furthermore, the recent rollout of SEBI's 'Sarthi' app dominated regulatory discussions, though it did little to immediately soothe retail investor panic. As the Q4 earnings season matures, experts are advising high caution and strict stop-losses, particularly in highly volatile mid-cap tech segments.