On April 23, 2026, the Indian stock market experienced a downturn as the Nifty 50 index dropped 198 points to close at 24,378. The BSE Sensex fell by 756 points, ending at 78,516, while the Bank Nifty index corrected by 247 points to finish at 57,124. The market sentiment was influenced by weak global cues and profit booking in IT, auto, banking, and financial sectors. Despite this, select stocks in the energy, FMCG, and real estate sectors showed resilience. Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, noted that the Nifty 50 is facing resistance around 24,500 and has strong support at 23,900. She anticipates a cautious market outlook with a gap-down opening as indicated by the Gift Nifty trading lower at 24,205. Parekh also provided recommendations for three stocks: Greenply, Aptech, and Edelweiss Financial Services, suggesting specific buy prices, targets, and stop-loss levels for each.