Market Rollercoaster: Sensex, Nifty End Turbulent Week Lower Despite Friday Rebound

Mumbai experienced a turbulent week for Indian equities from August 24-28, 2026, driven by factors including crude oil prices, US-Iran tensions, global interest rates, and market movements around the Closing Auction Session (CAS). The Sensex and Nifty saw their third consecutive weekly decline.

On Monday, August 24, the Sensex opened at 77,629.56 and the Nifty started at 24,285.05. Later, selling pressure dragged the Sensex 171.72 points lower to 77,369.11 and the Nifty down 32.95 points to 24,219.05. Notable gainers included JSW Steel, Infosys, and Hindalco, while SBI Life, LIC, and Adani Ports were among the losers.

Tuesday saw a rebound as the Nifty opened lower at 24,175.75, while the Sensex began close to the previous closing level before slipping. Gains were seen in Adani Enterprises, Max Healthcare, and Apollo Hospitals, while HDFC Life, LIC, and Hindustan Copper were among the losers.

On Wednesday, August 26, early gains for both indices faded. The Sensex opened at 77,892.10 and the Nifty at 24,341.95, but saw a decline of 183.15 points to 77,472.94 and 126.80 points to 24,207.75, respectively. TCS and Tech Mahindra were among the gainers, while Bharti Airtel, Power Grid, and Infosys were among the losers.

Thursday witnessed a sharp sell-off as the Sensex opened higher at 77,576.76 and the Nifty began at 24,277.60. Late selling pushed the Sensex down 539.35 points to 76,933.59 and the Nifty fell 116.90 points to 24,090.85. Adani Enterprises and Kotak Mahindra Bank were among the gainers, while Hindalco, HDFC Bank, and M&M FPJ were among the losers.

Friday marked a recovery for IT stocks, with the Sensex opening at 77,128.05 and the Nifty at 24,122.60. The Sensex recovered 330.92 points to close at 77,264.51, while the Nifty gained 84.80 points to 24,175.65, ending a two-day losing streak. TCS, Tech Mahindra, and Infosys led the gains, while ICICI Bank, Shriram Finance, and Asian Paints were among the losers.