# The 50-stock Nifty declined 180.10 points or 0.74% to finish at 23,997.55.

*fintech · news · 2026-05-03 · The Economic Times*

## Key points

- Nifty closed just below 24,000, down 180.10 points, as oil prices rose and rupee weakened.
- India VIX volatility index fell by 5.86% to 18.46 despite sharp market declines.
- Syngene, Newgen Software, Bajaj Auto and others saw significant buying interest during heavy market volatility.
- 106 stocks hit 52-week highs, while 26 stocks reached 52-week lows on Thursday's session.
- A close below 23,800 on Nifty could trigger downside towards the 23,600 support level.

**Companies:** Reliance Industries, HDFC Bank, ICICI Bank, Infosys, Larsen & Toubro, Bajaj Finance, Syngene, Vodafone Idea, Bajaj Auto, Edelweiss Financial Services, HFCL
**Countries:** India, United Kingdom, France, Germany, Spain, United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/130731817.cms)

---

Canonical: https://newsio.io/n/e77cfe4b-af66-4260-9f35-0c29e20de4a1/the-50-stock-nifty-declined-180-10-points-or-0-74-to-finish-at-23997-55-sensex-p
Summarized by Newsio from The Economic Times. https://newsio.io/how-it-works