Stock market recap, April 17 -- Following a strong relief rally in the previous session, Indian equity benchmarks consolidated on Thursday, April 16, 2026, as investors paused to assess the durability of easing geopolitical tensions. The Nifty 50 closed marginally lower at 24,196.75, down 34.55 points (0.14%), while the Sensex ended about 80 points lower, mirroring the cautious tone.

Despite the slight dip in headline indices, broader market sentiment remained resilient, as reflected in a healthy advance-decline ratio of 2:1, with 2,147 stocks advancing and 1,089 declining.

Among sectors, Nifty Metal led gains with a 1.53% rise, followed by IT and Media, which saw buying interest on supportive global cues. Private banks and auto stocks,...