Stock market today, April 30 -- The domestic benchmark indices, Nifty 50 and Sensex, began Thursday, April 30, on a negative note, as a significant increase in oil prices weakened investor sentiment and overshadowed the positive outlook from corporate earnings. The Nifty 50 fell by 1.16% to 23,898.70, while the BSE Sensex decreased by 1.17% to 76,578.87 as of 9:23 IST.

Selling pressure was widespread, with all 16 sector indices experiencing losses. The overall market also declined, as mid-cap stocks dropped by 1.2% and small-cap stocks decreased by 0.7%. Oil prices played a significant role in dampening sentiment. Brent crude prices surged to approximately $123 per barrel following Donald Trump's discussions with oil companies regarding ...