NIFTY50 Slips 140 Points from Day’s High; Reliance, SBI and ICICI Bank Among Top Draggers on August 24, 2026

Written by: Team Angel OneUpdated on: 24 Aug 2026, 8:05 pm IST

The NIFTY50 index opened higher and crossed the 24,300 mark but failed to sustain gains as profit booking emerged at higher levels.

NIFTY50 Slips 140 Points from Day’s High

On Monday, August 24, 2026, the NIFTY50 index opened in the green and moved above the 24,300 mark to register an intraday high of 24,313. However, at higher levels, the index failed to sustain momentum as profit booking emerged, leading to a decline of nearly 140 points from the day’s high. As of 1:55 PM, the NIFTY50 index was trading at 24,160 down by 90 points or 0.38%.

NIFTY50 Index Performance

The NIFTY50 index opened August 24, 2026, session at 24,285. It marked an intraday high of 24,313 and low of 24,152. The index is currently down by 0.38% trading at 24,160.

Key Draggers and Puller for NIFTY50 on August 24, 2026

Reliance Industries, SBI, ICICI Bank, Axis Bank and Bajaj Finance were the top 5 draggers for the NIFTY50 index on August 24, 2026.

Among the top pullers were Infosys, Hindalco, HCL Tech, Tata Steel and JSW Steel.

Advance Decline Ratio of NIFTY50 on August 24, 2026

The advance decline ratio for the NIFTY50 index was titled in favour of declining stocks, with 35 constituents out of the 50 were trading in the red, while 15 were trading in the green.

Sectoral Performance: Majority of Sectors were in Red

On Monday, August 24, 2026, most key sectors were seen trading in the red, led by Nifty PSU Bank Index, which declined 1.25% followed by Nifty Bank, which fell by 0.74%. On the other hand, the Nifty Metal index rose by 1.01%, while the Nifty Realty was up by 0.29%.

Conclusion

The NIFTY50 index has slipped over 140 points from the day’s high to trade below the level of 24,200 dragged by Reliance Industries, SBI, ICICI Bank, Axis Bank and Bajaj Finance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 24, 2026, 2:35 PM IST

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