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Market slumps as crude spikes and Fed turns hawkish HDFC Bank Infosys Adani Total move sharply
Economy
Published on 24 April 2026

A hawkish Fed and crude surge pushed sector selling
Stocks ended a turbulent session lower as soaring crude prices and a hawkish Federal Reserve rattled risk appetite. Against this backdrop, individual movers stood out, with HDFC Bank, Adani Total Gas, and Infosys seeing notable share action. Sector-wide selling in autos and IT compounded pressure, widening the gap between gainers and losers.
- Crude oil surge and a hawkish Fed weighed on markets
- HDFC Bank, Adani Total Gas, and Infosys were among top movers
- Sector-wide selling hit autos and IT hard
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
