Stock Market

Indian equity benchmarks closed lower on Thursday after a volatile trading session marked by persistent foreign institutional investor outflows and rising geopolitical uncertainty. The BSE Sensex declined 114 points to settle at 77,844.52, while the NIFTY 50 ended marginally lower at 24,326.65. Markets swung sharply during intra-day trade as investors reacted cautiously to global risk factors, fluctuating sentiment, and concerns surrounding capital flows.

Maruti Suzuki India witnessed a notable rally in its stock price following the announcement of record financial performance for FY26. Shares climbed nearly 3 percent, supported by robust annual sales exceeding 24.22 lakh units and a marginal rise in net profit to Rs 14,679.5 crore. The company’s market capitalization expanded by over Rs 11,422 crore, reflecting sustained investor confidence. A reduction in GST rates further bolstered demand, positioning the automaker for continued growth.

Indian equity markets witnessed a sharp downturn, eroding Rs. 8.86 lakh crore in investor wealth amid escalating geopolitical tensions in West Asia and a surge in global crude oil prices. Benchmark indices declined over 2 percent, reflecting heightened risk aversion among investors. The selloff was exacerbated by sustained foreign capital outflows, currency depreciation, and concerns over inflationary pressures linked to elevated oil prices. Blue-chip stocks led the decline, underscoring the breadth of the market correction.

Indian equity markets witnessed a steep decline as benchmark indices BSE Sensex and NSE Nifty 50 plunged amid escalating geopolitical tensions in the Middle East. Investor sentiment weakened due to surging crude oil prices, persistent foreign capital outflows, and depreciation in the rupee. The downturn reflects broader global market instability, with risk aversion dominating trading behavior. Analysts indicate that continued uncertainty in international markets, coupled with macroeconomic pressures, could sustain volatility in the near term.

India’s benchmark equity indices ended modestly higher after a volatile trading session, with the Sensex and Nifty gaining around 0.5 per cent. Early optimism drove sharp intra-day rallies, but gains were pared as concerns over rising fuel-driven inflation tempered investor sentiment.

HDFC Bank witnessed a sharp decline in its share price following the sudden resignation of its chairman, Atanu Chakraborty, who stepped down citing ethical concerns. The development unsettled investor sentiment, leading to a steep erosion in market capitalization and dragging benchmark indices lower. The stock fell to its 52-week low, reflecting heightened uncertainty around governance and leadership continuity.

The initial public offering (IPO) of Central Mine Planning and Design Institute Ltd (CMPDIL), a subsidiary of Coal India, opened to a subdued response, achieving 7 percent subscription on its first day. The Rs 1,842 crore issue, priced in the band of Rs 163–Rs 172 per share, has attracted moderate participation across investor categories, with retail investors leading early demand. 

India’s equity markets witnessed a sharp downturn as investor wealth eroded by Rs. 12.87 lakh crore in a single trading session, reflecting heightened global uncertainty and rising energy prices. The benchmark BSE Sensex plunged over 3 percent, marking its steepest decline in nearly two years. The sell-off was triggered by escalating geopolitical tensions in West Asia, which drove crude oil prices sharply higher, intensifying inflationary concerns.

Powerica Ltd is set to launch its initial public offering (IPO) on March 24, aiming to raise approximately Rs. 1,000 crore to primarily reduce debt and enhance financial stability. The offering includes a fresh issue of Rs. 700 crore and an offer for sale (OFS) of Rs. 300 crore by promoter entities. With a price band of Rs. 375–395 per share, the IPO values the company at nearly Rs. 5,000 crore. The move reflects a strategic effort to optimize capital structure while positioning the company for sustained growth in India’s evolving power solutions market.

India’s equity markets experienced a turbulent week, with the benchmark BSE Sensex falling 4,354.98 points (5.51%) and the NSE Nifty 50 dropping 1,299.35 points (5.31%). Investor sentiment was dampened by rising crude oil prices, escalating inflation concerns, and geopolitical tensions in West Asia. The combined market capitalisation of India’s top 10 companies shrank by Rs 4.48 lakh crore, with HDFC Bank witnessing a decline of Rs 61,715 crore, making it one of the biggest losers.