Stock Market Highlights: The Nifty50 and the Sensex ended on a negative note amid weak global cues and high oil prices. While the Sensex setlled at 72,696.39, over 1,800 points, Nifty50 was down over 600 points at 22,512.65.
As of 3:00 pm, the Nifty50 was trading 502.90 points or 2.18 per cent down at 22,611.60, and the Sensex was trading 2.01 per cent or 1,497.58 points down at 73,038.46. Meanwhile, during the day, the rupee fell to 94 against the dollar.
Earlier, Asian markets also declined. Japan's Nikkei 225 and South Korea's Kospi were trading 3.3 per cent and 4.6 per cent down, respectively. Last Friday, the S&P 500 and the Dow Jones Industrial Average ended 1.51 per cent and 0.96 per cent down, respectively.
Stock Market Today, Sensex, Nifty, BSE, NSE, Share Prices Highlights:
Stock Market Highlights: Investors Lose Rs 15 Lakh Crore In A Day
At the close on Friday, BSE Market Cap was Rs 4.29 trillion. At the close on Monday, it fell down to Rs 4.14 trillion.
Stock Market LIVE: European Shares Skid To Four-Month Low
European shares fell to a four-month low on Monday, led by the defense sector, as a spike in crude prices prompted investors to factor in potential inflation pressures with the Middle East conflict intensifying.
Share Market News: Check Top BSE Sensex Gainers/Losers
Flight Cancelled Due To War? Why Your Travel Insurance May Not Pay
Flight disruptions triggered by the ongoing Iran-US conflict are leaving thousands of passengers stranded, and many of them are learning a costly lesson about the limits of their travel insurance. Read full report here
Stock Market LIVE Updates: Nifty, Sensex Off Day's Low
The Nifty50 was trading 2.14 per cent or 494.25 points down at 22,620.25. The Sensex was trading 1.91 per cent or 1,422 points down at 73,110.86.
Stock Market LIVE Updates: India focused on ensuring enough petrol, diesal supply from Hormuz, says PM Modi
India is dependent on supplies of crude oil, gas, diesal from the affected region. The country held talks with the leaders of Gulf nations, Prime Minister Narendra Modi said in his Lok Sabha address. The Government is ensuring continuous supply of oil and gas from the Strait of Hormuz.
Stock Market LIVE Updates: Check 2 pm Market Update
At 2 pm, the Nifty50 was trading 510.30 points or 2.21 per cent down at 22,609, and the Sensex was trading 1,516.11 points or 2.03 per cent down at 73,016.85.
Stock Market LIVE Updates: Petronet LNG Drops 8%
Petronet LNG shares slipped 8.5 per cent in trade on the BSE, logging an intra-day low at Rs 235.45 per share.
Stock Markets LIVE: Japan's Nikkei Declines
Japan's stocks and bonds sank to multi-month lows on Monday as an escalation in the Middle East war stoked inflation fears and concerns over an economic slowdown. The Nikkei slumped as much as 5 per cent earlier in the session, wiping out the gains it made this year. The index ended 3.48 per cent lower at 51,515.04. The broader Topix was down 3.41 per cent at 3,486.44. Both indexes ended at their lowest close since January 8.
Stock Market LIVE Updates: PSU Bank Stocks Under Pressure
The Nifty PSU Bank was the second worst performer among sectoral indices. UCO Bank and Punjab and Sindh Bank were the top oser in the index.
Stock Market LIVE Updates: Check 1 PM market update
As of 1:03 pm, the Nifty50 was trading 2.56 per cent or 592.20 points down at 22,522.30, and the Sensex was trading 1,951.46 points or 2.62 per cent down at 72,581.50.
Stock Market LIVE Updates: Brent crude inches toward $110
Brent crude's April future contract was quoting at $109.19 per barrel, up 2.57 per cent as of 12:57 pm in the Intercontinental Exchange.
Stock Market LIVE Updates: India VIX surges over 18%
Sensex, Nifty Today: The Nifty India volatility index jumped 18.5 per cent to 27.03.
In 3 Hours, Gold & Silver Erase $2 Trillion (Combined) In Market Cap
Something very strange is happening in precious metals right now:
— The Kobeissi Letter (@KobeissiLetter) March 23, 2026
In just 3 hours, gold and silver just erased a combined -$2 TRILLION in market cap.
Meanwhile, oil prices have erased their gains on the day and US stock market futures are nearly green.
Since the Iran War… pic.twitter.com/zP43wSr9wE
Stock Market LIVE Updates: Silver, Gold Prices Sink On MCX
Precious metals are seeing a one-way slide on the MCX today. Silver futures of MCX, for May expiry, are down 8.9 per cent to Rs 2,06,428 per kg-mark. Gold futures for April delivery, on the other hand, are down over 6 per cent to Rs 1,35,100 per 10 grams.
Share Market News: Bitcoin falls amid US-Iran tensions; over $240M in long positions wiped out
Bitcoin fell below $70,000 to around $68,000 amid rising geopolitical tensions, triggering heavy liquidations in the market.
Sensex, Nifty News: Check NSE Nifty50 Gainers
Stock Market LIVE Updates: Metal Stocks Decline
The Nifty Metal index was the worst-hit among sectoral indices. The index fell over 4 per cent Hindustan Copper and NMDC were the top loser in the index.
Stock Market LIVE Updates: Check 11 am Market Update
At 11 AM, the Nifty50 was trading 2.57 per cent or 594.45 points down at 22,520.05, and the Sensex was trading 2.51 per cent or 1,872.76 points down at 72,660.20
Investors Lose Rs 12 Lakh Crore In An Hour: Why Are Markets Crashing Today
Indian benchmark indices -- both Sensex and Nifty -- opened in deep red on Monday as the Iran war shows no signs of de-escalation while there has been no clarity on the opening of the critical Strait of Hormuz for oil tankers. Read full report here
Stock Market LIVE Updates: Rupee breaches 94 against US dollar
The rupee depreciated beyond the psychologically crucial level of 94 against the US dollar in Monday's session. The domestic unit settled at 93.71 a dollar on Friday.
Stock Market LIVE Updates: Rs 11.78 trillion wealth eroded as market rout deepens
The market-cap of all BSE-listed companies declined ₹11.78 trillion to ₹416.98 trillion as of 10:23 AM, as compared to ₹428.76 trillion at Friday's close.
Fertiliser imports at risk ahead of sowing season: CareEdge Report
India's fertiliser imports are threatened by Middle East conflicts, risking agricultural output ahead of the Kharif sowing season, warns CareEdge.
Stock Market LIVE Updates: Check 10 am market update
At 10 am, the Nifty50 was trading 500.40 points or 2.12 per cent down at 22,623.85, and the Sensex was trading 2.17 per cent or 1,618.42 points down at 72,930.21.
Sensex, Nifty Live News: India VIX Jumps 11%
The NSE Nifty India Volatility index jumped 10.96 per cent to 25.31, indicating a sudden spike in uncertainty among investors.
Stock Market News: ONGC, Only Gainer In Nifty 50
ONGC was the only stock trading higher in the Nifty 50. The broader index remained under pressure, with the rest of the Nifty constituents trading lower.
Gold Price Drops To 4-Month Low, Silver Lose 3%: Check Rates In Your City
Gold prices in the international market have extended losses, slipping to a nearly four-month low. Spot gold dropped over 3 per cent to around $4,340 per ounce. Read full report here
Stock Market LIVE Updates: Investors lose Rs 7.3 trillion in wealth as US-Iran tension heightens
Investors lost Rs 7.33 trillion in wealth shortly after the Sensex and the Nifty50 plunged, tracking negative global cues amid heightening tension between the US and Iran. The market-cap of all the BSE-listed companies was at Rs 421.43 trillion as of 9:25 am, as against Rs 428.78 trillion market-cap at Friday's close.
Stock Market News: Expert View By InvestorAi
InvestorAi Strategic View
The Thesis
The energy thesis has intensified over the weekend. Trump's 48-hour ultimatum to Iran - reopen Hormuz or face strikes on power plants - has pushed the conflict into its most dangerous phase yet. Iran responded by hitting southern Israel for the first time near its nuclear facilities, injuring over 100 in Dimona and Arad, and Iranian drones struck Kuwait's Mina al-Ahmadi refinery. Brent has pushed above $112 and Saudi Arabia intercepted missiles over Riyadh. GIFT Nifty is signalling a 350-point gap-down open today, with Asian markets in freefall (Nikkei -3.3%, Kospi -4.6%). India VIX closed Friday at 22.8 but expect a sharp spike at open.
Where We're Concentrated
Energy remains the dominant theme, and the weekend news validates the positioning. Downstream oil marketing companies benefit from inventory gains as crude reprices higher. Commodities (HINDALCO) and exchanges (MCX) form the secondary cluster - both thrive in a high-volatility, supply-disrupted environment. The risk scenario has shifted: it is no longer about whether Hormuz reopens, but whether the conflict expands to regional energy infrastructure. If Trump follows through on the power plant threat and Iran retaliates against Gulf facilities, crude could breach $130. FIIs sold ₹5,518 Cr on Friday with DIIs absorbing ₹5,706 Cr, but expect the FII exodus to accelerate today given the US sell-off (S&P -1.5%, VIX up 11% to 26.78).
Conviction Picks
HINDPETRO Highest Conviction
Refining margins are expanding as Hormuz disruption tightens product supply globally. The Kuwait refinery strike over the weekend removes further regional capacity, strengthening HPCL's domestic pricing power.
IOC High Conviction
Diversified across refining, petrochemicals, and gas distribution. India's agreement to halt Russian oil imports as part of the US trade deal makes domestic refiners with diversified crude sourcing more strategically valuable.
MCX
Commodity exchanges are the direct beneficiary of this volatility regime. With crude above $112, gold elevated, and VIX spiking, trading volumes and hedging activity will surge - all revenue for MCX.
HINDALCO
Global aluminium supply chains are under stress from the broader Middle East disruption. Dollar-denominated Novelis earnings provide a natural hedge as the rupee weakens (USD/INR above 93.5).
MPHASIS
The contrarian pick in the book - a quality mid-cap IT name being bought while the market sells financials. Accenture's strong earnings on Thursday provided a sector catalyst. Defensive earnings profile stands out in a risk-off market.
One Thing to Watch
Trump's 48-hour deadline expires Monday evening. If the US strikes Iranian power plants, Tehran has explicitly warned Hormuz will be "completely closed" and regional energy infrastructure will be "irreversibly destroyed." This is the single most consequential trigger for global markets this week. A strike means crude above $130 and a potential circuit-breaker day in Indian markets. A diplomatic offramp - however unlikely - collapses oil below $95 and triggers a sharp relief rally. Position accordingly.
No AI, No FPI? Why Foreign Investors Are Pulling Out Of Indian Markets
In fact, in the first half of March alone, overseas investors pulled out over Rs 31,000 crore from financial services, according to data from Nomura. Read full report here
Share Market News: Gold, Silver Open Lower
Gold on MCX opens with a cut of 5 per cent, Silver opens with a cut of 6 per cent.
Sensex, Nifty News: All Sectors Open In Red
Sectorally, Nifty PSU Bank, Auto, Financial Services, Realty, and Consumer Durables fell over 2 per cent each. In the broader markets, the Nifty Midcap 100 was down 2.02 per cent, while the Nifty Smallcap 100 fell 2.22 per cent.
Stock Market Live: All BSE Sensex Participants In Red
Stock Market LIVE Updates: Rupee opens at fresh low against US dollar
The rupee opened 12 paise lower at a new low of 93.83 against the US dollar on Monday. The domestic unit settled at 93.71 against the greenback on Friday.
Stock Market LIVE Updates: Hormuz open to all except those who 'violate' Iranian soil, says Iran President
Iranian President Masoud Pezeshkian on Sunday took a jab at US President Donald Trump's statement and said that the illusion of erasing Iran from the map shows desperation against the will of a history-making nation.
Stock Market Live: Asian Shares Fall
- Japan's Nikkei 225 fell nearly 5%, while the Topix dropped 4.4%.
- South Korea's Kospi fell more than 6%; the exchange briefly suspended trading after Kospi 200 futures fell over 5%.
- Australia's S&P/ASX 200 declined 2.4%, while Hong Kong's Hang Seng Index fell nearly 2% at the open.
Stock Market Today: Check Outlook Today
- Domestic equities are expected to open gap-down (over 300 points decline indicated by Gift Nifty) amid escalating US-Iran tensions.
- Key Concerns
- Brent crude above $110/bbl (4-year high)
- INR nearing 94/USD
- Continued heavy FII selling (₹80,000 crore this month)
- Weak global cues across US and Asian markets
- Rising inflation concerns → Possible delay in US Fed rate cuts
- Strategy
- Expect high volatility in the near term
- Avoid aggressive buying at dips
- Prefer selective and defensive positioning until:
- Geopolitical tensions ease
- FII outflows slow
Share Market Today: GIFT Nifty Indicates Gap-Down Opening For D-Street
GIFT Nifty traded at 22,801.50 in early action. This compares with the Nifty's Friday close of 23,114.50.
Stock Market LIVE: Check Expert View By Akshay Chinchalkar
Akshay Chinchalkar, Managing Partner and Head of Markets Strategy at the Wealth Company
Over to stocks, and the nifty closed 0.5% up at 23114, but not before giving up a reasonable amount of intraday gains. The India VIX finished flat. Mid- and small caps rose more than the nifty. Nearly three stocks rose for every stock that fell on the Nifty 500. Seven of the 12 NSE sectors advanced, with IT stocks rising 2.2% and becoming the day's best performers. Realty stocks fell the most, dropping 0.9%. Speaking nifty stocks, JSW Steel was the day's best stock with a 3.4% gain while Hindalco was the worst as it fell 2.5%. Technically speaking, Friday's candle became an "inverted hammer" with a long upper shadow which means sellers remain active near 23350. Unless the market is able to break through this area, the trend will remain weak.
Immediate resistance lies in the 23345 - 23379 zone, while support lies between 22680 and 22923.
Talking flows, based on provisional data, foreigners withdrew over 5500 cr while domestic players invested around 5700 cr. FIIs have now withdrawn money for 16 straight days through Friday.
