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Full issue · 2026-03-10

Market Pulse: 10 March 2026 - Pre-Market Update

Market Pulse - Tuesday, 10 March, 2026
Nifty 24,028.05 (-1.73%) • FII Sold ₹6,345.57 Cr
Market Pulse Tuesday, 10 March, 2026
Market Snapshot
📊
Nifty 50
24,028.05
-1.73%
📈
Sensex
77,566.16
-1.71%
🏦
Bank Nifty
56,019.8
-3.05%

The Indian stock market saw a significant downturn today, influenced primarily by escalating geopolitical tensions in the Middle East, which led to a spike in crude oil prices. This has particularly impacted oil-dependent sectors like Energy and Banking, as rising oil prices increase import costs, potentially affecting inflation. Additionally, the market was affected by foreign institutional investors (FIIs) selling ₹6,345.57 Cr worth of shares, indicating a bearish sentiment. Despite some positive news about a possible de-escalation in the Middle East, the market continued its downward trend due to prevailing uncertainties.

The Big Story
📰 FEATURED

Parliament Budget Session Live

BankingInfraFMCG

Monitor budget announcements for sector-specific opportunities.

WHY IT MATTERS
Budget decisions can influence fiscal policy, impacting multiple sectors.
Quick Takes
markets • negative
Indian shares set for steep drop as widening Mideast war drives oil spike
Prepare for potential market downturn; consider defensive sectors.
Read full report →
global macro • positive
Trump signals possible end to war, floats removing oil sanctions
Expect positive sentiment in markets; energy sector may see relief.
Read full report →
india macro • positive
India to include crypto assets in financial account reporting from 2026
Positive for crypto-related stocks and financial transparency.
Read full report →
global macro • negative
Indian shares tumble at open as Mideast war drives oil spike
Expect volatility in oil-sensitive sectors; monitor geopolitical developments closely.
Read full report →
global macro • negative
Indian shares open lower as Mideast war lifts crude, keeps risk appetite weak
Expect volatility in energy and banking sectors; monitor crude prices closely.
Read full report →
commodities • positive
Oil falls over 6% as Trump predicts Middle East de-escalation
Positive outlook for oil-importing sectors; potential currency appreciation.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹6,345.57 Cr
DII
Bought
₹9,013.8 Cr

FIIs sold ₹6,345.57 Cr, DIIs bought ₹9,013.8 Cr. DIIs providing support against FII selling.

Market Breadth

Advances: 605 · Declines: 1075 · A/D Ratio: 0.56

Broad-based selloff across market

Sector Performance
IT
+0.1%
Pharma
-0.2%
Realty
-1.2%
Infra
-1.5%
FMCG
-1.6%
Media
-1.7%
Energy
-1.8%
Fin Services
-2.3%
Metal
-2.6%
Bank
-3.1%
PSU Bank
-4.0%
Auto
-4.1%

IT, Pharma led gains while PSU Bank, Auto underperformed. Defensive sectors outperforming suggests risk-off sentiment.

Technical Levels
Nifty 50
Support 24,062 / 24,096
Resistance 24,347 / 24,667
Bank Nifty
Support 56,208
Resistance 57,319

Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.

Global Cues

 |  S&P Futures: -0.23%

Global cues mixed; expect range-bound opening

Commodities & Forex
Gold
₹1,60,387
-0.77%
Silver
₹2,67,600
+0.16%
USD/INR
Rs 91.71/USD
-0.44%
Macro / Economic Events
📌 2 earnings results expected
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
Reliance
s to buy today: Analyst at Kotak Sec bets on Angel One, Reliance Inds
Earnings Calendar
Fractal Industries
10 Mar
Shree Securities
10 Mar

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

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