| Market Pulse |
Friday, 20 March, 2026 |
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Market Snapshot
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📊
Nifty 50
23,002.15
-3.26%
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📈
Sensex
74,207.24
-3.26%
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🏦
Bank Nifty
53,451
-3.39%
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The Indian stock market faced a sharp decline with the Nifty 50 and Sensex both dropping 3.26%, largely driven by significant foreign institutional investor (FII) sell-off in the financial sector, marking the worst fortnight since the COVID-19 crash. Global geopolitical tensions, particularly the escalation of conflict in Iran, have led to increased oil prices, impacting India's inflation and import costs. Rising US Treasury yields also contributed to FII outflows, further pressuring Indian equities. These factors collectively heightened market volatility, especially in financial and energy stocks.
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The Big Story
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📰 FEATURED
Foreign selloff in financials hammers India's Nifty 50 to worst fortnight since COVID-19 crash
BankingFinancials
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Consider defensive strategies in financials amid heightened volatility.
WHY IT MATTERS
Foreign selloff in financials leads to significant market downturn, impacting investor sentiment.
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Quick Takes
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markets • negative
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FIIs sell Rs 31,000 crore in financial services in first half of March
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Investors should brace for volatility in banking stocks due to significant FII selling.
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Read full report →
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global macro • negative
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Us stock futures climb as war with Iran, inflation jitters in focus
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Prepare for volatility in energy stocks and potential inflationary pressures.
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Read full report →
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commodities • positive
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Oil flips amid new hopes for opening Strait of Hormuz
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Energy stocks may benefit from potential oil price stabilization.
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Read full report →
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global macro • negative
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Treasury Yields Rise on Fed Day as U.S. Prices Remain Hot
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Expect pressure on banking and IT sectors due to potential FII outflows.
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Read full report →
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global macro • negative
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Gas shortage caused by Iran war may push India back to dirtier fuels
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Expect increased costs for energy-intensive sectors; monitor geopolitical developments closely.
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Read full report →
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commodities • negative
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Hormuz Shutdown Throws India’s LPG Market Into Chaos
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Energy sector may face volatility; consider hedging strategies.
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Read full report →
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FII / DII Activity
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FII/FPI
Bought
₹1,135 Cr
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DII
Sold
₹393 Cr
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FIIs bought ₹1,135 Cr, DIIs sold ₹393 Cr today.
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Market Breadth
Advances: 515 ·
Declines: 1156 ·
A/D Ratio: 0.45
Broad-based selloff across market
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Sector Performance
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Energy
-1.4%
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Pharma
-2.3%
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FMCG
-2.5%
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Infra
-2.8%
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PSU Bank
-2.9%
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Media
-3.0%
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Metal
-3.2%
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IT
-3.3%
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Bank
-3.4%
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Fin Services
-3.8%
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Realty
-3.8%
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Auto
-4.3%
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Energy, Pharma led gains while Realty, Auto underperformed. Defensive sectors outperforming suggests risk-off sentiment.
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Technical Levels
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Nifty 50
| Support |
23,126 / 23,250 |
| Resistance |
23,370 / 23,738 |
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Bank Nifty
| Support |
53,575 |
| Resistance |
54,440 |
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Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term momentum is weak.
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Global Cues
| S&P Futures: +0.75%
US futures positive (S&P +0.75%).
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Commodities & Forex
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Gold
₹1,45,119
+0.11%
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Silver
₹2,31,589
-6.69%
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USD/INR
Rs 92.94/USD
+0.07%
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Macro / Economic Events
| 📌 |
1 earnings results expected |
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| 📌 |
US Fed Interest Rate Decision |
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Looking Ahead
| 👀 |
US Fed Interest Rate Decision |
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Corporate Actions
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TCS
s to Watch Today: TCS, NTPC, Shanthi Gears, Gillette, Bharti Airtel, Shree Ram Twistex, IndiQube Spaces, Tata Elxsi in focus
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HDFC Bank
Differences over CEO's third term, board changes likely triggered Atanu Chakraborty's exit from HDFC Bank
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SBI
Funds Management files IPO papers; promoters plan to sell 20.37 crore shares via OFS
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Wipro
s to watch: HDFC Bank, NTPC, Wipro among 10 shares in focus today
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Reliance
Market Today March 20 LIVE: Gift Nifty signals upbeat start for Nifty 50, Sensex; HDFC Bank, Reliance in focus
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Earnings Calendar
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REGANTO ENTERPRISES
20 Mar
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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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