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Full issue · 2026-03-23

Market Pulse: 23 March 2026 - Pre-Market Update

Market Pulse - Monday, 23 March, 2026
Nifty 23,114.5 (+0.49%) • FII Sold ₹392 Cr
Market Pulse Monday, 23 March, 2026
Market Snapshot
📊
Nifty 50
23,114.5
+0.49%
📈
Sensex
74,532.96
+0.44%
🏦
Bank Nifty
53,427.05
-0.04%

The Indian markets saw a moderate uptick today with Nifty 50 and Sensex closing higher, primarily driven by strong performances in the IT, PSU banks, and pharma sectors. Despite the global geopolitical tensions, particularly involving the US-Iran crisis which threatened energy supply chains, domestic investor sentiment remained positive due to robust buying by domestic institutional investors (DIIs). However, the Bank Nifty saw a slight decline as uncertainties around potential rate hikes and ongoing geopolitical risks loomed over financial stocks.

The Big Story
📰 FEATURED

3 weeks of war, possible rate hikes, AI's 'show me' phase: What to watch

BankingITEnergy

Investors should brace for volatility in banking and IT sectors amid geopolitical tensions.

WHY IT MATTERS
War and potential rate hikes could lead to global economic slowdown affecting Indian exports and FII flows.
Quick Takes
global macro • negative
Trump and Iran hurl war threats with Hormuz crisis building
Energy sector may face increased costs; watch for oil price volatility.
Read full report →
global macro • negative
Iran War News Live: Indian injured in Abu Dhabi as Gulf countries intercept drones and missiles
Watch for disruptions in energy supply chains and IT sector operations.
Read full report →
global macro • negative
Ras Laffan Attack Shatters Illusion of Global Gas Abundance
Energy sector may face cost pressures; consider impact on gas-dependent industries.
Read full report →
global macro • negative
The Iran War Just Triggered a Bigger Energy Shock Than the 1970s Oil Crisis. What It Means for Your Portfolio.
Prepare for potential oil price hikes; watch for inflationary pressures.
Read full report →
global macro • negative
Rupee breaches 93 per dollar to hit record low as Iran war risks deepen
Expect pressure on import-heavy sectors; watch currency-sensitive stocks.
Read full report →
commodities • negative
'Energy tax': How surging gas prices may impact consumers, inflation
Expect pressure on energy and auto stocks due to rising input costs.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹392 Cr
DII
Bought
₹445 Cr

FIIs sold ₹392 Cr, DIIs bought ₹445 Cr today.

Market Breadth

Advances: 982 · Declines: 736 · A/D Ratio: 1.33

Broad-based rally with strong market participation

Sector Performance
IT
+2.2%
PSU Bank
+2.1%
Pharma
+2.0%
Metal
+1.5%
Infra
+1.0%
Auto
+0.8%
Energy
+0.8%
FMCG
+0.3%
Bank
-0.0%
Media
-0.5%
Fin Services
-0.7%
Realty
-0.9%

IT, PSU Bank led gains while Fin Services, Realty underperformed. Mixed sector performance today.

Technical Levels
Nifty 50
Support 23,006 / 22,898
Resistance 23,284 / 23,453
Bank Nifty
Support 53,022
Resistance 54,107

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

Global Cues

 |  S&P Futures: -0.75%

US futures negative (S&P -0.75%).

Commodities & Forex
Gold
₹1,44,825
+0.23%
Silver
₹2,27,470
-1.72%
USD/INR
Rs 93.65/USD
-0.01%
Macro / Economic Events
📌 US Fed Interest Rate Decision
Looking Ahead
👀 US Fed Interest Rate Decision
Corporate Actions
ITC
Bitcoin drops below $69,000 as war fears weigh on crypto markets

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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