Sensex Today | Stock Market Live: Nifty below 22,800, Sensex plunges over 1,200 pts; all sectors trade in the red Indian stock indices opened sharply lower on March 23 amid weak global cues, with the Nifty 50 slipping below 23,000 for the first time since April 17, 2025. The Sensex fell over 1,200 points, or 2.04 percent, to 73,012.31, while the Nifty dropped 464.65 points, or 2.01 percent, to 22,649.85. All sectoral indices traded in the red, with auto, media, banking, metals, and PSU banks declining 2 percent or more. Major losers included Hindalco, Tata Steel, SBI, M&M, and HDFC Bank, while gainers were Max Healthcare and ONGC. Nifty Midcap and smallcap indices also fell more than 2 percent. Tata Chemicals saw its share price drop 4.92 percent to Rs 602.65, hitting a 52-week low of Rs 600.50. The stock traded with lower volumes compared to its five-day average. RailTel Corporation of India received orders worth Rs 24.53 crore from East Coast Railway and Rs 1.59 crore from Prasar Bharti, though its share price fell 2.56 percent to Rs 264.35. CLSA maintained an "outperform" rating on Ask Automotive, citing structural tailwinds like Honda’s capacity expansion and a 35 percent revenue exposure to the automaker. However, the stock fell 1.83 percent to Rs 404. Meanwhile, HDFC Bank terminated three senior executives linked to lapses at its Dubai branch, though the Reserve Bank of India confirmed no material concerns about the bank’s operations. The war in West Asia intensified, with President Trump issuing a 48-hour ultimatum to Iran over the Strait of Hormuz. Iranian officials responded by stating the strait remains open to all except those violating their sovereignty, preventing immediate panic in oil markets. However, global risk-off sentiment persisted, impacting stocks, bonds, and even gold, which saw a sharper decline than equities.#sensex #nifty_50 #tata_steel #hindalco #sbi
Top gainers and losers, March 17: Eternal rallies 6%, Tata Steel up 4%, Wipro down 2% The SENSEX and NIFTY50 indices closed higher for the second consecutive day on Tuesday, March 17, driven by buying activity in metal and capital market stocks. The SENSEX surged by 567.99 points or 0.75% to end at 76,070.84, while the NIFTY50 rose by 172.35 points or 0.74% to 23,581.15. The benchmark indices hit intraday peaks during the session, with the SENSEX reaching 76,304.26 and the NIFTY50 touching 23,656.80. Foreign institutional investors (FIIs) sold stocks worth ₹9,365.52 crore on Monday, while domestic institutional investors (DIIs) purchased equities totaling ₹12,593.36 crore. The NIFTY50 was supported by gains in Eternal, which closed 5.59% higher. Other top gainers included Tata Steel (4.42%), Mahindra & Mahindra (2.85%), HDFC Life Insurance Company (2.70%), and Bharat Electronics (2.67%). Bharat Electronics’ stock rose after the company announced additional orders worth ₹1,011 crore. Conversely, the top losers in the NIFTY50 were Wipro (-2.06%), Cipla (-1.51%), Tata Consumer Products (-1.39%), Infosys (-1.26%), and ITC (-1.23%). Wipro and Infosys shares fell amid a broad-based decline in the NIFTY IT index, which dropped 2.6% to a two-year low of 28,288.05. The NSE Midcap gauge rose 1.02% to 55,174.40, bolstered by gains in National Aluminium Company (6.41%), Steel Authority of India (5.74%), Coromandel International (3.92%), BSE Ltd (3.89%), and KPIT Technologies (3.58%). NTPC Green Energy was the top loser in the Midcap index, declining 2.55%, followed by Vishal Mega Mart (-2.36%), Persistent Systems (-2.35%), Hindustan Petroleum Corporation (-2.20%), and Tata Elxsi (-2.19%). The NIFTY Smallcap index advanced 0.65% to 15,912.90. Top gainers included Data Patterns (6.#eternal #mahindra_mahindra #tata_steel #hdfc_life_insurance_company #bharat_electronics
