Taking Stock: Nifty slips below 22,500 amid last hour selling; Sensex down 217 points

Market Today

In a volatile session on March 10, the Indian indices ended on a negative note with Nifty around 22,450 amid selling across the sectors.

At close, the Sensex was down 217.41 points or 0.29 percent at 74,115.17, and the Nifty was down 92.20 points or 0.41 percent at 22,460.30.

Also Read: IndusInd Bank slips to lowest since July 2022 as investors weigh extension for CEO, target price cuts

After a flat start, the market traded higher in the first half with Nifty crossing 22,650 intraday, but last hour profit booking erased all the gains to end in a negative zone, with Nifty below 22,500.

IndusInd Bank, Trent, ONGC, Eicher Motors, Bajaj Auto were among major losers on the Nifty, while gainers included Power Grid Corp, HUL, Infosys, SBI Life, Nestle India.

BSE Midcap index was down 1.5 percent, and smallcap index was down 2.1 percent.

Among sectors, except FMCG, all other indices ended in the red with auto, Consumer Durables, Metal, Capital Goods, Oil & Gas, realty, PSU Bank down 1-2 percent.

More than 120 stocks touched 52-week low on the BSE, including Vedant Fashions, KNR Construction, IndusInd Bank, Astral, Shoppers Stop, IDFC First Bank, EKI Energy, Shiva Cement, PNB Gilts, Shoppers Stop, among others. Click here to view more

Index	Prices	Change	Change%
Sensex	75,273.45	1,205.00	+1.63%
Nifty 50	23,306.45	394.05	+1.72%
Nifty Bank	53,708.10	1,102.45	+2.10%

Nifty 50 23,306.45 394.05 (1.72%)

Wed, Mar 25, 2026

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Shriram Finance	956.00	52.40	+5.80%

Biggest Loser	Prices	Change	Change%
Tech Mahindra	1,408.50	-24.20	-1.69%

Best Sector	Prices	Change	Change%
Nifty PSU Bank	8581.05	223.50	+2.67%

Worst Sector	Prices	Change	Change%
Nifty IT	29671.30	22.40	+0.08%

Outlook for March 11

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty remained volatile throughout the day, finding resistance at the 21 EMA on the daily chart, which led to a decline towards 22,400. Going forward, 22,400 might continue to act as crucial support, and sentiment is unlikely to weaken unless Nifty falls below this level. On the higher end, resistance is placed at 22,750, above which the bulls might gain increased strength. The overall large-cap sentiment could also strengthen if Nifty moves above 22,750.

Aditya Gaggar Director of Progressive Shares

The market initially saw an upward movement led by heavyweights, pushing the Index higher. However, it struggled to sustain its gains and faced difficulty overcoming the resistance level of 22,620. In the second half of the trading session, a sharp decline in the Mid and Smallcap segments weighed heavily on the Index, leading it to close the day with a loss of 92.20 points at 22,460.30.

Barring the FMCG sector, all the other sectors ended in the red, with Realty and PSU Banking being the main laggards. The Broader markets significantly underperformed the Benchmark Index, as the Mid and Smallcap stocks corrected by over 1.50%.

Moving forward, for a trend reversal to occur, bulls need to break through the stiff resistance zone of 22,620-22,730. On the downside, a close below 22,330 could trigger a further decline, potentially retesting the previous swing low of 21,960.

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