Equity Markets

India’s share in global m-cap slips below 3% for first time in four years

The decline comes as FIIs sold equities worth over $12 billion in March, while rising crude oil prices, geopolitical tensions involving the US, Iran and Israel, and a weakening rupee weighed on sentiment

Kotak restructures portfolio post sell-off; adds DLF, Info Edge, Coforge

Kotak Institutional Equities said the recent market correction has improved valuations and created opportunities across stocks, prompting it to split its model portfolio into separate large-cap and mid-cap baskets. The brokerage added names such as Coforge, Embassy REIT and DLF, while adjusting weights in Reliance Industries and Mahindra & Mahindra

Over 50% of BSE stocks hit 52-week lows amid broad market selloff

Out of 4,270 actively listed stocks on the BSE, around 2,234, or over 50 percent, have touched their 52-week lows, according to exchange data. Of these, 445 stocks have also fallen to fresh record lows. Nearly 1,000 of the stocks hitting 52-week lows belong to the A and B group categories.

India mcap logs steepest drop in three years, lags global peers in FY26

India’s market cap fell 7.2 percent during the fiscal to $4.5 trillion from $4.83 trillion a year earlier, marking the sharpest drop since FY23. Globally, only 13 markets recorded a decline in mcap during the period, with India ranking ninth among the worst performers.

IT stocks trading at discount after correction, says ICICI Direct; brokerage sees long-term upside

The Nifty IT index has declined about 25 percent year-to-date, driven by concerns over the potential impact of generative AI on the long-term business model of IT services companies, along with broader macroeconomic and geopolitical uncertainties

BSE SmallCap 250 set for longest quarterly losing streak since December 2011

The BSE SmallCap 250 Index is set for its third consecutive quarterly decline, marking its longest losing streak in fifteen years, as rising inflation concerns and oil prices weigh on broader markets.

Oil at elevated levels to weigh on India earnings, brokerages flag forecast cuts

Brokerages including Goldman Sachs and HSBC expect significant cuts to India’s earnings forecasts over the next two to three quarters as crude oil prices remain elevated despite easing tensions involving the US, Iran and Israel.

Buy energy at any cost: JPMorgan's Sajjid Chinoy warns supply crunch may force policy shift

Energy-importing economies, including India, may need to secure fuel supplies at any cost in the near term as the current shock is driven by supply risks, not just rising prices, Sajjid Chinoy of JPMorgan said.

Global energy shock not just India’s problem; 4% supply hit could drag world GDP: Neelkanth Mishra

The global energy disruption is not India-specific and could shave off around 4% of world GDP, reflecting the direct link between energy supply and economic growth, Neelkanth Mishra said.

Crowded shorts, easing volatility signal limited downside risk for markets

Volatility spiked early this week. India VIX rose from about 3X the levels in late December and early January, to an intraday high of around 35 on March 23. By March 24, it had eased to 24.91.

Even if oil slips below $100, India isn’t safe yet: Bernstein cuts Nifty target to 26,000

In a worst-case scenario where the conflict extends through much of 2026, Bernstein warned of severe repercussions for India, including supply disruptions, double-digit inflation, GDP growth slowing to 2–3 percent, a sharp depreciation in the rupee beyond 110, and the Nifty falling well below 20,000

Crude shock may linger as supply damage extends price spike, says BlackRock’s Ben Powell

Oil seen settling at $60–$70 over time, but near-term outlook clouded by geopolitical disruption and supply constraints, says Powell

India faces ‘double whammy’ as AI positioning, energy shock weigh on near-term flows: BlackRock's Ben Powell

BlackRock’s Powell says structural story intact, but global investors stay cautious amid oil uncertainty and shifting market leadership

Motilal Oswal initiates coverage on Bajaj Finserv with ‘Neutral’ rating; sets target price higher by 11%

Bajaj Finance, which contributes around 54 percent of 9MFY26 revenue, remains the core value driver for the group, supported by predictable earnings, strong return on equity and sustained compounding.

JM Financial maintains ‘Buy’ on Medanta; sets target price higher by 42% at Rs 1,382

The brokerage noted that the stock has corrected around 30 percent over the past six months and about 15 percent in the last month, driven by concerns around the Noida greenfield unit and geopolitical tensions in the Middle East.

GIFT Nifty jumps 1% in early trade on Middle East de-escalation hopes; global cues positive

On March 24, Nifty surged 400 points to close at 22,912 and the BSE Sensex rose 1,372 points to settle at 74,068, after US President Donald Trump announced a pause on strikes targeting Iranian energy infrastructure.

NSE sees nearly 30% drop in new investor additions in FY26 amid market volatility

New investor registrations declined to 1.5 crore in FY26 so far, down 30 percent—the steepest fall since FY23—compared with 2.12 crore registrations in FY25, according to NSE Pulse data showed.

SIP returns trail category averages across market-caps, but gaps narrow over time

Market experts say this divergence is largely a function of recent market conditions

Temasek- and Dr Ranjan Pai-backed Manipal Hospitals files for mega $1 bn-plus IPO; biggest ever in Indian healthcare

In April 2023, Temasek sealed the largest deal ever by a private equity fund in the Indian healthcare sector by upping its stake and becoming the controlling shareholder in Manipal Hospitals

Emkay sees Nifty rebound; flags these beaten-down stocks as recovery plays

Emkay said the recent correction likely marks a bottom for markets and maintained its December 2026 Nifty target of 29,000, based on a 20x price-to-earnings multiple. It added that India’s consumption-led recovery remains intact, with FY27 Nifty earnings growth expected at around 15 percent.