Brent crude climbs above $100 as Iran’s new Supreme Leader Mojtaba Khamenei warns the Strait of Hormuz should remain closed to pressure enemies and calls for US military bases to shut in the Middle East. Global markets react sharply. Asian markets open lower with Nikkei 225 down 2% and Kospi sliding nearly 3%. US markets hit new 2026 lows as the Dow Jones tumbles 740 points while NASDAQ dips. Meanwhile, US Treasury yields rise and gold slips on a stronger dollar. With GIFT Nifty signaling a gap-down start for Indian equities and oil prices surging, what does this mean for inflation and investors? Tune in as Surabhi Upadhyay and market experts decode the big global cues shaping today’s market action.
The Foreign Institutional Investors (FIIs) sold equities worth over Rs 7,000 crore, while Domestic Institutional Investors (DIIs) bought equities worth Rs 7,500 crore.
With multiple commodities moving together right now, the cumulative inflation impulse could be larger than the headline crude number alone implies, said LGT's Chakri Lokapriya.
Asian economies are expected to be the most exposed because about 13 mbpd of crude shipments through Hormuz are destined for Asia, including China, India, Japan and South Korea.
Bearish momentum indicators, along with the continuation of the lower high–lower low structure and the VIX sustaining above 21, signal further weakness. Experts expect the benchmark Nifty 50 to breach the 23,500 support and slide toward 23,000 in the upcoming sessions.
The market is expected to continue to face risk-off sentiment amid geopolitical tensions. Below are some short-term trading ideas to consider.
Bears seem to be keeping tight control over the market in the upcoming sessions, possibly pushing the Nifty 50 below the immediate support of 23,500 and signalling a major risk for the 23,200–23,000 zone. Notably, 23,000 has the maximum Put open interest.
Smallcap World Fund Inc held 5.09 percent equity stake in ace investor Ashish Kacholia-backed Shaily Engineering as of December 2025.
For the year so far, FIIs have been net sellers of shares worth Rs 96,858 crore, while DIIs have net bought shares worth Rs 1,58,988 crore.
Nifty has closed in the red in 6 out of eight trading sessions, declining more than 8 percent, so far in March.
The weekly options data suggested that 23,500 is expected to be immediate support for the Nifty 50, as below it 23,000 is likely to be a major support, both of which have maximum Put open interest. However, 23,700 and 24,000 are expected to be hurdles.
Vijay Kedia views the dip as an opportunity rather than a crisis.
The fund house had just recently reopened subscriptions for these international fund-of-fund schemes, allowing fresh investments in February 2026.
Sensex, Nifty recovered partially from steep early losses amid value buying.
Sensex, Nifty extended their declines as oil prices soared amid escalating tensions in West Asia.
The fund sold its entire holding of about 10.9 lakh shares in HCL Tech during the month, marking the only complete exit from the portfolio and reducing its exposure to the IT sector to zero.
Global Markets Sell off Again | Weak start expected for Nifty | Gas supplies in focus Tune in as Surabhi Upadhyay speaks with market experts to decode the latest moves in oil, global markets, and what it means for investors.
On March 11, Foreign Institutional Investors (FIIs) sold equities worth Rs 6,267 crore, extending their selling streak to the ninth consecutive session, while Domestic Institutional Investors (DIIs) continued their buying for the 11th straight day, purchasing equities worth Rs 4,965 crore.
Sustained high oil prices not only fuels inflation but pressures the rupee, bond yields, and equity sentiment. Markets hate uncertainty; volatility rises as investors recalibrate risks in response to events, said Nilesh Shah of Kotak Mahindra AMC.
If the Nifty 50 decisively breaks 23,700, Monday's low, a fall toward 23,500–23,400 can't be ruled out. However, a convincing move above 24,300 can drive the index toward 24,500–24,700.
The market may remain range-bound with a negative bias until it closes above Monday's bearish gap. Below are some short-term trading ideas to consider.
Momentum indicators maintained sell signals, while the narrowing gap between the 50- and 200-day EMAs increased the possibility of a move toward a death cross, signalling bears having the upper hand.
According to the complainant, InterGlobe Aviation, which operates IndiGo, held more than 65 per cent share in the domestic aviation sector, while Air India accounted for around 27 per cent.
In trade today, the Sensex fell 1.72% while Nifty was down 1.63% amid weak global cues, geopolitical tensions, and broad-based sectoral weakness, especially in midcaps.
Pine Oak Global Fund held 1.87 percent stake in Borana Weaves as of December 2025.