Nifty is a market index that was introduced by the National Stock Exchange in April 1996. It’s a blend of two words-National Stock Exchange (NSE) and Fifty. It is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.It is one of the two main stock indices used in India, the other being the BSE SENSEX. The base value of the index has been set at 1000 and the base capital of Rs 2.06 trillion. It was initially calculated on a full market capitalization methodology but in 2009 the computation was changed to a free float methodology. The base period for the NIFTY 50 index is November 3 1995, which marked the completion of one year of operations of the National Stock Exchange Equity Market Segment. Nifty 50 index has shaped up to be the largest consisting of exchange-traded funds (onshore and offshore) and exchange-traded options at NSE. It is the world’s most actively traded contract. As of April 2021, the index covers 13 sectors of the Indian Economy and offers investment managers exposure to the Indian market in one portfolio. It also has sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Auto, NIFTY Pharma etc. More
Oil prices spike to $112 after Trump’s 48-hour ultimatum to Iran over Hormuz, raising global inflation fears. US markets slump, with the S&P 500 hitting a 6-month low and Nasdaq nearing correction territory. Asian markets weaken, and GIFT Nifty hints at a soft start for Indian indices. Despite global cues, Sensex and Nifty saw a strong rebound last session, led by metals, IT, and PSU banks. Tune in for today’s Opening Bell and key levels to watch.
Sensex Today | Stock Market LIVE Updates: Amid weak global cues, the Indian indices opened gap-down on March 23 with Nifty50 below 23,000 for the first time since April 17, 2025. Hindalco, Tata Steel, SBI, M&M, HDFC Bank are among major losers on the Nifty, while gainers are Max Healthcare and ONGC. All the sectoral indices are trading in the red with auto, media, bank, metal, PSU Bank down 2% each. . Nifty Midcap and smallcap indices slip more than 2% each.
Gold fell sharply and was close to wiping out this year’s gains, as the war in the Middle East entered its fourth week and the US and Iran traded threats of new attacks.
In the near term, risk-off sentiment can persist simply because visibility is low. Markets are still trying to assess whether this is a contained disruption or something more prolonged, said Marcellus' Arindam Mandal.
If Nifty 50 decisively breaks previous week's low, a fall towards 22,700 cannot be ruled out; however, 23,400 can act as a resistance zone.
According to experts, 22,900 is expected to be the immediate key support for Nifty in upcoming sessions, as a decisive break below it can drag the index down to 22,700. However, in case of a bounce, the 23,200–23,400 zone can act as resistance, followed by 23,500 as the key hurdle.
Sensex, Nifty are set to witness a holiday-shortened trading week, with markets remaining closed on Thursday on account of Shri Ram Navami.
On the charts, Nifty faces strong resistance at 23,345–23,380, and until this zone is decisively breached alongside improvement in FII positioning, the broader undertone is likely to remain cautious with a sell-on-rise approach, said Sudeep Shah.
Overall, RBI MPC's stance is likely to be ‘pause with readiness to act’, rather than any immediate shift towards easing, said ALF Accurate's Rajesh Kothari.
Sectoral performance remained mixed in this week, with Nifty Private Bank, Pharma, Healthcare, Realty, FMCG. Oil & Gas and Defence indices declining in the range of 1-2.4 percent, while Nifty Auto, Metal, PSU Bank, IT indices gained between 0.4-2 percent.
Markets are clearly in an uncertain frame given the breakout of hostilities in Iran. What is most critical from an India point of view is the “new normal” for crude, said Jitendra Sriram of Baroda BNP Paribas Mutual Fund.
Foreign Institutional Investors (FIIs) continued their selling on fifth consecutive week as they sold equities worth -29,897.67 crore.
Except media, private bank, realty, all other sectoral indices ended in the green with telecom, IT, metal, pharma, PSU Bank up 1-2%.
Markets have come sharply off the day’s highs, with the Sensex down 600 points from the top and the Nifty slipping 200 points from its peak to fall below the 23,100 mark. The Bank Nifty has also turned negative, losing 950 points from the day’s high, while the smallcap index is off 200 points from its top levels. Even as headline indices see pressure, the broader markets continue to hold in the green, led by gains in midcap stocks. On the sectoral front, IT, pharma and PSU banks are emerging as the top gainers, while realty and financial stocks remain under pressure, dragging the market lower.
Sensex, Nifty rebounded as oil prices eased, offering some relief to domestic markets.
sian markets largely decline after volatile session on Wall Street US futures rise mildly after a weak Thursday session on Wall Street Dow Jones falls 0.4%, S&P 500 & NASDAQ declines 0.2% each All major averages on Wall Street on track to register 4th losing week in a row US 2-year treasury yield jumps 6 bps to 3.8%; 10-year yield at 4.26% Precious metals selloff: Gold falls 3% to $4,654; silver slides 3% to $72 Oil prices fall on Bessent's comments that US may free up stranded Iranian crude Brent crude falls to $105/barrel; WTI Crude at $92 GIFT Nifty indicates positive start for Indian markets
The benchmark equity indices Sensex and Nifty tumbled sharply by more than 3 percent on Thursday, snapping a three-day rally, amid a spike in crude oil prices and weak global cues.
The current Middle East crisis, if it persists over the next 3-4 months, will create a multi-year buying opportunity, said Mavenark's Phanisekhar Ponangi.
The Nifty 50 is likely to defend the 22,900 support (Thursday's low). Above this level, the possible resistance is placed at 23,200, followed by 23,500. However, below it, 22,700 cannot be ruled out.
The immediate crucial support for Nifty 50 at 22,900 is key to watch in the next few sessions, as a decisive fall below this level can increase the possibility of a downward move toward 22,700–22,500.
In the upcoming sessions, if it decisively breaks and closes below the 22,900 support level, selling pressure may intensify further toward 22,700 (78.6 percent Fibonacci retracement of the rally from the April 2025 low to the January 2026 high).
Indian markets are witnessing sharp selling pressure with the broader markets remaining firmly in the red. All major sectors are trading lower, led by steep declines in realty, financials, and auto stocks. The Nifty 50 has logged its sharpest fall since the Budget session, as weak global cues and heavy selling in HDFC Bank weigh on investor sentiment and trigger a broader market sell-off. #stockmarket #Sensex #Nifty #MarketCrash #DalalStreet
BSE-listed firms eroded a total market capitalization of more than Rs 12-lakh crore as markets plunge 2%.
Global markets are under pressure as rising geopolitical tensions and key policy signals shake investor sentiment. Israel’s strike on Iran’s largest gas facility and Tehran’s threat to target oil infrastructure across the Gulf have pushed Brent crude above $111, raising fresh supply concerns. Meanwhile, the US Federal Reserve has held rates steady at 3.5–3.75%, citing uncertainty from ongoing conflicts, while signaling a gradual path to rate cuts starting 2026. Wall Street saw sharp declines with the Dow plunging over 750 points, and Asian markets are tracking the weakness. Back home, HDFC Bank remains in focus following the Chairman’s resignation. Catch Surabhi Upadhyay with market experts decoding the impact of global cues, oil price surge, and what lies ahead for markets.