The Indian rupee weakened to a record low against the US dollar as stock markets came under pressure. Weak global cues and persistent foreign investor selling weighed heavily on sentiment.
The Indian rupee weakened to a record low against the US dollar as stock markets came under pressure. Weak global cues and persistent foreign investor selling weighed heavily on sentiment.
Indian equity markets witnessed a sharp decline today, with the Sensex falling over 1,400 points and the Nifty slipping below the 22,700 mark. The downturn erased nearly Rs. 5 lakh cr. of investor wealth.
India’s largest airline, IndiGo, is currently dealing with internal challenges following the resignation of its CEO. The development comes after a series of operational disruptions and regulatory concerns.
Reliance Jio is reportedly moving closer to its long-awaited IPO as regulatory developments progress. The potential listing is expected to be one of the largest in India’s history.
India’s stock market is preparing for a significant supply influx as lock-in periods for several recently listed companies come to an end. Nearly $72 billion worth of shares could enter the market between March and June.
Several companies are gearing up for listings in late March and early April, including firms from engineering, pharmaceuticals, and infrastructure sectors. Key IPOs are scheduled with price bands and listing dates already announced.
India’s primary market continues to remain active, with several companies planning to raise funds through IPOs even as secondary markets face pressure. Recently, multiple public issues collectively targeting over Rs. 6,600 cr. have been lined up.
PhonePe has decided to temporarily halt its much-anticipated IPO plans due to ongoing volatility in global financial markets. The fintech major cited uncertainty driven by geopolitical tensions in West Asia as a key reason behind the pause.
NIFTY OUTLOOK: 23114.50 FII -5518.39 cr DII 5706.23 cr
(23rd – 27th March 2026)
As we discussed in the previous report dated 16th March 26 market behavior remained on the expected lines during the week passed by as on Monday 16 Mar 26 nifty start with bearish sentiments which drift down it up to our support of 22961 from there as analyzed oversold territory of daily and weekly RSI gave the bounce up to 23862.25.
As per astrology view, some important turning dates are 25th, 27th and 30th March & 2nd, 7th and 10th April 2026
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.
