Sensex Today Tanks 1,836 Points | Nifty Below 22,550 | Petronet LNG Down 8%

Mon, 23 Mar Closing

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Although the benchmark indices opened lower, they traded negative throughout the session and ultimately closed red.

Indian equity benchmarks indices, Sensex and Nifty50 settled off lower as the US-Iran conflict intensified.

At the closing bell, the BSE Sensex  closed lower by 1,836 points (down 2.4%)

Meanwhile, the NSE Nifty closed 601 points lower (down 2.6%)

HCL Tech, Power Grid Corp Tech Mahindra are among the top gainers today.

Trent, Titan Company, Bharat Elec on the other hand, were among the top losers today.

The GIFT Nifty was trading at  22,845 lower by 291 points at the time of writing.

The BSE 150 Midcap index is trading 3.8% lower and the BSE 250 Smallap index is trading 3.8% lower.

Sectoral indices are trading negative today with stocks in realty sector and metal sector witnessed selling pressure.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

The rupee is trading at Rs 94 against the US$.

Gold prices for the latest contract on MCX are trading 7% lower at Rs 134,355 per grams.

Meanwhile, silver prices were trading 8% lower at 2,06,884 per 1 kg.

Six reasons why Indian share markets are falling:

#1 High Oil Prices:

Brent crude is trading near $113 per barrel due to supply concerns. This is negative for India as it increases inflation, weakens the rupee, and puts pressure on the overall economy.

#2 Foreign Investors Selling:

Foreign portfolio investors (FPIs) are continuously selling Indian equities due to global uncertainty. This ongoing selling is weakening market sentiment and adding pressure on stock prices.

#3 Market Volatility Rising:

India VIX has surged sharply, indicating higher fear and uncertainty among investors. This usually leads to sharp market swings and increased selling pressure.

#4 Global Tensions:

Rising tensions between United States and Iran are increasing concerns about disruptions in global oil supply. The uncertainty around the situation is keeping markets on edge.

#5 Weak Global Markets:

Stock markets across Asia and the US have declined sharply, signaling weak global sentiment. This negative trend is also affecting Indian markets.

#6 Rupee Weakness:

The Indian rupee has fallen to a record low against the US dollar. This decline is driven by high oil prices, foreign outflows, and weak domestic equities.

Speaking of stock markets, Rahul Shah, Research Analyst at Equitymaster, says short-term news creates noise, while investors should focus on long-term growth and think in terms of a 7-year horizon.

He highlights choosing resilient companies with strong finances, low volatility, and reasonable valuations to reduce risk. He also explains that a disciplined, data-based approach helps avoid emotional decisions and improves long-term returns.

Watch to know more.

Union Bank Bond Issue Sees Strong Demand

State-owned Union Bank of India raised Rs 30 billion (bn) by issuing long-term bonds to investors through a private deal on March 20, 2026.

The bank had planned to raise Rs 30 bn, with an option to increase it up to Rs 75 bn, but it finally accepted only Rs 30 bn.

The bonds offer an interest rate of 7.16% per year and were highly in demand, investors placed bids worth about Rs 93.8 bn, which is more than 3 times the amount the bank wanted.

Out of 48 bids received, only 14 were accepted. The bonds will be officially allotted on March 24, 2026.

The money raised will be used to fund infrastructure projects and affordable housing.

Tata Motors Hikes PV Prices From April

Tata Motors Passenger Vehicles (TMPV) said it will increase car and SUV prices from 1 April 2026.

The price hike is mainly to deal with rising costs of raw materials and parts. On average, prices for petrol and diesel (ICE) vehicles will go up by about 0.5%, but the exact increase will depend on the model.

The company said this step is needed to continue production smoothly and maintain quality despite higher costs.

Earlier, Tata Motors had also announced up to a 1.5% price increase for commercial vehicles starting April 1 for the same reason.

This is not just one company, many automakers are raising prices.

Overall, car prices are going up across the industry because of higher input costs, global commodity price changes, and economic uncertainty.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

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Indian Share Market Update: Top Gainers and Losers