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Bloodbath persists for 2nd straight session; Nifty ends below 22,350 mark

30 Mar 2026 Evaluate

Extending losing streak for second straight session, Indian equity benchmark -- Nifty -- ended significantly lower on Monday amid exaggerated geopolitical tensions. Index began the session with cut of over one percent and remained under pressure till the end of the session as ongoing US-Iran conflict entered its fifth week, created uncertainty across global markets. Further, cautiousness prevailed after the Finance Ministry flagged an uncertain near-term outlook, citing external shocks - particularly the West Asia crisis - as key downside risks due to elevated input costs and possible supply disruptions. Besides, persistent foreign fund outflows dampened market sentiments. As per exchange data, foreign institutional investors offloaded equities worth Rs 4,367.30 on Friday. Meanwhile, rupee depreciation to all-time-low of 95.22 against U.S. Dollar, also impacted trading sentiments. Finally, Nifty ended below 22,350 mark.

All sectorial indices ended in red. The top gainers from the F&O segment were National Aluminium Company, Steel Authority of India and Avenue Supermarts. On the other hand, the top losers were Union Bank of India, Syngene International and Nuvama Wealth Management. In the index option segment, maximum OI continues to be seen in the 23900 - 24100 calls and 22900 - 231000 puts indicating this is the trading range expectation.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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