|

Zee Live News News, World's No.1 News Portal

Stock Market Live March 23: Sensex, Nifty to open weak on global sell-off, oil surge, FII outflows

Author: admin_zeelivenews

Published: 23-03-2026, 3:27 AM
Stock Market Live March 23: Sensex, Nifty to open weak on global sell-off, oil surge, FII outflows
Telegram Group Join Now
Dramatic stock market crash, red downward arrows and declining financial charts superimposed  business Trading, economic downturns and market volatility, money, investment advisories, market risks

Dramatic stock market crash, red downward arrows and declining financial charts superimposed business Trading, economic downturns and market volatility, money, investment advisories, market risks
| Photo Credit:
Thitima Uthaiburom

tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 23th March 2026.

Indian equity markets are poised for a weak start, with technical indicators signalling continued downside pressure. 

Gift Nifty points to a gap-down opening, while key indices remain below crucial resistance levels, indicating a bearish bias. Immediate support for Nifty is seen near 22,900, and a break below could accelerate declines towards 22,200. Elevated India VIX around 22 reflects heightened volatility, increasing the likelihood of sharp intraday swings. 

Persistent FII outflows and rupee weakness are reinforcing the negative trend. However, oversold conditions on short-term charts may trigger intermittent pullbacks. Overall, the market remains range-bound with a downside tilt unless key resistance levels are decisively breached.

Top five technical triggers this week

1 Critical support zones (make-or-break levels)

Nifty 50: 22,900 → break may trigger fall to 22,200

Sensex: 73,000–72,800

Nifty Bank: 53,300 → below this, 52,000 comes into play

*These are immediate downside triggers; markets are fragile here.

2 Stronger medium-term support (bottom formation zones)

Nifty: 22,200–22,000

Nifty Bank: 52,200–52,000

Sensex: 72,800–72,250

*Watch for price stability / reversal signals here — potential bottoming zones.

3 Key resistance ceilings (trend reversal triggers)

Nifty: 24,000

Sensex: 77,000–77,500

Midcap 150: 21,000

*A sustained breakout above these levels can shift sentiment back to bullish.

4 Range-bound market structure (sideways bias)

Likely ranges forming:

Nifty: 22,900–24,000

Sensex: 73,000–77,000

*Indicates consolidation phase unless breakout/breakdown happens.

5 Sector & sentiment divergence

Weakness: Oil & Gas (-3.3%)

Strength: Telecom (+2%)

Key trigger: HDFC Bank drag on indices

*Stock-specific pressure (especially banking) is driving index volatility.

  • March 23, 2026 08:57

    Corporate moves: EX-DIVIDEND Today 

    CASTROL INDIA – Rs 5.25

    INDIA GLYCOLS – Rs 7.50

    PFC – Rs 3.25

    EX-DATE #Today 

    TIL LTD – Rights Issue of Equity Shares

  • March 23, 2026 08:56

    GOA CARBON: PARADEEP UNIT TEMPORARILY SHUT FOR SCHEDULED MAINTENANCE

  • March 23, 2026 08:56

    Kirloskar Industries resumes high-pressure moulding line at Solapur plant after LPG supply disruption

    KIRLOSKAR INDUSTRIES: CO UNIT, HAS RESUMED OPERATIONS OF ONE HIGH PRESSURE MOULDING LINE AT ITS SOLAPUR PLANT FROM MARCH 21, WHICH WAS EARLIER IMPACTED DUE TO LPG SUPPLY DISRUPTIONS LINKED TO MIDDLE EAST GEOPOLITICAL ISSUES

  • March 23, 2026 08:56

    RITES wins ₹105.69 crore rail maintenance contract from RDSO

    RITES: CO SECURES RUPESS 105.69 CR RAIL MAINTENANCE CONTRACT FROM RDSO

  • March 23, 2026 08:55

    Adani Green adds 510 MW at Khavda; total capacity nears 18 GW

    ADANI GREEN ENERGY: OPERATIONALIZES 510 MW CAPACITY AT KHAVDA, TOTAL CAPACITY NEARS 18 GW

  • March 23, 2026 08:54

    Saudi Aramco cuts oil supply to Asia for second month in April

    Saudi Aramco cuts oil supply to Asia for second month in April

    Saudi Aramco reduces April oil supply to Asia for the second month, aiming to boost exports amid Strait of Hormuz disruptions.

  • March 23, 2026 08:51

    US destroys Iran drone engine plant as conflict escalates

    US destroys Iran drone plant as Macron calls for restraint in escalating conflict

    US strikes Iran’s drone engine plant as conflict intensifies, while Macron urges restraint and calls for secure navigation in the Strait of Hormuz.

  • March 23, 2026 08:50

    Gold slides over 2% as West Asia tensions stoke inflation fears

    Gold slides over 2% as West Asia tensions stoke inflation fears

    Gold prices drop over 2% amid escalating West Asia tensions and rising inflation fears, reaching a four-month low.

  • March 23, 2026 08:49

    Israel launches fresh strikes on Iran as conflict intensifies

    Israel launches fresh strikes on Iran as West Asia conflict escalates

    Israel targets Iran infrastructure in fresh strikes as missile attacks intensify, with tensions spilling into Saudi Arabia and UAE amid fears of wider conflict.

  • March 23, 2026 08:42

    Crude rallies past $110 as West Asia tensions hit energy supply

    Oil prices surge amid Strait of Hormuz disruption, supply shock

    Brent crude jumps over 60% amid Middle East conflict, disrupting oil and LNG supply, raising concerns for India and other import-dependent economies.

  • March 23, 2026 08:28

    Japan’s Nikkei, bonds hit multi-month lows on war-driven inflation fears

    – Japan’s stocks and bonds sank to multi-months lows on Monday as an escalation in the Middle East war stoked ‌inflation fears and concerns over an economic slowdown.

    The Nikkei slumped as much as 5% earlier in the session, wiping ⁠out all its gains for the year. The Nikkei had surged to a record high of 59,332.43 last month and was on track to breach ‌the 60,000 mark, fuelled by expectations that Prime Minister Sanae Takaichi’s stimulus plan would accelerate corporate growth.

    The index traded more ‌than 14% lower from the record high on Monday, as ‌the ⁠Strait of Hormuz, a vital link to Japan’s ⁠oil supply, remains closed. The country gets around 90% of its oil shipments via the passage. – Reuters

  • March 23, 2026 08:27

    South Korean shares fall 5%, won hits 17-year low on Mideast conflict
    Body

    – South Korean shares tumbled on Monday on heightening geopolitical conflict in ‌the Middle East, with the won hitting 17-year lows.

    U.S. President Donald Trump and Iran threatened to escalate their ⁠war by attacking energy facilities in the Gulf, a potential widening of hostilities which could deepen a regional crisis and add to concerns in global ‌markets.

    The benchmark KOSPI fell 289.24 points, or 5%, to 5,491.96 as of 0131 GMT, extending losses even ‌after a trading curb was activated on the index earlier ‌in ⁠the session. – Reuters

  • March 23, 2026 08:23

    Nifty forms inverted hammer, faces resistance near 23,350

    Akshay Chinchalkar, Managing Partner and Head of Markets Strategy at the Wealth Company

    Over to stocks, and the nifty closed 0.5% up at 23114, but not before giving up a reasonable amount of intraday gains. The India VIX finished flat. Mid- and small caps rose more than the nifty. Nearly three stocks rose for every stock that fell on the Nifty 500. Seven of the 12 NSE sectors advanced, with IT stocks rising 2.2% and becoming the day’s best performers. Realty stocks fell the most, dropping 0.9%. Speaking nifty stocks, JSW Steel was the day’s best stock with a 3.4% gain while Hindalco was the worst as it fell 2.5%. Technically speaking, Friday’s candle became an “inverted hammer” with a long upper shadow which means sellers remain active near 23350. Unless the market is able to break through this area, the trend will remain weak. 

    Immediate resistance lies in the 23345 – 23379 zone, while support lies between 22680 and 22923. 

    Talking flows, based on provisional data, foreigners withdrew over 5500 cr while domestic players invested around 5700 cr. FIIs have now withdrawn money for 16 straight days through Friday.

  • March 23, 2026 08:08

    WATCH: Nifty & Bank Nifty this week

  • March 23, 2026 08:07

    Maanaveeya sanctions ₹20 crore term loan to Akme Fintrade

    Fund infusion

    Maanaveeya Development & Finance Private Limited has sanctioned Term Loan of Rs. 20 crore to Akme Fintrade (India) Ltd.

  • March 23, 2026 07:40

    Opening Bid: Nifty may open 350 points lower amid global risk-off mood

    Markets seen opening weak amid global sell-off, rising oil, FII selling

    Indian markets may open sharply lower as global sell-off deepens, crude prices rise and FII outflows persist, keeping volatility high and sentiment weak.

  • March 23, 2026 07:14

    US, Iran threaten critical infrastructure as war escalates into fourth week

    US-Iran tensions escalate as Strait of Hormuz threat rattles global oil markets

    US and Iran threaten key infrastructure as war intensifies, raising fears over Strait of Hormuz disruption, oil supply shocks and escalating Middle East conflict.

  • March 23, 2026 07:07

    West Asia conflict, crude oil prices to steer stock markets in holiday-shortened week: Analysts

    West Asia conflict, crude oil prices to steer stock markets in holiday-shortened week: Analysts

    Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to rule investors’ sentiment in a holiday-shortened week ahead, analysts said.

  • March 23, 2026 07:06

    Broker’s call: Aequs (Buy)

    Broker’s call: Aequs (Buy)

    JM Financial recommends buying Aequs with a target price of ₹145 due to strong aerospace growth potential and favorable risk-reward.

  • March 23, 2026 07:05

    Broker’s Call: Hindustan Zinc (Buy)

    Broker’s Call: Hindustan Zinc (Buy)

    Additionally, sentiment has been impacted by concerns around gas availability affecting downstream zinc demand, particularly in the galvanising segment,

  • March 23, 2026 07:05

    22 stocks to watch: Pharma majors, Tata group, SBI, Kotak Mahindra Bank, Varroc, Thomas Cook, Vikram Solar

    22 stocks to watch: Pharma majors, Tata group, SBI, Kotak Mahindra Bank, Varroc, Thomas Cook, Vikram Solar

    Discover key updates on 22 notable stocks, including pharma launches, tax demands, and strategic expansions across various industries.

  • March 23, 2026 06:57

    Short-term rate futures signal likely Fed hike in December

    FOREX MARKET UPDATE: SHORT-TERM INTEREST-RATE FUTURES PRICED FOR A LIKELY FED RATE HIKE IN DEC

  • March 23, 2026 06:56

    Fund Flow Activity: 20 March 2026 

    (Rs. In Crs.)

    Turnover : (NSE + BSE)

    F&O Volume: 241188.43 + 2406660 Total: 2647848.4

    Provisional Cash: Only NSE

    FII/FPI: NET SELL: -5339.62

    (27824.26 – 33163.88) 

    DII: NET BUY: +5333.56

    (21658.23 – 16324.67)

  • March 23, 2026 06:56

    Important Financial Year-End Deadlines (FY 2025-26)

    March 30 (Mon): Last working day of FY 2025-26.

    🛑 Market Holidays & Closures:

    March 26 (Thu): Ram Navami (Market Holiday)

    March 31 (Tue): Mahavir Jayanti (Market Holiday)

    April 1 (Wed): Debt & Liquid Markets Closed (Bank Holiday)

    April 3 (Fri): Good Friday (Market Holiday)

    🚀 New Financial Year:

    April 2 (Thu): The First and Only working day for the start of FY 2026-27.

  • March 23, 2026 06:54

    OMCS, HPCL hike power petrol prices by ₹2/litre; regular rates unchanged

    OMCS ; HPCL Increases Power Petrol Prices By ₹2/Litre 

    Note

    Regular petrol prices remain unchanged. – NDTV

  • March 23, 2026 06:44

    Movers & Shakers: Stocks that will see action this week

    Movers & Shakers: Stocks That Will See Action This Week

    Discover the latest stock insights on Akums Drugs, Ather Energy, and Jindal Steel for potential investment opportunities this week.

  • March 23, 2026 06:43

    Tech Query: Reliance Industries (RIL), Indian Energy Exchange (IEX), Tata Consultancy Services (TCS), Tarsons Products – what is the outlook? Where are these stocks headed? 

    Tech Query: Infosys, Reliance Industries (RIL), Indian Energy Exchange (IEX), Tata Consultancy Services (TCS), Tarsons Products – What Is The Outlook? Where Are These Stocks Headed? 

    Get expert insights on the stock outlook for Reliance Industries, IEX, TCS, and Tarsons Products in this analysis.

  • March 23, 2026 06:43

    Index Outlook: Failed attempt

    Index Outlook: Failed Attempt

    Benchmark indices face potential declines, with key support levels to watch as FPIs continue selling.

  • March 23, 2026 06:43

    US Market Outlook: More room to fall

    US Market Outlook: More Room To Fall

    US market indices face continued declines; analysis predicts potential support levels and future trends for Dow, S&P 500, and NASDAQ.

  • March 23, 2026 06:42

    F&O Tracker: Resistance holds in Nifty futures & Nifty Bank futures

    F&O Tracker: Resistance Holds

    F&O Tracker: Nifty and Nifty Bank show bearish trends; resistance persists, suggesting further declines ahead.

  • March 23, 2026 06:41

    Insights: Why SEBI’s latest mutual fund move matters for redemptions

    SEBI formalises same-day borrowing for mutual funds; AMC to bear cost

    SEBI’s March 13, 2026 circular allows tightly regulated same-day borrowing by mutual funds to meet redemption and payout obligations, while making AMCs bear the cost and risk.

  • March 23, 2026 06:40

    F&O Strategy: Buy BEL futures

    F&O Strategy Buy BEL Futures

    Explore a bullish F&O strategy for Bharat Electronics Limited (BEL) futures, targeting gains with managed risk.

  • March 23, 2026 06:40

    Stock to buy today: Lupin (₹2,322.45)

    Stock to buy today: Lupin (₹2,322.45)

    Buy Lupin stock at ₹2,322; potential dip to ₹2,270 before a projected rise to ₹2,500.

Published on March 23, 2026

Source link
#Stock #Market #Live #March #Sensex #Nifty #open #weak #global #selloff #oil #surge #FII #outflows

Related News

Leave a Comment

Plugin developed by ProSEOBlogger
Facebook
Telegram
Telegram
Plugin developed by ProSEOBlogger. Get free Ypl themes.
Plugin developed by ProSEOBlogger. Get free gpl themes