- 🇮🇳 Indian Market: Markets saw a sharp fall today, extending the downtrend as weak global cues and rising West Asia tensions hurt sentiment. This pushed crude oil prices higher ⛽, while continued FII selling and a weaker rupee further reduced risk appetite. The 18% jump in India VIX reflects growing fear 😰, and although markets may stay cautious, this correction is slowly creating selective long-term opportunities.
- 📊 Market Breadth: On the NSE, 213 stocks ended in the green, while 2827 stocks closed in the red.
- 🌍 Global Market: Wall Street closed sharply lower on Friday, with the S&P 500 hitting a six-month low 📉 as the ongoing US-Iran conflict raised concerns about inflation and interest rates ⚠️. This uncertainty spread to Asia, where markets fell while US bond yields climbed to eight-month highs. At the same time, oil prices stayed highly volatile and gold dropped sharply, reflecting growing nervousness across global markets.
Market Update 📰:23-3-2026
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