Brief by Shorts91 Newsdesk / 04:37am on 30 Mar 2026,Monday India
Indian equity benchmarks BSE Sensex and NSE Nifty50 opened sharply lower on the final trading day of the quarter, with Sensex falling over 1,000 points and Nifty dropping around 300. Banking stocks, especially Nifty Bank and PSU Bank indices, led the decline as all sectoral indices traded in the red. Market volatility surged, with India VIX rising above 28, signalling heightened investor anxiety. Foreign investors have offloaded nearly $12 billion worth of Indian equities in March amid global tensions. Meanwhile, the rupee opened at 93.56 against the US dollar, reflecting pressure from ongoing geopolitical uncertainty and capital outflows. (PC: X)
