Mumbai, March 30, 2026: Dalal Street opened the week on a cautious note as banking and financial stocks came under heavy selling pressure. Escalating geopolitical tensions and rising crude oil prices triggered a broad-based decline, with most Nifty sectoral indices closing in the red.
Private and PSU banks were the biggest drag, while a few large block deals — especially in Wipro — highlighted selective institutional interest even in a weak market.
Major Stock Losers (March 30 Close)
- Bajaj Finance: -4.95% at ₹802
- SBI: -3.8% at ₹980.8
- Axis Bank: -3.05% at ₹1,168.4
- HDFC Bank: -2.8% at ₹735
- Kotak Bank: -3.59% at ₹353
- IndusInd Bank: -4.86% at ₹754
- Bharti Airtel: -2.97% at ₹1,789.2
Sectoral Performance
- NIFTY PSU BANK: -4.56%
- NIFTY FINANCIAL SERVICES EX-BANK: -3.78%
- NIFTY PRIVATE BANK: -3.37%
- NIFTY REALTY: -2.84%
- NIFTY AUTO: -2.39%
Defensive/commodity sectors held up better: NIFTY METAL (-0.21%) and NIFTY OIL & GAS (-0.39%).
Notable Large Deals on March 27
Despite the sell-off, significant block trades were seen in:
- Wipro: 5,61,000 shares
- IRFC: 51,000 shares
- Infosys: 44,931 shares
- SAGILITY: 44,288 shares
- PCBL: 32,000 shares
- KEI Industries, Persistent, Federal Bank, and CDSL also witnessed notable quantities.