Mumbai, March 30, 2026 – The Indian equity benchmarks ended Monday’s session in the red, with broad-based selling pressure most evident in the financial services and banking sectors. All major sectoral indices closed negative, reflecting profit booking and cautious sentiment among investors.
Sectoral Performance Highlights:
Worst Performing Sectors:
- NIFTY PSU Bank tumbled 4.56%, the biggest sectoral loser of the day.
- NIFTY Financial Services Ex-Bank dropped 3.78%.
- NIFTY Private Bank fell 3.37%.
- NIFTY Financial Services 25/50 declined 3.40%.
- NIFTY MidSmall Financial Services lost 3.63%.
Heavyweight banking stocks mirrored this weakness, with HDFC Bank (-2.80%), Axis Bank (-3.05%), SBI (-3.80%), and Kotak Mahindra Bank (-3.59%) dragging the indices lower.
Other Notable Declines:
- NIFTY Realty –2.84%
- NIFTY Consumer Durables –2.58%
- NIFTY Auto –2.39%
- NIFTY Media –2.50%
- NIFTY IT –1.62%
Relatively Resilient Sectors:
- NIFTY Metal limited losses to just 0.21%, supported by gains in National Aluminium (+4.30%) and Vedanta (+1.41%).
- NIFTY Oil & Gas was nearly flat, down only 0.39%, aided by ONGC (+1.05%).
Market Snapshot (Top Traded Stocks):
- HDFC Bank remained the highest traded stock by value (₹76,358 crore), despite its 2.8% decline.
- Bajaj Finance plunged 4.95% to ₹802.
- Dalmia Sugar emerged as a standout gainer, surging 10.58% on heavy volumes.
- Reliance Industries closed marginally positive at ₹1,348.30.
