Indian Developments
Nifty?50 ?4.10% WoW to 24,450.45, with a broad-based decline across size segments. India VIX jumped to 19.88 (+52.22% WoW), signalling a sharp rise in risk perception. Nifty Midcap 150 and Nifty Small Cap declined by 4.10% and 3.90% respectively.
Global equities sold off post US- Israel strikes on Iran and fear gauges jumped; India mirrored this with a VIX surge. FPIs sold aggressively to start March— net ??15,800.7?cr and DIIs net +?25,815.5?cr (buy) in the cash market.
Sectoral Developments
Performance was bifurcated; cyclicals corrected while defensives fell less.
Major laggards
Nifty PSU Bank ?7.04%, Nifty Private Bank ?5.45%, Nifty Financial Services ?5.85%, Nifty Bank ?5.56%, Nifty Realty ?7.09%; Nifty Auto ?5.64%; Nifty Oil & Gas ?4.13%; Nifty Metal ?3.60%.
Resilient spots
Defensives fell less than the market: Healthcare (?1.93%), Pharma (?1.42%), FMCG (?3.95%); IT (?1.36%) also outperformed on a relative basis. Policy-linked themes outperformed on an absolute basis: Nifty India Defence +3.78%, Nifty CPSE +0.52%.
Global Developments
Global cues remained overwhelmingly negative as investors moved toward safe-haven assets.
Other Markets
Source: www.nseindices.com; MCX Gold Prices; Economic times, Bloomberg.
Data for week ended on March 06, 2026.
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