Stock Market Highlights: Sensex, Nifty 50 end lower but off lows, global markets under pressure

Stock Market Highlights: Sensex, Nifty 50 end lower but off lows, global markets under pressure
1 Min(s) Read

Share Market Highlights: Indian equities benchmarks NSE Nifty 50 and BSE Sensex ended with losses, however, off day's low. The Sensex ended down over 350 points, while the NSE Nifty 50 near the 17,000 mark. The 50-stock index also broke below its March 16 low of 16,850 in the intraday session.

Live Updates

Thank you, readers! That's all from's live market coverage on March 20, 2023. Stay tuned for other updates on our website:

You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News

And on Facebook, LinkedIn, Instagram and Telegram

Download our mobile app for Android and iOS platforms

Mar 20, 2023 3:53 PM

Stock Market Update | LKP Securities' Rupak De on Nifty

"Nifty formed a hammer-like pattern on the daily chart, suggesting a reversal in the prevailing trend. On the daily chart, it fell below 16950 only to close a bit higher. The momentum indicator remained in a bearish crossover with a reading below 40. On the hourly chart, the index has moved higher following a consolidation. The RSI on the smaller timeframe has entered a bullish crossover. On the higher end, the index may move up towards 17250. On the lower end, closing basis support remains intact at 16,950," says Rupak De, Senior Technical Analyst at LKP Securities.

Mar 20, 2023 3:47 PM

Market at Close | Sensex and Nifty 50 end lower as markets globally remain under pressure

Market Closes In The Red, But Makes Sharp Intra-day Recovery From Lows

Financials Lead Recovery After A Breach of October 2022 Lows By Sensex & Nifty

Sensex Falls 361 Points To 57,629 & Nifty 112 Points To 16,988

Nifty Bank Slips 236 Points To 39,362 & Midcap Index 310 Points To 29,783

Except FMCG & Media, All Sectoral Indices Close Lower, Metal Top Losing Index

RIL Slips For 8th Straight Session, Biggest Losing Streak In 9 Yrs, Stock At 52-wk Low

OMCs Gain In A Weak Session As Crude Hits Fresh 15-month Low, Brent Near $71

Except Adani Green, All The Adani Group Stocks Fall, Down Upt To 5%

IT Stocks Remain Under Pressure On Global Banking Crisis, Nifty IT Falls Over 1%

Except Kotak Bank & Federal Bank, All Nifty Bank Constituents Slip, HDFC Bk Top Loser

Can Fin Homes Closes Off Lows As It Announces Suresh Iyer As New MD & CEO

Gold Surging To Record High Helps Muthoot & Manappuram Gain, Muthoot Up 2%

Balrampur Chini, HAL, India Cements, Piramal Ent, Max Fin Are Top Midcap Losers

Market Breadth Firmly In Favour Of Declines, Advance-Decline Ratio At 1:3

BSE Companies Erase Market Cap Of `1.88 Lakh Cr Today

Mar 20, 2023 3:37 PM

Rupee Close | Rupee ends lower at 82.64 vs dollar

Mar 20, 2023 3:35 PM

Nifty 50 Update | Index nears 17,000

The 50-share point index is down 0.6 percent or 101.3 points from its previous close. 

Mar 20, 2023 3:20 PM

Share Market Updates | How India's gas companies benefit from halving of Spot LNG prices

High gas prices have hit the margins and earnings of the city gas companies in past quarters. (Read more)

Mar 20, 2023 2:56 PM

Stock Market Update | Global Turmoil Continues

- Crude oil prices down 4 percent today after a 12 percent drop last week
- Crude oil prices are at a 15-month low
- Sell-off continues in global equity markets
- Experts say banking turmoil could cause a recession
- China Unipec buys 2 million barrels of North Sea Crude
- All eyes on FOMC meeting on Wednesday

Mar 20, 2023 2:35 PM

Nifty 50 Update | Top Contributors To The Downside

- Reliance Industries contributing 25 points to the downside
- HDFC Bank contributing 22.3 points to the downside
- Infosys is contributing 18.3 points to the downside
- TCS is contributing 16.7 points to the downside
- Bajaj Finance is contributing 14.2 points to the downside

Mar 20, 2023 2:26 PM

Stock Market Update | Benchmark Indices Fight To Protect Lows

- Sensex down 700 points to 57,299
- Nifty 50 down over 200 points to 16,884
- Nifty Bank down over 500 points to 39,084
- Both Nifty and Nifty Bank are fighting to protect their recent lows
- 43 out of the 50 index constituents trade with losses
- Bajaj Finance and Bajaj Finserv are the top Nifty 50 losers

Mar 20, 2023 2:22 PM

Global Market Update | Jitters Continue Even After Credit Suisse-UBS Deal

- Most European markets have opened with losses of over 1.5 percent
- Money moving to bonds with US 10-year yield dropping to 3.3 percent
- Dollar Index is nearly back to the mark of 104
- Credit Suisse shares down 60 percent, while UBS down 12 percent post deal
- Credit Suisse shares down nearly 60 percent in pre-market trading in the US as well

Mar 20, 2023 2:18 PM

Stock Market Update | Jindal Steel & Power gets BIS licence to produce fire-resistance steel

The company will manufacture the hot-rolled structural steel at its Rail Mill and Special Profile Mill in Raigarh, Chhattisgarh. (Read more)

Mar 20, 2023 2:12 PM

Stock Market News | TTIPL-RVNL consortium emerges lowest bidder for project worth Rs 1,271.99 crore

Tracks & Towers Infratech Pvt. Ltd and RVNL Is Rail Vikas Nigam Limited consortium has emerged as the lowest bidder for NHAI six-lane project in Jharkhand.

Mar 20, 2023 1:59 PM

Nifty 50 Update | Stocks Contributing To The Downside
- Reliance contributing 26.9 points to the downside
- HDFC Bank contributing 25.9 points to the downside
- Infosys contributing 23.1 points to the downside
- TCS contributing 20.2 points to the downside
- Bajaj Finance contributing 12.6 points to the downside

Mar 20, 2023 1:45 PM

Share Market Update | CIO-Centrum PMS' Anil Sarin on sectors 

“Infrastructure is one area where there is an availability. Real estate also has a lot of strength. Healthcare quite independent of everything else is doing quite well. Select technology stocks, not to be confused with IT stocks but technology oriented, digital business model kind of companies which are focused on the Indian market. So, their pockets where you should consider nibbling even under this bad market condition," says Anil Sarin, CIO-Centrum PMS.

Mar 20, 2023 1:42 PM

Stock Market Update | KPI Green commissions 

Company successfully commissioned 7.27 MWdc solar power project through KPI Green Energy and 2.91 MWdc through KPIG Energia Private Limited, a wholly owned subsidiary of the company, under the 'Captive Power Producer (CPP)' Segment of the Company.

Mar 20, 2023 1:26 PM