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Sensex Today | Stock Market LIVE Updates: Nifty falls towards 23,500 as recovery gets sold into

Published on 23/03/2026 12:02 PM

Voltas shares decline, making it one of the biggest losers at the Nifty Midcap 100 index

The markets continue to trade lower, despite attempts at recovery.

Rajesh Palviya, VP Technical and Derivative Research Axis Securities, Axis Securities

As the markets slump further, these are the biggest volume-based movers.

According to a presentation provided with exchanges, Power Grid Corporation of India Ltd. raised its capital expenditure (capex) prediction for FY26 to ₹35,000 crore from its previous estimate of ₹32,000 crore, which caused its shares to jump.

 

JN Gupta, Former ED, SEBI

Sources with knowledge of the situation told CNBC-TV18 on Monday, March 23, that Kotak Mahindra Bank Ltd. has become the front-runner to buy Deutsche Bank’s retail division in India. In keeping with the market sell-off, the stock is continuing to lose money on Monday.

 

The India VIX index, which indicates volatility in the market, is at its high mark of 15%.

The Adani Group’s flagship Adani Enterprises has slumped to a 52-week low.

The Aviation Minister has noted that rising worldwide prices will have a delayed but unavoidable impact on aviation fuel prices, which are expected to increase significantly starting in April.

 

Margins are being impacted by growing input costs, a declining rupee, and increased oil prices, according to Gautam Duggad of Motilal Oswal Financial Services.

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Axis MF Marquee schemes have underperformed benchmarks.

Axis Mutual Fund loses market share in terms of folios

NAV Growth Vs AUM Growth

The shares of Happiest Minds Tech have fallen in today’s trade, falling below ₹400 per share.

The shares of the third-largest telecom player, Vodafone Idea, have fallen by over 18% this month.

DCX Systems was awarded a ₹564 crore deal to produce and supply Maritime Patrol Radar Systems for use in airborne applications.

 

Brent remains on higher levels, fostering more volatility in the market.

Silver MCX has also dropped along with Gold, as precious and base metals remain under pressure.

Gold Slumps over 5% on MCX.

Power Grid | Increases FY26 Capex Guidance To ₹35,000 Cr

Capitalisation Target Increased To ₹25,000 Cr

Have Achieved 102% Of FY26 Capex Guidance As Of March 22, 2026

Have Achieved 91% Of FY26 Capitalisation Guidance As Of March 22, 2026

Index           Fall From Highs

Speaking on Monday, March 23, at the National Press Club in Australia’s capital, Birol cautioned that growing hostilities and tensions in West Asia had seriously interrupted the world’s oil supply, endangering the world economy.

 

Shivangi Sarda, Analyst – Equity Derivatives & Technicals, Broking & Distribution, Motilal Oswal Financial Services-

Samiran Chakraborty, Chief Economist, Citi India On CNBC-TV18

The Nifty PSU bank index has fallen by over 16% this month.

The Nifty Auto Index has fallen from its highs, dropping further in today’s session.

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