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The market has managed to mark a minor recovery from the lows of the day.

Stock                                  FY27 P/E                           5-yr avg

Here is a look at the key movers of the Indian markets amid the sell-off.

On Monday, March 23, shares of HDFC Bank Ltd. opened down following a reduction in the stock’s target price by the broking company HSBC. The broker reduced its target from ₹1,070 to ₹990 while maintaining a ‘Buy’ rating.

The expansion of AI-driven data centres and robust structural demand from renewable energy sources, according to Rakesh Arora, founder of GoIndiaStocks.com, indicates that the metals rally is still ongoing. Tight supply and demand will support prices even though short-term volatility can continue.

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

Quick commerce confronts competition and slower growth, but increasing unit economics and a turn to profitability could help stocks, according to Karan Taurani, EVP of Elara Capital. Concerns about LPG have subsided, and despite competition, platform fees are increasing food delivery profits.

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The price of crude standard Brent Crude has hit the $114 mark, furthering the rise in price.

Bosch Announces JV With Tata Auto Comp Systems To Accelerate Future Growth In E-Mobility

On Monday, March 23, shares of Vishal Mega Mart Ltd. fell more than 3% despite an increase in the stock’s rating by broking company Ambit Institutional Equities. The stock has now fallen below ₹100.

On Monday, March 23, Hindustan Zinc Ltd. and Tata Steel announced a collaboration to increase the usage of its low-carbon zinc product, EcoZen, in steel production to lower emissions throughout the value chain.

Vedanta Vs Adani

The Markets are under immense pressure and are at their day’s low at this hour.

Anindya Banerjee, Head of Research-Currency, Kotak Securities On CNBC-TV18

Gold : 2026

All time high : $5600

Current : $4200

Silver : 2026

All time high : $120

Current : $62

Precious metals : Past month

Gold : -18%

Silver  : -28%

Prices turn negative for 2026 : Prices YTD

Gold : -2.5%

Silver : -12.5%

Fino Payments Bank shares have fallen over 7% intraday.

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As the value of the US Dollar rose in the Dollar index, the price of gold declined further.

Silver falls further, as the precious metal declines amid the West Asia war.

Brent Crude, the standard for measuring crude prices, has increased further to $113.

Telangana HC Dismisses Writ Filed By Fino Payments Bank MD Challenging His Arrest

Along with the frontline indices, the Nifty Midcap index has fallen a colossal 4% in today’s trade.

Nifty Bank falls over 1,800 points or 3.39%

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