Indian Market Close
The Nifty 50 closed at 23,852.75, down 143.50 points or 0.60% from the previous session. The Sensex shed 420 points during the day, with both benchmarks extending losses from an opening at 23,904.80. The decline marked the fifth consecutive session of negative returns, with the Nifty now down 8.32% year-to-date.
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 23,852.75 | -143.50 | -0.60% |
| Sensex | — | -420 pts | — |
Sectoral Performance
All sectoral indices except media traded in negative territory. The furniture sector bucked the trend with gains of 2.29%, followed by refractories up 2.09% and paper adding 1.74%. Education and auto manufacturers posted modest advances of 1.34% and 1.25% respectively.
Plastic and polymers rose 1.20%, providing some support amid the broader selloff. The Nifty 50 index represents approximately 53.73% of the free float market capitalization of NSE-listed stocks as of March 30, 2026.
GIFT NIFTY Session
GIFT NIFTY ended at 23,869.00, down just 0.50 points or 0.00% from the previous close of 23,869.50. The contract opened at 23,884.00 and traded in a 191-point range between a session high of 23,992.00 and a low of 23,801.00. The offshore derivative tracked the cash market's downward bias through the Indian trading hours, hitting its intraday peak during the midday surge before retreating into the afternoon.
| Parameter | Level |
|---|---|
| LTP | 23,869.00 |
| Open | 23,884.00 |
| High | 23,992.00 |
| Low | 23,801.00 |
| Change | -0.50 (-0.00%) |
The contract saw heightened volatility around the 12:30 to 13:30 IST window, rallying over 100 points from 23,943.50 to 23,992.00 before sellers emerged. Post-3:00 PM, GIFT NIFTY slipped sharply from 23,901.50 to the session low of 23,801.00 as the cash market weakened into the close, then recovered modestly into the Session I close at 18:10 SGT.
Session II Outlook
GIFT NIFTY heads into Session II at 23,869.00, virtually unchanged from the previous close and trading 16 points above the Nifty 50 cash close of 23,852.75.