Nifty 50: How the benchmark index performed on 27 March
Indian equities witnessed a sharp risk-off session on 27 March, with the Nifty 50 declining 2.09% (−486.85 points) to close at 22,819.60, breaching key near-term support levels and ending near the day’s low of 22,804.55. The sell-off was broad-based, reflected in weak market breadth, with decliners (2,814) significantly outpacing advancers (505), indicating widespread pressure across segments. On the sectoral front, PSU Banks, Realty, Auto, and Financial Services led the losses, each falling approximately 2-4%, while defensives such as IT and Pharma showed relatively better resilience with milder losses. Heavyweight financials and consumption stocks dragged the index lower, suggesting continued profit booking and cautious sentiment.
