Markets at close: Indian equity markets closed Friday’s trade on a lower note, seeing sharp cuts during the later hours. The Nifty 50 closed 487 points or 2.09% lower at 22,819.60, while the BSE Sensex cracked 1,690 points or 2.25% to settle at 73,583.
The broader indices remained in line with benchmarks. The Nifty Midcap 100 ended 1,233.25 points or 2.23% lower at 54,097.80.
Markets at 2:40 PM: The sell-off intensified in late trade, with the Sensex plunging 1,554 points, or 2.06%, to 73,719.22, while the Nifty dropped 447 points, or 1.92%, to 22,858.95.
Markets at 11:30 AM: In intraday trading, the Sensex dropped 1,222 points, or 1.62%, to 74,050.95, while the Nifty fell 356 points, or 1.53%, to 22,949.85.
Markets at open: At the opening bell on Friday, the Sensex fell 800 points, or 1%, to 74,517.93, while the Nifty declined 219 points, or 0.94%, to 23,086.70.
The Indian rupee weakened further on Friday, March 27, slipping past the 94 mark against the US dollar for the first time, extending its decline from the previous session.
The top gainers at this hour include TCS, HCL Technologies, Sun Pharmaceutical and the laggards include IndiGo, Bajaj Finance and Reliance Industries among other stocks
“The on and off reaction of the market to news and events regarding the war is likely to continue in the near-term. The spike in Brent crude back to around $108 level will again trigger another round of risk-off in the Indian market,” said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments.
“The market correction since the war began has brought down Nifty valuations to fair levels. Nifty is now trading at about 19 times, which is lower than the last 10-year average of 22.4 times. But if India’s macros take a hit due to this energy crisis, valuations may again decline factoring-in the feared hit to earnings growth in FY27,” he added.
Markets at pre-open: Global developments are likely to set the tone for today’s market session, as investors keep a close watch on tensions in West Asia along with movements in global equities, currencies, and commodities. Early trend indicate a weak start for Indian markets, with GIFT Nifty pointing to a decline of nearly 237 points, or about 1.02%, indicating that the Nifty could open in the 23,000-23,100 range.
Previous session: Markets end higher
On March 25, the Sensex jumped 1,372 points, or 1.89%, to close at 74,068.45, while the Nifty gained nearly 400 points, or 1.78%, to end at 22,912.40.
Key global and domestic cues to watch on March 27, 2026
Asian markets
Asian markets traded lower on Friday, with broad-based selling seen across key indices. Japan’s Nikkei 225 declined 0.9%, while the Topix index slipped 0.4%. South Korea witnessed sharper losses, with the Kospi falling 3% and the Kosdaq dropping 1.5%. In Australia, the S&P/ASX 200 also edged lower, down 0.42% in early trading.
Tension rise amid warnings and military action
Tension between the United States, Israel, and Iran continue to escalate, with strong statements coming from all sides. US President Donald Trump said Iranian officials are privately pushing for a deal but are not showing urgency in public. He warned that Iran needs to act quickly, suggesting that delays could lead to serious consequences. Trump also said that any possible US strikes on Iran’s nuclear facilities would be paused until April 6, claiming the request came from Iran.
At the same time, Israel confirmed a major development on the ground. The country’s defence officials said that Alireza Tangsiri, a senior commander in Iran’s Islamic Revolutionary Guard Corps Navy, was killed in a strike. Israeli authorities indicated that operations could continue, with more Iranian commanders potentially being targeted.
US Market
Wall Street closed on a weak note, with all three major indices ending in the red. The S&P 500 fell 1.7%, while the tech-heavy Nasdaq Composite saw a sharper decline of 2.4%. The Dow Jones Industrial Average also slipped, ending 1.01% lower for the session.
Crude oil
Oil prices edged lower as optimism around a potential US-Iran deal weighed on sentiment.
West Texas Intermediate crude slipped 0.5% to around $94 per barrel, while Brent crude eased 0.93% to about $107 per barrel, indicating a mild cooling in prices after recent geopolitical-driven gains.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.04% down at 99.89 on Friday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.10% to close at 93.97 to the dollar on March 25.
FII, DII data
On March 25, 2026, foreign investors remained sellers in the Indian market, offloading equities worth Rs 1,805 crore, while domestic institutional investors provided support by buying shares worth Rs 5,430 crore, as per provisional exchange data.
Gold rate today
In the international market, gold was trading at $4,372 per ounce.
Gold prices in India remain in sharp focus. On the MCX, April 2, 2026, gold futures were trading at Rs 1,39,910 per 10 grams in the latest update.
Key sectoral losers in last trading session
In the last trading session, sugar stocks rose 5.6%, tyre stocks gained 4.36%, cement stocks were up 3.91%, and ethanol stocks increased 3.77%.
Best and worst performing business group in last trading session
In the last trading session, Poddar Group stocks led the gains with an 8% rise, followed by MP Birla Group up 5.9%, Essel Group gaining 5.74%, and Shriram Group rising 5.55%, while on the downside, Future Group fell 1.46%, Manipal Group declined 2.13%, and Nagarjuna Group dropped 2.52%.