NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Indian Stock Market Witnesses Sharp Decline

On March 27, the Indian stock market experienced a significant downturn across all segments, resulting in a decline of 2.25% in the Sensex and 2.09% in the Nifty 50. The Sensex closed at 73,583, a drop of 1,690 points, while the Nifty 50 settled at 22,820, down 487 points.

The BSE 150 Midcap index declined by 2.18%, and the BSE 250 Smallcap index plummeted by 1.82%. The total market capitalization of BSE-listed firms decreased to ₹422 lakh crore from ₹431 lakh crore in the previous session, resulting in a loss of approximately ₹9 lakh crore for investors.

The Sensex is now down about 15% from its peak of 86,159 on December 1, 2025. The market decline was attributed to rising bond yields, negative cues from western markets, and mixed Asian performance.

Read also: Expert Portfolio Manager Raja Venkatraman Names Top Investment Picks for June 4

Stocks at 52-Week Lows

A total of 906 stocks, including Hindustan Aeronautics (HAL), Tata Motors Passenger Vehicles, and Swiggy, reached their 52-week lows on the BSE. Other stocks that hit their 52-week lows include Bajaj Housing Finance, IDBI Bank, and UCO Bank.

Stock Market Outlook

According to Vinod Nair, Head of Research at Geojit Investments, the near-term sentiment remains fragile due to geopolitical risks and potential earnings downgrades from supply shocks. However, Nair believes that in the medium-term, pressure may ease as valuation gaps with other emerging markets narrow.

Read also: MarketSmith India's 4 June Stock Recommendations

Ajit Mishra, SVP-Research at Religare Broking, advises participants to maintain a cautious approach, avoid aggressive positioning, and focus on disciplined risk management while adopting a selective, stock-specific trading strategy. The immediate support on the technical front is around 22,500, and a decisive break below this level could trigger further downside towards 22,000.

Investor Takeaway

Investors should be cautious and consider diversifying their portfolios in response to the market decline.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.