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SENSEX DROPS 1,043 PTS; REALTY SHARES TUMBLE

Published on Mar 30, 2026 12:34

The domestic equity benchmarks traded with deep cuts in the afternoon, as the escalating war between Iran and the U.S.-Israel alliance reignited a surge in crude oil prices, weighing on global market sentiment. The Nifty traded below the 22,550 mark. Realty shares extended losses for the second consecutive trading session.

At 12:26 ST, the barometer index, the S&P BSE Sensex plunged 1,043.46 points or 1.42% to 72,539.76. The Nifty 50 index tumbled 307.80 points or 1.35% to 22,510.80.

The broader market underperformed the frontline indices. The BSE 150 MidCap Index fell 1.71% and the BSE 250 SmallCap Index dropped 1.90%.

The market breadth was weak. On the BSE, 921 shares rose and 3,283 shares fell. A total of 194 shares were unchanged.

Derivatives:

The NSE`s India VIX, a gauge of the market`s expectation of volatility over the near term, jumped 5.04% to 28.16. The Nifty 30 March 2026 futures were trading at 22,676.60, at a discount of 165.80 points as compared with the spot at 22,510.80.

The Nifty option chain for the 28 April 2026 expiry showed a maximum call OI of 33.5 lakh contracts at the 24,000 strike price. The maximum put OI of 45.2 lakh contracts was seen at 23,000 strike price.

Buzzing Index:

The Nifty Realty index fell 2.13% to 655.90. The index dropped 5.23% in the two consecutive trading sessions.

Brigade Enterprises (down 6.58%), Anant Raj (down 4.44%), Prestige Estates Projects (down 4.12%), Lodha Developers (down 3.17%), DLF (down 3.12%), Sobha (down 2.78%), Godrej Properties (down 1.99%), Oberoi Realty (down 0.84%) and Aditya Birla Real Estate (down) declined.

Stocks in Spotlight:

CMS Info Systems added 0.46%. The company�s board approved the acquisition of operating assets related to the ATM Management solutions business of Financial Software and Systems (FSS) along with novation of customer contracts.

KNR Constructions surged 8.75% after the company announced the receipt of a project award from the National Highways Authority of India.

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