The escalation in the Iran-Israel war, elevated crude oil prices, and the rupee's fresh lifetime lows further dented market confidence. "Technically, the index continues to show a bearish bias in both the short and medium term, as it is forming a pattern of lower highs and lower lows. Market volatility is expected to remain elevated in the near term amid uncertain global cues, rising crude oil prices, and escalating geopolitical tensions," the brokerage said. Out of the 4,556 stocks that traded on the BSE on March 23, Monday, 581 stocks witnessed advances, 3,858 saw declines while 117 stocks remained unchanged. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own.

Source: Economic Times March 23, 2026 21:59 UTC