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News18
Market Updates Today: Indian equity benchmarks traded sharply lower on Wednesday morning, with selling pressure visible across large-caps, mid-caps and small-caps, even as crude oil again crossed $100 per barrel amid worsening Iran-US-Israel war.
In the opening trade, the Nifty 50 declined 1.26% to 23,565.70, slipping below the 23,600 mark. The index had closed at 23,866.85 in the previous session.
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The BSE Sensex plummeted around 1,000 points to trade at 75,890.57 in the early trade.
The broader market also remained under pressure. The Nifty Next 50 fell 1.71%, while the Nifty Midcap Select declined 1.81%, indicating stronger selling in mid-sized companies. The Nifty Smallcap 100 dropped 1.73%, showing that risk appetite weakened across the broader market.
Banking stocks were among the major drags. The Nifty Bank index slipped 1.67% to 54,803, while the Nifty Financial Services index declined 1.52%, reflecting weakness across both private and public sector lenders.
(This is breaking. Details will be added shortly.)
March 12, 2026, 09:28 IST
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