Liquide Market Summary 12th March 2026
Indian equity indices extended losses for the second consecutive session on March 12, driven by escalating geopolitical tensions that pushed crude oil prices above $100 per barrel.
Indian Stock Market Today: Indian equity indices extended losses for the second consecutive session on March 12, driven by escalating geopolitical tensions that pushed crude oil prices above $100 per barrel. Weak global cues, a depreciating rupee and continued FII selling further dampened investor sentiment.
Nifty opened below 23,700 and extended its losses throughout the session, hitting an intraday low of 23,556.30. While the index saw some recovery, hovering around the 23,700 mark, final-hour selling led to a close near the day's low.
Broader indices fared slightly better than the benchmarks, with the Nifty Midcap and Smallcap indices falling 0.4% and 0.7%, respectively.
Among sectors, Auto, FMCG, Realty, Financial Services and Private Bank indices saw declines of 1-3%, while Energy, Media, Metal and Oil & Gas gained between 0.3-2%.
NIFTY: The index opened 192 points lower at 23,674.85, reached a high of 23,833.15 and closed at 23,639.15. Nifty formed a small-bodied bearish candle with upper and lower shadows. Immediate resistance is placed at 23,760, while immediate support stands at 23,550.
BANK NIFTY: The index opened 727.55 points lower at 55,008.20, reached a high of 55,636.95 and closed at 55,100.95. Bank Nifty formed a small-bodied bullish candle with long upper and minor lower shadows. Immediate resistance is placed at 55,400, with support around 54,800.



Stocks in News
- Omnitech Engineering: Stock surged 5.5% after the company secured a 5-year contract worth ₹920 crore from Weatherford Products GmbH.
- Enviro Infra Engineers: Stock jumped 4.5% after the company won a sewerage network project valued at ₹411.08 crore in Aurangabad, Bihar.
- Aarti Industries: Stock rose nearly 4% after the firm secured a multi-year supply contract worth $150 million from a global agrochemical company for a key crop-protection intermediate.
Other News
- European and Asian equity markets traded lower on Thursday, with stocks facing pressure from rising crude oil prices and escalating geopolitical tensions in the Middle East.
- Oil prices surged sharply as Iran intensified attacks on oil and transport facilities across the region, raising concerns about a prolonged conflict and potential disruptions to oil flows through the Strait of Hormuz.
- Gold prices remained largely unchanged, as margin calls from falling equities, a stronger dollar and reduced expectations for rate cuts offset the typical safe-haven demand for bullion amidst the escalating Middle East war.
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