March 17, 2026 – Indian equity benchmarks remained under pressure for the fifth consecutive session, with the Nifty 50 trading 0.4% lower near 24,050 and the Sensex down 250–300 points around 78,400, as persistent selling in IT, financials and select large-caps continued to dominate. FII outflows moderated but still exceeded ₹1,600 crore in early trade, amplifying mid- and small-cap weakness amid Q4 earnings caution, rural demand slowdown and global yield concerns.
In one of the broadest selloffs in recent months, over 400 stocks across segments touched or breached fresh 52-week lows, underscoring deepening risk aversion and valuation resets in non-defensive themes.
| Symbol | LTP | New 52W Low |
|---|---|---|
| WIPRO | 191.42 | 188.25 |
| AAVAS | 1109.4 | 1107.3 |
| ALKYLAMINE | 1265 | 1212 |
| ALLDIGI | 722.6 | 721 |
| VERANDA | 136.95 | 136.51 |
| VARDHACRLC | 32.69 | 31.52 |
| VENUSPIPES | 926.7 | 925 |
| WAKEFIT | 154.86 | 150.63 |
| WINDMACHIN | 220.75 | 219 |
| ZEAL | 68.1 | 66 |
| ZEEMEDIA | 7.3 | 7.1 |
| ZENITHEXPO | 178 | 174 |
- Wipro breached its prior low to ₹188.25, closing at ₹191.42 with 1.89% decline, as IT sector headwinds from delayed US client spending and margin compression persisted.
- Aavas Financiers touched ₹1,107.30 (new 52-week low), settling at ₹1,109.4 down 1.66%, reflecting housing finance pressures from rising funding costs and cautious disbursements.
- Alkyl Amines Chemicals slid to ₹1,212, closing at ₹1,265, amid specialty chemicals weakness tied to global demand slowdown and input volatility.
- Veranda Learning Solutions hit ₹136.51, down 2.33% at ₹136.95, as edtech peers faced enrollment headwinds post-pandemic normalisation.
Broader market participation in the lows signals heightened caution; Nifty support at 24,000 remains pivotal ahead of budget previews and key earnings releases.
