Brief by Shorts91 Newsdesk / 10:39am on 11 Mar 2026,Wednesday Business
Domestic stock markets ended sharply lower on Wednesday as heavy selling in banking, auto and IT stocks dragged indices down. The BSE Sensex closed 1,342 points lower, while the Nifty 50 slipped below the 23,900 mark. Financial stocks led the losses. Shares of Bajaj Finance fell about 5 percent. HDFC Bank, ICICI Bank and Axis Bank also ended in the red. Auto stocks such as Mahindra & Mahindra, Bajaj Auto and Maruti Suzuki declined. IT majors Tata Consultancy Services and Infosys also traded lower. Rahul Singh of Tata Asset Management said, “Recent geopolitical developments in the Middle East have led to an increase in the risk premium for Indian equities.” He added that concerns over crude prices and foreign fund outflows continue to affect market sentiment. (PC: India Today)
