The NIFTY 50 ended sharply lower on March 11, 2026, closing at 23,866.85 after a steep decline of 394.75 points or 1.63%. The session was dominated by geopolitical concerns as the Israel–Iran conflict entered its 12th day, impacting energy markets and pressuring global equities.
Selling intensified across financials, autos and diversified conglomerates, dragging the benchmark deep into negative territory. Despite the widespread weakness, a few stocks such as Jio Financial Services, Coal India and ONGC posted modest gains.
The index opened sharply lower and continued its downward trajectory throughout the session, reflecting heightened global risk aversion. Financial and automotive stocks bore the brunt of the sell-off, with major names witnessing heavy intraday declines.
Energy-linked volatility also influenced investor sentiment due to missile strikes targeting infrastructure facilities in the Middle East. Defensive pockets such as pharmaceuticals and select PSU energy counters provided limited support but could not counter the broader market weakness.
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| Jio Financial Services | 238.50 | 2.50 | 1.06 | 164.96 | 395.40 |
| Coal India | 446.90 | 3.35 | 0.76 | 99.76 | 447.77 |
| Sun Pharma | 1,824.00 | 11.20 | 0.62 | 25.10 | 459.59 |
| Dr Reddy’s | 1,322.40 | 7.80 | 0.59 | 24.54 | 325.59 |
| ONGC | 270.60 | 1.40 | 0.52 | 161.30 | 436.98 |
| Company Name | LTP | Change (₹) | % Change | Volume (Lakhs) | Value (₹ Crores) |
| Bajaj Finance | 893.95 | -45.85 | -4.88 | 111.73 | 1,011.22 |
| Axis Bank | 1,254.00 | -60.70 | -4.62 | 68.60 | 873.86 |
| Bajaj Finserv | 1,796.60 | -71.20 | -3.81 | 12.98 | 235.55 |
| Eicher Motors | 7,261.00 | -275.50 | -3.66 | 6.22 | 457.91 |
| Mahindra & Mahindra | 3,178.00 | -115.70 | -3.51 | 45.75 | 1,467.12 |
The financial sector saw significant declines, dragged down by Bajaj Finance, Axis Bank and Bajaj Finserv. Auto stocks also performed poorly, as selling intensified in Mahindra & Mahindra, Eicher Motors and other major names.
Pharmaceuticals and PSU energy counters showed relative resilience, supported by gains in Sun Pharma, Dr Reddy’s and ONGC. However, these pockets of strength were insufficient to offset the broad negative sentiment across the index.
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The NIFTY 50 closed sharply lower on March 11, 2026, weighed down by geopolitical concerns and heavy selling in financial and automotive stocks. Jio Financial Services and Coal India were among the few stocks offering marginal support to the index.
Meanwhile, deep cuts in Bajaj Finance, Axis Bank and Bajaj Finserv led the downside. With global tensions escalating, overall market sentiment remained firmly risk‑averse throughout the session.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 11, 2026, 4:01 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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