Indian Equities Start Day Lower

2026-03-11 04:14 By Jereli Escobar 1 min. read

India’s BSE Sensex fell 0.2% to around 78,099 on Wednesday, retreating from earlier gains as markets remained volatile amid Middle East tensions.

Oil prices continued to ease, while strong domestic institutional buying helped offset persistent selling by foreign investors.

Market participants are awaiting India’s February inflation data, expected at 3.1%, up from 2.75% in January, due Thursday.

Investors are also watching InterGlobe Aviation after its CEO’s resignation, Polycab India on a reduced tax demand, and Infosys following its AI partnership with Incora.

Despite the broader decline, most sectors opened higher, except financials, technology, consumer non-durables, communication, and health services in the red.

Early gainers included Shakti Pumps (+10%), Tejas Network (+4.3%), Happiest Minds (+2.9%), and Mazagon Dock (+2.3%), while laggards were Redington (-2.8%), Polycab India (-1.2%), HDFC Bank (-0.7%), and ICICI Bank (-0.5%).



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