Nifty weak sentiments and price action.

Weekly Recap — the Nifty 50 ended lower closing at 22331.40, and BSE Sensex also ending at 71947.55 1635 pts down — this was the 5th consecutive losing week. The weekly candle formed a Long-Legged Doji, signalling market indecision and started week with red negative candle indicates near term negativity can continue during the week.

Flows & Breadth — FIIs sold ₹1,07,010 crore MTD in March while DIIs bought ₹1,24,499 crore, with DII absorption broadly preventing a deeper collapse. Single-day breadth on March 27 was just 3 advances vs 27 declines on the Sensex.

Sectors — ONGC gained 6.2%, Larsen & Toubro was up 3.8%, Apollo Hospitals up 2.5%, and HCL Tech up 2.3%, while Adani Enterprises lost 5.4%, BEL lost 5%, and Reliance Industries fell 4.7%.

Nifty Levels —With falling momentum nifty expected to test 22200-22000 Support however nifty resistance remains at 23,200 and 23,500 in short term RSI getting oversold, price action coming near price support.

Bank Nifty — closed at 52,274, down 1,433 points (−2.67%), with support at 50,912/ 50,069 and resistance at 53,637/ 54,480.

Commodities — Brent crude has surged $20/bbl to around $92–104 since the outbreak of hostilities on Feb 28, with the Strait of Hormuz disrupting nearly 20 mb/d of flows. MCX gold recovered from a weekly low of ₹1,29,595 while COMEX gold ended above $4,500. USDINR futures near 94.90.