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​ These underperformers were identified through a targeted screening approach focusing on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum recent trading volume of 5 lakh shares.​
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The combined market valuation of the top-10 domestic firms eroded sharply by Rs 4.48 lakh crore last week, in tandem with a steep decline in equities, with banking majors State Bank of India and HDFC Bank taking the biggest hit.
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Basmati rice exporter Amir Chand Jagdish Kumar(Exports) Ltd is set to launch its Rs 440 crore initial public offering (IPO) on March 24.
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Indian markets closed the week down 5.3% due to the Iran-Israel conflict, a weakening rupee, FII outflows, and fuel supply concerns. Key events this week, including the Fed’s FOMC meeting and ongoing geopolitical tensions, are expected to influence investor sentiment, with the Nifty facing further downside risks.
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US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness. And recent data ahead of the Fed meeting is not encouraging, with US GDP growth revised sharply lower in the final months of 2025.
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