Share Market Weekly
- Share.Market
- 4 min read
- 27 Mar 2026
Highlights
Nifty 50 22,819.60 🔻 1.28%
| Monday | 🔻 2.60% |
| Tuesday | 🔼 1.78% |
| Wednesday | 🔼 1.72% |
| Friday | 🔻 2.09% |
What moved the market?
Top Gainers & Top Losers
| Nifty IT | 🔼 1.17% | Nifty Oil & Gas | 🔻 3.90% |
| Nifty Healthcare Index | 🔼 0.35% | Nifty FMCG | 🔻 3.77% |
| Nifty Pharma | 🔼 0.11% | Nifty Realty | 🔻 2.42% |
Markets this week
| Nifty Midcap 150 | 19,952.75 (🔻1.36%) |
| Nifty Smallcap 250 | 14,655.35 (🔻0.92%) |
| India VIX | 26.80 (🔼 17.49% ) |
Technical Analysis
The Nifty 50 ended the week down 4.03%, losing approximately 958.2 points to close at 22,819.60.
- Immediate Resistance: 23,900 – 24,000
- Immediate Support: 22,700 – 22,800
The Nifty Midcap 150 index closed the week at 19,952.75, marking a weekly decline of 3.83%.
- Immediate Resistance: 20,800 – 21,000
- Significant Support: 19,900 – 20,100
The Nifty Smallcap 250 index closed the week at 14,655.35, witnessing a weekly decline of approximately 3.29%.
For the upcoming sessions:
- Key Resistance Level: 15,400 – 15,500
- Key Support Level: 14,400 – 14,500
This Week’s Spotlight Story
A deep dive into the headline that defined market conversations.
Cabinet Approves Modified UDAN Scheme With Rs. 28,840 Crore Outlay
The Union Cabinet has approved the launch and implementation of the Regional Connectivity Scheme – Modified UDAN for a ten-year period from FY 2026-27 to FY 2035-36. The initiative carries a total outlay of Rs. 28,840 crore with budgetary support from the Government of India. Building upon the original 2016 scheme—which operationalised 663 routes across 95 aerodromes and carried 162.47 lakh passengers by February 2026—the modified framework aims to enhance air connectivity and boost economic growth in Tier-2 and Tier-3 cities.
Key capital allocations over the next eight years include Rs. 12,159 crore to develop 100 airports from existing unserved airstrips and Rs. 3,661 crore to develop 200 modern helipads. To sustain operations, Rs. 2,577 crore is designated for three-year Operation & Maintenance support across approximately 441 aerodromes, alongside Rs. 10,043 crore for 10-year Viability Gap Funding (VGF) to support airline operators. Furthermore, to advance the Atmanirbhar Bharat vision, the scheme mandates the procurement of two HAL Dhruv helicopters for Pawan Hans and two HAL Dornier aircraft for Alliance Air.
That’s a wrap for this week.
As the markets pause to catch their breath, we’ll be back next week with sharper insights and stories to help you invest intelligently.
