Share Market Weekly
- Share.Market
- 3 min read
- 06 Mar 2026
Highlights
Nifty 50 24,450.45 🔻 2.89%
| Monday | 🔻 1.24% |
| Wednesday | 🔻 1.55% |
| Thursday | 🔼 1.17% |
| Friday | 🔻 1.27% |
What moved the market?
Top Gainers & Top Losers
| Nifty Pharma | 🔼 0.08% | Nifty PSU Bank | 🔻 6.48% |
| Nifty Consumer Durables | 🔻 0.01% | Nifty Realty | 🔻 4.94% |
| Nifty Healthcare Index | 🔻 0.53% | Bank Nifty | 🔻 4.54% |
Markets this week
| Nifty Midcap 150 | 21,181.80 (🔻3.05%) |
| Nifty Smallcap 250 | 15,422.20 (🔻2.89%) |
| India VIX | 19.88 (🔼 45.11% ) |
Technical Analysis
The Nifty 50 ended the week down 4.05%, losing approximately 1,032 points to close at 24,450.45.
- Immediate Resistance: 25,350 – 25,400
- Immediate Support: 24,300 – 24,350
The Nifty Midcap 150 index closed the week at 21,181, marking a weekly decline of 3.54%.
- Immediate Resistance: 21,500 – 21,700
- Significant Support: 20,700 – 20,900
The Nifty Smallcap 250 index closed the week at 15,442, witnessing a weekly decline of approximately 3.83%
For the upcoming sessions:
- Key Resistance Level: 15,700 – 15,800
- Key Support Level: 15,100 – 15,200
This Week’s Spotlight Story
A deep dive into the headline that defined market conversations.
MoD Inked ₹5,083 Crore Contracts For ALH Mk-III (MR) & VL-Shtil Missiles
Ministry of Defence, on March 03, 2026, signed contracts worth a total of ₹5,083 crore for the acquisition of six Advanced Light Helicopters (ALH) Mk-III (Maritime Role) for the Indian Coast Guard and Surface-to-Air Vertical Launch – Shtil missiles for the Indian Navy. The contract for ALH Mk-III (MR), valued at ₹2,901 crore, has been inked with Hindustan Aeronautics Limited, Bengaluru, under the Buy (Indian-Indigenously Designed Developed and Manufactured) category.
The project envisages the supply of equipment from more than 200 MSMEs and is expected to generate approximately 65 lakh man-hours of employment. The contract for the procurement of Surface-to-Air Vertical Launch – Shtil missiles, valued at ₹2,182 crore, has been signed with JSC Rosoboronexport, Russian Federation. The acquisition is intended to substantially enhance the air defence capabilities of frontline warships against a wide spectrum of aerial threats.
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.
