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Stock market crash: IRCTC, Patanjali Foods, Mazagon Dock, Cochin Shipyard among 1,219 stocks that hit 52-week low on NSE
4 min read | Updated on March 30, 2026, 16:06 IST
SUMMARY
NIFTY50 and SENSEX saw a sharp decline for the second straight day as the US-Israel-Iran war enters its fifth week. Brent Crude oil prices are trading high after Yemen’s Houthi group reportedly launched a missile attack on Israel over the weekend. Bank stocks fall as RBI tightens forex rules.
Stock list
HDFC Bank, SBI, ICICI Bank, Axis Bank fall up to 4% as RBI tightens forex rules
NIFTY50 and SENSEX saw a substantial fall for the second straight day, as the benchmark indices are trading deep in the red on Monday, March 30, the last trading day of FY26. The market slides after the US-Israel-Iran war enters its fifth week, while crude oil prices rose once again after a brief pause.
NIFTY50 closed 488 points or 2.1% lower at 22,331, with a day low of 22,283. Meanwhile, BSE SENSEX declined 1,635 points or 2.2% at 71,947. SENSEX hit a day low of 71,774 today. Among the NIFTY50 stocks, Bajaj Finance (-4.9%), Shriram Finance (-3.8%) and State Bank of India (-3.8%) were the top losers.
Amid a substantial market fall, investors witnessed over ₹5 lakh crore of cumulative market cap loss. BSE-listed stocks market cap dropped to ₹417 lakh crore from ₹422 lakh crore in the previous session.
Why is NIFTY50 down today?
Experts believe RBI’s new forex rules will effectively force banks to unwind large long-dollar positions, with estimates suggesting that $10–18 billion of positions could be squared off in the near term. As per the global investment firm Jefferies, mark-to-market losses for banks could be worth between ₹3,000 crore and ₹4,000 crore.
Broader market indices like NIFTY Midcap100 (-2.4%) and NIFTY Smallcap100 (-2.4%) are also trading lower. More than 1,200 stocks hit their 52-week low today as investors did profit booking amid weak market sentiments.
The volatility index, or India VIX, is up 3.8% to 27.83. Except for the NIFTY Oil & Gas index (+0.05%), all the sectoral indices are trading red with NIFTY PSU Bank (-3.9%), NIFTY Financial Services (-3.4%) and NIFTY Realty (-2.6%) among the top sectoral losers.
Prominent stocks at 52-week low today
| Stock | 52-week low | 1-year return* |
|---|---|---|
| Life Insurance Corporation Of India | ₹726.1 | -8.93% |
| IRFC | ₹88.3 | -28.85% |
| IRCTC | ₹496.6 | -31.48% |
| RVNL | ₹249.05 | -29.00% |
| RITES Limited | ₹175.00 | -21.27% |
| SBI Cards and Payment | ₹641.5 | -27.14% |
| Patanjali Foods | ₹456.4 | -23.94% |
| Lodha Developers | ₹674.3 | -43.45% |
| Cochin Shipyard | ₹1,201 | -13.87% |
| ACC Limited | ₹1,265 | -34.63% |
| Bajaj Housing Finance | ₹73.2 | -40.2% |
| Kotak Mahindra Bank | ₹351.6 | -18.57% |
| Mazagon Dock Shipbuilders | ₹2,078 | -21.00% |
| HUDCO | ₹159.15 | -20.03% |
| Hindustan Aeronautics | ₹3,510 | -15.97% |
| Tata Technologies | ₹512.1 | -24.35% |
| HDFC Life Insurance | ₹588.2 | -13.57% |
| Railtel Corporation Of India | ₹245.4 | -18.44% |
| Jupiter Wagons | ₹236.7 | -35.41% |
| Jubilant Foodworks | ₹430.5 | -34.42% |
| KEC International | ₹510.05 | -34.59% |
| IDBI Bank | ₹61.30 | -20.97% |
| Dixon Technologies | ₹9,605 | -27.05% |
| Bharat Dynamics | ₹1,093.3 | -14.53% |
| DLF Limited | ₹503.1 | -25.89% |
| Escorts Kubota | ₹2,731.7 | -15.70% |
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