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Top Gainers & Losers on Mar 09: PG Electroplast, HPCL, RVNL, Meesho, Paras Defence, Bank of India among top losers

The escalating US-Iran war is driving the Indian stock market down, with the Nifty 50 and Sensex reaching 11-month lows. Rising crude oil prices and a weakening domestic currency contribute to a decline in investor confidence amid regional chaos.

Mar 09, 2026 &03070909202631; 10:07 UTC www.livemint.com Trending 4/5

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Negative for markets

Sentiment score: -75/100

High impact Immediate effect (hours)

WHAT THIS MEANS

Escalating US-Iran tensions are pressuring Indian equities, with Nifty 50 and Sensex hitting 11-month lows driven by surging crude oil prices and rupee weakness. Key losers include PG Electroplast, HPCL, RVNL, Meesho, Paras Defence, and Bank of India amid deteriorating investor sentiment.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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NIFTY50

NIFTY50Index

Expected to decline

US-Iran geopolitical tensions triggering risk-off sentiment and 11-month lows

↓

SENSEX

SENSEXIndex

Expected to decline

Broad-based selloff driven by crude oil spike and currency weakness

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Oil (WTI Crude)

CL=FCommodity

Expected to rise

Crude oil prices rising due to US-Iran geopolitical escalation

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Euro / US Dollar

EURUSDCurrency

High volatility expected

Risk-off environment with rupee weakness against dollar

↓

HPCL

HPCLStock

Expected to decline

Oil refiner facing margin pressure from crude volatility despite higher prices

↓

RVNL

RVNLStock

Expected to decline

Infrastructure stock declining amid broader market selloff

PRICE HISTORY

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⚡ SUGGESTED ACTION

Reduce exposure to cyclical sectors; consider hedging with defensive plays or gold. Monitor crude oil levels and geopolitical developments closely for potential reversal signals or further downside acceleration.

KEY SIGNALS

11-month lows in major indices signal capitulationCrude oil spike creating stagflation concernsRupee weakness increasing import costsGeopolitical risk premium pricing inDefensive sectors underperforming

SECTORS INVOLVED

EnergyBankingDefenseConsumer DiscretionaryInfrastructure

Analysis generated on Mar 09, 2026 at 14:01 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Top Gainers &amp; Losers on Mar 09: PG Electroplast, HPCL, RVNL, Meesho, Paras Defence, Bank of India among top losers

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Top Gainers & Losers on Mar 09: PG Electroplast, HPCL, RVNL, Meesho, Paras Defence, Bank of India among top losers