Market Analysis for Mar 24th, 2026 By Naresh Sharma | #live #rmoney

Is there any floor left for Nifty? 📉 Today, March 23, 2026, the Nifty 50 crashed another 2.8%, hitting a low of 22,471. With the India VIX exploding to 26 and President Trump issuing a 48-hour “obliteration” ultimatum to Iran, the global markets are in a state of absolute panic.

Welcome to Market Analysis by Naresh Sharma. In this emergency session, we decode why Gold and Silver are seeing their worst sell-off in decades despite the war. We analyze the “Deep Oversold” RSI levels on Nifty and the $99 Crude Oil deadlock as the world awaits the reopening of the Strait of Hormuz.

Black Monday: The Data Breakdown

• Nifty 50 (-2.8%): Slipped to 22,471. 14 out of 15 sectors are in the red.

• RSI Alert: The Nifty RSI has dropped to 27. Technically, we are in a “Deep Oversold” zone, but in a war-driven market, technicals can stay oversold for longer.

• Bank Nifty (-3.86%): A total breakdown below the 52,000 psychological mark.

• India VIX (+15%): Hit 26, a 21-month high. This indicates extreme fear and massive intraday swings.

• Sector in Pain: Nifty Metal (-4.7%) is the biggest loser as global growth fears mount.

💰 Bullion & Energy Crisis

• Gold ($4,252): Down 5.33% today. It’s the sharpest weekly drop since 1983. Why? Rising interest rate expectations from the Fed, ECB, and BoE are crushing safe-haven demand.

• Silver ($63.42): Plummeted over 6%. Forced liquidations and a strengthening Dollar are driving the white metal to new lows.

• Crude Oil ($99): WTI is hovering just below the $100 mark. Trump’s 48-hour ultimatum to Iran expires shortly. If the Strait of Hormuz stays closed, $110+ is the next stop.

📈 Key Levels:
Nifty & Bank Nifty support/resistance, Gold–Silver trading zones, Crude oil outlook

💬 Live Viewer Q&A:

• Viewer queries answered live on stocks, indices, and commodities

👉 Like | Share | Subscribe for daily stock market live updates
🔔 Enable notifications to stay updated with every live session

#NiftyCrash #StockMarketIndia #GoldPriceCrash #SilverPrice #CrudeOil #StraitOfHormuz #IndiaVIX #NareshSharma #MarketAnalysis #Nifty22000 #TrumpWar

We are SEBI Registered Research Analysts Reg no. INH000010335}
Investment in securities market are subject to market risk, this is our view only.
Please read our detailed disclaimer.

Disclaimer: https://rmoneyindia.com/regulatory-in…

For Any Query Call @ +91 9368710882
Open 100% Free Paperless Demat Account @ https://bit.ly/rmoneyaccount
More Info Visit @ http://bit.ly/33yTc0V

Visit @ https://rmoneyindia.com/
Instagram @ https://www.instagram.com/rmoneyindia/
Facebook @ https://www.facebook.com/raghunandanmoneyindia
Twitter @ https://twitter.com/Rmoneyindia
Linkedin @ https://www.linkedin.com/company/3580395/admin/