Key Events for the Month of March 2026

• India’s Services Purchasing Managers’ Index (PMI) eased slightly in February, slipping to a two-month low of 58.1 from 58.5 in January, even as manufacturing activity strengthened during the month.

• India’s Manufacturing Purchasing Managers’ Index (PMI) rose to 56.9 in February, up from 55.4 in January. Manufacturing activity gathered pace during the month, driven by a strong pick-up in domestic demand, even as export growth slowed to a 17-month low.

• India’s Consumer Price Inflation (CPI) firmed up to 3.21% in February, driven by a rise in prices of food and beverages, clothing, housing, and utility services.

• India’s Wholesale Price Index (WPI) rose to an 11-month high of 2.13% in February, driven by an uptick in prices of food and non-food articles, even though vegetable prices eased on a month-on-month basis.

• India’s gross GST collections increased to ₹1.78 lakh crore in March 2026, marking a rise of 8.2% compared to the previous month.

• The month ended on a significantly negative note for Indian equity markets, with the Nifty 50 declining by 11.31% and the BSE Sensex falling by 11.49%.

|	Sectoral Index Performance

Name	3 Months	6 Months	1 Year	3 Years	5 Years
Nifty Auto Index	-15.7%	-10.4%	11.6%	24.7%	19.2%
Nifty Bank Index	-15.6%	-8.0%	-2.5%	7.4%	8.6%
Nifty Energy Index	-1.3%	-0.4%	3.8%	15.2%	13.9%
Nifty Financial Services Index	-14.8%	-9.6%	-6.2%	9.2%	8.4%
Nifty FMCG Index	-17.9%	-16.8%	-15.0%	-0.3%	5.4%
Nifty Healthcare Index	-3.0%	0.4%	3.8%	23.1%	20.6%
Nifty Infrastructure Index	-11.0%	-5.0%	1.2%	18.9%	15.9%
Nifty IT Index	-23.3%	-13.6%	-21.2%	0.4%	2.4%
Nifty Media Index	-12.7%	-18.2%	-14.5%	-9.5%	-4.0%
Nifty Metal Index	-0.3%	11.0%	22.5%	26.5%	22.9%
Nifty Pharma Index	-2.2%	3.6%	5.2%	22.8%	12.6%
Nifty PSU Bank Index	-7.7%	4.6%	25.7%	28.4%	29.5%
Nifty Realty Index	-25.8%	-24.9%	-23.5%	18.9%	14.3%
BSE Consumer Durables Index	-12.3%	-8.8%	-3.2%	11.8%	9.9%
BSE Industrial Index	-10.1%	-9.5%	1.4%	23.5%	26.0%

Source: Bloomberg, As on 30/03/2026. The Sector(s) mentioned in this document do not constitute any research report/recommendation of the same and the scheme(s)/Fund may or may not have any future position in these Sector(s) | The Index names mentioned do not constitute any kind of recommendation and are for information purpose only.
Past performance may or may not be sustained in the future.

|	Global Index Performance

Name	3 Months	6 Months	1 Year	3 Years	5 Years
MSCI World Index	-6.0%	-3.3%	14.7%	14.3%	8.2%
MSCI Emerging Index	0.6%	4.9%	28.2%	12.6%	1.4%
MSCI India index	-13.8%	-8.7%	-3.6%	11.4%	9.6%
Dow Jones Industrial Average Index	-5.9%	-2.5%	7.7%	10.8%	6.5%
Nasdaq Composite Index	-10.5%	-8.2%	20.2%	19.4%	9.4%
Nikkei 225 Index	3.1%	15.5%	45.7%	22.8%	12.2%
Shanghai Composite Index	-1.1%	1.0%	17.6%	6.2%	2.7%
Deutsche Boerse AG german Stock Index DAX	-7.9%	-5.5%	1.8%	13.0%	8.5%

Source: Bloomberg, As on 30/03/2026 | The Index names mentioned do not constitute any kind of recommendation and are for information purpose only.
Past performance may or may not be sustained in the future.