Nifty Smallcap 100 Plunges to 14,986 Low: Why Mid- and Small-Caps Are Crashing Harder Than the Market in March 2026

  The Indian stock market witnessed intense selling pressure on March 23, 2026, as mid- and small-cap indices tumbled over 4% amid a broader market crash driven by escalating geopolitical tensions in the Middle East. The Nifty Midcap 100 index has now declined around 13% year-to-date in 2026, reflecting sharp corrections in broader market segments that have outperformed in previous years but are now facing heightened volatility. Sharp Intraday Declines in Midcap and Smallcap Indices The Nifty Smallcap 100 index opened at 15,565.30 on Monday but quickly slipped to an intraday low of 14,986, erasing significant ground in early trade. By the afternoon session, the selling intensified, with the index down over 4% at points during the day. Market breadth was overwhelmingly negative—except for isolated performers like Trident (up around 2.85%), virtually every stock in the Nifty Smallcap 100 traded in the red, signaling widespread panic across smaller companies. Similarly, the Nifty M...
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BSNL Turns a Profit, Focuses on Public Service Excellence : BSNL Delivers Second Straight Quarterly Profit

In a powerful statement that underscores Bharat Sanchar Nigam Limited’s (BSNL) renewed mission, the state-owned telecom company has declared that profit is not its end goal public service excellence is.

The declaration comes on the heels of an impressive financial turnaround. For the quarter ending March 31, 2025, BSNL reported a net profit of ₹280 crore, marking its second consecutive profitable quarter. This is a monumental feat for the telecom PSU, which had posted a loss of ₹849 crore during the same period last year.

Speaking to the media, Union Telecom Minister Jyotiraditya Scindia noted, “For the first time in 18 years, BSNL has reported back-to-back net profits. Not just operational margins, but actual net profit—something we haven’t seen since 2007.”

This follows a Q3 FY25 profit of ₹262 crore, reinforcing signs of consistent financial improvement. With two back-to-back quarters in the black, BSNL's total annual loss for FY25 has been significantly trimmed to ₹2,247 crore, down from ₹5,370 crore in FY24.

More Than Just Numbers: A Public-First Vision

While the numbers are impressive, what’s even more striking is the company’s messaging.

“We will not be chasing profits as our end goal. We will be redefining telecom excellence in public service,” a senior BSNL official stated.

This quote reflects BSNL’s long-standing role as a public sector entity committed to connecting underserved and rural regions—often where private telcos fall short. The renewed financial health allows BSNL to invest further in digital infrastructure, particularly in remote and economically weaker zones.

What’s Fueling BSNL’s Turnaround?

  • Strategic government reforms

  • Modernization of network infrastructure

  • Upcoming 4G and 5G deployments

  • Customer-first public service focus

The revival package and policy support have helped BSNL reduce costs, improve customer experience, and streamline operations—all of which are now bearing visible results.

The Road Ahead: Connecting Bharat, Not Just Building Balance Sheets

With a vision grounded in nation-building and digital inclusion, BSNL’s leadership is signaling a future where public service drives performance. The telecom landscape in India may be dominated by private giants, but BSNL is carving out a unique space not just as a competitor, but as a national enabler of digital empowerment.

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