Benchmark inventory indices Sensex and Nifty bounced again on Monday (March 17, 2025), closing larger by half a per cent following a sharp rally in global shares and shopping for in banking shares.
The 30-share BSE Sensex climbed 341.04 factors or 0.46% to settle at 74,169.95, snapping its five-day losing run. In intra-day commerce, the benchmark jumped 547.44 factors or 0.74% to 74,376.35.
The NSE Nifty rose by 111.55 factors or 0.50% to 22,508.75.
From the Sensex pack, Bajaj Finserv, Mahindra & Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement had been among the many greatest gainers.
However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services had been among the many laggards.
Shares of IndusInd Bank jumped 5.30% in intra-day commerce after the Reserve Bank on Saturday (March 15, 2025) assured clients that the agency stays ‘well-capitalised’, even because it directed the financial institution’s board to finish remedial motion referring to an estimated ₹2,100 crore accounting discrepancy inside this month. The inventory lastly ended at ₹676.95, up 0.72%.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the optimistic territory. Stock markets in Europe had been buying and selling in the inexperienced. U.S. markets ended sharply larger on Friday (March 14, 2025).
“Despite a small hiccup, markets quickly gained ground to trade in positive territory as optimism across global markets aided recovery in local indices. However, with a lot of uncertainty surrounding the impact of U.S. tariff policies on key economies, including India, investors would be watchful of the global events before taking any call,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, mentioned.
Wholesale value inflation rose marginally to 2.38% in February on account of costly manufactured meals objects like greens oil and drinks, authorities knowledge launched on Monday (March 17, 2025) confirmed.
Foreign institutional traders (FIIs) offloaded equities price ₹792.90 crore on Thursday (March 13, 2025), in line with change knowledge. Domestic inventory markets had been closed on Friday (March 14, 2025) for Holi.
The complete outflow by overseas traders has reached ₹1.42 lakh crore (%16.5 billion) in 2025 to date, knowledge with the depositories confirmed.
“The market experienced a positive trading session, driven by strong performance in the healthcare and financial sectors. However, lower participation from domestic investors due to tariff-related uncertainties may cause the market to fluctuate within a range in the near term,” Vinod Nair, Head of Research, Geojit Financial Services, mentioned.
“A decisive momentum will depend on signs of earnings growth while improving domestic economic indicators suggest a potential recovery,” he mentioned.
“Investors are closely monitoring the upcoming FED and BOJ meetings, with expectations leaning towards maintaining the current stance due to inflation risks associated with tariff uncertainties,” Mr. Nair added.
Global oil benchmark Brent crude jumped 1.06% to %71.33 a barrel.
On Thursday (March 13, 2025), the Sensex declined by 200.85 factors or 0.27% to settle at 73,828.91. The Nifty fell 73.30 factors or 0.33% to settle at 22,397.20.
Published – March 17, 2025 04:53 pm IST
