A view of BSE building. File Photo: Paul Noronha
Benchmark stock indices Sensex and Nifty bounce back on Monday (March 17, 2025), which is more than half a percent after a sharp rally in global shares and in banking shares.
The 30-Sare BSE Sensex climbed 341.04 points or 0.46% to settle at 74,169.95, stretching the run of his five-day necklace. In the intra-day trade, the benchmark jumped from 547.44 points or from 0.74% to 74,376.35.
The NSE Nifty rose 111.55 points or 0.50% to 22,508.75.
From Sensux Pack, Bajaj Finserv, Mahindra and Mahindra, Axis Bank, Bajaj Finance, Adani Ports, ICICI Bank, Zomato and UltraTech Cement were among the largest beneficiaries.
However, ITC, Nestle, State Bank of India, Reliance Industries, Asian Paints and Tata Consultancy Services were among Lagards.
IndusInd Bank shares jumped 5.30% in Intra-Day trade after the Reserve Bank on Saturday (March 15, 2025), assuring customers that the firm remained ‘well capital’, even directed the bank’s board to complete the remedial action related to anticipated ₹ 2,100 crore within this month. The stock finally ended by ₹ 676.95, 0.72%.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in positive areas. The stock markets in Europe were trading in green. The American markets ended rapidly on Friday (March 14, 2025).
“Despite a small hiccup, the markets quickly obtained land to trade in a positive field as optimism in the global markets in local indices. However, with great uncertainty about the impact of US tariff policies on major economies including India, investors would be vigilant about global events before any call, “Pacific Tape, Senior VP (Research), Mehta Equity Limited said.
The government data released on Monday (March 17, 2025) showed that the wholesale price inflation increased to 2.38% in February due to expensive produced foods such as vegetable oil and beverages.
According to exchange data, foreign institutional investors (FII) launched a price of ₹ 792.90 crore on Thursday (March 13, 2025). The domestic stock markets were discontinued on Friday (March 14, 2025) for Holi.
Total outflow by foreign investors has so far reached ₹ 1.42 lakh crore (%16.5 billion) in 2025, shown data with deposits.
“The market experienced a positive trade session, inspired by the healthcare and strong performance in the financial sectors. However, the uncertainties related to tariffs may cause market fluctuations within a limit in a near period due to less partnership with domestic investors, ”said Vinod Nair, head of research, geojit financial services.
“A decisive speed will depend on the signs of an increase in earning, while the improvement in domestic economic indicators would suggest a possible recovery,” he said.
“Investors are closely monitoring the upcoming Fed and BOJ meetings, with the hope of maintaining the current stance due to inflation risks associated with tariff uncerties,” said Mr. Nair.
Global Oil Benchmark Brent crude jumped from 1.06 % to 71.33 per barrel.
On Thursday (March 13, 2025), Sensex fell by 200.85 points or 0.27%, settling at 73,828.91. The Nifty fell 73.30 points or 0.33% to 22,397.20.
Published – March 17, 2025 04:53 pm IST
