A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters
Equity benchmark indices surrendered the initial advantage to close the flat in a highly unstable trade on Friday (March 7, 2025), as the investor reduced the risk of risk as uncertainties on the global trade war.
While snatching his two-day winning line, 30-shyer BSE Sensx slipped 7.51 points to settle at 74,332.58. During the mid -session, it climbed 246.34 points or 0.33% to 74,586.43 to hit the Intrade high.
However, NSE’s wide Nifty rose 7.80 points to close at 22,552.50. During the day, the 50-share barometer increased by 89 points or 0.39% to hit a high of 22,633.80.
“The global market is experiencing an increased uncertainty due to American tariffs and due to counter hazards from its peers. This ambiguity has taken advantage of the risk and reduced equity appeal. EMS have been particularly affected, experiences significant outflows.
“Recently, the S&P 500 index has been showing a deeper improvement signs, reflecting concerns about the possible impact of tariffs on the US economy. Conversely, the Indian markets have demonstrated flexibility despite the trade war,” Vinod Nair, the head of the geozit financial services said Vinod Nair.
Sensex packs, zomato, indusind bank, NTPC, Infosys, HCL Technologies, Titan, Power Grid, Hindustan Unilever, Tech Mahindra and ITC were among the beneficiaries.
On the other hand, Reliance Industries, Nestle India, Tata Motors, Adani Ports, Tata Steel, UltraTech Cement and Kotak Mahindra Bank Lagard were Lagard.
In Asian markets, Tokyo, Shanghai, Hong Kong and Seoul decreased.
European markets are doing less business in mid -session deals. Wall Street closed at a lower level on Thursday.
According to the exchange data, in the meantime, foreign institutional investors (FIIs) discontinued the price of 2,377.32 crores, while domestic institutional investors (DIIS) on Thursday bought an equity of ₹ 1,617.80 crore on a net basis.
Global Oil Benchmark Brent crude rose 1.32% to $ 70.38 per barrel.
“While a recovery in corporate earnings can significantly improve domestic emotions. Investors can weigh more on a large cap due to stability in income and can increase the evaluation comfort,” Nair said.
On Thursday, the 30-shyer BSE Sensex jumped 609.86 points, marking his second straight day profit, to settle at 74,340.09. NSE’s comprehensive Nifty closed at 207.40 points at 22,544.70.
Published – March 07, 2025 04:36 pm IST
