Tue. Mar 18th, 2025
Domestic markets end in positive territory

After enduring major losses in recent trading sessions due to uncertainty surrounding Trump’s tariffs and persistent selling by foreign institutional investors (FIIs), India’s benchmark indices, Sensex and Nifty50, found some relief on Wednesday, March 5, 2025.

Indian benchmark indices staged a comeback today with over one percent gain. The 30-share index at the Bombay Stock Exchange, Sensex, rose 740 points or 1.01 percent to close at 73,730.

The National Stock Exchange Nifty-50 gained 255 points or 1.15 percent to settle at 22,337, snapping its 10-losing streak. The Mid-Cap index added 2.66 percent, while the Small-Cap index gained 2.80 percent. In the Sensex index, the top gainers Jio Finance which rose 5.23 percent, Adani Ports gained five percent and Tata Steel rose 4.92 percent.

Conversely, the top laggards included Bajaj Finance which lost 3.2 percent, IndusInd Bank dipped 1.6 percent and HDFC Bank slipped 1.2 percent.

The NSE Nifty50, on the other hand, settled at 22,337.30, up 254.65 points or 1.15 per cent, thus ending a 10-day losing streak. The index traded in the range of 22,394.90 to 22,067.80 on Wednesday. Notably, the Nifty50 index had shed 3.8 percent or 877 points in the last 10 straight trading sessions till Tuesday. 

Bulls dominated Dalal Street as 46 out of 50 constituent stocks of the Nifty50 settled in the green, with gains led by Adani Ports, Tata Steel, Adani Enterprises, Mahindra & Mahindra, and Power Grid Corporation of up to 5.15 per cent. Bajaj Finance, Indian Bank, HDFC Bank, and Shriram Finance were among the Nifty50 constituent stocks that ended lower by up to 3.37 per cent on Wednesday. 

Broader indices mirrored the benchmarks, with small-cap shares leading the charge as the Nifty Smallcap100 index ended higher by 2.96 per cent. The Nifty Midcap100 index also ended in positive territory with gains of 2.42 per cent. 

All the sectoral indices on the NSE ended higher, led by the Nifty Metal index, which settled higher by 4.04 per cent. This was followed by the Nifty PSU Bank, and Media indices, which ended higher by over 3 per cent each. Among others, the Nifty IT, Auto, Oil & Gas, and Realty indices settled higher by over 2 per cent each on Wednesday.

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