On March 26, 2025, India’s stock markets exhibited a mixed performance amid investor caution, as they awaited clarity on upcoming U.S. tariffs. The benchmarks had previously recovered 5.7% over seven sessions, driven by foreign investments and positive domestic economic factors.
Nifty 50 Performance:
The NSE Nifty 50 index saw a marginal rise of 0.01%, closing at 23,671.8 points. This slight uptick reflects investor indecision as they anticipate further developments on international trade policies.
Sensex Performance:
The BSE Sensex experienced a modest decline of 0.07%, ending at 77,971.12 points. This minor drop underscores the market’s sensitivity to global economic cues and domestic corporate earnings reports.
Bank Nifty Performance:
The Bank Nifty index closed at 51,607.95 points, reflecting a slight decline of 0.19%, equivalent to a drop of 97 points. The index traded between a high of 52,063.95 and a low of 51,429.60 during the session.
Top Gainers:
IndusInd Bank: Shares surged by 2.3%, leading the banking sector, following positive analyst forecasts.
Trent Limited: The retail company’s stock gained 1.8%, benefiting from strong quarterly results and positive market sentiment.
Marico: The consumer goods company’s shares increased by 2.3%, following a positive forecast from Motilal Oswal.
Top Losers:
Tech Mahindra: Shares declined by 1.5%, impacted by concerns over global IT spending and competitive pressures.
NTPC: The energy giant’s stock fell by 1.2%, amid investor concerns over regulatory changes and fuel costs.
Eternal (formerly Zomato): Shares dropped by 2.6% after Bank of America downgraded the stock to “neutral” from “buy” and lowered its target price to ₹250 from ₹300.
Sectoral Performance:
Among the 13 major sectors, ten recorded gains. The consumer goods sector saw a boost, with Marico leading the charge. Midcap stocks gained 0.4%, while smallcap stocks traded flat, indicating a cautious approach from investors.
Market Outlook:
Investors remain vigilant, awaiting further clarity on U.S. tariff policies and their potential impact on the Indian economy. While domestic factors have provided some support, global cues are expected to play a significant role in determining market direction in the coming days