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  • 📉 Markets Snap Winning Streak: Nifty Slips Below 23,500 as Profit Booking & US-India Trade Talks Weigh on Sentiment 🇺🇸🇮🇳

📉 Markets Snap Winning Streak: Nifty Slips Below 23,500 as Profit Booking & US-India Trade Talks Weigh on Sentiment 🇺🇸🇮🇳

📰Daily Market Wrap-Up by Stock Whisperers-March 26

Author

thestock whisperers
March 26, 2025

26-March-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex declined 719.18 points (-0.93%) to close at 77,298.01, retreating from its 78,000 perch.

  • The Nifty fell 188.65 points (-0.80%) to 23,480.00, snapping its recovery rally.

  • Midcap shed 0.77%, and the Smallcap dropped 1.41%, reflecting broader weakness.

  • All sectoral indices ended in the red, except IT and capital goods, which posted minor gains.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹2,240.55 crore

  • Domestic Institutional Investors (DII): Sold ₹696.37 crore

FII buying cushioned the fall, but DII profit-taking drove the downturn amid expiry pressures.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Profit booking stalled a 6-day rally as investors awaited clarity on US reciprocal tariffs, set for April 2, ahead of a pivotal US-India trade meet starting today.

  • The Bilateral Trade Agreement talks (ending Saturday) stoked nervousness, overshadowing rupee strength and rate cut hopes.

  • IT and capital goods held firm on global tariff optimism, but broader sectors buckled under valuation concerns.

  • Focus shifts to Q4 earnings and trade outcomes, with volatility likely until Saturday’s resolution.

❓ DO YOU KNOW?

The Nifty’s 23,480 close marks a 4.8% gain from its March 17 low of 22,397.20, but today’s drop signals caution after a ₹22 lakh crore market cap surge last week.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: IndusInd Bank, Power Grid, Titan, and M&M

  • Top Losers: NTPC, Tech Mahindra, Zomato, Axis Bank, Bajaj Finance, and Infosys

  • BSE rose ahead of a March 30 board meeting to consider a bonus share issue.

  • JM Financial gained over 2% after hiking its stake in JMFCSL to 97.02%, eyeing a consumer brand investment.

  • Bharat Dynamics rose 2% on a ₹4,362 crore Ministry of Defence order, up 30% in a month.

  • HAL surged 3% as GE Aerospace delivered the first Tejas MK 1A engine from a ₹5,375 crore deal.

  • Bharti Airtel climbed after prepaying ₹6,000 crore in spectrum dues and redeeming $1 billion in debt.

  • MobiKwik gained on plans to enter stock broking and derivatives trading.

  • Trent surged 3% as Westside expanded to 244 stores with 3 new additions.

  • Ashok Leyland rose after denying a takeover of SML Isuzu, refuting earlier reports.

  • Amara Raja and Exide rose to 5% as lithium-ion batteries were classified as ‘core auto components.’

  • Zomato and Swiggy fell up to 3% after BofA Securities downgraded them, cutting targets (YTD: Zomato -29%, Swiggy -40%).

  • Laxmi Dental jumped 5% as Nuvama initiated coverage with a ₹570 target (38% upside).

  • Siemens India soared 8% on NCLT approval for its energy business demerger.

Your Weekly Stock Markets Rundown: 🌍 Global Jitters Rise- Uncertainty Looms as Key Data Awaited

March 24-28, 2025

After a blockbuster week, Indian markets brace for volatility as Trump-era uncertainty clouds US growth, impacting IT and consumer sectors. Flash PMIs, US spending, and RBI data will test last week’s 4% Nifty gain. Domestic resilience and FII inflows provide a buffer, but global headwinds loom—rangebound trade likely unless fundamentals shine.

👀Stocks to Focus:

  1. Siemens India: Demerger momentum could sustain gains.

  2. Zomato: Downgrade fallout may persist pre-expiry.

  3. Bharat Dynamics: Defence order strength signals upside.

📝Summary:

Indian markets turned lower as profit booking hit after a 6-day rally, with Nifty slipping to 23,480 amid tariff uncertainty tied to the US-India trade meet. IT and capital goods eked out gains, but broader sectors faltered. FII buying offered support, yet caution reigns ahead of Saturday’s trade talks outcome and Thursday’s F&O expiry.

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.