📉 Nifty Slips Below 22,100! Smallcaps Shine Amid Global Trade Worries

📰Daily Market Wrap-Up by Stock Whisperers-March 04

Author

thestock whisperers
March 04, 2025

04-March-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex closed down 96.01 points (-0.13%) at 72,989.93 in a volatile session.

  • The Nifty fell 36.65 points (-0.17%) to 22,082.65, slipping below the 22,100 mark.

  • Midcap index ended flat, while the Smallcap index rose 1.3%, buoyed by value buying.

  • Sectoral performance was mixed: Auto, IT, Telecom, and FMCG shed 0.4-1%, while bank, Capital Goods, oil & gas, media, and PSU Bank gained 0.5-2%.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹3,405.82 crore

  • Domestic Institutional Investors (DII): Bought ₹4,851.43 crore

Domestic buying mitigated foreign outflows, supporting a partial rebound from intraday lows.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Escalating global trade tensions, driven by Trump’s tariffs and OPEC+’s output hike, kept markets under pressure.

  • A late recovery was fueled by value buying in smallcaps and favorable domestic economic indicators.

  • Oil price declines lifted PSU oil stocks, but weak cues from auto sales and global peers capped gains.

  • Investors await clarity on tariff timelines and quantum to gauge the longevity of any rebound.

❓ DO YOU KNOW?

OPEC+’s planned output increase of 138,000 barrels per day is the first since 2022, potentially easing oil prices further if demand remains soft.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Bharat Electronics, SBI, BPCL, Shriram Finance, and Adani Enterprises

  • Top Losers: Bajaj Auto, Hero MotoCorp, Bajaj Finserv, Nestle, and Eicher Motors

  • HPCL, BPCL, and Indian Oil surged up to 6% as oil prices slumped on Trump’s tariffs and OPEC+’s output hike.

  • Senores Pharma jumped over 7% after acquiring 14 ANDAs from Dr. Reddy’s, funded via IPO proceeds.

  • Jio Financial Services rose 3% on acquiring 7.9 crore shares of Jio Payments Bank from SBI for ₹104 crore.

  • Bajaj Auto tanked 5% to a 52-week low after tepid February sales (2.99 lakh units, up marginally YoY).

  • Defence stocks like HAL, Mazagon Dock, and GRSE rose up to 9%, tracking gains in European peers; GRSE hit ₹1,331.05.

  • SBI jumped 3% after Citi’s double upgrade to ‘buy’ with a ₹830 target (20% upside).

  • RBL Bank fell 2% as GST officials conducted ongoing search operations.

  • ICICI Securities retained ‘buy’ on Adani Power with a ₹600 target.

Your Weekly Stock Markets Rundown: Global Markets Reel as Trump’s Tariff Threats Unsettle Investors

March 3-7, 2025

Global markets, including India, are under strain as Trump’s tariff threats escalate trade tensions, with last week’s selloff setting a cautious tone for March. This week’s economic data—auto sales, PMIs, trade figures, and US jobs—alongside the ECB’s rate call, will shape near-term trends. Investors should stay vigilant as tariff clarity and macroeconomic cues unfold.

👀Stocks to Focus:

  1. BPCL: Oil price declines and sector strength could drive gains.

  2. Bajaj Auto: Weak sales may keep it under pressure.

  3. Bharat Electronics: Defence sector momentum may persist.

📝Summary:

Indian markets ended lower as global trade woes overshadowed a late recovery fueled by domestic buying and smallcap resilience. PSU banks and oil stocks shone, but auto and IT lagged. With favorable domestic cues in play, clarity on global trade remains key to sustaining any rebound.

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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.