🚀 Relief Rally! Nifty Jumps Above 22,300, Breaking 10-Day Losing Streak 🎉

📰Daily Market Wrap-Up by Stock Whisperers-March 05

Author

thestock whisperers
March 06, 2025

05-March-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex soared 740.30 points (+1.01%) to close at 73,730.23, ending a volatile session on a high note.

  • The Nifty jumped 254.65 points (+1.15%) to 22,337.30, breaking a 10-session losing streak and crossing 22,300.

  • Midcap and Smallcap indices each gained 2.5%, reflecting broad-based buying.

  • All sectoral indices ended in the green, with PSU Bank, media, telecom, metal, and power surging 3% each.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹2,895.04 crore

  • Domestic Institutional Investors (DII): Bought ₹3,370.60

Domestic buying outpaced foreign selling, fueling the day’s rally despite persistent FII outflows.

📊📑 Important Observations and Market Sentiments: Editor Special

  • A weakening US dollar triggered a relief rally across emerging markets, including India, despite new US tariffs on Mexico, Canada, and China.

  • Bargain-hunting drove gains in Auto, Metals, and IT, with investors capitalizing on oversold levels.

  • US inflation pressures may delay rate cuts, adding uncertainty to the rally’s staying power amid ongoing trade tensions.

  • While the short-term mood lifted, long-term risks from global trade conflicts and retaliatory measures loom large.

❓ DO YOU KNOW?

The Nifty’s 10-session losing streak before today was its longest since November 2011, erasing over 8% from its February highs.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Adani Ports, Power Grid, M&M, Tata Steel, and Adani Enterprises

  • Top Losers: Bajaj Finance, HDFC Bank, Grasim Industries, IndusInd Bank, and Shriram Finance

  • Avanti Feeds soared 10% to a 52-week high as its subsidiary entered the pet food market; IIFL bought 59.77 lakh shares.

  • Patanjali Foods snapped a 7-day fall, up 1.56% to ₹1,759.90, as LIC raised its stake to 7%.

  • Gensol Engineering crashed 10% (down 28% in 2 days) amid fraud allegations, hitting a lower circuit.

  • Polycab India rose over 3% as Morgan Stanley projected a 52% upside, downplaying UltraTech’s cables entry.

  • Adani Wilmar climbed 6% after acquiring an 80% stake in GD Foods, eyeing ‘Tops’ maker next.

  • RVNL gained on securing a ₹729.8 crore project from HPSEBL, despite a 13% Q3 profit drop to ₹311 crore.

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. Adani Wilmar: Acquisition momentum could sustain gains.

  2. Polycab India: Brokerage optimism may drive interest.

📝Summary:

Indian markets roared back with a 1%+ surge, snapping a 10-day slide as a weaker dollar and bargain-hunting sparked a relief rally. All sectors joined the upmove, with midcaps and smallcaps shining. However, global trade tensions and US inflation risks cloud the recovery’s durability—watch for cues from upcoming data.

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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.