šŸ“ˆ Sensex, Nifty Rise as Broad Rally Pushes Nifty Nears 23,000! Can the Bulls Keep the Momentum Going? šŸš€

šŸ“°Daily Market Wrap-Up by Stock Whisperers-March 19

Author

thestock whisperers
March 19, 2025

19-March-2025

šŸ“ˆ Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex gained 147.79 points (+0.20%) to close at 75,449.05 in a positive session.

  • The Nifty rose 73.30 points (+0.32%) to 22,907.60, crossing 22,900 with steady momentum.

  • Midcap and Smallcap indices surged over 2% each, signaling robust broader market participation.

  • Most sectors ended in the greenā€”Consumer Durables, Capital Goods, Realty, Oil & Gas, Media, Metal, Power, and PSU Bank up 1-2.8%ā€”except IT and FMCG, which lagged.

šŸ’ø Market Transactions:

  • Foreign Institutional Investors (FII): Sold ā‚¹1,096.50 crore

  • Domestic Institutional Investors (DII): Bought ā‚¹2,140.76 crore

Domestic buying powered the rally, offsetting FII outflows amid global uncertainty.

šŸ“ŠšŸ“‘ Important Observations and Market Sentiments: Editor Special

  • The relief rally continued, fueled by attractive valuations post-correction and broad-based buying across sectors.

  • Metal stocks shone after the government imposed a tax on steel imports, boosting domestic players amid trade concerns.

  • Sustainability hinges on a fundamentals revivalā€”earnings growth remains critical as Trumpā€™s tariff threats loom.

  • Investors await todayā€™s Fed policy outcome (expected to hold at 4.5%) and commentary for rate cues, with trade and growth worries in focus.

ā“ DO YOU KNOW?

The Nifty has gained nearly 4% in the past three sessions (March 17-19), its strongest 3-day run since November 2024, erasing much of Februaryā€™s losses.

šŸ“°Stock News:

Key Stock Movements and News

  • Top Gainers: Shriram Finance, HDFC Life, Apollo Hospitals, Tata Steel, and Power Grid Corp

  • Top Losers: Tech Mahindra, TCS, ITC, Infosys, and Britannia Industries

  • NBCC jumped 5% after selling 1,046 residential units in Greater Noida for ā‚¹2,353 crore, earning a 1% marketing fee.

  • GRSE, Cochin Shipyard, and other defense stocks surged up to 20% (GRSE hit ā‚¹1,641.35), lifting Nifty Defence 5% on European tailwinds.

  • Bajaj Healthcare rallied nearly 10% after SEC-CDSCO approved clinical trials for its anti-seizure drug Cenobamate.

  • IndusInd Bank rose 3% as Ashok Hinduja called it an ā€˜opportune timeā€™ to hike stakes post-Reliance Capital acquisition.

  • REC gained on declaring a fourth interim dividend of ā‚¹3.60/share, with a record date of March 26.

  • Mahindra Lifespaces climbed 6% on a ā‚¹1,650 crore redevelopment JV with Livingstone in South Mumbai.

Your Weekly Stock Markets Rundown: Markets Face Tariff Turbulence Amid Positive Domestic Macros

March 17-21, 2025

Indian markets head into a pivotal week after a volatile, negative close, with Trumpā€™s tariffs casting a shadow. Yet, a stellar 3.75% CPI print bolsters domestic optimism, hinting at RBI rate cuts. Global central bank decisions and economic indicators will drive momentumā€”expect rangebound trade with a focus on resilience and selective opportunities.

šŸ‘€Stocks to Focus:

  1. Tata Steel: Steel import tax could sustain gains.

  2. GRSE: Defence sector momentum may persist.

  3. IndusInd Bank: Stake hike buzz could drive interest.

šŸ“Summary:

Indian markets extended gains, with Nifty topping 22,900 on broad-based strength led by metals and defense. Domestic buying countered FII sales, bolstered by valuation comfort and import tax moves. The Fedā€™s stance today could sway sentimentā€”fundamentals and global clarity will determine if this rally holds.

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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.