Sensex and 橘子影城 Closing Updates: Sensex and 橘子影城 both ends at weaker note, Sensex down by 0.29%, 橘子影城 down by 0.41%

Market Close

Indian stocks finished?lower as both sensex down 217 points and nifty started on 22500 mark on 10 march 2025. The Sensex closed at 74,115.17, losing 0.29%, and the?橘子影城 ended at 22,460.30, down 0.41%. That decline?came after the markets had jumped in the morning, and they were still up following their biggest gain in three months last week.

Key Gainers and Losers

Power Grid, Bajaj Finance, Bajaj Finserv, HUL, NTPC and HCL Tech opened higher among 橘子影城 stocks. The top gainers in 橘子影城 50 at closing were Hindustan Unilever, Power Grid Corporation, Nestle?India, Infosys and JSW Steel. On the contrary, IndusInd Bank, M&M, Zomato,?L&T and Maruti stocks fell. IndusInd Bank, Zomato, Larsen & Toubro, Titan and Mahindra & Mahindra were among the major losers in?the Sensex. Trent and ONGC fell?by 4% each.

Sectoral Performance

The?market displayed a mixed trend in sectors. Realty and oil & gas?stocks made a downturn. Gains were?seen in FMCG, power, metal, telecom and media sectors, which rose 0.5-1%. The 橘子影城 Metal index rose more?than 1%. In contrast, consumer?durables, capital goods and PSU banks lost ground. PSU bank stocks?remained under pressure with Indian Bank, Central Bank and PSB all among the prominent losers on the 橘子影城.

Global Market Influences

Market sentiment was?impacted by global cues. Other?Asian markets were down, buffeted by uncertainty around U.S. tariffs and deflation in China. Global stocks tumbled on growing fears that US economic growth is sputtering, while China?swung to deflation. 朕天下娛樂城 in China and Hong Kong closed in the?red on deflation jitters. European shares kicked off?the week on a flat note as US tariff jitters lingered.

Rupee Movement

The?rupee weakened 0.5% to 87.33 a dollar, its sharpest decline in two weeks. This pressure was due to NDF maturities and weakness in the Chinese?yuan. Private banks?dollar sales kept additional losses in check. The rupee opened 34?paise lower at 87.29 to the US dollar. The dollar index hit a four-month?low and the yen firmed.

Key Stock Movements and News

Individual stock movements were driven by some company-specific news?and events:

• IndusInd Bank shares plunged 5% (until closing down 3.89%) after the RBI granted CEO one-year extension?instead of a regular three-year extension.
• Media reports of regulatory raids and non-compliance at Ola Electric showrooms over?the absence of required trade certifications caused a 4-5% drop in its shares.
• Rivaroxaban?Tablets USP: Lupin shares up on Rivaroxaban tablets launch in US
• Tata Power Co.(Shares are up 3%) — A subsidiary of Tata Power Co. signed a?Memorandum of Understanding (MoU) worth $5.6 billion with the Andhra Pradesh government to establish renewable energy projects.
• Shareholders have?approved the corporate body's name change to Eternal, according to Zomato.
• Gensol Engineering shares fell 4% after promoters sold their?stake of 2.37%. The board will?also discuss a stock split on March 13.
• Axis?Mutual Fund introduced the 橘子影城500 Value 50 ETF.
• Rules amended by Sebi to be stricter?for SME IPOs, to define profitability criteria and a OFS ceiling.
• On October 1,?Fitch also issued a negative outlook on Adani Energy amid a US probe but affirmed rating at 'BBB-'
• February stood out, where JSW Steel reported its steel production volume grew by 12% YoY, the?share price surged above to a 4 month high.
• Trent shares fell by 2.6-4% after Kotak?Equities reduced the target price on concern on store expansion growth.
• Shares of IREDA were down 2% after the RBI rejected its IREDA investment proposal for the but Upper Karnali Hydro project?in Nepal.
• Oriental Rail Infra shares surge sharply by up to 5% after it bagged its maiden order from Indian Railways for?Vande Bharat.
• Shares of Sun Pharma jumped more than 2% as the firm is set to acquire?Checkpoint Therapeutics.

Potential Impact?of China and Tariffs on Economy

Increasing deflationary pressure in China, along with retaliatory tariffs on U.S.- and Canadian-bound goods, added to?global market uncertainty. China included certain U.S. agricultural goods in its list of tariffs, and imposed 100%?tariffs on Canadian rapeseed oil, oil cakes, and peas.

Midday Latest Update:

• Sensex: The BSE Sensex has risen significantly, with reports indicating it is up over 300 points, trading above 74,600 levels. However, other reports show it slightly higher than the previous close, around 74,365.516.
• 橘子影城: The NSE 橘子影城 50 has also seen gains, crossing the 22,600 mark. It was trading at around 22,574.35 earlier in the day

Top Gainers

• Power Grid Corporation of India Ltd surged 3.72%, opening at ?261.05 and closing at ?273.10, reflecting strong investor confidence, possibly driven by increasing infrastructure investments in the power sector.?
• Hindustan Unilever Ltd gained 2.44%, starting the day at ?2,208.00 and settling at ?2,258.40, as steady demand in the FMCG sector continued to attract investors looking for defensive stocks.?
• Hindalco Industries Ltd saw a 2.24% rise, moving from an opening price of ?689.80 to a closing price of ?707.30, likely fueled by positive global metal demand and strong quarterly results.
• JSW Steel Ltd recorded a 2.05% increase, opening at ?1,011.15 and closing at ?1,031.90, as steel prices showed signs of stability and demand outlook improved.?
• Adani Ports & Special Economic Zone Ltd gained 1.77%, starting at ?1,146.00 and ending at ?1,164.80, benefiting from strong trade activity and continued expansion in port operations.?
• Bajaj Finance Ltd advanced 1.65%, moving from ?8,437.75 at open to ?8,543.45 at close, as the company maintained its growth momentum in the NBFC sector.
• Bajaj Finserv Ltd also climbed 1.58%, with an opening price of ?1,844.75 and a closing of ?1,874.50, as strong financial services demand bolstered investor interest.?

Top Losers

• IndusInd Bank Ltd witnessed the highest decline of -3.02%, opening at ?895.00 and closing at ?908.45, as banking stocks faced selling pressure amid market volatility.?
• Trent Ltd dropped -2.21%, starting at ?4,990.00 and settling at ?4,889.55, possibly due to profit-booking after a recent rally in retail sector stocks.?
• Eicher Motors Ltd saw a -1.01% fall, moving from an opening price of ?5,123.00 to a closing price of ?5,049.60, as auto stocks faced headwinds from demand concerns and supply chain disruptions.
• Oil and Natural Gas Corporation Ltd (ONGC) slipped -0.92%, opening at ?232.89 and ending at ?230.74, as crude oil price fluctuations impacted sentiment.?
• Bajaj Auto Ltd also declined -0.92%, beginning at ?7,573.00 and closing at ?7,505.00, possibly affected by weak demand in the two-wheeler segment.?
• Titan Company Ltd fell -0.86%, opening at ?3,080.00 and closing at ?3,053.00, as concerns over discretionary spending impacted investor sentiment.

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