Desk
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The BSE Sensex and NSE Nifty 50 ended Monday’s trading session on a positive note, driven by sustained buying in financial, healthcare, and select metal stocks. Despite a cautious start, both indices gained momentum, closing with significant gains.
Market Summary: Sensex & Nifty Performance
Sensex Highlights:
Opened cautiously, dipping to a low of 73,796 (-33 points).
Rallied 400 points from the day’s low, reaching a high of 74,376.
Consolidated gains and closed 341 points higher at 74,170.
Nifty 50 Performance:
Opened with a negative gap of 44 points at 22,353.
Rebounded strongly, hitting a high of 22,577.
Closed up 112 points (+0.5%) at 22,509.
Top Gainers & Losers
Top Gainers (Sensex 30 Stocks):
Bajaj Finserv: +3.8% (₹1,875)
Mahindra & Mahindra, Axis Bank, Bajaj Finance: +2% each
Adani Ports, Zomato, ICICI Bank, Sun Pharma, UltraTech Cement, Tata Motors, Tata Steel also gained significantly.
Top Losers:
ITC: -1%
Nestle India, SBI, Reliance Industries also closed in the red.
Global Market Cues
US Markets (Friday Rebound):
NASDAQ: +2.6%
Dow Jones: +1.7%
S&P 500: +2.1%
Asian Markets (Monday Morning):
Hong Kong’s Hang Seng & Japan’s Nikkei: +1.4%
Taiwan & KOSPI: +1% each
Singapore’s Straits Times: +0.7%
China’s Shanghai Composite: +0.4%
Upcoming Global Events to Watch
March 19 (Wednesday): US Federal Reserve & Bank of Japan policy decisions.
March 20 (Thursday): Bank of England policy announcement.
Investors closely monitoring interest rate decisions and their impact on global markets.
Commodities Update: Gold & Oil Prices Surge
Gold Prices:
- Crossed the $3,000 mark for the first time ever
- Driven by concerns over Donald Trump’s tariff policies and global economic uncertainty.
Crude Oil Prices:
- WTI Crude Oil: +1% at $67.67 per barrel
- Brent Crude Oil: +1% at $71.35 per barrel
Markets Stay Strong Amid Positive Global Sentiment
With Sensex and Nifty rallying, strong buying in financial and metal stocks, and positive global cues, the markets remain optimistic. However, upcoming central bank decisions and geopolitical developments will be key factors influencing the next market move.
Investors should stay cautious but optimistic as volatility remains high, especially with crucial economic policies on the horizon.
