With ANI Inputs
Share Market: India’s benchmark indices, Sensex and Nifty50, opened the day’s trade in green on Tuesday, March 25, 2025. The Sensex (index with top 30 firms) surged 311.90 points to open at 78,296.28 on Tuesday. Meanwhile, Nifty50 (index with top 50 firms) gained 93.15 points to open at 23,751.50 points.
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Notably, Tuesday’s opening for the stock market, marked a consecutive rally for the seventh session. Experts stated that the market is recovering due to buying by foreign investors.
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In the sectoral indices on NSE, Nifty PSU Bank gained 0.62% after surging more than 3% on Monday. All sectors are in the green, showing signs of recovery. Nifty Auto gained 0.51%, Nifty IT was up by 0.87%, and Nifty PSU Bank also gained 0.62%.
The top gainers in the Nifty 50 opening session include Ultratech Cement, HCL Tech, TCS, Infosys, and Wipro, while the top losers include Dr. Reddy’s, Britannia, IndusInd Bank, and Apollo Hospitals.
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Moreover, in other Asian markets, except for Hong Kong’s Hang Seng Index and South Korea’s KOSPI index, all other markets gained and were trading positively. Nikkei 225 was up by 0.7%, while the Taiwan Weighted Index gained 0.72%.
Share Market: What’s Driving The Surge?
Ajay Bagga Banking and Market Expert told ANI, “Indian markets are benefitting from a sharp short covering by FPIs and some domestic investors who have been wrong-footed by the strong 4% jump in the benchmark indices and the 7% plus jump in the broader indices last week. The FPI net inflow in the cash markets is the first after December and September 2024.”
He further stated, “The global sentiment improving is also helping. April 2nd remains a challenge for global trade. The news broken by the Wall Street Journal that the Trump Reciprocal Tariffs will be less broad based, and will have many exceptions given to sectors and countries, has led to a global relief rally.”
Akshay Chinchalkar, Head of Research, Axis Securities said, “The Nifty rose for the sixth straight day yesterday, but the demand for protection via the India VIX also jumped, given the swiftness of the recent advance. Although overall breadth has been firmly positive, the advance has been vertical, with three upside gaps opening up since the March 17 low. That has sent some near-term oscillators to overextended territory, so bulls need to exercise caution. Resistance for the day is expected to be seen in the 23827 and 23960 zone, while first support sits near 23402.”
