With ANI Inputs
Share Market: India’s benchmark indices, Sensex and Nifty50, opened the day’s trade in green on Wednesday, March 19, 2025. The Sensex (index with top 30 firms) surged to open at 75,473.17 on Wednesday. Meanwhile, Nifty50 (index with top 50 firms) gained to open at 22,874.95 points.
---Advertisement---
Despite foreign portfolio investors (FPI) recording significant cash sales, Indian markets managed to close in the green on Monday, driven by strong domestic institutional investor (DII) activity.
---Advertisement---
There are certain factors contributing to the current share market surge. These factors include: valuation comfort after downturn, macroeconomic indicators of the Indian economy showing green signals, market expects limited impact from Trump tariffs, rising streak of the Indian Rupee, and RBI rate cut expectation.
Share Market: What’s Influencing Dalal Street?
Ajay Bagga, a banking and market expert, commented, “In a Central Bank policy heavy week, where 10 central banks are announcing interest rate decisions, risk assets will be closely watching the US Fed. A 99% probability is baked into Fed futures for a ‘hold’ by the FOMC this week.”
---Advertisement---
He added, “The Bank of Japan and Bank of England are also expected to keep their policy on hold for now. US markets rallied for a second day on the back of stronger-than-expected retail sales numbers from the US. Asian markets are following through, with most major Asian markets up this morning. Indian markets saw a steep FPI cash sales number but managed to end Monday in the green on the back of strong DII numbers.”
“We are expecting some selloff on Wednesday post the FOMC meeting as the Fed futures are showing that the markets are discounting as many as three rate cuts in 2025. Any hawkish Fed speaks on this front could lead to a small selloff in the markets on Wednesday in the US,” said Bagga.
ALSO READ: Share Market Blooms On March 18: Sensex Surges Over 1,100 Points – What’s Behind The Rally?
