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Share Market On March 6 – Sensex Surges For Second Straight Day – What’s Driving The Rally?

There are several factors leading to the current share market surge. These factors include, US dollar hits three-month low, dip in the US bond yield, renewed fear of the US inflation, and evaporating fear of US President Donald Trump's tariff.

Share Market Today: India’s benchmark indices, Sensex and Nifty50, ended the day’s trade in green on Thursday, March 6, 2025. This is the second consecutive day when these indices closed in green. The Sensex (index with top 30 firms) surged 609.86 points to 74,340.09 on Thursday. Meanwhile, Nifty50 (index with top 50 firms) was up 207.40 points to 22,544.70 points.

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Meanwhile, the Sensex surged 740.30 points to settle at 73,730.23 on Wednesday, March 5. Nifty50 was up 254.65 points to settle at 22,337.30 points.

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There are several factors leading to the current share market surge. These factors include, US dollar hits three-month low, dip in the US bond yield, renewed fear of the US inflation, and evaporating fear of US President Donald Trump’s tariff.

Is the Share Market Curse Over?

Avinash Gorakshkar, Head of Research at Profitmart Securities, the current market upswing could be a relief rally, following 19 consecutive sessions of decline. He said that during this downturn, many investors, particularly foreign institutional investors (FIIs), accumulated significant short positions, which they may now start to cover, contributing to the rally.

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Experts are cautioning that the current rally in Indian equities may not be sustainable, and it’s premature to assume that the market’s curse is over.

How Leading Stocks Performed?

Based on BSE data, here’s a snapshot of how key stocks performed in Thursday’s trading session.

CompanyPrice ChangeClosing Price (Rs)
ICICI Bank0.23% Up1,218.40
Tata Motors0.19% Down639.75
TCS (Tata Consultancy Services)1.42% Up3,599.70
Reliance Industries (RIL)2.96% Up1,210.55
Zomato0.62% Down225.40
HCL Technologies0.75% Up1,584.30
Tech Mahindra2.31% Down1,503.60
Adani Ports2.04% Up1,135.25
ITC0.10% Up405.75
Bajaj Finance0.95% Up8,387.90

On Thursday, 25 out of 30 Sensex constituents ended in the green, while the 5 Sensex stocks closed in the red.

ALSO READ: Is the Share Market Curse Over? Sensex Surges 740 Points – Here’s How Leading Stocks Performed

First published on: Mar 06, 2025 04:03 PM IST


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