On Monday, March 10, 2025, India’s stock showed mixed trends amid global economic uncertainty. The BSE Sensex slipped 0.29% to close at 74,115.17, while the NSE Nifty 50 gained 0.35%, ending at 22,632.2.
Sector Highlights:
- Financial Services: Bajaj Finance and ICICI Bank rose 2% and 1%, respectively, helping lift the Nifty 50.
- Metals: Stocks like Hindalco, Tata Steel, and JSW Steel saw gains, providing market support.
- Pharmaceuticals: Sun Pharmaceutical Industries edged up 0.08% to ₹1,611.15, while Dr. Reddy’s Laboratories declined 1.12% to ₹1,120.15.
Individual Stock Movements:
- NTPC Ltd.: Dropped 0.06% to ₹329.15, lagging behind Tata Power, which gained 0.28%.
- Axis Bank: Fell 0.18% to ₹1,035.65 but performed better than the broader market.
- Larsen & Toubro: Declined 2.10% to ₹3,177.45, underperforming overall.
Market Outlook:
Analysts expect a slow recovery despite economic growth improvements, with volatility driven by U.S. tariff negotiations. The India VIX spiked 3%, signaling investor caution.
Overall, while financial and metal stocks provided support, the market remained mixed on March 10, 2025, influenced by global factors and sector-specific trends.
