
The Indian stock market failed to hold onto early gains and ended the day on a muted note.
- BSE Sensex: Closed at 74,332.58, down 7.51 points or 0.01%, fluctuating between 74,586.43 and 74,038.03.
- NSE Nifty50: Gained 7.80 points or 0.03% to close at 22,552.50, after hitting a high of 22,633.80 and a low of 22,464.75.
The broader market showed mixed trends:
- Nifty Smallcap100: Up 0.67%, continuing its upward momentum.
- Nifty Midcap100: Down 0.32%, facing mild profit booking.
Impact on the stock market
Sectors that gained:
- Nifty Auto: Up 1.83% – Tata Motors and Bajaj Auto led the charge.
- Nifty PSU Bank, Metal, Media, Oil & Gas: Gained up to 1.83%, with strong momentum in selected stocks.
Sectors that declined:
- Nifty Consumer Durables, Realty: Down over 1% – Weakness in these sectors pulled indices lower.
- Nifty IT, Bank Nifty, Financial Services, Private Bank, Healthcare: Fell up to 0.85%, reflecting investor caution.
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Sector/Index | Performance |
IT & BPM sector | -0.85% |
Healthcare sector | -0.52% |
Oil & Gas sector | 0.55% |
Real estate sector | -1.19% |
PSU Bank in India | 0.04% |
Top gainers today
Company | Price | Change % |
Reliance Share Price | 1,249.80 | 3.32 |
Nestle Share Price | 2,238.45 | 1.69 |
Bajaj Auto Share Price | 7,574.75 | 1.51 |
Bharat Elec Share Price | 276.99 | 1.48 |
Hindalco Share Price | 691.35 | 1.38 |
Top losers today
Company | Price | Change % |
IndusInd Bank Share Price | 936.75 | -3.60 |
NTPC Share Price | 329.55 | -2.47 |
Shriram Finance Share Price | 630.85 | -2.10 |
Infosys Share Price | 1,686.00 | -1.74 |
HCL Tech Share Price | 1,557.95 | -1.73 |
Market aftermath: Impact on stocks
Suzlon surges 9%, biggest one-day gain in 20 months
Suzlon Energy Ltd jumped 9.29% intraday, hitting ₹56.94 per share, marking its biggest single-day gain in nearly two years.
- The stock has been rising for five consecutive sessions, up 12% this week.
- 1.34 crore shares changed hands, with a ₹73.57 crore turnover.
- Suzlon’s market cap now stands at ₹74,765.86 crore.
Despite trimming some gains, Suzlon ended the session up 5.11% at ₹54.76, showing strong investor confidence.
Also read: Suzlon Energy Ltd: Share price, latest news and financials
Jana Small Finance Bank jumps 12% after RBI forex license approval
Jana Small Finance Bank’s shares rallied 12.22% to ₹491 after the Reserve Bank of India (RBI) granted it an AD-I (Authorized Dealer Category-I) license for forex operations.
- The news triggered fresh buying interest, pushing the stock to new highs.
- Despite this, Jana Small Finance Bank reported a 17.8% YoY decline in net profit to ₹110.6 crore for Q3FY25, compared to ₹134.6 crore in the same period last year.
While earnings saw a dip, the forex license approval is expected to boost future growth prospects for the company.
Inox Wind gains 2% after securing a 153 MW order
Shares of Inox Wind Ltd climbed 2% to ₹159, as the company announced a 153 MW order from Tamil Nadu.
- Inox Wind will supply 3 MW-class turbines and handle operations & maintenance.
- This deal adds to its growing order book and strengthens revenue visibility.
- Despite today’s gains, the stock is down 25% in the last three months due to broader weakness in the renewable energy sector.
Crude oil struggles amid US tariff uncertainty
Crude oil continued to trade below $70 per barrel, as uncertainty over US tariffs kept investors on edge.
- Brent crude (May futures): $69.50, up 0.06%
- WTI crude (April futures): $66.35, down 0.02%
- MCX March crude oil futures: ₹5,795, up 0.19%
The US temporarily suspended 25% tariffs on Canadian and Mexican imports, but tariffs on steel and aluminium will take effect from March 12.
- The Canadian government confirmed that CUSMA-compliant exports are exempt until April 2.
- However, energy products remain subject to a separate 10% tariff, creating uncertainty for the global oil market.
Market participants expect further volatility, as oil prices react to global trade policies and OPEC supply decisions.
Conclusion:
Friday’s trading session started strong but ended flat, with stock-specific movements dominating the market.
- Reliance Industries, Suzlon, and Jana Small Finance Bank saw strong gains.
- Hexaware Technologies and banking stocks dragged the market lower.
- Small-cap stocks continued their rally, while mid-caps saw mild profit booking.
- Crude oil prices remained uncertain, affecting global sentiment.
With global markets showing mixed trends, investors will keep an eye on macroeconomic data, corporate earnings, and global policy developments to assess the next market direction. For now, the market seems to be in a consolidation phase, waiting for the next trigger.
For more stock market insights, check out the StockGro blog.