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Harika Enjamuri

27th Mar 2025 · SEBI-Registered Analyst

Nifty 50 Analysis - March 27, 2025

On March 27, 2025, the Nifty 50 rose 105.10 points (+0.45%) to 23,591.95, and the Sensex gained 317.93 points (+0.41%), maintaining bullish momentum despite global headwinds. Trump’s 25% tariff on auto imports wiped out $12 billion in market value from Asian automakers. Toyota lost $6.8 billion, while Tata Motors’ market cap fell by $1.7 billion to $28.7 billion. The tariff significantly impacts Japanese and South Korean automakers, with 67% of Hyundai’s U.S. sales and over one-third of Japan’s auto exports affected. JLR, a Tata Motors subsidiary, could face margin pressures as 31% of its U.S. sales come from UK-made models. Indian auto component stocks also declined. Sona BLW fell 6%, Bharat Forge dropped 2.01% to ₹1,159.15, and Samvardhana Motherson slid 2.24% to ₹131.91 after recovering from an 7% intraday loss. Meanwhile, China’s BYD surged 3%, adding $4 billion to its market cap, now at $160.2 billion, driven by strong domestic demand. The tariff could pressure margins for Tata Motors and auto component exporters like Bharat Forge, impacting the automobile sector’s contribution to India’s trade balance. However, strong domestic demand supports market sentiment, keeping Nifty’s uptrend intact. Traders should watch global cues and resistance levels for further direction. Technically, Nifty 50 broke out of a falling wedge pattern, testing key resistance at 23,925. Moving averages (9 EMA, 70 EMA, 100 EMA) indicate bullish momentum, but RSI at 66.80 suggests overbought conditions. A breakout above 23,925 could push Nifty to 24,200–24,400, while support lies at 23,350–23,150 and 22,825. The top five gainers in the Nifty 50 today were !HEROMOTOCO, !BAJAJFINSV, !INDUSINDBK !NTPC, and !BPCL, leading the market. On the flip side, the biggest losers were !EICHERMOT, !APOLLOHOSP, !TATAMOTORS, !MARUTI, and !SUNPHARMA , underperforming the market. I have attached the daily chart of Nifty 50 for your reference. Follow me for more such updates, Thank You!

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