Stock market benchmark indices rebounded on Thursday (March 27, 2025) after falling sharply in the earlier session as steady overseas fund inflows and buying in blue-chip Reliance Industries, L&T, and Bajaj Finance supported the restoration.
However, promoting in auto counters and subdued pharma shares amid uncertainties over Trump tariffs restricted the gains in home equities, merchants stated.
The 30-share BSE benchmark Sensex climbed 317.93 points or 0.41% to settle at 77,606.43. During the day, it surged 458.96 points or 0.59% to 77,747.46.
The NSE Nifty rallied 105.10 points or 0.45% to 23,591.95.
From the Sensex pack, Bajaj Finserv, IndusInd Bank, NTPC, Larsen & Toubro, ExtremelyTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, State Bank of India, HDFC Bank and Titan have been the largest gainers.
Tata Motors tanked over 5.5% after U.S. President Donald Trump introduced he would impose 25% tariffs on imported automobiles.
Sun Pharma, Kotak Mahindra Bank, Bharti Airtel, HCL Tech and Mahindra & Mahindra have been additionally among the many laggards.
“Domestic indices maintained optimism throughout the day, driven by sustained foreign fund inflows and the purchase of blue-chip stocks. However, the 25% tariff on auto imports imposed by Trump has affected auto stocks and raised concerns within the pharma sector.
“Despite these challenges, the broader market demonstrated resilience, supported by expectations of double-digit earnings growth in FY26, driven by easing inflation and a downward trend in interest rates, which are anticipated to improve domestic fundamentals,” Vinod Nair, Head of Research, Geojit Investments Limited, stated.
Foreign Institutional Investors (FIIs) purchased equities value ₹2,240.55 crore on Wednesday (March 26), in accordance with change information.
In Asian markets, Shanghai and Hong Kong settled in the optimistic territory whereas Seoul and Tokyo ended decrease.
Equity markets in Europe have been quoting decrease.
U.S. markets ended in the adverse territory on Wednesday (March 26).
“The shift in FII stance, coupled with strength in banking and financial majors and rotational support from other heavyweights, is sustaining the positive sentiment. However, news related to US tariffs continues to trigger occasional volatility,” Ajit Mishra – SVP, Research, Religare Broking Ltd, stated.
Global oil benchmark Brent crude dipped 0.23% to $73.62 a barrel.
The BSE benchmark gauge tanked 728.69 points or 0.93% to settle at 77,288.50 on Wednesday (March 26). The Nifty dropped 181.80 points or 0.77% to 23,486.85.
Published – March 27, 2025 05:07 pm IST
