Stock Market Closes Higher for the Seventh Consecutive Day: Sensex Gains 32 Points to Close at 78,017; Zomato and IndusInd Bank Shares Fall 5%
On Tuesday, March 25, the stock market closed higher for the seventh consecutive trading session. The Sensex ended at 78,017, up by 32 points, while the Nifty gained 10 points to close at 23,668.
Out of the 30 Sensex stocks, 10 advanced while 20 declined. UltraTech Cement rose by 3.32%, Bajaj Finserv gained 2.16%, and Infosys climbed 1.71%. On the other hand, Zomato fell by 5.57%, IndusInd Bank dropped 5.09%, and Adani Ports declined by 1.89%.
Among the 50 Nifty stocks, 34 ended in the red. The Nifty Consumer Durables, Media, Metal, Pharma, and Oil & Gas indices declined by nearly 2%.
Global Markets Rally, FII Buying Continues
In Asian markets, Japan’s Nikkei rose 0.46%, while Hong Kong’s Hang Seng Index fell 2.35%, and China’s Shanghai Composite slipped 0.0015%.
On March 24, U.S. markets recorded significant gains. The Dow Jones surged 1.42% to close at 42,583, the Nasdaq Composite jumped 2.27%, and the S&P 500 index climbed 1.76%.
Foreign Institutional Investors (FIIs) purchased stocks worth ₹3,055.76 crore, while Domestic Institutional Investors (DIIs) bought shares worth ₹98.54 crore on March 24.
Sensex Surged 1,078 Points on Monday
On Monday, March 24, the stock market witnessed a strong rally. The Sensex soared 1,078 points (1.40%) to close at 77,984, while the Nifty jumped 307 points (1.32%) to settle at 23,658.
Among Sensex stocks, Kotak Mahindra Bank gained 4.63%, NTPC rose 4.51%, SBI advanced 3.75%, Tech Mahindra increased by 3.54%, and Power Grid climbed 3.27%. The Nifty PSU Bank Index surged 3.18%, the Private Bank Index gained 2.42%, the Realty Index rose 1.53%, the Oil & Gas Index advanced 1.46%, and the Financial Services Index climbed 1.89%.
Nifty Rises 7.16% from Its Annual Low
In March 2025, Nifty saw a significant recovery. Since hitting its low of 21,964 on March 4, it has risen by 7.16% to close at 23,658.
Over the past week, Nifty has surged by over 1,000 points (approximately 5%). This marks a record single-week gain in the last four months.
Market May Continue Its Bull Run on Strong Valuations
According to Ajay Kedia, Director of Kedia Advisory, the market has absorbed negative factors such as the Israel-Hamas war, trade wars, and the Russia-Ukraine conflict.
Additionally, the Indian stock market, which was previously overvalued, has now corrected to fair levels. Several major stocks are available at a discount, attracting investors. As a result, the market is experiencing a strong rally, which is expected to continue in the future.
