The Indian stock markets opened higher on Wednesday, supported by a bullish trend in global markets. The upward movement was largely driven by continued gains in US indices, boosting investor sentiment across international markets.
Welcome to the 1st episode of #InvestingDemystified series by NSE
A series where investors will gain knowledge on securities market, financial planning & many more
Let's start first by understanding asset classes.
From equities to alternative assets, this episode of Investing… pic.twitter.com/vN78iTAOkq
— NSE India (@NSEIndia) March 18, 2025
On the opening of the trading session, the BSE Sensex was up 29.56 points or 0.04 per cent at 75,330.82, and the Nifty50 at the National Stock Exchange (NSE) was up 19.70 points or 0.09 per cent at 22,854.00.
In today’s trading, stocks of 1,767 companies advanced while 523 shares declined, and 117 stocks remained unchanged.
Nifty India Internet & E-Commerce Index is designed to track the performance of companies primarily operating in the digital and e-commerce space. This index helps investors benchmark portfolios and facilitates the launch of index funds, ETFs, and structured products, enabling… pic.twitter.com/YoSOxzaDT5
— NSE India (@NSEIndia) March 18, 2025
At NSE, Tata Steel, JSW Steel, Bajaj Finserv, SBI, and Bharti Airtel were the major gainers, while stocks of TCS, HCL Technologies, Tech Mahindra, Cipla, and Trent were the major losers. According to market experts, investor sentiments in Indian markets look encouraging as major global markets have witnessed positive trading amid apprehensions of US trade tariffs and other global uncertainties.
Fiscal spending momentum, easing financial conditions, and improving economic and corporate earnings outlook also support the markets.
#OnETNOW | Is the market becoming more stock-specific? Rakshit Ranjan (@RakshitRanjanM1) of Marcellus Investment Managers (@MarcellusInvest) reveals his portfolio strategy and shares insights on spotting individual stock opportunities amid broader trends!
Watch the full… pic.twitter.com/oEaVzbfgLc
— ET NOW (@ETNOWlive) March 19, 2025
“In India, reasonable valuations, fiscal spending momentum, easing financial conditions by the concerted actions of the RBI, and improving economic and corporate earnings outlook combined with FPI inflows are a strong boost to the stock market,” said Ajay Bagga, a banking and market expert.
Indian markets buoyed by US rally
Bagga noted that US Fed concerns could lead to some profit-taking later in the trading day.
#MarketAlert | Nifty and Nifty Midcap 100 hit day's high; all sectoral indices in green except Nifty IT & FMCG. #StockMarket #Nifty #Sensex pic.twitter.com/dYv4OBh6OP
— ET NOW (@ETNOWlive) March 19, 2025
Indian markets need to sustain above key levels for multiple sessions for this recovery to become robustly anchored, he added. “On the Nifty front, Open Interest data highlights strong resistance at the 23,000 and 23,400 levels, while support is seen at 22,300.
The Nifty formed a bullish candle, breaking through the critical 22,700-22,800 resistance zone. The short-term trend remains positive, with expectations of a move toward 23,100-23,200. Immediate support is at 22,700,” said Varun Aggarwal, MD of Profit Idea.
On Tuesday, both indices experienced a strong rally. The Sensex surged by 1,131.31 points, or 1.53 percent, closing at 75,301.26, marking a one-month high. The Nifty 50 gained 325.55 points, or 1.45 per cent, to settle at 22,834.30.
