Stock Market Highlights: Sensex rallies for 6th day, adds 1,078pts, Nifty at 23,658; PSB outperforms
Sensex Today | Stock Market Highlights: Banking shares stole the show among the sectoral indices, with PSU banks leading the charge, as the Nifty PSU Bank index ended higher by 3.18 per cent
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Stock Market Highlights, Monday, March 24, 2025: Benchmark Indian equity indices continued their northward movement for the sixth consecutive session to settle with gains of over 1 per cent each. The 30-share Sensex climbed 1,078.87 points or 1.40 per cent to settle at 77,984.38. The index scaled an intra-day high of 78,107.23 on Monday.
Mirroring the Sensex, Nifty50 settled higher by 307.95 points or 1.32 per cent at 23,658.35. The index reached an intra-day high of 23,708.75, while intra-day low levels were recorded at 23,433.50. With this the Market capitalisation of listed companies on the NSE rose to $ 4.79 trillion or ₹ 410.79 lakh crore. Monday ended in favor of the bulls, as 24 out of the 30 constituent stocks of BSE Sensex settled higher, led by NTPC, Kotak Mahindra Bank, State Bank of India (SBI), Tech Mahindra, and Power Grid Corp, with gains of up to 4.63 per cent. Conversely, Nestle India, Bharti Airtel, Mahindra & Mahindra, Zomato, IndusInd Bank, and Titan were the 6 constituent stocks of Sensex that ended lower by up to 2.73 per cent.
Among the broader markets, the Nifty Midcap100 and Smallcap100 indices settled higher by over 1 per cent each.
Banking shares stole the show among the sectoral indices, with PSU banks leading the charge, as the Nifty PSU Bank index ended higher by 3.18 per cent. Bank Nifty, and the Nifty Private Bank index also settled with gains of over 2 per cent each.
Among others, barring the Nifty Media index, all the sectoral indices on the NSE settled with gains of up to 2 per cent.
3:56 PM
Stock Market LIVE Updates: Market expert view
Stock Market LIVE Updates: The domestic market experienced a robust rally, spurred by value buying as valuations returned to long-term averages and early indications of earnings growth recovery emerged. Increased government spending and expected monetary easing are anticipated to boost optimism in rate-sensitive sectors such as banking, NBFCs, auto, consumer durables, and real estate, leading to potential outperformance.
The sustainability of this trend will depend on upcoming PMI data, Q4 earnings results, and developments related to reciprocal US tariffs.
View by Vinod Nair, head of research, Geojit Investments Limited.
The sustainability of this trend will depend on upcoming PMI data, Q4 earnings results, and developments related to reciprocal US tariffs.
View by Vinod Nair, head of research, Geojit Investments Limited.
3:55 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: The Nifty has witnessed a further extension of its upward move, rising above the resistance level of 23,600. The RSI is in a bullish crossover, coupled with the fact that the price has been sustaining above the 50 EMA for the last three days.
In the short term, the index is likely to remain strong as long as it stays above the support level of 23,500. Only a decisive fall below 23,500 might trigger a small correction in the market.
View by Rupak De, senior technical analyst, LKP Securities.
In the short term, the index is likely to remain strong as long as it stays above the support level of 23,500. Only a decisive fall below 23,500 might trigger a small correction in the market.
View by Rupak De, senior technical analyst, LKP Securities.
3:40 PM
Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close
Stock Market LIVE Updates: Kotak Mahindra Bank, NTPC, SBI were among the top gainers on Sensex.
3:39 PM
Stock Market LIVE Updates: Broader markets close in green
Stock Market LIVE Updates: BSE Midcap and Smallcap ended over 1 per cent higher.
3:38 PM
Stock Market LIVE Updates: Nifty settles at 23,658.35, up 307.95 pts
Stock Market LIVE Updates: NSE Nifty50 closed at 23,658.35, up 307.95 points or 1.32 per cent on March 24, 2025.
3:35 PM
Stock Market LIVE Updates: Sensex closes up 1,078 pts at 77,984.38
Stock Market LIVE Updates: BSE Sensex was up 1078.87 points or 1.4 per cent at 77,984.38.
3:25 PM
Stock Market LIVE Updates: India to drive 6% of world trade growth in 5 yrs
Stock Market LIVE Updates: India is estimated to contribute 6 per cent to global trade growth over the next five years, according to the 'DHL Trade Atlas 2025' report, jointly published by New York University’s Stern School of Business and German logistics brand DHL.
The report, which gives an analysis of trade patterns for nearly 200 countries and territories worldwide, states that India’s share in global trade expansion will follow that of China, which is expected to contribute 12 per cent, and the United States, projected at 10 per cent. Read more
3:16 PM
Stock Market LIVE Updates: Jindal Stainless shares slip 5%; stock nears 52-week low in firm market
Stock Market LIVE Updates: Jindal Stainless (JSL) share price slipped 5 per cent to ₹593.40 on the BSE in Monday’s intra-day trade amid heavy volumes after the company informed the exchanges that Anurag Mantri has resigned from the post of Executive Director and Group CFO. Accordingly, he will cease to be the Executive Director and Group CFO of the Company with effect from April 4, 2025.
At 02:25 pm, JSL was quoting 4.9 per cent lower at ₹595.05, as compared to the 1.52 per cent rise in the BSE Sensex. Read more
3:07 PM
Stock Market LIVE Updates: 3 PM Update- Sensex up 997 pts, Nifty above 23,600
Stock Market LIVE Updates: BSE Sensex was up 977 points or 1.3 per cent at 77,902.51, around 3 PM. Similarly, NSE Nifty50 was 276 points or 1.18 per cent higher at 23,626.7.
2:55 PM
Stock Market LIVE Updates: Biocon gains 2% on US FDA nod for ANDA Norepinephrine Bitartrate Injection
Stock Market LIVE Updates: Biocon shares climbed higher on Monday, March 24, 2025, with the stock rising 2.23 per cent to hit an intraday high of ₹351.80 on the National Stock Exchange (NSE).
The uptick followed the announcement that Biocon's subsidiary had received approval from the US Food and Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) for Norepinephrine Bitartrate Injection USP, 4 mg/4 mL (1 mg/mL) single-dose vial. This injection is intended for use in raising blood pressure in adult patients experiencing acute hypotension. READ MORE
2:45 PM
Stock Market LIVE Updates: Power Mech up 17% on ₹597 crore order from BHEL; zooms 50% from March low
Stock Market LIVE Updates: Power Mech Projects shares surged 17 per cent to ₹2,546.45 on the BSE during Monday's intraday trade, driven by substantial trading volumes. The rally followed the company securing a ₹579 crore order (excluding GST) from Bharat Heavy Electricals Limited (BHEL) for civil structural and architectural works, with the project slated for completion within 32 months from the issuance of the Letter of Award (LoA).
As of 1:11 PM, the stock was trading 16 per cent higher at ₹2,513.55, compared to a 1.3 per cent increase in the BSE Sensex. This marks a strong recovery for the civil construction company, whose shares have rebounded 50 per cent from their 52-week low of ₹1,698.85 reached on March 3, 2025. The stock previously achieved a 52-week high of ₹3,725 on August 23, 2024. READ MORE
2:25 PM
The Nifty Bank index climbed 2.3 per cent to 51,769.80 on the NSE, marking its eighth consecutive day of gains and an 8 per cent rally over this period. The index is now trading at levels last seen on December 30, 2024. READ MORE
Stock Market LIVE Updates: Nifty Bank up 2%, hits highest level of CY 2025; ICICI, Kotak at new highs
Stock Market LIVE Updates: Banking stocks, both public and private, took center stage on Monday as the Nifty Bank index soared 2 per cent during intraday trading, reaching its highest level in calendar year 2025 (CY25). The surge was fueled by expectations of robust earnings and a broad-based recovery in the markets. Notably, shares of ICICI Bank and Kotak Mahindra Bank reached their all-time highs on the National Stock Exchange (NSE) during the session.
The Nifty Bank index climbed 2.3 per cent to 51,769.80 on the NSE, marking its eighth consecutive day of gains and an 8 per cent rally over this period. The index is now trading at levels last seen on December 30, 2024. READ MORE
2:13 PM
India VIX, the domestic market volatility measure, spiked by 10.95 per cent to reach 13.9, marking its largest intraday jump since January 6, according to Bloomberg data. Despite this surge, the index had been trending downward since the latter half of January, even as markets declined due to foreign outflows.
Stock Market LIVE Updates: India stocks fear gauge spikes 11% amid market recovery
Stock Market LIVE Updates: India's stock market volatility index saw a sharp rise of nearly 11 per cent on Monday, as benchmark indices recovered from earlier losses, posting their strongest weekly performance in over four years.
India VIX, the domestic market volatility measure, spiked by 10.95 per cent to reach 13.9, marking its largest intraday jump since January 6, according to Bloomberg data. Despite this surge, the index had been trending downward since the latter half of January, even as markets declined due to foreign outflows.
As of 12:20 PM, volatility in domestic stocks showed signs of easing, with India VIX up by 7.1 per cent at 13.4, alongside a 1.24 per cent gain in the Nifty 50. So far this year, India VIX has declined by 6.5 per cent, while the Nifty 50 has successfully recouped all its losses from 2025. READ MORE
2:03 PM
At 2 PM, the BSE Sensex was higher by 1083.26 points, or 1.41 per cent, at 77,988.77, and the Nifty50 was at 23,674.35, ahead by 323.95 points, or 1.39 per cent.
Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty maintain higher levels
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 are trading higher on Monday, amid mixed global cues.
At 2 PM, the BSE Sensex was higher by 1083.26 points, or 1.41 per cent, at 77,988.77, and the Nifty50 was at 23,674.35, ahead by 323.95 points, or 1.39 per cent.
1:51 PM
Providing clarification on the surge in volume, Finolex Cables stated last week that the company has complied with all disclosure requirements under Regulation 30 of the Securities and Exchange Board of India’s (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company emphasised that there is no pending information or announcement that could impact the price or trading activity of its shares.
Stock Market LIVE Updates: Finolex Cables, Finolex Industries surge up to 13% on heavy volumes
Stock Market LIVE Updates: Shares of Finolex Industries and Finolex Cables witnessed significant gains, rallying up to 13% on the BSE during Monday's intraday trade amid robust trading volumes.
Providing clarification on the surge in volume, Finolex Cables stated last week that the company has complied with all disclosure requirements under Regulation 30 of the Securities and Exchange Board of India’s (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company emphasised that there is no pending information or announcement that could impact the price or trading activity of its shares.
During today's session, Finolex Cables’ stock climbed 12% to an intraday high of ₹940.70 on the BSE. Trading volumes on the stock rose nearly three-fold, with a total of 3.31 million equity shares exchanged across the NSE and BSE as of 10:52 AM, according to exchange data. READ MORE
Topics : MARKET WRAP MARKET LIVE MARKETS LIVE MARKETS TODAY share market stock market trading Markets Sensex Nifty S&P BSE Sensex Nifty50 BSE NSE equity Gift Nifty
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First Published: Mar 24 2025 | 7:49 AM IST
