Date: 28-mar-2025 | By: Nuztrend Team
The Indian stock market commenced trading on a flat note on March 28, 2025, reflecting investor caution amid looming US tariff announcements and mixed global cues.
At the opening bell, the NSE Nifty 50 edged up by 0.03% to 23,600.2, while the BSE Sensex experienced a slight decline of 0.01%, settling at 77,591.29 as of 9:24 a.m. IST. This tepid movement underscores the market's apprehension ahead of the anticipated US tariff declarations. [Source]
Various sectors exhibited mixed performances:
The Indian rupee opened higher, trading between 85.68 to 85.72 against the US dollar, bolstered by renewed foreign investments in local equities. On Thursday, foreign investors injected over $1.2 billion into Indian shares, marking a significant reversal from previous outflows. [Source]
Market experts anticipate muted volumes and position squaring as the financial year draws to a close, especially with the upcoming market holiday on Monday. The recent US tariff announcements have introduced volatility, particularly affecting auto manufacturers globally. [Source]
Ajay Bagga, a banking and market expert, noted, "With Monday being a market holiday in India and the month-end, year-end having happened on Thursday for March, FY2025 expiries, expect muted volumes and squaring off of positions by the afternoon to avoid exposure into the long weekend." [Source]
The Indian stock market's flat opening reflects a cautious stance among investors amid global trade uncertainties. Market participants are advised to remain vigilant and consider sector-specific dynamics when making investment decisions in this fluctuating environment.
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