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Indian Stock Market Opens Strong on March 24, 2025: Sensex and Nifty Extend Gains

Date: 24-mar-2025

Indian Stock Market Opens Strong on March 24, 2025: Sensex and Nifty Extend Gains

Sensex and Nifty Register Early Gains

The Indian stock market began the new week on a strong note as benchmark indices opened higher on March 24, 2025. The BSE Sensex rose by over 545 points to reach 77,451.49, while the Nifty 50 advanced by 152.75 points, starting the session at 23,503.15. This upward movement follows a week of mixed global trends and steady domestic cues.

Positive Sectoral Momentum

Investor sentiment was largely upbeat, with a rally across multiple sectors. The strongest performers came from:

  • Infrastructure – Led by Larsen & Toubro, the sector gained on hopes of continued capital expenditure by the government.
  • Power & Utilities – Stocks like Power Grid and NTPC rose significantly amid rising demand and supportive regulatory outlooks.
  • Energy – ONGC and Reliance Industries traded higher on stable crude prices and robust earnings expectations.
  • Auto – Hero MotoCorp gained ground on reports of strong retail demand in Tier-2 and Tier-3 cities.

Top Gainers and Losers

Among Nifty 50 constituents, the early session saw the following major movements:

  • Top Gainers:
    • Larsen & Toubro (L&T)
    • Power Grid Corporation
    • NTPC
    • ONGC
    • Hero MotoCorp
  • Top Losers:
    • Titan Company
    • Trent
    • HDFC Life
    • UltraTech Cement
    • Mahindra & Mahindra (M&M)

Market Drivers

A combination of domestic strength and cautious optimism from global investors contributed to the market’s rally. Some key drivers include:

  • Stable global crude oil prices, aiding oil importers and energy-linked stocks.
  • Foreign institutional investments (FII) inflows amid a weaker US dollar.
  • Expectations of strong Q4 earnings from large-cap companies.
  • Improved macroeconomic indicators, including steady inflation and industrial output.

Global Market Influence

Asian markets were mixed, with Nikkei 225 showing marginal gains while Hang Seng traded lower. Wall Street ended flat on Friday, but tech stocks showed strength, which influenced Indian IT counters early in the day.

Investor Outlook

Experts advise maintaining a watchful yet optimistic stance, as volatility may return later in the week due to global macroeconomic data releases. Key focus areas will include US Fed commentary, oil price movements, and India's fiscal outlook.

Disclaimer: This article is based on publicly available information from various online sources. We do not claim absolute accuracy or completeness. Readers are advised to cross-check facts independently before forming conclusions.

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