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Date: 03-mar-2025 | By: Nuztrend Team
On March 3, 2025, the Indian stock market saw a mixed session with early optimism fading due to global trade concerns and sector-specific fluctuations. The BSE Sensex opened strong but reversed gains, while the NSE Nifty 50 closed with slight losses.
Reliance Industries faced a sharp 3.7% drop after its subsidiary, Reliance New Energy Ltd., missed a key deadline for its battery cell plant, leading to potential fines of ₹125 crore. This marked the stock’s worst single-day fall in five months.
After a seven-day decline, the Nifty IT Index gained 0.8%, driven by global IT growth forecasts, with Salesforce reporting positive earnings guidance.
The market sentiment was affected by ongoing global trade tensions, including new U.S. tariffs on imports from China, Mexico, and Canada. Investors are monitoring potential economic impacts.
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Date: 03-Mar-2025
Reliance Industries' stock dropped over 3% after its battery unit missed a key deadline, resulting in a potential ₹125 crore penalty. Investors are concerned about its impact on the company's growth.
Date: 04-Mar-2025
Indian markets opened lower on March 4, 2025, as Sensex fell 368 points and Nifty dropped 136 points. Global stocks declined after Donald Trump announced fresh tariffs on imports from Canada and Mexico.
