Date: 17-mar-2025
The Indian stock markets closed on a strong note on March 17, 2025, with both the Sensex and Nifty 50 registering gains amid positive global cues and sectoral strength. Banking and pharma stocks contributed to the rally, while auto stocks remained stable.
Banking stocks saw renewed buying interest, with IndusInd Bank, ICICI Bank, and SBI registering gains. Nifty Bank index rose by 315 points, driven by expectations of strong Q4 earnings.
Pharmaceutical stocks outperformed, with Dr. Reddy’s Laboratories and Granules India leading the rally as investors sought defensive bets amid global uncertainties.
The Nifty Auto index traded flat, while IT stocks remained under pressure as investors awaited clarity on global tech spending trends.
Positive momentum in Asian and U.S. markets contributed to the rally in Indian equities. Wall Street’s overnight gains and China’s new economic stimulus measures boosted investor confidence.
The Indian stock market maintained its positive momentum, with strong buying in banking and pharma sectors. Investors should watch for upcoming economic data, global cues, and corporate earnings that may influence further market movement.
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Date: 17-Mar-2025
Uber is reportedly in early discussions to acquire BluSmart Mobility, India’s leading EV ride-hailing startup. However, BluSmart has denied the rumors.
Date: 18-Mar-2025
Uber is reportedly in early discussions to acquire BluSmart Mobility, India’s leading EV ride-hailing startup. However, BluSmart has denied the rumors.
04 Apr 2025