Market Holding The levels(06 March 2025)

 

 


On Thursday, March 6, 2025, Indian equity markets closed on a positive note. The BSE Sensex surged by 610 points (0.83%) to close at 74,340.09, while the Nifty 50 gained 207 points (0.93%), ending at 22,544.70.

Sector Performance:

  • Metals: Stocks like Tata Steel saw significant gains, with Tata Steel's shares increasing by 3%.
  • Oil & Gas: Companies such as Castrol India experienced notable increases, with Castrol India's shares rising by 11% amid reports of a potential bid for BP’s Castrol business.
  • Pharmaceuticals: Dr. Reddy's Laboratories outperformed the market, with its shares rising by 1.22% to 1,140.10 Indian rupees.

Notable Stock Movements:

  • Asian Paints: Shares climbed by 4.78%, contributing positively to the market's performance.
  • NTPC: Shares increased by 3.59%, closing at 337.90 Indian rupees.

Broader Market: The Nifty Midcap 100 rose by 0.37% to 49,348, and the Nifty Smallcap 100 surged by 1.32% to 15,400, indicating widespread positive sentiment across various market segments.

Overall, the market was buoyed by favorable global cues, a weakening US dollar, and falling crude oil prices, contributing to the day's gains

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