STOCK MARKET NEWS( 12 MARCH 2025) INDIAN STOCK MARKET

 


On March 12, 2025, Indian equity markets ended with marginal losses amid volatility, primarily due to significant selling pressure in Information Technology (IT) stocks. The BSE Sensex closed at 74,029.76, down by 72.56 points (0.10%), while the Nifty 50 ended at 22,497.90, a decrease of 27.4 points (0.12%).


Sector Performance:

  • IT Sector: Major IT companies faced substantial declines, with Infosys falling by 4.26%, Wipro by 3.31%, Tech Mahindra by 2.77%, and Tata Consultancy Services (TCS) by 1.93%.

  • Banking Sector: Private banks showed resilience. IndusInd Bank surged by 4.38%, Tata Motors increased by 3.12%, and Kotak Mahindra Bank rose by 2.45%.


Mutual Fund Inflows:

Equity mutual fund inflows declined by 26% month-on-month in February, totaling ₹29,303 crore. This marks the lowest inflow since April 2024, influenced by investor caution amid market volatility.


Banking Sector Concerns:

IndusInd Bank reported a significant accounting discrepancy in its currency derivatives booking, impacting earnings by approximately $175 million. This revelation caused the bank's shares to plummet by 27%, raising concerns about financial transparency within the sector.


Market Capitalization Decline:

Over the past four months, the Indian stock market has experienced a dramatic fall, with the BSE Sensex and Nifty50 losing over $1 trillion in market value. This decline has reduced India's share of global market capitalization from over 4% to nearly 3%.


Outlook:

Despite recent challenges, analysts suggest potential opportunities in select sectors. For instance, Macquarie Research identifies three favorable catalysts for Reliance Industries, anticipating up to a 20% upside in its stock price.



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