STOCK MARKET NEWS( 13 MARCH 2025) INDIAN STOCK MARKET
On March 13, 2025, Indian equity markets closed with modest declines amid mixed global cues and persistent economic challenges.
Market Performance:
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Sensex: The BSE Sensex ended at 73,828.91, down by 201 points (0.27%).
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Nifty 50: The NSE Nifty 50 closed at 22,397.20, a decrease of 73 points (0.33%).
Sectoral Highlights:
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Midcap and Smallcap Indices: Both indices rose by 0.4%, indicating some investor interest in mid and small-cap stocks.
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Notable Stock Movements:
- Bharat Electronics: Shares increased by over 2%.
- Adani Green Energy: Stock rose by 3.5%.
- Mahanagar Telephone Nigam: Shares surged by 15% due to significant fundraising efforts.
Inflation and Economic Concerns:
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U.S. Inflation: Reports indicated moderate U.S. consumer price growth in February, contributing to global market stability.
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India's Retail Inflation: Fell below the Reserve Bank of India's 4% target, fueling hopes for potential rate cuts.
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Trade War Concerns: Ongoing global trade tensions, particularly U.S. threats of increased tariffs on Europe and Canada, continue to weigh on market sentiment.
Long-Term Outlook:
Despite recent market volatility, Morgan Stanley maintains a positive long-term outlook for Indian equities, citing favorable GDP projections, controlled inflation, and supportive monetary policies. The firm predicts a market recovery in 2025, though it acknowledges potential risks from global economic fluctuations.
Upcoming Market Closure:
Indian markets will remain closed on March 14, 2025, for the Holi festival. Trading will resume on March 17, 2025.
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