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Stock market benchmark indices rebounded in early trade on Thursday (March 27, 2025) after falling sharply in the previous session as continuous foreign fund inflows and buying in blue-chip Reliance Industries supported the recovery in equities.
The 30-share BSE benchmark Sensex climbed 202.83 points to 77,491.33 in early trade despite a weak opening. The NSE Nifty went up by 48.65 points to 23,535.50, recovering all the opening lost ground.
From the Sensex pack, Larsen & Toubro, Zomato, ICICI Bank, Axis Bank, NTPC, Titan, Power Grid and Reliance Industries were the biggest gainers.
Tata Motors tanked 5% after U.S. President Donald Trump announced he will impose 25% tariffs on imported cars.
Sun Pharma, Asian Paints, Mahindra & Mahindra, IndusInd Bank and Hindustan Unilever were also the laggards.
Foreign Institutional Investors (FIIs) bought equities worth ₹2,240.55 crore on Wednesday (March 26, 2025), according to exchange data.
In Asian markets, Shanghai and Hong Kong traded in the positive territory while Seoul and Tokyo quoted lower.
U.S. markets ended in the negative territory on Wednesday (March 26, 2025).
“The market has turned cautious as the reciprocal tariff day approaches. Institutional activity suggests that while FIIs are not overly concerned about tariffs, DIIs (Domestic Institutional Investors) are taking a cautious stance. Mr. Trump’s latest decision to impose a 25% duty on all car imports to the U.S. will impact Tata Motors which exports a significant chunk of JLR cars to the U.S.,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments, said.
Global oil benchmark Brent crude traded 0.07% up at $73.84 a barrel.
The BSE benchmark gauge tanked 728.69 points or 0.93% to settle at 77,288.50 on Wednesday (March 26, 2025). The Nifty dropped 181.80 points or 0.77% to 23,486.85.
Published – March 27, 2025 11:52 am IST
