Ira Singh 
The domestic share market gained on Tuesday, supported by buying in financial and metal stocks, as renewed confidence in China’s economic recovery lifted broader market sentiment.At close, the Sensex was up 1,131 points or 1.53 percent at 75,301.26, and the Nifty was up 325.55 points or 1.45 percent at 22,834.30. About 2715 shares advanced, 1153 shares declined, and 117 shares unchanged.
ICICI Bank, M&M, Shriram Finance, L&T, Tata Motors were the top gainers on the Nifty, while losers included Bajaj Finserv, Bharti Airtel, Tech Mahindra.On the sectoral front,All the sectoral indices ended in the green with capital goods, consumer durables, metal, power, realty, media index up 2-3 percent.BSE Midcap and smallcap indices rose more than 2 percent each.
Rupee Close:
On 18 Mar'25,the Indian rupee ended 23 paise higher at 86.56 per dollar on Tuesday against Monday's close of 86.79, according to information.
Expert Outlook:
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services reportedly quoted as saying,the market appears to have found a bottom, though the possibility of further corrections remains.Positive domestic indicators—such as a rebound in Q3 FY25 GDP growth to 6.2 percent, a 5.1 percent rise in IIP, a 16 percent jump in gross tax collections, a narrowing trade deficit, and CPI inflation easing to 3.6 percent—suggest a favourable macroeconomic backdrop. However, these tailwinds may not be strong enough to drive a sustained rally, given the looming risks from global tariff wars.
(Business Correspondent)
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