The domestic share market traded lower on Friday marking a volatile start to the new (April) series, as selling in auto and IT stocks persisted, weighed down by concerns over impending U.S. tariffs. At close, the Sensex was down 191.51 points or 0.25 percent at 77,414.92, and the Nifty was down 72.60 points or 0.31 percent at 23,519.35.
Tata Consumer, Kotak Mahindra bank, Apollo Hospitals, ONGC, ICICI Bank were the top gainers on the Nifty, while losers included Wipro, IndusInd Bank, Shriram Finance, Cipla, M&M.On the sectoral front,except FMCG, oil & gas, all other indices ended in the red with IT, auto, realty and Media down 1-2 percent. BSE Midcap index down 0.7 percent and Smallcap index was down 0.35 percent.
Market This Week:
●Market gains for 2nd consecutive week led by IT,
●Financials see healthy gains, Nifty Bank is up nearly 2%,
●Midcaps relatively underperform, midcap index flat for the week
For the week, BSE Sensex and Nifty50 indices rose more than 0.5 percent each and for the month both the indices added 6 percent each. For the Financial Year 2024-25, Sensex and Nifty surged 5 percent each, according to information.
The market will remain shut on Monday, March 31 on account of Id-Ul-Fitr (Ramzan Id).
Rupee Close:
On 28 March'25,the Indian rupee appreciated 25 paise to close at 85.49 against the U.S. dollar on Friday, logging the best monthly gain in more than six years, supported by a resurgence of foreign fund inflows. In March 2025, the local unit appreciated 2.17%, the maximum since November 2018 when the local unit had registered a gain of more than 5%, according to information.
(Business Correspondent)
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