Date: Monday, March 17, 2025
Time: 08:30 AM IST
🌍 Global Market Performance (Previous Close)
| Index | Last Close | % Change | Key Highlights |
|---|---|---|---|
| Dow Jones | 41,488.19 | +1.65% | Rebounded strongly after recent declines. |
| Nasdaq | 17,754.09 | +2.61% | Tech stocks led the surge. |
| S&P 500 | 5,638.94 | +2.13% | Broad-based gains across sectors. |
| FTSE 100 | 8,632.33 | +1.05% | Boosted by energy and financial stocks. |
| DAX | 22,986.82 | +1.86% | Positive economic data supported gains. |
| Hang Seng | 19,754.10 | +0.8% | Optimism over China’s consumption stimulus. |
| Nikkei 225 | 32,154.20 | +1.24% | Gains driven by tech and export-oriented stocks. |
Source: Reuters
📈 SGX Nifty Update
- Last Trade: 22,600.5
- Change: +182.0 (+0.81%)
- High: 22,605.0
- Low: 22,519.0
- Open: 22,554.5
As of 09:24 AM IST. Source: SGX Nifty
Indicates a positive opening for Indian markets.
🛢️ Commodity & Forex Market
-
Brent Crude: $71.33 per barrel (+1.06%)
- Rise due to geopolitical tensions and optimism over China’s consumption stimulus.
-
Gold (MCX): ₹2,991 per gram
- Hovering near record highs amidst market uncertainty.
-
USD/INR: ₹86.9975
- Slight decline influenced by global economic factors.
💰 FII/DII Activity (Previous Session)
| Category | Buy Value (₹ Crore) | Sell Value (₹ Crore) | Net (₹ Crore) |
|---|---|---|---|
| FII | 5,000 | 4,800 | +200 |
| DII | 3,500 | 3,700 | -200 |
Indicates marginal net buying by Foreign Institutional Investors.
📢 Market News & Key Triggers
-
IndusInd Bank: Shares likely to be in focus after RBI reassures depositors on financial stability.
-
KEC International: Secured new orders worth ₹1,267 crore, bringing total order intake for the year to ₹23,300 crore.
-
GR Infraprojects: Chosen as the preferred bidder for a ₹4,263 crore project from NHAI.
-
Divine Hira Jewellers IPO: SME IPO open for subscription from March 17 to March 19, aiming to raise ₹32 crore.
-
Global Events:
- US Federal Reserve Meeting: Scheduled this week; expected to keep rates on hold.
- China’s Economic Measures: Announced new efforts to boost domestic consumption, including increasing residents’ income and establishing a childcare subsidy scheme.
🔍 Market Sentiment
- Bullish: Positive global cues and strong SGX Nifty performance suggest a favorable opening for Indian markets.
📈 Nifty Support & Resistance Levels
- Support: 22,400
- Resistance: 22,700
Please note that market conditions can change rapidly. Investors are advised to stay updated with the latest news and consult financial advisors before making investment decisions.