Finance
Stock Market LIVE Updates, Tuesday, March 11, 2025: Benchmark equity indices recovered on Tuesday, boosted by advances in Reliance Industries, ICICI Bank, and Bharti Airtel. Global markets fell over concerns about a future US recession.
The BSE Sensex began the day with a 371-point negative gap and quickly fell to 73,664. Following that, slowly and steadily purchasing interest arose, and the Sensex clawed its way back into positive territory, reaching a high of 74,187. The Sensex eventually closed at 74,102, down 13 points.
The NSE Nifty 50 index moved in a little over 200 point range, from a low of 22,315 to a high of 22,522, before settling with a 38-point gain at 22,498.
Among individual Sensex stocks, IndusInd firm fell 27% after the private banking lender disclosed that an internal investigation of its derivative portfolio uncovered irregularities, for which the firm estimated a Rs 1,577 crore, or around 2.35 percent, damage to its net worth.
Apart from that, Infosys, Bajaj Finserv, Mahindra & Mahindra, Zomato, Hindustan Unilever, Power Grid Corporation, and Axis Bank also experienced 1-2% declines. Sun Pharma and ICICI Bank, on the other hand, increased by about 2.5% apiece. Bharti Airtel, HCL Technologies, Maruti Suzuki, Titan, Larsen & Toubro, and Reliance Industries were the other big winners.
In the broader market, the BSE MidCap index rose 0.7%, while the SmallCap fell 0.7%. The overall breadth of the BSE was in favor of the bears, with 2,469 equities decreasing and 1,499 gaining.
Meanwhile, Morgan Stanley’s most recent study on Indian equities markets stated that the Sensex is expected to reach 105,000 by December 2025 as a bull-case scenario, and approximately 93,000 as a base case.
Source: BS
