Published on: March 5, 2025
The Indian stock market witnessed strong buying interest on Wednesday, with the Nifty 50 climbing 254.65 points to close at 22,337.30 and the BSE Sensex surging 740.30 points to settle at 73,730.23. Several high-value stocks saw significant trading activity, with BSE Ltd. (₹4,588.27 crore), Coforge (₹2,660.03 crore), and HDFC Bank (₹1,830.27 crore) leading in terms of turnover on the National Stock Exchange.
Among the top Nifty gainers, Adani Ports & SEZ surged 5.18%, followed by Tata Steel (4.86%), Adani Enterprises (4.72%), Mahindra & Mahindra (4.34%), and Power Grid Corp. (4.10%). On the flip side, Bajaj Finance was the biggest laggard, declining 3.35%, while IndusInd Bank (-1.60%), HDFC Bank (-1.17%), Shriram Finance (-0.26%), and Grasim Industries (-0.13%) also closed in the red.
The market's upward momentum was driven by strong sectoral performance, particularly in metal, power, and infrastructure stocks. Investors are now looking ahead to domestic economic indicators and global cues to determine the sustainability of this rally.
Published on: March 5, 2025
The Indian stock market saw a strong rebound on Wednesday, with the Nifty 50 rising 254.65 points (1.15%) to close at 22,337.30, while the BSE Sensex gained 740.30 points (1.01%) to end at 73,730.31. All 12 sectoral indices on the NSE closed with gains, led by Nifty Metal and Media, which surged 4.07% and 3.08%, respectively.
Adani Ports & Special Economic Zone Ltd. emerged as the top gainer on the Nifty, climbing 5.11% to close at ₹1,112. Tata Steel also performed strongly, ending 4.9% higher at ₹146.49. Other notable gainers included Adani Enterprises (up over 5%), Mahindra & Mahindra (4.73%), and Power Grid Corp. (5.20%).
On the downside, Bajaj Finance was the worst performer, falling 3.37% to ₹8,297 after an intraday decline of 4.25%. IndusInd Bank followed, slipping 1.72% to ₹970. HDFC Bank, Shriram Finance, and Grasim Industries also ended lower.
The broad-based recovery was driven by strong buying interest in metals, infrastructure, and media stocks, with investors focusing on attractive valuations after recent corrections. Market participants will now keep an eye on global trends and key domestic economic indicators to gauge the sustainability of the rally.
Published on: March 5, 2025
The Indian stock market staged a sharp recovery on Wednesday, breaking a 10-day losing streak as the Sensex surged 740 points to close at 73,730.23, while the Nifty 50 climbed over 1% to end at 22,337. Investors shrugged off global concerns, fueling a broad-based rally across all sectors.
PSU, telecom, metal, and power stocks led the gains, each rising around 3%, while midcap and smallcap indices rebounded sharply by 2.5%. The recovery was driven by short-covering, attractive valuations, and stable global market cues.
Top gainers included Bharat Electronics, M&M, Tata Steel, and Indus Towers, while Bajaj Finance, HDFC Bank, Grasim Industries, and Shriram Finance faced mild selling pressure. Analysts believe the market's ability to hold key support levels signals renewed buying interest, with institutional participation and strength in domestic sectors potentially driving further upside.
Investors will now turn their focus to upcoming domestic economic data and global trends to gauge the sustainability of this rally.
Published on: March 4, 2025
The BSE Auto index fell 1.6% to a 52-week low of 45,289.26 on Tuesday as auto stocks remained under pressure due to muted February 2025 wholesale volumes across most segments except tractors. By 2:09 PM, the BSE Sensex was down 0.16% at 72,967.
Key Auto Stock Declines:
📉 Bajaj Auto (-5% at ₹7,324.60)
📉 Hero MotoCorp (-4% at ₹3,495.15)
📉 Balkrishna Industries, Apollo Tyres, Eicher Motors, Ashok Leyland, TVS Motor, and MRF fell 2-3%
📊 Sector Performance:
>Past 1 month: Auto index down 14% vs Sensex -7%
>Past 6 months: Auto index down 22% vs Sensex -11%
>From all-time high (Sept 27, 2024): Auto index down 27%
Segment-Wise Performance & Analyst Insights:
✔ Tractors led the sector, posting positive wholesale volume growth.
✔ Passenger Vehicle (PV) sales grew slightly, supported by channel filling.
✔ Two-Wheeler (2W) sales fell, as demand softened post-festive season.
✔ Commercial Vehicle (CV) demand remained weak, though analysts expect a gradual recovery driven by higher government capex and infrastructure development.
📌 Brokerage Views:
🔹 Axis Securities expects near-term consolidation but remains bullish on:
>TVS Motors & Hero MotoCorp (2W segment)
>M&M (PV/LCV/Tractor segment) & Maruti (PV segment)
>Ashok Leyland & Eicher Motors (CV segment) for long-term growth
🔹 InCred Equities retained a ‘Neutral’ sector rating, noting that the auto index has sharply underperformed the Nifty 50. However, it sees demand
recovery signs as interest rates ease and disposable incomes rise due to recent tax cuts.
🔹 JM Financial remains positive on tractors, citing strong Rabi sowing, government support, and a bumper harvest.
Market Outlook:
While auto stocks face near-term pressure, analysts believe gradual demand recovery, policy support, and improved financial conditions could drive a long-term sector rebound.
Published on: March 4, 2025
The BSE Auto index hit a 52-week low of 45,289.26, falling 1.6% in intra-day trade on Tuesday, as auto stocks came under pressure due to weak February 2025 wholesale volumes across most segments except tractors. By 2:09 PM, the BSE Sensex was down 0.16% at 72,967.
Auto Stocks Under Pressure:
📉 Biggest Decliners:
>Bajaj Auto (-5% at ₹7,324.60)
>Hero MotoCorp (-4% at ₹3,495.15)
>Balkrishna Industries, Apollo Tyres, Eicher Motors, Ashok Leyland, TVS Motor, and MRF (down 2-3%)
📊 Sector Performance:
>Last 1 month: BSE Auto index down 14% vs Sensex -7%
>Last 6 months: BSE Auto index down 22% vs Sensex -11%
>From all-time high (Sept 27, 2024): Down 27%
Auto Sector Trends & Analyst Insights:
✔ Tractor sales remained strong, supported by higher Rabi sowing and government policies.
✔ Passenger vehicle (PV) sales saw low-single-digit YoY growth, driven by channel filling.
✔ Two-wheeler (2W) sales declined, reflecting post-festive demand moderation.
✔ Commercial vehicle (CV) demand remained weak, with hopes of a gradual recovery driven by higher government capex and infrastructure expansion.
📌 Brokerage Views:
🔍 Axis Securities expects sector consolidation in the near term but remains bullish on:
>TVS Motors & Hero MotoCorp (2W segment)
>M&M (PV/LCV/Tractor segment), followed by Maruti (PV segment)
>Ashok Leyland & Eicher Motors (CV segment) for long-term growth
📉 InCred Equities retained a ‘Neutral’ sector rating, citing sharp underperformance of the auto index versus Nifty 50. However, it sees demand recovery signs as interest rates ease and disposable incomes rise due to recent tax cuts.
📈 JM Financial sees continued strength in tractors, with positive near-term momentum from government support and a strong Rabi harvest.
Market Outlook:
While auto stocks remain under pressure, analysts believe that gradual demand recovery, policy support, and easing financial conditions could drive a long-term turnaround in the sector.
Published on: March 4, 2025
The BSE Auto index hit a 52-week low of 45,289.26, falling 1.6% in intra-day trade on Tuesday, as weak February 2025 wholesale volumes weighed on sentiment. At 2:09 PM, the BSE Sensex was down 0.16% at 72,967, reflecting broader market weakness.
Major Auto Stock Declines:
🚗 Bajaj Auto (-5% at ₹7,324.60)
🏍 Hero MotoCorp (-4% at ₹3,495.15)
🔻 Other Decliners: Balkrishna Industries, Apollo Tyres, Eicher Motors, Ashok Leyland, TVS Motor Company, and MRF (down 2-3%).
📉 Auto Index Underperformance:
>Past 1 month: -14% vs Sensex -7%
>Past 6 months: -22% vs Sensex -11%
>From all-time high (Sept 27, 2024): -27%
February Auto Sales Trends & Analyst Insights:
📌 Tractors stood out, posting positive growth, while passenger vehicle (PV) sales grew slightly, driven by channel filling.
📌 Two-wheeler (2W) sales declined, as demand softened post-festive season.
📌 Commercial vehicle (CV) demand remained weak across most sub-segments.
🔍 Axis Securities expects sector consolidation in the near term but remains positive on:
✔ TVS Motors & Hero MotoCorp (2W segment)
✔ M&M (PV/LCV/Tractor), followed by Maruti (PV segment)
✔ Ashok Leyland & Eicher Motors (CV segment) for long-term growth
📊 Brokerage Views:
>InCred Equities maintained a ‘Neutral’ sector rating, noting that the auto index’s underperformance vs Nifty 50 was sharper than expected. However, it sees demand recovery signs with easing interest rates and increased disposable incomes from recent income-tax cuts.
>JM Financial remains bullish on tractors, citing higher Rabi sowing, strong reservoir levels, and continued government support.
>CV segment recovery is expected to be gradual, driven by higher government capital expenditure (capex) and infrastructure growth.
Despite the sharp correction in auto stocks, analysts see long-term growth potential, particularly for companies with strong exports, new product launches, and exposure to government-driven infrastructure projects.
Published on: March 4, 2025
BSE Ltd shares surged 4.7% in intra-day trading on Tuesday, snapping a six-session losing streak that saw the stock drop 27% amid legal uncertainties and regulatory concerns. The stock hit a high of ₹4,562.90 but remains under pressure, having lost 3% in March and 12.6% in February.
Legal Troubles & BSE’s Response:
The sharp sell-off was triggered by a Mumbai court’s directive to file an FIR against former SEBI chairperson Madhabi Puri Buch and two BSE officials over alleged irregularities in granting listing permissions to Cals Refineries Ltd in 1994.
>BSE refuted the allegations, calling them "frivolous and vexatious" and stated that the accused officials were not in their positions at the time of the alleged violations.
>SEBI also defended its officials, stating that the applicant has a history of filing frivolous lawsuits and confirmed plans to challenge the court’s order.
Regulatory Concerns & Brokerage Downgrades:
Adding to the volatility, Goldman Sachs lowered its target price for BSE from ₹5,650 to ₹4,880, citing risks from SEBI’s proposed regulatory changes on proprietary trading.
>SEBI’s new regulations could reduce trading volumes in index options, impacting nearly 70% of BSE’s daily turnover.
>HDFC Securities adjusted its BSE estimates, lowering notional turnover projections by 40% for FY26E, while raising premium realization estimates by 70%, leading to an 18% EPS upgrade.
>Motilal Oswal noted that BSE’s regulatory costs and clearing expenses are tied to notional turnover, which may further impact financials.
Stock Performance & Long-Term Gains:
>BSE has gained 101% in the past year and 3,261.99% over five years, making it a multibagger stock.
>However, the stock has corrected 25% from its peak of ₹6,133.40 (Jan 20, 2025).
Despite Tuesday’s rebound, BSE’s stock remains under pressure due to ongoing legal challenges and SEBI’s evolving regulatory framework. Investors will closely monitor developments in BSE’s legal battle and SEBI’s stance on proprietary trading norms for further clarity on the stock’s trajectory.
Published on: March 4, 2025
In a historic step toward India's net-zero emissions goal by 2070, Tata Motors has launched the country’s first-ever trials of hydrogen-powered heavy-duty trucks. The 24-month trial, funded by the Ministry of New and Renewable Energy (MNRE) under the National Green Hydrogen Mission, aims to assess the commercial viability of hydrogen internal combustion engine (H2-ICE) and fuel cell electric vehicle (H2-FCEV) technologies for long-haul transportation.
These 16 hydrogen-powered trucks will be deployed on major freight corridors, including Mumbai, Pune, Delhi-NCR, Surat, Vadodara, Jamshedpur, and Kalinganagar.
🚀 Union Minister Nitin Gadkari, while flagging off the trial, stated: "Hydrogen is the fuel of the future, with immense potential to transform India’s transportation sector by reducing emissions and boosting energy self-reliance."
Key Highlights of the Hydrogen Truck Trials:
>First-of-its-kind hydrogen-powered truck trials in India
>Technologies Used: Hydrogen Internal Combustion Engine (H2-ICE) & Fuel Cell Electric Vehicle (H2-FCEV)
>Trial Locations: India’s major freight routes
>Operational Range: 300-500 km per refuel
>Featured Models:
.Tata Prima H.55S (H2-ICE & FCEV models)
.Tata Prima H.28 (H2-ICE model)
Government & Industry Leaders Speak:
🔋 Girish Wagh, Executive Director, Tata Motors: "This trial marks a major step toward building future-ready, zero-emission mobility solutions for long-haul transport."
🌍 Pralhad Joshi, Minister of New and Renewable Energy: "This initiative showcases green hydrogen’s potential in decarbonizing India’s transportation sector, supporting energy independence and global climate goals."
The Road Ahead:
The successful implementation of these trials could pave the way for hydrogen-powered commercial vehicles, reducing India’s dependence on fossil fuels and accelerating the shift toward clean energy mobility. With its cutting-edge safety features and advanced driver-assist technology, Tata Motors' hydrogen trucks aim to set new standards in the industry and drive India’s sustainable transportation revolution.
Published on: March 4, 2025
Shares of Jupiter Wagons Ltd (JWL) jumped 6.12% to ₹301.3 on the NSE in intra-day trading on Tuesday, March 4, 2025, bucking the broader market weakness. The rally came after the company’s electric vehicle arm, Jupiter Electric Mobility (JEM), launched its flagship model, ‘JEM TEZ’, a next-gen electric light commercial vehicle (e-LCV) with a true range of 190+ km and 80kW peak motor power.
JEM also inaugurated a state-of-the-art EV manufacturing plant in Pithampur, Indore, spanning 2.5 acres, with a capacity of 8,000-10,000 e-LCVs annually. Managing Director Vivek Lohia revealed that the company aims for ₹100 crore in revenue in its first year, with a 2X year-on-year growth strategy, including product expansion.
Stock Performance & Market Trends:
📈 JWL’s Market Capitalization: ₹12,571.51 crore (as of March 4, 2025)
📌 52-Week High: ₹748.10 (July 5, 2024)
📌 52-Week Low: ₹270.05 (March 3, 2025)
📉 Stock Down 47% in Last Six Months; 20% Decline in One Year
At 12:09 PM, Jupiter Wagons shares were trading at ₹293.70, up 3.45% from the previous close of ₹283.90. Meanwhile, benchmark indices were in the red, with the BSE Sensex down 177 points at 72,908 and the Nifty 50 lower by 0.31% at 22,050.
About Jupiter Wagons:
JWL is a leading mobility solutions provider, manufacturing freight wagons, locomotives, commercial vehicles, and ISO marine containers. Its clients include Indian Railways, American Railroads, Tata Motors, GE, and Volvo Eicher Motors. With manufacturing units in Kolkata, Jamshedpur, Indore, Jabalpur, and Aurangabad, JWL caters to industries like transportation, logistics, defense, and energy.
Despite recent stock declines, Jupiter Wagons’ aggressive EV expansion and strong industry presence position it for long-term growth in India's evolving transportation sector.
Published on: March 4, 2025
After weeks of struggling near its 100-Week Moving Average (WMA), Reliance Industries Ltd (RIL) stock has resumed its downtrend, slipping 8.5% since January-end and 28.2% from its all-time high of ₹1,609 in July 2024.
On Tuesday, the stock traded at ₹1,167, marking a 15-month low. More importantly, RIL has now fallen below its super trend line support on the monthly chart for the first time in nearly 11 years, a critical indicator last breached in April 2014. A monthly close below ₹1,200 could signal the end of its decade-long uptrend.
Adding to the negative sentiment, Reliance disclosed that the Ministry of Petroleum and Natural Gas has issued a $2.81 billion demand against the company and its consortium partners BP Exploration (Alpha) and NIKO (NECO) over a gas migration dispute from ONGC’s blocks to KG-D6.
Technical Outlook & Key Levels:
📉 Current Price: ₹1,167
⚠ Downside Risk: 19.9%
✅ Support Levels: ₹1,135 | ₹1,107 | ₹1,000
🚨 Resistance Levels: ₹1,175 | ₹1,260
>RIL is trading below all major moving averages, reinforcing the bearish outlook.
>If it fails to reclaim ₹1,175 in the near term, further downside pressure is expected.
>A break below ₹1,065 (monthly Bollinger Band lower-end) could push the stock towards its 100-Month Moving Average (MMA) at ₹935, representing a potential 46-month low.
Market Implications:
With Reliance now trading at a critical inflection point, analysts caution that a failure to recover key resistance levels could extend the correction to a 4-year low in the coming months. Investors will closely monitor technical signals and regulatory developments for potential trend reversals.
Published on: March 4, 2025
Reliance Industries' electric vehicle (EV) battery unit has requested an extension from the Indian government to set up its manufacturing facility under the production-linked incentive (PLI) scheme, the company said on Tuesday. However, the duration of the extension sought and the reasons for the delay were not disclosed.
In March 2022, Reliance secured incentives under the ₹18,100 crore ($2.07 billion) PLI scheme to establish 5 gigawatts (GW) of local manufacturing capacity for advanced chemistry cells (ACCs). The scheme required companies to set up their facilities within two years, but Reliance has yet to meet this deadline.
Penalty & Government’s EV Push:
>The Ministry of Heavy Industries has imposed a penalty of ₹3.1 crore ($355,293) as of March 3, 2025, due to the delay.
>The PLI scheme aims to boost domestic battery production, aligning with India's target of 30% EV penetration in total car sales. Currently, EVs make up only about 2% of total car sales.
Reliance’s expansion into battery manufacturing is part of India’s larger goal to reduce import dependence and develop a robust EV ecosystem, but delays in execution pose challenges to meeting these ambitious targets.
Published on: March 4, 2025
The Nifty Auto index closed 1.31% lower at 20,269.2 on Tuesday, weighed down by losses in major auto and tyre stocks. Among the top laggards, Bajaj Auto (-4.95%), Hero MotoCorp (-3.2%), MRF (-2.39%), Apollo Tyres (-2.23%), and Balkrishna Industries (-2.16%) saw sharp declines. Mahindra & Mahindra (M&M) was the only notable gainer, rising 0.06%.
The broader market also remained under pressure, with the NSE Nifty50 closing 36.65 points lower at 22,082.65 and the BSE Sensex declining 96.01 points to 72,989.93.
Market Highlights:
📉 Key Nifty Auto Losers:
>Bajaj Auto (-4.95%)
>Hero MotoCorp (-3.2%)
>MRF (-2.39%)
>Apollo Tyres (-2.23%)
>Balkrishna Industries (-2.16%)
📊 Overall Market Performance:
>23 Nifty stocks ended in the green, while 27 closed in the red.
>Most traded stocks on NSE: Vodafone Idea, YES Bank, Suzlon Energy, Jio Financial Services, IRFC.
✅ 52-Week Highs:
>TCPL Packaging, Reliance Naval & Engg, Bohra Industries, Laxmi Goldorna House, Norben Tea Exp.
🚨 52-Week Lows:
>Gensol Engg, Capital Infra Trust, International Gemmol, Fino Payments Bank, Stampede Cap.
The decline in auto stocks contributed to the broader market weakness, as investors remained cautious amid global uncertainties and FII outflows. Market participants will be closely watching auto sales trends and regulatory developments for further cues.
Published on: March 4, 2025
Welcome to the Cipla Stock Liveblog, your go-to resource for real-time updates and in-depth analysis on one of India’s leading pharmaceutical stocks. Stay ahead with the latest stock performance details, including:
📌 Last Traded Price: ₹1,401.8
📌 Market Capitalization: ₹1,13,417.28 crore
📌 Volume: 1,456,530 shares
📌 Price-to-Earnings (P/E) Ratio: 22.69
📌 Earnings Per Share (EPS): ₹61.78
Our coverage combines fundamental and technical indicators, offering a comprehensive view of Cipla’s stock movement. Keep track of breaking news, expert insights, and market trends that can impact Cipla’s trajectory.
Updated as of 06:30:55 PM IST, March 4, 2025, this liveblog ensures you stay informed with expert recommendations and financial strategies to help you make smart investment decisions. Join us as we analyze Cipla’s potential and market outlook in real time!
Published on: March 4, 2025
The Indian stock market closed in the red on Tuesday, with the NSE Nifty50 falling 36.65 points to 22,082.65 and the BSE Sensex declining 96.01 points to 72,989.93. Sugar stocks saw mixed performance, with several companies posting gains, while a few ended in the red.
Sugar Sector Performance:
📈 Top Gainers:
✔ Rana Sugars Ltd. (+4.06%)
✔ Avadh Sugar & Energy Ltd. (+3.47%)
✔ Vishwaraj Sugar Industries Ltd. (+3.37%)
✔ KM Sugar Mills Ltd. (+3.29%)
✔ Magadh Sugar & Energy Ltd. (+2.54%)
📉 Top Losers:
>Ugar Sugar Works Ltd. (-1.79%)
>Balrampur Chini Mills Ltd. (-0.98%)
>Triveni Engineering & Industries Ltd. (-0.28%)
>Dalmia Bharat Sugar & Industries Ltd. (-0.26%)
Broader Market Highlights:
✅ Top Nifty Gainers:
>Bharat Petroleum Corp. Ltd. (+3.1%)
>State Bank of India (+2.99%)
>Bharat Electronics Ltd. (+2.85%)
>Adani Enterprises Ltd. (+1.31%)
>Tata Consultancy Services Ltd. (+1.12%)
🚨 Top Nifty Losers:
>Bajaj Auto Ltd. (-4.95%)
>Hero MotoCorp Ltd. (-3.2%)
>Bajaj Finserv Ltd. (-2.63%)
>HCL Technologies Ltd. (-2.35%)
>Eicher Motors Ltd. (-1.87%)
Despite gains in select sugar and energy stocks, auto and IT sectors weighed on market sentiment, keeping indices under pressure. Investors remain cautious amid global uncertainties and continued foreign institutional investor (FII) selling.
Published on: March 4, 2025
The Indian rupee opened flat at 87.36 against the US dollar on Tuesday, amid escalating global trade tensions and continued foreign institutional investor (FII) outflows. The rupee had closed at the same level on Monday, according to Bloomberg data.
Market sentiment remains cautious after US President Donald Trump announced fresh tariffs on Canada and Mexico, while hiking China tariffs to 20%, fueling fears of further economic disruption.
Key Factors Influencing Rupee Movement:
📉 Global Developments:
>Crude oil prices remain low, with Brent at $71.22 per barrel (-0.56%) and WTI at $68.22 (-0.22%), as OPEC+ signals production revival.
>US dollar weakened, and US 10-year bond yields declined, helping rupee gain over 20 paise in the last session.
📊 FII Outflows & Market Pressure:
>Foreign investors have net sold ₹1.24 lakh crore worth of Indian equities in 2025, according to NSDL data, contributing to rupee weakness.
>Persistent selling in Indian stock markets is adding to currency pressure, with risk aversion driving demand for the dollar.
💡 Expert Insights & Trading Range:
>Amit Pabari, MD at CR Forex Advisors, expects the rupee to trade between 87.20-87.80, with 87.20 acting as strong support and 87.80 as resistance.
>Anil Kumar Bhansali, head of treasury at Finrex Treasury Advisors LLP, suggests a sell near 87.50 as stocks continue to fall, with the expected range between 87.20-87.60.
Despite some support from global factors, the rupee remains under pressure due to FII selling and prevailing liquidity concerns, keeping traders on alert for further volatility.