Stock Market Live Updates | Gift Nifty Indicates Positive Opening; Nifty May Trade Between 22,350-22,800

 3:40 PM IST

Closing Bell | Sensex jumped 1,131 points | Nifty surpassed 22,800

The Sensex surged 1,131 points, while the Nifty crossed 22,800, driven by bullish market sentiment. The rupee strengthened to a three-week high of 86.54/USD, supported by strong inflows and a softer dollar, marking a 0.8% gain this month. The dollar index eased to 103.3. Top Nifty gainers included Mobikwik Systems, Raymond, and Triveni Turbine, while Castrol India and Nupur Recyclers saw declines. The market reflected optimism as investors responded to favourable economic indicators and global currency movements.

 2:40 PM IST

Stock Market LIVE Update | Sensex jumped 950 points | Nifty crossing 22,750.

Sensex surged 950 points, with Nifty crossing 22,750. German stocks led European gains, rising 0.7% as investors awaited a €500 billion stimulus vote. Warren Buffett's net worth soared by $21 billion as Berkshire Hathaway hit record highs, now holding $325 billion in cash. Hong Kong’s Hang Seng Index surged 2.5% to a three-year high, driven by tech gains, with Baidu up 12.2%. Strong economic data and China’s stimulus bolstered investor confidence, making Hang Seng the best-performing global index in 2025.

 1:30 PM IST

Stock Market LIVE Update | Sensex jumps 850 points | Nifty surpasses 22,750

The Sensex surged 850 points, with the Nifty crossing 22,750, though a broader rally depends on FPI inflows and economic growth. Nilesh Shah expects strong performance from defence firms with global reach. Gold prices hit a record Rs.88,488 per 10 grams on MCX, surpassing $3,000 per ounce globally, driven by a weaker US dollar and geopolitical concerns. Gold’s market cap exceeded $20 trillion for the first time. Meanwhile, Engineers India secured a Rs.253 crore order, boosting its project pipeline.

 12:30 PM IST

Stock Market LIVE Update | Sensex jumps 900 points | Nifty surpasses 22,750

Indian stock markets extended their rally on Tuesday, with the Sensex surging 900 points and Nifty trading above 22,750. Financials and metals led the gains, supported by global cues and domestic strength. Prince Pipes and Fittings shares gained 4% despite a Rs.26.5 crore tax demand notice. Among top gainers, HP Adhesives rose 15.98%, while Ratnamani Metals jumped 10.18%. Castrol India led the losers, declining 6.09%. The positive sentiment was driven by technical resilience and economic optimism.

 11:40 AM IST

Stock Market LIVE Update | Sensex surged 850 points | Nifty crossed 22,750

The Sensex surged over 850 points, while the Nifty crossed 22,750, as investors closely tracked the US Federal Reserve’s March 18-19 meeting. Foreign Institutional Investors have withdrawn over $17 billion from Indian equities in 2025, awaiting potential policy shifts. Insolation Energy secured a Letter of Award from RREC for a rooftop solar project and a purchase order from Teerth Gopicon for SPV modules, adding Rs.372 crore in revenue. The total market capitalization of BSE-listed firms increased by Rs.4.03 lakh crore to Rs.397.20 lakh crore.

 10:40 AM IST  

Stock Market LIVE Update | Sensex jumped over 850 points | taking Nifty past 22,750  

Sensex surged over 850 points, pushing Nifty beyond 22,750, with investors gaining Rs.4 lakh crore as market capitalisation hit Rs.397.20 lakh crore. Indian bond yields remained steady ahead of a state debt auction, with the 10-year yield at 6.6932%. Bajaj Finserv acquired Allianz’s 26% stake in its insurance arms for Rs.23,780 crore and Rs.10,400 crore. BYD’s shares soared after unveiling a five-minute EV charging system. Fitch Ratings lowered rating headroom for JSW Steel and Tata Steel due to China’s impact on steel prices.

 10:20 AM IST  

Stock Market LIVE Update | Sensex jumps 800 points | Nifty crosses 22,700  

Indian markets surged on Tuesday, with Sensex rising 800 points and Nifty crossing 22,700, driven by positive Asian market cues and optimism over China’s economy. However, investor caution persisted due to U.S. tariff concerns and the Federal Reserve’s upcoming interest rate decision. ICICI Bank and Hindalco gained over 2%, while IRCON soared 8% after securing a Rs.1,096 crore contract. Paytm rose over 3% as SEBI approved Paytm Money Limited as a research analyst.

 9:30 AM IST  

Stock Market LIVE Update | Sensex climbs 550 points | Nifty crosses 22,650  

The Sensex surged 550 points, with the Nifty crossing 22,650. Paytm shares rose over 3% after SEBI approved Paytm Money as a research analyst. Bajaj Finserv fell 1% following the acquisition of Allianz’s 26% stake in Bajaj Allianz. IndusInd Bank gained over 1% after Moody’s affirmed its Ba1 rating and the bank raised Rs.11,000 crore via certificates of deposit. NMDC, ITC, and Ircon International were among the top movers in morning trade, with Ircon gaining 6.56%.

GIFT NIFTY: Gift Nifty suggests a positive opening for the Indian market amid positive global cues. We expect Nifty spot to trade in the range of 22,350-22,800.  

INDIA VIX: 13.42 | +0.14 (1.02%) ↑ today

Latest Market News

1. Sammaan Capital: S&P global ratings has upgraded Sammaan Capital Limited’s long-term [international] credit rating to B+ with a stable outlook from B with a positive outlook.

2. Motherson Sumi Wiring: Board meets on 21 March to consider stock split.

3. ⁠INDUSIND BANK: Moody's Ratings affirms IndusInd's ratings; places baseline credit assessment ( BCA) on review for downgrade.

4. ⁠IRCON wins Rs. 285 Cr. order. 

5. ⁠Tata Motors: The Company has incorporated a WOS, viz ”Tata Motors Digital.AI Labs Limited. Incorporated Entity To engage In IT segment.

6. ⁠Manappuram Fin board to meet on March 20 to consider fundraising proposals, to consider fundraising via the issuance of securities (shares, warrants or debt)

7. ⁠FIIs net sell ₹4,488.45 crore while DIIs net buy ₹6,000.60 crore in equities yesterday(provisional).

In-Depth Market Insights: Global Outlook, Derivatives & More

Other Asset Classes 

1. Treasury Yields: 

   • The benchmark 10-year Treasury yield fell on Monday. The 10-year Treasury note yield was down less than one basis point at 4.299%.

2. Currency: 

   • The US Dollar Index Futures was down 0.35% at 103.00.

3. Commodities:

   • Gold prices were steady on Monday, sitting around the $3,000 mark that was finally broken last week, with the focus on trade tariffs and the U.S. Federal Reserve’s policy meeting. Spot gold added 0.4% to $2,997.51 an ounce, having hit a record high of $3,004.86 on Friday.

   • Global benchmark Brent gained 0.69%, settling at $71.07 per barrel in yesterday's session.

Asian Markets 

1. General Trends:

   • Asia-Pacific markets rose on Tuesday, tracking gains on Wall Street, which ticked up after U.S. retail sales data appeared to ease recession concerns.

2. Specific Index Performance:

   • Investors will be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting on Tuesday. The central bank is widely expected to hold interest rates steady at 0.5% when the meeting concludes on Wednesday.

   • Japan’s benchmark Nikkei 225 started the day 1.34% higher, while the broader Topix index rose 1.26%.

   • Over in South Korea, the Kospi index advanced 0.76% at the open while the small-cap Kosdaq added 0.38%.

India Market Outlook 

1. Market in Previous Session:

   • Indian equity indices wrapped up the trading session on a bullish note on March 17, with the Nifty closing above the psychological barrier of 22,500. Market participants are keenly eyeing the forthcoming FED and BOJ policy meetings, with consensus gravitating toward a status quo approach amid inflationary pressures driven by tariff-related uncertainties.

   • Sensex surged 341 points, or 0.46%, to close at 74,169.95, while the Nifty 50 climbed 111 points, or 0.50%, to settle at 22,508.75.

   • Sector-wise, auto, banking, metal, power, and pharma indices gained between 0.5-1.5%, whereas the realty and media indices shed 0.5% each.

   • The BSE Midcap index rose by 0.77%, while the Small-cap index ended flat.

TRADE SETUP FOR MAR 18 

1. Nifty Short-Term Outlook:

   • Nifty snapped its two sessions decline to close higher by 0.5%. It has formed a bullish piercing line candle signaling buying demand near the 50% retracement level of the previous up move (21,965-22676).

   • As mentioned in the earlier edition, the index has taken 4 sessions to retrace just 50% of the preceding 4 sessions up move (21965-22676) a shallow retracement signaling strength and a higher bottom formation. We expect the index to extend Monday's upmove and head towards 22,700 and 23,000 levels in the coming sessions.

   • Immediate support is placed at 22,200-22,300, sustaining above the same will keep the current pullback trend intact.

   • The daily 14 periods RSI is rebounding, taking support at its nine periods average thus validates positive bias in the index. 

2. Intraday Levels:

   • Nifty: Intraday resistance is at 22,680 followed by 22,770 levels. Conversely, downside support is located at 22,430, followed by 22,350.

   • Bank Nifty: Intraday resistance is positioned at 48,600, followed by 48,950, while downside support is found at 48,210, followed by 48,000.

Derivative Market Analysis 

1. Nifty:

   • The highest put OI addition has been noted at the 22,500 level, followed by 22,300, which will serve as critical support for Nifty.

   • On the other hand, immediate call OI is noted at the 22,700 and 22,800 levels, which will act as resistance. Surpassing and sustaining above 22,800 could trigger short covering.

   • The participation of put writers, along with call writers unwinding their positions, suggests a positive data point.

   • According to the option chain, the deciding range for Nifty is between 22,300 and 22,800. A breakout or breakdown beyond this range will trigger directional movement.

   • Nifty's put-call ratio increased by 0.03 and is now positioned at 1.05.

2. Bank Nifty:

   • Put writing has been observed across the 48,300, 48,400, and 48,500 strike levels, suggesting multiple support zones and a positive outlook for Bank Nifty.

   • The highest call OI is noted at the 49,000 level, while immediate call OI is placed at 48,500. Surpassing and sustaining above this level will trigger short covering.

   • Call writers have unwound their positions across strikes from 48,000 to 48,500, indicating a cautious stance on the upside.

   • The broader range for Bank Nifty is between 47,000 and 49,000.

   • Bank Nifty's put-call ratio increased by 0.09 and is now positioned at 1.03.

US Share Market News 

1. Performance Overview:

   • The S&P 500 jumped on Monday, as investors awaited the start of the Federal Reserve's meeting and the Nvidia's annual conference for further insight into AI demand.  

2. Sector-Specific Movements:

   • The S&P 500 rose 0.6% to 5,675 points on Monday, while the NASDAQ Composite rose 0.3% to 17,808 points. The Dow Jones Industrial Average rose 0.9% to 41,841.

   • U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the first quarter, though at a moderate pace as tariffs on imports and mass firings of federal government workers weigh on sentiment.

3. Economic Indicators:

• Investors were focused squarely on a two-day Fed meeting- which begins on Tuesday- for more cues on the economy and interest rates. The central bank is widely expected to keep rates unchanged.

Stay on top of the latest market news with Bajaj Broking’s insights. Our point-to-point expert analysis digs deep into the surface, empowering you with a unique perspective on domestic and global stock market events. Get all the current share market news, including US share market updates and the trade set up for today, in one place to make wise investment decisions.
 

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