Stock Market Live: Nifty, Sensex Resume Rally After One-Day Blip; HDFC Bank, L&T Top Gainers

Auto stocks are under pressure on Thursday after the US President Trump imposed a 25% tariff on auto imports.

Nifty, Sensex reverse losses. (Image source: NDTV Profit)

On Thursday, Gift Nifty was trading below the 23,700-mark at 23,504, as it gained 11 points or 0.05% as of 07:26 a.m. Some stocks that may react to recent developments are BSE Ltd., One MobiKwik Systems Ltd. and Vedanta Ltd. among others. BSE, which is set to consider issuing bonus shares at its board meeting on March 30, may see some movement in its stock price.

Stock Market At Close: Indices End With Gains

Benchmark indices ended Thursday's trading session with gains.

  • Sensex closed the session 0.41% higher at 77,606.43

  • Nifty 50 closed the session 0.45% higher at 23,591.95

  • Nifty Bank, PSU Bank, Metal, FMCG, Oil and Gas, Realty, snaps 2 days losing streak

  • Nifty Pharma ends lower for the 3rd day.

  • Nifty Micap150 gains 0.4% for the day, led by Thermax, Hitachi Energy

  • Nifty PSU Bank emerged as top sectoral gainer for the day, led by Bank of Baroda, PNB.

  • Nifty Midcap 150, Smallcap 250 snaps two days losing streak.

Rupee Closes Weaker Against US Dollar 

  • Rupee weakened 7 paise to close at 85.78 against US dollar 

  • It ended at 85.71 a dollar on Wednesday

Source: Bloomberg

Stock Market Near Closing Bells

Benchmark indices near market close were trading higher. Nifty 50 was up 0.45% at 23,593.70 and Sensex was up 0.43% at 77,622.78

Careedge Ratings On Hospitality Industry 

  • To see 35% to 40% increase in bed capacity in 3-5 years vs FY24 levels

  • Current investment strategies of the industry aim to promote ongoing growth

  • Most expansion are brownfield projects; focus on operation & maintenance expansions

  • Players currently appear well-positioned to achieve profitable growth

  • Corp hospital chains to see a 10-12% YoY sales growth in FY25, FY26

  • Corp hospital chains to see a 5-6% rise in avg revenue/ occupied bed

  • Corp hospital chains to see a 100-200 basis point improvement

Adani Energy Share Price Surges 

The company is in pact with REC Power Development to acquire 100% stake in Mahan Transmission

MTL to evacuate 1,230 MW of power from Adani Power’s upcoming 1,600 MW expansion units at Mahan in Singrauli & feed into state grid

Source: Exchange filing

Stock Market Live: Most Sectors In Green

Near market close on Thursday, most sectors were trading green except Nifty Auto and Nifty Pharma. Nifty PSU bank was the top gainer.

Most Zen Technologies Share Price Rises

Zen Technologies share price rose 2.44% as the company received Rs 152 crore order for supply of integrated Air Defence combat simulator for L70 gun from Ministry Of Defence.

Blue Star Likely To Hike AC Prices By 4-5% in April

Blue Star's Managing Director has indicated that the company may increase room air-conditioner prices by 4-5% in April due to volatility in metal prices and forex rates.

Source: Informist

Newgen Software Wins $1.38-Mn US Deal

Newgen Software's US-based arm has secured a five-year contract worth $1.38 million. The company's share price rose 7.22% in Thursday's trade

Source: Exchange Filing

Stock Market Live:  Bharti Airtel Lands Subsea Cable System In India

Bharti Airtel has landed the 2Africa Pearls cable in the country, connecting India to Africa, and Europe via the Middle East. This is a subsea cable system and brings over 100Tbps (terabits per second) of international capacity to India.

Stock Market Live: All Gas Stocks Gain

All gas stocks gain on Thursday with GAIL and Oil India leading the gains.

Sundaram Finance To Raise Rs 13,000 crore

Sundaram Finance board has approved raising up to Rs 13,000 crore via NCD during FY26 on private placement basis.

Ashok Leyland Promoter Pledge: All You Need To Know

Ashok Leyland is in focus after the company announced on exchanges on Wednesday that its EV business Switch UK has begun a consultation process for the cessation of manufacturing facility in the UK.

Read more about it here

HUDCO To Raise Rs 2,000 Crore

Housing and Urban Development Corporation (HUDCO) has approved a plan to raise funds up to Rs 2,000 crore through bond issuance on a private placement basis.

Source: Exchange Filing

Govt's Rs 25,938-Cr Boost Fails To Offset Trump Tariff Blow

Union Cabinet approved PLI Scheme for Automobile & Auto Components on with budgetary outlay of Rs 25,938 crore.

On Wednesday US president Donald Trump imposed a 25% tariff on auto imports which led Auto index to decline.

Buzzing Stocks At Noon

The stock that are trending include Tata Motors, Ashok Leyland, Samvardhana Motherson and BSE among others.

Find other buzzing stocks here

United Spirits Declares Interim Dividend; Share Price Rises

United Spirits Ltd.'s board approved interim dividend of Rs 4 per share, with a face value of Rs 2 for the financial year 2025 in the board meeting on Thursday.

Read more about it here

Stock Market At Noon

The benchmark indices opened Thursday's trading session with losses but later took a U-turn to trade in green.

  • Nifty 50 was trading 0.47% up at 23,598 as of 12:02

  • Sensex was trading 0.45% up at 77,636.13 as of 12:02

RBI To Meet Bankers On New Liquidity Model

India’s central bank is set to meet lenders next week to discuss changes in its liquidity management framework so that borrowing costs are better anchored to the policy rate, according to people familiar with the developments.

Source: Bloomberg

Read more on this here

JSW Steel's Financial Results Date

JSW steel's board meeting be held on May 23 to consider financial results for the quarter and year ended 31st March 2025.

Bharat Forge Signs Contract With Defence Ministry

Bharat Forge has secured the largest domestic contract with the Defence Ministry to supply the Advanced Towed Artillery Gun System (ATAGS). Order Accounts To 60% Of Rs 6,900 Cr Procurement By Ministry Of Defence.

Stock Market Live: Welspun Enters Into Agreement to Divest Non-Core Assets

The company has approved the sale of its entire stake in two non-operative wholly-owned subsidiaries, Kim Mandvi Corridor and Buildtech Projects & Infra, to Sherry Exports.

Stock Market Live: Steel Strips Wheels Sees No Impact From US Tariffs

Steel Strip Wheels Ltd.'s steel and alloy wheels are exempt from the recently signed proclamation, meaning they will not be subject to the 25% tariff, the company said in the exchange filing.

Coforge Strengthens Partnership With Microsoft  

Cogforge has strengthened its partnership with Microsoft to bring AI-integrated developer productivity solutions to engineering services, enhancing collaboration and innovation.

Sandhar Tech Share Price Surges

Sandhar Tech's arm, Sandhar Ascast, will acquire the high and low pressure aluminium die casting business of Sundaram-Clayton for Rs 163 crore. The share price surged 2.36% on Thursday.

CLSA On Tariff Impact

  • US announced tariff duty of 25% on all imported cars and key auto components from April 2

  • Tata Motors, Bharat Forge, Sona BLW & Samvardhana Motherson have exports linked to the US

  • Unlike others, SAMIL has manufacturing facilities in the US including a larger one in Alabama

  • This plant could cater to demand from US car manufacturers and therefore would see relatively lower impact.

  • Close to 31% of JLR’s retail sales come from the US and models are made in the UK

  • Sona BLW derives 43% of its revenue from the US and Bharat Forge 38%

Nifty Pharma Drags, Down Over 1%

Nifty Pharma follows Nifty Auto becomes second worst performing index in Thursday's trade as it declined 1.26% at intraday and continued to trade 1.08% lower as of 10:27 a.m.

Stock Market Live: Sensex, Nifty Surge

Benchmark indices Sensex, Nifty 50 surged on Thursday erasing opening losses.

Market At One Hour Into Trade

  • Nifty 50 added 131 points at day's high to trade at 0.56%

  • Sensex at added 458 points to trade at 77,747 at day's high

Samvardhana Motherson Share Price Down

Share price of Samvardhana Motherson declined over 7.5% on Thursday despite CLSA reiterating its 'outperform' call on the stock.

One Mobikwik Systems Shares Decline 

Share price of One Mobikwik declined over 2.4% on Thursday. On Wednesday the MCA approved incorporation of an arm for securities broking business.

Nifty Auto Worst Preforming Index Today

Nifty Auto index declined over 1.4% on Thursday compared to a 0.22% gain in Nifty 50 as of 09:45 a.m. on Thursday. This come after US president Donald Trump imposed a 25% tariff on auto imports.

IRM Energy Share Price Spikes

Share price of IRM energy surged over 14% on Thursday after the company signed 5-year RLNG supply deal with Shell for 1.23 crore MMBtu on Wednesday after market hours.

Ashok Leyland Share Price Decline 

Ashok Leyland share price tumbled 4.56% after the company announced that its EV Business Switch UK has begun a consultation process for the cessation of manufacturing facility in Sherburn.

BSE Share Price Inches Higher 

Share price of BSE surged to 4.81% after the announcement that the stock exchange will consider the issuing of bonus shares in its board meeting to be held March 30.

This will be BSE’s second bonus share issue in three years if approved.

Auto Stocks: Tata Motors, Ashok Leyland Decline Most

The decline in auto stocks was led by Tata Motors and Ashok Leyland after the US President Donald Trump signed an order to implement a 25% tariff on auto imports earlier.

Stock Market: Nifty, Sensex Down

At market open on Thursday most sectoral indices opened lower with Nifty Auto and Nifty Pharma dragging the most.

Stock Market Live: Nifty Point Contribution

As the benchmark indices open lower on Thursday, Tata Motors and Mahindra were the top most laggards in Nifty point contribution.

Stock Market Live: Sensex, Nifty Tumble

At the start of Thursday's trading session benchmark indices Sensex, Nifty 50 opened with losses.

  • Nifty 50 opened 0.32% down at 23,412.20

  • Sensex opened 0.27% down at 77,082.51

Stock Market Pre-Open

Snesex, Nifty slide in market pre-open. Sensex was trading 0.26% down at 77,087. Nifty 50 was trading at 23,433.95 down 0.23%

Rupee Opens Weaker Against US Dollar 

The Indian Rupee weakened 20 paise to open at 85.91 against US dollar on Thursday. It ended at 85.71 a dollar on Wednesday.

Source: Bloomberg

Macquarie Initiates Coverage On Trent

Macquarie has initiated coverage on Trent Ltd with an "Outperform" rating and a target price of Rs 7,000, implying a 35% upside from current levels.

The brokerage views Trent as a leader in India's retail space, particularly in value-to-mid-premium fashion, and expects sustained growth driven by favorable tailwinds.

Read more about it here

Top Stock Picks On Brokerages' Radar 

Trent Ltd., Ashok Leyland Ltd., HDFC Bank Ltd., Avenue Supermarts Ltd., and steel stocks were among top companies and sectors on brokerages' radar on Thursday.

Read more on this here

Helmet Manufacturer Studd's IPO

  • Helmet-maker Studds Accessories files DRHP

  • IPO to be pure OFS of up to 77.9 lakh shares

  • CMD Madhu Khurana, MD Sidhartha Khurana to sell stake via OFS

  • Company valued at over Rs 3,500 crore as per last transaction

  • IIFL Capital, ICICI Securities are the lead managers

Source: DRHP

(Image Source: Studds Helmet website)

(Image Source: Studds Helmet website)

Nifty Contract Expiry Today

Thursday, March 27, marks a crucial day for traders as it is the weekly and monthly expiry of the Nifty contract.

Auto Stocks In Focus

US President Donald Trump signed a proclamation to implement a 25% tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the US and setting the stage for an even broader push on levies next week.

Read more about it here

Oil Prices Inch Higher 

Brent Crude surged in Thursday's session to trade at $73.89, up 0.14%. Meanwhile WTI Crude Oil was also up 0.20% trading at $69.79 per barrel.

The volatility comes in the wake of second round of tariffs set to be imposed by US President Trump starting April 2.

Gold Price Trade Above Rs 88,000

On March 27, gold prices in India increased to Rs 88,100 per 10 grams, according to the India Bullion Association.

Prices varied across cities, with New Delhi at Rs 87,790, Mumbai at Rs 87,940, Kolkata at Rs 87,830, Bengaluru at Rs 88,010, and Chennai recording the highest rate in the country at Rs 88,200.

US Market Update: Tech Stocks Decline 

On Wall Street big tech stocks led a decline in major benchmarks, reigniting concerns over the economic and inflationary impacts of a trade war.

This downturn was exacerbated when President Donald Trump signed an order implementing a 25% tariff on auto imports, causing a $589 billion exchange-traded fund tracking the S&P 500 (SPY) to drop in late hours .

The S&P 500 slid 1.1%, failing to hold above its key 200-day moving average, while the Nasdaq 100 fell 1.8%.

The Dow Jones Industrial Average dropped 0.3%, indicating a broader market decline.

Asia Market Update: Stocks Lower In Early Trends

Most markets in the Asia-Pacific region were trading lower on Thursday morning, as risk-off sentiment heightened among investors after US President Donald Trump announced tariffs on automobiles.

US will levy 25% tariff on all cars not manufactured within the country from April 2.

The Nikkei 225 and Kospi were trading 1.19% and 0.96% down, respectively as of 7:26 a.m. The S&P ASX 200 was down 0.48%.

Gift Nifty At 23,504: Infosys, Maruti Suzuki May Move

On Thursday, Gift Nifty was trading below the 23,700-mark at 23,504, as it gained 11 points or 0.05% as of 07:26 a.m.

Some stocks that may react to recent developments are BSE Ltd., One MobiKwik Systems Ltd. and Vedanta Ltd. among others.

BSE, which is set to consider issuing bonus shares at its board meeting on March 30, may see some movement in its stock price.

One MobiKwik Systems received MCA approval to incorporate a new arm for its securities broking business.

And Vedanta, which has appointed Rajiv Kumar, a veteran from Tata Steel Ltd., as the CEO of its aluminium business, may see some stock action today.

On Wednesday, the benchmark indices ended in the red. Nifty 50 ended the day lower at 23,486.85 and Sensex ended down 77,288.50.

Also Read: Stock Market Today: All You Need To Know Before Going Into Trade On March 27

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WRITTEN BY
Heena Ojha
Senior News Writer at NDTV Profit, She is a graduate with a gold medal from... more
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