The stock market opened on a positive note on Wednesday, continuing its upward momentum from the previous session. At the opening bell, the Sensex surged to 75,422.05, gaining 120.79 points (0.16%). Meanwhile, the Nifty 50 rose to 22,884.05, climbing 49.75 points (0.22%).
After a strong rally in both indices yesterday, the Indian stock market is set for a positive opening today. Early trends from GIFT Nifty futures indicate that the market will start in the green. As of 8:30 AM, GIFT Nifty was trading at 22,937, up 0.03%, suggesting a continuation of bullish sentiment.
In the previous trading session, the BSE Sensex surged 1,131 points, or 1.5%, to close at 75,301, while the NSE Nifty50 jumped 325.5 points, or 1.45%, to end at 22,834. The rally was driven by strong buying interest across sectors, with banking, IT, and auto stocks leading the gains.
However, global market cues remain mixed. Overnight, Wall Street witnessed a sharp selloff as investors reacted to concerns over economic data and interest rate uncertainties. The Nasdaq and S&P 500 both slipped more than 1%, while the Dow Jones also ended in the red. However, Asian markets today are trading on a mixed note.
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Mar 19, 2025, 1:58 pm IST
Nifty Outlook By Anand James, Chief Market Strategist, Geojit Financial Services
While it took 10 trading sessions to swing higher from the lower Bollinger band and break above the middle band, we expect the travel to the upper band to unfold in much less time. This should also suggest that the 23000 region which was expected to spark a stop and reverse move, may give away. Ideally, a full retracement to the Feb peak should unfold, setting us up with 23807 as the optimistic target, with intermediate resistance spotted in the 23460-500 vicinity. Alternatively, inability to close above 22730 today after early positivity, could signal loss in momentum, but an outright reversal is less favoured.
Mar 19, 2025, 1:36 pm IST
Steel Authority of India In Focus
Axis Securities has upgraded its rating on SAIL from hold to buy for a target price of Rs 130/share.
Mar 19, 2025, 1:02 pm IST
Initiating Coverage: Tata Communications | Pivoting from Connectivity to CommTech: Charting sustainable
Dayanand Mittal of JM Financial Institutional Securities said, “Tata Communications (TCOM) categorises its offerings into two broad segments — Data and Voice. While the voice segment revenue is on a declining trend, the data business is driving growth as data becomes increasingly relevant for connectivity needs of enterprises. Data business can be further categorised into: a) Core connectivity; and b) Digital portfolio. Core connectivity continues to be a steady state cash cow; however, TCOM is strategically transitioning to the digital portfolio business to drive sustainable long-term growth (given muted growth outlook in core connectivity). Hence, it is gradually transforming into a ‘CommTech’ (Communication Technology) player by developing and expanding its digital portfolio, integrating connectivity with digital services, offering customised and high-value solutions tailored to enterprises’ needs. A series of new product launches, strategic acquisition of Switch & Kaleyra, geographical expansion, partnership with NVIDIA and organisational changes are strengthening its CommTech credentials. Given accelerated digital transformation across enterprises, TCOM’s management has set ambitious targets for FY27; however, given the impact of global macro uncertainty on IT spends, we believe this target may be achievable either with the help of inorganic growth or with a year’s delay (by FY28). But there is no doubt over the significant long-term growth potential given the huge TAM in the digital transformation space while TCOM has sub-1% market share in the global market. Key targets are: a) Data revenue target of INR 280bn by FY27— this implies 33% CAGR over FY24-27 vs. JMFe of 22% CAGR; hence achievable with a year’s delay in FY28 or by FY27 aided by inorganic growth; b) EBITDA margin target of 23-25% by FY27 — achievable though investments can cap near-term margin expansion; and c) RoCE target of +25% and net debt to EBITDA of less than 2x by FY27 — achievable despite potential inorganic growth opportunities (Exhibit 47-52).We initiate coverage with a BUY (TP of INR 2,030) based on 11x FY27 EV/EBITDA multiple for the data segment, as we expect data segment EBITDA CAGR at ~21% over FY24-28E.”
Mar 19, 2025, 12:31 pm IST
Company Update: Suzlon Energy | Visit to nacelle & hub assembly plant at Daman
“With its highest-ever, and growing, order book of 5.9GW, Suzlon remains upbeat about revival of the industry and resolution of execution challenges in the next 2-3 quarters. The company shared that the feedback on performance of the 3MW wind turbine generator (WTG) has been very encouraging. During our visit to the company’s nacelle and hub assembly plant at Daman, we saw initiatives to enhance capabilities to handle more volume and higher-rating WTGs. The area of the shop floor is under expansion by converting the existing warehouse in to the new hub assembly shop. The capacities of EOT cranes in both shops and loading area have been increased. With this, the plant can manufacture 4 nacelles/day (+1 no.). The manufacturing capacity of the company will increase from 3.15GW to 4.5GW, taking together capacities at both Daman and Pondicherry plants. We maintain our BUY rating on the stock with a TP of INR 71 (from INR 80 earlier), moderating P/E multiple from 40xDec’26 to 35xMar’27 given execution challenges constraining growth beyond FY27 and roll forwarding our EPS from Dec’26 to Mar’27,” said Sudhanshu Bansal of JM Financial Institutional Securities.
“Inflation on a YoY basis continues for the Staples universe in 4QFY25 but MoM trend indicates stabilization or correction in majority of the commodities (refer exhibit 4). Our Consumer Staples Raw Material (RM) Inflation Index continues to see YoY inflation in 1.8-2% range (0.4-0.6% MoM) for the last three months till Feb’25. Longer term trend (7-year inflation CAGR) is pointing towards a stability at ~5%. Prices of some key commodities (Brent Crude, Palm Oil, Wheat, Tea) are down from their recent peaks (refer exhibit 5) but they remain inflationary on YoY basis,” commented YES SECURITIES.
Mar 19, 2025, 11:26 am IST
Stock Market Live Updates: Gold Price Today
Gold prices in India have been rising consecutively for the second day today, making gold super expensive. Yesterday gold rates in India touched the psychological level of Rs. 90,000 per 10 grams for the very first time in history.
On Wednesday the 916 variant, or the 22-carat gold price in India, rose sharply by Rs. 400 to cost Rs. 82,900 per 10 grams. Pure gold, or the 24-carat gold rate, jumped around Rs. 440 per 10 grams to retail at Rs. 90,000 per 10 grams. Similarly, 18-carat gold rates in India climbed by Rs. 330 to cost Rs. 67,830 per 10 grams.
Stock Market Live Updates: Insolation Green Energy Secures Record ₹733.04 Crore Solar PV Module Order
Insolation Green Energy Private Limited has announced securing its highest-ever single sale order, amounting to ₹733.04 crore, for the supply of Solar PV Modules. The order has been awarded by KPI Green Energy Limited to Insolation Green Energy, a wholly owned subsidiary, for their solar power projects.
The purchase order includes ₹513.13 crore for the supply of N-Type BI Facial (G to G) Solar PV Modules for KPI Green Energy’s GUVNL project, with deliveries scheduled between June 2025 and March 2026. Additionally, the company received a separate order worth ₹219.91 crore for the supply of similar solar modules for another KPI Green Energy project.
Mar 19, 2025, 9:30 am IST
Stock Market Live Updates: Market Opens In Green
At the opening bell, the Sensex surged to 75,422.05, gaining 120.79 points (0.16%). Meanwhile, the Nifty 50 rose to 22,884.05, climbing 49.75 points (0.22%).
Mar 19, 2025, 9:27 am IST
Stock Market Live Updates: Vi Launches 5G Services in Mumbai with unmatched value
Leading telecom operator Vodafone Idea (Vi), today announced the launch of its 5G services in Mumbai, delivering next-generation connectivity to customers in the city. With this roll out, Vi is set to enhance mobile experience with widespread coverage at competitive pricing. Vi’s 5G services will be available in the city, starting today, powered by its competitive spectrum holding and significant investment in next generation infrastructure. The company is committed to delivering enhanced capacity, superior performance, and reliability.
Mar 19, 2025, 9:27 am IST
Stock Market Live Updates:: L&T Technology Services to Transform Railway Safety with AIPowered TrackEi™
L&T Technology Services Limited, a global leader in engineering and technology services, today announced the launch of TrackEi™, an AI-powered railway track inspection solution. Designed as part of LTTS’ growing mobility portfolio, TrackEi™ leverages the NVIDIA Jetson™ platform for edge AI and robotics, to deliver real-time defect detection and support predictive maintenance, enhancing safety for rail networks worldwide. The latest development follows a series of accolades recognizing LTTS’ leadership in rail innovation, including winning the Etihad Rail Innovation Award for its “Innovative Way to Detect Visible Rail Defects in Real-Time.” TrackEi™ will be showcased at the NVIDIA GTC 2025 AI Conference, highlighting LTTS’ ongoing commitment to AI-driven transformation in transportation infrastructure.
Mar 19, 2025, 9:12 am IST
Stock Market Live Updates: Indian Rupee Opens Lower
The Indian Rupee started Wednesday’s session on a weaker note, opening at Rs.86.61 per US dollar, compared to Tuesday’s close of Rs.86.56.
Mar 19, 2025, 8:58 am IST
Stock Market Live Updates: Strong Retail Sales Data Boosts Sentiment
“Improved retail sales data from the US and China boosted investor confidence, while mid- and small-cap stocks outperformed, with all major sectors registering gains. Indian equity indices extended the gains on the second consecutive session on March 18 with Nifty surpassing 22,850 intraday led by buying across the sectors and broader indices. At close, the Sensex was up 1,131.31 points or 1.53 percent at 75,301.26, and the Nifty was up 325.55 points or 1.45 percent at 22,834.30. The biggest Nifty gainers were ICICI Bank, M&M, Shriram Finance, L&T, and Tata Motors, while losers included Bajaj Finserv, Bharti Airtel, Tech Mahindra. All the sectoral indices ended in the green with auto, capital goods, consumer durables, metal, power, realty, and media index up 2-3 percent. Broader indices outperformed the main indices with BSE Midcap and smallcap indices rose more than 2 percent each. The anticipated rebound in domestic earnings, along with a recent decline in the dollar index and lower crude prices, is expected to support this recovery. However, continued FII outflows, driven by higher risk-free rates and the appeal of markets like China—along with tariff uncertainties, keep investors cautious during this phase. “ as per centrum Research report
Mar 19, 2025, 8:54 am IST
Stock Market Live Updates: Asian Market Overview
Asian markets opened on a mixed note on Wednesday, with cautious investor sentiment. Japan’s Nikkei rose 0.69% to 38,107.27, while South Korea’s KOSPI gained 0.86% to 2,634.76. Hong Kong’s Hang Seng Index (HSI) inched up 0.12% to 24,769.93. On the downside, China’s Shanghai Composite slipped 0.07% to 3,427.27, and the Shenzhen Component declined 0.16% to 10,996.72. Meanwhile, Australia’s ASX 200 dropped 0.18% to 7,846.6, indicating some weakness in the region.
Mar 19, 2025, 8:54 am IST
Stock Market Live Updates: US Market Snapshot
Wall Street ended in the red as major indices faced a sharp decline amid investor concerns over economic data and interest rate outlook. The Dow Jones (DJIA) fell 260.32 points (-0.62%) to close at 41,581.31, while the Nasdaq dropped 304.55 points (-1.71%) to settle at 17,504.12. The S&P 500 also declined 60.46 points (-1.07%) to end at 5,614.66.
Mar 19, 2025, 8:53 am IST
Stock Market Live Updates: Market on Tuesday End on a Positive Note
Dallal street extended its strong gains yesterday, with both indices rising over 1%. In the previous trading session, the BSE Sensex surged 1,131 points, or 1.5%, to close at 75,301, while the NSE Nifty50 advanced 325.5 points, or 1.45%, to settle at 22,834.
Mar 19, 2025, 8:53 am IST
Stock Market Live Updates: Sensex & Nifty in Focus
Good morning! Welcome to our Stock Market Live Blog, your go-to source for real-time updates from Dalal Street. As the Sensex and Nifty set the tone for today's trading session, we bring you the latest market trends, key movements, and expert insights to help you stay ahead.
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