Nifty (+2.2%) closed at 23,329 and Sensex (+2.1%) ended at 76,735, as markets surged on Trump’s tariff relief optimism. The rally was broad-based with Bank Nifty (+2.7%) leading financial stocks higher at 52,380.
Midcaps (+2.9%) and Smallcaps (+3.1%) outperformed benchmarks, showing robust market breadth with a whopping 469 stocks in the NSE 500 ending higher. Volatility cooled significantly with Nifty VIX plunging 19.8% to close at 16.1, indicating improving investor sentiment after recent turbulence.
Sector Check ✅
🔼 Top Performers
- Real Estate (+5.6%) 🏘 – Led the charge as Macrotech Developers zoomed on Lodha brothers’ dispute resolution.
- Auto (+3.4%) 🚘 – Rebounded sharply on potential tariff exemption for imported vehicles.
- Metals (+3.2%) 🏗 – Global demand outlook improved as trade tensions eased.
- Fertilizers (+6.5%) 🌱 – Emerged as the day’s best-performing sector.
Market Flow 💰
🟢 FII Buying Spree: + ₹6065.78 Cr
🔴 DII Net Outflow: – ₹1951.60 Cr
Foreign investors continued to pour money into Indian equities while domestic institutions booked profits. Update Via StockPing.in
Top Gainers – NSE 500 📈
🔹 Sailife (+15.17%) – Surged on strong volume-led buying.
🔹 Intellect Design Arena (+13.81%) – Rallied 13.8% with high trading volumes.
🔹 Data Patterns India (+11.7%) – Defense tech stock soared on robust delivery volumes.
🔹 DB Realty (+10.17%) – Real estate rally pushed the stock higher.
🔹 Akums (+9.99%) – Pharmaceutical stock closed near upper circuit.
Top Losers – NSE 500 📉
🔻 Asterdm (-2.17%) – Profit booking seen after recent rally.
🔻 Sumichem (-1.77%) – Faced selling pressure despite broader market rally.
🔻 Atul (-1.75%) – Specialty chemicals stock underperformed.
🔻 Campus (-1.49%) – Consumer discretionary stock dipped amid higher input costs.
🔻 Anandrathi (-1.47%) – Financial services firm saw some selling.
🔥 Stock Highlights
🚗 Auto Revival: Tata Motors (+5%), Sona BLW (+7%), and Samvardhana Motherson (+8%) rallied after Trump hinted at tariff exemptions for automotive sector.
🏨 Indian Hotels (+6%) – Jumped after announcing addition of 100 new locations in FY25.
🥃 Allied Blender (-3%) – Recovered from deeper lows after denying reports about Andhra government freezing its bank accounts amid investigation.
📊 Brokerage Actions:
- Ajanta Pharma (+2%) – Jefferies initiated coverage with over +10% upside.
- Indigo (+2%) – Hit record high after Motilal Oswal upgrade to ‘Buy’ with ₹6,550 target.
⚡ Transrail Lighting (+8%) – Secured new domestic orders worth ₹1,085 crore.
🏭 Adani Green Energy – Surged as operational capacity increased 30% YoY to 14.2 GW in FY25.
🏦 Banking Rally: HDFC Bank, Axis Bank, and IndusInd Bank jumped 3-7% after lenders slashed both deposit and lending rates following RBI’s recent rate cut.
🏙️ Real Estate Winner: Macrotech Developers (+8.1%) – Soared as Lodha brothers resolved all disputes, with Abhishek Lodha securing exclusive rights to the “Lodha” brand.
Should You STOP your SIP in Market Crash ?
The recent market correction has been scary, especially for post-pandemic investors! Latest stats show India’s SIP stoppage ratio hit 128% in March – more SIPs being stopped than started.
Here’s why that’s a BAD idea:
Long-term investing success means riding out market cycles for that sweet +12% CAGR. Missing the bottom means missing out BIG time.
Consider this: A ₹1,000 monthly SIP from July 1999 to March 2025 into the Nifty index would have grown ₹3.1 lakh into ₹27.5 lakh.
But stopping during major crashes would’ve cost you:
Dotcom Bubble (2000-2003): Missing ₹36,000 in SIPs = Final corpus only ₹17.3 lakh
Global Financial Crisis (2008-2010): Missing ₹34,000 in SIPs = Final corpus only ₹25.2 lakh
Covid (Jan-Nov 2020): Missing just ₹10,000 in SIPs = Final corpus reduced by ₹4 lakh
The moral? Stick to your investment thesis regardless of market mood. Dump stocks because they’re bad investments, not because of market nervousness!
Macro & Global 🌍
📉 WPI inflation declined marginally by 30bps to 2.1% in March on moderating food prices.
🌐 European indices trading mixed, Asian indices closed mostly in green.
Trump administration launching probes into pharma and semiconductor imports for potential tariffs.
🛢️ IEA significantly lowered global oil demand growth forecast for 2025 amid trade tensions.
📊 Quick Closing Print
Index | Closing Level | Move |
| Nify | 23,329 | +2.2% |
| Sensex | 76,735 | +2.1% |
| Bank Nifty | 52,380 | +2.7% |
| Nifty 500 | 21,279 | +2.5% |
📲 For real-time updates, follow Above Stocks!
📩 Instagram | Telegram | WhatsApp
🔗 Instagram:@above.stocks
🔗 Telegram:Above Stocks
🔗 WhatsApp Channel: Join Now