Markets snap 5-series losing streak in March, Nifty rises 4.5%, Bank Nifty up nearly 6%: All you need to know

Nifty, Bank Nifty notch multi-year record gains in March series: All you need to know

Benchmark indices Sensex and Nifty rebounded in March 27 trade after falling sharply in the previous session as continuous foreign fund inflows and buying in blue-chip Reliance, L&T and Bajaj Finance supported the recovery. This, despite selling in shares of auto firms and subdued pharma stocks amid uncertainties over Trump tariffs limited the gains.

Thus, the markets closed in gains after being in the red for five straight months. Benchmark Nifty rose 4.5% while Bank Nifty increased nearly 6%, their biggest gain in an F&O series since September 2024.

On March 27, Sensex climbed 317.93 points or 0.41 per cent to settle at 77,606.43. During the day, it surged 458.96 points or 0.59 per cent to 77,747.46. The NSE Nifty rallied 105.10 points or 0.45 per cent to 23,591.95.

40 of 50 stocks recorded gains in this series with 14 stocks rising 10 percent or more. Indusind Bank, Tech Mahindra and Infosys are the top Nifty losers in this series, reported CNBC-TV18.

The domestic equity market witnessed sharp declines since October 2024 amid relentless foreign fund outflows, tariff threats and subdued quarterly earnings, denting the investor sentiments.

From its record peak of 85,978.25 hit on September 27 last year, the BSE benchmark index is down 8,371.82 points or 9.73 percent to its Thursday's closing. The Nifty dropped 2,685.4 points or 10.21 percent from its lifetime high of 26,277.35 hit on September 27, 2024.

However, markets have started recouping its losses this month after a five-month fall between October 2024 and February 2025. Nifty posted worst monthly sliding streak of 5 months, longest since 1996. Broader mid and smallcaps fell even further with sharp losses.

FIIs have reversed their selling trend to turn net buyers, of late. Foreign Institutional Investors (FIIs) remained buyers for the fifth consecutive session, purchasing equities worth Rs 2,240.55 crore on Wednesday. The steady inflow of foreign funds provided a significant boost to investor sentiment.

The rebound in the markets in March has led to a boost in investor sentiment even as there is a lot of discomfort amongst the investors over reciprocal tariffs starting next week announced by the US President Donald Trump.

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