Market cap jumps Rs 35 lakh crore in March: Here are Top-performing sectors

By Sheetal Kumari | March 3, 2025

MC Desk | March 24, 2025

Market cap jumps Rs 35 lakh crore in March: Here are Top-performing sectors

After months of selling pressure, stock markets staged a strong recovery in March. Investors on the BSE saw their wealth rise by Rs 35 lakh crore as the Sensex surged over 4,500 points.

Markets rebound with strong gains

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The rupee’s recovery against the US dollar, reduced foreign investor selling, and easing concerns over Trump tariffs lifted market sentiment. The Indian markets have gained 7.6% so far this month after a steep fall from record highs in September.

Top Factors

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The Nifty Metal index jumped nearly 13%, emerging as the best-performing sector this month.

Metal stocks shine

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Nifty Realty and Nifty Pharma indices climbed nearly 10% each, driven by renewed investor interest.

Realty, Pharma post strong gains

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The Nifty Bank index rose about 7%, with PSU banks outperforming. The Nifty PSU Bank index surged nearly 12%, while the Nifty Private Bank index gained 6.6%.

Banking sector rallies

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The Nifty Auto index jumped nearly 7%, while the Nifty FMCG index advanced over 5%, reflecting strong domestic demand.

Auto, FMCG follow the upward trend

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Bucking the broader trend, the Nifty IT index declined by 0.3% amid concerns over global technology spending.

IT stocks under pressure

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Kotak Mahindra Bank, Bajaj Finance, ICICI Bank, and JSW Steel were among the top stocks touching fresh 52-week highs in March.

Heavyweights hit fresh 52-week highs

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Moneycontrol advises users to check with certified experts before taking any investment decisions.

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