Markets at 1-Month High: What Led to Sharp Rally?

By Sheetal Kumari | March 3, 2025

MC Desk | March 18, 2025

Markets at 1-Month High: What Led to Sharp Rally?

The BSE Sensex jumped 1,131 points to close at 75,301, while the NSE Nifty surged 325 points to 22,834, driven by broad-based buying.

Sensex, Nifty soar on strong buying

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A positive trend in global markets provided a strong boost to investor confidence in Indian equities.

Global cues lift sentiment

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Investors picked up stocks at lower levels after the recent market correction, fuelling a sharp rally.

Value buying post-correction

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A lower trade deficit, strong GDP growth, rising industrial output, higher tax collections, and easing inflation added to the bullish momentum.

Macroeconomic support

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The rupee appreciated 10 paise to 86.71 against the US dollar, further supporting equity sentiment.

Rupee gains against dollar

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China’s fresh measures to boost consumption and strong economic data lifted metal stocks on hopes of higher demand.

China stimulus fuels optimism

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Zomato jumped over 7%. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers.

Top Gainers

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Foreign institutional investors (FIIs) offloaded equities worth Rs 4,488.45 crore on Monday, while Domestic Institutional Investors (DII) bought worth Rs 6,000.60 crore, according to exchange data.

FII Data

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

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