The 30-share Sensex ended the day at 75,449.05, up 147.79 points or 0.20% from its previous close. It reached an intra-day high of 75,568.38 before settling slightly lower. Similarly, the NSE Nifty50 closed at 22,907.60, up 73.30 points or 0.32%, trading in a range of 22,940.70 to 22,807.95.
In total, 31 out of 50 stocks in the Nifty50 index closed in the green.
The broader indices performed well, with the Nifty Midcap100 and Nifty Smallcap100 indices gaining over 2% each. This reflects an ongoing trend where midcap and small-cap stocks are leading the market, despite some pressure on large-cap stocks in recent sessions.
Impact on the stock market
Today’s market performance was driven by strong gains in sectors such as banking, oil & gas, and metals, while IT and FMCG stocks weighed on the sentiment.
- The Nifty PSU Bank index surged by 2.03%, benefiting from a strong performance in financial stocks.
- The Nifty Metal index gained 1.16%, with stocks like Tata Steel and others in the metal space driving the rise.
- Oil & Gas and Realty sectors also made notable gains, with increases of 1.04% and 2.97%, respectively.
On the flip side, the Nifty IT and Nifty FMCG indices showed weakness. The IT index saw a significant dip of up to 2% in the afternoon session, largely driven by concerns about a potential slowdown in global demand for IT services and fears of an economic recession in the US.
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| Sector/Index | Performance |
| IT & BPM sector | -1.08% |
| Healthcare sector | 1.28% |
| Oil & Gas sector | 1.06% |
| Real estate sector | 2.80% |
| PSU Bank in India | 1.98% |
Top gainers today
| Company | Price | Change % |
| Shriram Finance Share Price | 667.95 | 3.99 |
| HDFC Life Share Price | 664.55 | 3.75 |
| Apollo Hospital Share Price | 6,427.55 | 2.89 |
| Tata Steel Share Price | 158.60 | 2.55 |
| Power Grid Corp Share Price | 277.20 | 2.36 |
Top losers today
| Company | Price | Change % |
| Tech Mahindra Share Price | 1,396.15 | -2.41 |
| TCS Share Price | 3,497.10 | -1.56 |
| ITC Share Price | 403.05 | -1.48 |
| Infosys Share Price | 1,586.55 | -1.42 |
| Britannia Share Price | 4,707.10 | -1.28 |
Market aftermath: Impact on stocks
Interglobe Aviation shares surge amid high trading volumes
Interglobe Aviation, the parent company of IndiGo, saw a sharp rise of 3.31% today, with the stock closing at ₹ 4,970.65. The surge was supported by significant trading volumes, indicating strong investor interest in the stock.
The increase in trading volumes and price reflects growing market confidence in Interglobe’s performance, especially as it continues to see robust revenue growth. Interglobe’s financials for the last year show a solid recovery, with notable revenue increases, even as it faced a dip in net profit during some quarters.
Analysts are optimistic about the stock’s performance moving forward, with a positive market sentiment around the aviation sector as demand continues to recover.
Vodafone Idea shares surge nearly 5% on 5G rollout in Mumbai
Vodafone Idea (Vi) saw a surge of nearly 5% after announcing its 5G services launch in Mumbai. The stock rose to ₹7.44 in early trade on March 19, as investors reacted positively to the telecom company’s move to expand its 5G network.
Vodafone Idea’s 5G rollout will use cutting-edge equipment from Nokia and will be powered by an AI-powered Self-Organizing Network (SON), which will optimize network performance for a better consumer experience. Vi also introduced unlimited 5G data plans starting at ₹299, one of the most competitively priced plans in the market.
However, despite this launch, Vodafone Idea remains behind competitors Reliance Jio and Bharti Airtel, who have already completed their pan-India 5G deployment. Nevertheless, Vi is optimistic about capturing market share in key regions, with plans to roll out 5G across other parts of India.
Despite this positive news, analysts remain cautious, with some pointing out that Vi may struggle to gain significant market share given its weak financials and competitive disadvantages relative to Jio and Airtel.
Also read: Vodafone Idea Stock Analysis by Ketan Mittal (SEBI RA)
Angel One share price jumps ahead of dividend record date
Angel One shares rose by nearly 4% today ahead of its record date for a second interim dividend of ₹11 per share. The record date has been set for March 20, 2025, with the dividend payment scheduled for April 12, 2025.
The dividend announcement has likely generated investor excitement, driving the stock higher. This marks the company’s 17th dividend declaration since November 2020. With a dividend yield of 0.51%,
Angel One continues to maintain a consistent record of rewarding shareholders. Traders are keeping a close eye on the stock, with predictions of potential short-term buying momentum if the stock sustains above ₹2,150.
Crude oil futures fall on geopolitical developments
In the commodities space, crude oil futures saw a decline in early trading on March 19, 2025. The price of Brent crude fell by 0.33%, reaching $70.33, while WTI crude oil dropped by 0.34% to $66.52.
The fall in oil prices comes after Russia and Ukraine agreed to temporarily halt attacks on each other’s energy infrastructure, which could pave the way for lifting sanctions on Russian oil, potentially boosting global supplies. This is expected to ease some supply concerns in the oil market.
Additionally, reports of rising tensions in West Asia have added another layer of complexity to global crude supply dynamics, as developments in the region could impact oil supplies. On the domestic front, March crude oil futures on the Multi Commodity Exchange (MCX) were down by 0.52%, trading at ₹5,766.
Conclusion
The Indian stock market experienced a mixed session today, with the Sensex and Nifty continuing their upward movement despite some weakness in key sectors like FMCG and IT.
Strong performances from stocks like Interglobe Aviation, Vodafone Idea, and Angel One helped fuel the rally, while geopolitical concerns and global economic factors influenced crude oil prices.
Investors are focusing on the Federal Reserve’s upcoming policy meeting and the economic projections that will be released. As the market looks forward to potential policy developments, it remains crucial to stay informed about sector-specific trends and global macroeconomic factors.
Stay tuned for more such share market news and daily insights right here at StockGro.
