Today’s share market’s key developments include: NSE will add six stocks to the F&O segment from April 1, while companies including Minda Corporation, Solex Energy, HGS, Power Grid, Dixon Technologies, Lemon Tree Hotels, Torrent Power, and Akzo Nobel India reported partnerships, expansions, funding plans, and regulatory updates.
2:30 PM IST
Stock Market LIVE Update | Sensex rises over 500 points | Nifty crosses 24,200
Indian equity markets advanced strongly as the Sensex surged over 500 points while the Nifty moved above 24,200. Global sentiment improved after US President Donald Trump indicated that tensions in the Middle East could ease soon, lifting European shares nearly 1.9%. Oil prices retreated below $100 per barrel after briefly touching $119 earlier. Japan’s Nikkei also rebounded sharply, rising 2.88% as governments moved to stabilise energy markets by tapping oil reserves. Financial stocks led gains in Europe, while energy stocks declined due to falling crude prices.
1:30 PM IST
Stock Market LIVE Update | 1:30 PM IST | 10 Mar 2025 | Sensex jumps over 500 points | Nifty climbs above 24,200
Indian benchmark indices moved higher, with the Sensex rising more than 500 points while the Nifty crossed the 24,200 level. Meanwhile, concerns over a potential gas shortage have surfaced in India as tensions in the Middle East persist, even though US President Donald Trump indicated the conflict may end soon. Several industries, including fertilisers, quick service restaurants and tiles, could face pressure. Fertiliser stocks such as FACT, Chambal Fertiliser, Rashtriya Chemicals & Fertilisers and National Fertilisers surged up to 17% after the government introduced the Natural Gas Regulation Order, 2026.
12:30 PM IST | 10 Mar 2025
Stock Market LIVE Update | Sensex gains over 350 points | Nifty trades above 24,150
Indian equity benchmarks advanced with the Sensex rising over 350 points and the Nifty moving above 24,150. Fertiliser stocks surged up to 17% after the government issued the Natural Gas Regulation Order, 2026, lifting shares of companies such as FACT, Rashtriya Chemicals, Chambal Fertilisers, and Coromandel International. Meanwhile, AMFI data showed mutual fund assets under management increasing to ₹82 lakh crore. Indian government bond yields eased as crude oil prices declined following comments from U.S. President Donald Trump suggesting the Iran conflict may end soon.
11:50 AM IST
Stock Market LIVE Update | Sensex jumps over 650 points | Nifty trades above 24,250
Indian benchmark indices advanced strongly, with the Sensex rising more than 650 points and the Nifty moving above the 24,250 mark during the session. Winny Immigration & Education Services, Redington, Rappid Valves (India), Stanley Lifestyles, and TechD Cybersecurity emerged as major gainers. Meanwhile, Indian Overseas Bank received an income tax demand order worth ₹502.29 crore. Gas stocks such as Petronet LNG, Indraprastha Gas, Gujarat Gas, and GAIL also moved higher after comments from US President Donald Trump eased concerns about prolonged supply disruptions linked to tensions with Iran.
11:10 AM IST
Stock Market LIVE Update | Sensex jumps over 500 points | Nifty trades above 24,150
Indian equity markets advanced strongly, with the Sensex gaining more than 500 points and the Nifty crossing 24,150. Shares of UNO Minda rose over 3% after Jefferies initiated coverage with a ₹1,350 target. Cupid stock continued its rally following its 4:1 bonus issue announcement, recording sharp weekly gains. ABB India also moved higher after announcing a $75 million investment to expand its India operations. Meanwhile, physical gold prices remained elevated across major cities such as Delhi, Mumbai, Chennai, and Hyderabad, reflecting continued strength in bullion markets.
10:10 AM IST
Stock Market LIVE Update | Sensex rises over 300 points | Nifty moves above 24,100 in early trade
Indian benchmark indices opened higher, with the Sensex advancing more than 300 points and the Nifty trading above 24,100. Innovision’s ₹323 crore IPO opened for subscription on March 10 at a price band of ₹521–548 per share, though brokerages have advised caution due to thin margins and valuation concerns. Meanwhile, Dixon Technologies surged 7%, reclaiming the ₹10,000 level after government approval for its joint venture with HKC. Early trade saw gains in stocks like Redington and Winny Immigration, while Brace Port Logistics and Ganga Bath Fittings featured among the top losers.
9:20 AM IST
Stock Market LIVE Update | Sensex jumps over 550 points | Nifty moves closer to the 24,200 level
Indian equity markets advanced as the Sensex climbed over 550 points while the Nifty approached the 24,200 mark. Aviation stocks such as InterGlobe Aviation and SpiceJet gained after oil prices dropped below $90 following remarks from U.S. President Donald Trump suggesting the Iran conflict may end soon. Precious metals strengthened on MCX as a weaker dollar lifted gold and silver prices. The Indian rupee also appreciated against the dollar amid softer crude oil prices. Meanwhile, Dixon Technologies remained in focus after receiving government approval for a display manufacturing joint venture with HKC Overseas.
Source: Bajaj Broking Research Desk.
GIFT NIFTY: Gift Nifty suggests a positive opening for the Indian market. Nifty spot in today's session is likely to trade in the range of 23,800 - 24,400.
INDIA VIX: 23.36 | +3.48 (17.52%) ↑ today
Treasury Yield:
The two-year U.S. Treasury yield edged down 0.4 bps to 3.552% after touching 3.635% whereas the benchmark 10-year yield fell 3 bps to 4.102%.
Currency:
Dollar index (DXY) is down 0.4% at 98.81.
Commodities:
U.S. crude prices declined 5.32% to around $86 per barrel, while Brent crude fell 2.65% to $90 per barrel.
Spot gold is little changed at $5,140.55/oz whereas silver was trading near $88/oz.
General Trends:
Asian stocks rose and oil prices dropped early Tuesday after a volatile overnight session, as U.S. President Donald Trump said the Middle East war could be “over soon.” Investor sentiment improved after Monday’s selloff, lifting risk appetite.
Sector-Specific Indicators:
The Nikkei 225 Index jumped 3.6%, while South Korea’s KOSPI surged 6.4%, prompting the Korea Exchange to trigger a sidecar curb that halted program trading for five minutes after futures rose over 5%.
Market in the Previous Session:
On March 9th , Indian benchmark indices extended their decline for the second consecutive session, with the Nifty closing slightly above the 24,000 mark. Despite the weakness, the index staged a recovery of nearly 350 points from the day’s low. Weak global markets and rupee hitting new low also weighed on investor sentiment.
Meanwhile, crude oil prices retreated from their intraday highs after earlier climbing to their highest levels since mid-2022, amid escalating geopolitical tensions in the Middle East. Brent crude, the global oil benchmark, surged to around $119 per barrel, its highest level since July 2022.
At the close, the Sensex fell 1,352.74 points, or 1.71 percent, to 77,566.16, while the Nifty declined 422.40 points, or 1.73 percent, to settle at 24,028.05.
In the broader market, the Nifty Midcap and Smallcap indices dropped about 2 percent each. Sectorally, all indices ended in the red, with Auto, Capital Goods, Metal, PSU Bank, Oil & Gas, and Private Bank sectors registering declines of 2–4 percent.
Nifty Short-Term Outlook:
The Nifty formed a bullish candle with a lower high and lower low, along with a bearish gap overhead in the 24,415–24,078 zone, indicating a partial pullback following the gap-down opening. Buying interest emerged at lower levels around the 100-week EMA during the previous session.
Volatility is expected to remain elevated amid uncertain global cues, rising crude oil prices, and escalating geopolitical tensions.
In Monday’s session, the index rebounded after testing the key support zone of 23,700–24,000. This area represents the confluence of the 100-week EMA, which has historically acted as a strong support, and the trendline connecting the lows of CY23 and CY25.
Going ahead, if the index sustains above the 23,700 support level, it could witness a pullback towards the 24,400–24,500 zone in the coming sessions, supported by extremely oversold readings in the daily oscillators. However, a failure to hold above this support area may lead to an extension of the decline towards 23,300–23,200 levels in the coming week.
Intraday Levels:
Nifty: Intraday resistance is at 24,300, followed by the 24,410 levels. Conversely, downside support is located at 23,950, followed by 23,810.
Bank Nifty: Intraday resistance is positioned at 56,710, followed by 56,980, while downside support is found at 55,930, followed by 55,600.
Nifty:
Nifty futures closed at a new 10-month low at 24,028.05.
Weekly synthetic future is placed near 24,047.
India VIX surged 17.5% to close at 23.36, signalling a high-volatility regime in the market.
Open interest jumped ~10.8%, confirming persistent short build-up.
Highest call writing is at 25,000, while immediate resistance is seen at 24,500.
Highest put writing is positioned at 23,000, while immediate support lies near 24,000.
Call writers were active at 23,800 and 24,000, while significant call unwinding above 25,300, particularly at 26,000, indicates resistance shifting lower.
Put writers unwound positions between 24,000–24,700, while building maximum positions at 23,000, confirming downward migration of support levels.
The shift of put writers to deep OTM strikes remains a clear sign of caution, suggesting markets are preparing for the possibility of deeper downside.
The index appears vulnerable to a break below 24,000, and if that happens, put writers may begin exiting positions, potentially triggering panic-led selling towards 23,700 levels.
With weekly expiry tomorrow, derivative positioning remains highly negative. Since the previous expiry, FIIs have sold 98,488 call contracts and added 30,313 put contracts, reflecting extreme bearish positioning.
Although several technical indicators are oversold, the derivative structure continues to remain strongly bearish, and bottom fishing should be avoided unless geopolitical conditions improve or derivative positioning begins to stabilise.
Bank Nifty:
Bank Nifty futures closed at a new 5-month low of 56,318.60.
Open interest rose ~7.4%, indicating continued short build-up.
Highest call writing remains at 61,000, marking the broader resistance level.
Highest put writing is at 59,000, which is now deep ITM, signalling a potential area of concern.
Call writers were active between 55,000 and 58,000, with the highest additions at 56,000, creating a near-term resistance cluster.
Significant call unwinding at 62,000 indicates resistance is gradually shifting lower.
Put writers have unwound positions between 56,500–60,000, while adding maximum positions at 54,000, confirming downward migration of support levels.
Performance Overview:
Wall Street ended higher on Monday, while oil prices eased and U.S. Treasury yields declined after Donald Trump said the war against Iran was “very complete” and progressing much faster than his initial four- to five-week timeline.
Sector-specific indicator:
After opening with losses, Wall Street rebounded to end the session higher. The Dow Jones Industrial Average rose 0.6%, the S&P 500 gained 0.8%, and the Nasdaq Composite jumped 1.3%.
Economic indicator:
Stocks and bond prices initially fell as surging oil prices raised concerns about global inflation and the possibility of central banks hiking interest rates.
However, prices later eased from their highs after the U.S. and other G7 nations considered releasing strategic petroleum reserves to curb inflationary pressures from rising energy costs.
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