On March 24, 2025, the Nifty 50 components saw NTPC, Kotak Mahindra, Axis Bank, Power Grid, and Bajaj Finserv leading the gainers, while Titan, IndusInd, M&M, Trent, and Infosys were the major laggards.
The banking and energy sectors outperformed all indices, with the broader index strengthening for the sixth consecutive trading session. This was driven by positive global cues and fresh foreign fund inflows. The Sensex jumped 1017.85 points or 1.32% to 77,923.36, while the Nifty 50 climbed 294.70 points or 1.26% to 23,645.10.
Meanwhile, the Nifty Midcap 100 rose 1.49% and the Nifty Smallcap 100 gained 1.39%.
In terms of top gainers, NTPC shares led with a 4.61% increase to ₹367.50, followed by Kotak Mahindra with a 4.35% gain to ₹2,169.35. Axis Bank shares rose 2.84% to ₹1,100.50, Power Grid Corporation shares surged 2.67% to ₹290.65, and Bajaj Finserv stock was up 2.55% to ₹1,894.40.
On the losing side, Titan shares declined 2.52% to ₹3,082.90, followed by IndusInd with a 1.92% fall to ₹673.70. M&M shares declined 1.02% to ₹2,773.30, Trent shares fell 1.28% to ₹5,084.10, and Infosys dipped 0.43% to ₹1,585.65.
In total, 2,878 stocks were traded on the NSE, with 2,069 advancing and 747 declining. Stocks such as Transformers and Rectifiers, Senco Gold, Kotak, JSW Holdings, IGIL, and Coffee Day Enterprises were among the 183 stocks that hit the upper circuit on the NSE.
On the BSE, SmallCap stocks Salasar Techno and Power Mech led the gainers, rallying 20% and 15% respectively. Power Mech shares were in focus after bagging a ₹579 Crore order from Bharat Heavy Electricals Limited (BHEL). Meanwhile, shares of Jyoti Structures, JSL, and KEC International dipped nearly 5%.
Additionally, defense stocks such as HAL, MTAR Technologies, and Zen Technologies gained momentum after the Defense Acquisition Council (DAC) accorded acceptance of necessity (AoNs) to eight capital acquisition proposals amounting to over ₹54,000 crore.
Published on March 24, 2025.
