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Financial & Morning Market Update- 10 March 25
Last week has been the best week ending for markets in 2025…where the markets gained nearly 3% from their lows during the week.
On other hand, US markets were hit badly due to Trumps unpredictable policy and declined sharply last week, making it worst week since September 24.
Indian Markets have formed some bottoms or not is still not clear, but what is now getting clear is bottoming out of individual stocks .Analyst see bottoming out of some stocks especially Large caps.And if it’s so, then it’s the small but first step towards recovery. But that no ways means, markets have bottomed out!!
FM, Nirmala Sitharaman has given hint of GST reduction in coming months..
US rolled back tariff for Automobile on Canada and Mexico till Apr 2.
BoB card has announced exciting discounts for its customers on all major ecommerce websites like Amazon, Flipkart Reliance digital, MMT, Air India, LG, Croma , lenskart etc.
Where is Nifty Headed this week?
Many leading brokers in market sees a hope of revival in March.
Here are some analyst view wrt same for Markets this week…..
Motilal Oswal fin services sees bullish crossover on daily chart.They see early signs of stability and scope for further bounce. However their concern about FII selling remains and also Nifty needs to hold 22350 levels to extend bounce towards 22900-23000 range. They see strong support at 22350-22200 on downside.
Motilal Oswal sees bullishness in following stocks this week
SRF
Mannapuram fin
BEL
Hindalco
Tata Steel
UPL
Kotak Bank
Bajaj Finance
JSW Steel
They see weakness in these stocks this week
OFSS
Indusind bank
LTI Mindtree
Infosys
Jubilant food
Tech Mahindra
Monarch Networth Capital sees upside target of 23000-23400. They also see a surge in bank nifty towards 50500 level this week.
They recommend buying Reliance for tgt of 1300-1350.
They are also bullish about Metal index and hence , NALCO and Hindustan Copper are their top picks for BUY
Besides same they see a bullish pattern in these stocks in upcoming week
SRF
Mannapuram fin
Kotak Bank
Hindalco
Tata motors
M&M
Tata Steel
Anand Rathi Shares & Stock brokers suggest a strong support level at 22000-21800 levels. They sees a small recovery above 22650 levels towards 22800-23000 range
As per the company, a weekly close above 23200 this week , will give a strong indication that markets are out of woods. But on downside a breach of 22000-21800 will drag nifty to 21200 levels.
They suggest a strong and aggressive buying approach by investors should start after 23200 levels, till then look for small dips and make small targets and book profits.
Money control has given a list of stocks which may gain/lose this weeks.
Expected Gaining Stocks
SRF
Kotak Bank
Chambal Fertilizer
Shree Cement
Bajaj Finance
SBI Cards
UPL
Stocks likely to witness weakness
Indusind Bank
IDFC Bank
Titan
Dr Reddy
Dalmia Bharat
HUL
ITC
Dabur
Amidst this volatility, NPS has issued top ranking for its fund manager. Here are the ranking for Equity plans
1 yr performance
- DSP pension
- UTI pension
- Kotak Pension
3 yr performance
- UTI pension
2.Kotak Pension - ICICI pension
DSP is only one and half year old , hence not considered in three years performance.
Markets Today
In last trading session Dow Jones was up by 0.5%.
Asian Markets are trading mixed today.
But amidst all , a negative/muted start to day is expected today.
During the day, a sideways momentum can be seen.
Nifty Levels to keep eye on
Bullish above 22630
Bearish below 22450
STOCKS NEWS
Zomato recieved the Emerging Company of Year award at ET awards for Corporate Excellence.
Tata Power signs and MoU with Andhra Pradesh govt to develop 7000 MW of renewable energy projects
Spicejet is facing fresh troubles as three Ireland based aircraft lessors have filed insolvency please against the company in NCLT, claiming defaults.
GMR has increased its stakes in Delhi Airport to 74% as it acquires 10% acquisition from Germany’s Fraport.
Indigo has announced new flight between Trichy and Jaffna, Srilanka from March 30th
Railtel has bagged a order worth Rs 28 cr from Northern Railways.
Sunpharma to acquire Checkpoint Therapeutics for $355 mn.
Gold/Silver
Gold was trading marginally low at 88900 levels. Silver too was trading low below 100000 levels.
Well, this week is gonna be crucial wrt market movement ahead. Although sentiments are positive to reach higher level this week but the Geopolitical tensions and Tariff warfare will keep market on edge.
A breakout level of 22700-800 needs to be broken for some consolidation ahead. But no way it indicates market won’t go down. Although as of now, 22400 is a strong resistance level, below which the upward momentum can be broken towards 21800.
Hoping for good and positive week ahead !!
Happy Investing!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
