Period: March 10th to March 14th, 2025
At Riddhi Siddhi Share Brokers, we bring you a concise yet insightful look into the week that was on Dalal Street. It was a largely subdued week for the Indian stock markets, as investors adopted a wait-and-watch approach, even amid positive inflation data both domestically and globally.
Despite cooling CPI numbers in India and the US, the Nifty and Sensex failed to gather steam, closing the week with marginal losses. However, subtle signs of bear exhaustion and oversold conditions suggest that a potential rebound could be on the cards next week.
🔍 Market Snapshot – Key Indices Performance
| Instrument | LTP | Weekly Change |
|---|---|---|
| Nifty 50 | 22,397 | -0.69% |
| Sensex | 73,829 | -0.68% |
| Bank Nifty | 48,060 | -0.90% |
| Nifty Midcap 100 | 13,633 | -2.08% |
| India VIX | 13.28 | -1.41% |
Global Indices:
| Index | LTP | Weekly Change |
|---|---|---|
| Dow Jones | 41,488 | -3.07% |
| Nasdaq | 19,705 | -2.46% |
| Bovespa | 1,28,957 | +3.14% |
Commodities & Currency:
- Crude Oil: $67.23 (+0.22%)
- Gold: ₹2983 (+2.47%)
- Silver: ₹33.77 (+3.89%)
- USD/INR: ₹86.94 (-0.24%)
📈 Highlights & Market Sentiment – Riddhi Siddhi Share Brokers Perspective
Despite market weakness, a few positive economic indicators have emerged:
- India’s CPI Inflation cooled to 3.61% in Feb, down from 5.09% a year ago.
- US CPI eased to 2.8%, slightly below market expectations.
- Falling crude oil prices and a subdued India VIX support a near-term bullish outlook.
- The US Dollar Index weakened, signaling global caution amid tariff concerns.
At Riddhi Siddhi Share Brokers, we believe these macro indicators could prompt an RBI repo rate cut in April, potentially improving liquidity and investment sentiment.
📊 Sectoral Performance This Week
Bullish Sector:
- Nifty Pharma: +0.04%
Bearish Sectors:
- Nifty IT (-4.49%)
- Nifty Media (-3.44%)
- Nifty Auto (-2.17%)
- Nifty Realty (-1.98%)
- Nifty Metal (-1.67%)
- Nifty Energy (-0.96%)
- Nifty Oil & Gas (-0.79%)
- Nifty Infra (-0.79%)
- Nifty PSE (-0.54%)
- Nifty FMCG (-0.02%)
📌 Stock-Specific Highlights – Riddhi Siddhi Share Brokers View
1️⃣ IndusInd Bank (-30.1%)
Biggest loser of the week after reporting derivatives portfolio discrepancies. The stock is now 62% off its highs.
2️⃣ Sun Pharma (+4.3%)
Jumped on news of acquiring US-based biotech firm Checkpoint Therapeutics for ₹3,099 crore.
3️⃣ Zydus Lifesciences (-1.96%)
Despite acquiring Amplitude Surgical SA, a France-based orthopedic tech company, the stock remained under pressure.
4️⃣ LIC (-3%)
Stock declined on weak new business premiums and speculation over government stake sale.
5️⃣ BEL (+1.1%)
Firm performance after securing a ₹2,463 crore defense order from MoD for Ashwini radars.
⭐ Top Gainers – Nifty 50
- Sun Pharma: +4.3%
- ICICI Bank: +2.92%
- ITC: +2.02%
- BEL: +1.11%
- Tata Motors: +1.11%
❌ Top Losers – Nifty 50
- IndusInd Bank: -30.1%
- Wipro: -7.30%
- Infosys: -6.35%
- Tech Mahindra: -3.46%
- Shriram Finance: -1.79%
🔮 What’s Next for Nifty? – Riddhi Siddhi Share Brokers Insight
As per our technical analysis, Nifty continues to trade below its 200-DMA at 24,059. However, the week ended with oversold signals and bargain-hunting interest.
We believe a technical rebound is likely, especially if global markets stay positive. A breakout above 23,000-23,100 could ignite a rally. However, risks remain with FII outflows, AMFI data showing declining equity inflows, and policy uncertainty.
📌 Riddhi Siddhi Share Brokers Final Word
While volatility persists, we advise investors to focus on value-buying opportunities in fundamentally strong stocks. Our expert team at Riddhi Siddhi Share Brokers will continue to track reversal signals and keep you updated.
⚠️ Disclaimer / Disclosure:
This content is for informational and educational purposes only. Stock market investments are subject to risks. Please consult a SEBI-registered financial advisor before making any investment decisions. Riddhi Siddhi Share Brokers or its team will not be responsible for any investment decisions based on this content.