US CPI Inflation Data to Set the Market Tone
Riddhi Siddhi Share Brokers highlights that the US CPI inflation figures will be the key focus this week, scheduled for release on Wednesday, March 12th, 2025. Core CPI is expected to have risen 3.2% YoY (from February 2024). This data will significantly impact the Fed’s preferred inflation gauge, although the next FOMC policy meeting is set for March 18-19.
Fed Chair Jerome Powell has emphasized the need for “real progress” on inflation or signs of labor market weakness before adjusting interest rates again. The Federal Reserve is expected to hold rates steady at 4.25%-4.5% during its March meeting. However, market participants anticipate a total easing of about 70 basis points by December 2025, as indicated by Fed funds futures.
India’s CPI Inflation Data & Market Implications
India’s CPI inflation figures will also be released on Wednesday, March 12th, 2025. As per reports, inflation is expected to ease to 3.94% in February from 4.31% in January 2025. Food inflation, a critical component of retail inflation, is projected to drop below 5% for the first time since June 2023, thanks to strong kharif production and a decline in vegetable prices. However, core CPI inflation is expected to rise to 3.87% from 3.66% due to the surge in gold prices.
Market Holiday Alert by Riddhi Siddhi Share Brokers
Our Indian stock markets will remain closed on Friday, March 14th, 2025, in observance of the Holi festival.
Nifty & Market Sentiment: Is the Rally Sustainable?
After a sharp rally last week, Riddhi Siddhi Share Brokers believes that Nifty and broader markets are looking for further reasons to continue their upward trajectory. However, some market participants remain skeptical, labeling it as a “dead cat bounce” that could fizzle out.
Key Takeaways from Last Week:
✅ Nifty snapped a three-week losing streak amid oversold conditions and strong global cues.
✅ Fear remains a dominant driver, leading to sharp declines even in fundamentally strong stocks.
✅ History suggests that such turmoil is temporary, and strong fundamentals will prevail over time.
At Riddhi Siddhi Share Brokers, we continue to monitor market trends and seek high-quality investment opportunities that can withstand volatility.
Key Market Headwinds:
- Geopolitical & Policy Risks: Uncertainty around Donald Trump’s trade policies is fueling concerns about global growth.
- AI Investment Skepticism: Investors are becoming cautious about the long-term returns on AI-related investments.
Technical Outlook by Riddhi Siddhi Share Brokers
- Nifty’s biggest resistance level: 24,069 (200 DMA)
- Critical support zone: 22,200 (breaking below may trigger heavy sell-offs)
- Nifty Expected Range: 21,400 – 23,000
📌 Nifty CMP: 22,553
📉 Support Levels: 22,200 / 21,899
📈 Resistance Levels: 23,000 / 23,351
📊 PCR (Put-Call Ratio): 1.02
🔎 Bias: Neutral
📌 Bank Nifty CMP: 48,498
📉 Support Levels: 47,500 / 46,200
📈 Resistance Levels: 50,377 / 51,775
📊 PCR (Put-Call Ratio): 0.94
🔎 Bias: Neutral
Preferred Trade Setup for the Week
💡 Nifty (22,553): Buy in the 22,475-22,511 zone for targets 22,922/23,001, with an aggressive upside to 23,351. Stop-loss: 22,199.
Top Sectors to Watch (Recommended by Riddhi Siddhi Share Brokers)
✅ Bullish: METALS, ENERGY
❌ Bearish: REALTY, IT, PHARMA
Stocks in Focus for the Week
Bullish Stocks:
📈 RELIANCE, TATASTEEL, NMDC, NATIONALUM, HINDALCO, BAJFINANCE, BAJAJFINSV, TVSMOTOR
Bearish Stocks:
📉 INDUSINDBNK, BSE, TITAN, ESCORTS, KEI, DIXON, APOLLOHOSP, OFSS, PAGEIND, OBEROIRLTY
Disclaimer by Riddhi Siddhi Share Brokers
The stock market involves inherent risks. The trading and investment ideas shared by Riddhi Siddhi Share Brokers are for educational purposes only and do not constitute financial advice. Investors are encouraged to consult SEBI-registered financial advisors before making any investment decisions. Riddhi Siddhi Share Brokers does not guarantee returns, and past performance is not indicative of future results. The views expressed are personal and may not be suitable for all investors.
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