28 March 2025

Highlights

Indian equity benchmarks closed the final trading session of FY25 in the red, with the Nifty 50 declining 0.31% and the BSE Sensex falling 0.25%. Nifty FMCG led the sectoral gains, rising 0.59%. Among stocks, BSE Ltd. surged 16.98%, emerging as the top gainer, while Aegis Logistics tumbled 10.76%, making it the biggest loser of the day.

Headline Indices

Nifty 50
23,519.35 -72.60 (-0.31%)
BSE Sensex
77,414.92 -191.51 (-0.25%)
Sectors at a Glance

Top Gainers

CompanyToday’s ChgLTP
Nifty FMCG
Nifty FMCGNIFTY FMCG
+0.59%+313.20
53589.80
Nifty Financial Services
Nifty Financial ServicesNIFTY FIN SERVICE
+0.25%+63.75
25074.90
Nifty Private Bank
Nifty Private BankNIFTY PVT BANK
+0.15%+37.65
25733.35

Top Losers

CompanyToday’s ChgLTP
Nifty Realty
Nifty RealtyNIFTY REALTY
-1.42%-12.25
851.30
Nifty IT
Nifty ITNIFTY IT
-1.76%-662.15
36886.15
Nifty Media
Nifty MediaNIFTY MEDIA
-2.29%-34.65
1475.25

*Prices shown may have delay up-to 15 minutes

What moved the market?

Top Gainers

CompanyToday’s ChgLTP
BSE Ltd.
BSE Ltd.BSE
+16.98%+795.45
5479.80
Aster DM Healthcare Ltd.
Aster DM Healthcare Ltd.ASTERDM
+6.65%+30.15
483.50
Procter & Gamble Hygiene & Healthcare Ltd.
Procter & Gamble Hygiene & Healthcare Ltd.PGHH
+6.34%+810.70
13600.65
Atul Ltd.
Atul Ltd.ATUL
+5.84%+338.70
6136.60
Sumitomo Chemical India Ltd.
Sumitomo Chemical India Ltd.SUMICHEM
+5.47%+29.00
559.35

Top Losers

CompanyToday’s ChgLTP
Aegis Logistics Ltd.
Aegis Logistics Ltd.AEGISLOG
-10.76%-97.15
805.45
TVS Supply Chain Solutions Ltd.
TVS Supply Chain Solutions Ltd.TVSSCS
-7.31%-9.52
120.75
Indian Overseas Bank
Indian Overseas BankIOB
-6.66%-2.78
38.97
Mahindra Lifespace Developers Ltd.
Mahindra Lifespace Developers Ltd.MAHLIFE
-5.24%-16.55
299.05
Rajesh Exports Ltd.
Rajesh Exports Ltd.RAJESHEXPO
-5.09%-9.96
185.56

*Prices shown may have delay up-to 15 minutes

India VIX  closed at 12.72 🔻 4.36%

Put Call Ratio of Nifty 50 (expiry: 03rd Apr) is 0.78

Nifty Midcap 150Nifty Midcap 150₹19,120.35 -0.29%

Nifty Smallcap 250Nifty Smallcap 250₹15,104.05 -0.05%

Top News of the day
  • The government will raise ₹8 lakh crore via dated securities in H1 FY26, including ₹10,000 crore in Sovereign Green Bonds. RBI set the ways and means advances (WMA) limit at ₹1.50 lakh crore.
  • Tokyo’s inflation rose 2.4% in March, exceeding forecasts, fueling speculation of a Bank of Japan (BOJ) rate hike. Rising food costs, a weak yen, and wage concerns add pressure on policymakers.
  • Bank credit to industry grew 7.3% YoY in February 2025, down from 8.4% last year. Credit to services rose 13%, while personal loans growth slowed to 14%, RBI data showed.
  • Between April and February, the Indian government spent more than it earned, leading to a fiscal deficit of ₹13.47 lakh crore – about 86% of its full-year target. It collected ₹20.16 lakh crore in taxes, covering nearly 79% of its goal. The government has now set its fiscal deficit target at 4.8% of GDP for this financial year.
  • The Indian government will impose a 10% import duty on desi chana (Bengal gram) starting April 1, ending the duty-free policy that had been in place since May 2024 to boost supply and control prices.
  • The government has approved a ₹22,919 crore PLI scheme to boost electronics component manufacturing in India. It aims to attract ₹59,350 crore in investments, generate ₹4.56 lakh crore in production, and create 91,600 direct jobs.
Market Highlights

BSE Ltd.BSE Ltd.₹5,479.80 +16.98%

BSE shares surged 18% to an intraday high of ₹5,519 after SEBI’s proposal to regulate derivatives expiry. SEBI’s proposal suggests limiting derivatives expiry to either Tuesday or Thursday.

Zaggle Prepaid Ocean Services Ltd.Zaggle Prepaid Ocean Services Ltd.₹361.15 +4.79%

Zaggle Prepaid hit a 5% upper circuit at ₹361.85 after announcing the acquisition of a 51% stake in Effiasoft for ₹41.31 crore.

Bharat Heavy Electricals Ltd.Bharat Heavy Electricals Ltd.₹216.43 +1.14%

BHEL secures ₹11,800 crore EPC contract from Chhattisgarh State Power Generation Company for a thermal power plant in Chhattisgarh. The project was awarded through domestic competitive bidding.

Bharat Forge Ltd.Bharat Forge Ltd.₹1,169.15 +0.86%

Bharat Forge secured the largest domestic contract for advanced towed artillery gun systems with the Ministry of Defense, valued at approximately ₹4,140 crore.

Ashok Leyland Ltd.Ashok Leyland Ltd.₹204.22 -2.06%

Ashok Leyland secures defence orders worth ₹700 crore for troop transport and logistics vehicles.