12th March 2025

Highlights

The market closed in the red as the Nifty 50 dipped 0.12% and BSE Sensex slipped 0.10%. Nifty Private Bank led sectoral gains, rising 0.73%. Balrampur Chini Mills jumped 8.07%, while Indegene tumbled 9.52%, making it the biggest loser.

Headline Indices

Sectors at a Glance

Top Gainers

Company	Today’s Chg	LTP
Nifty Private BankNIFTY PVT BANK	+0.73%+173.05	23990.25
Nifty Healthcare IndexNIFTY HEALTHCARE	+0.58%+75.95	13107.90
Nifty Financial ServicesNIFTY FIN SERVICE	+0.54%+124.55	23327.90

Top Losers

Company	Today’s Chg	LTP
Nifty MediaNIFTY MEDIA	-1.53%-22.70	1459.75
Nifty RealtyNIFTY REALTY	-1.65%-13.65	815.05
Nifty ITNIFTY IT	-2.91%-1089.45	36310.65

*Prices shown may have delay up-to 15 minutes

What moved the market?

Top Gainers

Company	Today’s Chg	LTP
Balrampur Chini Mills Ltd.BALRAMCHIN	+8.07%+36.35	486.95
KEC International Ltd.KEC	+5.60%+37.90	714.60
BSE Ltd.BSE	+5.37%+204.65	4014.40
NLC India Ltd.NLCINDIA	+4.57%+10.03	229.31
IndusInd Bank Ltd.INDUSINDBK	+4.38%+28.75	684.70

Top Losers

Company	Today’s Chg	LTP
Indegene Ltd.INDGN	-9.52%-55.00	522.55
Firstsource Solutions Ltd.FSL	-7.41%-24.55	306.80
Bharti Hexacom Ltd.BHARTIHEXA	-6.36%-92.25	1357.40
L&T Technology Services Ltd.LTTS	-5.43%-252.10	4390.65
Anand Rathi Wealth Ltd.ANANDRATHI	-4.96%-86.35	1652.85

*Prices shown may have delay up-to 15 minutes

India VIX₹13.69 -2.70%

Nifty Midcap 150₹18,014.25 -0.51%

Nifty Smallcap 250₹14,193.65 -0.27%

Put Call Ratio of Nifty 50 (expiry: 13th Mar) is 0.87

Top News of the day

• India’s edible oil imports fell to 0.89 MT in February, the lowest since May 2020, due to a 34% drop in palm oil imports. Meanwhile, soybean and sunflower oil imports rose 70%, shifting the market share from palm oil to soft oils.
• India’s exports face challenges from global tariff wars, with orders slowing due to US reciprocal tariffs. The government is considering export incentives and a mechanism to boost export credit with reduced or no collateral, focusing on MSMEs and alternative financing.
• India’s economic activity index (EAI-GVA) fell to a 27-month low of 4.5% in January from 5.4% in December 2024, mainly due to slow services sector growth, while agriculture and industry remained strong.
• India’s power demand surged past 220GW in March due to rising temperatures, especially in the northern region, as increased cooling appliance usage, particularly in commercial spaces, drove higher electricity consumption.

Market Highlights

SEPC Ltd.₹15.34 +19.84%

The company executed a ₹2,200 crore agreement with ROSHN Group Company, Riyadh, to carry out infrastructure works in the Kingdom of Saudi Arabia.

Adani Green Energy Ltd.₹853.45 +3.55%

Adani Solar’s subsidiary commissioned a 250 MW solar project in Kadapa, Andhra Pradesh, raising AGEL’s total renewable capacity to 12,591.1 MW. 

PB Fintech Ltd.₹1,405.70 -4.31%

PB Fintech will invest up to ₹696 crore in PB Healthcare Services in FY25-26, raising its stake to 33.63%, to support operating expenses, brand growth, office expansion, and strategic initiatives.

Tata Consultancy Services Ltd.₹3,506.20 -1.93%

TCS is acquiring Darshita Southern India Happy Homes for ₹2,250 crore to expand its delivery center. The property is under development, with no revenue yet, and TCS holds a call option after two years to acquire 100% equity shares in the entity.

Godrej Agrovet Ltd.₹733.60 -0.34%

Godrej Agrovet’s board approved the acquisition of the remaining 48.06% stake in Creamline Dairy for ₹930 crore, making it a wholly owned subsidiary to strengthen its position in the dairy business.

Corporate Actions