BSE Sensex was trading at 74,365.51, up 33 points or 0.044%. Nifty50 w….

BSE Sensex was trading at 74,365.51, up 33 points or 0.044%. Nifty50 was at 22,574.35, up 22 points or0.097%. Following three weeks of decline, markets rebounded strongly with nearly 2% gains last week. The upcoming trading week will be shorter due to holidays, with traders focusing on global developments amidst limited domestic events. Important points to watch for include updates regarding tariff discussions, geopolitical situations, and their effects on US dollar movements and crude oil pricing. The trend of FII selling in India continued in early March, too. But there are signs of slight decline in the intensifying in the last couple of days. Up to March 7th FIIs have sold equity for Rs 24753 crores taking the total equity selling in CY 2025 to Rs 137354 crores. US equities closed higher on Friday, recovering from early losses after Federal Reserve Chair Jerome Powell’s positive economic assessment, despite trade policy uncertainties leading to the largest weekly drop in months. Asian equities declined on Monday, affected by US growth concerns and China’s inflation falling negative for the first time in a year. Gold prices increased slightly, supported by a weakening dollar and investors seeking safe-haven assets amidst global trade war concerns. Market participants awaited additional indicators regarding the Federal Reserve’s position on interest rates. Foreign portfolio investors became net sellers at Rs 2,035 crore on Friday. Domestic institutional investors purchased shares worth £2,320 crore.

Leave a Comment