Indian Stock Market Ends Four-Day Rally as Global Trade Tensions Loom
Sensex and Nifty opened lower on March 21, 2025, after hitting record highs the previous day, with analysts maintaining a cautiously optimistic outlook.
- Sensex and Nifty closed at record highs on March 20, 2025, driven by strong performances in media, IT, and real estate stocks.
- Key stocks like Bharti Airtel, Titan, and Eicher Motors were among the top gainers during the rally on March 20.
- Analysts highlighted bullish technical indicators, including a Belt Hold candlestick pattern, suggesting further growth potential for the indices.
- On March 21, 2025, the market opened in the red, halting a four-day rally, with IT and telecom stocks leading the decline.
- Global trade tensions, including US tariffs on India set to begin April 2, 2025, have introduced uncertainties, though bilateral trade negotiations are ongoing.