7th March 2025: Indian equity indices Sensex and Nifty ended nearly flat on Friday, reversing early gains due to growing concerns over the global trade war. The BSE Sensex declined by 7.51 points to close at 74,332.58, after reaching an intraday high of 74,586.43. The broader NSE Nifty edged up by 7.80 points to settle at 22,552.50.
The market remained volatile as uncertainty around US tariff impositions and retaliatory measures weighed on investor sentiment. Vinod Nair, Head of Research at Geojit Financial Services, pointed out that emerging markets, including India, have seen significant outflows amid this global uncertainty.
Among Sensex gainers were Zomato, IndusInd Bank, NTPC, Infosys, and HCL Technologies, while Reliance Industries, Nestle India, Tata Motors, and Adani Ports were among the laggards.
Asian markets closed lower, and European markets also trended downward during mid-session. Meanwhile, global oil prices rose, with Brent crude increasing 1.32% to USD 70.38 per barrel.
Foreign Institutional Investors (FIIs) sold equities worth Rs 2,377 crore, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 1,617 crore.
Despite global trade tensions, India’s stock market has shown resilience, with corporate earnings recovery expected to improve domestic sentiment.
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