The Sensex closed 72.56 points, or 0.10 percent, lower at 74,029.76 in the previous session, while the Nifty 50 ended 27.40 points, or 0.12 percent, lower at 22,470.50.
Today’s March 13, 2025, stock markets: On Thursday, the penultimate trading day of this week, the Indian benchmark indices, the Nifty50 and Sensex, are expected to respond to January industrial production and February inflation data, as well as FIIs and a variety of international cues.
Notably, on Friday, March 14, 2025, the Indian stock markets will be closed due to the Holi festival.
Nevertheless, GIFT Nifty Futures had a flat to positive opening as of 6:52 AM, up 23 points at 22,553.
Also Read : Today’s Nifty 50 and Sensex: What to anticipate from the March 12 Indian stock market
Investors will be watching the Nifty50 expiry today, which is expected to impact market volatility and trading sentiment. In the meantime, India’s retail inflation eased to a seven-month low of 3.61 per cent in February, primarily due to a slowdown in food prices, which fueled expectations of a repo rate cut by the Reserve Bank of India ahead of its April 7 meeting. Additionally, the Index for Industrial Production (IIP) showed factory output grew 5.01 per cent in January, driven by a 5.5% increase in manufacturing.
According to Motilal Oswal estimates, the Nifty 50 index is down 14.3% from its top, suggesting that Indian stocks may be reaching the end of their correction.
Since the US decided to slap additional 25% tariffs on steel and aluminum imports on March 12, steel stocks will be under scrutiny.
Due in part to market volatility and fewer working days, equity mutual fund inflows decreased 26% month over month in February to Rs 29,303 crore, the lowest since April 2024.
PFC is offering Rs 8,000 crore this week, while several major issuers, such as REC, NTPC, and Canara Bank, are expected to raise Rs 14,000 crore through bonds the next week.
Worldwide cues :
After two days of losses on Wall Street, Asia-Pacific markets rebounded Thursday after a weak US inflation report.
The US consumer price index grew 0.2 per cent month-on-month (M-o-M) in February, bringing the annual inflation rate to 2.8 per cent.
When we last looked, the Nikkei index was up 1%, and Topix was up 0.69 %.
The Kospi rose 0.74 percent, but the ASX 200 remained unchanged.
The US Nasdaq rose 1.22% as the inflation report reduced fears of a recession and increased the value of technology firms. The Dow Jones fell 0.2%, but the S&P 500 increased 0.49 percent. Major stocks like Nvidia (up 6.4%), Tesla (up 7%), AMD (up 4%), and Meta Platforms (up 2%), led gains despite a 3% decline in the tech sector so far this week.
FII and DII :
FII and DII net sold shares valued at Rs 1,627.61 crore and DII net purchased shares valued at Rs 1,510.35 crore on March 12.
IPO market :
Super Iron IPO (SME) will begin Day 3 of subscriptions, and PDP Shipping IPO (SME) will be allocated.