Indian Stock Market Today: Sensex and Nifty Gain, IT Stocks Surge

Date: 05-mar-2025

Indian Stock Market Today: Sensex and Nifty Start Higher

Stock Market Opening on March 5, 2025

The Indian stock market opened on a positive note, with both the BSE Sensex and Nifty 50 showing early gains. Investors reacted to global market trends and sector-specific developments, particularly in the IT and mid-cap sectors.

Key Market Indices

• SENSEX: 73,154.25 (+164 points, +0.23%)
• NIFTY 50: 22,127.25 (+45 points, +0.20%)

Sector Performance

• IT Stocks: The NIFTY IT index gained 1.2%. Coforge surged 5.7% after securing a $1.56 billion deal.
• Mid-cap & Small-cap: Mid-cap index rose by 0.8%, and the small-cap index gained 0.5%, showing broader market participation.

Top Gaining Stocks

• Coforge: +5.7% (IT sector boost)
• Hindalco: +3.2% (Metal stocks rally)
• Force Motors: +4.1% (Auto sector growth)

Global Market Influence

Asian markets remained positive, with the MSCI Asia ex Japan index rising by 1%. Speculation over possible U.S. tariff relief on Canada and Mexico contributed to global market optimism.

Expert Stock Recommendations

• Force Motors: Buy near ₹7,150 | Target ₹8,200 | Stop Loss ₹6,625
• GMR Airports: Buy near ₹48.50 | Target ₹56 | Stop Loss ₹45.50
• Hindalco: Buy near ₹450 | Target ₹520 | Stop Loss ₹425

Conclusion

The Indian stock market showed resilience, with IT and mid-cap stocks leading gains. Investors should keep an eye on global economic trends and upcoming policy decisions affecting the market.

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