Sensex & Nifty 50 End Mixed on March 3, 2025: Reliance Drops, Auto Stocks Rise

Date: 03-mar-2025

Market Performance at Closing Bell

On March 3, 2025, the Indian stock market saw a mixed session with early optimism fading due to global trade concerns and sector-specific fluctuations. The BSE Sensex opened strong but reversed gains, while the NSE Nifty 50 closed with slight losses.

Sensex & Nifty 50 Performance

• BSE Sensex: Touched an intraday high of 73,613 before closing lower.
• NSE Nifty 50: Opened at 22,229 but faced selling pressure.

Key Market Movers

Reliance Share Price Declines

Reliance Industries faced a sharp 3.7% drop after its subsidiary, Reliance New Energy Ltd., missed a key deadline for its battery cell plant, leading to potential fines of ₹125 crore. This marked the stock’s worst single-day fall in five months.

Auto Stocks See Positive Gains

• Mahindra & Mahindra (+2.1%) and Eicher Motors (+2.5%) rose on strong sales figures.
• Investors showed confidence in the automotive sector amid demand recovery.

IT Sector Rebounds

After a seven-day decline, the Nifty IT Index gained 0.8%, driven by global IT growth forecasts, with Salesforce reporting positive earnings guidance.

Global Factors Impacting the Market

The market sentiment was affected by ongoing global trade tensions, including new U.S. tariffs on imports from China, Mexico, and Canada. Investors are monitoring potential economic impacts.

🔄 Read More

⬅ Previous: Reliance Share Price Falls 3% as Battery Unit Faces ₹125 Crore Fine

Date: 03-Mar-2025

Reliance Faces Setback in Battery Manufacturing Reliance Industries Limited (RIL) witnessed a sharp...

Next: Sensex & Nifty Drop as Global Stocks Fall Amid Trump’s New Tariffs ➡

Date: 04-Mar-2025

Stock Market Opening Update – March 4, 2025 The Indian stock market opened in the red on March ...