Mumbai:

The BSE Sensex jumped 150.68 points to 78,167.87 in early trade on March 26, 2025, Wednesday. The NSE Nifty climbed 67.85 points to 23,736.50. The stock markets gave up early gains and slipped in the negative territory due to emergence of profit-taking.

Later, the 30-share Sensex traded 73.05 points lower at 77,928.26, and the broader Nifty quoted 37.55 points down at 23,631.10.

“Even with the April 2 reciprocal tariff day looming large the market has turned resilient indicating further upside. This will happen if the reciprocal tariffs are less stringent than feared.

Sensex pack laggards included, Infosys, Kotak Mahindra Bank, Tech Mahindra, Maruti, Bajaj Finance, Zomato, Axis Bank, NTPC, Larsen & Toubro, and Sun Pharma. Major gainers from the pack included Bajaj Finserv, Power Grid, Adani Ports, Mahindra & Mahindra, IndusInd Bank, and Bharti Airtel.

Hong Kong, Seoul, Tokyo, and Shanghai traded in the positive territory. The US stock markets settled higher on Tuesday. Foreign Institutional Investors (FIIs) purchased equities worth Rs 5,371.57 crore on Tuesday. Global oil benchmark Brent crude marginally gained 0.26 per cent to USD 73.21 a barrel.

“The fundamental support to the market comes from India’s improving macros and the FIIs turning buyers,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

The BSE benchmark appreciated 32.81 points to end at 78,017.19 on Tuesday. The Nifty eked out gains of 10.30 points to 23,668.65.

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