Stock Market Today: Nifty and Sensex Rebound Amid Financial Sector Gains

Market Performance

On March 27, 2025, Indian equity indices Nifty and Sensex rebounded following losses in the previous session. The Sensex increased by 317.93 points (0.41%) to close at 77,606.43, while the Nifty rose by 105.10 points (0.45%), ending at 23,591.95.

The broader markets also saw gains, with the Nifty Midcap 100 rising 0.4%, while the Nifty Smallcap 100 outperformed with a 1.2% increase. Market breadth remained weak, with 1,640 stocks advancing, 2,234 declining, and 80 remaining unchanged.

Key Developments

The upward movement was driven by strong buying in heavyweight financial institutions, including HDFC Bank, ICICI Bank, and Bajaj Finance. Gains from these sectors offset losses in the auto industry, which faced pressure following the announcement of new U.S. tariffs.

The auto sector, particularly Tata Motors, experienced significant declines. Tata Motors dropped 5.5% due to concerns about a 25% tariff on auto imports imposed by the U.S. The tariff is expected to impact Tata Motors' subsidiary, Jaguar Land Rover, which derived approximately 23% of its fiscal year 2024 revenue from the U.S. market.

In addition to the auto sector, the Nifty Pharma index declined by 0.4%, reflecting concerns over potential future trade measures affecting pharmaceutical exports.

Sectoral Performance

• Gainers: Nifty PSU Bank index led the sectoral performance with a gain of 2.32%, followed by Nifty Realty, Nifty Media, and Nifty Energy, all of which recorded increases between 0.5% and 1.25%.
• Losers: The Nifty Auto index fell by 1.12%, while the Nifty Pharma index dropped by 0.34%.

Company Highlights

Tata Motors was the biggest loser, declining by 5.5%, mainly due to the anticipated impact of the U.S. tariffs on auto imports. JB Chemicals also dropped by 5.5% following a block deal in which approximately 90 lakh shares, accounting for 5.78% of the company's stake, changed hands.

Conversely, Hero MotoCorp, IndusInd Bank, Bajaj Finserv, NTPC, and HDFC Life were among the session's top gainers.

Summary

Indian equity markets saw a positive rebound on March 27, 2025, led by gains in financial stocks. The overall market displayed resilience despite downward pressure on auto and pharma sectors due to U.S. tariff concerns. Broader markets, especially smallcap stocks, outperformed the benchmark indices. Market participants closely monitor ongoing U.S.-India trade discussions for future guidance on bilateral trade relations and their impact on domestic equities.