The benchmark BSE Sensex closed at 930.67 points or 1.22% at 75,364.69, while the comprehensive Nifty 50 index closed at 22,904.45, 345.65 points or 1.49% below.
Here’s how analysts read the market pulse:
US Vinod Nayar, the head of the change, said, “The implementation of high-certain US tariffs has had a significant impact on global markets, investors evaluate the widespread effects, as GeoGit investment research chief Vinod Nair said,” The US is more likely to have a change in resort and the prospect of a change.
“Locally, when the direct impact of this tariff is relatively moderate in comparison to other large economy, it is more noticeable than initially. With Q4 approaches, there is a gradual improvement in corporate operations. The prevailing weak market spirit indicates that the phase of consolidation continues in the near term,” Nair added.
US
Wall L Street sank on Friday for the second consecutive day, with the entry of Nasdaq joint bear market and the Dow Jones fell into the Industrial Dysfunction area of the average improvement, as the highest loss of global trade war was accelerated.
Living events
Nasdaq fell 5.82%, Dow fell 5.50%, and the S&P 500 sank.
European markets
European stocks fell on Friday, the benchmark stocks 600 and Germany’s DX correction sector, as the U.S. The fear of the global recession run by the rising trade war from China’s response to tariff sweep was further.
The Pan-European StokesX 600 index closed 5.1%, marking its most severe daily reduction from the Kovid-19-run celloff in 2020. The index is now down nearly 12% of its March 3 record, which confirms the improvement.
Technical view
DEA, a senior technical analyst at LKP Securities, said that the Nifty has disrupted the consolidation on the Daily Chart, which was indicated in which the bearishness was initially supported at a crucial 22,900 level, said LKP Securities’s senior technical analysis.
“If the Nifty falls below 22,900, it can move towards 22,676. At the high end, resistance is found at 23,100. The step above 23,100 will provide a clear signal for a strong uptrend,” DE said.
Most active stocks in terms of turnover
HDFC Bank (0 3,059 crore), Reliance Industries LTD (₹ 2,161 crore), BSE (10 2,109 crore), TCS (1,764 crore), Tata Motors (1,650 crore), BJJ Finance (1,611 CROR), and 1,611 crore. 1,576 CORS) BSE in terms of value. The turnover in the counter usually indicates the interest and business activity of investors.
The most active stocks in terms of volume
Vodafone Idea (47.51 crore shares), Yes Bank (11.12 crore), Tata Steel (8.08 crore), IDFC First Bank (5.59 crore), Suzlon Energy (5.18 crore), Zomato (82.825 crore), and Semarana Miters International (4.15 crore) Crores).
Stocks showing the purchase interest
Shares of Emami, Rainbow Children’s Medicare, Maryco, Interglob Aviation, Sundaram Finance, Tata Consumer and Max Financial Services were in stocks in which the strong interest in buying from market participants.
52-weekly S Niglia and Low
On Friday, more than 66 stocks reached their 52-week .This, while 89 stocks slipped to their 52-week low.
Stokes by looking at the pressure of sale
Sales of sales include Hindustan Copper, Nalco, Vedanta, Tata Steel, Poly Medicure, Bharat Forge and Hindalco.
Sentiment meter: Berish
The spirit of the market remained in vain. Of the 4,076 stocks trading on the BSE on Friday, 2,923 stocks fell, 1,029, while 124 stocks remained unchanged.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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