POST-MARKET SUMMARY 28th March 2025

On March 28, the first day of the new April series, the benchmark indices ended lower amid high volatility, with Auto and IT stocks under pressure due to concerns over upcoming US tariffs. The market opened flat, reflecting weak global cues, and experienced a lacklustre first half. However, in the second half, broad-based selling across sectors dragged the Nifty to 23,450, though it managed to close above 23,500 due to final hour buying.

 Sectorally, except for FMCG, Financial Service, Private Bank, all other indices ended in the red, with IT, auto, realty, and media down by 1-2%.

NIFTY: The index opened flat at 23,600 and made a high of 23,649 before closing at 23,519. Nifty has formed a bearish candle on the daily chart. Its major resistance level is now placed at 23,650 while its major support is at 23,400.

 BANK NIFTY: The index opened 33 points higher at 51,608 and closed at 51,564. Bank Nifty has formed a bearish candle on the daily chart. Its major resistance level is now placed around 51,800 while major support is around 51,300.  

Stocks in Spotlight

▪  BHEL: Stock jumped over 3% after securing a Letter of Intent from Chhattisgarh State Power Generation Company for a project worth Rs 11,800 crore.

▪  Kesoram Industries: Stock fell over 5% following a large block deal involving 3.5% of its equity, making it one of the most-traded stocks by volume.

▪  BSE: Stock soared close to 17% after the National Stock Exchange (NSE) decided to defer its plan to shift the expiry day for derivatives contracts from Thursday to Monday.

Global News 

▪  US stocks traded sharply lower on Friday, with significant declines across major benchmarks as investors assessed the impact of new tariffs and processed the latest PCE report.

▪  Asian markets took a hit on Friday, with major benchmarks falling up to 0.65% after snapping a two-day rally. The decline was driven by broad-based selling across sectors.

▪  European markets extended losses for a third consecutive session on Friday, with key benchmarks falling by 0.4%-0.5%, reaching levels not seen in nearly two weeks.

This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as

i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or

ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or

iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.

With Liquide, you can explore stocks, trade securely in your own broker account, and receive expert-recommended trade setups. Stay updated with real-time tracking, market commentary, and AI-powered insights from LiMo, our intelligent bot. Whether you're a seasoned investor or a newbie, Liquide provides the tools you need to discover your next big investment opportunity. Download the app now from Google Play Store and Apple App Store to revolutionize your investment journey. Don't miss out on the chance to level up your investing game with Liquide.