Indian Stock Market Movement Report - March 31, 2025
Market Status: Closed for Eid-ul-Fitr
As of today, Monday, March 31, 2025, the Indian stock market, including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), is closed in observance of Eid-ul-Fitr (Ramzan Id). This holiday marks the end of Ramadan and is determined by the sighting of the crescent moon, with the official closure confirmed by the NSE and BSE holiday calendars for 2025.
Holiday Details: Trading is suspended across all segments, including equities, equity derivatives, securities lending and borrowing (SLB), and currency derivatives. The commodity derivatives segment on the Multi Commodity Exchange (MCX) remains closed in the morning but will operate from 5:00 PM to 11:30/11:55 PM IST.
Context from Recent Market Activity
Since no trading is occurring today, let’s review the Indian stock market’s performance based on available context up to the last trading day, Friday, March 28, 2025. The financial year 2024-25 (FY25) concluded with the BSE Sensex and NSE Nifty 50 posting a 5% gain for the year, despite a challenging period of five consecutive months of losses from October 2024 to February 2025. A strong rebound in March 2025 helped reverse earlier declines.
On March 28, the last trading day of FY25, the Sensex closed at 77,414.92, down 191.51 points (0.25%), reflecting a slight dip amid volatile trading. The Nifty 50 also ended lower, though exact figures for that day are not fully detailed here. This minor decline came after a robust seven-day rally earlier in March, which saw the Sensex climb over 5.6% (4,302.47 points) and the Nifty rise similarly since March 17.
Key March Trends: The market saw a recovery driven by improved macroeconomic indicators, renewed foreign portfolio investor (FPI) interest (net buying of ₹31,000 crore in the last six sessions), and attractive valuations after corrections. However, concerns over U.S. reciprocal tariffs, effective April 3, introduced uncertainty.
Market Sentiment and Outlook
Despite the holiday closure today, investor sentiment remains cautiously optimistic. The rally in March 2025 turned the Nifty 50 positive for the year, erasing earlier losses. Analysts suggest that large-cap stock valuations have become appealing, with the Nifty’s forward price-to-earnings (PE) ratio dropping below its 10-year average. However, sustainability is questioned due to ongoing FPI net selling earlier in the month (₹15,000 crore) and potential tariff impacts.
The Reserve Bank of India’s liquidity measures and anticipated government spending are seen as positive catalysts, though global factors like a softer U.S. dollar and declining oil prices provide mixed support amid trade uncertainties.
Next Trading Day
Trading will resume on Tuesday, April 1, 2025, marking the start of the new financial year (FY26). Investors are advised to monitor U.S. tariff developments, FPI flows, and domestic economic data, which could influence market direction post-holiday.
Note: This report is based on available context up to March 28, 2025, as no trading data exists for today due to the market holiday. All information is original and compiled for educational purposes.
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