New Delhi:
The Indian stock market closed in a green mark on Thursday, March 27, on Thursday, 27 March, bypassing the new tariff (US tarif) imposed by US President Donald Trump. Most of the index of the market saw purchases. At the end of the trading, Sensex (SESEX) gained 317.93 points or 0.41 percent to 77,606.43 and NIFTY (NIFTY) 105.10 points or 0.45 percent to 23,591.95 at 23,591.95.
Trump tariff has no significant impact on the market
US President Trump has announced to impose 25 percent TRUMP TARIFF on all cars imported to America. However, it did not see any significant impact on the market.
There was also a purchase in the midcap index with largecap. The Nifty Midcap 100 index rose by 193.25 points or 0.37 per cent to 51,839.40 and the Nifty Smallcap 100 index with a gain of 183.10 points or 1.15 per cent to close at 16,119.85. The shares of auto companies declined after US President Donald Trump’s announcement of 25 percent tariff.
All except auto and pharma index closed in green mark
On sectoral basis, IT, PSU bank, financial services, FMCG, metal, realty, media, energy, private banks, infra and commodities were closed in green mark. The auto and pharma index are closed in the red mark.
These are today’s gainer and loser stocks
Listed shares on the Sensex were Bajaj Finserv, IndusInd Bank, NTPC, L&T, UltraTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, SBI, HDFC Bank, Titan and Tech Mahindra top gainers. Tata Motors, Sun Pharma, Kotak Mahindra Bank, Bharti Airtel, HCL Tech, M&M, Tata Steel, HUL and Maruti Suzuki were the top loosers.
According to experts, after a slow start due to the monthly expiry, the market saw recovery and it increased 105.10 points to close at 23,591.95.
Aditya Gaggar, director of Progressive shares, said, “It seems that the correction face of the index has been completed, has filled the gap of fast and made piercing candlestick pattern. The level of obstruction for the market is at 23,800 and the breakout index above this level can be moved to a psychological level of 24,000.