The stock market Today closing on March 21, 2025, brought cheer to investors as Indian shares wrapped up the day in the green. Despite a shaky start, both the BSE Sensex and Nifty 50 climbed steadily, driven by strong performances in power and metal stocks. It was a fitting end to a week that saw its share of ups and downs, leaving traders hopeful for more gains ahead.
Sensex and Nifty Bounce Back
At the stock market Today closing, the BSE Sensex gained 539.50 points, a 0.75% rise, settling at 72,641.19. The Nifty 50 also joined the party, climbing 172.85 points or 0.79% to close at 22,011.95. The day started on a sour note, with the Sensex dipping to 72,643.35, down 541.66 points, and the Nifty at 22,006.70, down 167.60 points. But buyers stepped in, turning things around by the close.
- Nifty Bank’s Rise: The banking index jumped 374 points, up 0.81%, ending at 46,684.90.
- Sector Gains: Power and metal stocks led the rally, with realty and industrials also shining.
Also check:- Volatile Trading Day: market Swings Leave Investors Uncertain
Who Led the Charge?
The stock market closing saw some big names driving the gains. NTPC topped the Sensex pack, soaring 3.47% to 324.75, while PowerGrid followed with a 3.19% rise to 273.20. Tata Steel and IndusInd Bank both gained 2.88%, closing at 149.90 and 1483.05, respectively. On the Nifty, BPCL, NTPC, and Tata Steel were among the top performers, showing strength in energy and metals.
- Biggest Losers: Bharti Airtel took a hit, dropping 0.80% to 1222.10, alongside Maruti and ICICI Bank, both down 0.24%.
- Market Breadth: Out of the Sensex stocks, most ended in the green, with only a few like Bharti Airtel
What Fueled the Rally?
The stock market closing was boosted by a mix of global and local factors. Wall Street’s record highs the previous day set a positive tone, with the S&P 500, Dow, and Nasdaq all hitting new peaks. At home, investors poured money into power and metal stocks, betting on steady demand. The Nifty Bank index also played its part, reflecting confidence in the banking sector.
- Global Cues: US markets soared after the Federal Reserve signaled three rate cuts for the year, lifting spirits worldwide.
- Sector Strength: Power stocks like NTPC and PowerGrid surged, while metal stocks rode high on global demand hopes.
