Top Gainers and Losers on March 11, 2025: Markets Rebound, Nifty Closes Higher; IndusInd Bank Drops 27%

On March 11, 2025, Indian stock markets recovered despite global market concerns and recession fears in the US. Gains in Reliance Industries, ICICI Bank, and Bharti Airtel helped lift sentiment.

The BSE Sensex opened 371 points lower and touched a low of 73,664. However, steady buying interest pushed it into positive territory, reaching a high of 74,187. By the end of the day, the Sensex closed almost flat at 74,102, down just 13 points.

Meanwhile, the NSE Nifty 50 fluctuated within a 200-point range. It fell to 22,315 before rebounding to a high of 22,522 and finally settled at 22,498, up 38 points.

Here are the list of top gainers and losers of the day: 

Top Gainers of the Day

Symbol Open High Low LTP %chng
TRENT 4,739.70 5,045.00 4,722.95 4,998.00 4.13
BPCL 255.99 264.97 254.35 264.7 3.02
SUNPHARMA 1,616.10 1,663.60 1,605.35 1,657.00 2.82
BEL 271.95 278.5 269.05 277.58 2.49
ICICIBANK 1,217.20 1,248.00 1,217.20 1,244.15 2.41

Trent

Trent shares opened at ₹4,739.70, touched a high of ₹5,045.00, and gained 4.13%, leading the gainers’ list.

BPCL

BPCL stock rose 3.02%, reaching ₹264.97 after opening at ₹255.99.

Sun Pharma

Sun Pharma surged 2.82%, opening at ₹1,616.10 and peaking at ₹1,663.60.

Bharat Electronics (BEL)

BEL saw a 2.49% rise, hitting ₹278.50 after opening at ₹271.95.

ICICI Bank

ICICI Bank gained 2.41%, touching ₹1,248.00 during the session.

Top Losers of the Day

Symbol Open High Low LTP %chng
INDUSINDBK 810.45 810.45 649 656.8 -27.06
INFY 1,680.00 1,680.00 1,637.05 1,667.00 -2.02
BAJAJFINSV 1,830.00 1,836.85 1,788.25 1,808.20 -1.75
M&M 2,684.75 2,685.00 2,613.15 2,657.85 -1.66
POWERGRID 270 271.85 265.85 267.65 -1.35

 

IndusInd Bank

IndusInd Bank suffered the biggest loss, tumbling 27.06% to ₹656.80 after opening at ₹810.45.

Infosys (INFY)

Infosys dropped 2.02%, opening at ₹1,680.00 and slipping to ₹1,667.00.

Bajaj Finserv

Bajaj Finserv declined 1.75%, touching ₹1,788.25 at its lowest point.

Mahindra & Mahindra (M&M)

M&M slipped 1.66%, closing at ₹2,657.85 after an intra-day high of ₹2,685.00.

PowerGrid

PowerGrid shed 1.35%, falling to ₹265.85 before closing at ₹267.65.

Conclusion

Despite early losses, Indian markets recovered, driven by banking and pharma stocks. However, IndusInd Bank’s sharp decline weighed on sentiment.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Arkade Developers Gains 4% as Promoter Buys 1 Lakh Shares; Secures ₹740 Crore Mumbai Project

Arkade Developers share price climbed 4.4% on the BSE, reaching an intraday high of ₹158.55. The rise came after the company’s promoter and director, Amit Mangilal Jain, purchased 1,00,000 shares through an open market transaction. This purchase represents 0.05% of the company’s total paid-up capital.

By 12:29 PM, the stock was trading 2.17% higher at ₹155.15, while the BSE Sensex was down 0.18% at 73,981.15. The company’s market capitalisation stood at ₹2,880.57 crore. The stock’s 52-week high is ₹190, while the 52-week low is ₹128.3.

Promoter’s Stake in Arkade Developers

As per the latest shareholding data for the quarter ending December 31, 2024, Amit Mangilal Jain held a 66.33% stake in the company.

New Redevelopment Project in Mumbai

Arkade Developers recently secured redevelopment rights for a housing society in Malad West, Mumbai. The company expects this residential project to generate revenue of ₹740 crore.

In a regulatory filing, Arkade Developers stated it has acquired redevelopment rights for “Nutan Ayojan,” a co-operative housing society. This project covers 6,858.90 square meters and has a Gross Development Value (GDV) of approximately ₹740 crore.

The project will have a total RERA saleable carpet area of 2.33 lakh square feet, offering 408 homes. Out of these, 215 units will be available for sale, further expanding the company’s residential and commercial presence in Mumbai.

Arkade’s Growth Strategy

Amit Jain, Chairman and Managing Director of Arkade Developers, highlighted the company’s strategy to expand in high-growth micro-markets. This will be done through redevelopment projects, strategic acquisitions, and maximising the value of its land bank.

The company has completed 31 projects covering a total of 55 lakh square feet. Currently, over 20 lakh square feet are under development.

About Arkade Developers

Arkade Developers is a well-known real estate company focused on developing high-quality residential projects in Mumbai. With a strong track record, it has established itself as one of the city’s leading real estate firms.

Conclusion

Arkade Developers’ stock gained momentum following promoter buying and a new redevelopment project in Mumbai. With strategic expansions, the company aims for long-term growth.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Zomato Share Price in Focus As It Fall for 5th Day, Drops 11%

Zomato share price has been falling for 5 consecutive trading sessions due to weak market sentiment. Over the past 5 days, the stock has lost more than 11.23%.

On Tuesday, Zomato’s stock dropped another 5%, hitting an intraday low of ₹200 on the National Stock Exchange (NSE).

Stock Market Trends

The Indian stock market opened in the red on March 11. The BSE Sensex fell to 73,668 before recovering slightly. By 11:23 AM, the Sensex was down 188 points (0.25%) at 73,927.15, while the NSE Nifty 50 gained 33 points (0.15%) to trade at 22,426.65.

Zomato to Change Name to Eternal Ltd

Zomato’s shareholders have approved a special resolution to rename the company as Eternal Ltd. The change applies only to the corporate entity and will not affect the Zomato brand or app.

Along with the name change, shareholders also approved modifications to the company’s Memorandum of Association (MoA) and Articles of Association (AoA). The approval came through a postal ballot, as per company letters dated February 6 and 7.

This decision is part of Zomato’s long-term strategic vision. The voting results were published in the scrutinizer’s report on March 9.

Zomato’s Q3 FY25 Financial Results

Zomato reported a 57% drop in net profit, falling to ₹59 crore in Q3 FY25 from ₹138 crore in the same quarter last year. Sequentially, net profit declined 66.5% from ₹176 crore in Q2 FY25.

The profit decline was mainly due to higher expenses related to expanding its quick-commerce arm, Blinkit. Despite this, Zomato’s revenue surged 64.9% year-on-year to ₹5,405 crore in Q3, compared to ₹3,288 crore in Q3FY24. Quarter-on-quarter, revenue rose 12.6% from ₹4,799 crore in Q2FY25.

Conclusion

Zomato’s stock has taken a hit due to weak market conditions and falling profits. However, strong revenue growth and business expansion may attract long-term investors. The stock’s decline could present a buying opportunity for those looking at Zomato’s future potential.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

RBI to Inject Liquidity with $10 Billion Swap Auction on March 24

The Reserve Bank of India (RBI) has announced a new measure to increase liquidity in the banking system. On March 24, the central bank will conduct a $10 billion USD/INR Buy/Sell swap auction to provide additional funds to banks. This auction will have a 36-month tenure, according to an official RBI statement.

How the Swap Auction Works

The auction will function as a straightforward buy/sell foreign exchange swap. Banks will sell US dollars to the RBI now and agree to buy them back at the end of the swap period.

Market participants must submit bids indicating the premium they are willing to pay, expressed in paisa terms (up to 2 decimal places). The auction will follow a multiple-price format, meaning successful bids will be accepted at their quoted premiums. The highest bids will be prioritised, and those below the cut-off premium will be rejected.

Bid Requirements

  • Minimum bid size: $10 million
  • Bid Increments: Multiples of $1 million
  • Multiple bids: Eligible participants can submit multiple bids

Rupee Under Pressure

Ahead of the auction, the rupee weakened by 45 paise, closing at ₹87.33 on Monday—its sharpest single-day decline since February 25. The fall was driven by strong dollar demand due to maturing non-deliverable forward (NDF) positions and a drop in the Chinese yuan.

This swap auction is expected to help manage liquidity while stabilising the rupee against further depreciation.

Conclusion

With the rupee under pressure and liquidity tightening, RBI’s swap auction aims to ease funding conditions for banks. This move may help stabilise the currency and support market liquidity.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

HEG Share Price Rise 5% on ₹500 Crore Investment in Bhilwara Energy

HEG share price rose 5% in early trade on Tuesday after the company announced a fundraising update. The stock opened at ₹408 on the NSE, gaining over 5% from the previous close of ₹387.80. It later touched an intraday high of ₹416, rising more than 4.5% even as broader markets remained weak. The Nifty 50 index was down 0.5% due to weak global cues.

HEG’s Fundraising Announcement

On March 10, 2025, HEG’s board approved a ₹500 crore investment into its subsidiary, Bhilwara Energy Ltd (BEL). Singularity Growth Opportunities Fund will invest ₹250 crore initially, with an option to invest another ₹250 crore later.

The board also approved a share subscription and shareholders’ agreement between HEG, Singularity Growth Opportunities Fund II, Bhilwara Energy Ltd, and existing BEL shareholders. As part of the deal, BEL will issue 1.75 crore new equity shares with a face value of ₹10 each. After the allotment, Singularity and its affiliates will own a 9.6% stake in Bhilwara Energy.

Impact on HEG’s Shareholding in BEL

Currently, HEG holds a 49.01% stake in Bhilwara Energy. After the investment, its stake will be reduced to 44.30%. If Singularity exercises its option to invest another ₹250 crore, HEG’s holding may decrease further.

This strategic investment aims to strengthen Bhilwara Energy’s financial position and support its growth plans.

About HEG Ltd

HEG Ltd is a top producer and exporter of graphite electrodes in India. It runs the world’s largest single-site integrated graphite electrode plant. The company is part of the LNJ Bhilwara Group, which also operates in IT-enabled services, power generation, and textiles.

Conclusion

The investment in Bhilwara Energy is expected to enhance its financial strength and growth prospects. HEG’s reduced stake signals strategic capital restructuring for future expansion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Centum Electronics Share Price Surges 7% After QIP Launch

Centum Electronics share price rose 7.5% on the BSE, reaching an intraday high of ₹1,292 per share. The stock gained momentum after the company announced a Qualified Institutional Placement (QIP) at a floor price of ₹1,219.65 per share.

By 10:23 AM, the stock was trading at ₹1,277.55, up 6.4%, while the BSE Sensex was up 0.30% at 73,893.24. The company’s market capitalisation stood at ₹1,647.63 crore. The stock’s 52-week high was ₹2,400, and its 52-week low was ₹1,140.15.

Details of the QIP

As per Centum’s regulatory filing, the ‘Relevant Date’ for the QIP was March 10, 2025, with the floor price calculated based on SEBI guidelines at ₹1,219.65 per share.

A QIP allows companies to raise funds by issuing shares to institutional investors. The funds raised can be used to reduce debt, strengthen financial stability, and improve the equity base without adding liabilities.

Centum’s Business Focus

Centum Electronics specialises in advanced electronics solutions across industries like aerospace, defense, industrial electronics, and telecommunications. The company is known for its expertise in precision engineering, embedded systems, and electronic manufacturing services (EMS).

It plays a key role in mission-critical applications for defence, avionics, and space. Additionally, Centum contributes to industrial automation, power control systems, and telecom infrastructure. With a strong focus on R&D, the company serves both domestic and international markets.

Stock Performance in the Last Year

Over the past year, Centum Electronics’ stock has declined by 27%, while the Sensex has gained 0.8%.

Conclusion

Centum Electronics’ stock gained after the QIP launch, signalling investor confidence. With a strong focus on innovation and expansion, the company aims to strengthen its market position.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Paytm Share Price Gain 3% Despite Weak Market, ESOP Allotment Boosts Sentiment

Paytm’s parent company, One97 Communications, saw its share price rise by 3% on March 11 despite overall weak market conditions. At 9:33 AM, Paytm share price was trading at ₹685.75 per share.

Share Allotment Under ESOPs

The stock gained momentum after Paytm announced on March 9 that it had allotted 84,793 equity shares under its employee stock option plans. According to the regulatory filing, the board approved the issuance of shares with a face value of ₹1 each to employees who exercised their vested options under ESOP 2019 and ESOP 2008.

  • ESOP 2019: 84,377 shares allotted
  • ESOP 2008: 416 shares allotted at ₹9 per share

With this allotment, Paytm’s total issued and paid-up share capital increased from ₹63.76 crore to ₹63.77 crore.

Frequent ESOP Announcements

Paytm has been actively allocating ESOPs in recent months. In February, it allotted 1.36 lakh shares under ESOP 2019, and in January, it issued 2.03 lakh stock options under the same plan.

Financial Performance in Q3 FY25

On the financial side, Paytm reduced its net loss by 6% to ₹208.5 crore in Q3 FY25, compared to ₹221.7 crore in the same quarter last year. However, revenue from operations dropped by 36% to ₹1,827.8 crore, down from ₹2,850.5 crore in FY24.

Regulatory Challenges

Despite its efforts to improve financial performance, Paytm is facing regulatory scrutiny. The Enforcement Directorate (ED) recently issued a show cause notice to Paytm and two of its subsidiaries for alleged violations of FEMA regulations in transactions worth ₹611 crore.

Conclusion

While Paytm’s share price gained amid weak market conditions, its financial performance remains mixed, with revenue declining. Meanwhile, regulatory scrutiny continues to pose challenges.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nazara Technologies Expands into Short-Form Video with ReelSaga Investment

Nazara Technologies is stepping into the short-form video space by investing $250,000 (₹ 2.17 crore) in ReelSaga Innovations Private Limited. This investment gives Nazara a 3.57% stake in the company, marking its entry into the growing short-form drama segment.

ReelSaga’s Focus on Bite-Sized Content

Founded in 2024, ReelSaga is designed for India’s mobile-first audience, offering short, serialised videos that last one to 2 minutes. The platform will generate revenue through microtransactions and premium subscriptions, targeting high-spending users.

Nazara’s Broader Strategy in Digital Media

Nazara’s move into short-form drama aligns with its larger goal of combining gaming and digital entertainment. Its esports arm, Nodwin Gaming, has previously invested in Rusk Media, which has created over 25 serialised content projects for major streaming platforms. Nodwin and Rusk also partnered on “Playground,” a gaming entertainment show now in its fourth season on Amazon MX Player.

Other Recent Acquisitions

Nazara has been expanding its presence in influencer-driven content. It recently acquired a 10.77% stake in influencer marketing platform Kofluence for ₹32.4 crore. In 2021, it also acquired OpenPlay from Kofluence’s co-founder for ₹186.4 crore.

Growing Interest in Interactive Entertainment

Nazara’s interest in interactive storytelling is evident in its acquisition of UK-based Fusebox Games, known for its “Love Island” game and the upcoming “Big Brother” title. By blending short-form drama with interactive gaming, Nazara aims to offer engaging experiences for digital-first audiences.

As of March 11, 10:18 AM IST, Nazara Technologies share price is trading at ₹932.40, down 0.016% (₹0.15). The stock opened at ₹920.00, reached a high of ₹937.80, and a low of ₹920.00. The company has a market capitalisation of ₹8,160 crore and a P/E ratio of 106.81. It does not offer a dividend yield. The stock’s 52-week high is ₹1,117.00, while its 52-week low is ₹591.50.

Conclusion

With its investment in ReelSaga, Nazara Technologies is expanding beyond gaming into digital entertainment. By integrating short-form drama with interactive media, the company aims to capture India’s mobile-first audience and strengthen its position in the growing digital content market.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Mukesh Ambani’s Business Faces Challenges as US Trade Risks Rise

Mukesh Ambani, Asia’s richest businessman, is facing new challenges as US trade policies could impact his business empire. If former US President Donald Trump returns to power, changes in trade regulations may create obstacles for Indian companies, particularly Reliance Industries.

Trade Tensions Between the US and India

The US has criticised India’s high tariffs, and there are concerns that any trade dispute could affect multiple industries. American companies have struggled to expand in India due to restrictive regulations. If the US pushes for policy changes, large Indian companies like Reliance, which benefit from these restrictions, could lose their advantage.

Reliance Retail and Jio Platforms at Risk

Reliance has invested $50 billion in its retail and digital businesses since 2020. These businesses contribute significantly to its $200 billion market value and are preparing for stock market listings. However, the retail division is undergoing restructuring, and analysts have reduced its valuation.

Reliance’s Jio telecom service, with 500 million users, faces competition from Elon Musk’s Starlink, which may enter India without having to bid for telecom spectrum. If Starlink offers cheaper internet, Reliance could lose premium customers, affecting its revenues. Jio’s average revenue per user has grown by 12% over the past year but remains low at just over $2 per month.

Reliance’s Retail Business and Foreign Competition

Reliance Retail benefits from rules that limit foreign companies like Walmart and Amazon from directly selling products or offering heavy discounts. However, Trump’s recent meeting with Walmart CEO Doug McMillon suggests the US may push for regulatory changes. If Walmart’s Flipkart and Amazon gain more freedom in India, Reliance Retail could face stronger competition.

Oil Business Faces Geopolitical Uncertainty

Reliance’s traditional oil and chemicals business is also under pressure. Ambani previously secured deals to buy Venezuelan crude oil despite US sanctions, but future deals may be tougher. The company has relied on cheaper Russian oil, but Trump may push India to buy more expensive American oil, which could reduce Reliance’s refining profits.

Additionally, China’s increased supply of petrochemicals is lowering global prices, making it difficult for Reliance to maintain high-profit margins.

Succession Planning and Future Investments

Reliance is currently transitioning leadership to Ambani’s children. His youngest son, Anant Ambani, leads the energy division and is responsible for the company’s $9 billion investment in renewable energy. However, its battery factory has missed a key performance goal, and the Indian government is demanding compensation due to missed targets under an incentive program.

Conclusion

Reliance faces hurdles from US trade policies, foreign competition, and internal challenges. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Top Gainers and Losers on March 10, 2025: PowerGrid Leads, ONGC Drops

Equity benchmark indices erased gains in late noon trade, influenced by weakness in US stock futures. After-market trends showed Dow futures down by 400 points, while the tech-heavy NASDAQ futures declined over 1% (250 points) due to uncertainties surrounding Trump-era tariffs.

Domestically, the BSE Sensex surged 407 points to an intra-day high of 74,741 but faced sharp selling pressure, dropping over 700 points to touch a low of 74,022. The index eventually closed at 74,115, down 217 points or 0.3%.

Similarly, the NSE Nifty 50 touched a high of 22,677 and a low of 22,429 before ending the session at 22,460, registering a loss of 92 points or 0.4%.

Top Gainers of the Day

Symbol Open High Low LTP %chng
POWERGRID 261.05 274.25 261.05 271.25 3.02
HINDUNILVR 2,208.00 2,267.15 2,194.65 2,246.50 1.9
INFY 1,686.00 1,719.00 1,676.20 1,700.05 0.83
NESTLEIND 2,239.20 2,274.00 2,155.10 2,247.00 0.38
ITC 401.05 406.85 400.4 404.8 0.22

Powergrid

Powergrid shares opened at ₹261.05, touched a high of ₹274.25, and gained 3.02%, leading the gainers’ list.

Hindustan Unilever

Hindustan Unilever shares rose by 1.90%, opening at ₹2,208.00 and reaching ₹2,267.15 during the session.

Infosys (INFY)

Infosys stock showed moderate gains, opening at ₹1,686.00 and climbing to ₹1,719.00, with a 0.83% increase.

Nestlé India

Nestlé India shares saw a slight uptick of 0.38%, trading at ₹2,247.00 after opening at ₹2,239.20.

ITC

ITC shares opened at ₹401.05, peaked at ₹406.85, and recorded a 0.22% gain by the day.

Top Losers of the Day

Symbol Open High Low LTP %chng
ONGC 232.89 235 222.48 223.29 -4.12
TRENT 4,990.00 4,997.85 4,787.75 4,794.45 -4.11
INDUSINDBK 895 913.35 881.1 901.95 -3.71
BAJAJ-AUTO 7,573.00 7,573.00 7,352.00 7,377.00 -2.61
EICHERMOT 5,123.00 5,130.00 4,970.65 4,972.50 -2.51

ONGC

ONGC shares opened at ₹232.89, dropped to ₹222.48, and declined by 4.12%, making it the biggest loser of the day.

Trent

Trent stock saw a 4.11% drop, starting at ₹4,990.00 and hitting a low of ₹4,787.75.

IndusInd Bank

IndusInd Bank shares opened at ₹895.00, fell to ₹881.10, and recorded a 3.71% decline.

Bajaj Auto

Bajaj Auto shares declined by 2.61%, opening at ₹7,573.00 and dropping to ₹7,352.00 during the session.

Eicher Motors

Eicher Motors shares saw a 2.51% fall, touching a low of ₹4,970.65 after opening at ₹5,123.00.

Conclusion

Market volatility persisted as global uncertainties weighed on sentiment. Defensive stocks like PowerGrid gained, while ONGC and Trent led the declines.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.