Nifty Bank’s Resilience Amid Market Volatility: How Will It Perform in March?

February proved to be a testing period for Indian markets, with the Nifty50 index witnessing a significant decline of 6%. However, Nifty Bank, which tracks the most liquid and large-cap banking stocks, displayed relative resilience, declining by only 2.51%. Despite this outperformance, the index extended its losing streak for the third consecutive month.

As a key benchmark for tracking the performance of the banking sector in India, Nifty Bank consists of a maximum of 12 companies listed on the National Stock Exchange (NSE). The index serves as a crucial indicator for investors and market participants assessing the capital market performance of Indian banks.

Market Performance on March 3, 2025: A Volatile Session

On March 3, 2025, Nifty Bank opened higher but struggled to break past the previous session’s high of 48,574.50 convincingly. On the downside, it momentarily dipped below its January swing low before bouncing back. By 2:36 PM, the index was down by 0.42%, yet it managed to hold above the crucial 48,000 level.

The market breadth reflected mixed sentiments, with 7 out of 12 banking stocks trading in the red, while 5 stocks showed gains. ICICI Bank and SBI played a key role in supporting recovery from lower levels, whereas HDFC Bank and Axis Bank exerted downward pressure on the index.

Historical Performance of Nifty Bank in March

A look at historical trends since 2015 reveals a varied performance for Nifty Bank in March. The index ended the month in negative territory on four occasions, including the steep 34.32% plunge in March 2020 during the COVID-19 crisis.

Conversely, there have been instances where Nifty Bank delivered impressive double-digit gains. Notably, in March 2016 and 2019, the index surged by 15.74% and 13.58%, respectively. This historical volatility raises a compelling question—will Nifty Bank rebound and end March 2025 in the green?

Conclusion 

While past performance offers insights, market movements depend on multiple factors, including macroeconomic developments, banking sector performance, and global market cues. Investors will closely watch whether Nifty Bank can break its losing streak and deliver a positive return this March.

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.

Nifty50 Extends Decline Amidst FII Sell-Off: Can March Offer a Respite?

Despite a promising start to the first trading session of March, the NSE benchmark Nifty50 is struggling to sustain gains, trading 0.20% lower and slipping below the 22,100 mark as of 2:05 PM. The downward trajectory of Indian equities has persisted for several months now, with February marking the 5th consecutive month of decline—its longest losing streak since 1996.

February witnessed a sharp 6% fall in the Nifty50 index, making it the worst February performance since the COVID-19 crash. The sell-off was largely attributed to the “Trump factor,” triggering a broad-based decline across sectors, with IT, auto, and pharma stocks bearing the brunt of the downturn.

FIIs Sell-off, Intensifying the Downtrend

Foreign Institutional Investors (FIIs) played a significant role in February’s market volatility. On February 28 alone, FIIs sold off Indian equities worth ₹11,639 crore—their largest single-day outflow for the month. Throughout February, they remained net sellers, offloading stocks worth ₹34,574 crore in total.

Out of the 20 trading sessions in February, FIIs were net buyers on only two occasions—February 18, when they invested ₹4,786.6 crore in domestic equities, and February 4, when they purchased shares worth ₹809.2 crore. Their sustained selling pressure has significantly impacted market sentiment, exacerbating the ongoing correction.

Can March Reverse the Trend? A Look at Historical Data

Historically, March has often favoured the bulls. Since the COVID-19 crash in 2020, the Nifty50 index has delivered positive returns in every March. The strongest performance came in 2022, when the index rose by 3.99%.

Looking at a broader timeframe, since 2009, the Nifty50 has closed in the red during March on just five occasions, whereas in 11 instances, it ended with gains. The highest recorded return was 10.75% in 2016, reinforcing March’s historical tendency to be a recovery month for equities.

Key Economic Data to Watch in March

March is also a pivotal month, with several crucial economic indicators set to be released. Investors will closely monitor these data points, ahead of the RBI’s policy decision in April.

  • Industrial Production (IIP) & Consumer Price Inflation (CPI): Scheduled for release on March 12, these figures will offer insights into the health of the domestic economy.
  • Wholesale Price Inflation (WPI): Expected on March 14, this will be a key metric for gauging inflation trends and assessing potential policy measures.

Conclusion

As markets navigate ongoing uncertainties, these economic indicators, coupled with global developments, will play a crucial role in determining the trajectory of the Nifty50 in March.

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.

HDFC Bank Share Price Falls 1.5%: A Historical Look at March Performance

HDFC Bank is the largest private sector bank in India in terms of both advances and deposits. As of Q2FY25, the bank’s net advances stood at ₹24,951 billion. With a vast retail presence, HDFC Bank holds a leading market share across various product lines. By the end of Q2FY25, the bank had an extensive network of 9,092 branches and a workforce of 2,07,000 employees.

HDFC Bank Share Price Movement

As of 1:07 PM on March 3, 2025, HDFC Bank’s share price was down by 1.52%. Despite this dip, the stock outperformed the Nifty50 index in February, delivering positive returns of 1.98%. However, on a year-to-date (YTD) basis, the stock has declined by 3.8% so far.

HDFC Bank has historically maintained a streak of positive annual returns, with the last negative yearly close recorded in 2013. Since then, the bank has delivered consistent gains, with the highest annual return of 55.23% seen in 2017.

March Performance: Historical Trends

Looking at its March performance over recent years, HDFC Bank’s share price has delivered positive returns between 2022 and 2024. However, during the COVID-19 pandemic in March 2020, the stock witnessed a sharp decline of 26.80%.

The stock’s 52-week high and low range stands at ₹1,421.25 and ₹1,880, respectively, reflecting its volatility in the given period.

Q3FY25 Financial Performance

HDFC Bank reported a 2.2% year-on-year (YoY) growth in its standalone net profit for the December 2024 quarter. The net profit stood at ₹16,736 crore, compared to ₹16,373 crore in the same period last year.

Net Interest Income (NII) Growth

For Q3FY25, the bank’s Net Interest Income (NII) grew by 7.7%, reaching ₹30,650 crore. This was an increase from ₹28,470 crore reported for Q3FY24.

Deposit Growth

The bank’s average deposits for the December 2024 quarter stood at ₹24,52,800 crore, marking a 15.9% YoY growth from ₹21,17,100 crore in the December 2023 quarter. Compared to the September 2024 quarter, deposits saw a 4.2% rise from ₹23,54,000 crore.

Asset Quality and Non-Performing Assets (NPAs)

HDFC Bank’s gross non-performing assets (GNPAs) stood at 1.42% of gross advances as of December 31, 2024. Excluding NPAs in the agricultural segment, the GNPA ratio was 1.19%. This was a slight increase from 1.36% in the September 2024 quarter.

Comparing YoY figures, the GNPA ratio stood at 1.26% in December 2023 (1.11% excluding agricultural NPAs). Meanwhile, net NPAs were recorded at 0.46% of net advances as of December 31, 2024.

Conclusion

HDFC Bank remains a dominant player in India’s banking sector, with a strong market presence and consistent financial performance. While its share price declined 1.5% on March 3, 2025, historical data suggests that the stock has maintained a track record of resilience. 

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.

Advait Energy Transitions: Allotment of Equity Shares and Securing Major Contract

Advait Energy Transitions Limited (formerly Advait Infratech Limited) has announced the allotment of 19,261 equity shares pursuant to the conversion of previously issued warrants. This development follows an earlier announcement made on 6th September 2024 regarding the issuance of 1,41,591 convertible warrants at ₹1,776 per warrant.

The conversion has been executed following payment of the required balance amount, leading to an increase in the company’s issued and paid-up equity share capital. The new equity shares will rank pari-passu with existing shares in all respects.

The share price of Advait Energy Transitions was trading down by 7% as of 1:01 PM. 

Breakdown of Share Allotment

Two non-promoter entities have subscribed to the newly allotted equity shares:

Investor Category Shares Allotted
GKA Estates Non-Promoter 11,261
Kundalia Vatsal Bhavesh Non-Promoter 8,000

Following the allotment, the company’s total issued equity capital now stands at ₹10,81,98,540, consisting of 1,08,19,854 equity shares of ₹10 each.

Preferential Issue Details

  • The allotment was executed through preferential issue, a method that allows the company to issue shares directly to a selected group of investors.
  • The issue price per share was ₹1,776, including a premium of ₹1,766.
  • The conversion was completed as the company received ₹2,56,55,652 (₹1332 per warrant) as the balance amount.

Advait Energy Transitions Secures Emergency Restoration Systems Order

In a separate corporate update, Advait Energy Transitions Limited has secured a significant order from Parbati Koldam Transmission Company Limited for the supply and servicing of Emergency Restoration Systems (ERS).

Project Scope and Details

The contract involves the procurement of Emergency Restoration Systems for:

  • 2 X 400 kV Single Circuit Parbati – Koldam Transmission Line
  • 400 kV Double Circuit Koldam – Ludhiana Transmission Line

The order is classified under domestic procurement and is expected to be executed within a 10-month timeframe.

Significance of Emergency Restoration Systems

Emergency Restoration Systems (ERS) play a crucial role in ensuring the rapid restoration of transmission lines following unforeseen disruptions. These systems enhance grid resilience and minimise downtime, making them an essential component of the power infrastructure.

Conclusion

The recent allotment of equity shares and the contract for Emergency Restoration Systems mark notable corporate developments for Advait Energy Transitions Limited. The company continues to expand its operational footprint while raising capital through strategic issuances. 

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.

Rainbow Children’s Medicare Receives Approvals for New Hospitals in Gurugram

Rainbow Children’s Medicare Limited has received the necessary approvals to proceed with the development of 2 new hospitals in Gurugram, Haryana. The approvals, granted by Haryana Shehri Vikas Pradhikaran (HSVP), Panchkula, mark a significant milestone in the company’s expansion strategy.

The share price of Rainbow Children’s Medicare was down by 0.69% as of 12:41 PM.  

Land Acquisitions in Prime Locations

The company had previously announced the acquisition of two land parcels—one in Sector 44 and another in Sector 56 of Gurugram. These plots, spanning approximately 2.32 acres and 1.23 acres, were procured from HSVP. Strategically located, these sites are well-positioned to enhance healthcare accessibility in the region.

Regulatory Approvals and Project Progress

With the building plans now sanctioned for the proposed hospitals at Plot No. 167, Sector 44, and Site No. 2, Sector 56, the company is actively mobilising resources. Key preparatory steps are underway, and construction is set to commence shortly. This marks a crucial step towards strengthening the company’s presence in the healthcare sector.

Financial Performance and Growth Trends

For the October–December 2024 quarter (Q3FY25), Rainbow Children’s Medicare reported a revenue of ₹398 crore, with a robust operating margin of 33% and a profit after tax of ₹68 crore.

During the quarter, the average revenue per occupied bed (ARPOB) was influenced by a high base effect and an increase in the average length of stay. However, the average revenue per patient (ARPP) has continued its upward trend, growing at a steady rate of 6-7% quarter-on-quarter.

Commitment to Healthcare Expansion

This expansion aligns with Rainbow Children’s Medicare’s vision of enhancing healthcare accessibility and strengthening its footprint in key urban centres. By investing in new hospitals, the company continues to focus on delivering high-quality paediatric and maternal healthcare services.

Conclusion

With the groundwork now in place, further updates on the project’s progress are expected in due course. Once operational, these hospitals are set to provide advanced medical infrastructure, catering to the growing healthcare demands in Gurugram.

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.

Women Now Make Up 25% of Investors and Hold 33% of Mutual Fund AUM

The Indian mutual fund industry has witnessed a remarkable transformation, with women now accounting for over 25% of individual investors and holding 33% of the individual assets under management (AUM), as per news reports.

This shift signifies not only greater financial independence but also a broader trend of financial inclusion. Women are taking a more proactive role in managing their investments, reshaping the landscape of wealth management.

Investors Beyond Big Cities Are Joining In

Another key trend is the participation of investors from beyond the top 30 cities in mutual funds. Financial awareness and accessibility have contributed to this expansion, ensuring that investment opportunities are no longer confined to metropolitan areas. 

The mutual fund industry has played an instrumental role in providing a platform for wealth creation, allowing more households across the country to participate in India’s financial growth story.

Mutual Funds Have Grown Over 9x in 16 Years

The mutual fund sector has experienced exponential growth over the years. The total AUM has surged from ₹5.89 lakh crore in May 2008 to a staggering ₹53.4 lakh crore in March 2024. This substantial rise is reflective of growing investor confidence and the increasing integration of mutual funds into household savings strategies. 

The share of mutual funds in Indian household savings has grown from 7.6% in FY21 to 8.4% in FY23, further demonstrating the industry’s growing relevance.

90% of Mutual Fund Investments Are Now Digital

Digital transactions have revolutionised the way investors access mutual funds. In FY 2024, approximately 90% of all mutual fund purchases were conducted through digital channels, highlighting the convenience and efficiency of modern investment platforms. The rise of digitalisation has removed barriers to entry, making investments more accessible to a wider audience, including first-time investors.

SEBI’s Role in Strengthening the Mutual Fund Landscape

The Securities and Exchange Board of India (SEBI) has been pivotal in maintaining the integrity and stability of the mutual fund ecosystem. Regulatory measures have ensured transparency, investor protection, and fair practices within the industry, fostering trust among investors.

Retail Investors Are Bringing Stability to Markets

Retail investors have emerged as a crucial component of the capital markets, providing resilience and liquidity. The growing inclination towards systematic investment plans (SIPs) and cost-efficient options such as passive funds suggests that investors today are more patient, disciplined, and well-informed. Awareness initiatives by the mutual fund industry have played a key role in fostering this shift towards structured and sustainable investing.

Conclusion: More Inclusion, More Growth

The increasing participation of women and retail investors signifies a promising future for the mutual fund industry. With digital advancements, regulatory support, and growing financial literacy, mutual funds are set to become even more integral to Indian household savings. The industry continues to evolve, ensuring that wealth creation remains an accessible and inclusive journey for all.

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. 

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

Paytm and RBL Bank Partner to Expand Digital Payment Solutions

Paytm has partnered with RBL Bank to provide its Soundbox and card machines to the bank’s merchant partners. The collaboration has plans to make digital payments more accessible for businesses by integrating multiple payment modes and real-time transaction tracking.

As of March 3, 11:57 AM, Paytm, owned by One97 Communications, is trading at ₹706.00, down ₹8.95 (1.25%) today, but up 18.54% in the past six months and 68.82% over the past year, while RBL Bank Ltd is at ₹152.48, down ₹5.86 (3.70%) today, with a 32.54% decline over the past six months.

Payment Solutions for Merchants

Under this partnership, merchants will be able to use Paytm’s Soundbox and card machines to accept payments across different modes, including UPI, RuPay credit card on UPI, UPI Lite, debit cards, credit cards, and EMI options from major banks. This gives businesses more flexibility in payment acceptance.

NFC Soundbox 

The Paytm NFC Card Soundbox enables ‘Tap and Pay’ transactions, making it easier for customers to pay using debit and credit cards. This also allows international tourists to make payments using their global cards. Merchants will receive instant audio confirmations in 11 languages for transactions. As per the filing, the integration with the Paytm for Business dashboard lets businesses track transactions in real time and receive instant settlements.

Merchants will have access to low and zero-cost EMI options through Paytm’s network of over 17 partner banks, as per the reports.

Statements from Paytm and RBL Bank

Ripunjai Gaur, CBO – Offline Payments, Paytm, stated “Our goal is to simplify payments for merchants by providing cutting-edge solutions that enhance efficiency and trust. Partnering with RBL Bank allows us to expand the reach of our pioneering Soundbox and card machines, ensuring businesses of all sizes can accept digital payments with ease. With instant settlements, EMI options, and diverse payment methods, we continue to innovate and support businesses in their digital growth journey.”

Narendra Agrawal, Head-Branch Banking & Retail Liabilities, RBL Bank, said “We are pleased to collaborate with Paytm to offer merchants on our network with advanced and innovative online payment solutions. This partnership aligns with our vision of enabling seamless, secure, and efficient transactions. With innovative offerings like Tap and Pay-enabled NFC Card Soundbox and feature-rich Paytm Card Machines, we are committed to supporting businesses in their digital transformation journey.”

Paytm’s Global Expansion

Paytm has been expanding its international reach, with UPI payments now supported in the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal. The company also offers UPI Lite for small-value transactions, auto-pay, and peer-to-peer transfers.

All in all, the partnership focuses on expanding digital payment access for businesses while integrating payment solutions.

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.

Indian Startups and Legacy Brands Bet Big on Lab-Grown Diamonds—Here’s Why

When you think of diamonds, names like Tiffany & Co. and De Beers might come to mind, given their longstanding dominance in the global industry. However, India’s association with diamonds dates back to the 5th century BC, with mentions in ancient Sanskrit texts from 320 to 296 BC.

For centuries, India was the world’s primary source of diamonds, only to be overtaken in the late 1720s when Brazil discovered its own deposits. Despite losing its position as a major producer, India remains the largest exporter of cut and polished diamonds. Now, a new shift is taking place, making India a focal point in the diamond industry once again—this time through lab-grown diamonds.

The Rise of Lab-Grown Diamonds in India

Lab-grown diamonds, once met with scepticism, have gained widespread acceptance due to their striking similarity to natural diamonds in appearance, composition, and structure. While both share identical chemical properties, their key differences lie in their formation, rarity, and environmental impact.

  • Natural diamonds: Formed deep within the Earth’s mantle over billions of years under extreme heat and pressure, brought to the surface by volcanic eruptions.
  • Lab-grown diamonds: Created in controlled environments using advanced processes like Chemical Vapor Deposition (CVD) and High-Pressure High-Temperature (HPHT), replicating natural formation using pure carbon, high pressure, and extreme heat.

Though indistinguishable in appearance, natural diamonds typically retain higher resale value, while lab-grown alternatives are more affordable and considered environmentally sustainable.

Indian Brands Capitalising on the Trend

The affordability and ethical appeal of lab-grown diamonds have driven several Indian brands, both legacy and emerging, into this space.

  • Trent (Tata Group subsidiary, Pome): Entering the lab-grown diamond market.
  • Senco Gold: Expanded into this space through its subsidiary, Sennes Fashion Limited.
  • D2C brand Giva: Exploring ways to strengthen its lab-grown offerings.
  • Startups like True Diamond, Solitario Lab Grown, and Aukera: Raising funds to tap into this booming market.

Key Drivers Behind the Surge

1. Affordability

Lab-grown diamonds are significantly cheaper than natural diamonds. As the carat size increases, the price difference becomes even more pronounced:

  • Small lab-grown diamonds are around 60% cheaper than natural ones.
  • A one-carat lab-grown solitaire can be up to 90% cheaper.
  • Larger solitaires (3 to 5-carat stones) can cost 95% less than their natural counterparts.

2. Superior Quality and Designs

In recent years, the quality of natural diamonds has seen a decline:

  • Many have lower clarity (often graded as SI, meaning they contain visible inclusions).
  • Their colour grades have dropped, with many now falling in the J, K, I1, or I2 ranges.

Lab-grown diamonds offer superior clarity and colour, giving buyers access to higher-quality stones at a fraction of the price.

3. Ethical and Environmental Considerations

Consumers are becoming more conscious of the environmental and ethical impact of diamond mining:

  • No mining required: No land destruction or labour exploitation.
  • Lower carbon footprint: While lab-grown diamonds still require electricity, many manufacturers are transitioning to renewable energy sources like solar power.

Conclusion: Future of Lab-Grown Diamonds in India

India’s diamond traders are witnessing a paradigm shift, and the trend of lab-grown diamonds is only expected to grow. As more brands and startups enter this space, the country is poised to become a major player in this sector, making diamonds more accessible, ethical, and sustainable for consumers worldwide.

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.

7 Companies See Lock-in Expiry: Over 150 Million Shares Become Eligible for Trade

A shareholder lock-in period restricts the sale of shares for a certain duration post-listing, often implemented to prevent market volatility. However, the end of the lock-in does not imply that all these shares will immediately enter the market—only that they become eligible for trading.

Let’s take a closer look at the 7 companies experiencing lock-in expiry on Monday, March 3.

1. Dr Agarwal’s Eye Hospital

Dr Agarwal’s Eye Hospital, a relatively recent listing, has remained largely stable around its IPO price. On Monday, approximately 1.1 crore shares (3% of its outstanding equity) will become eligible for trade.

2. Ecos (India) Mobility

Ecos (India) Mobility will see 3 crore shares (50% of its outstanding equity) becoming eligible to trade as its 6-month lock-in expires. Since its post-listing high of ₹593, the stock has suffered a sharp 70% decline.

3. Orient Technologies

With its six-month lock-in coming to an end, 8 lakh shares (2% of its outstanding equity) will become available for trade. The share price of Orient Technologies has declined by half from its post-listing peak.

4. Exicom Telesystems

Once a much-hyped IPO, Exicom will witness the end of its 1-year lock-in, making 4.35 crore shares (36% of its outstanding equity) eligible for trade. The stock has seen a 70% correction from its post-listing high and is now trading close to its IPO price of ₹142.

5. Vishnu Prakash R Punglia

A significant 2.5 crore shares (20% of its outstanding equity) will become eligible for trading as its 1.5-year lock-in expires. Despite being 53% below its post-listing peak, Vishnu Prakash R Punglia continues to trade 60% above its IPO price of ₹99.

6. Aeroflex Industries

Aeroflex Industries will see 2.6 crore shares (20% of its outstanding equity) becoming tradable as its extended lock-in period ends. The stock has experienced a 37% decline from its post-listing high of ₹272.

7. Pyramid Technoplast

As its 1.5-year lock-in period expires, 74 lakh shares (20% of its outstanding equity) will be free for trade. Pyramid Technoplast has dropped 35% from its peak price of ₹259.

Conclusion

The expiry of lock-in periods often brings liquidity to stocks but does not necessarily mean immediate selling pressure. Investors typically monitor such events to gauge potential supply influx and price movements. As these 7 stocks become eligible for trading, market participants will be keenly watching their performance in the coming days.

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.

Gold and Silver Prices Trade Higher: Check Rates in Your City on March 3, 2025

On March 3, 2025, gold prices increased in both the global and domestic markets. In the international market, spot gold prices have increased by 0.13%, reaching $2,863.28 as of 11:22 AM. In the domestic market, gold prices have surged by nearly ₹400.

In India, gold prices have increased by ₹390 per 10 grams across major cities on 3rd March 2025.

In Mumbai, 24-carat gold is priced at ₹8,470 per gram, while 22-carat gold now costs ₹7,764 per gram. The 24-carat gold price stands at ₹84,700 per 10 grams as of 11:22 AM.

In Delhi, the price of 22-carat gold is currently ₹77,504 per 10 grams, while 24-carat gold is trading at ₹84,550 per 10 grams.

Gold Prices Across Major Indian Cities on March 3, 2025

Here is a detailed breakdown of gold prices as of March 3, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 84,940 77,862
Hyderabad 84,830 77,761
Delhi 84,550 77,504
Mumbai 84,700 77,642
Bangalore 84,760 77,697

 

Silver Prices in India on March 3, 2025

The international silver price has increased by 0.18% to $31.21 as of 11:22 AM. In India, silver prices have surged by ₹500 per kilogram.

Silver Prices Across Major Indian Cities

 

City Silver Rate in ₹/KG 
Mumbai 94,600
Delhi 94,430
Kolkata 94,470
Chennai 94,870

Key Takeaways

  • Gold Prices: Both 22-carat and 24-carat gold prices have risen across major Indian cities. Gold is trading higher in international markets.
  • Silver Prices: Silver prices have increased in both international and domestic markets.

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.