The BSE Sensex closed at 74,029.76 down 72.56 points (-0.10%), while the Nifty 50 ended at 22,470.50, falling 27.40 points (0.12%).
US President Donald Trump initially announced a plan to double tariffs on Canadian steel and aluminium imports but later reversed his decision within hours, as per news reports.
NIFTY IT index experienced a notable decline, dropping 2.91% to 36,310.65, reflecting weakness in the technology sector.
In contrast, the NIFTY Financial Services index showed resilience, gaining 0.54% to 23,327.90.
IndusInd Bank’s stock rose by 4.38%, reaching ₹684.7. Tata Motors followed with a 3.12% increase, closing at ₹668.3.
On the other hand, Infosys and Wipro were among the top losers. Infosys fell by 4.26% to ₹1,590.85, while Wipro declined 3.31% to ₹268.55.
As of March 12, 2025, at 03:30 PM, Brent Crude was trading at $69.93, up by 0.53%.
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.
Published on: Mar 12, 2025, 4:09 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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