Market Snapshot
- Indian benchmark indices closed flat, remaining rangebound as investors remained cautious.
- Market sentiment was impacted by US President Donald Trump’s decision to postpone tariffs on Canada and Mexico to April 2.
- Sectoral performance was mixed, with Consumer Durables, IT, Power, and Realty declining 0.5-1%, while Capital Goods, Energy, Metal, and Media gained 0.5-2%.
Sectoral Trends
| Sector Name | % Change | Sector Name | % Change |
| NIFTY MEDIA | 1.8 | NIFTY PSU BANK | 0.0 |
| NIFTY OIL & GAS | 0.6 | NIFTY FINANCIAL SERVICES | -0.1 |
| NIFTY METAL | 0.4 | NIFTY PRIVATE BANK | -0.1 |
| NIFTY AUTO | 0.2 | NIFTY PHARMA | -0.2 |
Top News
- Reliance Industries (RIL) surged over 3% after Macquarie upgraded its rating to ‘Outperform’ with a target price of ₹1,500, citing strong earnings momentum and potential Jio listing as key growth drivers.
- Jana Small Finance Bank jumped over 12% after receiving an AD-I license from the RBI for forex operations, with its AUM growing 19% YoY to ₹27,984 crore, of which 68% are secured assets.
- Kalpataru Projects International (KPIL) gained over 5% after securing ₹2,306 crore in new orders, bringing its FY25 total order intake to ₹22,500 crore, strengthening growth visibility for the coming quarters.
Top Gainers and Losers
| Top Gainers | % Change | Top Losers | % Change |
| RELIANCE | 3.0 | INDUSINDBK | -3.8 |
| TATAMOTORS | 1.2 | NTPC | -2.2 |
| BAJAJ-AUTO | 1.2 | SHRIRAMFIN | -2.1 |
Trade Ideas Update
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