POST MARKET
Indian equity indices extended their relief rally for the second consecutive session on March 25, with the Nifty closing above the 23,300 mark, supported by broad-based buying across sectors and in the broader markets.
At close,
Sensex ↑ up 1,205 points or 1.63 percent at 75,273.45
Nifty ↑ up 394.05 points or 1.72 percent at 23,306.45.
About 2841 shares advanced, 1309 shares declined, and 134 shares remained unchanged.
Top gainers – Shriram Finance, UltraTech Cement, Grasim Industries, Bajaj Finance, Adani Enterprises
Top losers – Tech Mahindra, TCS, Bharat Electronics, Power Grid Corp.
All the sectoral indices ended in the green, with the consumer durable index surged 3.5%, while realty, pharma, PSU Bank, metal, auto, FMCG, and capital goods were up 2% each.
Among the broader market indices, the Nifty Midcap index added 2.3% and the smallcap index rose 2.6%.
STOCKS IN NEWS
Ceigall India
Ceigall India’s share price rose more than 2.5 percent on March 25 following the company bagged two orders worth Rs 297 crore from Purvah Green Power to be executed in the State of Andhra Pradesh.
Waaree Energies
Waaree Energies’ share price rose almost 3 percent on March 25 after its board approved capital expenditure amounting to Rs 3900 crore for a glass manufacturing plant in its wholly owned subsidiary, Waaree Green Glass, for a capacity of 2500 TPD.
Sammaan Capital
Shares of NBFC Sammaan Capital (formerly Indiabulls Housing Finance) rose 5.62 percent on March 25 after the Reserve Bank of India (RBI) approved the acquisition of a 66.65% stake in Sammaan Capital by Avenir Investment RSC, a subsidiary of Abu Dhabi-based International Holding Company (IHC).
RPSG Ventures
Shares of RPSG Ventures, owners of IPL franchise Lucknow Super Giants, rose 20 percent, as the $1.78-billion Royal Challengers Bengaluru deal improved the valuation outlook for IPL teams. Key factors driving investor interest in the league are a doubling in the value of broadcast rights.
MIC Electronics
Shares of smallcap firm MIC Electronics hit the 5 percent upper circuit limit in Wednesday’s trade. The rise came after the company informed exchanges that its board of directors is scheduled to meet on March 30, 2026. The board will consider the acquisition of an 89.65 percent stake in Neo Semi SG Pte Ltd, Singapore, through a share-swap arrangement.
Source – Moneycontrol
