Markets

Stock Market Highlights March 3: Nifty, Sensex Top Gainers & Losers

Published March 3, 2025

On March 3, 2025, the Indian stock market saw mixed fortunes. The benchmark indices displayed a slight fluctuation with the NSE Nifty 50 and the BSE Sensex both closing with minor changes. The Nifty 50 ended the day at 22,545.05, registering a decline of 2.50 points or 0.01%. In contrast, the Sensex managed to gain 10.31 points, finishing at 74,612.43.

Key Contributors to Market Movement

HDFC Bank, Reliance Industries, Axis Bank, Bajaj Auto, and Coal India emerged as the top companies weighing down the Nifty index. Their combined performance negatively impacted investor sentiment and contributed to the dip in the Nifty.

Top Performers

On the other hand, several stocks performed well and were notable gainers for the day. Infosys, Bharti Airtel, L&T, Bharat Electronics, and Bajaj Finance showed strong performances, helping bolster the overall market despite the losses observed in other sectors.

Sector Analysis

In terms of sector performance, Nifty Media experienced the greatest decline, with six out of the twelve sectors on the NSE ending lower. The downtrend in this sector contributed to the overall mixed performance of the market on March 3.

Broader Market Insights

The broader markets reflected a varied performance as well. The NSE Midcap 150 index rose by 0.16%, while the Nifty Smallcap 250 index dropped by 0.64%. This indicates a divergence in performance among midcap and small-cap stocks.

Market Breadth and Sentiment

The market breadth leaned towards sellers, with a total of 2,847 stocks declining compared to 1,237 advancing on the BSE. This disparity illustrates a cautious sentiment among investors.

Currency Impact

Lastly, the Indian rupee showed some strength against the US dollar, appreciating by 15 paise to close at 87.36.

Overall, the trading day on March 3 highlighted a mix of gains and losses across various sectors, with some key stocks supporting the indices while others underperformed.

market, stocks, performance