market-summery-06mar

Summary of the Market

On March 05, the benchmark Nifty Index rose by 1.15% to close at 22337.3. The Nifty Midcap150 Index rose sharply by 2.43% to close at 18240.2. The Nifty Smallcap250 Index rose sharply by 2.71% to close at 14291.0. The Nifty Total Market Index rose by 1.74% to close at 11387.8. The 10yr yield fell by 1 bps to close at 6.77%. The rupee gained 0.1% to close at 87.05 against the US Dollar.

Important Notables

  • India's Engineering Exports to US Jump 18% in January, Overall Growth Hits 7.44%: ET
  • Private Sector Investments to Drop Below 11% of GDP in FY25: India Ratings, Reports BS
  • Cabinet Clears ₹6,811 Cr Ropeway Projects for Kedarnath & Hemkund Sahib to Boost Pilgrimage Tourism: BS
  • Govt Restricts Imports of Platinum Alloys Below 99% Purity to Prevent Misuse: BS
  • Securitisation Volumes to Reach ₹60,000 Crore in Q4FY25 Amid Liquidity Strain: BS
  • Edible Oil Prices Likely to Fall 4% by April as China Slaps Extra Tariff on US Soya: ET
  • RBI's Record $77.5 Billion Short Positions May Tighten Rupee Liquidity & Strain Forex Reserves: ET

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