{"id":4749,"date":"2025-03-05T15:02:43","date_gmt":"2025-03-05T09:32:43","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=4749"},"modified":"2025-05-20T16:01:36","modified_gmt":"2025-05-20T10:31:36","slug":"stock-market-rebounds-sensex-rises-660-points-nifty","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/stock-market-rebounds-sensex-rises-660-points-nifty\/","title":{"rendered":"Stock Market Rebounds: Sensex Rises 660 Points, Nifty Above 22,300 as Metals, Autos, and IT Lead Gains"},"content":{"rendered":"<h3 data-start=\"112\" data-end=\"207\">Indian Markets Rally After Historic Losing Streak; Analysts Caution on Sustainability<\/h3>\n<p data-start=\"209\" data-end=\"494\">Indian stock markets staged a strong rebound on March 5, snapping a historic 10-day losing streak, as broad-based buying lifted benchmark indices. The rally was led by metal, power, and IT stocks, with investors hunting for value after an extended period of weakness.<\/p>\n<p data-start=\"496\" data-end=\"830\">The BSE Sensex jumped 660 points to trade above 73,500, while the Nifty 50 climbed past the 22,300 mark, driven by gains in Adani Ports, Tata Steel, Mahindra &amp; Mahindra (M&amp;M), and Power Grid Corporation. However, some index heavyweights such as Bajaj Finance, HDFC Bank, and Grasim Industries faced selling pressure.<\/p>\n<p data-start=\"832\" data-end=\"1094\">At 2:21 PM, the Sensex surged 594.24 points (0.81%) to 73,584.17, while the Nifty gained 212.60 points (0.96%) to 22,295.25. Market breadth was overwhelmingly positive, with 2,958 stocks advancing, 628 declining, and 70 remaining unchanged.<\/p>\n<p data-start=\"1096\" data-end=\"1228\">Despite the sharp recovery, analysts remain skeptical about whether this is a sustainable reversal or just a temporary bounce.<\/p>\n<h2 data-start=\"1230\" data-end=\"1274\">Factors Behind the Market Rally<\/h2>\n<h3 data-start=\"1276\" data-end=\"1347\">1. All Sectoral Indices in Green; Metals and Power Lead Gains<\/h3>\n<ul data-start=\"1349\" data-end=\"1714\">\n<li data-start=\"1349\" data-end=\"1494\">All 13 major sectoral indices were trading in the green, with the Nifty Metal, Nifty Power, and Nifty IT indices rising over 3% each.<\/li>\n<li data-start=\"1495\" data-end=\"1594\">BSE Midcap and Smallcap indices surged over 2%, indicating broad-based buying interest.<\/li>\n<li data-start=\"1595\" data-end=\"1714\">Adani Ports, Power Grid Corp, M&amp;M, NTPC, and Adani Enterprises were the top gainers, climbing between 4-5%.<\/li>\n<\/ul>\n<h3 data-start=\"1716\" data-end=\"1777\">2. Global Cues and Short-Covering Fuel the Recovery<\/h3>\n<p data-start=\"1779\" data-end=\"1919\">The rebound in Indian markets mirrored gains in global equities, as investors covered short positions following sharp corrections.<\/p>\n<ul data-start=\"1921\" data-end=\"2305\">\n<li data-start=\"1921\" data-end=\"2057\">Global stock markets steadied after a week of trade-related uncertainty, as traders sought to capitalize on oversold conditions.<\/li>\n<li data-start=\"2058\" data-end=\"2193\">Asian markets, particularly Hong Kong\u2019s Hang Seng and Japan\u2019s Nikkei, posted strong gains, further boosting sentiment in India.<\/li>\n<li data-start=\"2194\" data-end=\"2305\">Short-covering by institutional investors also played a role, as traders rushed to unwind bearish bets.<\/li>\n<\/ul>\n<h3 data-start=\"2307\" data-end=\"2354\">3. IT, Autos, and Metals Drive Upmove<\/h3>\n<ul data-start=\"2356\" data-end=\"2851\">\n<li data-start=\"2356\" data-end=\"2481\">Information technology, auto, and metal stocks led the charge, helping the Nifty stage a nearly 1% intraday gain.<\/li>\n<li data-start=\"2482\" data-end=\"2586\">Tech stocks rebounded on strong deal momentum, with TCS, Infosys, and HCL Tech gaining 2-3%.<\/li>\n<li data-start=\"2587\" data-end=\"2728\">Tata Steel and Hindalco rallied sharply as global metal prices rebounded, signaling a possible turnaround in the commodity cycle.<\/li>\n<li data-start=\"2729\" data-end=\"2851\">Auto stocks, including M&amp;M and Tata Motors, saw renewed buying interest amid expectations of strong volume growth.<\/li>\n<\/ul>\n<h3 data-start=\"2853\" data-end=\"2906\">4. Analysts Remain Cautious Despite Rebound<\/h3>\n<p data-start=\"2908\" data-end=\"3071\">While the recovery is a welcome relief for investors, market experts warn that the rebound lacks strength and may not sustain without fresh triggers.<\/p>\n<ul data-start=\"3073\" data-end=\"3627\">\n<li data-start=\"3073\" data-end=\"3240\">Kranthi Bathini, Director at WealthMills Securities, advised caution, stating that the Nifty needs to break above 23,000 for sentiment to shift decisively.<\/li>\n<li data-start=\"3241\" data-end=\"3627\">Shrikant Chouhan, Head of Equity Research at Kotak Securities, highlighted critical support levels, noting that:\n<ul data-start=\"3364\" data-end=\"3627\">\n<li data-start=\"3364\" data-end=\"3426\">Nifty is hovering near key zones of 22,000 and 21,800.<\/li>\n<li data-start=\"3429\" data-end=\"3520\">A close below 21,800 could trigger fresh selling, pushing the index towards 21,500.<\/li>\n<li data-start=\"3523\" data-end=\"3627\">Immediate resistance stands at 22,500, and crossing this level could drive a further upmove.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3 data-start=\"3629\" data-end=\"3689\">5. US Tariffs Spark Concerns Over Global Trade War<\/h3>\n<p data-start=\"3691\" data-end=\"3821\">Despite today\u2019s rally, global uncertainties continue to loom over financial markets, particularly concerning trade disputes.<\/p>\n<ul data-start=\"3823\" data-end=\"4439\">\n<li data-start=\"3823\" data-end=\"3949\">US President Donald Trump has imposed a fresh 25% tariff on imports from Canada and Mexico, escalating trade tensions.<\/li>\n<li data-start=\"3950\" data-end=\"4087\">Chinese goods now face a total duty of 20% after an additional 10% levy, prompting retaliatory tariffs from China and Canada.<\/li>\n<li data-start=\"4088\" data-end=\"4230\">Trump has also threatened further tariffs starting April 2, raising fears that India could be next in line for trade restrictions.<\/li>\n<li data-start=\"4231\" data-end=\"4439\">If these tariffs drive up inflation in the US, the Federal Reserve may keep interest rates high for an extended period, potentially curbing foreign investment into emerging markets like India.<\/li>\n<\/ul>\n<h2 data-start=\"4441\" data-end=\"4477\">Stock-Specific Developments<\/h2>\n<h3 data-start=\"4479\" data-end=\"4551\">1. BSE Ltd Shares Plunge 9% After NSE Revises F&amp;O Expiry Rules<\/h3>\n<ul data-start=\"4553\" data-end=\"4926\">\n<li data-start=\"4553\" data-end=\"4708\">Shares of BSE Ltd fell 9% after the National Stock Exchange (NSE) announced a major shift in the expiry of futures and options (F&amp;O) contracts.<\/li>\n<li data-start=\"4709\" data-end=\"4816\">Starting April 4, all Nifty index weekly F&amp;O contracts will expire on Mondays instead of Thursdays.<\/li>\n<li data-start=\"4817\" data-end=\"4926\">The monthly expiry of all Nifty contracts has also been moved to the last Monday of the expiry month.<\/li>\n<\/ul>\n<h3 data-start=\"4928\" data-end=\"4985\">2. Granules India Drops 3% After US FDA Warning<\/h3>\n<ul data-start=\"4987\" data-end=\"5260\">\n<li data-start=\"4987\" data-end=\"5130\">Granules India\u2019s stock slid 3% after the US FDA issued a warning letter highlighting serious lapses at its Gagillapur facility.<\/li>\n<li data-start=\"5131\" data-end=\"5260\">The unit accounts for nearly 70% of the company\u2019s revenue, and a potential import ban could severely impact earnings.<\/li>\n<\/ul>\n<h3 data-start=\"5262\" data-end=\"5321\">3. Coforge Soars 10% on Big Deals and Stock Split<\/h3>\n<ul data-start=\"5323\" data-end=\"5570\">\n<li data-start=\"5323\" data-end=\"5444\">IT firm Coforge jumped over 10% after announcing two acquisitions, a major long-term deal, and a stock split.<\/li>\n<li data-start=\"5445\" data-end=\"5570\">The company secured a $1.56 billion, 13-year deal with US-based Sabre Technologies, focusing on AI-powered solutions.<\/li>\n<\/ul>\n<h2 data-start=\"5572\" data-end=\"5636\">Market Outlook: Short-Term Relief or Sustainable Rally?<\/h2>\n<ul data-start=\"5638\" data-end=\"6107\">\n<li data-start=\"5638\" data-end=\"5759\">The market\u2019s sharp rebound suggests temporary relief, but the sustainability of this rally remains uncertain.<\/li>\n<li data-start=\"5760\" data-end=\"5872\">Key resistance levels stand at 22,500 on the Nifty, and a break above this could fuel further gains.<\/li>\n<li data-start=\"5873\" data-end=\"5975\">If global uncertainties persist, the Nifty could retest support levels near 21,800 and 21,500.<\/li>\n<li data-start=\"5976\" data-end=\"6107\">Investors are advised to focus on fundamentally strong stocks and adopt a cautious approach amid ongoing global volatility.<\/li>\n<\/ul>\n<h2 data-start=\"6109\" data-end=\"6180\">A Temporary Respite or the Start of a New Uptrend?<\/h2>\n<p data-start=\"6182\" data-end=\"6417\">The Indian stock market finally broke its 10-day losing streak, bringing much-needed relief to investors. However, with global trade tensions still unresolved, uncertainty looms over the sustainability of this upmove.<\/p>\n<ul data-start=\"6419\" data-end=\"6918\" data-is-last-node=\"\" data-is-only-node=\"\">\n<li data-start=\"6419\" data-end=\"6594\">While value buying and sectoral strength have provided near-term support, markets will need strong global cues and sustained buying momentum to continue the rally.<\/li>\n<li data-start=\"6595\" data-end=\"6756\">As global trade policies, interest rate expectations, and earnings season unfold, investors should stay vigilant and adopt a stock-specific approach.<\/li>\n<li data-start=\"6757\" data-end=\"6918\" data-is-last-node=\"\">The next few sessions will be crucial in determining whether this is just a short-term bounce or the beginning of a sustained recovery in Dalal Street.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Indian Markets Rally After Historic Losing Streak; Analysts Caution on Sustainability Indian stock markets staged a strong rebound on March 5, snapping a historic 10-day losing streak, as broad-based buying lifted benchmark indices. The rally was led by metal, power, and IT stocks, with investors hunting for value after an extended period of weakness. The [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-4749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=4749"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4749\/revisions"}],"predecessor-version":[{"id":4751,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4749\/revisions\/4751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/4750"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=4749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=4749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=4749"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=4749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}