Stock Market Today: Volatility Continues Amid Global Uncertainty

On Thursday, former U.S. President Donald Trump made statements regarding the market that could further escalate tensions. The ongoing tariff war had already put pressure on U.S. markets, leading to another decline. The Dow Jones slipped by over 400 points, while the Nasdaq plunged nearly 500 points, closing at its lowest level in five months. Since its February high, the Nasdaq has fallen by 10%.

Domestic Market Overview – March 7

On Friday (March 7), the Indian stock market opened in the red, following weak global cues. However, the market quickly rebounded. The Nifty initially touched 22,460 but surged nearly 100 points in seconds to reach around 22,560. The Sensex also opened nearly 200 points lower but recovered its losses. Bank Nifty remained flat at around 48,608. Weakness in the Nasdaq reflected in IT stocks, which remained under pressure.

At the opening bell:

Sensex opened 7 points higher at 74,347.

Nifty opened 36 points lower at 22,508.

Bank Nifty opened 164 points lower at 48,463.

The Indian Rupee remained unchanged at ₹87.12 per USD.


Top Gainers & Losers on Nifty

Top Gainers: BEL, HDFC Life, SBI Life, Hero MotoCorp, Bajaj Auto

Top Losers: Infosys, Shriram Finance, HCL Tech, NTPC, ICICI Bank

Key Market Triggers Today

U.S. Market Plunge: Dow fell 427 points, Nasdaq dropped 483 points.

Tariff Developments: U.S. extended tariff relief for Mexico and Canada until April 2 but did not offer any concessions to China. Trump stated that the stock market decline was not a concern, emphasizing that tariffs would strengthen America.

Dollar Index: Fell below 104 intraday, marking its first dip in four months.

Crude Oil: Declined for the third consecutive day, staying below $70 per barrel.

FIIs Activity: Foreign Institutional Investors (FIIs) sold equities worth ₹2,400 crore in the cash market but purchased ₹3,420 crore in index and stock futures.


Global Market Snapshot

GIFT Nifty was down 60 points at 22,550 in the morning.

Dow Futures rose 100 points.

Nikkei tumbled by 750 points.

Gold fell $10 to around $2,915, while silver remained firm above $33.

In the Indian market, gold rose ₹200 to ₹86,100, and silver surged ₹600 to ₹98,200.


The market continues to remain volatile, with global uncertainty and economic factors playing a key role in shaping investor sentiment.