Indian markets are likely to start on a positive note today, with early indicators from Gift Nifty pointing to a strong opening. In the previous session, the Sensex and Nifty extended their winning streak to six consecutive days. On Monday (March 24), the Sensex jumped 1,078.87 points or 1.40% to close at 77,984.38, while the Nifty advanced 307.95 points or 1.32% to settle at 23,658.35.
Key global and domestic cues to know on March 25, 2025
Trump’s tariff worries – Auto imports in the spotlight
The tariff drama is heating up again. US President Donald Trump has hinted that long-anticipated tariffs on automobile imports could be announced in the coming days. While details remain murky, he suggested that some nations might get a break from next week’s broader “reciprocal” tariffs. With a major trade policy move expected on April 2, global automakers and investors are on edge.
Asia Markets
Asian stock markets kicked off Tuesday on a positive note, taking cues from Wall Street’s overnight rally. Investors cheered the possibility that U.S. President Donald Trump’s tariffs might not be as harsh as feared. In Australia, the S&P/ASX 200 edged up 0.69% as traders kept an eye on Treasurer Jim Chalmers, who is set to unveil the country’s budget later in the day. Japan’s Nikkei 225 saw a strong start, jumping 1.15%, with the broader Topix index also in the green. Meanwhile, South Korea’s Kospi climbed 0.61%, and the small-cap Kosdaq was not far behind, adding 0.64% in early trade.
US markets
The US market ended higher on March 24, with all three major indexes posting strong gains. The Dow Jones Industrial Average jumped 597.97 points, or 1.42%, to close at 42,583.32. The S&P 500 wasn’t far behind, rising 1.76% to settle at 5,767.57, while the tech-heavy Nasdaq Composite outperformed with a 2.27% surge, finishing at 18,188.59.
US GDP Growth data on March 27
On March 27, the US is set to reveal its Q4 GDP growth numbers, giving a fresh look at how the economy fared in the final months of 2024. With the Federal Reserve’s recent policy tweaks still in focus. Apart from this, there is also buzz around potential trade tariff updates.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was at 104.32 on Tuesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee settled at 85.64 against the US dollar on March 24.
FII, DII data
FIIs/FPIs remained on a buying streak for the third straight session on March 24, pouring in Rs 3,055.76 crore into Indian equities. DIIs, on the other hand, made smaller moves, investing Rs 98.54 crore
Gold rate today
As per Goodreturns, gold prices on March 24 were Rs 89,610 for 24 carat gold, while 22 carat gold rate today stood at Rs 82,140 per 10 grams. Meanwhile, 18 carat gold was available at Rs 67,210 per 10 grams.
Crude oil
Crude oil prices edged higher on Tuesday (March 25), with WTI crude rising 0.02% to $69.15 per barrel and Brent crude gaining 0.07% to $73.04 per barrel.
Corporate action update
Ksolves India and Mishra Dhatu Nigam went ex-dividend on March 25, offering dividends of Rs 7.5 and Rs 0.75 per share, respectively.