{"id":56985,"date":"2025-03-05T10:20:27","date_gmt":"2025-03-05T10:20:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/03\/05\/sensex-nifty-rally-on-tariff-relief-hopes\/"},"modified":"2025-03-05T10:20:27","modified_gmt":"2025-03-05T10:20:27","slug":"sensex-nifty-rally-on-tariff-relief-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/03\/05\/sensex-nifty-rally-on-tariff-relief-hopes\/","title":{"rendered":"Sensex, Nifty Rally On Tariff Relief Hopes"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares rallied on Wednesday after reports emerged that U.S. President Donald Trump will &#8220;probably&#8221; announce a deal to reduce tariffs on Canada and Mexico.<\/p>\n<p>A selloff in global equities paused as German leaders agreed to loosen the country&#8217;s so-called debt brake and China ramped up stimulus to guard its <span class=\"landLinks\">economy<\/span> from changes &#8216;unseen in a century.&#8217;<\/p>\n<p>There was also some cheer on the data front as a survey showed India&#8217;s service activity expanded at an accelerated pace in February, boosted by improving domestic and foreign demand.<\/p>\n<p>The HSBC final services Purchasing Managers&#8217; Index climbed to 59.0 in February from January&#8217;s 26-month low of 56.5.<\/p>\n<p>The benchmark S&amp;P BSE Sensex ended the session up 740.30 points, or 1.01 percent, at 73,730.23, after having hit a high of 73,933.80 earlier on the back of falling oil prices and gains in rupee.<\/p>\n<p>The broader NSE Nifty index hit an intraday high of 22,394.90 before closing at 22,337.30, up 254.65 points, or 1.15 percent, from its previous close. <\/p>\n<p>The BSE mid-cap and small-cap indexes surged 2.7 percent and 2.8 percent, respectively after the recent sharp correction. <\/p>\n<p>The market breadth was positive, with 3,241 shares rising while 771 shares declined and 89 shares closed unchanged. <\/p>\n<p>Mahindra &amp; Mahindra, Power Grid Corp, Adani Enterprises, Tata Steel and Adani Ports rallied 4-5 percent in the Nifty pack, while Bajaj Finance tumbled 3.4 percent, IndusInd Bank lost 1.4 percent and HDFC Bank gave up a little over 1 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex, Nifty Rally On Tariff Relief Hopes<\/a><br \/>\n<br \/>2025-03-05 10:20:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares rallied on Wednesday after reports emerged that U.S. President Donald Trump will &#8220;probably&#8221; announce a deal to reduce tariffs on Canada and Mexico. A selloff in global equities&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-56985","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=56985"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56986"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}