Share Market Highlights: Sensex, Nifty end lower as IT, auto stocks weigh; tariff uncertainty looms

Sensex, Nifty updates on March 28, 2025: The benchmark BSE Sensex slipped 0.25% to close at 77,414, while the broader NSE Nifty 50 fell 0.41% to 23,494, weighed down by IT and auto stocks as investor sentiment turned cautious ahead of the U.S. reciprocal tariff announcement next week. India’s Nifty 50 surged 6.3% in March, its best monthly gain in 15 months, helping it end the fiscal year up 5.34% despite a historic five-month losing streak. The Sensex also rose 5.1%. The rally was driven by beaten-down stock purchases, foreign inflows, and improving economic indicators. However, foreign investors withdrew a net $15.57 billion for the year. Market volatility stemmed from earnings concerns, U.S. tariffs, and geopolitical risks. Despite lingering tariff threats, experts see FY26 as promising, with reasonable valuations and expected Nifty earnings growth of 12-15%, supporting market returns in line with earnings expansion.. On the BSE, of the 4,119 stocks traded, 1,492 advanced, 2,501 declined, and 126 remained unchanged. A total of 62 stocks hit a 52-week high, while 428 touched a 52-week low. Additionally, 209 stocks reached their upper circuit, whereas 354 stocks hit their lower circuit. Read More | Source: The Hindu Business Line