Fri Mar 07 05:20:30 UTC 2025: ## Market Volatility Amidst Global Trade Uncertainties
**Mumbai, March 7, 2025** – Indian benchmark indices, the Sensex and Nifty, experienced volatile trading on Friday, March 7th, 2025, driven by continued foreign fund outflows and global trade war uncertainties. The Sensex fell 243.51 points (0.33%) to 74,096.58, while the Nifty dropped 53.35 points (0.24%) to 22,491.35.
This downturn follows two days of gains. Several Sensex stocks, including IndusInd Bank, NTPC, and HCL Technologies, experienced losses, while others like Tata Motors and Reliance Industries saw increases.
The postponement of US tariffs on Canadian and Mexican goods to April 2nd by President Trump is being closely scrutinized by the market. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, suggests that this indicates a preference for negotiation over prolonged high tariffs. He noted that the US market’s overnight decline reflects concerns that Trump’s policies could negatively impact US growth and earnings. China and Germany, meanwhile, are reportedly implementing reforms to counteract the effects of these policies.
Despite the negative impact of Foreign Institutional Investors (FIIs) offloading ₹2,377.32 crore in equities (partially offset by Domestic Institutional Investors (DIIs) buying ₹1,617.80 crore), Vijayakumar highlighted a positive trend of increasing retail and high-net-worth individual (HNI) buying, suggesting continued market upward momentum. The softening dollar index is also seen as beneficial for India’s growth.
Global markets showed mixed results, with Tokyo and Seoul trading lower, Shanghai flat, and Hong Kong positive. US markets closed lower on Thursday. Brent crude saw a slight increase to $69.51 a barrel. Market watchers are awaiting commentary from US Federal Reserve Chair Jerome Powell and the release of the Central bank’s balance sheet later in the day.
First Piper 