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INDIAN MARKET

Sensex and Nifty 50 End Flat Amid Market Uncertainty

The Indian stock market had a mixed closing on March 11, with the Sensex falling slightly while the Nifty 50 ended higher. The Sensex dropped 13 points (0.02%) to close at 74,102.32, while the Nifty 50 gained 38 points (0.17%) to settle at 22,497.90.

The market remained uncertain due to concerns over US President Donald Trump’s tariff policies and their impact on the global economy. The day started with fluctuations, as the Sensex touched a high of 74,195.17 and a low of 73,663.60, while the Nifty 50 saw similar movements.

Among key stocks, ICICI Bank, Bharti Airtel, and Reliance Industries supported gains, but losses in IndusInd Bank, Infosys, and Mahindra & Mahindra offset the positive momentum. IndusInd Bank’s stock plunged 27% due to concerns over a ₹1,530 crore lapse in its derivatives portfolio.

The midcap segment performed well, rising 0.72%, while small-cap stocks declined by 0.70%. The overall market capitalization of BSE-listed firms increased to nearly ₹395 lakh crore. Experts believe that falling crude oil prices, a stabilizing dollar, and positive earnings expectations could help the market recover in the coming days.

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