Indian Shares Slightly Lower Amid U.S. Tariff Concerns

Indian shares ended slightly lower due to uncertainty over U.S. tariffs and deflation signs in China. Despite some alleviation from U.S. jobs data, concerns persist, affecting market sentiment and leading to profit booking after a recent recovery.

Date: 10-03-2025

AI Rating: 5

**Market Overview**
Indian shares experienced a decline, with the benchmark 30-share BSE Sensex down by 217.41 points or 0.29 percent, closing at 74,115.17. The broader NSE Nifty index also fell by 92.20 points or 0.41 percent to end at 22,460.30. This slight decrease can be attributed to various factors, including uncertainty surrounding U.S. tariffs and deflationary pressures emerging from China, leading to cautious trading behavior among investors.

**Profit Booking**
Despite a positive trend in recent sessions, the stocks took a downturn as traders opted to book profits amid new tensions regarding tariffs. President Trump's comments regarding the potential for recession contributed to the cautious sentiment, exacerbating the sell-off in the market.

**Sector Performance**
The fall in the BSE mid-cap and small-cap indexes, down 1.5 percent and 2.1 percent respectively, highlights the negative market breadth. Notably, 2,880 shares declined against only 1,203 that advanced, indicating a significant shift toward a bearish market outlook.

**Stock Movements**
Certain companies under the Nifty pack faced notable declines, with Eicher Motors, Bajaj Auto, IndusInd Bank, Trent, and ONGC falling between 3-4 percent. Conversely, Power Grid Corp saw a gain of over 3 percent, underscoring the mixed performance of stocks in the current environment. The increased stock value of Hindustan Unilever by 1.9 percent and GRM Overseas rallying by 3.6 percent suggests some individual stock positive opportunities amidst overall market volatility. However, without specific financial metrics discussed in the report, such as Earnings Per Share (EPS), Revenue Growth, or other performance indicators, a thorough evaluation of long-term investment potential remains limited.

Stocks: EICHER BAJAJ-AUTO INDUSIND Trent ONGC POWERGRID HINDUNILVR GRMOVERSEAS