Indian stock market sector-wise performance today - March 26, 2025

The stock market on Wednesday (March 26, 2025) experienced varied performance across different sectors and indices, with some notable changes observed.

The benchmark BSE Sensex saw a decline of 0.93%, closing lower by 728.69 points from its previous close.

The Nifty also reported a similar trend with a decrease of 0.77%, losing 181.80 points by the end of the trading session.

In terms of sectoral performance, Nifty IT recorded a significant decline, dropping 0.98%, the most substantial percentage decrease among the sectors. This reduction resulted in a decrease of 370.20 points for Nifty IT.

Such a decline could indicate investor apprehensions about the technology sector, possibly due to global tech market trends or sector-specific challenges that could affect future profitability.

Nifty Energy followed with a decrease of 0.89%, falling by 297 points. This decline might be attributed to fluctuating energy prices or regulatory changes impacting energy companies.

Meanwhile, Nifty Bank also experienced a decline of 0.77%, mirroring the overall market sentiment, possibly reflecting the impacts of monetary policy announcements or economic conditions that affected banking stocks.

The Nifty Auto sector presented a contrasting scenario with a minor increase of 0.024%, gaining 5.20 points. This slight uptick suggests marginal positive sentiment in the automotive sector, perhaps driven by favorable sales reports or market expectations of upcoming favorable policies.

Nifty Metal decreased by 0.39%, shedding 35.20 points. The decline in Nifty Metal could be attributed to movements in commodity prices or geopolitical factors affecting the mining and metals industry.

Nifty FMCG underwent a decline of 0.27%, losing 142.80 points. This might indicate investor caution regarding consumer goods, potentially due to consumer spending patterns or inflationary pressures.

Lastly, Nifty Infrastructure experienced a decrease of 0.52%, which could reflect investor concerns about the infrastructure sector's growth prospects amid market volatility or changes in policy affecting infrastructure investments.

Overall, the significant decline in Nifty IT highlights the market's cautious stance on technology stocks, influenced possibly by external market pressures or sector-specific developments.

The mixed performance across sectors showcases the varied investor sentiment and underlying economic conditions influencing the market movements on this day.

Analysis for Sensex - March 26, 2025

Sensex Performance: On the day's trading, the Sensex opened at 78,021.45 and closed at 77,288.50, showing a negative % change of -0.93% with a points decline of 728.69 from the previous close of 78,017.19. Despite the current drop, the RSI is at 63.14, indicating it is not in the oversold territory. The 50-day and 200-day EMAs are at 76,164.80 and 77,168.03 respectively, showing a slight downward trend. The MACD of 426.82 and its signal of -88.13 may point towards potential market movements ahead.

Relationship with Key Moving Averages

The Sensex closed at 77,288.5, which is below the 50 EMA of 76,164.80 but above the 200 EMA of 77,168.03, indicating a short-term downtrend while maintaining a longer-term positive trend. The current price is also above the 10 EMA of 76,359.99 and the 20 EMA of 75,773.65, reflecting potential support levels in recent trends.

Moving Averages Trend (MACD)

The MACD value for Sensex is at 426.82, with a MACD Signal of -88.13. This positive MACD indicates strong upward momentum relative to the Signal Line, suggesting a bullish market trend despite the recent drop in close price.

RSI Analysis

The RSI value for Sensex is 63.14, suggesting that the index is in a neutral to slightly overbought state. Typically, an RSI above 70 is considered overbought, and below 30 is oversold, so the current value indicates that the index is not in an extreme condition.

Analysis for Nifty Auto - March 26, 2025

Nifty Auto opened at 21,776.10, reaching a high of 21,924.60 and a low of 21,704.80, closing slightly up at 21,742.80. The index saw a minor increase of 0.024% or 5.20 points compared to the previous close. Technical indicators show an RSI of 54.26 and a negative MACD of -57.69, suggesting modest momentum without extreme volatility.

Relationship with Key Moving Averages

The closing price of Nifty Auto at 21,742.80 is below both the 50-day EMA at 21,897.35 and the 200-day EMA at 22,776.94, indicating potential bearish sentiment in comparison to longer-term moving averages. However, it remains above the 10-day EMA and 20-day EMA, which may suggest short-term recovery potential.

Moving Averages Trend (MACD)

The MACD for Nifty Auto is negative at -57.69, indicating a bearish trend. However, the MACD line is closer to the Signal line, which is also negative at -237.76, suggesting a potential convergence. This could imply a possible trend reversal, but further confirmation is needed.

RSI Analysis

The RSI for Nifty Auto is at 54.26, which suggests a neutral position, indicating that the index is neither in an overbought nor oversold region. This level of RSI often reflects a balance in buying and selling pressures, offering no strong directional bias.

Analysis for Nifty Energy - March 26, 2025

The Nifty Energy index showed a decline, closing at 33,205.40, down by 0.89% from its previous close of 33,502.40. The index exhibited a volatile session with an intraday high of 33,791.55 and a low of 33,165.30. Despite this decline, the 50-day EMA is above the 10-day and 20-day EMAs, indicating some underlying strength. The RSI at 59.47 suggests the index is nearing overbought conditions, while the MACD reading is positive, signifying potential bullish momentum.

Relationship with Key Moving Averages

The Nifty Energy index (CNXENERGY) closed below its previous close and is trading slightly above its 50-day EMA (32,754.62) and 10-day EMA (32,813.01), indicating a short-term bullish trend relative to these averages. However, it remains significantly below the 200-day EMA (35,933.32), suggesting a potential long-term bearish outlook.

Moving Averages Trend (MACD)

The MACD for Nifty Energy is significantly above its Signal line, with a value of 390.23 compared to 83.88. This suggests a strong bullish momentum for the index, indicating a potential continuation of the upward trend.

RSI Analysis

Nifty Energy's RSI is currently at 59.47, indicating a neutral to slightly bullish momentum. Since RSI is below 70, it suggests that the index is not yet in overbought territory, allowing potential room for upward movement.

Analysis for Nifty FMCG - March 26, 2025

Nifty FMCG opened at 53,229.45, reached a high of 53,291.55, and closed slightly lower at 52,988.50. The index experienced a decrease of 142.80 points from the previous close, showing a negative change of -0.27%. The 10-day EMA is at 52,666.49, indicating a short-term momentum below the 50 and 200-day EMAs. The RSI value of 52.87 suggests a neutral position in terms of strength.

Relationship with Key Moving Averages

The Nifty FMCG index closed below its 50-day and 200-day EMAs, indicating a potential bearish trend. However, it is above the 10-day and 20-day EMAs, which suggests a short-term bullish sentiment. This mixed indication reflects consolidation or indecision in the market for the FMCG sector.

Moving Averages Trend (MACD)

Nifty FMCG is showing a recovering bullish momentum as indicated by the MACD crossing above its signal line, despite being in a negative territory. This suggests a possible trend reversal, but it remains important to watch for further confirmation in price action.

RSI Analysis

Nifty FMCG RSI Analysis: The Relative Strength Index (RSI) for Nifty FMCG stands at approximately 52.87, suggesting a neutral position. This indicates that the index is neither overbought nor oversold, implying a balanced momentum.

Analysis for Nifty Infra - March 26, 2025

Nifty Infra opened at 8497.20 and closed at 8428.55, experiencing a slight decline with a points change of -44.30 and a percentage change of -0.52%. The stock is trading close to its 200 EMA of 8403.06, with an RSI of 66.08 indicating potential overbought conditions. The MACD is significantly above the MACD signal, suggesting bullish momentum.

Relationship with Key Moving Averages

Nifty Infra closed at 8428.55, which is above the 50-day EMA of 8175.54 and the 10-day EMA of 8268.48, indicating a bullish trend in the short term. However, it is slightly above the 200-day EMA of 8403.06, suggesting a need for further confirmation for long-term bullishness.

Moving Averages Trend (MACD)

The MACD for Nifty Infra indicates a strong bullish momentum as it is significantly above the MACD Signal line, with a MACD value of 98.84 compared to the Signal line at 26.11. This suggests that the current uptrend may continue if the momentum holds.

RSI Analysis

The RSI value for Nifty Infra is 66.08, indicating that the index is approaching overbought territory but hasn't entered it yet. Typically, RSI values above 70 suggest an overbought condition, and values below 30 indicate an oversold condition. Current momentum suggests caution, as the index is nearing the overbought threshold.

Analysis for Nifty IT - March 26, 2025

Nifty IT opened at 37719.45 and closed at 37336.70, showing a decline with a points change of -370.20. The percentage change was -0.98%, indicating a bearish performance. The RSI of 41.54 suggests that the index is currently in the neutral-to-oversold zone.

Relationship with Key Moving Averages

The Nifty IT index is currently trading below its key moving averages, with the close at 37336.70, which is below the 50 EMA at 39537.76 and the 200 EMA at 40114.52, indicating a potential bearish trend. However, it is slightly above the 10 EMA at 37135.48, but still below the 20 EMA, suggesting short-term support but overall weakness.

Moving Averages Trend (MACD)

The MACD for Nifty IT is -947.18, while the MACD Signal is -1183.79, indicating a weak current momentum relative to its signal line. The positive difference suggests a potential upward momentum shift, but given the overall negative values, caution is advised. The RSI is also low at 41.54, which may imply oversold conditions.

RSI Analysis

Based on the provided data, the Relative Strength Index (RSI) for Nifty IT is 41.54, which suggests that the stock is in the lower range of the neutral zone. This indicates that the stock might be approaching oversold conditions, and there may be potential for upward movement if the trend changes.

Analysis for Nifty Metal - March 26, 2025

Nifty Metal opened at 9150.65 and closed at 9097.70, marking a decline of approximately 0.39% with a points change of -35.20. The 10-day EMA of 9058.67 suggests a short-term bearish trend, while the RSI of 60.82 indicates a neutral to slightly bullish momentum.

Relationship with Key Moving Averages

Nifty Metal closed at 9097.70, slightly above its 10 EMA of 9058.67, indicating a short-term bullish momentum. However, it remains well above its 50 EMA and 200 EMA, suggesting strong upward momentum over both short and long-term periods.

Moving Averages Trend (MACD)

The MACD for Nifty Metal is 194.16, which is above the MACD Signal line at 165.97. This indicates a bullish sentiment in the market, suggesting that the stock's momentum is upward. However, always consider other indicators and market conditions before making investment decisions.

RSI Analysis

RSI Analysis for Nifty Metal The RSI for Nifty Metal is 60.82, indicating that the stock is in a neutral to slightly bullish phase. Since it is below 70, there isn't an immediate overbought condition, suggesting that there is still some room for upward movement, but traders should monitor for any changes.

Analysis for Nifty Bank - March 26, 2025

Nifty Bank opened at 51,640.05 and closed at 51,209.0, marking a decrease with a percentage change of -0.77%. The stock faced resistance near its high of 51,875.80 and support at its low of 51,069.15. The technical indicators show that the Relative Strength Index (RSI) is at 67.63, suggesting a neutral zone, while the Moving Average Convergence Divergence (MACD) is at 527.79, above its signal line of 135.68, indicating bullish momentum.

Relationship with Key Moving Averages

The closing price of Nifty Bank is above the 50-day EMA (49591.29) and 200-day EMA (49954.16), indicating a potential upward trend in the short to medium term. However, it is very close to the 10-day EMA (50258.11) and the 20-day EMA (49668.79), suggesting possible consolidation or near-term volatility.

Moving Averages Trend (MACD)

The Nifty Bank's MACD value of 527.79 significantly exceeds the MACD signal of 135.68, suggesting a strong bullish momentum. This could indicate a continued upward trend in the index's price, even though there was a slight decrease in the closing price.

RSI Analysis

The RSI value for Nifty Bank is 67.63, indicating that the stock is approaching overbought territory. RSI values above 70 are typically considered overbought, suggesting that Nifty Bank is nearing that threshold, which might warrant caution for potential pullbacks.

Analysis for Nifty 50 - March 26, 2025

Nifty 50 Performance: The Nifty 50 opened at 23,700.95 and experienced a high of 23,736.5 and a low of 23,451.7 before closing at 23,486.85. It showed a decline of 0.768%, resulting in a points change of -181.80 from the previous close of 23,668.65. The 50-day and 200-day exponential moving averages are 23,079.38 and 23,407.75, respectively, while the index RSI stands at 64.76.

Relationship with Key Moving Averages

Nifty 50 is trading above its 50 EMA and 10 EMA, indicating a short-term uptrend, as the current close price of 23,486.85 is greater than both the 50 EMA of 23,079.38 and the 10 EMA of 23,174.53. However, it is slightly below the 200 EMA of 23,407.75, suggesting a potential consolidation phase despite the current positive momentum.

Moving Averages Trend (MACD)

MACD Analysis for Nifty 50: The MACD value is 149.93, which is significantly above the MACD Signal of -8.80. This suggests a bullish momentum, indicating potential upward price movement for Nifty 50.

RSI Analysis

The RSI (Relative Strength Index) for Nifty 50 is 64.76, indicating that the index is approaching overbought territory. With RSI values typically interpreted as indicating overbought conditions above 70 and oversold conditions below 30, Nifty 50 is currently showing strong recent momentum, but investors should monitor for potential reversals.