Indian stock market sector-wise performance today - March 31, 2025

The stock market on Monday (March 31, 2025) exhibited a mixed performance recently, with varying degrees of changes across different sectors and indices.

One of the most notable shifts was observed in the Nifty IT, which experienced a significant decline of 1.76%. This drop indicates potential challenges in the technology sector, possibly due to broader global tech trends or specific domestic issues.

Similarly, the Nifty Auto index witnessed a noticeable decrease of 1.03%. Such a downturn could suggest underlying pressures within the automobile industry, such as supply chain disruptions or changes in consumer demand.

On the other hand, Nifty Metal also faced a decline, dropping by 0.73%, possibly pointing to fluctuations in global metal prices or trade policies impacting the sector's performance.

In contrast, the Nifty FMCG index showed resilience by recording a positive change of 0.59%, hinting that consumer goods might be benefiting from stable demand or favorable market conditions.

The Nifty Infra index, although experiencing a minor decline of 0.28%, still maintained its ground, suggesting relatively stable conditions in the infrastructure sector.

The broad market index, Sensex, registered a marginal decline of 0.25%, a movement reflecting the overall cautious sentiment among investors.

Meanwhile, the Nifty Bank and Nifty Energy indices saw minimal declines of 0.02% and 0.33%, respectively, showing limited movements that indicate a broadly stable economic environment for both sectors.

These sectoral changes depict a market grappling with various economic signals. The pronounced decline in the Nifty IT sector might be attributed to external pressures or investor re-evaluations of technology stocks, potentially driven by concerns over growth prospects or global economic conditions.

Meanwhile, the resilience shown by the Nifty FMCG highlights consumer staples as a potentially safer investment amid market volatility.

Overall, the mixed performance across sectors underscores a period of market adjustment, with investors closely monitoring external influences and sector-specific developments to guide their investment strategies.

Analysis for Sensex - March 31, 2025

Sensex Performance: The Sensex opened at 77,690.69 and closed slightly lower at 77,414.92, experiencing a decrease of approximately 0.25% or 191.51 points. The day's trading saw a high of 77,766.70 and a low of 77,185.62, with the RSI indicating moderately strong momentum at 62.94.

Relationship with Key Moving Averages

The BSESN closed at 77414.92, which is above its 50-day EMA of 76268.15 and 10-day EMA of 76737.22, suggesting a short to mid-term uptrend. However, it is close to its 200-day EMA of 77175.66, indicating possible resistance at this longer-term moving average.

Moving Averages Trend (MACD)

The MACD for Sensex is 555.44 with a signal line at 136.41, indicating a bullish momentum as the MACD is above the signal line. This suggests that upward price movement may continue. However, investors should consider other indicators before making decisions.

RSI Analysis

RSI Analysis for Sensex: The Relative Strength Index (RSI) is 62.94, which is in the neutral zone but approaching the overbought territory. This suggests that while the Sensex is not currently overbought, continued upward movement could bring it into overbought conditions.

Analysis for Nifty Auto - March 31, 2025

Nifty Auto Performance: Nifty Auto opened at 21,570.20, reached a high of 21,577.20, and closed at 21,295.50, marking a decrease of 1.03% compared to the previous close of 21,516.75. The RSI of 46.36 indicates a neutral trend, while the MACD of -56.02 suggests weak momentum compared to the previous stronger bearish signal at -170.92. Additionally, trading volume was recorded at 592,700.

Relationship with Key Moving Averages

Nifty Auto's recent closing price of 21295.5 is currently below its 10 EMA, 20 EMA, 50 EMA, and 200 EMA, which are at 21451.47, 21421.74, 21859.41, and 22750.15 respectively. This indicates a bearish trend in the short to long term, as it is trading below these key moving averages, suggesting potential downward pressure.

Moving Averages Trend (MACD)

The MACD for Nifty Auto stands at -56.02, with a MACD Signal line at -170.92. This suggests a potential bullish crossover as the MACD is above the MACD Signal, indicating an upward momentum may be building despite the overall negative MACD value.

RSI Analysis

The RSI value for Nifty Auto is 46.36, which indicates a neutral position, as it is close to the midpoint of the RSI scale (30-70). This suggests that the index is neither overbought nor oversold and may not have a strong directional trend currently.

Analysis for Nifty Energy - March 31, 2025

Nifty Energy opened at 33,771.45, reached a high of 34,075.00, and closed at 33,571.60, marking a decrease of -0.33% or -111.35 points from the previous close. The Relative Strength Index (RSI) is at 61.70, indicating a moderately strong momentum. The 10-day EMA is above the 50-day EMA, suggesting a positive trend, though still below the 200-day EMA which indicates a longer-term bearish sentiment.

Relationship with Key Moving Averages

Nifty Energy closed at 33,571.60, which is above its 50-day EMA of 32,821.63 and the 20-day EMA of 32,573.17, but below its 200-day EMA of 35,888.01. This positioning suggests a medium-term upward trend, while the long-term trend remains downward.

Moving Averages Trend (MACD)

The MACD for Nifty Energy is at 468.80, which is significantly higher than the MACD Signal of 218.18. This suggests a bullish momentum as the MACD line is above the signal line, indicating potential upward movement.

RSI Analysis

The current RSI for Nifty Energy is 61.70, indicating a neutral to slightly overbought condition. This suggests the index may not be under imminent selling pressure but is approaching a level where further upward movement should be monitored for potential overvaluation.

Analysis for Nifty FMCG - March 31, 2025

Nifty FMCG witnessed positive movement with an opening at 53,198.80 and closing higher at 53,589.80, marking a percent change of approximately 0.59%. The index experienced a high of 54,150.90, and demonstrated technical strength with an RSI of 59.45, suggesting moderate bullish momentum.

Relationship with Key Moving Averages

The Nifty FMCG index closed at 53589.8008, trading above its 10 EMA (52925.1227) and 20 EMA (52747.1850), which indicates a potential short-term bullish trend. However, it is slightly below the 50 EMA (53609.0454), suggesting that while there is short-term strength, the medium-term trend might still be under consolidation or slight pressure.

Moving Averages Trend (MACD)

The MACD value for Nifty FMCG is 6.30, while the MACD Signal is -282.22. This positive MACD value indicates bullish momentum, suggesting the market might be moving upwards. However, the MACD is significantly lower than the MACD Signal, which could imply potential for a trend reversal or weakness in the current bullish trend.

RSI Analysis

RSI Analysis for Nifty FMCG: The Relative Strength Index (RSI) for Nifty FMCG stands at 59.45, suggesting a neutral to slightly bullish momentum. An RSI value below 70 typically indicates that the index is not in overbought territory, signaling that there's potential room for upward movement before reaching an overbought condition.

Analysis for Nifty Infra - March 31, 2025

Nifty Infra Performance: The Nifty Infra index opened at 8505.95 and closed at 8457.80, experiencing a slight decline of 0.28% with a points change of -24.10. The index showed a trading range with a high of 8539.75 and a low of 8399.30. The current RSI value indicates relatively strong momentum at 66.17, and the MACD value of 117.84 suggests positive market sentiment.

Relationship with Key Moving Averages

Nifty Infra closed at 8457.80, which is above its 50 EMA of 8198.16 and 20 EMA of 8212.44, indicating a bullish trend in the short to medium term. It is also above the 10 EMA of 8334.65, and the 200 EMA of 8404.52, further supporting a positive outlook in the longer term.

Moving Averages Trend (MACD)

Nifty Infra's MACD value is 117.84, which is above its MACD Signal of 58.08, indicating a bullish trend. This suggests that the momentum is positive, and the stock may continue to rise in the short term.

RSI Analysis

Nifty Infra has an RSI value of 66.17, indicating a moderately strong momentum in the market. Typically, an RSI above 70 suggests that the asset might be overbought, while below 30 indicates oversold conditions. With the current RSI, Nifty Infra is approaching overbought territory, suggesting caution for potential buyers.

Analysis for Nifty IT - March 31, 2025

Nifty IT Performance: The Nifty IT index opened at 37376.60 and closed at 36886.15, marking a decrease of -1.76% with a points change of -662.15. The RSI indicates a value of 38.76, suggesting it is nearing oversold territory, while the MACD of -816.98 is below the signal line, reflecting bearish momentum.

Relationship with Key Moving Averages

The Nifty IT index closed at 36886.15, which is below the 10-day EMA of 37151.56, indicating short-term bearish momentum. It is also below both the 50-day EMA of 39358.82 and the 200-day EMA of 40057.49, suggesting a bearish trend over both medium and long terms.

Moving Averages Trend (MACD)

The MACD for Nifty IT is -816.98, which is below the MACD Signal of -1057.02. This suggests a potential bullish signal as the MACD is converging towards the signal line, indicating that the negative momentum might be slowing down.

RSI Analysis

The Relative Strength Index (RSI) for Nifty IT is 38.76, which suggests that the index is approaching oversold conditions. An RSI below 30 typically indicates oversold levels, and while not there yet, the current RSI indicates decreasing momentum. Caution is advised as it could signal a potential reversal or consolidation.

Analysis for Nifty Metal - March 31, 2025

### Nifty Metal Performance The Nifty Metal index opened at 9172.90 and closed at 9092.5, marking a decrease of approximately 0.73% from the previous close. The index traded between a high of 9235.2 and a low of 9045.1 with a total volume of 1,139,900. The RSI is at a healthy level of 59.43, indicating a neutral momentum, while the MACD shows a minor bullish divergence, as it remains above the MACD signal line.

Relationship with Key Moving Averages

The close price of Nifty Metal is positioned below its 10 EMA of 9079.87 but above the 20 EMA of 8936.74. Additionally, it is trading above its 50 EMA of 8762.59 and above the 200 EMA of 8821.24, indicating a generally bullish trend over the long term despite facing short-term resistance.

Moving Averages Trend (MACD)

Nifty Metal MACD Analysis: The MACD value for Nifty Metal stands at 180.54, which is above the MACD Signal of 172.85. This suggests a bullish momentum as the MACD line is above the signal line, indicating positive movement and a potential continuation of the uptrend.

RSI Analysis

The RSI for Nifty Metal is at 59.43, which indicates a neutral to slightly bullish sentiment. An RSI below 70 suggests that the index is not in overbought territory, which could imply there is room for further upward movement if bullish conditions persist.

Analysis for Nifty Bank - March 31, 2025

Nifty Bank opened at 51608.40, reaching a high of 51839.10 and dipping to a low of 51335.35, closing at 51564.85, which is slightly below the previous close, reflecting a marginal decline of 0.021% or 11 points. The index's technical indicators point towards relatively strong momentum, with an RSI of approximately 69.8, suggesting it is nearing overbought levels. The MACD is positioned at 663.67 with a signal line of 316.90, indicating potential bullish momentum despite the slight decrease in close value.

Relationship with Key Moving Averages

Nifty Bank's closing price of 51,564.85 is above the 50 EMA of 49,743.46 and the 200 EMA of 49,986.79, indicating a bullish trend in both the short and long term. However, the close is slightly above the 10 EMA of 50,691.73 and the 20 EMA of 50,013.69, suggesting short-term momentum might be weakening.

Moving Averages Trend (MACD)

The MACD value of 663.67, which is above the MACD Signal value of 316.90, indicates a bullish trend for Nifty Bank. This suggests that the momentum might be in favor of a continued upward movement in the short term. However, investors should also consider other indicators and market conditions for a comprehensive analysis.

RSI Analysis

Nifty Bank's RSI (Relative Strength Index) is at 69.80, indicating that it is nearing the overbought zone, as RSI values above 70 are typically considered overbought. Investors should watch for potential price corrections or reversals.

Analysis for Nifty 50 - March 31, 2025

Nifty 50 opened at 23,600.40 and closed at 23,519.35, experiencing a slight decline of approximately 0.31% or a decrease of 72.60 points from the previous close. The index reached a high of 23,649.20 and a low of 23,450.20, with a trading volume of 295,400. The 50-day and 200-day Exponential Moving Averages indicate a generally upward trend, while the Relative Strength Index (RSI) of 64.07 suggests it's approaching overbought conditions. Overall, the Nifty 50 saw a minor drop in performance.

Relationship with Key Moving Averages

The Nifty 50 closed at 23519.35, which is above its 50-day EMA of 23115.95 and its 200-day EMA of 23410.94, indicating a potential bullish trend. However, the 10-day EMA of 23299.32 and 20-day EMA of 23083.91 are below the closing price, also hinting at short-term strength in the index.

Moving Averages Trend (MACD)

The Nifty 50's MACD value of 190.96 is significantly higher than the MACD Signal of 60.93, indicating a strong bullish momentum. This suggests positive market sentiment and potential upward price movement.

RSI Analysis

RSI Analysis for Nifty 50: The Relative Strength Index (RSI) for Nifty 50 stands at approximately 64.07, which suggests that the index is in the higher range of the neutral zone. It implies that while the market is not overbought yet, it is approaching potential overbought conditions if the RSI continues to rise.