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NBCC’s Property Sale, Bajaj Healthcare’s Trial Nod, and G R Infra’s NHAI Project Drive Gains
NBCC’s Property Sale, Bajaj Healthcare’s Trial Nod, and G R Infra’s NHAI Project Drive Gains
Written by - Fisdom Research
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March 19, 2025
2 minutes
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Market Snapshot
Indian equity indices extended gains for the second consecutive session.
Nifty surged past 22,850 intraday, driven by broad-based buying.
All sectoral indices closed in the green, with strong gains in:
Auto, Capital Goods, Consumer Durables, Metal, Power, Realty, and Media, up 2-3%.
Broader markets outperformed benchmark indices: BSE Midcap and Smallcap indices gained over 2% each
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY REALTY
2.8
NIFTY METAL
1.3
NIFTY PSU BANK
2.0
NIFTY MEDIA
1.1
NIFTY CONSUMER DURABLES
1.5
NIFTY OIL & GAS
1.1
NIFTY HEALTHCARE INDEX
1.3
NIFTY BANK
0.8
Top News
NBCC shares surged 5% after the company sold 1,046 residential units in Noida for ₹2,353 crore, earning a 1% marketing fee on the sale.
Bajaj Healthcare jumped nearly 10% to a 52-week high of ₹740 after receiving CDSCO approval for Phase III clinical trials of its anti-seizure drug ‘Cenobamate.’
G R Infraprojects rallied over 14% intraday after securing a ₹4,263-crore project from NHAI for the Agra-Gwalior greenfield road, though it later trimmed gains
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
SHRIRAMFIN
3.9
TECHM
-2.3
HDFCLIFE
3.8
ITC
-1.4
APOLLOHOSP
2.9
TCS
-1.3
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
22,600
23,000 – 23,100
Bank Nifty
49,000
50,000-50,200
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