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Indices trade with small gains; Media shares slide

Indices trade with small gains; Media shares slide

  • 25.03.2025 10:16
  • business-standard.com
  • Keywords: Dish TV India, Hathway Cable & Datacom

Indian stock indices rose slightly, with media shares dropping after four days of gains. Globally, Asian stocks were mixed as investors reacted to Trump's tariff threats, while US markets surged on less severe tariffs than feared.

Nvidia Services

Estimated market influence

Dish TV India

Negativesentiment_dissatisfied
Analyst rating: N/A

shares declined by 5.54%

Hathway Cable & Datacom

Negativesentiment_dissatisfied
Analyst rating: N/A

shares declined by 3.59%

Context

Business Insights and Market Implications

Key Market Performance

  • Nifty 50: Advanced by 24.50 points (0.10%) to 23,682.85.
  • S&P BSE Sensex: Gained 78.06 points (0.10%) to 78,052.21.
  • Market Breadth: 1,202 shares rose vs. 2,615 shares fell on BSE.

Media Sector Volatility

  • Nifty Media Index: Declined by 1.53% to 1,524.95, reversing a 8.41% gain over five consecutive sessions.
  • Key decliners:
    • Dish TV India: Down 5.54%.
    • Hathway Cable & Datacom: Down 3.59%.
    • Network 18 Media & Investments: Down 3.43%.

Spotlight Stocks

  • Interarch Building Products: Up 1.23% after signing an MoU with Moldtek Technologies.
  • Adani Enterprises: Down 1.41% due to subsidiary restructuring.
  • Garden Reach Shipbuilders & Engineers: Up 1.01% after securing a shipbuilding contract.

Global Market Trends

  • Wall Street: Surged on Monday, with the Dow Jones Industrial Average up 1.42%, S&P 500 up 1.76%, and Nasdaq Composite up 2.27%.
  • Tesla: Rebounded 12% after nine consecutive weeks of declines.
  • 23AndMe: Plunged 59% after filing for Chapter 11 bankruptcy.

US Economic Data

  • S&P Global Composite PMI: Rose to 53.5 (preliminary) in March from 51.6 in February.
  • Services PMI: Climbed to 54.3 from 51.
  • Manufacturing PMI: Declined to 49.8 from 52.7.

Investor Sentiment and Risks

  • Investors relieved over narrower-than-feared U.S. tariffs, reducing fears of inflation and trade disruption.
  • Global markets remain cautious amid concerns about tariff impacts on economic growth.

Strategic Considerations

  • Media Sector: Volatility suggests investor uncertainty and potential repositioning.
  • Mid-Cap and Small-Cap Indices: Underperformance indicates broader market caution.
  • Global Trade Policy: Tariff developments continue to influence investor sentiment across markets.

Long-Term Effects and Regulatory Impacts

  • U.S. PMI data highlights mixed economic signals, with services growth outpacing manufacturing decline.
  • China's central bank policy changes may impact monetary policy effectiveness in the long term.

This analysis underscores the delicate balance between sector-specific volatility and broader market trends, driven by geopolitical and macroeconomic factors.