Indian Stock Market Update: Key Overnight Developments Affecting Sensex & Nifty 50 Today

Global Market Sell-Off, Nasdaq’s $1 Trillion Wipeout, and Japan GDP Data Weigh on Indian Markets

March 11, 2025: Indian stock market indices Sensex and Nifty 50 are expected to open lower on Tuesday, March 11, 2025, following weak global cues. A massive sell-off in US tech stocks has led to the Nasdaq’s biggest single-day percentage drop since 2022, wiping out over $1 trillion in market value.

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Additionally, Gift Nifty was trading at 22,346, nearly 169 points lower than Nifty’s previous close, signaling a gap-down opening for Indian markets.

📉 Key Global Market Cues Impacting Sensex & Nifty 50 Today

1️⃣ Nasdaq Faces Worst Day Since 2022 – $1 Trillion Wiped Out

• The Nasdaq Composite crashed 4.00%, its biggest single-day percentage drop since September 2022.
• The Nasdaq 100 index plunged 3.81%, erasing over $1 trillion in value.
• Biggest losers:
  • Tesla (-15.4%) – Now down 45% in 2025.
  • Nvidia (-5.07%) – Lost over $1 trillion market cap in two months.
  • Apple (-4.85%), Microsoft (-3.34%), Amazon (-2.36%) also fell sharply.

2️⃣ Asian Markets in Deep Red

Also Read: Stock Market Today: Sensex, Nifty 50 Decline Amid Global Weakness; Reliance, L&T Lead Losses

• Japan’s Nikkei 225 fell 2.7%, while Topix index was down 2.8%.
• South Korea’s Kospi (-2.19%) and Kosdaq (-2.22%) also saw sharp declines.
• Hong Kong’s Hang Seng indicated further weakness.

3️⃣ Wall Street Bloodbath: Dow & S&P 500 Plunge

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• Dow Jones crashed 890 points (-2.08%).
• S&P 500 lost 2.70%, seeing its worst drop since December 2023.

4️⃣ Japan GDP Growth Weaker Than Expected

• Japan’s GDP expanded at 2.2% (vs. 2.8% expected) in the October-December quarter.
• Slower growth raises recession concerns for Asia’s second-largest economy.

5️⃣ Gold Prices Holding Steady

• Spot gold at $2,887.61/ounce, while US gold futures fell 0.3% to $2,891.70.
• Investors await key US inflation data for Federal Reserve interest rate cues.

6️⃣ Crude Oil Prices Falling

• Concerns over US tariffs & economic slowdown are driving oil prices lower:
  • Brent crude at $68.91 (-0.53%)
  • WTI crude at $65.54 (-0.74%)

7️⃣ US Dollar Index Remains Flat

• The US Dollar Index settled at 103.89 after mixed movements in global currencies.
• Japanese yen hit a five-month high at 146.625 per dollar before settling at 146.85.

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📊 How Will This Impact the Indian Stock Market Today?

✅ Gift Nifty indicates a gap-down opening.
✅ Sensex and Nifty 50 likely to extend losses from Monday as investors react to weak global cues.
✅ IT stocks (Infosys, TCS, Wipro) may come under pressure due to the Nasdaq tech crash.
✅ Oil & gas sector stocks (Reliance, ONGC) may see movement as crude prices drop.
✅ Gold-linked stocks (Titan, Muthoot Finance, Manappuram) could remain stable due to firm bullion prices.

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📢 Market Outlook for Today

With no major domestic triggers, Indian markets will likely remain range-bound while reacting to global economic concerns and US tariff tensions.

📍 Stay tuned for live updates on the stock market movement throughout the day! 🚀📈

Tags: Indian stock market, Sensex today, Nifty 50, Nasdaq crash, Japan GDP, crude oil prices, gold prices, Gift Nifty, Tesla stock, Nvidia stock, US tariffs