Market Turbulence and IPO Excitement: India's Financial Landscape on March 7

Indian markets prepare for a conservative opening on March 7, 2025, with world uncertainties hanging in the air. GIFT Nifty indicates flat to negative opening, down 64 points at 22,557. Market participants will look closely at Balaji Phosphates IPO listing on the exchanges and NAPS Global IPO allotment in SME space. Stock tips see Adani Ports and Axis Bank as top bets. The Nifty is likely to continue its pullback towards 22,800 in the weeks ahead if it remains above the 21,700-22,000 support zone. Bank Nifty, on the other hand, continues to lead, ranging between 47,800-50,500. Global market weakness and US tariff fears contribute to the day's volatility.

 

Sources: Business Standard, Times of India, Financial Express