Stock Market Live Updates 3 March 2025: Sensex, Nifty poised for positive start amid mixed global cues; FPI selling remains a concern
Sensex, Nifty, Share Price LIVE: As a new month unfolds, domestic markets exhibit a positive outlook amid mixed global cues, fueled by steady economic indicators like a 6.2% GDP growth and robust GST collections at ₹1.84 lakh crore. However, persistent selling by foreign portfolio investors poses risks, compelling analysts to view market rallies cautiously. Experts predict a modest GDP growth of around 7% in Q4 FY25, supported by better rural demand and festive consumption. Nevertheless, challenges such as geopolitical tensions and uncertainty in corporate earnings growth remain prevalent. Recent market trends indicate a 15.87% correction in Nifty 50, marking the longest losing streak since 2000, with significant resistance at 22,500 and 22,800. Traders are advised to adopt a cautious, sell-on-rise strategy as they closely monitor key support levels and global economic developments.
