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Home > Stock Market Updates > Opening Bell - 18 / 03 / 25
Podcast: Stock Market Updates
Episode:

Opening Bell - 18 / 03 / 25
Category: Business
Duration: 00:02:12
Publish Date: 2025-03-18 03:24:20
Description:

Opening Bell - Morning Commentary


Global market upswing maintains strength for second consecutive day


US stocks rose on Monday, building on their comeback from a four-week rout on Wall Street exacerbated by President Donald Trump’s chaotic tariff policy rollout and falling consumer confidence.


Investors were encouraged to see a rebound in U.S. retail sales for February, which climbed 0.2% for the month, after falling 0.9% last month. The Federal Reserve will hold its March FOMC meeting on Tuesday and Wednesday this week, with investors expecting the Fed to keep rates steady at 4.25% to 4.5% and updated set of economic projections expected on Wednesday afternoon.


Asia-Pacific markets rose on Tuesday, tracking gains on Wall Street, which ticked up after U.S. retail sales data appeared to ease recession concerns.


Investors will also be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting on Tuesday. The central bank is widely expected to hold interest rates steady at 0.5% when the meeting concludes on Wednesday.


The dollar hovered near a five-month low against the euro on Monday as investors worried about the economic fallout from U.S. President Donald Trump’s protectionist trade policies.


Oil prices rose on Monday after President Donald Trump said the U.S. would hold OPEC member Iran responsible for any future attack by the Houthis, a militant group in Yemen that has launched missile strikes on commercial shipping in the Red Sea and on Israel.


Gold prices were steady on Monday, sitting around the $3,000 mark that was finally broken last week, with the focus on trade tariffs and the U.S. Federal Reserve’s policy meeting.


Nifty remained within the broad range of 22300-22600 for the sixth consecutive session. It rose by 111 points, or 0.50%, to close at 22508 on Monday. After opening 44 points lower, Nifty quickly recovered and reached the day’s high of 22577 within the first half hour of trading but failed to surpass the last 5 sessions during the day.


To regain bullish momentum, Nifty needs to surpass the resistance level at 22700, aiming for an immediate target of 23000. On the downside, the support level remains around 22245-22300. If it falls below 22245, it could challenge the swing low support of 21964.


Indian markets are going to start the day strongly on back of positive international cues.
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