12th February 2025 Pre-Market Analysis

Introduction

This report provides an overview of the recent market performance, key economic indicators, and notable stocks in both bullish and bearish situations as of February 12th, 2025.

Key Points

1. Market News

• • GIFT Nifty is trading higher, indicating a positive market start.
  • Indian benchmark indices closed lower, marking the steepest fall in three weeks.
  • Asia-Pacific markets opened mixed due to Fed Chair Powell’s comments about no urgency in rate cuts.
  • US Market Updates:
    • Dow Jones ended mixed – gains in Coca-Cola & Apple balanced Tesla’s losses.
    • US 10-year yield dipped to 4.52%, while the 2-year yield remained unchanged.
  • Dollar retreated, traders await US inflation data.
  • Asian currencies traded lower, with Thai Baht & Malaysian Ringgit down 1%.
  • Oil prices fell, while gold steadied below record highs.
  • Indian Rupee strengthened by 65 paise, closing at 86.83 per USD.

2. Technical Analysis

Nifty-50

• Formed a long bearish candlestick, continuing the lower highs-lower lows pattern.
• Momentum indicators show negative signals:
  • RSI at 41
  • MACD below zero line
• Support Levels: 23,304 | 23,399 | 23,553
• Resistance Levels: 22,995 | 22,900 | 22,746

Nifty Bank

• Formed a long bearish candle, broke the support trendline.
• Traded below key moving averages, with negative RSI crossover.
• Support Levels: 49,774 | 49,947 | 50,225
• Resistance Levels: 49,217 | 49,045 | 48,766

3. Key Bullish Stocks

• HG Infra received a ₹2,469 crore order from Rail Land Development Authority.
• BHEL secured a ₹6,200 crore order from Damodar Valley Corporation.
• TVS Motor to invest ₹2,000 crore in Karnataka.
• Jupiter Wagons got a ₹600 crore order from Ambuja Cements & ACC.
• Cyient DLM signed a contract with Boeing Global Services.
• Maruti Suzuki to merge with Suzuki Motor Gujarat by April 1, 2025.
• Hatsun Agro increased stake in Milk Mantra Dairy to 98.4%.
• BEML partnered with STX Engine for battle tank & marine engines.
• Happy Forgings entered into an MoU for heavy forged components.
• Chalet Hotel acquired Mahananda Spa & Resorts.
• Nibe Limited secured 3 lakh sq. meters of land in Shirdi for defense product manufacturing.
• Standard Chartered Capital entered EV financing.
• East West Freight Carriers partnered with Abyssinia Group, expecting revenue of ₹7.5 crore.

Key Bearish Stocks

• Mrs Bector Foods received a ₹6.51 crore tax demand for GST issues.
• Ashiana Housing’s net profit fell 61% to ₹10.89 crore.
• Huhtamaki India’s EBITDA dropped 55% to ₹26.24 crore.
• Several companies to release earnings today, including:
  • Aegis Logistics, Ashok Leyland, Bajaj Consumer Care, HAL, Muthoot Finance, Siemens, SKF India, RVNL, Jubilant FoodWorks, and Natco Pharma.

4. Sector-Wise Analysis & Volume Shockers

Top 5 Performing Sector Indices (Last One Week)

• NIFTY PRIVATE BANK
• NIFTY METAL

Top 5 Volume Shockers (Nifty Next 50)

• ZOMATO
• GAIL
• VARUN BEVERAGES
• ADANI POWER
• ADANI GREEN ENERGY

5. Long Build-Up & Short Build-Up Stocks

Long Build-Up Stocks (OI Change %)

• EICHERMOT: +25.60%
• ESCORTS: +25.30%
• APOLLOHOSP: +19.70%
• NYKAA: +14.30%
• NATIONALUM: +14.00%

Short Build-Up Stocks

• NIL

6. FII & DII Activity

• FIIs were net sellers: ₹4,486.41 crore on Feb 11, 2025.
• DIIs were net buyers: ₹4,001.89 crore on Feb 11, 2025.

7. Breakout Pulse Stocks

• NILwas  identified today.

Conclusion

The market is set for a cautious start with mixed signals from international markets and local economic indicators. Investors should continue to monitor key stocks and market indices for potential movements in both bullish and bearish directions, keeping an eye on upcoming economic data and geopolitical events.