14th 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 14th, 2025.

Key Points

1. Market News

• • • GIFT Nifty trading higher, indicating a positive start.
    • NSE Nifty 50 & BSE Sensex down for 7 consecutive sessions, mainly due to losses in Infosys and HDFC Bank.
    • Asian equities declined despite Wall Street gains (Trump signed reciprocal tariff plans but postponed implementation).
    • S&P 500 closed lower due to higher-than-expected U.S. inflation data.
    • CVS Health & Gilead Sciences rallied after strong quarterly results.
    • US bond yields flat in early Asian trading.
    • US Dollar stable, traders analyzing inflation concerns & delayed tariffs.
    • Asian currencies appreciated, Malaysian Ringgit leading the way.
    • Oil prices stable (Russia-Ukraine peace deal concerns vs. halted US tariffs).
    • Gold prices continued upward trend due to trade war fears.
    • Indian Rupee steady at 86.89 against USD.

2. Technical Analysis

Nifty-50

• Formed small-bodied bearish candlestick with a long upper shadow.
• Below key moving averages & in lower Bollinger Band, showing weak price action.
• RSI at 40.17 (lower band), MACD below zero with a negative crossover.
• Key Support Levels: 23,179 | 23,237 | 23,330
• Key Resistance Levels: 22,993 | 22,936 | 22,843

Bank Nifty

• Formed bearish candlestick with long upper wick, indicating selling pressure.
• Below key moving averages, holding midline of Bollinger Bands for 3 sessions.
• RSI low, MACD below zero, confirming bearish momentum.
• Key Support Levels: 49,705 | 49,837 | 50,051
• Key Resistance Levels: 49,277 | 49,145 | 48,931

3. Key Bullish Stocks to Watch

• TCS: Leading IT transformation for UPM with an AI-first model.
• Mahindra Lifespaces: Plans to raise ₹1,500 Cr via a rights issue.
• Piramal Enterprises: Issuing NCDs worth ₹450 Cr (9.10% annual coupon).
• Manappuram Finance: Approved raising $2 billion via global medium-term notes.
• Bank of Baroda: Raising ₹8,500 Cr via QIP.
• Ultratech Cement: Expanding Tamil Nadu unit capacity by 0.6 MTPA.
• United Breweries: Investing ₹750 Cr in a new brewery in Uttar Pradesh.
• Bank of Maharashtra: Approved to set up IFSC unit in GIFT City.
• Apollo Pipes: Promoter acquired 6 lakh shares of Kisan Mouldings.
• TVS Motor: Purchased 67.1 lakh shares at ₹159.42.
• Hexaware IPO: Only 0.15x subscribed on Day 2.
• Quality Power IPO: Price range ₹401-₹425, aiming to raise ₹858.7 Cr.

Key Bearish Stocks to Watch

KIOCL (Q3 Highlights – YoY)

• Revenue down 67.2% to ₹181 Cr.
• EBITDA loss of ₹43.5 Cr.
• Net loss of ₹47.79 Cr.

Deepak Nitrite (Q3 Highlights – YoY)

• Revenue fell 5.28% to ₹1,903 Cr.
• Net profit down 51.48% to ₹98 Cr.

4. Sector-Wise Analysis & Volume Shockers

Top 5 NSE Sector Indices (Positive Weekly Performance)

• Sector 1 (+%)
• Sector 2 (+%)
• Sector 3 (+%)
• Sector 4 (+%)
• Sector 5 (+%)

Top 5 Nifty Next 50 Stocks with High Volume (1.5x previous week’s average)

1. NIL SAMVARDHANA MOTH (CMP: ₹129)
2. DLF (CMP: ₹680)
3. CHOLAMANDALAM (CMP: ₹1390)
4. SIEMENS (CMP: ₹5105)
5. GODREJ CP (CMP: ₹1052)

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

Long Build-Up Stocks (Top 5 based on Open Interest Change)

1. KEI (+18.30%)
2. UBL (+12.70%)
3. PIIND (+11.20%)
4. BHARATFORG (+9.50%)
5. HINDPETRO (+8.90%)

Short Build-Up Stocks (Top 5 based on Open Interest Change)

1. Stock 1 (+21.20%)
2. Stock 2 (+18.80%)
3. Stock 3 (+8.30%)
4. Stock 4 (+7.40%)
5. Stock 5 (+6.30%)

6. Institutional Investments (13th Feb 2025)

• FIIs (Foreign Institutional Investors) were net sellers: ₹-2,789.91 Cr.
• DIIs (Domestic Institutional Investors) were net buyers: ₹2,934.50 Cr.

7. Breakout Pulse Stocks (Potential Uptrend 2-5%)

1. BAJAJFINSV (₹1849, +3.39%)
2. CHOLAFIN (₹1390, +2.88%)
3. BAJAJHLDNG (₹12,142, +2.24%)

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.