27th 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 27th, 2025.

Key Points

1. Market News

• • • • GIFT Nifty is trading lower, indicating a flat to negative start.
      • Indian markets closed mixed on Tuesday, with the metal sector declining and media being the top gainer.
      • Asian markets opened flat following Nvidia Corp.’s earnings, which failed to trigger a rally.
      • President Trump announced new tariffs, causing market uncertainty.
      • S&P 500 remained unchanged ahead of Nvidia’s earnings release.
      • US Treasury Yields:
        • 10-Year Yield: +36 basis points to 4.27%
        • 2-Year Yield: +30 basis points to 4.08%
      • Currency Market:
        • US Dollar Index rose slightly.
        • Asian currencies traded lower against the US Dollar.
      • Commodities:
        • Crude Oil: Prices edged higher.
        • Gold: Near record levels, unchanged.
      • Indian Rupee: Fell by 49 paise to 87.20 per USD on Tuesday.
    • .

2. Technical Analysis

Nifty-50:

• Formed a small bullish candle with a long upper shadow resembling an Inverted Bullish Hammer & Tweezer Bottom, signaling a possible reversal.
• RSI at 29.62, suggesting a potential rebound, though the trend remains bearish.
• Key Support Levels: 22,605 | 22,631 | 22,674
• Key Resistance Levels: 22,520 | 22,493 | 22,451

Bank Nifty:

• Formed an Inverted Hammer pattern, suggesting potential upside.
• Holding above the support trendline, though still in a bearish trend.
• Key Support Levels: 48,794 | 48,871 | 48,996
• Key Resistance Levels: 48,543 | 48,466 | 48,340

3. Key Bullish Stocks to Watch

• UltraTech: Setting up a Wires & Cables plant in Bharuch, Gujarat, with ₹1,800 crore CAPEX (Completion: Dec 2026).
• Bharti Airtel: Considering merging D2H operations with Tata Play.
• Bharat Electronics: Board to discuss interim dividend for FY25 on March 5.
• Waaree Energies: Secured a 410 MWp solar module supply order from ABREL EPC.
• Tata Power: Signed an MoU with Assam Govt. for 5,000 MW renewable energy (₹30,000 crore investment over 5 years).
• Adani Green Energy: Won a 1,250 MW energy storage project in Uttar Pradesh.
• KPI Green Energy: Signed an MoU with Madhya Pradesh Govt. for solar, wind, hybrid energy storage.
• Mastek: Won a $85 million UK Public Service contract.
• Railtel Corp: Secured work orders of ₹111.43 crore & ₹56.66 crore from South Central Railway.
• Indian Metals & Ferro Alloys: Partnered with Ampin Energy for a 40 MW hybrid renewable power project.
• Lemon Tree Hotels: New hotel agreement in Shirdi, Maharashtra (Opening: FY 2028).
• Blue Star: Launched 150 new AC models focused on WiFi & heavy-duty segments.
• Imagicaaworld Entertainment: Acquired 100% equity in Malpani Parks Indore Pvt.
• Vakrangee: Partnered with Aditya Birla Health Insurance for corporate agency services.

Key Bearish Stocks to Watch

• Dr. Reddy’s: Received a USFDA Voluntary Action Indicated (VAI) report for its API plant in Hyderabad.
• Aegis Logistics: Received ₹61.6 lakh GST demand for FY 2021.
• SBI Life Insurance: Received ₹58.7 lakh GST demand for FY 2021.
• Delhivery: Received a ₹5.89 crore tax demand from West Bengal for FY 2020-21.
• Godrej Properties: CBI filed an FIR against Godrej Estate Developers over Environmental Clearance violations for Godrej Eternia.
• Earnings Results Today: KSB, Sanofi India, Schaeffler India.
• F&O Ban Stock: Manappuram Finance.
• Removed from F&O Ban: Chambal Fertilisers & Chemicals.

4. Sector-Wise Performance (Past Week)

• Top Performing Sectors:
  • NIFTY ALPHA 50: +1.70%
  • NIFTY SMALLCAP 100: +1.60%
  • NIFTY MEDIA: +1.20%
  • NIFTY CONSUMER DUR: +0.80%
  • NIFTY INDIA TOURISM: +0.60%

Volume Shockers (Stocks with 1.5x Previous Week’s Volume)

• ADANI POWER: +28.80%
• VEDANTA: +28.00%
• ADANI GREEN ENERGY: +27.90%
• DLF: +23.30%
• AMBUJA CEMENTS: +21.80%

5. Long Build-Up Stocks (High Open Interest Increase)

• DMART: +75.10%
• OIL: +73.80%
• HINDCOPPER: +40.00%
• GAIL: +38.90%
• ICICIGI: +36.50%

Short Build-Up Stocks (High Open Interest Decrease)

• TORNTPOWER: -5.80%
• BAJFINANCE: -43.60%
• M&M: +147.71%
• COLPAL: -0.72%
• LAURUSLABS: +23.00%

6. FII/DII Data (25th February 2025)

• Foreign Institutional Investors (FII): Net sellers of ₹3,529.10 Cr in the cash segment.
• Domestic Institutional Investors (DII): Net buyers of ₹3,030.78 Cr in the cash segment.

7. Breakout Pulse Stocks (Nifty 500)

• CHAMBLFERT: ₹564 (+4.90%)
• CHOLAHLDNG: ₹1568 (+4.28%)

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.