3rd March 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 March 3rd, 2025.

Key Points

1. Market News

• • • • • GIFT Nifty indicates a positive market opening.
        • NSE Nifty 50 closed at its lowest since June 5.
        • Over 450 of Nifty 500 stocks declined in February.
        • Asian markets uncertain due to worries over tariffs.
        • Bitcoin surged after being included in the US Strategic Reserve for Cryptos.
        • Wall Street ended higher despite a volatile session.
        • US Treasury yields increased (10-year at 4.24%, 2-year at 0.02%).
        • Dollar index dipped to 107.29.
        • Oil prices rebounded slightly after last week’s decline.
        • Gold bounced back following correction.
        • Rupee weakened by 32 paise, closing at 87.52 against the US Dollar.
    • .

2. Technical Analysis

Nifty-50

• Bearish candle with high trading volumes (highest since Nov 25, 2024).
• RSI at 22.40 (oversold territory, potential price reversal).
• MACD below zero with a negative crossover (bearish momentum).
• Key Support Levels: 22,359 | 22,440 | 22,572
• Key Resistance Levels: 22,095 | 22,013 | 21,881

Nifty Bank

• Bullish candle with long lower shadow (buying interest at lower levels).
• Index trading near lower Bollinger Bands.
• Sentiment remains bearish despite minor recovery.
• Key Support Levels: 48,522 | 48,639 | 48,828
• Key Resistance Levels: 48,143 | 48,026 | 47,837

3. Key Bullish Stocks

• Dalmia Bharat to expand cement capacity by 6 MTPA in Maharashtra and Karnataka.
• Mazagon Dock: Biju George takes over as CMD from March 1.
• NCC secures ₹218.82 crore work orders.
• RailTel gets a ₹26.37 crore contract.
• Aditya Birla Real Estate books ₹500 crore from Phase 3 of Birla Trimatya.
• NTPC achieved 400 BU power generation milestone in record time.
• Aurobindo Pharma acquires 80% of Tergene Biotech.
• VPRPL-SBEL JV secures ₹269.7 crore contract for railway project.
• AstraZeneca Pharma gets CDSCO approval for Durvalumab distribution.
• NLC India awarded 200 MW wind power project at ₹3.74/kWh.
• Motilal Oswal MF purchased:
  • 3.39 lakh shares of Coforge at ₹7,367.94 each.
  • 4.92 lakh shares of Home First Finance at ₹1,007.25 each.
  • 11.82 lakh shares of KEI Industries at ₹3,105.49 each.

Key Bearish Stocks

• Mankind Pharma: ₹111.68 crore income tax demand.
• Indian Overseas Bank: ₹699.5 crore GST demand.
• Piramal Enterprises: ₹1,502 crore GST demand.
• MSTC: ₹105 crore income tax demand.
• Mastek: SEBI warning for insider trading.
• Medplus Health: Drug license suspension in Telangana.
• Shree Cement: ₹46.5 lakh GST demand.
• One 97 Communications (Paytm): FEMA violation notice for ₹611.17 crore.

4. Sector-Wise Performance (Last Week)

• Top 5 Sector Indices (Positive Performance)

  • NIFTY FIN SER
  • NIFTY PRIVATE BANK
  • NIFTY FIN SER 25/50
  • NIFTY MIDSMALL HEALTH
  • NIFTY FMCG

• Top 5 Volume Shockers (Nifty Next 50)

  • Zomato (+22.90%)
  • Jio Financial
  • Varun Beverages
  • Adani Green Energy
  • Punjab National Bank

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

• IREDA (+100%)
• Patanjali (+100%)
• TATATECH (+100%)
• TITAGARH (+100%)
• MANAPPURAM (+36.10%)

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

• PHOENIXLTD (-1.86%)

6. FII/DII Data

• Foreign Institutional Investors (FIIs): Net sellers of ₹11,639.02 crore on Feb 28, 2025.
• Domestic Institutional Investors (DIIs): Net buyers of ₹12,308.63 crore on Feb 28, 2025.

7. Breakout Pulse Stocks (Nifty 500)

• APTUS: ₹307 (+2.50%)

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.