The stock market is experiencing a lacklustre day, with the Sensex and Nifty showing minimal movement. Most sectoral indices, except for banking, are witnessing declines. Sectors such as auto, media, energy, oil & gas, capital goods, and realty are down by 1-2%. The BSE Midcap index has decreased by 1%, while the smallcap index has fallen nearly 2%.
Among the most actively traded stocks on the NSE are CreditAccess Grameen, Polycab, KEI Industries, HDFC Bank, and Bajaj Finance. These companies are seeing significant trading activity despite the overall market downturn.
Sectoral Performance and Market Trends
Banking is the only sector that has managed to stay out of the red today. This contrasts with other sectors like auto and media which have seen declines. Energy and oil & gas sectors have also faced downturns alongside capital goods and realty.
The India VIX index has decreased by 2%, indicating a slight reduction in market volatility. This suggests that traders might be expecting less dramatic price swings in the near term.
Midcap and Smallcap Indices
The BSE Midcap index has dropped by 1%, reflecting a broader trend of decline across various sectors. Meanwhile, the smallcap index has experienced a sharper fall of nearly 2%, highlighting increased pressure on smaller companies.
Despite these challenges, some stocks remain highly active in trading. CreditAccess Grameen and Polycab are among those drawing attention from investors today.
Active Stocks Amidst Market Decline
KEI Industries is also seeing notable activity on the NSE. Alongside it, HDFC Bank continues to be a focal point for traders. Bajaj Finance is another key player experiencing high trading volumes despite the overall market slump.
This mixed performance across different sectors and indices reflects ongoing uncertainties in the market.
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Feb 27, 2025, 3:01 pm IST
Market Live Update: Wires & Cables Stocks Nosedive
Amidst the entry of largest cement player Ultratech in the sector, wires and cables stocks nosedived sharply, with some hitting their lower circuits. So far, on February 26, wires and cables stocks together lost about .6 billion valuation on Ultratech's 0 million foray in the sector.
Feb 27, 2025, 1:11 pm IST
Vesuvius India Stock Surges 6% After Revolutionary Stock Split Decision
Today witnessed a notable surge in Vesuvius India's shares, climbing 6% during the intraday trading session on February 27. This upward movement occurred following the company's announcement of its board's approval for a stock split. The division will occur in a 1:10 ratio, effectively converting one share of the company, valued at ₹10, into ten shares, each with a new face value of ₹1. This decision is poised to undergo shareholder scrutiny at the forthcoming Annual General Meeting (AGM), as disclosed in the company's recent exchange filing.
The intended stock split aims to increase the stock's liquidity in the secondary market by dividing the existing shares into more parts. This action reduces the nominal value per share while keeping the overall market capitalization intact. "The board has approved the proposal for the split/sub-division of existing equity shares of the company from 1 (one) equity share with a face value of ₹10 (Rupees Ten) each, fully paid-up, into 10 (ten) equity shares with a face value of ₹1 (Rupee One) each, fully paid-up, subject to shareholder approval at the upcoming Annual General Meeting (AGM)," stated the company in its exchange filing.
Feb 27, 2025, 12:27 pm IST
Sunteck Realty Stock Recovers from 52-Week Low
After a dip to its 52-week low, Sunteck Realty's shares experienced a turnaround on Thursday, following the news that its promoter group had increased their stake in the company. Through purchases in the open market, the promoter group, which includes entities such as Eskay Infrastructure Development Private Limited and SW Capital Private Limited alongside individuals like Kamal Khetan and Manisha Kamal Khetan, have bolstered their ownership. This also encompasses family trusts like Matrabhav Trust, Paripurna Trust, and Astha Trust. The acquisition involved an additional 19,400 equity shares, nudging their shareholding from 63.24% to 63.25%.
Before this boost, the promoter group's stake was recorded at 63.24%, with 9,26,44,971 shares under their belt. The recent purchase of 19,400 shares, which accounts for a 0.01% increase, brings their total holding to 9,26,64,371 shares, or 63.25% of the company. This transaction took place through open market dealings spanning from December 17, 2024, to February 24, 2025, without involving any encumbrances like pledges or liens.
Feb 27, 2025, 11:56 am IST
Gold Price In India Today, 27 Feb
In India, 24 carat gold costs Rs 8,738 per gramme, 22 carat gold costs Rs 8,010 per gramme, and 18 carat gold costs Rs 6,554 per gramme. While 22k of 100 grammes of gold will cost Rs 8,01,000 in India today compared to Rs 8,05,000 yesterday, reflecting a price decline of Rs 4,000, the price of 22k of 10 grammes of gold on Thursday hit Rs 80,100 compared to Rs 80,500 on Wednesday, marking a 400 rupee price drop.
Godrej Properties sells homes worth over INR 1,000 Crores at the launch of its project Godrej Evergreen Square in Pune
Godrej Properties Ltd. (GPL),one of India’s leading real estate developers, today announced that it has sold inventory worth over INR 1,000 Crores in its project, Godrej Evergreen Square, located in Hinjewadi, Pune. Launched in November 2024, within 4 months of acquiring the land, this is GPL’s most successful launch ever in Pune in terms of the value and volume of sales achieved. Godrej Evergreen Square has a developable potential of ~2.41 million square feet with an estimated revenue potential of approximately INR 2045 crore*. This is one of GPL's large residential developments and significantly enhances its presence in the western suburbs of Pune.
Feb 27, 2025, 11:39 am IST
Tata Power Shares Fall 2% After Rs.30,000 Cr Assam Deal; Analysts Recommend ‘BUY'
Tata Power shares are trading in the red zone today at Rs. 346.50 per share, down 1.42% from the previous close of Rs. 351.50. The stock has been underperforming, in line with other Tata Group stocks, such as Tata Motors shares, which continue to hit new lows. Additionally, Tata Elxsi, Tata Consumer, and Tata Investment are also trading in negative territory today.
Jupiter Tatravagonka Railwheel Factory Secures ₹255 Crore Order from Braithwait & Co.
Jupiter Tatravagonka Railwheel Factory Pvt. Ltd, the specialized wheelset manufacturing arm of Jupiter Wagons Limited (JWL), has been awarded a prestigious contract worth ₹255 crore from Braithwait & Co. for the supply of 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications. This order further strengthens Jupiter’s position as a leading domestic manufacturer of highperformance railway wheelsets, contributing to India's growing need for self-reliant and advanced mobility solutions. With this latest win; The Company’s total order book now stands at ₹560 crore, reflecting the company’s growing influence in the railway infrastructure sector.
Feb 27, 2025, 11:18 am IST
Paytm Partners with Perplexity to Bring the Power of AI to India
Paytm (One 97 Communications Limited), India’s leading payments and financial services distribution company and the pioneer of QR codes, Soundbox, and mobile payments, has partnered with Perplexity to bring the power of AI to Crores of Indian consumers. Perplexity is the world’s first answer engine that delivers fast, clear responses with trusted sources in real time. This collaboration marks a major step toward integrating AI-driven intelligence into mobile payments, enabling users to get real-time financial assistance within the Paytm app.
Feb 27, 2025, 10:45 am IST
Philippine Airlines, Inc. Goes Live with Ramco Aviation
Global aviation software provider Ramco Systems announced the successful implementation of its Aviation Software at Philippine Airlines for the domestic PAL Express (PALEx) fleet operations. Ramco’s on-cloud, next-gen platform has optimized and digitized the operations of the PALEx fleet of A321, A320, and Q400. In alignment with the long-term strategy to optimize operational requirements of both Philippine Airlines (PAL) and PALEx, preparations are underway to roll out the solution for the PAL fleet of A350, A330, B777, and A321. With modules for Engineering and CAMO, Supply Chain Management, Maintenance Planning, Quality, Component Maintenance, and Hangar Maintenance bundled with Finance, Ramco Aviation Software has enabled PAL to have a scalable and configurable system for growing its business. The solution is a centralized information hub to manage multiple AOCs (Air Operator Certificates) and AMOs (Approved Maintenance Organizations), obtain complete visibility into materials, resources, and tools, and achieve enhanced traceability of aircraft technical records.
Feb 27, 2025, 9:54 am IST
Nifty Outlook By Anand James, Chief Market Strategist, Geojit Financial Services
Tuesday's bounce back was turned lower from the 22620 vicinity itself, pointing towards the feebleness of the recovery attempt. A parallel consolidation in the last three days does show signs of giving away on the downside. However, RSI having reached 30 just the other day, we are in favour of a better recovery attempt that should try and penetrate the 22620-730 region. But as maintained all this week, we will wait for 22950 to be conquered, as a confirmation of strength. Downside marker for the day may be placed at 22530, with deeper support seen at 22300.
Feb 27, 2025, 9:30 am IST
Opening Bell
Following conflicting global cues, the Indian stock market began Thursday flat. Amidst headwinds from FII selling and Trump tariffs announcement, the Sensex rose over 120 points to hit 74,723 levels, while the Nifty was seen trading 31 points higher at 22,580 levels.
Feb 27, 2025, 9:14 am IST
Market Outlook Today By Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
In FY25, so far, FIIs have sold stocks in the cash market for Rs 3,87,976 crores. Interestingly, the DIIs have more than compensated for this selling through buying for Rs 5,55,519 crores. Despite this, the market has been trending down. It is possible that the activity of HNIs, UHNIs and family offices which are not reflected in the DII data are also impacting the market. This smart investor category might have been on the sell side since they move with the fundamentals, and, fundamentals have been deteriorating with the cyclical slowdown in GDP growth and corporate earnings.
Sharp correction in the broader market has made the valuations in certain segments attractive. Defence stocks, which had run up too much too fast, have corrected sharply making their valuations attractive for long-term investors.
Since a broad rally in the market will need indications of recovery in growth and earnings, investors can focus on micros rather than macros in the near-term. Plenty of stock-specific action ahead, despite headwinds from FII selling and Trump tariffs news.
Feb 27, 2025, 9:13 am IST
Rupee Vs Dollar
Compared to Tuesday's wrap-up of 87.20, the Indian rupee began Thursday almost flat at 87.25 per dollar.
Feb 27, 2025, 8:59 am IST
SBI In Focus Today
State Bank of India (SBI), the largest public sector lender in the nation, has reported that its housing loan portfolio has grown to Rs 8 trillion. By March 2027, SBI stated, it intends to increase its mortgage book to Rs 10 trillion as per Chairman, C S Setty confirmed by Business Standard.
Feb 27, 2025, 8:51 am IST
Nifty Bank Prediction By Om Mehra, Technical Analyst, SAMCO Securities
The index formed a Doji candle for the second consecutive session, reflecting uncertainty and a lack of clear trend. Nifty Bank continues to trade below all key moving averages, indicating persistent weakness. However, it remains near the lower Bollinger Band, suggesting the possibility of a mean reversion towards the middle band, which is positioned around 49,050. Nonetheless, if the critical support level of 48,400 is breached, the index could witness further downside, potentially extending losses towards 48,200.
Feb 27, 2025, 8:48 am IST
Nifty Prediction Today By Om Mehra, Technical Analyst, SAMCO Securities
The broader trend remains bearish, as reflected in the daily and weekly charts. Notably, the Fibonacci retracement of 127.8% supports Nifty's crucial level of 22,500, which has held firm so far. A breakdown below this zone could intensify selling pressure, with the next support levels placed at 22,320 and 22,250. On the upside, resistance stands at 22,800, and a decisive move beyond this level would be crucial to establishing a meaningful pullback.
Feb 27, 2025, 8:18 am IST
Nifty Bank Options Market Insights By Dhupesh Dhameja, Derivatives Analyst, SAMCO Securities
Derivatives data maintains a bearish tilt, with call sellers retaining control over put buyers, reflecting cautious market sentiment. A notable surge in open interest at the 50,000-strike call (27.09 lakh contracts) cements this level as a significant resistance. On the flip side, robust put writing at the 48,500-strike (18.80 lakh contracts) suggests firm support, indicating buyers are defending lower levels. The 49,000–49,500 range continues to witness heightened call writing and sustained selling pressure, while unwinding of puts at lower strikes signals eroding support. The Put-Call Ratio (PCR) edged higher from 0.73 to 0.78, suggesting a slight shift in sentiment, yet overall positioning remains skewed toward bearishness. Despite this, the ‘Max Pain’ level at 49,000 indicates that any sharp declines might find buyers, limiting downside moves unless critical support levels give way, potentially accelerating selling pressure.
Feb 27, 2025, 8:17 am IST
Lack of directional momentum keeps Nifty Bank in range-bound trade - Dhupesh Dhameja, Derivatives Analyst, SAMCO Securities
With no clear directional bias, intraday fluctuations persisted, with initial buying attempts lifting the index before a late-session sell-off erased gains, dragging it below the previous day's high. Despite relentless selling, bears failed to establish a decisive close beneath 48,500, reaffirming its significance as immediate support. The index continues to hover below its short-term moving averages, reinforcing the dominance of sellers at higher levels. Heightened intraday volatility and hesitancy from both bulls and bears kept the index range-bound, eventually closing at 48,608.35, down 0.09% (-43.60 points), highlighting a neutral sentiment.
Throughout the session, the index remained confined within the prior day's trading range, forming an upper wick and a compact body, making the previous high and low pivotal markers for gauging future direction. Sustained selling pressure signals underlying weakness, while repeated failures at resistance levels raise concerns over trend stability. The 48,300 mark now acts as the final stronghold for bulls to stage a mean reversion rebound, whereas the 48,800-49,000 zone, which aligns with last week's low, poses a formidable resistance, bolstered by aggressive call writing. A definitive breakout from the previous trading range will determine the next directional move.
Derivative trends continue to reflect a bearish inclination, with call writers maintaining dominance over put sellers, signalling a defensive stance. A notable open interest buildup at the 22,700-strike call (1.50 crore contracts) cements it as a robust resistance zone, while significant put accumulation at the 22,600 strike (1.11 crore contracts) establishes strong footing at lower levels. The 22,700–23,000 zone remains under heavy call writing pressure, whereas increased put activity at lower strikes indicates an ongoing tug-of-war between bulls and bears, underscoring market fragility. The Put-Call Ratio (PCR) slipped to 0.65 from 0.67, showcasing persistent seller dominance despite sporadic buying attempts. Meanwhile, the ‘Max Pain’ level at 22,700 suggests that while volatility lingers, buyers may attempt to stabilize declines, offering short-term cushioning.
Feb 27, 2025, 8:17 am IST
Nifty Outlook Today By Dhupesh Dhameja, Derivatives Analyst, SAMCO Securities
The index largely oscillated within its prior trading range, forming an upper wick and a narrow-bodied candle, making yesterday’s high and low pivotal for the upcoming trend. The persistent selling pressure underscores underlying frailty, while the inability to sustain gains at resistance levels raises concerns about trend stability. The 22,500 mark stands as the final bastion for bulls to engineer a potential rebound, while the 22,700-level—last week’s low—has transformed into a formidable ceiling, reinforced by aggressive call writing. A conclusive breakout from yesterday’s price range will steer the market’s trajectory in the coming sessions.
Feb 27, 2025, 8:04 am IST
Bears in Control! Nifty50 Faces Key Support at 22,500 – Will It Hold or Break?
“A fierce tug of war has unfolded between the counterparties, yet the bears continue to assert their dominance in the market. The technical structure of the benchmark index remains the same, indicating a sustained bearish sentiment as we look ahead to the near term. This prevailing trend suggests a cautious view for the market participants, with sustained uncertainties in the coming days. From a technical perspective, the support level at 22500-22400 appears to be crucial for the Nifty50 index in the near future and requires careful observation. Its ability to hold may determine whether a rebound is possible or if further declines are imminent. Conversely, a bearish gap at 22670-22720 presents a significant obstacle for the expiry day, which is expected to hinder any potential recovery efforts. With the upcoming monthly expiry, it is likely that volatility will increase. It is important to understand the oversold conditions, as these may significantly influence the setting of an intermediate market tone. At the same time, global developments carry substantial importance in determining market trends, so it is crucial to stay informed about these developments,” said Osho Krishnan, Sr. Analyst, Technical & Derivatives of - Angel One.
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