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Financial & Morning Markets Updates- 27 Feb 25
Indian Stock markets are still caught in Bear Hugs. And we are nearing end of 5th straight month of losses in Nifty and Sensex
427 Stocks out of Nifty 500 are presently trading below 200 day moving avg/DMA. It shows lack of buying interest among investors. And this trend was last seen in Feb/March 2020.
Unless the stock surpasses the 200 DMA with good volumes, corrective phase will continue.
Analysts have reported that out of all stock indexes of India, presently it’s Nifty50 appears more reasonably valued after this 5 months of correction. It’s current PE is below the historical avg. Hence one can expect a huge comeback in this index whenever the recovery in markets are seen . So keep an eye on this through individual stocks of Nifty50 or Nifty50 ETF.
As per Retailers Association of India survey, India’s retail rose in nearly all sectors in Jan. Food& Grocery sales grew by 13%, Restaurants sales grew by 6% etc.
SEBI cheif Madhabi tenure is ending tomorrow. Although she tried to make equity investing safer for investors but few controversies turned out to be temperamental. Will the change bring some change in market temperament???? Let’s wait n see.
Term insurance companies are all set to increase policy prices shortly. Bajaj Allianz has already announced increase in Term insurance policy rates wef 01 March.So those still exploring to BUY term insurance should Finalise fast.
Domestic fare for Delhi is all set to increase as new tariff hike for Rs 370 per passenger will be levied for flights to Delhi airport shortly.
Markets Today
US markets were mixed with Dow Jones down and S&P and Nasdaq up marginally and Asian Markets are trading mixed.
Indian markets are set for mute start once again. It’s likely to start off from where it left in last trading session.
Non clarity in Trump’s tariff policy and it’s implementation is keeping markets across world on edge incl US markets. Hence markets are likely to remain subdued with some small sideways momentum.
Nifty Levels to keep eye on
Bullish above 22630
Bearish below 22500
But remember like earlier also mentioned a crucial support levels lies in between 22500-22400 levels. This levels resistance will dictate the ability of markets to rebound or not. And if it breaks futures decline/fall is imminent to 22200 levels which will be very huge setback as that may push away market recovery to another 1/2 months.
And recovery can only be seen if Nifty breaks 22800 and moves up… Till then sit tight and stay regular with ur SiPs and investment plan.
But the VIX levels are continuously improving amidst this uncertainty and is now at 13.72 levels.
Stock News
Wearable Brand Boat is all set for its new IPO plan for Rs 2000/2500 cr
Indigo leases 3 more Boeing 787 front Norse Atlantic for long haul routes in India.
Jefferies maintained its BUY on Jubilant Foodworks with tgt price of Rs 1000 (CMP is 681)
Bharti Airtel plans to switch it’s 5G services in standalone mode in select cities within next 3 months.
Govt has signed an agreement with Paytm under which company will offer mentorship, infra support, market access and funding opportunity for start ups. Some action for sure in stock momentum today.
Prataap Snacks expands its snack portfolio.
Authum investment acuires 42% stake in Prataap Snacks
Spicejet finally became profitable in Q3 earnings and has reported a profit of 26 cr compared to loss of 300 cr last year.
SBI life hit with 40 cr GST liability over SEZ, input violations.
HDFC loge hit with 2400 cr tax demand in GST ruling.
Alivus Life faces 15 cr GST Tax order
Tata Power signs MoU yo develop 5000MW renewable projects in Assam
Mastek secures multiple contracts worth $85 mn from UK public service dept.
Zydus life becomes India’s first to launch q Quadrivalent Vaccine for 2025 Southern Hemisphere Influence strain.
Attractive Stocks
ET has released some good NSE 500 stocks whose valuation are cheaper than pre covid times. Investors can look into these stocks..
HDFC Bank
Bharti Airtel
ICICI Bank
SBI
HUL
Bajaj Fin
Kotak Bank
Maruti
Axis Bank
Bajaj Finserv
DMart
Coal India
Interglobe
BPCL
Gold/ Silver
Gold increased marginally from its yesterdays price to 89100 levels. And silver is trading flat at 100100 levels.
Happy Investing!!
Note: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
