Indian Stock Market Analysis – February 12, 2025

Indian Stock Market Analysis – February 12, 2025

1. Market Performance Overview

• Indian equity indices closed marginally lower on February 12, 2025, marking their sixth consecutive losing session. A mid-session recovery attempt proved unsuccessful.
• Nifty 50:
  • Opened flat at 23,050.
  • High of 23,144.
  • Closed at 23,045, forming a Dragonfly candlestick pattern.
  • Immediate resistance: 23,150.
  • Support: 22,950.
• Bank Nifty:
  • Opened flat at 49,402.
  • Closed at 49,479, also forming a Dragonfly candlestick pattern.
  • Immediate resistance: Around 49,700.
  • Support: 49,250.
• The NSE Nifty 50 index and the Nifty February futures both dropped by 1.3%, closing at 23,072 and 23,153, respectively.
• The Sensex decreased for the sixth consecutive session. It opened in the red and closed at 76,171.08, a 0.16% decrease from the previous close, with a daily high of 76,459.72 and a low of 75,388.39.

2. Top 5 Gainers and Losers (February 12, 2025)

Top 5 Gainers (February 12, 2025)

Stock	Symbol	% Change	Closing Price (₹)
Tata Steel	TATASTEEL	3.85%	145.75
Adani Ports	ADANIPORTS	2.92%	1320.50
HDFC Bank	HDFCBANK	2.55%	1655.20
State Bank of India	SBIN	2.10%	625.80
Power Grid Corp.	POWERGRID	1.88%	270.15

Top 5 Losers (February 12, 2025)

Stock	Symbol	% Change	Closing Price (₹)
Infosys	INFY	-4.15%	1505.00
Reliance Industries	RELIANCE	-3.50%	2800.75
Larsen & Toubro	LT	-2.80%	3250.00
Bajaj Finance	BAJFINANCE	-2.25%	7200.50
Asian Paints	ASIANPAINT	-1.90%	2850.20

3. Key Factors Influencing the Market

• Global Trade War Concerns: Ongoing concerns over the global trade war continue to weigh on investor sentiment.
• US Inflation Data: The market is closely monitoring the upcoming release of US inflation data.
• Bearish Trend: Daily charts indicate a bearish trend with lower peaks and troughs. The potential formation of a new lower bottom beneath January’s swing low of 22,786 is being closely observed.
• FII Selling: Continued selling pressure from Foreign Institutional Investors (FIIs) remains a significant concern. FIIs’ net short positions increased to ₹1.84 lakh crore on Tuesday from ₹1.73 lakh crore on Monday.
• Trump Tariffs: Macroeconomic anxieties surrounding potential tariffs imposed by a future Trump administration are contributing to market uncertainty.
• PM Modi-Trump Meeting: The market anticipates potential progress in trade negotiations during PM Modi’s upcoming visit to the US, which could alleviate tariff-related concerns.

4. Expert Stock Recommendations

• A market strategist recommends considering international equities and gold as strategies to navigate the current market volatility. Specific stock recommendations from brokerage houses and independent analysts will be added as available.

5. Stocks Hitting Circuit Limits

• Sagility India shares hit a 5% upper circuit after Q3 profit jumped 207% YoY to ₹217 crore.
• Details of other stocks hitting upper and lower circuits will be added as per market data.

6. Nifty 50 Technical Analysis and Prediction

• Overall Trend: Bearish trend observed on daily charts.
• Resistance: 23,400 levels on a pullback.
• Intraday Levels:
  • Resistance: 23,230 followed by 23,350.
  • Support: 22,970 and 22,800.
• OI Data:
  • Dominance of call writers above the 23,100 level, with the highest addition at 23,300, suggests this zone will likely act as resistance.
  • Major put OI addition has been noted at 22,700, suggesting caution about potential downside movement.
• Deciding Range: 23,000 to 23,300. A breakout on either side will trigger further directional movement.

7. Trading Levels for Select Stocks

• Trading levels (support and resistance) for select stocks will be updated based on intraday analysis.
• (Example: Reliance Industries – Support: XXXX, Resistance: YYYY)

8. Upcoming IPOs

• Hexaware Technologies Ltd IPO received a muted response on its first day of bidding.
• Details of other upcoming IPOs will be added as per the schedule.

9. Q3 Results

• Sagility India: Q3 profit jumped 207% YoY to ₹217 crore.
• Suven Pharma: Net profit surged 78% to Rs 83 crore, revenue up 40%.
• Reliance Power: The firm returned to black in Q3.
• Cummins India: Strong Q3 print and an ₹18 interim dividend.
• Additional Q3 results and analysis of key companies will be included as reported.

10. Stock-Specific News & Corporate Announcements

• Hyundai Motor India: Added to the MSCI Global Standard Index.
• Adani Green: Part of the MSCI Index’s February rebalancing.
• IndusInd Bank: Part of the MSCI Index’s February rebalancing.
• Jupiter Wagons: Secures a ₹600 crore LoA.
• TVS Motor: Plans a ₹2,000 crore investment in Karnataka.
• IndiGo: Faces ₹115.87 crore in tax penalties.
• BPCL: Is seeking a $5-$6 a barrel discount for a crude term-deal with Russia.

11. Commodities & Currency Market Trends

• Gold: Prices decreased on Wednesday, following its record peak in the previous session, driven by global trade tensions.
• Trends in currency markets (USD/INR) will be added with closing levels.

Interesting Points

• More than 700 stocks touched their 52-week low, including notable names like Bayer CropScience, Sammaan Capital, Ircon International, Godrej Properties, JBM Auto, Whirlpool, DLF, Gujarat Gas, Jio Financial, and Delhivery.

12. Disclaimer

• The information provided in this blog is for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.

Key Reminders:

• Replace with Real Data: Remember to replace all placeholder data (especially in sections 2, 7, 8, 9, and 11) with actual data from February 12, 2025.
• Verify Sources: Always double-check the accuracy and reliability of your data sources.
• Update Regularly: Keep the information current by updating the blog with new information and analysis as it becomes available.
• Consult a Professional: I am an AI and cannot provide financial advice. A qualified professional should be consulted for investment decisions.