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The Nifty Bank index had managed to defend levels of 60,800 on the downside for the entire week.

However, the index has now broken below those levels, making an intraday low of 60,633.

The index is looking to recover from those levels, rebounding around 80 points.

Dharmesh Shah, Assistant VP, ICICI Securities

Power Grid shares have risen over 19% in February, making it the best stock on Nifty 50 this month, recording its best month since May 2009.

Returns This Month: Zero

Jan 30 Close            High         Current Level

25,320                 26,341            25,300

The shares of IDBI Bank are in focus. Earlier, it was reported that Fairfax is looking to buy stakes in the lender.

In response to growing political and energy concerns, President Trump obtained a commitment from Amazon.com, Google, Meta Platforms, Microsoft, xAI, Oracle, and OpenAI to provide electricity for data centers. Examine the stocks that could profit from this.

Due to FII outflows and a decline in the local equities markets during the morning session, the rupee dropped 4 paise to 90.95 against the US dollar in early trading on Friday, February 27.

On Friday, February 27, shares of Women Health and Gaudium IVF, two providers of fertility services, made a modest market debut. Both the NSE and BSE saw the stock start at ₹83, which was 5.06% more than its issue price of ₹79.

According to IIFL, Bihar has proposed a bill to regulate MFIs and small lenders that is on par with or more stringent than Karnataka’s 2025 legislation. The rules pertaining to recovery practices and borrower safety even apply to organisations that are regulated by the RBI. Bihar accounts for roughly 17% of L&T Finance’s microfinance portfolio, according to CEO Sudipta Roy, but risk concerns are mitigated by effective collection.

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Company Arm Bajaj Mobility AG Gets Refinancing Loan For KTM AG To Strengthen Financial Foundation

The shares of Afcons Infra fell further, stumbling to a 52-week record low.

Over the last month, shares of MTAR Technologies Ltd., a maker of nuclear and space equipment, have increased by more than 45%. However, Motilal Oswal, a broking firm that covers the stock, is still optimistic about its future.

Even though DEE Development Engineers Ltd. secured another contract worth ₹58 crore from a local organisation for the production of alloy steel seamless pipes, the company’s shares ended a five-day surge on Friday, February 27.

As the Nifty index falls over 200 points, these are the biggest contributors

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The shares of Dee Development surges

Rakshat Kapoor, Head & CIO – Private Credit, Motilal Oswal Alternates On CNBC-TV18

The shares of MTAR tech are trading higher, and have increased in value by 50%.

The Nifty FMCG index is under pressure and is down over 700 points.

Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd

Tech stocks

Market at day’s low, Nifty below 25,350 & below 200-DMA with Shriram Finance,  Ultratech Cement,  Nestle India,  HUL,  SBI Life as top losers

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