Stock Market Today: All You Need To Know Going Into Trade On Feb. 27

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Indian benchmark indices ended Tuesday's session mixed, with the metal sector declining the most, while media emerged as a top sectoral gainer. The NSE Nifty 50 ended 5.80 points, or 0.03% lower at 22,547.55, while the BSE Sensex closed 147.71 points or 0.20% higher at 74,602.12.Foreign portfolio investors continued to stay net sellers of Indian equities for the fifth straight day on Tuesday as they net sold stocks worth approximately Rs 3,529.1 crore.On the other hand, domestic institutional investors remained net buyers for the 15th straight session as they mopped up equities worth Rs 3,030.78 crore, according to provisional data from the National Stock Exchange.The Indian rupee ended sharply lower against the US dollar on Tuesday after recording the worst intraday fall in over three weeks as banks persistently bought the greenback.Trade Setup For Feb. 27: Nifty Eyes Support At 22,500–22,400 Amid VolatilityStocks To WatchDr. Reddy's Laboratories: The United States Food and Drug Administration conducted an inspection at the company's API manufacturing facility in Bollaram, Hyderabad. The drugmaker received the Establishment Inspection Report. The USFDA has classified the inspection as Voluntary Action Indicated and concluded that the inspection is closed. (Note: VAI is the second-best classification that a plant can get from the USFDA).Waaree Energies: The company has received an order for supply of solar modules for 410 MWp from ABREL EPC Ltd., a wholly owned subsidiary of Aditya Birla Renewables Ltd.Railtel Corp Of India: The company, as part of two separate consortiums, has been awarded work orders from South Central Railway. The first order is valued at Rs 111.43 crore, and the second is valued at Rs 56.66 crore.KPI Green Energy: KP Group has inked a pact with Madhya Pradesh government's New and Renewable Energy Department for setting up of various solar, wind, hybrid, BESS, and Biomass based projects aggregating to 1.8 GW of energy in the state of Madhya Pradesh.Adani Green Energy: Adani Saur Urja (LA) Ltd., a wholly-owned subsidiary of the company, has received a letter of award from Uttar Pradesh Power Corp. for the procurement of 1,250 MW energy storage capacity from pumped hydro storage projects. The annual fixed cost payable under the LOA is Rs 76,53,226 per MW per annum excluding taxes for a period of 40 years.Indian Metals & Ferro Alloys: The company has entered into a binding term sheet with Ampin Energy Utility One to supply hybrid renewable power of 40 MW contracted demand, with solar capacity of 58 MW AC and wind capacity of 58 MW.Tata Power: The company signed an MoU with the Assam government for up to 5000 MW of renewable and clean energy.Torrent Power: Torrent Green Energy Pvt., a wholly owned subsidiary of the company, has incorporated Torrent Urja 35 as a wholly owned arm of TGEPL. The new company will deal in hydrogen, its by-products and/or its derivatives.Lemon Tree Hotels: The company announced its latest signing, Lemon Tree Hotel in Shirdi, Maharashtra. The property, to be managed by its subsidiary Carnation Hotels Pvt., is expected to start operations in fiscal 2028.Bharat Electronics: The company is set to declare an interim dividend for fiscal 2025 on March 5.Varun Beverages: The company's planned acquisition of SBC Beverages Ghana Ltd., valued at $15.06 million, has been delayed till March 31, 2025. This delay is due to pending regulatory approvals. The completion of the deal was originally expected by Feb. 28.Avantel: The communications solutions company has received a purchase order worth of Rs 1.64 crore from Larsen & Toubro.Vakrangee: The company announced a corporate agency tie-up with Aditya Birla Health Insurance Co., an arm of Aditya Birla Capital, to offer health insurance solutions.PNGS Gargi Fashion Jewellery: The company opened a new exclusive brand store at the Phoenix Citadel Mall in Indore, Madhya Pradesh.TV Today Network: The broadcasting company is set to enter into a MoU with Creative Channel Advertising and Marketing Pvt. in relation to the proposed sale of the FM radio broadcasting operations of the company for Rs 20 crore. The business comprises three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM.Ultratech Cement: The company is set to extend its presence in the construction value chain. It has approved capital expenditure of Rs 1,800 crore to be spent over the next two years. A demerger is also effective March 1, 2025, with Kesoram Industries equity holders receiving one share for every 52 held, and preference holders receiving new preference shares in the reporting company.Coforge: A meeting of the board of directors is scheduled on March 4 to consider stock split at a face value Rs 10 each.Borosil Renewables: The company completed an investment of Rs 17.82 crore in Clean Max Prithvi Pvt. in two tranches. Borosil Renewables acquired a 49% stake in Clean Max.Hexaware Technologies: In response to reports about a potential SLK Software acquisition, the company clarified that it is always evaluating strategic growth options, and that a formal disclosure will be made if and when necessary, as per regulatory requirements.Blue Star: The company launched a comprehensive range of 150 models of room air conditioners. It plans to fortify its position in the smart Wifi and heavy duty AC segments.Imagicaaworld Entertainment: The amusement park operator acquired 100% equity share capital of Malpani Parks Indore Pvt.Aegis Logistics: The company received a goods and services tax demand worth Rs 61.6 lakh for fiscal 2021.SBI Life Insurance Co: The insurer also received a GST demand worth Rs 58.7 lakh for fiscal 2021.Coforge Board To Consider Stock Split Proposal On March 4Bulk DealsCosmo First: F3 Advisors sold 1.4 lakh shares or 0.53% equity at Rs 674.99 each.Teamlease Services: Goldman Sachs India Equity Portfolio sold 89,314 shares or 0.53% equity at Rs 1,960 per share.Who's Meeting WhomStyrenix Performance Materials: To meet P4 Capital and Burman Capital Management on March 3.Can Fin Homes: To meet Morgan Stanley Research, Prescient Capital and Ambit Capital.Trading TweaksPrice band change to 20% from 5%: Ken Enterprises.Price band change to 10% from 20%: Heads Up Ventures, Hilton Metal Forging and Karnika Industries.Price band change to 2% from 5%: Consolidated Construction Consortium, Delta Autocorp, DJ Mediaprint & Logistics, Indiabulls Enterprises, Semac Consultants and Trust Fintech.Stocks moving into short-term ASM framework: Aion-Tech Solutions, Karnika Industries, Mangalam Global Enterprise and Total Transport Systems.Stocks moving out of ASM framework: Aeroflex Industries, Bulkcorp International, Concord Biotech, Frog Cellsat, Senco Gold, SMVD Poly Pack, Suyog Telematics, and We Win.F&O CuesNifty Feb futures down by 0.21% at a premium of 34.6 points.Nifty Feb futures open interest down by 33.86%.Nifty Options Feb 27 Expiry: Maximum Call open interest at 22,700 and Maximum Put open interest at 22,600.Securities In Ban Period: Manappuram Finance.Your Guide To FII Positions For Feb. 27 TradeCurrency UpdateThe Indian rupee weakened 49 paise to close at 87.20 against the greenback, according to Bloomberg data. It settled at 86.71 a dollar on Monday.Gold Price Rises By Rs 250 To Rs 89,350 Per 10 Gm As Rupee Depreciates. Read more on Markets by NDTV Profit.