Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Market participants linked the buying interest in Redington stock today to Apple’s teaser posted earlier this week, which has fuelled speculation around multiple product launches over the coming days. Redington is a key distributor of Apple products such as iPhones, iPads and MacBooks.
Catch Nandita Khemka in conversation with Anand K Rathi, Co-Founder, MIRA Money and Jay Thakkar, Head Derivatives and Quant Research, ICICI Securities
Prabhudas Lilladher recommended accumulate rating on Elgi Equipments with a target price of Rs 603 in its research report dated February 27, 2026.
Prabhudas Lilladher recommended accumulate rating on Kansai Nerolac Paints with a target price of Rs 248 in its research report dated February 26, 2026.
Veteran investor Ramesh Damani said sectors such as defence, metals, mining and pharmaceuticals may present opportunities even as global markets remain focused on AI-led themes.
Angel One, BSE, other capital market shares declined as brokers and exchanges derive a sizeable portion of their revenues from trade execution.
ICICI Direct is bullish on Suzlon Energy recommended buy rating on the stock with a target price of Rs 65 in its research report dated February 27, 2026.
Motilal Oswal is bullish on UltraTech Cement recommended buy rating on the stock with a target price of Rs 15,000 in its research report dated February 26, 2026.
Motilal Oswal is bullish on MTAR Technologies recommended buy rating on the stock with a target price of Rs 4810 in its research report dated February 26, 2026.
Geojit Financial Services is bullish on Godrej Properties has recommended buy rating on the stock with a target price of Rs 2096 in its research report dated February 26, 2026.
Over the medium-term horizon, the company is targeting an ambitious order book milestone of Rs 1 lakh crore
Seasonal tailwinds, improved mix, and expanding international presence to drive growth and margins
Nifty May Snap 2-Day Gains As Wall Street Slips Again Amid AI-Led Weakness | Opening Bell Live
Asian currencies were trading mostly lower in early trade on Friday with Taiwan Dollar leading the losers followed by South Korean Won, Philippines Peso, Singapore Dollar, Malaysian Ringgit.
Nifty Midcap and smallcap indices down 1% each. Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals. Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
The market is likely to consolidate further, with the previous day's low acting as support. Below are some short-term trading ideas to consider.
Stocks to Watch, 27 Feb: Stocks like Vishal Mega Mart, Gujarat Mineral Development Corporation, Netweb Technologies, MSTC, Engineers India, Onesource Specialty Pharma, Greaves Cotton, Hindalco Industries, and Indian Railway Finance Corporation will be in focus on February 27.
Perhaps, Home First Finance Company India shares may be reacted to the big stake sale by promoters, falling 5.67 percent to Rs 1,177 amid high volumes after gap-down opening, while Zelio E Mobility was locked in 10 percent upper circuit at Rs 307.7, closing above the previous February swing high.
After a gap-up start, the market traded in a narrow range through the day, with the Nifty slipping to an intraday low of 25,400 amid intermittent selling pressure
Indian equity markets turned volatile with the Sensex tumbling over 400 points from the day’s high and the Nifty slipping nearly 100 points. Broader markets remained mixed as smallcaps saw selling pressure. While Realty and FMCG stocks stayed under stress, the Nifty Pharma index extended gains for the fifth straight session. IT stocks also attracted buying interest for the second consecutive day. Catch Lovisha Darad in conversation with market expert Anshul Saigal and Nilesh Jain, Head VP – Derivative and Technical Research at Centrum Broking Ltd, for detailed market insights and strategy.
Emkay Global Financial is bullish on Waaree Energies has recommended buy rating on the stock with a target price of Rs 4260 in its research report dated February 26, 2026.
Listed fintech and payments-linked stocks traded with a mild negative bias after the report that Apple is in talks with banks and card networks to launch Apple Pay in India around mid-2026.
Angle One dropped 90%, reflecting the adjustment after the company’s 1:10 stock split.
Motilal Oswal is bullish on CreditAccess Grameen recommended buy rating on the stock with a target price of Rs 1600 in its research report dated February 25, 2026.