Global Market Futures (as of 06:50 AM IST)
US Market (Futures)
-
Nasdaq: -0.51%
-
Dow Jones: -0.77%
-
S&P 500: -0.56%
European (Futures)
-
Ftse 100: -0.75%
-
Cac 40: -1.03%
-
Dax : -1.34%
Asian (Live Markets)
-
NIKKEI 225: -0.85%
-
ASX 200: -0.62%
Gift Nifty: 25216.50.00 (-0.63%)
FII and DII Trading Activity February 27, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹7,536.36 crores
DIIs: Net Buy of ₹12,292.81 crores
Commodity Market Updates:
International commodity markets are showing broad strength across key sectors. Gold is trading around 5,346.55, up nearly 1.9%, while XAU/USD sits near 5,335.55, gaining about 1.1%. Silver has climbed to roughly 94.52, up 1.3%, whereas Copper is slightly lower at about 6.05, down 0.1%, suggesting mixed industrial demand. Energy commodities are the standout performers: Crude Oil WTI is near 70.71, up over 5.5%, and Brent Oil is around 77.12, up about 6.4%, reflecting strong bullish sentiment. Natural Gas is trading near 2.90, up around 1.4%. Overall, markets are buoyed by strong gains in energy and precious metals prices amid varied industrial metal performance.
Monthly Business Updates
Maruti Suzuki India
Maruti Suzuki reported 7.3% YoY growth in total sales to 2.14 lakh units in February. Domestic sales remained flat, while exports surged 56.5%. Production rose sharply by 19.3%, reflecting strong international demand and improved operational momentum.
Hyundai Motor India
Hyundai recorded its highest-ever February sales, rising 12.6% YoY to 66,134 units. Domestic sales grew 9.8%, while exports jumped 24.8%, highlighting steady demand in India and robust traction across global markets.
Hero MotoCorp
Hero MotoCorp posted a sharp 43.8% YoY rise in total sales to 5.58 lakh units. Domestic sales surged 44.7%, while exports increased 34%, driven by strong two-wheeler demand and improved market recovery.
Eicher Motors – Royal Enfield
Royal Enfield sales grew 11% YoY to 1,00,905 units. Models up to 350cc rose 16%, while higher-capacity bikes declined 14%, reflecting stronger demand in the mid-segment portfolio.
Eicher Motors – VECV
VE Commercial Vehicles reported 23.4% YoY growth in February sales to 9,986 units, supported by improved demand in the commercial vehicle segment and steady recovery in infrastructure-linked transportation activity.
Tata Motors – Commercial Vehicles
Tata Motors’ CV sales rose 32% YoY to 42,940 units. Domestic sales grew 32.8%, while exports increased 17.9%, indicating strong revival in commercial vehicle demand and logistics activity.
Tata Motors – Passenger Vehicles
Passenger vehicle sales surged 35% YoY to 63,331 units. Domestic sales rose 34%, exports jumped 167%, and EV sales grew 57%, highlighting strong product demand and accelerating electric vehicle adoption.
Mahindra & Mahindra (Auto)
M&M reported 18% YoY growth in total sales to 97,177 units. Domestic passenger vehicle sales increased 19%, while exports rose 11%, supported by strong SUV demand and consistent domestic performance.
M&M Tractor
Tractor sales jumped 34% YoY to 34,133 units. Domestic sales grew 35%, and exports rose 20%, reflecting healthy rural demand and favorable agricultural conditions driving mechanization growth.
SML Mahindra
SML Mahindra posted 17% YoY growth in total sales to 1,503 units. Passenger vehicle sales rose 24%, while cargo vehicle sales increased 4%, indicating steady performance in the commercial transport segment.
TVS Motor Company
TVS Motor recorded 31% YoY growth to 5.29 lakh units. Two-wheeler sales rose 30%, EV sales surged 60%, and three-wheelers jumped 77%. International business hit a record high, up 27%.
Escorts Kubota
Escorts Kubota’s tractor sales increased 20.4% YoY to 10,339 units. Domestic sales rose 22.1%, while exports dipped 1.3%, supported by resilient rural demand despite softer overseas performance.
VST Tillers Tractors
VST Tillers reported 36% YoY growth in power tiller and tractor sales to 4,435 units. Power tillers rose 34.2%, while tractor sales surged 53.2%, reflecting strong farm equipment demand.
Bharat Coking Coal
Raw coal production remained largely flat at 3.50 MT. Coking coal output declined 1.6%, while non-coking coal rose 30%. However, overall offtake dropped sharply by 28.7%, indicating softer dispatch volumes.
Key Corporate Updates:
Positive:
-
Tata Motors (Passenger Vehicles): February 2026 total sales stood at 63,331 units, reflecting steady demand in the passenger vehicle segment.
-
Adani Enterprises Ltd: Through Adani Airport Services Ltd (ADSTL), executed an agreement on March 1 with Punj Lloyd Aviation to acquire a 14.2% stake in Air Works, strengthening its aviation services and MRO ecosystem presence.
-
Cipla: Strengthened U.S. portfolio with immediate launch of generic Saxenda (Liraglutide Injection) for weight management therapy, expanding presence in the obesity treatment segment.
-
IRB InvIT Fund: Tribunal granted extension of concession period aggregating across projects and allowed Kaithal Tollway’s monetary claims of ₹3.75 billion; arbitral award received against NHAI, improving cash flow visibility.
-
Quality Power Electrical Equipments Ltd: Received multiple orders aggregating approximately ₹340 million, enhancing order book strength.
-
GAIL (India) Ltd: Approved investment of ₹17.36 billion for setting up a 178.2 MW greenfield wind power project in Maharashtra, advancing renewable energy transition strategy.
-
Brigade Enterprises Ltd: Launched ‘Brigade Stellaris’ residential project in Chennai with estimated Gross Development Value (GDV) of approximately ₹17 billion, expanding South India portfolio.
-
Bharat Electronics Ltd (BEL): Declared dividend of ₹1.95 per share, signaling strong cash generation and shareholder return commitment.
-
Canara Bank: Issued Basel III-compliant Tier II Bonds (Series I) amounting to ₹50 billion, strengthening capital adequacy.
-
SpiceJet Ltd: Expressed confidence in receiving a potential refund of ₹4.49 billion following legal proceedings; clarified Supreme Court order has no impact on day-to-day operations and assured compliance with court directions.
-
Kross Ltd: Invested ₹250 million for setting up axle beam extrusion plant and commissioned the technology, enhancing manufacturing capability.
-
Eleganz Interiors Ltd: Secured contract worth ₹1.22 billion, boosting revenue visibility.
-
Oriental Rail Infrastructure Ltd: Received order worth ₹17.3 million from Integral Coach Factory (ICF).
-
Vision Infra Equipment Solutions Ltd: Secured work order worth ₹18.8 million, strengthening project pipeline.
-
GMM Pfaudler Ltd: Sold Hyderabad property for ₹589.3 million as part of asset monetization strategy.
-
NCC Ltd: Court granted interim suspension of NHAI’s debarment order, providing temporary regulatory relief.
-
Abbott India: Entered partnership with Novo Nordisk India to launch Extensior, expanding pharmaceutical product portfolio.
-
Alka India Ltd: Acquired 100% stakes in multiple food and nutrifood companies including Satyarath Foods, Phycijs Nutrifoods, Philmont Nutrifoods, Grefos International, Kostub Foods, Neurich Nutrifoods and Mementos Foods to expand product portfolio.
Negative:
-
IndiGo: Extended temporary suspension of select international flights using Middle East airspace until March 2, 2026 due to airspace restrictions.
-
Fino Payments Bank: MD & CEO Rishi Gupta arrested; investigation relates to business partners (not tax compliance); bank stated no operational or financial impact and appointed CFO Ketan Merchant as Head of Organization.
-
GK Energy Ltd: Tax department initiated search proceedings; company stated proceedings ongoing and extending full cooperation.
-
NTPC Ltd: Received total tax demand of ₹199.7 million.
-
Mahindra & Mahindra Financial Services: RBI imposed monetary penalty of ₹1.2 million for regulatory non-compliance.
-
KRBL Ltd: Arbitral tribunal delivered award in favor of Reliable Trading Company; KRBL ordered to pay SAR 31 million and USD 2.2 million.
-
Heranba Industries Ltd: Insolvency petition filed in NCLT by Haresh Petrochem against unit; claim amount ₹17 million.
-
Niva Bupa Health Insurance: IRDAI conducted an inspection in February and issued a show cause notice; the company clarified no impact on financial or operational activities.
Neutral / Others
-
Punjab National Bank: One-year MCLR remains unchanged at 8.75%.
-
PB Fintech Ltd: Incorporated Paisa Financial Services to undertake collection business activities.
-
Tata Steel Ltd: Completed sale of ferro alloy plant at Jajpur to IME-A Ltd for ₹6.1 billion as part of portfolio rationalization.
-
Mangal Credit & Fincorp Ltd: To consider fund raising via issuance of non-convertible debentures (NCDs).
-
Motisons Jewellers Ltd: To consider fund raising up to ₹3.50 billion.
-
Saboo Sodium Chloro Ltd: To consider fund raising through rights issue.
-
Rajnandini Metal Ltd: Ashok Kalra appointed Chairman & Managing Director; Anjay Choudhary resigned.
-
Bodhtree Consulting Ltd: Appointed Sreenivasa Rao Ravinuthala as Chairman.
-
Lupin Ltd: Visufarma B.V. transaction anticipated to complete in April 2026.
Non-Corporate, Unlisted & Foreign / Macro
1) UpGrad: Acquired Internshala in a stock-swap transaction; deal value undisclosed.
2) Air India: Cancelled additional flights to London, Birmingham, Amsterdam, Zurich, Milan, Vienna, Copenhagen, Frankfurt on March 1; cited close monitoring and assessment of Middle East situation necessitating further curtailment of scheduled operations.
3) India Aviation Ministry: 410 domestic carrier flights cancelled on February 28; 444 cancellations expected on March 1; airports placed on operational alert amid airspace restrictions over Iran and parts of Middle East.
4) India GST Collections: Government collected ₹1.61 trillion in Goods and Services Tax (GST) in February, up 7.9% YoY, indicating sustained consumption momentum and stable revenue generation.
5) India Macro – GDP & Sector Growth: December quarter GDP growth reported at 7.8%; manufacturing sector grew 11.5% YoY and farm sector grew 2.4% YoY; FY2025/26 GDP forecast revised to 7.6% YoY under new series (vs 7.4% old series), reinforcing economic resilience.
6) India Fiscal Metrics: April–January net tax receipts stood at ₹20.94 trillion; fiscal deficit at ₹9.81 trillion, aligning with FY2025/26 targets.
7) RBI Liquidity Operations: RBI purchased ₹28.15 billion worth of bonds under Open Market Operations (OMO) as of Feb 18.
8) Indian Banking System Data: Bank deposits rose 11.2% YoY and loans grew 13.6% YoY in the fortnight ended Feb 15.
9) Money Supply: M3 growth stood at 10.9% YoY as of Feb 15.
India Bond Market: 10-year benchmark government bond yield ended 3 bps lower at 6.6601%.
10) India Government Borrowing: To auction ₹340 billion T-bills on March 4, including ₹140 billion (91-day), ₹120 billion (182-day), and ₹80 billion (364-day).
11) SEBI (India Markets Regulator): Revised norms for appointment of independent third-party reviewer/certifier for green debt securities.
12) India-EU FTA (Draft Text): Agreed to promote paperless trade, legally recognize electronic contracts, signatures and authentication; align food and plant safety rules with WTO norms; ensure non-discriminatory customs appeal procedures; boost customs cooperation; exchange annual import data post-ratification; bar new import-export curbs beyond WTO rules; scrap consular requirements; recognize privacy as fundamental right while retaining authority over data protection and cross-border transfer rules; EU to mobilize finance and investment to support India’s emissions reduction goals.
13) India Chief Economic Adviser Commentary: Economy projected to comfortably cross $4 trillion in FY2026/27; projected growth revised to 7–7.4% under new series; investment growth strengthening while consumption remains resilient; economic performance remains resilient amid global uncertainties.
14) ISO (Sugar Outlook): Trimmed global sugar surplus forecast for 2025/26 to 1.22 million metric tons from 1.63 million tons.
15) Russia Oil Exports: Likely to cut oil exports from western ports to approximately 1.8 million barrels per day in March versus February levels.
16) Axia Energia (Brazil): Expects investment of R$12–14 billion across 2026–27 to expand energy capacity.
17) Turkey Diplomatic Update: Turkey calling on Pakistan and Afghanistan to return to negotiation table.
18) RBI Update: Federal government had no outstanding loans with RBI as of February 20.
Bulk Deals:
Vishal Mega Mart
Promoter Samayat Services LLP sold 65.25 crore shares in Vishal Mega Mart at around Rs 117 per share, raising over Rs 7,635 crore and reducing its stake to 54.09 percent as of December 2025. HDFC Mutual Fund and Singapore-based sovereign entities collectively acquired significant stakes at the same price.
Gaudium IVF and Women Health
GDN Investments and Param Capital acquired a combined 45 lakh shares in Gaudium IVF for nearly Rs 38 crore. Meanwhile, Minerva Emerging Opportunities Fund and Neomile India Opportunity Fund trimmed holdings worth about Rs 21.7 crore ahead of listing, reducing their previously held minority stakes.
IRCTC, Jubilant FoodWorks
BNP Paribas Financial Markets purchased 0.59 percent stake in IRCTC for Rs 269.74 crore and 0.75 percent stake in Jubilant FoodWorks for Rs 257.2 crore. The transactions involved nearly 97 lakh shares across both companies, reflecting strategic investments in tourism and food services sectors.
IPO Listings
Mainboard Listing
Clean Max Enviro Energy Solutions, Shree Ram Twistex
SME Listing
Kiaasa Retail, Accord Transformer & Switchgear,Mobilise App Labs
On-going IPO:
Last Date 02-Mar
Striders Impex Ltd (NSE SME)
Last Date 04-Mar
IIFL Finance Ltd (Debt)
Acetech E-Commerce Ltd
Upcoming IPO:
(04-Mar to 06-Mar)
Sedemac Mechatronics Ltd
Securities Trading Ex-Right Issue on March 2, 2026
HealthCare Global Enterprises Ltd,
Securities Trading Ex-Split on March 2, 2026
Varvee Global Ltd (From Rs.10 to Rs.5)
Securities Trading Ex-Income Distribution on March 2, 2026
Altius Telecom Infrastructure Ltd (InvIT)
Securities Under F&O Ban on March 2, 2026
SAMMAANCAP
Sources: WOWNEWS24X7, Moneycontrol, Investing.com
