Share Market Weekly
- Share.Market
- 3 min read
- 28 Feb 2025
28st Feb 2025
| Monday | – 1.06% |
| Tuesday | + 0.03 |
| Thursday | – 0.01% |
| Friday | -1.86% |
What moved the market?
| Nifty IT | -8.81% | Nifty Realty | -5.68% |
| Nifty Media | -7.15% | Nifty Healthcare Index | -5.02 |
| Nifty Auto | -6.01% | Nifty PSU Bank | -5.02% |
Markets this week
| Nifty Midcap 150 | 17,750.55 (- 4.80%) |
| Nifty Smallcap 250 | 13,844.55 (- 5.10%) |
| India VIX | 13.91 (-9.79%) |
Stocks in the Spotlight
Top Gainers
| Name of the company | Movement | Factors | ||||
| Momentum | Value | Quality | Low Vol | Sentiment | ||
| Five-Star Business Finance | 🔼 12.00% | 4/5 | N/A | 5/5 | 5/5 | 2/5 |
| Archean Chemical Industries | 🔼 11.97% | 1/5 | 3/5 | 4/5 | 4/5 | 1/5 |
Top Losers
| Name of the company | Movement | Factors | ||||
| Momentum | Value | Quality | Low Vol | Sentiment | ||
| R R Kabel | 🔻22.59% | 1/5 | 2/5 | 5/5 | 5/5 | 1/A |
| BSE | 🔻22.24% | 5/5 | 1/5 | 5/5 | 2/5 | 5/5 |
Technical Analysis
Nifty 50
Nifty 50 declined 3.52% this week and is currently trading at its last year’s levels. The index maintained its downward trend throughout the week, its next support is around the 21,800 – 22,000 range for now. Additionally, Nifty traded within the range of 22,105 – 22,667 this week.
Nifty Midcap 150
The Nifty Midcap 150 ended the week in the red, slipping 4.8% and shedding 894 points. The index started the week on a flat note but lost 4% by the end, ultimately closing at 17,750 on Friday.
Looking ahead, we see a strong support level in the 16,750 – 17,250 range, which could be tested in the coming sessions.
Nifty Smallcap 250
Nifty Smallcap 250 fell by 5.10% this week shredding 744 points. The index has strong support at 13,300 level.
What made headlines?
India’s Palm Oil Imports Hit 14-Year Low: Causes, Impact, and Opportunities
India, the world’s largest importer of edible oils, has seen a significant decline in palm oil imports. In January 2025, imports fell to around 2,75,000 metric tons, the lowest in nearly 14 years, contributing to a 14.8% drop in total vegetable oil imports, the lowest in 11 months. Palm oil makes up about 60% of India’s vegetable oil imports.
The cost of importing, refining, and processing palm oil is higher than the price refiners can sell the final product for, making it less profitable and prompting a shift to cheaper alternatives like soybean and sunflower oil. Health-conscious consumers also prefer oils like sunflower, soybean, and olive oil due to their higher unsaturated fat content. Policy changes, including potential higher import taxes on vegetable oils, are influencing this trend.
Reducing palm oil imports, mainly from Thailand, Indonesia, and Malaysia, could improve India’s trade balance and boost domestic oilseed cultivation. The most affected sectors would be Edible Oil Producers and Retailers, as palm oil is a key ingredient in many cooking oils, potentially causing price fluctuations and a shift to alternatives. Palm Oil Refiners could see reduced production volumes and profits. Chemical Manufacturing Industries relying on palm oil derivatives for products like soaps, detergents, and biofuels could also face challenges.
While the shift away from palm oil presents market fluctuations and adaptation challenges, it also offers opportunities to strengthen domestic agriculture and increase self-reliance in the edible oil sector.
Buzz
Mutual Fund Factsheet: Key Information it Holds & How to Read It?
Imagine you’re shopping for a new phone. You check its camera, battery life, and features before buying, right? A mutual fund factsheet works the same way! It tells you a fund’s past performance, fees, risks, and where it invests. Reading it carefully helps you pick the right investment confidently!
