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Largecap IT stocks like Infosys and TCS experienced significant sell-offs in February, driven by perceptions of a US economic slowdown. Meanwhile, HDFC Bank remains unaffected by FII selling due to expectations of earnings recovery. The pharma sector is resilient despite tariff concerns, and NBFCs may benefit from monetary easing.

Despite the recent rally, Bitcoin dropped by over 17% in February, marking its biggest monthly decline since June 2022. The cryptocurrency has lost more than a third of its value since reaching a peak of $105,000 in early January.

ICICI Securities maintains an add rating on Akzo Nobel India with a target price of Rs 4100, citing revenue and PAT CAGRs of 6.8% and 4.3%, respectively, for FY24-27E. The company reported a total income of Rs 1056.50 crore and a net profit of Rs 108.60 crore for the quarter ended 31-12-2024.

Brokerage firms have issued strong buy recommendations on stocks such as Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation, predicting significant upside returns within the next year. Also highlighted are Crompton Greaves Consumer Electricals and Apollo Hospitals, both expected to see considerable gains based on targeted price estimates.

ACME Solar share price: ACME Solar Holdings plans to invest Rs 17,000 crore to increase its renewable energy capacity to 5 gigawatts by 2027. As part of a broader strategy, the company aims to triple its current renewable capacity to 7 GW by 2028, according to the statement.

Technical analysts suggest investing in Coal India and HDFC Bank for potential gains up to 13% and 8%, respectively, based on current technical indicators. At the same time, investors are advised to sell Dabur and Infosys futures due to bearish trends and strong selling pressure.

Glenmark share price: The recall affects around 14.76 lakh bottles of Atomoxetine Capsules in various strengths, produced by Glenmark Pharmaceuticals Inc., USA, a subsidiary of the Mumbai-based pharmaceutical company.

Indian benchmark indices Sensex and Nifty opened higher on Monday, mainly driven by gains in IT and auto stocks. The positive opening followed data showing India s economy expanded by 6.2% in the October-December quarter. Paytm shares fell over 4% after facing a show cause notice from the Enforcement Directorate.

This can indicate potential upward movement and may be used by traders to identify buying opportunities.