*Daily Market Update- 25 Feb 2025* *Global Markets* Stocks in the Asia Pacific region continued to decline on Tuesday, following US President Donald Trump's move to curb Chinese investments in technology, energy and other sectors. In addition, the fall in US stocks further hurt the market sentiments. South Korea's Kospi fell 0.27%, or 7.05 points to 2,638.25, while Australia's S&P ASX 200 was down 0.82% at 8,239.80 as of 7:27 a.m. Japanese markets opened lower after a holiday on Monday. Future contracts in China hinted at a negative start, while those in Hong Kong were also poised to a 2% drop. Meanwhile, the euro was little changed, while Canada's dollar and Mexico's peso fell, as US President Donald Trump said he expects the tariffs to take effect as planned next month. The US dollar remained flat, while the stocks got hammered on Monday. The S&P 500 fell 0.5%, while the Nasdaq 100 slipped over 1%. The Dow Jones Industrial Average rose by 0.08% on Monday. Ahead of Nvidia Corp.'s results, the chipmaker lost 3.1% on Monday. Indian benchmark indices declined for the fifth consecutive session on Monday, closing at their lowest levels since June 2024, as losses in information technology and metal stocks weighed on the market. The NSE Nifty 50 ended 242 points, or 1.06%, lower at 22,553.3, while the BSE Sensex declined 856.65 points, or 1.14%, to 74,454.41. Intraday, Nifty dropped as much as 1.22% to 22,518, and Sensex fell 1.23% to 74,907. The benchmarks are set to post their longest losing streak since November 1996. *Indian ADR Check*                                                                   ICICI Bank                   +0.25% HDFC Bank                 +0.30% Infosys                         +0.19% Wipro                           -2.01% Dr Reddy’s Lab           +1.05% *Stocks To Watch* *ONGC:* To invest Rs 1,200 crore in subsidiary ONGC Green via rights issue subscription. *NTPC, NTPC Green Energy:* Sign MoUs with Madhya Pradesh government at Global Investors Summit; set to invest over Rs 2 lakh crore in the state. *Nibe:* Maharashtra Industrial Development Corp. hands over 81,809.75 square metres of land to the company. *Firstsource Solutions:* FSL announces UnBPOTM, shifting away from traditional outsourcing to tech-driven solutions for business outcomes. *Torrent Power:* Subsidiary Torrent Green Energy incorporates Torrent Urja 32 as a wholly owned subsidiary. *Cosmo First:* Subsidiary Cosmo Specialty Chemicals launches Oil and Grease Resistant barrier coatings. *Electronics Mart India:* Starts commercial operations of a new multi-brand store under ‘Bajaj Electronics’ in Andhra Pradesh. *Sharda Motor Industries:* Transfers leasehold rights over Haridwar land and building for Rs 23 crore. *Jubilant Pharmova:* Targets doubling revenue by 2030 with a 25% Ebitda margin; aims to become a net debt-free company. *Biocon:* Subsidiary Biocon Biologics launches Yesintek, a biosimilar to Stelara, in the US for multiple conditions. *Nazara Technologies:* Acquires a 38.57% stake in Funky Monkeys for Rs 28.7 crore, making it a subsidiary with a 60% holding. *MPS:* Board to meet on Feb. 28 to consider fundraising through equity or other instruments. *Welspun Specialty Solutions:* Revises record date for Rs 349.86 crore rights issue to March 1. *EFC (I):* Incorporates wholly owned subsidiary EFC Estate 710 Alpha for commercial real estate and IT park projects. *Shree Cement:* Receives Rs 23.55 crore GST demand, along with Rs 15.19 crore in interest and Rs 2.36 crore in penalties. *Bulk Deals* Alkem Laboratories: Samprada and Nanhamati Singh Family Trust sold 6.41 lakh shares (0.53%) at Rs 4,680 apiece, SBI Mutual Fund bought 6.41 lakh shares (0.53%) at Rs 4,680 apiece. Bliss GVS Pharma: Promoter Mr. Narsimha Shibroor Kamath bought 23,000 shares; Promoter Mr. Narsimha Shibroor Kamath bought 77000 shares. Ultramarine & Pigments: Promoter Narayan S sold 20,795 shares, Promoter Deepa Ajay sold 44852 shares between Feb 20 and 21. Tinna Rubber and Infrastructure: Promoter Sekhri Family Annuity Trust bought 229 shares on Feb 21. Jindal Steel & Power: Promoter Jindal Power bought 3.77 lakh shares on Feb 17. *Insider Trading* NCL Industries: Promoter Kakatiya Industries acquires 2,094 shares. Alembic Pharma: Promoter Chirayu Ramanbhai Amin HUF acquires 4,247 shares. KCP: Promoter Subbarao Vallabhaneni buys 1.37 lakh shares; Promoter Indira Dutt acquires 24,000 shares. *Trading Tweaks* Price Band Changes From 10% To 5%: Godfrey Phillips India Price Band Changes From 40% To 20%: Jyoti Structure Price Band Changes From 20% To 10%: Deccan Cements, KDDL Stock Trading Ex-Dividend: SBI Cards and Payment Services Moving into ASM Framework: Deccan Cements, Godrej Industries, Mangalam Organics, Medicamen Biotech. Moving out of ASM Framework: Essen Speciality Films, Excel Industries, Natco Pharma, Orchid Pharma. *F&O Cues* Nifty February futures down by 0.96% at a premium of 59.3 points. Nifty February futures open interest down by 22.69%. Nifty Options Feb. 27 Expiry: Maximum call open interest at 23,000 and maximum [ut open interest at 22,500. Securities In Ban Period: Chambal Fertilizers, Manappuram Finance. *Money Market* The Indian rupee lost most of its gains and ended flat versus the US dollar, closing at 86.71 per dollar on Monday. The currency opened 13 paise higher at 86.58, but lost momentum when data showed US business activity fell to a 17-month low. *Source: NDTV Profit*