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Buy or sell stocks: After going sideways to negative for seven straight sessions, the Indian stock market witnessed a bloodbath during the Friday session. The Nifty 50 index crashed 420 points or 1.86 per cent — the steepest single-session decline since October 3, 2024, in percentage terms — and closed at 22,124. The BSE Sensex nosedived over 1400 points and closed at 73,198, while the Bank Nifty index tanked 399 points and finished at 48,344. Selling in the broad market was more extensive as the BSE Small-cap index crashed over 2.30 per cent, while the Mid-cap index nosedived over 2.15 per cent.

Sumeet Bagadia’s stock recommendations

Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment weakened after the Dalal Street bloodbath. The Choice Broking expert said the Nifty 50 index has broken the crucial support placed at 22,200, and the 50-stock index may now try to test the 21,800 range in the near term. He advised stock market investors to look at those stocks that look strong on the technical chart and suggested buying these three shares: Shriram Finance, IndiGo, and HDFC Bank.

1] Shriram Finance: Buy at ₹617, target ₹653 to ₹670, stop loss ₹595.

Shriram Finance’s share price is trading at ₹617, having recently rebounded from a key support zone. The stock has formed a bullish candlestick on the weekly timeframe and has successfully broken out of a falling trendline. This breakout strengthens the reversal pattern, suggesting renewed buying interest from market participants. The stock has notably recovered nearly 21% from its recent decline, further reinforcing the bullish sentiment.

From a technical standpoint, Exponential Moving Averages (EMAs) confirm a strong uptrend, as the stock is currently trading above its 20-day, 50-day, and 200-day EMAs. This alignment of moving averages indicates sustained buying pressure and suggests that the stock is well-positioned for further gains. If Shriram Finance’s share price breaks above the immediate resistance level at ₹620, it could extend its upward move towards a short-term target of ₹653.

Additionally, momentum indicators such as the Relative Strength Index (RSI) support this bullish outlook. The RSI currently stands at 67.36 and is trending upwards, reflecting increasing buying momentum and market strength. On the downside, immediate support is positioned at ₹595, a key level to watch in case of any pullback.

Considering the prevailing technical setup and market conditions, initiating a long position at ₹617 is a strategic move. A well-defined target range of ₹653 to ₹670 offers a favourable risk-reward ratio. Placing a stop-loss at ₹595 would be a prudent risk management strategy to manage potential downside risks effectively. This approach ensures that any unexpected price reversal is contained while allowing maximum upside potential.

2] IndiGo: Buy at ₹4477, target ₹4760, stop loss ₹4350.

IndiGo share price is currently trading at ₹4477, having recently surged from the 200-day EMA support level. Additionally, the 20-day EMA has crossed above the 50-day EMA, signalling a continuation of the bullish trend. The stock trades comfortably above these key moving averages, reinforcing positive momentum and indicating strong buying interest. However, the stock faces resistance at a falling trendline and is on the verge of breaking out. A successful breakout would confirm a reversal pattern, supported by rising trading volumes, further strengthening the bullish outlook. This breakout could attract more buyers, leading to a potential price surge.

A decisive move above the critical resistance level of ₹4575 would confirm the breakout, providing an ideal entry point for long positions. If this level is breached, the stock has the potential to rally toward an upside target of ₹4760, further reinforcing positive sentiment.

Given the current technical setup, traders may consider entering a long position at ₹4477, with a stop-loss placed around the 20-day EMA, currently near ₹4350, to manage risk effectively. While the trade setup appears favourable, it is crucial to remain mindful of short-term volatility and adhere to strict risk management strategies. Ensuring disciplined execution will help maximize potential gains while mitigating downside risks.

3] HDFC Bank: Buy at ₹1732, target ₹1800, stop loss ₹1670.

HDFC Bank share is trading at ₹1732, exhibiting strong bullish momentum over the past three sessions. The stock has rebounded from its recent decline and has shown a promising sign of recovery by forming a strong bullish candlestick on the daily timeframe. This reversal is further supported by increasing trading volumes, indicating strong investors’ buying interest and reinforcing the stock’s positive sentiment.

From a technical perspective, Exponential Moving Averages (EMAs) confirm a strong uptrend, with the stock trading comfortably above its 20-day, 50-day, and 200-day EMAs. Additionally, the price has taken solid support from short-term EMAs, further strengthening the bullish outlook. If HDFC Bank’s share price successfully breaks above the immediate resistance level at ₹1740, it could extend its rally toward the short-term target of ₹1800. Momentum indicators also support the bullish stance, with the Relative Strength Index (RSI) currently at 57.25 and trending upward, reflecting increasing buying pressure. On the downside, immediate support is positioned at ₹1715, which could be a cushion against minor pullbacks.

Considering the prevailing technical setup and market conditions, initiating a long position at ₹1732 is well-calculated. With a defined target of ₹1800, the trade offers a favourable risk-reward ratio. Setting a stop-loss at ₹1670 would be a prudent risk management approach to manage downside risks effectively, ensuring that any unexpected price reversal is contained while maximizing potential gains.

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AI powerhouse OpenAI today unveiled its most ‘advanced and knowledgeable’ AI model—the GPT-4.5. The company has released a research preview of the latest model for its Pro users and developers. OpenAI reportedly plans to expand access in the coming weeks.

The latest AI model is a step forward in AI development as the company scaled two key paradigms—unsupervised learning and reasoning. As we have seen, reasoning models follow a step-by-step thinking process before responding; the unsupervised learning moves away from this method. However, it is said to have improved the new model’s accuracy, intuition, and overall knowledge.

The powerful GPT-4.5 is equipped with an enhanced ability to recognise patterns and generate creative insights without reasoning. The model also shows greater emotional intelligence, according to the company.

While OpenAI’s o series models rely on reasoning, GPT-4.5 leans heavily into unsupervised learning. This, according to the company, not only enhances its knowledge and factual accuracy, but at the same time also reduces hallucinations. Even in the absence of step-by-step reasoning, the company claims that it is inherently smarter and more useful for general tasks.

GPT-4.5 offers improved interactions

Based on the demo by OpenAI, GPT-4.5 seems to come up with a more natural and engaging conversational experience. The demo showed that the model excels in writing, programming, and problem-solving owing to its deeper understanding of context. Compared to the previous models, GPT-4.5 is much better at interpreting a user’s intent and emotional tone. During the demo, the model was asked to write an emotionally charged message, which it understood and came up with a constructive response. On the contrary, a traditional model would have followed instructions and offered a mechanical response. This showed that GPT-4.5 comes with improved emotional intelligence (EQ) and nuanced language capabilities.

When it comes to specifications, OpenAI has introduced new scalable alignment techniques to make GPT-4.5 a better collaborator. This essentially allows the model to be trained using data derived from smaller models. It also enhances its world knowledge while cutting down on hallucination rates. The company said that human evaluators tested GPT-4.5 across multiple categories such as accuracy, factual reliability, and creative intelligence, etc. OpenAI claims that GPT-4.5 outperformed previous models across several benchmarks, making it a more trustworthy, intuitive, and emotionally aware AI assistant.

When it comes to benchmarks, so far GPT-4.5 excels in simple QA (question-answering), demonstrating superior world knowledge. However, OpenAI is yet to reveal its full benchmark comparisons across different problem-solving tasks.

What are the new features?

The GPT-4.5 comes with deeper world knowledge, a better understanding of user intent, and has been designed for more natural conversations. The company said that the new model excels at tasks requiring creativity, empathy, and broad general knowledge, including writing help, coaching, brainstorming, and nuanced communication. Reportedly, it also performs well at agentic planning and execution.

The model supports function calling, structured outputs, vision, streaming, system messages, evals, and prompt caching. GPT-4.5 is available via Chat Completions, Assistants, and Batch APIs.

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Shares of passenger and commercial vehicles manufacturer Tata Motors Ltd., also the parent company of Jaguar Land Rover (JLR) ended at a 52-week low on Friday, February 28, after the stock fell for the fifth day in a row.

With Friday’s fall, the stock has declined in seven out of the last eight trading sessions.

Tata Motors shares have now corrected 47% from their peak of ₹1,179, which they had hit on July 30 last year, and have lost nearly ₹2 lakh crore in market capitalisation since then.

The stock is also down close to 13.5% in the month of February, which will mark its seventh consecutive negative monthly return and its worst month since October last year, when the stock had declined 14%.

This is also the worst monthly losing streak for Tata Motors since 2015, when the stock fell between March and September that year, before rebounding in October and November.

On the charts, Tata Motors trades below all of its key moving averages, which is the 50, 100 and the 200-DMA. Its RSI is now at 28, which means the stock is in “oversold” territory. An RSI reading below 30 means the stock is “oversold.”

Tata Motors shares were the best performers on the Nifty 50 index in 2023, and also the only one who doubled in value on the index that year.

Despite this steep fall in share price, three out of the 34 analysts who have coverage on Tata Motors still expect the stock to cross levels of ₹1,000 and above.

Haitong Securities has the highest price target on the street for Tata Motors, which is at ₹1,300 and implies that the stock may almost double from current levels. Domestic brokerages like Axis Capital and Reliance Securities also have price targets of ₹1,100 each on the stock.

20 out of the 34 analysts who have coverage on Tata Motors have a “buy” rating on the stock, nine of them say “hold”, while five have a “sell” rating.

Consensus estimates of price targets imply a potential upside of 32% for the stock. Jefferies has the lowest target on Tata Motors at ₹625.

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Sudarshan Kamath, founder of Smallest AI, has generated interest on social media by announcing an unconventional hiring approach for a software engineer position at his Bengaluru office. Mr Kamath stated that candidates’ educational background and resumes are not required for the role, which offers a salary of Rs 40 lakh per annum and a five-day office workweek. The position is open to individuals with zero to two years of experience and will be based in Indiranagar.

 “We are looking to hire a cracked full-stack engineer at Smallest AI… Send a small 100-word text introducing yourself + links to your best work to info@smallest.ai” he wrote on X. 

The term “cracked full-stack engineer” isn’t a formally defined title in the tech industry, but it’s often used colloquially—especially in informal contexts like social media or job postings—to describe a highly skilled, adaptable, and resourceful software engineer who excels at both front-end and back-end development. The word “cracked” here likely draws from slang meaning “exceptional” or “outstanding,” suggesting someone who’s not just competent but stands out due to their problem-solving abilities, creativity, or efficiency.

Many users praised Mr Kamath’s focus on skills over credentials, while others debated the offered salary, suggesting it may be insufficient for a highly skilled “cracked” engineer. 

One user wrote, “Don’t add “cracked” if you can’t pay cracked salary. respectfully, it’s not a good look for you and your company.” Another commented, “Indira Nagar is such an expensive place that out of 15 lacs where in hand will be 1 lac approx, 35k will go just in accommodation in a sharing apartment plus groceries plus weekends plus education loan EMI or discretionary spending EMI. Feel yourself lucky if you can save 20k.”

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 The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) Friday recommended retaining the interest rate at 8.25 per cent for financial year 2024-25 — the same level as previous year. It has over 30 crore total subscribers, out of which around 7.4 crore are active contributing subscribers, sources said. A formal announcement on the same is expected later in the day.

The EPFO’s Board had last year hiked the interest rate to the highest level in three years ahead of the Lok Sabha elections and has now retained it despite an overall rate cut cycle in the economy.

This comes at a time when the Reserve Bank of India (RBI) had cut the repo rate to 6.25 per cent after holding it at 6.5 per cent for two years on February 7. Before FY24, the EPFO has maintained the interest rate at 8.5 per cent both in 2019-20 and 2020-21, the EPFO had cut the interest rate in 2021-22 to 8.1 per cent, the lowest in four decades. It then hiked it marginally to 8.15 per cent in 2022-23.

The Ministry of Labour and Employment will now send the interest rate recommendation of 8.25 per cent for 2024-25 to the Ministry of Finance for ratification. After the ministry’s consent to the interest rate, the EPFO would credit the rate of interest for the previous fiscal to the EPF subscribers.

Here’s a look at the interest rates over the years:

Year	EPFO Interest Rate
2010-11	9.50%
2011-12	8.25%
2012-13	8.50%
2013-14	8.75%
2014-15	8.75%
2015-16	8.80%
2016-17	8.65%
2017-18	8.55%
2018-19	8.65%
2019-20	8.50%
2020-21	8.50%
2021-22	8.10%
2022-23	8.15%
2023-24	8.25%
2024-25*	8.25%

*as recommended by CBT, to be approved by Finance Ministry

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