Bernstein Report Triggers Sharp Sell-off in Premier Energy, Waaree Energies Futures

• Premier Energy and Waaree Energies faced strong selling after entering the futures market.
• Bernstein's report on the power sector, citing tender slowdown and reduced power demand, fueled the decline.
• Report predicts slower renewable additions (35 GW vs 55 GW) and grid capacity issues for solar.
• Bernstein downgraded both stocks to 'underperform' with targets: Waaree ₹2,109, Premier ₹718.
• Falling solar module prices and F&O entry from January series contributed to continuous share price drops.

Why It Matters: Bernstein's bearish report and F&O entry led to a sharp decline in Premier Energy and Waaree Energies.