CUES FOR TODAY
- Gift Nifty -70 Pts at open
- Nifty falls 125 Pts; sell off in CAS yetserday
- Brent holds lower around levels of $87
- IT Stocks in Focus post Nvidia Results
- Nvidia +4% after hours, beat & raised guidance
- Jackson Hole Symposium important, over the weekend

WALL ST OVERNIGHT
- Dow +0.3%
- S&P +0.32%
- Nasdaq +0.66%

Big moves After Hours:
- Nvidia +4%
- Dick's Sporting Goods -29% on Q2 Miss
- Moderna +14% on positive Melanoma vaccine data
- Intuit -9% on guidance miss

Asia This Morning
- Nikkei: -0.15%
- Kospi: +2.25%
- Hang Seng: -0.45%

Cash Market Flows: India
- DII +230 Cr
- FII +1594 Cr

FII Net Sell 1550 Cr in Index Futures
- Long: 10%
- Short: 90%

Options Data Suggests:
- Nifty support b/w 24100-24150
- Resistance b/w 24500-24550

Technical Levels To Track
Nifty
50 DMA: 24207
20 DMA: 24397

Nifty Bank
50 DMA: 57631
20 DMA: 57617

ACMESolar: Raises ₹1,571 cr project funding from IIFCL for 300 MW assured peak power project

Alert: IIFCL is India Infrastructure Finance Company

DIXON, KAYNES, CG POWER

CHINESE SEMICONDUCTOR FIRMS EYE SEMICON INDIA 2026 AS RISING COMPONENT IMPORTS AND INDIA’S GROWING CHIP DEMAND ATTRACT CHINESE TRADE DELEGATES

AMBER ENTERPRISES, OPTIEMUS ELECTRONICS IN FOCUS

MEMORY COSTS SURGE TO NEARLY 50% OF DEVICE COST;

LAPTOP, PC AND TABLET PRICES SET FOR ANOTHER 5–10% HIKE IN Q4

ASUS EXPECTS MANUFACTURERS TO RAISE DEVICE PRICES BY ANOTHER 5–10% DURING OCTOBER–DECEMBER

AMARA RAJA, EXIDE, WAAREE , NEOGEN

INDIA’S LFP BATTERY COSTS 13–23% ABOVE CHINA AS IMPORT PREMIUM HIGHLIGHTS OPPORTUNITY FOR DOMESTIC CELL MANUFACTURING

HDFC BANK says

Co Intends To Vigorously Defend Itself

Bank Believes The Lawsuit Is Without Merit

Many US Listed Cos Routinely Defend Such Lawsuits

HARISH KRISHNAN, ADITYA BIRLA SUN LIFE AMC SAYS

Cos Growing At 15% And Above Now Account For 53-54% Of The Top 500 Companies

There Has Been A Meaningful Reduction Of Valn Froth In Broader Markets

3 Areas We Are Cautious On: Capital Markets, Defence, Capital Goods

We Want To Pick Up Companies Going From 'Good To Great'

Think Lenskart Could Be A Big MNC Out Of India

Only 30% Of The IPOs In Last 2 Yrs Have Outperformed NSE 500 By More Than 5%

Nepal Floods || LATEST UPDATES:

➤ Nepal Army rescues 17 people this morning

➤ 5 choppers deployed for flood rescue operations

➤ 2,000 Nepal Army troops deployed for rescue

ADANI POWER :

1.02 CR SHARES EXCHANGED VIA BLOCK DEAL

JoshiEien to NDTVProfit

Pricing Power Can't Sustain On Inconsistent Demand

Expect Growth In Bromine Margins During Q2 & Q3

Bromine Prices Will Continue To Remain Firm

Cos Only Betting On Amines To See Premium Pricing

Expect More Shutdown In China On Stringent Norms

CDMO Cos Are Likely To See Structural Growth

Expect Suprise Orders For Navin Fluroine From US

Uptick In Commodity Chem May Not Be Sustainable

Q2 Will Be A Litmus Test For Commodity Chem Cos

KITEX GARMENTS: INDIA RATINGS DOWNGRADES BANK LOAN FACILITIES

• Bank loan facilities of ₹347.98 Cr downgraded by India Ratings

• New rating: IND BBB+/Negative/IND A2

• Rating action: Downgrade

• The Negative outlook indicates potential pressure on the company's credit profile going forward

BPCL:

CO EXEC SAYS CO TO BUILD 5000 T/YR GREEN HYDROGEN PROJECT AT BINA BY 2028

TVS MOTOR: LAUNCHES NEW JUPITER DUAL-TONE RANGE

• Launched Jupiter 110 Dual Tone Spectral range in Spectral Blue and Spectral Copper

• Adds premium styling with colour-coordinated panels, new seat colour and chrome mirrors

• Segment-first features include Sequential Turn Signal Lamps and USB Type-C charging

• Offers 33-litre under-seat storage and a premium long seat with integrated backrest

• Continues with SmartXonnect connected features and TVS iGO Assist

• Strengthens TVS Motor's Jupiter portfolio and premium positioning in the 110cc scooter segment

SUMAN MISHRA OF MAHINDRA LAST MOBILE MOBILITY SAYS

L5 Category Has Crossed More Than 40% Electrification

Expect Electrification In L5 Category To Reach To Levels Of 75-80% In 3 Yrs

Capacity, Growth & Industry Size Expected To Double Over 3-4 Years

Expect Electrification In 3W Cargo To Reach At Least 50% By 2030

In 4W Cargo Category, Electrification Is 13-14% & Been A Little Slow

See A Huge Opportunity For Expansion For Us In 4W Cargo Space

INDIA GOVT SEEKS JVS WITH JAPAN COS ON PHARMA, SHIP BUILDING: GOYAL

BAJAJ FINANCE:

CO APPROVED RAISING OF FUNDS VIA NCD'S WORTH 5000 CR RS VIA PRIVATE PLACEMENT BASIS.

ASHOKLEY IN FOCUS

MHCV CHANNEL CHECKS-SPARK AUTOS RESEARCH

Expect Ashok Leyland to produce 13,000 MHCV this month

Company wholesaled 12,270 last month and 9,381 MHCV's last August

Extremely strong numbers this month

Checks indicate the numbers in September will be stronger

ZEE:

RELEIF FOR SUBHASHCHANDRA AS CO WILL PAY 6.5CR TO SETTLE 22000 CR CLAIMS: MC