TRUMP SAYS FOX NEWS IS SPENDING FAR TOO MUCH TIME PUTTING ON THE OPPONENTS OF REPUBLICAN PARTY CANDIDATES, PEOPLE WHO LOVE THE COUNTRY AND HAVE GREAT POLICIES AND IDEAS - TRUTH SOCIAL

TRUMP SAYS THESE “AMERICAN PATRIOTS” ARE BEING ABSOLUTELY “BLURRED OUT” BY THE MEDIA AND THAT FOX IS DOING LITTLE TO HELP, CALLING IT THE ONLY REASON THE RACE IS CLOSE, “IF IT IS INDEED CLOSE” - TRUTH SOCIAL

TRUMP SAYS HE IS NOT CONCERNED IRAN WOULD REBUILD URANIUM IN MONTHS

TRUMP SAYS THE U.S. IS GETTING CLOSE TO A DEAL WITH CANADA THAT COULD COME BEFORE THE ELECTIONS, AND THAT ON BUILDING CAR PLANTS HE IS ANNOUNCING ONE TODAY

Q2 Wrap For Today: Key Guidance Changes

Infy - CC growth guidance cut to 1-2% vs 1.5-3%

Coforge - FY27 EBIT margin guidance raised to 16% vs 15.5%

Shree cement - FY27 vol guidance raised to 40-41 MT

Dr Reddy - Semaglutide relaunch till Mar, Reiterated FY27 EBITDA Margins guidance of 20%+

JSW Steel - Coking coal prices to rise $25/tonne

Jana SFB - FY27 PAT growth guidance raised to 100% vs 80%; deposit growth to accelerate in H2

Newgen Software - FY27 guidance cut to 10% vs 15%

Shriram Fin: Lowers FY27 AUM growth guidance to 15-17% vs 18%

Opening Cues

Iran-US War Commentary Remains Mixed

Gold Trades Below $4000/oz

Slight Retreat In Brent/Natural Gas Prices

Nikkei In Red-On AI Led Sell-Off

Asian Markets Open Mixed

Risk Off Sentiment Remains

Technicals Remain Weak

FII Shorts Unchanged At 90%

FIIs Turn Buyers In Cash Market After 1 Session

EARNINGS WATCHLIST

POSITIVE

Dr.Reddy's Labs-Q2-Margins surprise positively

Kotak Mahindra Bank- Strong 2Q with a beat on key operating metrics

Apollo Micro-Highest ever revenue, EBIDTA

TruAlt Bio, Bharat Coking Coal-Turnaround quarter

AU Small Finance Bank- Credit cost delivery much better than guidance

IDFC First Bank-NIM recovery ahead

Lumax Auto-PAT up 58% YoY

JK Cement-Strong operational beat

Coforge- Mgmt. confident on margin expansion

Tata Motors CV, IndusInd Bank, Torrent Pharma-Large Inline (With +ve bias)

NEGATIVE

Infosys-Cuts FY27 constant-currency revenue growth guidance

SBI Funds-PAT down 20% QoQ, weak receivables growth

JK Tyre-EBITDA margin contracted to 6.9% from 13% YoY

Oracle Financial Services-Weaker than estimates

L&T TECH: CO. AND NOKIA FORGE ENGINEERING COLLABORATION TO SUPPORT NOKIA ENGINEERING AND R&D ACTIVITIES IN INDIA

COFORGE: MANAGEMENT RAISED CONSOLIDATED EBIT MARGIN GUIDANCE FOR FY27 TO 16% FROM 15.5%, WITH A PLAN TO ACHIEVE A REPORTED Q4 EBIT OF 17% AND EXPECT MARGINS TO EXCEED 17% IN FY28;

THE COMPANY AIMS TO BE AMONG THE TOP THREE HIGHEST-EBIT-MARGIN TECH SERVICES FIRMS IN THE SHORT TO MEDIUM TERM, DRIVEN BY AI ADOPTION IN INTERNAL PROCESSES AND PROACTIVE SOLUTIONS.

Jyoti Structures - Wins another order worth Rs 949 crores

Order is for ±800 kV HVDC Bipole Barmer-II & South Kalamb Transmission Lines for package TL01 & TL02

Co has recently restarted of tower manufacturing Plant-2, with an additional annual manufacturing capacity of approximately 35,000 metric tonnes

Combined manufacturing capacity of Nashik Plant-1 and Plant-2: 72,000 MT per annum - almost double

SOME RECOVERY IN BROADER MARKET, NIFTY RECOVERED 140 PTS

STERLITE TECH says

On Track To Achieve FY29 Revenue Guidance Of *20,000 Cr

Seeing Disproportionate Growth From North America

Upgrade FY29 Margin Guidance From 27% Το 30%

Want 50-60% Of Biz To Come From Data Center By FY29

Focus Is On Healthy Balance, Have ₹700 Cr Of Cash

DIXON 🔴

Chinese smartphone brands lose Indian market share as AI-driven chip shortage pushes up prices - MC

Chinese smartphone brands lose ground in India due to costs.

Combined market share fell to 68% in the September quarter.

Samsung reclaimed the top position in smartphone shipments.

NETWEB says

Confident Of Crossing 24,000 Cr Revenue In FY27