AAJ KA DONE HAI

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Good morning 🌅

Cdsl and.kfintech both Rocking

kfintech 7%

basf

wipro , infy

IT recovering 😂😂

SAB ROCKET

ROCKET

NIFTY N BKNIDTY SPOT

nifty n bknifty spot

need down corrective swing

News & Impact



· Focus Today – FIIs net buying Rs4000cr on Thursday. US vice president 4-day visit from today. HDFC Bank, Yes Bank and ICICI Bank announced impressive Q4 results.Infosys announced weak Q1 earning guidance. US Dollar Index 3-year low at below $99 high while gold price nearly record of $3400/ounce. European Central Bank cut interest rate by 25bps to 2.25%. Gift Nifty is flat to negative. Buy Jio Fin, Eternal(Zomato), Datapatterns, SBI Life, LTF .



· ADR/GDR – HDFC Bank and ICICI Bank up 4% each. Infosys and Wipro down 2.5% and 1% respectively. Reliance Industries at 1.7%. Both SBI and Axis Bank up 3.5% each.



· Market outlook Today – The market is expected to open on a positive note, driven by stronger-than-expected Q4 results from major private banks like ICICI Bank and HDFC Bank. Investor sentiment is also being lifted by continued buying interest from Foreign Institutional Investors (FIIs), easing inflation which has dropped to a six-year low of 3.34%, rising hopes of a rate cut by the RBI, and a favorable monsoon forecast from the IMD. Additionally, the U.S. Dollar Index has slipped below 99 for the first time in three years, which is further supporting market optimism.FIIs have turned net buyers this week, pumping in over ₹14,000 crore, adding to the positive momentum. Although Gift Nifty is currently down 34 points (0.1%), Bank Nifty is expected to hit a new record high today, buoyed by strong earnings from ICICI and HDFC. The Nifty is just 0.5% away from its 200-day moving average at 24,050, after closing at a four-month high of 23,850 in the previous session. Sector-specific and stock-specific activity is likely to remain in focus. However, intraday volatility may persist due to ongoing US-China trade deal discussions and the four-day visit of the U.S. Vice President for trade talks. Meanwhile, U.S. Index Futures are trading 0.5% lower, reflecting concerns about economic slowdown and trade tensions, following a mixed close on Wall Street in the previous session.



Sector-wise outlook: Expect



· Banks – Expect positive for banks after private sectors banking majors ICICI Bank and HDFC Bank announced better than expected Q4 results.

· Focus on Defence Sector – Expect Positive as Defence stocks could continue their rally, supported by growing exports and robust domestic demand.

· Focus on FMCG Sectors - Expect positive for FMCG stocks optimism regarding the IMD's monsoon forecast and the potential boost to rural demand from lower inflation

· Focus on IT Sector – Expect Volatile on IT stocks after Infosys announced weak Q4 results

· Focus on Fertilizer and Tractors Stocks – Fertilizer and tractor are likely to see positive momentum, driven by expectations of improved demand following the IMD's forecast of an above-normal monsoon at 105% of the Long Period Average (LPA), where anything above 100% indicates favourable rainfall.



· US market Update ¬–.US market closed on a mixed day on Thursday as the global trade war remains top of mind and tensions rose between the Trump administration and the Federal Reserve. Nasdaq Composite ended flat while Dow Jones Index slipped 1.3% or over 500 points. Trump said the termination of Federal Reserve Chair Jerome Powell from his position can’t come quickly enough, arguing that the US central bank should have lowered interest rates already this year, and in any case should do so now.



· Asian Market – Asian market are witnessing mixed bag. Japan Index declined 1% ahead of trade negotiations between the finance chiefs of Japan and US.



· European Market – European equities stalled after the European Central Bank cut interest rates for the seventh time as global trade tensions threaten to derail the region’s economic recovery. UK index ended flat while Germany and France Index declined 0.50% each.

· Gold –. Gold rose to a record as the US-led trade war underpinned demand for haven assets, with data due in the coming days that may highlight early signs of damage to the global economy. Bullion for immediate delivery climbed above $3,364 an ounce, as the dollar fell



· Brent Crude - Crude oil futures logged their first weekly gain in three weeks, lifted by a fresh round of U.S. sanctions on Iran, stepped-up output discipline from OPEC producers, and improved U.S. export flows. Brent Crude gained 2% to $67/bbl.



· Previous Day Market Summary – Equity benchmark indices extended their rally for the fourth consecutive session on Thursday, with the Sensex soaring by over 1,500 points and the Nifty closing above the 23,850 mark, reaching a 4-month high. The surge was largely driven by strong buying in the financial sector and blue-chip stocks such as Reliance, HDFC Bank, Bharti Airtel, and Axis Bank. A sharp market recovery was seen due to short covering, coupled with robust foreign institutional investor (FII) activity, which brought in net inflows of ₹10,000 crore over the last two sessions. Positive factors included inflation nearing a six-year low at 3.34%, growing expectations of an RBI rate cut, the India Meteorological Department’s forecast of an above-normal monsoon, and a weakening US Dollar Index, which fell to a six-month low below 100. Additionally, US index futures rose 1% on optimism about potential trade talks between China and Japan. The Sensex ended 1,509 points, or 2%, higher at 78,553, while the Nifty gained 414 points, or 1.80%, closing at 23,851. FIIs were net buyers Rs4667cr while DIIs were net sellers Rs2006cr



· Brokers Radar – Infosys TGT by Infosys at 1600, Infosys TGT by Nomura at 1720. ICICI Bank TGT by Jefferies at 1710 from 1600. Infosys TGT by JP Morgan at 800. Infosys TGT by Morgan Stanley at 1530 from 1740. CITI TGT on Infosys at 1525. HSBC TGT on Infosys at 1700. CLSA TGT on ICICI Bank at 1700. Hdfc Bank TGT at 2200 from 1785 by CLSA. Jefferies TGT on HDFC Bank at 2340 from 2120.



· Event – US vice president 3-day visit from today ahead of trade deal.



· Actionable BUY – Infosys, Jio Fin, Eternal(Zomato), Datapatterns, SBI Life, LTF



· Results Today – Tata Investment, Himadari Speciality, Anant Raj, Alok Industries, Mahindra Logistics



· Corporate Action – Captain Technologies Bonus Issue 1:1, Ranjeet Mechatronics Stock Split Rs 10/- to Rs 5/-,



· Global Data Today – Japan - 1-year Loan Prime Rate, 5-year Loan Prime Rate



· Market Summary – Just Dial announced impressive Q4 results. Adani Ports to Buy Australian Terminal for $2.5B EV. IDFC First Bank to raise Rs 7,500 crore from Warburg Pincus and Abu Dhabi Investment Authority, Zydus Lifesciences To Acquire 85.6% Stake In Amplitude Surgical, Eicher Motors' Royal Enfield Launches Classic 350 Motorcycle In Nepal, Alembic Pharma Gets Final Approval For A Drug To Treat Seizures & Bipolar Disorder. Infosys announced weak FY26 growth guidance. ICICI Bank, HDFC Bank and Yes Bank announced better than expected Q4 NII, Operating profit and NIM. HDFC Bank reduces FD interest rates by 50 bps



· HDFC Bank reported better than expected Q4 NII, Operating profit, NIM and improve asset quality. Company reported Q4 Net Profit Rs17620cr (up 6.7% YoY) - estimate 17030cr. GNPA 1.33% vs. 1.42% (QoQ) – estimate 1.40%. Provisions Rs3190ct (up 1.3% QoQ) - estimate 3200cr. Operating profit Rs26540 cr (down 9.3% YoY) – estimate 25570cr. NII Rs32066cr (up 10% YoY) – 30670cr, Q4 NIM 3.46% - Expectation 3.42% and Dividend per share Rs22 a share



· ICICI Bank announced better than expected Q4 NII growth and Operating profit, Improve asset quality. – Company reported Net profit Rs12630cr (up 13% YoY) – expectation Rs12030cr, GNPA 1.67% vs 1.98% (QoQ) – expectation 1.80%, Provision Rs891cr (down 28% QoQ) – expectation Rs910cr, Operating Profit Rs17660cr (up 17% YoY) – expectation Rs17060cr, Other Income Rs7260cr (up 28% YoY) – expectation Rs6920cr, NIM 4.41%