Morning Alert..
*Foreign investors slash India allocations in July, shift to China & Korea*
India is rapidly losing favour with global emerging market (EM) investors, with the latest fund flow data showing one of the steepest cutbacks in allocations to Indian equities in recent months. According to an analysis done by Nomura of 45 large EM funds, relative allocations to India fell by 110 basis points (bps) month-on-month (M-o-M) in July, with as many as 41 funds reducing exposure. This marks India out as the largest underweight (UW) market in EM portfolios, with allocations standing at a negative 2.9 percentage points relative to benchmark MSCI EM index. In contrast, Hong Kong, China and South Korea have emerged as the key beneficiaries of this regional rebalancing. Allocations to Hong Kong, China and South Korea rose by 80 bps, 70 bps and 40 bps, respectively, reflecting a decisive rotation in foreign portfolios. In the Nomura sample set, 37 of the 45 funds increased their exposure to Hong Kong and China while 29 did so in case of South Korea. The tilt is significant as it comes at a time when India continues to trade at a valuation premium to EM peers. By the end of July, 71 per cent of EM funds were underweight on India, up from 60 per cent in June. In comparison, the percentage of funds underweight on Hong Kong, China, dropped sharply from 71 per cent in June to 53 per cent in July, suggesting sentiment towards Chinese equities is turning less bearish. South Korea, meanwhile, has moved into overweight territory, with 60 per cent of EM funds now overweight versus a more balanced split previously.
*Global market action*
Dow Jones – Up by 0.14% or 62.42 points
FTSE – Up by 0.23% or 21.06 points
CAC – Down by 0.44% or 34.74 points
DAX – Up by 0.07% or 16.37 points
Gift Nifty – Down by 0.30% or 75.50 points
*FII/DII activities*
FII – Bought 1246.51Cr worth of shares
DII – Bought 2546.27Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15.2x
*Stocks with high delivery percentage*
Cholamandalam Financial Holding Ltd – 90.2%
P&G Hygiene & Health care Ltd – 88%
EIH Ltd – 85.7%
Atul Ltd – 82.9%
Tata Communications Ltd – 82.5%
*Primary market activities*
IPOs opening today
Anondita Medicare Ltd (NSE SME) – Issue size 69.50Cr
Shivashrit Foods Ltd (NSE SME) – Issue size 70.03Cr
Classic Electrodes India Ltd (NSE SME) – Issue size 41.51Cr
*Commodities updates*
Gold – Rs 99405/10gm, Silver – Rs 113744/kg, Brcrude – Rs 5426/barrel, Copper – Rs 877.25/kg.
*Corporate New*
Vedanta approves ₹6,256 cr interim dividend; VRL to get ₹3,503 cr.
IDBI Bank divestment likely to close this FY: Dipam Secy Arunish Chawla.
Suneeta Reddy to sell 1.25% stake in Apollo Hospitals for ₹1,395 crore.
*Foreign investors slash India allocations in July, shift to China & Korea*
India is rapidly losing favour with global emerging market (EM) investors, with the latest fund flow data showing one of the steepest cutbacks in allocations to Indian equities in recent months. According to an analysis done by Nomura of 45 large EM funds, relative allocations to India fell by 110 basis points (bps) month-on-month (M-o-M) in July, with as many as 41 funds reducing exposure. This marks India out as the largest underweight (UW) market in EM portfolios, with allocations standing at a negative 2.9 percentage points relative to benchmark MSCI EM index. In contrast, Hong Kong, China and South Korea have emerged as the key beneficiaries of this regional rebalancing. Allocations to Hong Kong, China and South Korea rose by 80 bps, 70 bps and 40 bps, respectively, reflecting a decisive rotation in foreign portfolios. In the Nomura sample set, 37 of the 45 funds increased their exposure to Hong Kong and China while 29 did so in case of South Korea. The tilt is significant as it comes at a time when India continues to trade at a valuation premium to EM peers. By the end of July, 71 per cent of EM funds were underweight on India, up from 60 per cent in June. In comparison, the percentage of funds underweight on Hong Kong, China, dropped sharply from 71 per cent in June to 53 per cent in July, suggesting sentiment towards Chinese equities is turning less bearish. South Korea, meanwhile, has moved into overweight territory, with 60 per cent of EM funds now overweight versus a more balanced split previously.
*Global market action*
Dow Jones – Up by 0.14% or 62.42 points
FTSE – Up by 0.23% or 21.06 points
CAC – Down by 0.44% or 34.74 points
DAX – Up by 0.07% or 16.37 points
Gift Nifty – Down by 0.30% or 75.50 points
*FII/DII activities*
FII – Bought 1246.51Cr worth of shares
DII – Bought 2546.27Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15.2x
*Stocks with high delivery percentage*
Cholamandalam Financial Holding Ltd – 90.2%
P&G Hygiene & Health care Ltd – 88%
EIH Ltd – 85.7%
Atul Ltd – 82.9%
Tata Communications Ltd – 82.5%
*Primary market activities*
IPOs opening today
Anondita Medicare Ltd (NSE SME) – Issue size 69.50Cr
Shivashrit Foods Ltd (NSE SME) – Issue size 70.03Cr
Classic Electrodes India Ltd (NSE SME) – Issue size 41.51Cr
*Commodities updates*
Gold – Rs 99405/10gm, Silver – Rs 113744/kg, Brcrude – Rs 5426/barrel, Copper – Rs 877.25/kg.
*Corporate New*
Vedanta approves ₹6,256 cr interim dividend; VRL to get ₹3,503 cr.
IDBI Bank divestment likely to close this FY: Dipam Secy Arunish Chawla.
Suneeta Reddy to sell 1.25% stake in Apollo Hospitals for ₹1,395 crore.
Morning Alert..
*GST rate rationalisation likely to drive growth in life and health policies*
Amid muted insurance penetration, the rationalisation of goods and services tax (GST) rates is expected to boost sales of life and health insurance among price-sensitive customer segments by making policies more affordable. According to the Insurance Regulatory and Development Authority of India’s annual report, insurance penetration in India stood at 3.7 per cent in 2023-24 (FY24), down from 4 per cent a year earlier. Non-life insurance penetration remained flat at 1 per cent, while life insurance penetration increased slightly to 3 per cent from 2.8 per cent. Growth in health insurance has been constrained by affordability concerns amid high medical inflation. Industry experts noted that the successful implementation of a zero per cent GST would also depend on the treatment of input tax credit (ITC) for insurers. A Group of Ministers has recommended completely removing the 18 per cent GST currently charged on insurance. Currently, insurers can claim ITC on costs for reinsurance, commissions, third-party administrator services, and other operational expenses. If insurance is exempted from GST, ITC will no longer be available, potentially increasing costs for insurers. Industry sources estimate that insurers offset 8–10 per cent of premium costs through ITC.
*Global market action*
Dow Jones – Down by 0.09% or 42.57 points
FTSE – Up by 0.13% or 12.20 points
CAC – Up by 0.39% or 31.40 points
DAX – Up by 0.29% or 69.75 points
Gift Nifty – Up by 0.27% or 68.00 points
*FII/DII activities*
FII – Sold 1622.52Cr worth of shares
DII – Sold 329.25Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 21.8x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Karur Vysya Bank Ltd – 88.5%
Vinati Organics Ltd – 86.2%
UBL – 82.1%
ZF Commercial Vehicles Control Systems India Ltd – 80.6%
Gland Pharma Ltd – 79.8%
*Primary market activities*
IPOs opening today
Globtier Infotech Ltd (BSE SME) – Issue size 31.05Cr
NIS Management Ltd (BSE SME) – Issue size 60.01Cr
Listing today
Studio LSD Ltd (NSE SME) – Subscribed 2.35x
*Commodities updates*
Gold – Rs 100391/10gm, Silver – Rs 116234/barrel, Copper – Rs 880.65/kg, Brcrude – Rs 5426/barrel.
*Corporate News*
NTPC to mark nuclear power entry with 2,800 Mw project next month.
Sebi approval for LIC as IDBI Bank public shareholder after divestment.
*GST rate rationalisation likely to drive growth in life and health policies*
Amid muted insurance penetration, the rationalisation of goods and services tax (GST) rates is expected to boost sales of life and health insurance among price-sensitive customer segments by making policies more affordable. According to the Insurance Regulatory and Development Authority of India’s annual report, insurance penetration in India stood at 3.7 per cent in 2023-24 (FY24), down from 4 per cent a year earlier. Non-life insurance penetration remained flat at 1 per cent, while life insurance penetration increased slightly to 3 per cent from 2.8 per cent. Growth in health insurance has been constrained by affordability concerns amid high medical inflation. Industry experts noted that the successful implementation of a zero per cent GST would also depend on the treatment of input tax credit (ITC) for insurers. A Group of Ministers has recommended completely removing the 18 per cent GST currently charged on insurance. Currently, insurers can claim ITC on costs for reinsurance, commissions, third-party administrator services, and other operational expenses. If insurance is exempted from GST, ITC will no longer be available, potentially increasing costs for insurers. Industry sources estimate that insurers offset 8–10 per cent of premium costs through ITC.
*Global market action*
Dow Jones – Down by 0.09% or 42.57 points
FTSE – Up by 0.13% or 12.20 points
CAC – Up by 0.39% or 31.40 points
DAX – Up by 0.29% or 69.75 points
Gift Nifty – Up by 0.27% or 68.00 points
*FII/DII activities*
FII – Sold 1622.52Cr worth of shares
DII – Sold 329.25Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 21.8x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Karur Vysya Bank Ltd – 88.5%
Vinati Organics Ltd – 86.2%
UBL – 82.1%
ZF Commercial Vehicles Control Systems India Ltd – 80.6%
Gland Pharma Ltd – 79.8%
*Primary market activities*
IPOs opening today
Globtier Infotech Ltd (BSE SME) – Issue size 31.05Cr
NIS Management Ltd (BSE SME) – Issue size 60.01Cr
Listing today
Studio LSD Ltd (NSE SME) – Subscribed 2.35x
*Commodities updates*
Gold – Rs 100391/10gm, Silver – Rs 116234/barrel, Copper – Rs 880.65/kg, Brcrude – Rs 5426/barrel.
*Corporate News*
NTPC to mark nuclear power entry with 2,800 Mw project next month.
Sebi approval for LIC as IDBI Bank public shareholder after divestment.
Morning Buzzer
Currently In 5 % In Next 4 coming in 20 % Upper circuit
Highway infra ( HIL ) CMP 95 / 97
Test Resistance 120 / 130 Sl 89
Upper circuit Candidate
Currently In 5 % In Next 4 coming in 20 % Upper circuit
Highway infra ( HIL ) CMP 95 / 97
Test Resistance 120 / 130 Sl 89
Upper circuit Candidate
Equity99
Morning Buzzer Currently In 5 % In Next 4 coming in 20 % Upper circuit Highway infra ( HIL ) CMP 95 / 97 Test Resistance 120 / 130 Sl 89 Upper circuit Candidate
Only 2.65L Seller @ Lower Any Time Open Lower Circuit 🚀🚀🚀🚀
Equity99
Morning Buzzer Currently In 5 % In Next 4 coming in 20 % Upper circuit Highway infra ( HIL ) CMP 95 / 97 Test Resistance 120 / 130 Sl 89 Upper circuit Candidate
Lower Circuit Open Ready To Break 100🚀🚀🚀💥💥💥💥
Equity99
Morning Buzzer Currently In 5 % In Next 4 coming in 20 % Upper circuit Highway infra ( HIL ) CMP 95 / 97 Test Resistance 120 / 130 Sl 89 Upper circuit Candidate
Hit High 98 Ready To Hit upper circuit 104🚀🚀🚀🚀
Board Meeting For Bonus Consideration
Huge Moment Expected
20 % Upper circuit Candidate 🚀🚀🚀🚀🚀
Available @ discount rate
Average Fundamental Stock
Univastu India CMP 275 / 280
Test Resistance 300 / 350 fast sl 225
Long term 500 / 700
Huge Moment Expected
20 % Upper circuit Candidate 🚀🚀🚀🚀🚀
Available @ discount rate
Average Fundamental Stock
Univastu India CMP 275 / 280
Test Resistance 300 / 350 fast sl 225
Long term 500 / 700
Defence Story Again Play
Aartech SOLONIC CMP 61
Very low Price
Q1 results Good
Very Soon Circuit Limit change 10 % in Next week
Test Resistance 100 / 120 Short Term/ long sl 52
Coming days View Strong Potential View
Aartech SOLONIC CMP 61
Very low Price
Q1 results Good
Very Soon Circuit Limit change 10 % in Next week
Test Resistance 100 / 120 Short Term/ long sl 52
Coming days View Strong Potential View
Equity99
https://hdfcsky.com/news/aartech-solonics-stock-gained-more-than-4-percent-today
Very Near To Hit Upper circuit 🚀🚀🚀🚀🚀
Equity99
Very Near To Hit Upper circuit 🚀🚀🚀🚀🚀
Strong Q1 business update by AARTECH SOLONICS. Expect strong numbers in Q1 after this update......
During Q1, Aartech successfully executed a key international project involving its Bus Transfer System for Jawa Power in Indonesia. Also secured a strategic order from Qatar, expanding its footprint in the Middle East.
In Domestic market, Aartech continues to reinforce its
market leadership with fresh orders, including a notable project for SCADA-enabled Control and Relay Panels from Chhattisgarh Power.
During Q1, Company delivered customized rugged tool cases to the Indian Air Force and Indian Navy.
During Q1, Aartech successfully executed a key international project involving its Bus Transfer System for Jawa Power in Indonesia. Also secured a strategic order from Qatar, expanding its footprint in the Middle East.
In Domestic market, Aartech continues to reinforce its
market leadership with fresh orders, including a notable project for SCADA-enabled Control and Relay Panels from Chhattisgarh Power.
During Q1, Company delivered customized rugged tool cases to the Indian Air Force and Indian Navy.
Equity99
Board Meeting For Bonus Consideration Huge Moment Expected 20 % Upper circuit Candidate 🚀🚀🚀🚀🚀 Available @ discount rate Average Fundamental Stock Univastu India CMP 275 / 280 Test Resistance 300 / 350 fast sl 225 Long term 500 / 700
🚀🚀 UNIVASTU INDIA 🚀🚀
This star performer stock discussed again near 265 levels, showed amazing jump high in the sky and has touched 300 levels today. 🏌♂
We see strong potential further upside in the same company. 🚀🚀🚀
This star performer stock discussed again near 265 levels, showed amazing jump high in the sky and has touched 300 levels today. 🏌♂
We see strong potential further upside in the same company. 🚀🚀🚀
Morning Alert..
*RBI won't be found wanting if 50% US tariff hurts growth: Governor*
The Reserve Bank of India (RBI) could step in with policy measures if the 50 per cent US tariff — due to take effect from Wednesday — affects domestic economic growth, Governor Sanjay Malhotra signalled on Monday. He also said the RBI intends to implement Basel-III norms for commercial banks’ market, credit, and operational risks from April 2027. Draft guidelines on credit risk and expected credit loss will be issued shortly, he added. Malhotra, responding to a question regarding the impact of US tariffs, at the Ficci-IBA annual banking conclave, said: “We have provided ample liquidity to the banking sector and whatever else is required to support the growth of the economy, including those sectors which are impacted more. If it so happens, we will not be found wanting in our job.” In his speech, Malhotra stressed that the RBI had not “lost sight of growth” while anchoring inflation amid uncertainties, citing past examples: During the Covid period, when growth slowed, and more recently when inflation was benign, the monetary policy committee responded by cutting interest rates. “We will continue to conduct monetary policy with the primary objective of price stability, keeping in view the objective of growth,” he said. The six-member rate-setting panel reduced the policy repo rate by 100 basis points between February and June. The rate was left unchanged at 5.5 per cent in the August policy review.
*Global market action*
Dow Jones – Down by 0.09% or 40.29 points
FTSE – Up by 0.13% or 12.20 points
CAC – Down by 1.61% or 126.65 points
DAX – Down by 0.37% or 89.97 points
Gift Nifty – Down by 0.34% or 86.00 points
*FII/DII activities*
FII – Sold 2466.24Cr worth of shares
DII – Bought 3176.69Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 21.9x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Sundaram Fasteners Ltd – 94.1%
Tata Communications Ltd – 91.3%
TTK Prestige Ltd – 89.2%
Aster DM Healthcare Ltd – 88.5%
Five-Star Business Finance Ltd – 84.5%
*Primary market activities*
IPOs opening today
Anlon healthcare Ltd (Main board) – Issue size 121.03Cr
Vikran Engineering Ltd (Main board) – Issue size 772Cr
Current Infraprojects Ltd (NSE SME) – Issue size 41.80Cr
Sattva Engineering Construction Ltd (NSE SME) – Issue size 35.38Cr
Listing today
Shreeji shipping Global Ltd (Main board) – Subscribed 58.08x
Gem Aromatics Ltd (Main board) – Subscribed 30.45x
LGT Business Connextions Ltd (BSE SME) – Subscribed 1.25x
Vikram Solar Ltd (Main board) – Subscribed 56.42x
Patel Retail Ltd (Main board) – Subscribed 95.69x
*Commodities updates*
Gold – Rs 100601/10gm, Silver – Rs 115862/kg, Brcrude – Rs 5426/barrel, Copper – Rs 883/kg.
*Corporate News*
L&T looks to build on defence and data centre foundation in India.
Paytm winds up RMG business, to invest in Paytm Money and Paytm Services.
BoM plans ₹2,000 crore equity issue; govt stake to fall below 75%.
*RBI won't be found wanting if 50% US tariff hurts growth: Governor*
The Reserve Bank of India (RBI) could step in with policy measures if the 50 per cent US tariff — due to take effect from Wednesday — affects domestic economic growth, Governor Sanjay Malhotra signalled on Monday. He also said the RBI intends to implement Basel-III norms for commercial banks’ market, credit, and operational risks from April 2027. Draft guidelines on credit risk and expected credit loss will be issued shortly, he added. Malhotra, responding to a question regarding the impact of US tariffs, at the Ficci-IBA annual banking conclave, said: “We have provided ample liquidity to the banking sector and whatever else is required to support the growth of the economy, including those sectors which are impacted more. If it so happens, we will not be found wanting in our job.” In his speech, Malhotra stressed that the RBI had not “lost sight of growth” while anchoring inflation amid uncertainties, citing past examples: During the Covid period, when growth slowed, and more recently when inflation was benign, the monetary policy committee responded by cutting interest rates. “We will continue to conduct monetary policy with the primary objective of price stability, keeping in view the objective of growth,” he said. The six-member rate-setting panel reduced the policy repo rate by 100 basis points between February and June. The rate was left unchanged at 5.5 per cent in the August policy review.
*Global market action*
Dow Jones – Down by 0.09% or 40.29 points
FTSE – Up by 0.13% or 12.20 points
CAC – Down by 1.61% or 126.65 points
DAX – Down by 0.37% or 89.97 points
Gift Nifty – Down by 0.34% or 86.00 points
*FII/DII activities*
FII – Sold 2466.24Cr worth of shares
DII – Bought 3176.69Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 21.9x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Sundaram Fasteners Ltd – 94.1%
Tata Communications Ltd – 91.3%
TTK Prestige Ltd – 89.2%
Aster DM Healthcare Ltd – 88.5%
Five-Star Business Finance Ltd – 84.5%
*Primary market activities*
IPOs opening today
Anlon healthcare Ltd (Main board) – Issue size 121.03Cr
Vikran Engineering Ltd (Main board) – Issue size 772Cr
Current Infraprojects Ltd (NSE SME) – Issue size 41.80Cr
Sattva Engineering Construction Ltd (NSE SME) – Issue size 35.38Cr
Listing today
Shreeji shipping Global Ltd (Main board) – Subscribed 58.08x
Gem Aromatics Ltd (Main board) – Subscribed 30.45x
LGT Business Connextions Ltd (BSE SME) – Subscribed 1.25x
Vikram Solar Ltd (Main board) – Subscribed 56.42x
Patel Retail Ltd (Main board) – Subscribed 95.69x
*Commodities updates*
Gold – Rs 100601/10gm, Silver – Rs 115862/kg, Brcrude – Rs 5426/barrel, Copper – Rs 883/kg.
*Corporate News*
L&T looks to build on defence and data centre foundation in India.
Paytm winds up RMG business, to invest in Paytm Money and Paytm Services.
BoM plans ₹2,000 crore equity issue; govt stake to fall below 75%.
Mai board Ipo🚀🚀🚀🚀🚀
Vikran Engineering is a fast-growing EPC company with operations in power transmission, water supply, and railway infrastructure, successfully delivering high-value projects across 22 Indian states.
The company’s focus on operational excellence, innovative turnkey solutions, and expansion across value-added EPC segments underpins robust future growth potential.
The company’s revenue has grown at a 33% CAGR (FY21–FY24), reaching approximately ₹786 crore in FY24; it boasts industry-leading margins (EBITDA 17%, PAT 9.5%) and robust return ratios (ROE 35%, ROCE 46%).
Renowned investors such as Ashish Kacholia, Mukul Agrawal, Negen Undiscovered Value Fund, and India Inflection Opportunity Fund collectively invested around ₹85 crore in Vikran’s pre-IPO round, reflecting strong institutional trust and market confidence in the company’s prospects.
The IPO opens on August 26, 2025, and closes on August 29, 2025; it is a ₹772 crore bookbuilding issue with a price band of ₹92–₹97 per share, listing on BSE and NSE, and comprises both fresh shares and an offer for sale.
Vikran Engineering is a fast-growing EPC company with operations in power transmission, water supply, and railway infrastructure, successfully delivering high-value projects across 22 Indian states.
The company’s focus on operational excellence, innovative turnkey solutions, and expansion across value-added EPC segments underpins robust future growth potential.
The company’s revenue has grown at a 33% CAGR (FY21–FY24), reaching approximately ₹786 crore in FY24; it boasts industry-leading margins (EBITDA 17%, PAT 9.5%) and robust return ratios (ROE 35%, ROCE 46%).
Renowned investors such as Ashish Kacholia, Mukul Agrawal, Negen Undiscovered Value Fund, and India Inflection Opportunity Fund collectively invested around ₹85 crore in Vikran’s pre-IPO round, reflecting strong institutional trust and market confidence in the company’s prospects.
The IPO opens on August 26, 2025, and closes on August 29, 2025; it is a ₹772 crore bookbuilding issue with a price band of ₹92–₹97 per share, listing on BSE and NSE, and comprises both fresh shares and an offer for sale.