Morning Alert..
*US may cut tariff to 10-15%, penal duty likely to go: CEA Nageswaran*
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday expressed confidence that India-US tariff discussions would conclude within the next couple of months, with a resolution to both the reciprocal tariff as well as penalty for India’s purchase of Russian oil. He also said the reciprocal tariff could come down to the earlier-anticipated range of 10-15 per cent. The CEA was speaking at two separate events in Kolkata, organised by business chambers. “Considering recent developments in the last couple of weeks, I do believe — I have no particular basis to say so and this is my intuition — that the penal tariff will not be there beyond November 30. Given the recent developments, I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also,” Nageswaran said at an event organised by the Merchants’ Chamber of Commerce and Industry. On Tuesday, the chief negotiators of India and the US decided to intensify efforts to reach an early conclusion of a “mutually beneficial” trade deal, setting aside recent strains in their bilateral ties. A phone call from US President Donald Trump to convey birthday greetings to Prime Minister Narendra Modi also indicated a move towards normalisation of relations.
*Global market action*
Dow Jones – Up by 0.29% or 133.80 points
FTSE – Up by 0.21% or 19.74 points
CAC – Down by 0.86% or 67.63 points
DAX – Up by 1.33% or 315.35 points
Gift Nifty – Down by 0.21% or 53.50 points
*FII/DII activities*
FII – Bought 366.69Cr worth of shares
DII – Bought 3326.56Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.2x
*Stocks with high delivery percentage*
Dr. Lal Path Labs Ltd – 86.7%
Bharti Hexacom Ltd – 85%
Eris Lifesciences Ltd – 82%
Alkem Labs Ltd – 80.9%
Varroc Engineering Ltd – 80.6%
*Primary market activities*
IPOs opening today
GK Energy Ltd (Main board) – Issue size 464.26Cr
Saatvik Green Energy Ltd (Main board) - Issue size 900Cr
Siddhi Cotspin Ltd (NSE SME) - Issue size 69.85Cr
*Commodities updates*
Gold – Rs 109030/10gm, Silver – Rs 127136/kg, Brcrude – Rs 5596/barrel, Copper – Rs 903.25/kg.
*US may cut tariff to 10-15%, penal duty likely to go: CEA Nageswaran*
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday expressed confidence that India-US tariff discussions would conclude within the next couple of months, with a resolution to both the reciprocal tariff as well as penalty for India’s purchase of Russian oil. He also said the reciprocal tariff could come down to the earlier-anticipated range of 10-15 per cent. The CEA was speaking at two separate events in Kolkata, organised by business chambers. “Considering recent developments in the last couple of weeks, I do believe — I have no particular basis to say so and this is my intuition — that the penal tariff will not be there beyond November 30. Given the recent developments, I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also,” Nageswaran said at an event organised by the Merchants’ Chamber of Commerce and Industry. On Tuesday, the chief negotiators of India and the US decided to intensify efforts to reach an early conclusion of a “mutually beneficial” trade deal, setting aside recent strains in their bilateral ties. A phone call from US President Donald Trump to convey birthday greetings to Prime Minister Narendra Modi also indicated a move towards normalisation of relations.
*Global market action*
Dow Jones – Up by 0.29% or 133.80 points
FTSE – Up by 0.21% or 19.74 points
CAC – Down by 0.86% or 67.63 points
DAX – Up by 1.33% or 315.35 points
Gift Nifty – Down by 0.21% or 53.50 points
*FII/DII activities*
FII – Bought 366.69Cr worth of shares
DII – Bought 3326.56Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.2x
*Stocks with high delivery percentage*
Dr. Lal Path Labs Ltd – 86.7%
Bharti Hexacom Ltd – 85%
Eris Lifesciences Ltd – 82%
Alkem Labs Ltd – 80.9%
Varroc Engineering Ltd – 80.6%
*Primary market activities*
IPOs opening today
GK Energy Ltd (Main board) – Issue size 464.26Cr
Saatvik Green Energy Ltd (Main board) - Issue size 900Cr
Siddhi Cotspin Ltd (NSE SME) - Issue size 69.85Cr
*Commodities updates*
Gold – Rs 109030/10gm, Silver – Rs 127136/kg, Brcrude – Rs 5596/barrel, Copper – Rs 903.25/kg.
Special Situation Stock ( High Conviction)
SME MULTIBAGGER 🚀
Patel Chem Cmp 115 / 117
Test Resistance 150 / 170 / 210 Sl 80
Coming days View Strong Potential View
Sharp Move Towards 150 Expected
SME MULTIBAGGER 🚀
Patel Chem Cmp 115 / 117
Test Resistance 150 / 170 / 210 Sl 80
Coming days View Strong Potential View
Sharp Move Towards 150 Expected
Fundamental Multibagger
Can Be Doubler🚀🚀🚀
Patel Chem Specialities Ltd is a Gujarat-based specialty chemical manufacturer, established in 2008, focused on high-quality cellulose-based pharmaceutical excipients and specialty chemicals for pharma, food, and cosmetics.
Key investment thesis
Patel Chem’s portfolio includes Carboxymethyl Cellulose Sodium, Microcrystalline Cellulose, Croscarmellose Sodium, Sodium Starch Glycolate, Calcium Carboxymethyl Cellulose, and Sodium Monochloro Acetate. These products act as binders, disintegrants, thickeners, and stabilizers in pharmaceuticals, nutraceuticals, food & beverages, and cosmetics.
Patel Chem exports to major markets including the USA, Germany, Japan, and Australia, demonstrating its international recognition in specialty excipients and strong export capabilities.
The company is executing an estimated ₹43.15 crore capex to set up a new facility at Indrad, Mehsana, Gujarat, with allocations of ₹20 crore in FY26 and ₹23.15 crore in FY27.
With current annual production capacity of over 7,200 MT, it consistently operates near full utilization, justifying ongoing expansion.
The company’s strong export track record, vertical integration, and regulated market presence reinforce its position as a reliable, value-added partner for global customers.
Can Be Doubler🚀🚀🚀
Patel Chem Specialities Ltd is a Gujarat-based specialty chemical manufacturer, established in 2008, focused on high-quality cellulose-based pharmaceutical excipients and specialty chemicals for pharma, food, and cosmetics.
Key investment thesis
Patel Chem’s portfolio includes Carboxymethyl Cellulose Sodium, Microcrystalline Cellulose, Croscarmellose Sodium, Sodium Starch Glycolate, Calcium Carboxymethyl Cellulose, and Sodium Monochloro Acetate. These products act as binders, disintegrants, thickeners, and stabilizers in pharmaceuticals, nutraceuticals, food & beverages, and cosmetics.
Patel Chem exports to major markets including the USA, Germany, Japan, and Australia, demonstrating its international recognition in specialty excipients and strong export capabilities.
The company is executing an estimated ₹43.15 crore capex to set up a new facility at Indrad, Mehsana, Gujarat, with allocations of ₹20 crore in FY26 and ₹23.15 crore in FY27.
With current annual production capacity of over 7,200 MT, it consistently operates near full utilization, justifying ongoing expansion.
The company’s strong export track record, vertical integration, and regulated market presence reinforce its position as a reliable, value-added partner for global customers.
Morning Alert..
*Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit*
The past 48 hours have tested the nerves of India’s $282 billion information technology (IT) services industry, after Washington stunned the market with a $100,000 one-time fee on new H-1B visa applications. While a closer look at US immigration data suggests that the number of H-1B applications filed has already fallen by nearly 80 per cent over the past decade, underscoring how the visa’s importance to Indian IT has been steadily waning long before the latest shock, industry experts and analysts point out that this will still impact the sector, especially at a time when growth has been slow due to global uncertainty. The immediate consequences could hit onsite revenues, put pressure on margins, and delay deal closures. “We had assumed 5 per cent growth in net IT services exports for FY26E, with a 7 per cent CAGR (compound annual growth rate) for the next five years. This could reduce to sub-4 per cent depending on sustained H-1B visa-led risks and GCC evolution ($65 billion+ gross exports currently via GCCs) and IT companies’ adoption of new growth models,” said a note from Emkay. According to Xpheno - a specialist hiring firm — between 2015 and year-to-date (YTD) 2025, total H-1B applications amounted to 414,000, with 382,000 approvals and 32,000 rejections. This data covers a cohort of 18 IT services firms: Six Indian listed Tier-1 majors, 10 midcap Indian players, and two US-headquartered companies with significant India operations.
*Global market action*
Dow Jones – Down by 0.15% or 67.66 points
FTSE – Down by 0.12% or 11.44 points
CAC – Down by 0.01% or 1.02 points
DAX – Down by 0.15% or 35.12 points
Gift Nifty – Down by 0.47% or 119.00 points
*FII/DII activities*
FII – Bought 390.74Cr worth of shares
DII – Bought 2105.22Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Titan Co Ltd – 82.4%
CE Info System Ltd – 81.7%
Ultratech Cement Ltd – 81.6%
Marico Ltd – 81.4%
United Spirits Ltd – 81.1%
*Primary market activities*
IPOs opening today
Atlanta Electricals Ltd (Main board) – Issue size 687.34Cr
Hanesh Consumer Products Ltd (Main board) - Issue size 408.80Cr
Solvex Edibles Ltd (BSE SME) - Issue size 18.87Cr
Prime Cable Industries Ltd (NSE SME) – Issue size 40.01Cr
Listing today
TechD Cybersecurity Ltd (NSE SME) – Subscribed 718.30x
*Commodities updates*
Gold – Rs 109900/10gm, Silver – Rs 130096/kg, Brcrude – Rs 5529/barre, Copper – Rs 907.10/kg.
*Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit*
The past 48 hours have tested the nerves of India’s $282 billion information technology (IT) services industry, after Washington stunned the market with a $100,000 one-time fee on new H-1B visa applications. While a closer look at US immigration data suggests that the number of H-1B applications filed has already fallen by nearly 80 per cent over the past decade, underscoring how the visa’s importance to Indian IT has been steadily waning long before the latest shock, industry experts and analysts point out that this will still impact the sector, especially at a time when growth has been slow due to global uncertainty. The immediate consequences could hit onsite revenues, put pressure on margins, and delay deal closures. “We had assumed 5 per cent growth in net IT services exports for FY26E, with a 7 per cent CAGR (compound annual growth rate) for the next five years. This could reduce to sub-4 per cent depending on sustained H-1B visa-led risks and GCC evolution ($65 billion+ gross exports currently via GCCs) and IT companies’ adoption of new growth models,” said a note from Emkay. According to Xpheno - a specialist hiring firm — between 2015 and year-to-date (YTD) 2025, total H-1B applications amounted to 414,000, with 382,000 approvals and 32,000 rejections. This data covers a cohort of 18 IT services firms: Six Indian listed Tier-1 majors, 10 midcap Indian players, and two US-headquartered companies with significant India operations.
*Global market action*
Dow Jones – Down by 0.15% or 67.66 points
FTSE – Down by 0.12% or 11.44 points
CAC – Down by 0.01% or 1.02 points
DAX – Down by 0.15% or 35.12 points
Gift Nifty – Down by 0.47% or 119.00 points
*FII/DII activities*
FII – Bought 390.74Cr worth of shares
DII – Bought 2105.22Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Titan Co Ltd – 82.4%
CE Info System Ltd – 81.7%
Ultratech Cement Ltd – 81.6%
Marico Ltd – 81.4%
United Spirits Ltd – 81.1%
*Primary market activities*
IPOs opening today
Atlanta Electricals Ltd (Main board) – Issue size 687.34Cr
Hanesh Consumer Products Ltd (Main board) - Issue size 408.80Cr
Solvex Edibles Ltd (BSE SME) - Issue size 18.87Cr
Prime Cable Industries Ltd (NSE SME) – Issue size 40.01Cr
Listing today
TechD Cybersecurity Ltd (NSE SME) – Subscribed 718.30x
*Commodities updates*
Gold – Rs 109900/10gm, Silver – Rs 130096/kg, Brcrude – Rs 5529/barre, Copper – Rs 907.10/kg.
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
Ready To Break 236🚀🚀🚀🚀
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
Cheapest in retail stock 🚀🚀🚀 Ready To Break 250
Morning Alert..
*IT stocks lose ₹85,500 crore in market capitalisation on H-1B fee hike*
Indian IT stocks saw their sharpest decline in nearly six months after the US government announced a steep new fee on H-1B visa applications. The Nifty IT index closed at 25,550, down 2.95 per cent — its steepest fall since April 3. Nine of its 10 constituents ended lower, wiping out a combined ₹85,496 crore in market capitalisation. The biggest losers in the index included Mphasis, which declined 4.7 per cent, LTIMindtree (4.5 per cent), and Coforge (4.5 per cent). Infosys, which slipped 2.6 per cent, and TCS (3 per cent) were the biggest drags on the Sensex. Together with other IT stocks, they contributed to more than half of the index’s decline. The US administration’s proposal imposes a one-time fee of $100,000 on new H-1B applications filed after September 21. Existing H-1B holders and renewals are exempt. Indians accounted for 71 per cent of approved H-1B beneficiaries last year. India’s IT industry, which draws over half of its revenue from the US, has long relied on the programme to expand overseas. However, approvals for fresh H-1B visas for Indian IT firms have already been falling amid rising localisation and near-shoring trends.
*Global market action*
Dow Jones – Up by 0.12% or 55.35 points
FTSE – Up by 0.11% or 10.01 points
CAC – Down by 0.30% or 23.48 points
DAX – Down by 0.48% or 112.36 points
Gift Nifty – Down by 0.09% or 26.00 points
*FII/DII activities*
FII – Sold 2910.09Cr worth of shares
DII – Bought 2582.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.1x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Alkem Laboratories Ltd – 88.5%
Godrej Industries Ltd – 80.8%
Ajanta Pharma Ltd – 79.9%
Cera Sanitaryware Ltd – 79.7%
Metropolis Healthcare Ltd – 78.9%
*Primary market activities*
IPOs opening today
Anand Rathi Share & Securities Ltd (Main board) – Issue size 745Cr
Seshaasai Technologies Ltd (Main board) - Issue size 813.07Cr
Jaro Institute of Technology Management & Research Ltd (Main board) - Issue size 450Cr
Ecoline Exim Ltd (NSE SME) - Issue size 76.42Cr
Solarworld Energy Solutions Ltd (Main board) - Issue size 490Cr
NSB BPO Solutions Ltd (BSE SME) - Issue size 77.91Cr
Matrix Geo Solutions Ltd (NSE SME) - Issue size 40.20Cr
True Colors Ltd (BSE SME) - Issue size 127.96Cr
Aptus Pharma Ltd (BSE SME) – Issue size 13.02Cr
BharatRohan Airborne Innovations Ltd (BSE SME) - Issue size 45.04Cr
*Commodities updates*
Gold – Rs 112210/10gm, Silver – Rs 133601/kg, Bcrude – Rs 5521/barrel, Copper – Rs 909.10/kg.
*IT stocks lose ₹85,500 crore in market capitalisation on H-1B fee hike*
Indian IT stocks saw their sharpest decline in nearly six months after the US government announced a steep new fee on H-1B visa applications. The Nifty IT index closed at 25,550, down 2.95 per cent — its steepest fall since April 3. Nine of its 10 constituents ended lower, wiping out a combined ₹85,496 crore in market capitalisation. The biggest losers in the index included Mphasis, which declined 4.7 per cent, LTIMindtree (4.5 per cent), and Coforge (4.5 per cent). Infosys, which slipped 2.6 per cent, and TCS (3 per cent) were the biggest drags on the Sensex. Together with other IT stocks, they contributed to more than half of the index’s decline. The US administration’s proposal imposes a one-time fee of $100,000 on new H-1B applications filed after September 21. Existing H-1B holders and renewals are exempt. Indians accounted for 71 per cent of approved H-1B beneficiaries last year. India’s IT industry, which draws over half of its revenue from the US, has long relied on the programme to expand overseas. However, approvals for fresh H-1B visas for Indian IT firms have already been falling amid rising localisation and near-shoring trends.
*Global market action*
Dow Jones – Up by 0.12% or 55.35 points
FTSE – Up by 0.11% or 10.01 points
CAC – Down by 0.30% or 23.48 points
DAX – Down by 0.48% or 112.36 points
Gift Nifty – Down by 0.09% or 26.00 points
*FII/DII activities*
FII – Sold 2910.09Cr worth of shares
DII – Bought 2582.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.1x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Alkem Laboratories Ltd – 88.5%
Godrej Industries Ltd – 80.8%
Ajanta Pharma Ltd – 79.9%
Cera Sanitaryware Ltd – 79.7%
Metropolis Healthcare Ltd – 78.9%
*Primary market activities*
IPOs opening today
Anand Rathi Share & Securities Ltd (Main board) – Issue size 745Cr
Seshaasai Technologies Ltd (Main board) - Issue size 813.07Cr
Jaro Institute of Technology Management & Research Ltd (Main board) - Issue size 450Cr
Ecoline Exim Ltd (NSE SME) - Issue size 76.42Cr
Solarworld Energy Solutions Ltd (Main board) - Issue size 490Cr
NSB BPO Solutions Ltd (BSE SME) - Issue size 77.91Cr
Matrix Geo Solutions Ltd (NSE SME) - Issue size 40.20Cr
True Colors Ltd (BSE SME) - Issue size 127.96Cr
Aptus Pharma Ltd (BSE SME) – Issue size 13.02Cr
BharatRohan Airborne Innovations Ltd (BSE SME) - Issue size 45.04Cr
*Commodities updates*
Gold – Rs 112210/10gm, Silver – Rs 133601/kg, Bcrude – Rs 5521/barrel, Copper – Rs 909.10/kg.
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
🚀🚀 Patel Retail 🚀🚀
Stock which was discussed yesterday as intraday, showed amazing performance yesterday & today it has again jumped uphigh , making fresh high at 247.45.
🏌♂🏌♂🏌♂🏌♂🚀🚀🚀🚀
Stock which was discussed yesterday as intraday, showed amazing performance yesterday & today it has again jumped uphigh , making fresh high at 247.45.
🏌♂🏌♂🏌♂🏌♂🚀🚀🚀🚀
Special Situation Stock ( High Conviction) SME HERO
Now in 20 % Circuit Filter 🚀🚀🚀
Agarwal tough ( Agarwaltuf) CMP 158 / 160
Test Resistance 185/ 190 in next 10 days View Sl 145 Expected Upper circuit
Now in 20 % Circuit Filter 🚀🚀🚀
Agarwal tough ( Agarwaltuf) CMP 158 / 160
Test Resistance 185/ 190 in next 10 days View Sl 145 Expected Upper circuit
Equity99
Intraday Again Patel Retail CMP 248 Test Resistance 255 / 265 sl 235
Ready To Break 260🚀🚀
Short Term View
Univastu India CMP 246 / 250
Available @ lower Valuation In net Zero Construction
Test Resistance 280 / 300 Sl 225
Coming days View Strong Potential View
Univastu India CMP 246 / 250
Available @ lower Valuation In net Zero Construction
Test Resistance 280 / 300 Sl 225
Coming days View Strong Potential View
50 per cent returns from 52-week low; Board announces...
https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
Dalal Street Investment Journal
50 per cent returns from 52-week low; Board announces bonus share in ratio of 2:1
The Board of Directors of Univastu India Ltd has approved an increase in the company's authorised share capital from Rs 20 crore to Rs 50 crore, raising the total number of equity shares from 2...
Equity99
50 per cent returns from 52-week low; Board announces... https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
Univastu India has built a strong order book with significant recent contract wins. It secured a major ₹244.31 crore work order from the Divisional Sports Complex Committee, Jalgaon, reinforcing its leadership in sports infrastructure. The company’s joint venture, Univastu Bootes Infra LLP, bagged a ₹28.08 crore "Net Zero Project" contract from the Varanasi Development Authority, showcasing its focus on sustainable infrastructure. Additionally, Univastu won a ₹3.17 crore order for civil construction works, demonstrating consistent project inflow. The company also holds contracts for metro station construction, hospitals, and water supply projects from reputed clients including CIDCO and the Sports Authority of Goa. Backed by certifications like ISO 9001, 18001, and 14001, Univastu continues to strengthen its position with a diversified and robust project portfolio across government and private sectors.
Can Be Super Multibagger
Can Be Super Multibagger