Morning Alert..
*Gold, silver outshine equities in H1, rupee loses amid global woes*
Gold and silver delivered standout returns in the first half of FY26 (H1FY26), outshining domestic equities, as global uncertainty drove investors towards safe havens. While gold jumped 29.4 per cent — its best first-half return in three decades — silver soared 41.2 per cent, the strongest since its 53 per cent during the lockdown year (FY21). Domestic equities, on the other hand, recorded modest gains in H1FY26, weighed down by persistent selling from overseas investors that also pressured the rupee. The Sensex and Nifty advanced 4.6 per cent and 3.7 per cent, respectively — their weakest first-half performance since H1FY23, when both indices had slipped around 2 per cent. The broader market fared better, with the Nifty Midcap 100 and Nifty Smallcap 100 rising about 9 per cent each. On Tuesday, benchmark indices closed lower for the eighth straight session due to relentless foreign fund outflows and caution ahead of the Reserve Bank of India’s interest rate decision. The rupee also came under pressure in H1FY26, hitting fresh lows against the dollar. It has depreciated 3.7 per cent — after starting at a good note in April — so far this financial year, dragged down by a stronger greenback, rising crude oil prices, and foreign outflows.
*Global market action*
Dow Jones – Down by 0.30% or 138.61 points
FTSE – Up by 0.54% or 50.59 points
CAC – Up by 0.19% or 15.07 points
DAX – Up by 0.57% or 135.66 points
Gift Nifty – Down by 0.04% or 9.00 points
*FII/DII activities*
FII – Sold 2327.09Cr worth of shares
DII – Bought 5761.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 21.8x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Hatson Agro Product Ltd – 95.6%
AIA engineering Ltd – 90.1%
United Breweries Ltd – 88.9%
Eri Lifesciences Ltd – 88.5%
Alembic Pharma Ltd – 86.7%
*Primary market activities*
Listing today
Epack Prefab Technologies Ltd (Main board) – Subscribed 3.14x
BMW Ventures Ltd (Main board) – Subscribed 1.50x
Praruh Technologies Ltd (BSE SME) – Subscribed 1.21x
Gurunanak Agriculture India Ltd (NSE SME) – Subscribed 1.72x
Jain Resources Recycling Ltd (Main board) – Subscribed 16.76x
Justo Realfintech Ltd (BSE SME) – Subscribed 4.57x
Systematic Industries Ltd (BSE SME) – Subscribed 6.20x
*Commodities updates*
Gold – Rs 116410/10gm, Silver – Rs 142124/kg, Brcrude – Rs 5560/barrel, Copper – Rs 948.50/kg.
*Gold, silver outshine equities in H1, rupee loses amid global woes*
Gold and silver delivered standout returns in the first half of FY26 (H1FY26), outshining domestic equities, as global uncertainty drove investors towards safe havens. While gold jumped 29.4 per cent — its best first-half return in three decades — silver soared 41.2 per cent, the strongest since its 53 per cent during the lockdown year (FY21). Domestic equities, on the other hand, recorded modest gains in H1FY26, weighed down by persistent selling from overseas investors that also pressured the rupee. The Sensex and Nifty advanced 4.6 per cent and 3.7 per cent, respectively — their weakest first-half performance since H1FY23, when both indices had slipped around 2 per cent. The broader market fared better, with the Nifty Midcap 100 and Nifty Smallcap 100 rising about 9 per cent each. On Tuesday, benchmark indices closed lower for the eighth straight session due to relentless foreign fund outflows and caution ahead of the Reserve Bank of India’s interest rate decision. The rupee also came under pressure in H1FY26, hitting fresh lows against the dollar. It has depreciated 3.7 per cent — after starting at a good note in April — so far this financial year, dragged down by a stronger greenback, rising crude oil prices, and foreign outflows.
*Global market action*
Dow Jones – Down by 0.30% or 138.61 points
FTSE – Up by 0.54% or 50.59 points
CAC – Up by 0.19% or 15.07 points
DAX – Up by 0.57% or 135.66 points
Gift Nifty – Down by 0.04% or 9.00 points
*FII/DII activities*
FII – Sold 2327.09Cr worth of shares
DII – Bought 5761.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 21.8x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Hatson Agro Product Ltd – 95.6%
AIA engineering Ltd – 90.1%
United Breweries Ltd – 88.9%
Eri Lifesciences Ltd – 88.5%
Alembic Pharma Ltd – 86.7%
*Primary market activities*
Listing today
Epack Prefab Technologies Ltd (Main board) – Subscribed 3.14x
BMW Ventures Ltd (Main board) – Subscribed 1.50x
Praruh Technologies Ltd (BSE SME) – Subscribed 1.21x
Gurunanak Agriculture India Ltd (NSE SME) – Subscribed 1.72x
Jain Resources Recycling Ltd (Main board) – Subscribed 16.76x
Justo Realfintech Ltd (BSE SME) – Subscribed 4.57x
Systematic Industries Ltd (BSE SME) – Subscribed 6.20x
*Commodities updates*
Gold – Rs 116410/10gm, Silver – Rs 142124/kg, Brcrude – Rs 5560/barrel, Copper – Rs 948.50/kg.
Morning Alert..
*India ramps up US oil purchases amid trade talks, diversification push*
Crude oil shipments loaded in the US for India delivery have jumped significantly in the past two months, August and September 2025, signalling New Delhi’s approach of boosting energy trade with Washington amid ongoing bilateral trade talks. Crude oil loading refers to volumes of oil loaded at a producing country’s port for respective destinations. Oil shipments loaded in the US typically take around two months for delivery in India. Loadings of crude oil headed for India stood at an average 398 thousand barrels per day (kbpd) in August and 341 kbpd in September, according to data sourced from maritime intelligence firm Kpler. This is a huge jump from 254 kbpd loadings witnessed in June and 166 kbpd in July. The US has levied an additional 25 per cent tariff on India, taking the total tariff to 50 per cent, for purchasing Russian oil, arguing India is indirectly funding the Ukraine war. India has maintained that it would prioritise national interests and economic security. Commerce and Industry Minister Piyush Goyal had last week hinted that India could buy more crude oil from the US. Speaking at the US-India strategic partnership forum, Goyal had said India’s energy security goals will have a “very high element” of US involvement.
*Global market action*
Dow Jones – Up by 0.12% or 55.58 points
FTSE – Down by 0.20% or 18.70 points
CAC – Up by 1.11% or 89.68 points
DAX – Up by 1.26% or 308.94 points
Gift Nifty – Down by 0.05% or 13.50 points
*FII/DII activities*
FII – Sold 1605.20Cr worth of shares
DII – Bought 2916.14Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15.3x
*Stocks with high delivery percentage*
Whirlpool of India Ltd – 85.1%
Vinati Organics Ltd – 83.4%
Linde India Ltd – 83.1%
Saregama India Ltd – 83%
The Great Eastern Shipping Co. Ltd – 82.7%
*Primary market activities*
IPO opening today
WeWork India Management Ltd (Main board) – Issue size 3000Cr
Listing today
Chatterbox Technologies Ltd (BSE SME) – Subscribed 52x
Trualt Bioenergy Ltd (Main board) – Subscribed 75.02x
Gujarat Penuts & Agri Products Ltd (BSE SME) – Subscribed 7.95x
Jinkushal Industries Ltd (Main board) – Subscribed 65.09x
Earkart Ltd (BSE SME) – Subscribed 1.28x
Telge Projects Ltd (BSE SME) – Subscribed 2.99x
*Commodities updates*
Gold – Rs 116718/10gm, Silver – Rs 144566/kg, Brcrude – Rs 5496/barrel, Copper – Rs 957.50/kg.
*India ramps up US oil purchases amid trade talks, diversification push*
Crude oil shipments loaded in the US for India delivery have jumped significantly in the past two months, August and September 2025, signalling New Delhi’s approach of boosting energy trade with Washington amid ongoing bilateral trade talks. Crude oil loading refers to volumes of oil loaded at a producing country’s port for respective destinations. Oil shipments loaded in the US typically take around two months for delivery in India. Loadings of crude oil headed for India stood at an average 398 thousand barrels per day (kbpd) in August and 341 kbpd in September, according to data sourced from maritime intelligence firm Kpler. This is a huge jump from 254 kbpd loadings witnessed in June and 166 kbpd in July. The US has levied an additional 25 per cent tariff on India, taking the total tariff to 50 per cent, for purchasing Russian oil, arguing India is indirectly funding the Ukraine war. India has maintained that it would prioritise national interests and economic security. Commerce and Industry Minister Piyush Goyal had last week hinted that India could buy more crude oil from the US. Speaking at the US-India strategic partnership forum, Goyal had said India’s energy security goals will have a “very high element” of US involvement.
*Global market action*
Dow Jones – Up by 0.12% or 55.58 points
FTSE – Down by 0.20% or 18.70 points
CAC – Up by 1.11% or 89.68 points
DAX – Up by 1.26% or 308.94 points
Gift Nifty – Down by 0.05% or 13.50 points
*FII/DII activities*
FII – Sold 1605.20Cr worth of shares
DII – Bought 2916.14Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15.3x
*Stocks with high delivery percentage*
Whirlpool of India Ltd – 85.1%
Vinati Organics Ltd – 83.4%
Linde India Ltd – 83.1%
Saregama India Ltd – 83%
The Great Eastern Shipping Co. Ltd – 82.7%
*Primary market activities*
IPO opening today
WeWork India Management Ltd (Main board) – Issue size 3000Cr
Listing today
Chatterbox Technologies Ltd (BSE SME) – Subscribed 52x
Trualt Bioenergy Ltd (Main board) – Subscribed 75.02x
Gujarat Penuts & Agri Products Ltd (BSE SME) – Subscribed 7.95x
Jinkushal Industries Ltd (Main board) – Subscribed 65.09x
Earkart Ltd (BSE SME) – Subscribed 1.28x
Telge Projects Ltd (BSE SME) – Subscribed 2.99x
*Commodities updates*
Gold – Rs 116718/10gm, Silver – Rs 144566/kg, Brcrude – Rs 5496/barrel, Copper – Rs 957.50/kg.
Equity99
Special Psu Stock KIOCL CMP 336 / 340 Test Resistance 400 / 450 / 530 Sl 280 Coming days View Strong Potential/ short Term View
🚀🚀 KIOCL 🚀🚀
This Special PSU candidate was discussed on 30th July when this stock was trading near 326 levels. With strong performance today stock has reached to higher levels at 528 + levels & has shown tremendous performance overall in last 2 months since we have discusssd. 🏌♂🏌♂
Achieving almost 60% returns in just 60 days time.
#StockSuccess #Powerofresearch #Equity99 #success@equity99
This Special PSU candidate was discussed on 30th July when this stock was trading near 326 levels. With strong performance today stock has reached to higher levels at 528 + levels & has shown tremendous performance overall in last 2 months since we have discusssd. 🏌♂🏌♂
Achieving almost 60% returns in just 60 days time.
#StockSuccess #Powerofresearch #Equity99 #success@equity99
Morning Alert..
*Equity investors shift focus from export sectors amid US trade hurdles*
The equity markets are turning away from export-driven sectors as American President Donald Trump’s policies have made exports to the US difficult for Indian companies. The combined weighting of Information Technology (IT) services and pharmaceuticals — India’s two largest export-oriented sectors — in the Nifty 50 index has fallen to just 12.3 per cent, the lowest in 25 years. By contrast, in March 2022, these sectors accounted for 22 per cent of the index. Meanwhile, domestic demand-driven sectors — including retail, food delivery services, telecom, aviation, and hospitals — have seen a sharp rise in their weightings. These non-trade sectors now have a combined weighting of 12.9 per cent in the index, up from 4.8 per cent in March 2022 and just 2.4 per cent in March 2015. Earlier, this segment also included media firms such as Zee Entertainment and real estate developers, including DLF and Unitech. Today, domestic demand-driven sectors are the second-heaviest segment in the index after banking, financial services and insurance (BFSI), which retains a weighting of 35.3 per cent, down marginally from 35.6 per cent at the end of March this year. BFSI’s dominance has broadly been maintained, rising from an eight-year low of 30.6 per cent in March 2024. The automobile sector has also seen a rise in its index weighting amid expectations of a demand revival after the recent reduction in goods and services tax.
*Global market action*
Dow Jones – Up by 0.22% or 105.07 points
FTSE – Up by 0.67% or 63.52 points
CAC – Up by 0.31% or 24.91 points
DAX – Up by 1.09% or 265.18 points
Gift Nifty – Down by 0.07% or 17.50 points
*FII/DII activities*
FII – Sold 1583.37Cr worth of shares
DII – Bought 489.76Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15.4x
*Stocks with high delivery percentage*
Vinati Organics Ltd – 89.8%
Birla Corp Ltd – 83.8%
Bikaji Food International Ltd – 83.7%
Aptus Value Housing Finance India Ltd – 83.7%
Sapphire Foods India Ltd – 82.5%
*Primary market activities*
IPO opening today
Tata Capital Ltd (main board) – Issue size 15511.87Cr
Listing today
KVS Castings Ltd (BSE SME) – Subscribed 4.09x
Rukmani Devi Garg Agro Impex Ltd (BSE SME) – Subscribed 29.59x
MPK Steels I Ltd (BSE SME) – Subscribed 1.54x
Ameenji Rubber Ltd (BSE SME) – Subscribed 2.21x
Pace Digitek Ltd (Main board) – Subscribed 1.68x
Manas Polymers & Energies Ltd (NSE SME) – Subscribed 1.24x
Bhavik Enterprises Ltd (BSE SME) – Subscribed 1.07x
*Commodities updates*
Gold – Rs 118110/10gm, Silver – Rs 145574/kg, Brcrude – Rs 5435/barrel, Copper – Rs 990/kg.
*Equity investors shift focus from export sectors amid US trade hurdles*
The equity markets are turning away from export-driven sectors as American President Donald Trump’s policies have made exports to the US difficult for Indian companies. The combined weighting of Information Technology (IT) services and pharmaceuticals — India’s two largest export-oriented sectors — in the Nifty 50 index has fallen to just 12.3 per cent, the lowest in 25 years. By contrast, in March 2022, these sectors accounted for 22 per cent of the index. Meanwhile, domestic demand-driven sectors — including retail, food delivery services, telecom, aviation, and hospitals — have seen a sharp rise in their weightings. These non-trade sectors now have a combined weighting of 12.9 per cent in the index, up from 4.8 per cent in March 2022 and just 2.4 per cent in March 2015. Earlier, this segment also included media firms such as Zee Entertainment and real estate developers, including DLF and Unitech. Today, domestic demand-driven sectors are the second-heaviest segment in the index after banking, financial services and insurance (BFSI), which retains a weighting of 35.3 per cent, down marginally from 35.6 per cent at the end of March this year. BFSI’s dominance has broadly been maintained, rising from an eight-year low of 30.6 per cent in March 2024. The automobile sector has also seen a rise in its index weighting amid expectations of a demand revival after the recent reduction in goods and services tax.
*Global market action*
Dow Jones – Up by 0.22% or 105.07 points
FTSE – Up by 0.67% or 63.52 points
CAC – Up by 0.31% or 24.91 points
DAX – Up by 1.09% or 265.18 points
Gift Nifty – Down by 0.07% or 17.50 points
*FII/DII activities*
FII – Sold 1583.37Cr worth of shares
DII – Bought 489.76Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15.4x
*Stocks with high delivery percentage*
Vinati Organics Ltd – 89.8%
Birla Corp Ltd – 83.8%
Bikaji Food International Ltd – 83.7%
Aptus Value Housing Finance India Ltd – 83.7%
Sapphire Foods India Ltd – 82.5%
*Primary market activities*
IPO opening today
Tata Capital Ltd (main board) – Issue size 15511.87Cr
Listing today
KVS Castings Ltd (BSE SME) – Subscribed 4.09x
Rukmani Devi Garg Agro Impex Ltd (BSE SME) – Subscribed 29.59x
MPK Steels I Ltd (BSE SME) – Subscribed 1.54x
Ameenji Rubber Ltd (BSE SME) – Subscribed 2.21x
Pace Digitek Ltd (Main board) – Subscribed 1.68x
Manas Polymers & Energies Ltd (NSE SME) – Subscribed 1.24x
Bhavik Enterprises Ltd (BSE SME) – Subscribed 1.07x
*Commodities updates*
Gold – Rs 118110/10gm, Silver – Rs 145574/kg, Brcrude – Rs 5435/barrel, Copper – Rs 990/kg.
Special Situation Stock ( Very High Conviction )
Newly Listed
Devx CMP 52 / 54
Test Resistance 70 / 80 Sl 45
Coming Days View Strong Potential View
Newly Listed
Devx CMP 52 / 54
Test Resistance 70 / 80 Sl 45
Coming Days View Strong Potential View
Money Multiplier.
Dev Accelerator Ltd (DevX) is one of India's largest flexible workspace providers, with a strong presence in Tier-2 cities and further expansion into Tier-1 markets like Delhi-NCR, Mumbai, Hyderabad, and Pune. The company serves over 250 clients across 28 centers in 11 cities, managing 14,144 seats with high occupancy rates and delivering end-to-end solutions ranging from managed offices to coworking spaces.
Key Investment thesis
Leadership in Tier-2 Markets: Dev Accelerator holds a leading market share as a managed workspace operator in rapidly-growing Tier-2 cities, capturing India's rising demand for flexible workspace solutions.
Customer-Centric Model: It offers customizable office setups and zero capex models, allowing clients to scale operations without upfront investment and focus on core business activities.
Strong Financial Growth: The company reported a revenue CAGR of over 50% in recent years, with PAT rising 303% in FY25 and industry-leading EBITDA margins of nearly 56%.
Integrated Offerings: Through subsidiaries and an in-house design team, it delivers solutions from space sourcing and design to facility and payroll management, supporting long-term client relationships.
Experienced Leadership: The promoters have over 21 years’ experience in the sector, and the management team brings deep expertise, fueling robust expansion and strategic growth.
Dev Accelerator Ltd stands out for its customer-focused, scalable business model and strong financial performance, positioning it as a compelling player in India’s burgeoning flexible workspace industry.
Dev Accelerator Ltd (DevX) is one of India's largest flexible workspace providers, with a strong presence in Tier-2 cities and further expansion into Tier-1 markets like Delhi-NCR, Mumbai, Hyderabad, and Pune. The company serves over 250 clients across 28 centers in 11 cities, managing 14,144 seats with high occupancy rates and delivering end-to-end solutions ranging from managed offices to coworking spaces.
Key Investment thesis
Leadership in Tier-2 Markets: Dev Accelerator holds a leading market share as a managed workspace operator in rapidly-growing Tier-2 cities, capturing India's rising demand for flexible workspace solutions.
Customer-Centric Model: It offers customizable office setups and zero capex models, allowing clients to scale operations without upfront investment and focus on core business activities.
Strong Financial Growth: The company reported a revenue CAGR of over 50% in recent years, with PAT rising 303% in FY25 and industry-leading EBITDA margins of nearly 56%.
Integrated Offerings: Through subsidiaries and an in-house design team, it delivers solutions from space sourcing and design to facility and payroll management, supporting long-term client relationships.
Experienced Leadership: The promoters have over 21 years’ experience in the sector, and the management team brings deep expertise, fueling robust expansion and strategic growth.
Dev Accelerator Ltd stands out for its customer-focused, scalable business model and strong financial performance, positioning it as a compelling player in India’s burgeoning flexible workspace industry.
Morning Alert..
*Rs 4 trillion and rising: MFs on course for record equity purchase in 2025*
Mutual funds’ net equity investments in 2025 have breached the ₹4 trillion mark. So far this year, domestic fund managers have channelled ₹4.02 trillion into equities. They had invested a record ₹4.3 trillion in equities during 2024. If the current pace continues, mutual funds are on course not only to eclipse last year’s figure but potentially to cross the ₹5 trillion mark. The ongoing calendar year marks the fifth consecutive year of positive equity flows from mutual funds. The steady run of inflows in recent years has been supported by a robust post-pandemic market performance. This year’s resilience, however, stands out, coming against a subdued market backdrop and persistent selling by foreign portfolio investors (FPIs). FPIs have withdrawn ₹1.6 trillion from domestic equities. As a result, the benchmark Nifty 50 is up only about 5 per cent so far this year. Strong domestic buying has helped cushion the impact of FPI outflows, limiting downside pressure on the market. Market observers, however, caution that continued inflows will depend on whether investor sentiment holds up if market weakness persists.
*Global market action*
Dow Jones – Down by 0.14% or 66.36 points
FTSE – Down by 0.13% or 12.11 points
CAC – Down by 1.38% or 109.76 points
DAX – Up by 0.01% or 0.51 points
Gift Nifty – Up by 0.13% or 32.50 points
*FII/DII activities*
FII – Sold 313.77Cr worth of shares
DII – Bought 5036.39Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
Kama Holdings Ltd – 88.7%
RR Kabel Ltd – 83.9%
Torrent Power Ltd – 80.8%
Dr. Lal Path Labs Ltd – 79.6%
Nippon Life India Asset Management Ltd – 79.3%
*Primary market activities*
IPOs opening today
LG Electronics India Ltd (Main board) – Issue size 11607.01Cr
Mittal Securities Ltd (BSE SME) – Issue size 52.91Cr
Anantam Highways Trust InvIT (Main board) – Issue size 400Cr
Listing today
Glottis Ltd (Main board) – Subscribed 2.12x
Sodhani Capital Ltd (BSE SME) – Subscribed 4.79x
Vijaypd Ceutical Ltd (NSE SME) – Subscribed 1.37x
Om Metallogic Ltd (BSE SME) – Subscribed 1.47x
Suba Hotels Ltd (NSE SME) – Subscribed 15.33x
Dhillon Freight Carrier Ltd (BSE SME) – Subscribed 2.91x
Fabtech Technologies Ltd (Main board) – Subscribed 2.04x
*Commodities updates*
Gold – Rs 120325/10gm, Silver – Rs 147600/kg, Brcrude – Rs 5489/barrel, Copper – Rs 988.75/kg.
*Rs 4 trillion and rising: MFs on course for record equity purchase in 2025*
Mutual funds’ net equity investments in 2025 have breached the ₹4 trillion mark. So far this year, domestic fund managers have channelled ₹4.02 trillion into equities. They had invested a record ₹4.3 trillion in equities during 2024. If the current pace continues, mutual funds are on course not only to eclipse last year’s figure but potentially to cross the ₹5 trillion mark. The ongoing calendar year marks the fifth consecutive year of positive equity flows from mutual funds. The steady run of inflows in recent years has been supported by a robust post-pandemic market performance. This year’s resilience, however, stands out, coming against a subdued market backdrop and persistent selling by foreign portfolio investors (FPIs). FPIs have withdrawn ₹1.6 trillion from domestic equities. As a result, the benchmark Nifty 50 is up only about 5 per cent so far this year. Strong domestic buying has helped cushion the impact of FPI outflows, limiting downside pressure on the market. Market observers, however, caution that continued inflows will depend on whether investor sentiment holds up if market weakness persists.
*Global market action*
Dow Jones – Down by 0.14% or 66.36 points
FTSE – Down by 0.13% or 12.11 points
CAC – Down by 1.38% or 109.76 points
DAX – Up by 0.01% or 0.51 points
Gift Nifty – Up by 0.13% or 32.50 points
*FII/DII activities*
FII – Sold 313.77Cr worth of shares
DII – Bought 5036.39Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
Kama Holdings Ltd – 88.7%
RR Kabel Ltd – 83.9%
Torrent Power Ltd – 80.8%
Dr. Lal Path Labs Ltd – 79.6%
Nippon Life India Asset Management Ltd – 79.3%
*Primary market activities*
IPOs opening today
LG Electronics India Ltd (Main board) – Issue size 11607.01Cr
Mittal Securities Ltd (BSE SME) – Issue size 52.91Cr
Anantam Highways Trust InvIT (Main board) – Issue size 400Cr
Listing today
Glottis Ltd (Main board) – Subscribed 2.12x
Sodhani Capital Ltd (BSE SME) – Subscribed 4.79x
Vijaypd Ceutical Ltd (NSE SME) – Subscribed 1.37x
Om Metallogic Ltd (BSE SME) – Subscribed 1.47x
Suba Hotels Ltd (NSE SME) – Subscribed 15.33x
Dhillon Freight Carrier Ltd (BSE SME) – Subscribed 2.91x
Fabtech Technologies Ltd (Main board) – Subscribed 2.04x
*Commodities updates*
Gold – Rs 120325/10gm, Silver – Rs 147600/kg, Brcrude – Rs 5489/barrel, Copper – Rs 988.75/kg.
Special Situation Stock
KIOCL ( PSU STOCK ) @ LOWER CIRCUIT AFTER STRONG RALLY
ANY TIME CIRCUIT OPEN EXPECTED
TEST RESISTANCE 1000 SL 450
KIOCL ( PSU STOCK ) @ LOWER CIRCUIT AFTER STRONG RALLY
ANY TIME CIRCUIT OPEN EXPECTED
TEST RESISTANCE 1000 SL 450
Morning Alert..
*World Bank ups India's FY26 growth forecast to 6.5%, lowers FY27 projection*
The World Bank on Tuesday raised India’s FY26 gross domestic product (GDP) forecast to 6.5 per cent from 6.3 per cent in June and revised downwards the growth forecast for FY27 by 20 basis points (bps) to 6.3 per cent owing to the higher-than-expected tariffs imposed on India’s exports by US President Donald Trump. India, however, is expected to remain the world’s fastest-growing major economy, underpinned by continued strength in consumption growth, the World Bank said in its South Asia Outlook. “The government’s reforms to the goods and services tax (GST) — reducing the number of tax brackets and simplifying compliance — are expected to support activity… Forecast for FY27 has been downgraded, however, as a result of the imposition of a 50 per cent tariff on about three-quarters of India’s goods exports to the United States,” the report said. It said domestic conditions, particularly agricultural output and rural wage growth, have been better than expected. The Bank has forecast the growth for South Asia to reach 6.6 per cent in 2025 but may slow down to 5.8 per cent in 2026, partly due to US tariffs on India.
*Global market action*
Dow Jones – Up by 0.10% or 46.23 points
FTSE – Up by 0.05% or 4.44 points
CAC – Up by 0.04% or 3.07 points
DAX – Up by 0.03% or 7.49 points
Gift Nifty – Up by 0.01% or 2.00 points
*FII/DII activities*
FII – Bought 1440.66Cr worth of shares
DII – Bought 452.57Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
Relaxo Footwear Ltd – 99.4%
Esab India Ltd – 95.2%
TTK Prestige Ltd – 87.9%
Go Digit General Insurance Ltd – 87.8%
JB Chemicals & Pharma Ltd – 86.1%
*Primary market activities*
Listing today
Valplast Technologies Ltd (BSE SME) – Subscribed 1.19x
BAG Convergence Ltd (NSE SME) – Subscribed 1.38x
Advance Agrolife Ltd (Main board) – Subscribed 56.90x
Sheel Biotech Ltd (NSE SME) – Subscribed 15.97x
Infinity Inflow Ltd (BSE SME) – Subscribed 277.24x
Munish Forge Ltd (NSE SME) – Subscribed 3.53x
Sunsky Logistics Ltd (BSE SME) – Subscribed 1.46x
Charaharit Ltd (BSE SME) – Subscribed 1.88x
Om Freight Forwarders Ltd (Main board) – Subscribed 3.88x
*Commodities updates*
Gold – Rs 121055/10gm, Silver – Rs 145410/kg, Brcrude – Rs 5474/barrel, Copper – Rs 966.10/kg.
*World Bank ups India's FY26 growth forecast to 6.5%, lowers FY27 projection*
The World Bank on Tuesday raised India’s FY26 gross domestic product (GDP) forecast to 6.5 per cent from 6.3 per cent in June and revised downwards the growth forecast for FY27 by 20 basis points (bps) to 6.3 per cent owing to the higher-than-expected tariffs imposed on India’s exports by US President Donald Trump. India, however, is expected to remain the world’s fastest-growing major economy, underpinned by continued strength in consumption growth, the World Bank said in its South Asia Outlook. “The government’s reforms to the goods and services tax (GST) — reducing the number of tax brackets and simplifying compliance — are expected to support activity… Forecast for FY27 has been downgraded, however, as a result of the imposition of a 50 per cent tariff on about three-quarters of India’s goods exports to the United States,” the report said. It said domestic conditions, particularly agricultural output and rural wage growth, have been better than expected. The Bank has forecast the growth for South Asia to reach 6.6 per cent in 2025 but may slow down to 5.8 per cent in 2026, partly due to US tariffs on India.
*Global market action*
Dow Jones – Up by 0.10% or 46.23 points
FTSE – Up by 0.05% or 4.44 points
CAC – Up by 0.04% or 3.07 points
DAX – Up by 0.03% or 7.49 points
Gift Nifty – Up by 0.01% or 2.00 points
*FII/DII activities*
FII – Bought 1440.66Cr worth of shares
DII – Bought 452.57Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
Relaxo Footwear Ltd – 99.4%
Esab India Ltd – 95.2%
TTK Prestige Ltd – 87.9%
Go Digit General Insurance Ltd – 87.8%
JB Chemicals & Pharma Ltd – 86.1%
*Primary market activities*
Listing today
Valplast Technologies Ltd (BSE SME) – Subscribed 1.19x
BAG Convergence Ltd (NSE SME) – Subscribed 1.38x
Advance Agrolife Ltd (Main board) – Subscribed 56.90x
Sheel Biotech Ltd (NSE SME) – Subscribed 15.97x
Infinity Inflow Ltd (BSE SME) – Subscribed 277.24x
Munish Forge Ltd (NSE SME) – Subscribed 3.53x
Sunsky Logistics Ltd (BSE SME) – Subscribed 1.46x
Charaharit Ltd (BSE SME) – Subscribed 1.88x
Om Freight Forwarders Ltd (Main board) – Subscribed 3.88x
*Commodities updates*
Gold – Rs 121055/10gm, Silver – Rs 145410/kg, Brcrude – Rs 5474/barrel, Copper – Rs 966.10/kg.
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Short Term View
Bonus on 13th oct after 5 days record date
Univastu India CMP 256 / 260
Available @ lower Valuation In net Zero Construction
Test Resistance 280 / 300 Sl 225
Coming days View Strong Potential View
Bonus on 13th oct after 5 days record date
Univastu India CMP 256 / 260
Available @ lower Valuation In net Zero Construction
Test Resistance 280 / 300 Sl 225
Coming days View Strong Potential View
Morning Alert..
*Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets*
The government is in final stages of launching a ₹7,350 crore scheme to spur domestic production of sintered rare earth permanent magnets (REPMs) and cut import dependence, Business Standard has learnt. This comes months after China imposed restrictions on exports of REPMs in April, squeezing supplies to India’s automobile and electronics industries. The initiative — likely to be called the Scheme to Promote Sintered Rare Earth Permanent Magnet Manufacturing in India — aims to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents. The goal is to build a homegrown value chain spanning the conversion of NdPr (neodymium-praseodymium) oxide into sintered NdFeB (neodymium-iron-boron) magnets. These are critical to sectors such as automobile, electronics, wind energy, and defence. The REPM production includes mining, beneficiation, processing, extraction, refining to rare earth oxide, conversion to metal and alloy, and finally magnet manufacturing.
*Global market action*
Dow Jones – Up by 0.02% or 11.45 points
FTSE – Up by 0.68% or 65.29 points
CAC – Up by 1.06% or 85.28 points
DAX – Up by 0.86% or 211.35 points
Gift Nifty – Up by 0.20% or 50.00 points
*FII/DII activities*
FII – Bought 81.28Cr worth of shares
DII – Bought 329.96Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
Concord Biotech Ltd – 88.7%
Shyam Metalics and Energy Ltd – 85.7%
Ajanta Pharma Ltd – 79.3%
Sheela Foam Ltd – 79.2%
AIA Engineering Ltd – 75.9%
*Primary market activities*
IPOs opening today
Rubicon Research Ltd (Main board) – Issue size 1377.50Cr
Canara Robeco AMC Ltd (Main board) - Issue size 1326.13Cr
Listing today
Greenleaf Envirotech Ltd (NSE SME) - Subscribed 3.84x
*Commodities updates*
Gold – Rs 123290/gm, Silver – Rs 149940/kg, Brcrude – Rs 5580/barrel, Copper – Rs 999.60/kg.
*Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets*
The government is in final stages of launching a ₹7,350 crore scheme to spur domestic production of sintered rare earth permanent magnets (REPMs) and cut import dependence, Business Standard has learnt. This comes months after China imposed restrictions on exports of REPMs in April, squeezing supplies to India’s automobile and electronics industries. The initiative — likely to be called the Scheme to Promote Sintered Rare Earth Permanent Magnet Manufacturing in India — aims to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents. The goal is to build a homegrown value chain spanning the conversion of NdPr (neodymium-praseodymium) oxide into sintered NdFeB (neodymium-iron-boron) magnets. These are critical to sectors such as automobile, electronics, wind energy, and defence. The REPM production includes mining, beneficiation, processing, extraction, refining to rare earth oxide, conversion to metal and alloy, and finally magnet manufacturing.
*Global market action*
Dow Jones – Up by 0.02% or 11.45 points
FTSE – Up by 0.68% or 65.29 points
CAC – Up by 1.06% or 85.28 points
DAX – Up by 0.86% or 211.35 points
Gift Nifty – Up by 0.20% or 50.00 points
*FII/DII activities*
FII – Bought 81.28Cr worth of shares
DII – Bought 329.96Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
Concord Biotech Ltd – 88.7%
Shyam Metalics and Energy Ltd – 85.7%
Ajanta Pharma Ltd – 79.3%
Sheela Foam Ltd – 79.2%
AIA Engineering Ltd – 75.9%
*Primary market activities*
IPOs opening today
Rubicon Research Ltd (Main board) – Issue size 1377.50Cr
Canara Robeco AMC Ltd (Main board) - Issue size 1326.13Cr
Listing today
Greenleaf Envirotech Ltd (NSE SME) - Subscribed 3.84x
*Commodities updates*
Gold – Rs 123290/gm, Silver – Rs 149940/kg, Brcrude – Rs 5580/barrel, Copper – Rs 999.60/kg.
Intraday Players & Coming Days
Vms Tmt CMP 75 / 77
Test Resistance 85 / 90 / 95 Sl 69
Coming days View Strong Potential View
From Today 20 % Circuit Limit🚀
Vms Tmt CMP 75 / 77
Test Resistance 85 / 90 / 95 Sl 69
Coming days View Strong Potential View
From Today 20 % Circuit Limit🚀