Forwarded from Equity99
Bullish CUP & HANDLE formation on daily chart of UNIVASTU INDIA
Look at the daily chart of UNIVASTU INDIA. Stock is forming CUP & HANDLE formation which is highly bullish in its nature & RSI also turns bullish.
Now expect a big rally upto 295 / 312 / 330 in this counter...
Look at the daily chart of UNIVASTU INDIA. Stock is forming CUP & HANDLE formation which is highly bullish in its nature & RSI also turns bullish.
Now expect a big rally upto 295 / 312 / 330 in this counter...
Morning Alert..
*India inks critical mineral, climate change and defence deals with UK*
India and the United Kingdom (UK) on Thursday announced a dozen outcomes across sectors ranging from education and critical minerals to climate change and defence cooperation. These include a $468 million (350 million pound) contract under which the UK will supply lightweight multirole missiles to India, and an agreement, worth $333 million (250 million pounds) initially, to take their collaboration on electric-powered engines for naval ships to the next stage. Prime Minister Narendra Modi and his visiting UK counterpart, Keir Starmer, met in Mumbai on Thursday morning and sought to inject fresh momentum into the strategic and economic partnership between the two countries. The meeting aimed to build on the free-trade agreement signed on July 24 during Modi’s visit to Chequers. “In today’s time of global uncertainty, our growing partnership stands as an important pillar of stability and economic progress,” Modi said at one of the three events — including a joint press conference — that the two leaders addressed during the day.
*Global market action*
Dow Jones – Up by 0.11% or 52.30 points
FTSE – Down by 0.42% or 39.47 points
CAC – Down by 0.23% or 18.77 points
DAX – Up by 0.06% or 14.12 points
Gift Nifty – Up by 0.02% or 5.50 points
*FII/DII activities*
FII – Bought 1308.16Cr worth of shares
DII – Bought 864.36Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
UTI AMC Ltd – 90.8%
V-Guard Industries Ltd – 90.2%
Rainbow Children Medicare Ltd – 88.1%
Hatson Agro Products Ltd – 88%
Galaxy Surfactants Ltd – 85.6%
*Primary market activities*
IPOs opening today
SK Minerals & Additives Ltd (BSE SME) – Issue size 41.15Cr
Canara HSBC Life Insurance Co. Ltd (Main board) – Issue size 2517.50Cr
Sihora Industries Ltd (BSE SME) - Issue size 10.56Cr
Listing today
Wework India Management (Main board) – Subscribed 1.15x
*Commodities updates*
Gold – Rs 120280/10gm, Silver – Rs 146150/kg, Brcrude – Rs 5468/barrel, Copper – Rs 1003.20/kg.
*India inks critical mineral, climate change and defence deals with UK*
India and the United Kingdom (UK) on Thursday announced a dozen outcomes across sectors ranging from education and critical minerals to climate change and defence cooperation. These include a $468 million (350 million pound) contract under which the UK will supply lightweight multirole missiles to India, and an agreement, worth $333 million (250 million pounds) initially, to take their collaboration on electric-powered engines for naval ships to the next stage. Prime Minister Narendra Modi and his visiting UK counterpart, Keir Starmer, met in Mumbai on Thursday morning and sought to inject fresh momentum into the strategic and economic partnership between the two countries. The meeting aimed to build on the free-trade agreement signed on July 24 during Modi’s visit to Chequers. “In today’s time of global uncertainty, our growing partnership stands as an important pillar of stability and economic progress,” Modi said at one of the three events — including a joint press conference — that the two leaders addressed during the day.
*Global market action*
Dow Jones – Up by 0.11% or 52.30 points
FTSE – Down by 0.42% or 39.47 points
CAC – Down by 0.23% or 18.77 points
DAX – Up by 0.06% or 14.12 points
Gift Nifty – Up by 0.02% or 5.50 points
*FII/DII activities*
FII – Bought 1308.16Cr worth of shares
DII – Bought 864.36Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.5x
*Stocks with high delivery percentage*
UTI AMC Ltd – 90.8%
V-Guard Industries Ltd – 90.2%
Rainbow Children Medicare Ltd – 88.1%
Hatson Agro Products Ltd – 88%
Galaxy Surfactants Ltd – 85.6%
*Primary market activities*
IPOs opening today
SK Minerals & Additives Ltd (BSE SME) – Issue size 41.15Cr
Canara HSBC Life Insurance Co. Ltd (Main board) – Issue size 2517.50Cr
Sihora Industries Ltd (BSE SME) - Issue size 10.56Cr
Listing today
Wework India Management (Main board) – Subscribed 1.15x
*Commodities updates*
Gold – Rs 120280/10gm, Silver – Rs 146150/kg, Brcrude – Rs 5468/barrel, Copper – Rs 1003.20/kg.
Can Be Doubler
Patel Retail is currently trading at a significantly lower P/E compared to all major retail peers, making it the cheapest stock among prominent listed retail companies and suggesting attractive valuations for investors.
P/E Comparison: Patel Retail and Peers
Patel Retail > PE - 34.71 (Cheapest, strong value) 🚀🚀🚀🚀🚀🚀
Patel Retail is currently trading at a significantly lower P/E compared to all major retail peers, making it the cheapest stock among prominent listed retail companies and suggesting attractive valuations for investors.
P/E Comparison: Patel Retail and Peers
Patel Retail > PE - 34.71 (Cheapest, strong value) 🚀🚀🚀🚀🚀🚀
Avenue Supermarts > PE - 114.35 (Premium, expensive)
Vishal Mega Mart > PE - 103.97 (Expensive)
V-Mart Retail > PE - 112.01 (Expensive)
Shoppers Stop > PE - 333.06 (Highly expensive)
Electronics Mart > PE - 52.36 (Moderate to expensive)
Spencer’s Retail > PE - 534.58 (Extremely expensive)Morning Alert..
*Finance ministry to review US tariff impact on MSME sector on Monday*
The Ministry of Finance is scheduled to hold a review meeting on Monday with public-sector banks (PSBs) to assess the impact of the punitive tariffs by the United States (US) on the micro, small, and medium enterprises (MSME) sector and evaluate their credit requirements, a senior government official said on condition of anonymity. The meeting will be chaired by Department of Financial Services (DFS) Secretary M Nagaraju. “The review will focus on financial inclusion schemes, such as MUDRA and credit guarantee, among others. The aim is to understand how external trade pressures are affecting MSMEs and to ensure that adequate credit support continues under existing government initiatives,” said the official. The government is also concerned that non-performing assets (NPAs) for MUDRA loans could rise due to higher tariffs, the official said, adding that the DFS would review the situation and seek suggestions from bankers on possible corrective measures. India’s MSMEs, which contribute over 45 per cent to the country’s exports, are facing major disruptions following the US decision to impose an additional 50 per cent tariff on the country’s goods. MSME industry bodies have raised concerns over its deep impact, seeking immediate government intervention.
*Global market action*
Dow Jones – Up by 0.82% or 371.75 points
FTSE – Down by 0.87% or 81.93 points
CAC – Down by 1.56% or 123.36 points
DAX – Down by 1.53% or 369.79 points
Gift Nifty – Down by 0.30% or 76.00 points
*FII/DII activities*
FII – Bought 459.20Cr worth of shares
DII – Bought 1707.83Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.4x
Nifty Bank – 15.6x
*Stocks with high delivery percentage*
Akzo Nobel India Ltd – 95.8%
Garware Technical Fibres Ltd – 92.3%
Grindwell Norton Ltd – 91.4%
SRF Ltd – 87.2%
Emami Ltd – 82.4%
*Primary market activities*
Listing today
Tata Capital Ltd (Main board) – Subscribed 1.96x
*Commodities updates*
Gold – Rs 121492/10gm, Silver – Rs 146698/kg, Brcrude – Rs5246/barrel, Copper – Rs 968.95/kg.
*Finance ministry to review US tariff impact on MSME sector on Monday*
The Ministry of Finance is scheduled to hold a review meeting on Monday with public-sector banks (PSBs) to assess the impact of the punitive tariffs by the United States (US) on the micro, small, and medium enterprises (MSME) sector and evaluate their credit requirements, a senior government official said on condition of anonymity. The meeting will be chaired by Department of Financial Services (DFS) Secretary M Nagaraju. “The review will focus on financial inclusion schemes, such as MUDRA and credit guarantee, among others. The aim is to understand how external trade pressures are affecting MSMEs and to ensure that adequate credit support continues under existing government initiatives,” said the official. The government is also concerned that non-performing assets (NPAs) for MUDRA loans could rise due to higher tariffs, the official said, adding that the DFS would review the situation and seek suggestions from bankers on possible corrective measures. India’s MSMEs, which contribute over 45 per cent to the country’s exports, are facing major disruptions following the US decision to impose an additional 50 per cent tariff on the country’s goods. MSME industry bodies have raised concerns over its deep impact, seeking immediate government intervention.
*Global market action*
Dow Jones – Up by 0.82% or 371.75 points
FTSE – Down by 0.87% or 81.93 points
CAC – Down by 1.56% or 123.36 points
DAX – Down by 1.53% or 369.79 points
Gift Nifty – Down by 0.30% or 76.00 points
*FII/DII activities*
FII – Bought 459.20Cr worth of shares
DII – Bought 1707.83Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.4x
Nifty Bank – 15.6x
*Stocks with high delivery percentage*
Akzo Nobel India Ltd – 95.8%
Garware Technical Fibres Ltd – 92.3%
Grindwell Norton Ltd – 91.4%
SRF Ltd – 87.2%
Emami Ltd – 82.4%
*Primary market activities*
Listing today
Tata Capital Ltd (Main board) – Subscribed 1.96x
*Commodities updates*
Gold – Rs 121492/10gm, Silver – Rs 146698/kg, Brcrude – Rs5246/barrel, Copper – Rs 968.95/kg.
Morning Alert..
*India's retail inflation slips to 99-month low of 1.54% in September*
After a minor uptick in August, India’s retail inflation moderated significantly in September to hit a 99-month low of 1.54 per cent, with food prices dropping 2.3 per cent from a year ago, marking the most benign print for the volatile and essential component of the household spending basket since December 2018. With September’s price rise pace coming under the central bank’s inflation tolerance range of 2 per cent to 6 per cent, the average inflation through the second quarter (Q2) of 2025-26 (FY26) is 1.74 per cent, a tad below the Reserve Bank of India (RBI) projection of 1.8 per cent for Q2 as well as Q3. Receding inflation pressures could lend more comfort for the Monetary Policy Committee of the RBI, which chose to keep interest rates unchanged for the second time at its bi-monthly review that concluded on October 1, to focus on growth. The RBI has lowered its inflation projection for FY26 to 2.6 per cent, with Q4 expected to clock a higher average of 4 per cent. Paras Jasrai, associate director, India Ratings & Research, said October’s retail inflation could be around 1 per cent, the lowest in the current CPI series, thanks to the GST rate cuts and a favourable base as inflation stood at 6.2 per cent in October 2024. The agency reckons there is scope for another 25 basis points (bps) repo rate cut by the RBI, contingent on upcoming data reflecting effective GST adjustments.
*Global market action*
Dow Jones – Up by 0.22% or 103.53 points
FTSE – Up by 0.16% or 15.40 points
CAC – Up by 0.20% or 16.26 points
DAX – Up by 0.60% or 146.47 points
Gift Nifty – Up by 0.05% or 13.00 points
*FII/DII activities*
FII – Bought 240.10Cr worth of shares
DII – Bought 2333.42Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.6x
*Stocks with high delivery percentage*
Sheela Foam Ltd – 97.3%
Timken India Ltd – 88.2%
JB Chemicals & Pharma Ltd – 86.4%
Sai Life Sciences Ltd – 80.3%
Balrampur Chini Mills Ltd – 80%
*Primary market activities*
Listing today
LG Electronics India Ltd (Main board) – Subscribed 54.02x
Mittal Sections Ltd (BSE SME) – Subscribed 2.25x
*Commodities updates*
Gold – Rs 124562/10gm, Silver – Rs 154650/kg, Brcrude – Rs 5307/barrel, Copper – Rs 1004/kg.
*India's retail inflation slips to 99-month low of 1.54% in September*
After a minor uptick in August, India’s retail inflation moderated significantly in September to hit a 99-month low of 1.54 per cent, with food prices dropping 2.3 per cent from a year ago, marking the most benign print for the volatile and essential component of the household spending basket since December 2018. With September’s price rise pace coming under the central bank’s inflation tolerance range of 2 per cent to 6 per cent, the average inflation through the second quarter (Q2) of 2025-26 (FY26) is 1.74 per cent, a tad below the Reserve Bank of India (RBI) projection of 1.8 per cent for Q2 as well as Q3. Receding inflation pressures could lend more comfort for the Monetary Policy Committee of the RBI, which chose to keep interest rates unchanged for the second time at its bi-monthly review that concluded on October 1, to focus on growth. The RBI has lowered its inflation projection for FY26 to 2.6 per cent, with Q4 expected to clock a higher average of 4 per cent. Paras Jasrai, associate director, India Ratings & Research, said October’s retail inflation could be around 1 per cent, the lowest in the current CPI series, thanks to the GST rate cuts and a favourable base as inflation stood at 6.2 per cent in October 2024. The agency reckons there is scope for another 25 basis points (bps) repo rate cut by the RBI, contingent on upcoming data reflecting effective GST adjustments.
*Global market action*
Dow Jones – Up by 0.22% or 103.53 points
FTSE – Up by 0.16% or 15.40 points
CAC – Up by 0.20% or 16.26 points
DAX – Up by 0.60% or 146.47 points
Gift Nifty – Up by 0.05% or 13.00 points
*FII/DII activities*
FII – Bought 240.10Cr worth of shares
DII – Bought 2333.42Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.6x
*Stocks with high delivery percentage*
Sheela Foam Ltd – 97.3%
Timken India Ltd – 88.2%
JB Chemicals & Pharma Ltd – 86.4%
Sai Life Sciences Ltd – 80.3%
Balrampur Chini Mills Ltd – 80%
*Primary market activities*
Listing today
LG Electronics India Ltd (Main board) – Subscribed 54.02x
Mittal Sections Ltd (BSE SME) – Subscribed 2.25x
*Commodities updates*
Gold – Rs 124562/10gm, Silver – Rs 154650/kg, Brcrude – Rs 5307/barrel, Copper – Rs 1004/kg.
Morning Alert..
*Jewellery, garments, marine goods bore the brunt of US duties in August*
As the 25 per cent US tariffs on Indian goods kicked in on August 7, the country’s labour-intensive exports, such as gems & jewellery, garments, and marine products, took the maximum hit, according to disaggregated data released by the commerce department. During the month, shipments of pearls, precious and semi-precious stones declined 54.2 per cent year-on-year, followed by marine products (–33 per cent), gold and other precious metal jewellery (–18.6 per cent), readymade garments (–13.2 per cent), cotton fabrics and made-ups (–10.1 per cent), drug formulations (–7 per cent), and auto components (–6.6 per cent). The US accounts for 34 per cent of India’s readymade garments exports and 39 per cent of cotton fabrics shipments. Exports of precious stones and gold jewellery contribute 37 per cent and 28 per cent to total shipments, respectively, while marine products (36 per cent), drug formulations (40 per cent), and auto components (22 per cent) also form significant shares of India’s shipments. The additional 25 per cent US tariff on Indian goods, which was imposed in response to New Delhi’s purchase of Russian oil, came into effect on August 27, raising the cumulative duty on Indian exports to 50 per cent. The commerce department will today (Wednesday) release trade data for September that may reflect the full impact of the 50 per cent tariff on Indian exports.
*Global market action*
Dow Jones – Up by 0.11% or 50.93 points
FTSE – Up by 0.10% or 9.90 points
CAC – Down by 0.18% or 14.64 points
DAX – Down by 0.62% or 150.99 points
Gift Nifty – Up by 0.35% or 88.00 points
*FII/DII activities*
FII – Sold 1508.53Cr worth of shares
DII – Bought 3661.13Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.6x
*Stocks with high delivery percentage*
Global Health Ltd – 92%
Century Plyboard India Ltd – 88.8%
Akzo Nobel India Ltd – 82.6%
EIH Ltd – 82.2%
Timken India Ltd – 82%
*Primary market activities*
IPO opening today
Midwest Ltd (Main board) – Issue size 451Cr
*Commodities updates*
Gold – Rs 126324/10gm, Silver – Rs 159718/kg, Brcrude – Rs 5228/barrel, Copper – Rs 994.50/kg.
*Jewellery, garments, marine goods bore the brunt of US duties in August*
As the 25 per cent US tariffs on Indian goods kicked in on August 7, the country’s labour-intensive exports, such as gems & jewellery, garments, and marine products, took the maximum hit, according to disaggregated data released by the commerce department. During the month, shipments of pearls, precious and semi-precious stones declined 54.2 per cent year-on-year, followed by marine products (–33 per cent), gold and other precious metal jewellery (–18.6 per cent), readymade garments (–13.2 per cent), cotton fabrics and made-ups (–10.1 per cent), drug formulations (–7 per cent), and auto components (–6.6 per cent). The US accounts for 34 per cent of India’s readymade garments exports and 39 per cent of cotton fabrics shipments. Exports of precious stones and gold jewellery contribute 37 per cent and 28 per cent to total shipments, respectively, while marine products (36 per cent), drug formulations (40 per cent), and auto components (22 per cent) also form significant shares of India’s shipments. The additional 25 per cent US tariff on Indian goods, which was imposed in response to New Delhi’s purchase of Russian oil, came into effect on August 27, raising the cumulative duty on Indian exports to 50 per cent. The commerce department will today (Wednesday) release trade data for September that may reflect the full impact of the 50 per cent tariff on Indian exports.
*Global market action*
Dow Jones – Up by 0.11% or 50.93 points
FTSE – Up by 0.10% or 9.90 points
CAC – Down by 0.18% or 14.64 points
DAX – Down by 0.62% or 150.99 points
Gift Nifty – Up by 0.35% or 88.00 points
*FII/DII activities*
FII – Sold 1508.53Cr worth of shares
DII – Bought 3661.13Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.6x
*Stocks with high delivery percentage*
Global Health Ltd – 92%
Century Plyboard India Ltd – 88.8%
Akzo Nobel India Ltd – 82.6%
EIH Ltd – 82.2%
Timken India Ltd – 82%
*Primary market activities*
IPO opening today
Midwest Ltd (Main board) – Issue size 451Cr
*Commodities updates*
Gold – Rs 126324/10gm, Silver – Rs 159718/kg, Brcrude – Rs 5228/barrel, Copper – Rs 994.50/kg.
Can Be Doubler
Any Time Movement Towards 255
Patel Retail is currently trading at a significantly lower P/E compared to all major retail peers, making it the cheapest stock among prominent listed retail companies and suggesting attractive valuations for investors.
P/E Comparison: Patel Retail and Peers
Patel Retail > PE - 34.71 (Cheapest, strong value) 🚀🚀🚀🚀🚀🚀
Any Time Movement Towards 255
Patel Retail is currently trading at a significantly lower P/E compared to all major retail peers, making it the cheapest stock among prominent listed retail companies and suggesting attractive valuations for investors.
P/E Comparison: Patel Retail and Peers
Patel Retail > PE - 34.71 (Cheapest, strong value) 🚀🚀🚀🚀🚀🚀
Avenue Supermarts > PE - 114.35 (Premium, expensive)
Vishal Mega Mart > PE - 103.97 (Expensive)
V-Mart Retail > PE - 112.01 (Expensive)
Shoppers Stop > PE - 333.06 (Highly expensive)
Electronics Mart > PE - 52.36 (Moderate to expensive)
Spencer’s Retail > PE - 534.58 (Extremely expensive)Morning Alert..
*India casts doubt after Donald Trump claims its Russia oil buy to end*
The Ministry of External Affairs (MEA) on Thursday said it was unaware of any new conversation between US President Donald Trump and Prime Minister Narendra Modi, hours after Trump claimed he spoke with the Indian leader, who pledged to halt Russian oil purchases. It noted that the last phone call between the two took place on October 9. “To the best of our knowledge, I am not aware of any conversation between PM Modi and President Trump yesterday,” Randhir Jaiswal, spokesperson for the MEA, told reporters at a briefing in New Delhi. The ministry emphasised that India is “broad-basing and diversifying” its sourcing of energy to meet market conditions. It noted that New Delhi’s discussions with the Trump administration to deepen energy cooperation are “ongoing,” and that India is also sourcing oil from Brazil, whose Vice President Geraldo Alckmin is visiting India. The MEA’s statement followed comments made by Trump at a White House event on Wednesday. “Modi is a great man. He assured me today they will not be buying oil from Russia. Maybe that’s a breaking story. It has started. You can’t do it immediately, there is a little bit of process but the process is going to be over soon,” claimed the US president. He described Modi as a “friend” and a “great leader,” adding: “We were not happy with him buying oil from Russia because that lets Russia continue with this ridiculous war, where they’ve lost a million and a half people.”
*Global market action*
Dow Jones – Down by 0.14% or 63.97 points
FTSE – Up by 0.12% or 11.34 points
CAC – Up by 1.36% or 111.59 points
DAX – Up by 0.37% or 90.82 points
Gift Nifty – Down by 0.15% or 37.50 points
*FII/DII activities*
FII – Bought 997.29Cr worth of shares
DII – Bought 4076.20Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16x
*Stocks with high delivery percentage*
Garware Technical Fibres Ltd – 87.1%
Alkem Labs Ltd – 85%
Afcons Infra Ltd – 84.7%
Rainbow Childrens Medicare Ltd – 84.2%
Ramco Cements Ltd – 83.1%
*Primary market activities*
Listing today
SK Minerals & Additives Ltd (BSE SME) – Subscribed 3.52x
Canara HSBC Life Insurance Co Ltd (Main board) – Subscribed 2.30x
Sihora Industries Ltd (BSE SME) – Subscribed 1.27x
*Commodities updates*
Gold – Rs 130005/10gm, Silver – Rs 167632/kg, Brcrude – Rs 5060/barrel, Copper – Rs 994.25/kg.
*India casts doubt after Donald Trump claims its Russia oil buy to end*
The Ministry of External Affairs (MEA) on Thursday said it was unaware of any new conversation between US President Donald Trump and Prime Minister Narendra Modi, hours after Trump claimed he spoke with the Indian leader, who pledged to halt Russian oil purchases. It noted that the last phone call between the two took place on October 9. “To the best of our knowledge, I am not aware of any conversation between PM Modi and President Trump yesterday,” Randhir Jaiswal, spokesperson for the MEA, told reporters at a briefing in New Delhi. The ministry emphasised that India is “broad-basing and diversifying” its sourcing of energy to meet market conditions. It noted that New Delhi’s discussions with the Trump administration to deepen energy cooperation are “ongoing,” and that India is also sourcing oil from Brazil, whose Vice President Geraldo Alckmin is visiting India. The MEA’s statement followed comments made by Trump at a White House event on Wednesday. “Modi is a great man. He assured me today they will not be buying oil from Russia. Maybe that’s a breaking story. It has started. You can’t do it immediately, there is a little bit of process but the process is going to be over soon,” claimed the US president. He described Modi as a “friend” and a “great leader,” adding: “We were not happy with him buying oil from Russia because that lets Russia continue with this ridiculous war, where they’ve lost a million and a half people.”
*Global market action*
Dow Jones – Down by 0.14% or 63.97 points
FTSE – Up by 0.12% or 11.34 points
CAC – Up by 1.36% or 111.59 points
DAX – Up by 0.37% or 90.82 points
Gift Nifty – Down by 0.15% or 37.50 points
*FII/DII activities*
FII – Bought 997.29Cr worth of shares
DII – Bought 4076.20Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16x
*Stocks with high delivery percentage*
Garware Technical Fibres Ltd – 87.1%
Alkem Labs Ltd – 85%
Afcons Infra Ltd – 84.7%
Rainbow Childrens Medicare Ltd – 84.2%
Ramco Cements Ltd – 83.1%
*Primary market activities*
Listing today
SK Minerals & Additives Ltd (BSE SME) – Subscribed 3.52x
Canara HSBC Life Insurance Co Ltd (Main board) – Subscribed 2.30x
Sihora Industries Ltd (BSE SME) – Subscribed 1.27x
*Commodities updates*
Gold – Rs 130005/10gm, Silver – Rs 167632/kg, Brcrude – Rs 5060/barrel, Copper – Rs 994.25/kg.
Intraday Players & Coming Days
Newly Listed available @ 30 % Discount From Issue Size
Vms Tmt CMP 72 / 73
Test Resistance 88 / 95 / 99 Sl 65
Coming days View Strong Potential View
available @ Cheap rate 🚀
Newly Listed available @ 30 % Discount From Issue Size
Vms Tmt CMP 72 / 73
Test Resistance 88 / 95 / 99 Sl 65
Coming days View Strong Potential View
available @ Cheap rate 🚀
Morning Alert..
*Trade differences remain between India and EU after 14th round of talks*
Differences persisted between India and the European Union (EU) in their discussion earlier this month on the proposed free-trade agreement (FTA), leaving no scope for a substantial breakthrough. In the 14th round of negotiations, which took place in Brussels, the disagreements related to market access for goods, and also investment, trade, and sustainable development. However, progress was made in consolidating the text of the negotiations, according to the report. While both sides had “constructive discussions”, resulting in progress on a number of provisions related to trade and sustainable development, “substantial differences” remained, including those on the binding and enforceable nature of such commitments. “On market access, both sides made their expectations known for tariff liberalisation, red lines and flexibilities, both on the levels of liberalisation and on the staging of tariff dismantling. Discussions will continue intersessionally,” the report said.
*Global markets*
Dow jone - Down 0.07% or 32.51 points
FTSE - Up 0.92% or 88.01 points
CAC - Down by 0.63% or 51.99 points
DAX - Down by 0.74% or 178.90 points
Gift Nifty - Up by 1.30% or 337 points
*FII/DII Activities*
FII - Bought 96.72Cr worth of shares
DII - Sold 607.01 Cr worth of shares
*Major india indices pe*
Nifty 50 - 22.7x
Bank Nifty - 16.3x
*Stocks with high delivery percentage*
JSW Infra Ltd - 81.2%
REC Ltd - 78.2%
Fine organics industries ltd - 77.7%
Finolex Industries Ltd - 76.5%
Kama holdings Ltd - 76.3%
*Commodities updates*
Gold - Rs 122050/10gm, Silver - Rs 145751/kg, Brcrude - Rs 5150/barrel, Copper - Rs 980.5/kg.
*Trade differences remain between India and EU after 14th round of talks*
Differences persisted between India and the European Union (EU) in their discussion earlier this month on the proposed free-trade agreement (FTA), leaving no scope for a substantial breakthrough. In the 14th round of negotiations, which took place in Brussels, the disagreements related to market access for goods, and also investment, trade, and sustainable development. However, progress was made in consolidating the text of the negotiations, according to the report. While both sides had “constructive discussions”, resulting in progress on a number of provisions related to trade and sustainable development, “substantial differences” remained, including those on the binding and enforceable nature of such commitments. “On market access, both sides made their expectations known for tariff liberalisation, red lines and flexibilities, both on the levels of liberalisation and on the staging of tariff dismantling. Discussions will continue intersessionally,” the report said.
*Global markets*
Dow jone - Down 0.07% or 32.51 points
FTSE - Up 0.92% or 88.01 points
CAC - Down by 0.63% or 51.99 points
DAX - Down by 0.74% or 178.90 points
Gift Nifty - Up by 1.30% or 337 points
*FII/DII Activities*
FII - Bought 96.72Cr worth of shares
DII - Sold 607.01 Cr worth of shares
*Major india indices pe*
Nifty 50 - 22.7x
Bank Nifty - 16.3x
*Stocks with high delivery percentage*
JSW Infra Ltd - 81.2%
REC Ltd - 78.2%
Fine organics industries ltd - 77.7%
Finolex Industries Ltd - 76.5%
Kama holdings Ltd - 76.3%
*Commodities updates*
Gold - Rs 122050/10gm, Silver - Rs 145751/kg, Brcrude - Rs 5150/barrel, Copper - Rs 980.5/kg.
Morning Alert..
*Profit-taking erodes intraday gains in markets; Sensex rises 130 points*
Domestic equity benchmarks extended gains for a sixth straight session on Thursday, with the Nifty briefly crossing the 26,000-mark after a year, driven by optimism over a potential trade deal with the US and upbeat corporate earnings for the July–September quarter. However, profit-taking erased much of the day’s advance, leaving the indices with modest gains when the markets closed. The Sensex rose 1.02 per cent intraday before settling at 84,556 — up 130 points, or 0.2 per cent. The Nifty crossed 26,000 for the first time since September 30, 2024, but ended at 25,891, up 23 points, or 0.09 per cent. Both indices have added around 3 per cent over the past six sessions. However, the rally lacked breadth with 2,464 stocks declining against 1,809 advancing on BSE. The total market capitalisation of BSE-listed firms slipped by ₹60,000 crore to ₹470 trillion. Investor wealth rose by ₹10.6 trillion over the past six sessions, while the benchmark indices were only 1.5 per cent shy of new lifetime highs. Market sentiment was buoyed by reports suggesting that the US may lower tariffs on Indian exports to 15–16 per cent from 50 per cent currently. The news sent textile stocks soaring. Reports also indicated that India could agree to cut imports of Russian oil and allow non-genetically modified corn and soymeal from the US.
*Global markets*
Dow jone - Up 0.04% or 17.17 points
FTSE - Up 0.66% or 63.57 points
CAC - Up by 0.23% or 18.91 points
DAX - Up by 0.23% or 56.66 points
Gift Nifty - Up by 0.27% or 70.5 points
*FII/DII Activities*
FII - Sold 1165.94Cr worth of shares
DII - Bought 3893.73Cr worth of shares
*Major india indices pe*
Nifty 50 - 22.8x
Bank Nifty - 16.3x
*Stocks with high delivery percentage*
Finolex industries ltd - 82.5%
ZF Commercial Vehicle Control system India ltd - 81.9%
Gujarat state petronet ltd - 81.7%
Ambuja Cements Ltd - 79.2%
Go digit general insurance ltd - 78.3%
*Commodities updates*
Gold - Rs 124247/10gm, Silver - Rs 148660/kg, Brcrude - Rs 5437/barrel, Copper - Rs 990/kg.
*Profit-taking erodes intraday gains in markets; Sensex rises 130 points*
Domestic equity benchmarks extended gains for a sixth straight session on Thursday, with the Nifty briefly crossing the 26,000-mark after a year, driven by optimism over a potential trade deal with the US and upbeat corporate earnings for the July–September quarter. However, profit-taking erased much of the day’s advance, leaving the indices with modest gains when the markets closed. The Sensex rose 1.02 per cent intraday before settling at 84,556 — up 130 points, or 0.2 per cent. The Nifty crossed 26,000 for the first time since September 30, 2024, but ended at 25,891, up 23 points, or 0.09 per cent. Both indices have added around 3 per cent over the past six sessions. However, the rally lacked breadth with 2,464 stocks declining against 1,809 advancing on BSE. The total market capitalisation of BSE-listed firms slipped by ₹60,000 crore to ₹470 trillion. Investor wealth rose by ₹10.6 trillion over the past six sessions, while the benchmark indices were only 1.5 per cent shy of new lifetime highs. Market sentiment was buoyed by reports suggesting that the US may lower tariffs on Indian exports to 15–16 per cent from 50 per cent currently. The news sent textile stocks soaring. Reports also indicated that India could agree to cut imports of Russian oil and allow non-genetically modified corn and soymeal from the US.
*Global markets*
Dow jone - Up 0.04% or 17.17 points
FTSE - Up 0.66% or 63.57 points
CAC - Up by 0.23% or 18.91 points
DAX - Up by 0.23% or 56.66 points
Gift Nifty - Up by 0.27% or 70.5 points
*FII/DII Activities*
FII - Sold 1165.94Cr worth of shares
DII - Bought 3893.73Cr worth of shares
*Major india indices pe*
Nifty 50 - 22.8x
Bank Nifty - 16.3x
*Stocks with high delivery percentage*
Finolex industries ltd - 82.5%
ZF Commercial Vehicle Control system India ltd - 81.9%
Gujarat state petronet ltd - 81.7%
Ambuja Cements Ltd - 79.2%
Go digit general insurance ltd - 78.3%
*Commodities updates*
Gold - Rs 124247/10gm, Silver - Rs 148660/kg, Brcrude - Rs 5437/barrel, Copper - Rs 990/kg.
Morning Alert..
*Private sector capex led the way in H1FY26 with manufacturing boost*
Signalling a rebound in private investments, the second quarter of 2025-26 (FY26) witnessed a near doubling in the value of new investment plans from private promoters, with fresh outlays of ₹10.55 trillion in about 1,800 projects, compared to ₹5.69 trillion a year ago. The total value of new investment projects surged 62 per cent in Q2 to cross ₹15 trillion, taking overall investments in the first half (H1) of FY26 to ₹34 trillion, 22.3 per cent higher than the previous six months, according to data from investment monitoring firm Projects Today. Within this, new private sector capex plans rose a sharply 41 per cent in H1FY26 relative to H2FY25, at ₹24 trillion, led by a spurt in manufacturing and electricity projects, even as infrastructure building plans moderated with new public capex projects slowing down. Notably, foreign investors’ capex plans soared 130 per cent to over ₹3.56 trillion, while domestic private players recorded a 32 per cent uptick.
*Global markets*
Dow jone - Up 0.49% or 230.45 points
FTSE - Up 0.70% or 67.05 points
CAC - Up by 0.00% or 0.15 points
DAX - Up by 0.13% or 32.10 points
Gift Nifty - Up by 0.24% or 61 points
*FII/DII Activities*
FII - Bought 621.51Cr worth of shares
DII - Bought 173.13Cr worth of shares
*Major india indices pe*
Nifty 50 - 22.7x
Bank Nifty - 16.2x
*Stocks with high delivery percentage*
Honeywell Automation India Ltd - 86.5%
Concord Biotech Ltd - 83.9%
Gujarat state petronet Ltd - 83.5%
Kama Holdings Ltd - 83.5%
Devyani International Ltd - 83.1%
*Primary market activities*
IPOs opening today
Jayesh Logistics Ltd (NSE SME) - Issue size 28.63Cr
*Commodities updates*
Gold - Rs 123255/10gm, Silver - Rs 147150/kg, Brcrude - 5422/barrel, Copper - Rs 994/kg.
*Private sector capex led the way in H1FY26 with manufacturing boost*
Signalling a rebound in private investments, the second quarter of 2025-26 (FY26) witnessed a near doubling in the value of new investment plans from private promoters, with fresh outlays of ₹10.55 trillion in about 1,800 projects, compared to ₹5.69 trillion a year ago. The total value of new investment projects surged 62 per cent in Q2 to cross ₹15 trillion, taking overall investments in the first half (H1) of FY26 to ₹34 trillion, 22.3 per cent higher than the previous six months, according to data from investment monitoring firm Projects Today. Within this, new private sector capex plans rose a sharply 41 per cent in H1FY26 relative to H2FY25, at ₹24 trillion, led by a spurt in manufacturing and electricity projects, even as infrastructure building plans moderated with new public capex projects slowing down. Notably, foreign investors’ capex plans soared 130 per cent to over ₹3.56 trillion, while domestic private players recorded a 32 per cent uptick.
*Global markets*
Dow jone - Up 0.49% or 230.45 points
FTSE - Up 0.70% or 67.05 points
CAC - Up by 0.00% or 0.15 points
DAX - Up by 0.13% or 32.10 points
Gift Nifty - Up by 0.24% or 61 points
*FII/DII Activities*
FII - Bought 621.51Cr worth of shares
DII - Bought 173.13Cr worth of shares
*Major india indices pe*
Nifty 50 - 22.7x
Bank Nifty - 16.2x
*Stocks with high delivery percentage*
Honeywell Automation India Ltd - 86.5%
Concord Biotech Ltd - 83.9%
Gujarat state petronet Ltd - 83.5%
Kama Holdings Ltd - 83.5%
Devyani International Ltd - 83.1%
*Primary market activities*
IPOs opening today
Jayesh Logistics Ltd (NSE SME) - Issue size 28.63Cr
*Commodities updates*
Gold - Rs 123255/10gm, Silver - Rs 147150/kg, Brcrude - 5422/barrel, Copper - Rs 994/kg.