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Creating wealth through unfolded research. SEBI Registered Investment Adviser Reg No - INA000005358 Disclaimer: Channel view is purely for educational purposes. Visit our website https://Equity99.com
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Channel Posts
Ready To Break 75💲💲
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| 2 | No text | 3 481 |
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| 6 | Cheapest Infra Stock ( Biggest Movement Expected )
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Test Resistance 120 / 140 Sl 58
Coming Days View Strong View | 5 388 |
| 7 | Morning Alert..
*Rupee hits record low for third straight session on US-India deal jitters*
The rupee hit a new low for a third consecutive trading session on Monday, touching an intraday low of 90.80 per dollar, as uncertainty surrounding the India-US trade deal continued to weigh on the domestic currency, dealers said. The Indian currency pared some losses towards the end of the session after the country’s trade deficit narrowed to a five-month low of $24.53 billion in November, with exports rising to a three-and-a-half-year high. The rupee settled at 90.73 per dollar — a fresh closing low — compared with 90.42 per dollar on Friday. It is the worst-performing currency in Asia in 2025 so far, down 5.64 per cent against the dollar. In December alone, the domestic currency has depreciated 1.41 per cent. Despite the positive trade data, the rupee is likely to remain under pressure amid prevailing risk-averse sentiment, strong dollar demand from importers and persistent foreign outflows, which have dented investor confidence, dealers said. “Positive trade data is just a fleeting comfort,” said a dealer with a private bank. “It (rupee) will continue to see a gradual depreciation in the absence of a US-India trade deal. Also, the RBI (Reserve Bank of India) is missing from the market.”
*Global market action*
Dow Jones – Up by 0.02% or 10.03 points
FTSE – Up by 1.05% or 102.28 points
CAC – Up by 0.69% or 56.26 points
DAX – Up by 0.18% or 43.42 points
Gift Nifty – Down by 0.24% or 62.50 points
*FII/DII activities*
FII – Sold 1468.32Cr worth of shares
DII – Bought 1792.25Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
Bharti Hexacom Ltd – 90.1%
UTI AMC Ltd – 88.2%
Concord Biotech Ltd – 88.1%
Shree Cement Ltd – 85.5%
Lodha Developers Ltd – 85.2%
*Primary market activities*
IPO opening today
KSH International Ltd (Main board) – Issue size 710Cr
*Commodities updates*
Gold – Rs 134170/10gm, Silver – Rs 197656/kg, Brcrude – Rs 5141/barrel, Copper – Rs 1108.90/kg. | 7 046 |
| 8 | Morning Alert..
*Cabinet clears nuclear energy Bill to open sector to private participation*
The Union Cabinet chaired by Prime Minister Narendra Modi on Friday approved the nuclear energy Bill that seeks to introduce legislative amendments for opening up the civil nuclear power sector for private participation, according to sources. The Bill is likely to pave the way for amending two existing legislations — the Atomic Energy Act 1962, and the Civil Liability for Nuclear Damage (CLND) Act 2010 — tweaking the clauses that are believed to be deterring private companies, including foreign technology and equipment suppliers, from participating in the sector. This is part of the government’s efforts for reaching 100 Gigawatt (Gw) nuclear power capacity by 2047. The legislative amendments will also facilitate the implementation of the Nuclear Energy Mission announced by Finance Minister Nirmala Sitharaman in her Budget speech in February. The Sustainable Harnessing and Advancement of Nuclear Energy (SHANTI) Bill was listed as part of the legislative agenda of the ongoing Parliament session. Union Minister Jitendra Singh had said in Parliament last week that the Bill is at an advanced stage of drafting, and that final comments from ministries are being incorporated.
*Global market action*
Dow Jones – Up by 0.33% or 160.85 points
FTSE – Down by 0.56% or 54.13 points
CAC – Down by 0.21% or 17.14 points
DAX – Down by 0.45% or 108.12 points
Gift Nifty – Down by 0.29% or 76.50 points
*FII/DII activities*
FII – Sold 1114.22Cr worth of shares
DII – Bought 3868.94Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
Kajaria Ceramics Ltd – 88.4%
JK Lakshmi Cement Ltd – 85.4%
Sundaram Fasteners Ltd – 85.3%
Vijaya Diagnostics Centre Ltd – 82.1%
Metropolis Healthcare Ltd – 81.6%
*Primary market activities*
IPO opening today
Neptune Logitek Ltd (BSE SME) – Issue size 46.62Cr
Listing today
Riddhi Display Equipments Ltd (BSE SME) – Subscribed 4.91x
Corona Remedies Ltd (Main board) – Subscribed 144.54x
Wakefit Innovations Ltd (Main board) – Subscribed 2.52x
Prodocs Solutions Ltd (BSE SME) – Subscribed 2.66x
*Commodities updates*
Gold – Rs 133551/10gm, Silver – Rs 192318/kg, Brcrude – Rs 5231/barrel, Copper – Rs 1095.80/kg. | 8 661 |
| 9 | Morning Alert..
*Rupee hits fresh low on outflows and US trade deal delay; bond yields ease*
The rupee hit a fresh closing low of 90.37 per dollar on Thursday, pressured by foreign outflows from both bonds and equities. Uncertainty around the trade deal with the US also weighed on sentiment. The Indian unit slipped to a fresh intraday low of 90.49 before recovering some losses after the Reserve Bank of India intervened in the foreign exchange market through dollar sales, dealers said. The previous all-time closing low was on December 3 when it hit 90.20. The rupee, which depreciated 0.45 per cent on Thursday, is the worst-performing Asian currency this year, slipping 5.26 per cent against the dollar. “There were some outflows, and stop losses were triggered,” said a dealer at a state-owned bank. “In the middle of the day, there was some comment from a government official that a trade deal would happen by the end of March, which put downward pressure. The market was expecting the trade deal to be finalised by December,” he added. Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said India and the US have ironed out “most of their pending differences” on trade, and that a formal agreement could be in place by March 2026.
*Global market action*
Dow Jones – Up by 0.23% or 109.71 points
FTSE – Up by 0.49% or 47.63 points
CAC – Up by 0.78% or 63.07 points
DAX – Up by 0.68% or 164.47 points
Gift Nifty – Up by 0.42% or 109.50 points
*FII/DII activities*
FII – Sold 2020.94Cr worth of shares
DII – Bought 3796.07Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.6x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
Rainbow Children Medicare Ltd – 93%
Garware Technical Fibres Ltd – 91.1%
Cohance Lifesciences Ltd – 82.7%
Bajaj Housing Finance Ltd – 81.3%
Indiamart Intermesh Ltd – 77.6%
*Primary market activities*
IPOs opening today
Stanbik Agro Ltd (BSE SME) – Issue size 12.28Cr
Exim Routes Ltd (NSE SME) - Issue size 43.73Cr
ICICI Prudentail AMC Ltd (Main board) – Issue size 10602.65Cr
Container Movers Ltd (NSE SME) - Issue size 71Cr
Listing today
Flywings Simulator Training Centre Ltd (NSE SME) – Subscribed 1.67x
Encompass Design India Ltd (NSE SME) – Subscribed 2.19x
Methodhub Software Ltd (BSE SME) – Subscribed 28.91x
*Commodities updates*
Gold – Rs 132422/10gm, Silver – Rs 198799/kg, Brcrude – Rs 5176/barrel, Copper – Rs 1111.40/kg. | 12 120 |
| 10 | Morning Alert..
*ADB raises India's growth forecast by 70 bps to 7.2% on consumption boost*
The Asian Development Bank (ADB) on Wednesday raised India’s growth forecast for the financial year 2026 (FY26) by 70 basis points to 7.2 per cent, citing consumption boost driven by recent tax cuts. However, its growth projection for FY27 remained unchanged at 6.5 per cent. The upward revision by the Manila-based lender comes on the heels of India reporting an impressive 8.2 per cent GDP growth in the second quarter of FY26 (Q2FY26), the fastest in six quarters. “India’s GDP grew by 8.2 per cent in the second quarter of the current fiscal (July–September 2025), the fastest in six quarters, supported by robust private consumption despite subdued government spending. The FY26 outlook has been upgraded by 0.7 percentage points to 7.2 per cent, largely due to strong domestic demand aided by recent tax reductions,” said ADB in its latest Asian Development Outlook. The ADB revision aligns with improved sentiment among other global institutions as well. The IMF recently praised India’s growth momentum and fiscal discipline, while Fitch Ratings on Thursday lifted its FY26 forecast to 7.4 per cent from 6.9 per cent earlier, citing stronger consumer spending and better sentiment following GST reforms.
*Global market action*
Dow Jones – Down by 0.02% or 9.85 points
FTSE – Up by 0.14% or 13.52 points
CAC – Down by 0.37% or 29.82 points
DAX – Down by 0.13% or 32.51 points
Gift Nifty – Up by 0.51% or 135.50 points
*FII/DII activities*
FII – Sold 1651.06Cr worth of shares
DII – Bought 3752.31Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.4x
Nifty Bank – 16.5x
*Stocks with high delivery percentage*
V-Guard Industries Ltd – 92.7%
HUL – 84.1%
P&G Hygiene & Healthcare Ltd – 82.8%
Sai Life Sciences Ltd – 82.4%
Garware Technologies Fibres Ltd – 81.8%
*Primary market activities*
IPOs opening today
HRS Aluglaze Ltd (BSE SME) – Issue size 50.92Cr
Pajson Agro India Ltd (BSE SME) – Issue size 74.45Cr
Listing today
Western Overseas Study Abroad Ltd (BSE SME) – Subscribed 1.41x
Luxury Time Ltd (BSE SME) – Subscribed 635.53x
*Commodities updates*
Gold - Rs 129808/10gm, Silver – Rs 188750/kg, Brcrude – Rs 5234/barrel, Copper – Rs 1085.55/kg. | 12 352 |
| 11 | Morning Alert..
*US President Donald Trump signals action on Indian rice 'dumping'*
US President Donald Trump on Tuesday (India time) hinted at fresh tariffs on Indian rice, as a delegation led by Deputy US Trade Representative (USTR) Rick Switzer arrived in New Delhi to assess the proposed trade deal between the two countries. “They shouldn’t be dumping. I mean, I heard that from others. You can’t do that,” Trump said, adding that he would ‘take care’ of the alleged dumping of the commodity in the American market. Trump was speaking at a White House event unveiling $12 billion in fresh support for American farmers. Meryl Kennedy, who runs her family’s agribusiness, Kennedy Rice Mill in Louisiana, told Trump that rice producers in the southern part of the country are ‘really struggling’ and that countries, including India, are ‘dumping’ rice into the US. He further said that America lost half of its car and chip industries because these products were being manufactured in other countries, and previous administrations did not impose tariffs on these imports. “It’s the same thing with rice. It’ll be good and will get solved very quickly. We just need the countries. Just give us the names of the countries. Tariffs, again. It solves the problem in two minutes.”
*Global market action*
Dow Jones – Up by 0.01% or 4.96 points
FTSE – Down by 0.03% or 3.08 points
CAC – Down by 0.69% or 55.92 points
DAX – Up by 0.48% or 116.64 points
Gift Nifty – Down by 0.11% or 29.00 points
*FII/DII activities*
FII – Sold 3760.08Cr worth of shares
DII – Bought 6224.89Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.5x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
Shree Cements Ltd – 82.3%
Honasa Consumer Ltd – 82.2%
JSW Energy Ltd – 81.3%
Star Health and Allied Insurance Co Ltd – 81.1%
Glaxosmithkline Pharma Ltd – 80.7%
*Primary market activities*
IPOs opening today
Shipwaves Online Ltd (BSE SME) – Issue size 56.35Cr
Park Medi World Ltd (Main board) – Issue size 920Cr
Nephrocare Health Services Ltd (Main board) - Issue size 871.05Cr
Unisem Agritech Ltd (BSE SME) - Issue size 21.45Cr
Listing today
Vidya Wires Ltd (Main board) – Subscribed 28.53x
Aequs Ltd (Main board) – Subscribed 104.30x
Meesho Ltd (Main board) – Subscribed 81.76x
Shree Kanha Stainless Ltd (NSE SME) – Subscribed 2.81x
*Commodities updates*
Gold – Rs 130050/10gm, Silver – Rs 187900/kg, Brcrude – Rs 5245/barrel, Copper – Rs 1079.90/kg. | 12 352 |
| 12 | Morning Alert..
*EU trade commissioner Sefcovic in Delhi for push on India-EU trade talks*
European Union (EU) Trade Commissioner Maroš Šefčovič is in New Delhi for a two-day visit aimed at advancing talks on the proposed trade and investment agreements. With the year-end deadline fast approaching, Šefčovič held a meeting with his counterpart, Commerce and Industry Minister Piyush Goyal. He also met External Affairs Minister S Jaishankar. “In India for a two-day marathon of meetings with Piyush Goyal to advance our trade and investment negotiations. EU-India ties are growing fast — as they should between partners. But we’ve only scratched the surface. A commercially meaningful FTA would unlock enormous potential,” Šefčovič, who is the European Commissioner for Trade and Economic Security, said on X on Monday. A team, led by the European Commission’s Director General for Trade and Economic Security Sabine Weyand, is also in India to iron out differences on issues related to both goods and services. During an official round of talks last month, the commerce department had said that both sides saw ‘substantive progress’ across several negotiating areas and were able to narrow down the divergences. Common understanding arrived on many issues. Despite that, both sides still need to iron out differences in certain areas such as steel, carbon tax, automobiles and non-tariff barriers. The proposed deal is in the final stage, where the toughest issues will be taken up. “We are in the last leg of negotiations. The last leg is the most arduous leg of negotiations because these are the toughest things that are decided at the end,” commerce secretary Rajesh Agrawal had said in the past.
*Global market action*
Dow Jones – Up by 0.01% or 5.54 points
FTSE – Down by 0.23% or 21.92 points
CAC – Down by 0.08% or 6.31 points
DAX – Up by 0.07% or 17.87 points
Gift Nifty – Down by 0.31% or 80.00 points
*FII/DII activities*
FII – Sold 655.59Cr worth of shares
DII – Bought 2542.49Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.6x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
Grindwell Norton Ltd – 91.8%
Honeywell Automation India Ltd – 91.5%
Global Health Ltd – 84.4%
Metro Brands Ltd – 80%
Balkrishna Industries Ltd – 79.9%
*Primary market activities*
Neochem Bio Solutions Ltd (NSE SME) – Subscribed 15.52x
Helloji Holidays Ltd (BSE SME) – Subscribed 30.16x
*Commodities updates*
Gold – Rs 130025/10gm, Silver – Rs 181800/kg, Brcrude – Rs 5340/barrel, Copper – Rs 1096.95/kg. | 11 965 |
| 13 | Morning Alert..
*Petroleum exports to US surge in Oct as labour intensive sectors bear brunt*
India’s petroleum exports to the US surged 94.5 per cent in October to $251.5 million, making it the only major export category to post positive growth, apart from iPhone-led telecom instruments, which jumped 204 per cent during the month. This surge comes even as India’s key refined petroleum markets — including the Netherlands (-15.7 per cent), Australia (-93.1 per cent) and Togo (-62.3 per cent) — sharply cut their purchases from India during the same month. The US has long been a major buyer of Indian petroleum products, accounting for 6.9 per cent ($5.8 billion) of India’s petroleum exports in financial year 2024 (FY24). In October, its share stood at 6.4 per cent. During the month, exports of gems and jewellery continued to be the hardest hit to the US, with shipments of pearls, precious, and semi-precious stones plunging 77.3 per cent. Exports of gold and other precious metal jewellery dropped 51.2 per cent, disaggregated data released by the commerce department showed. Among other categories, exports of cotton fabrics and madeups (-28.3 per cent), marine products (-22.5 per cent), industrial machinery for dairy (-28.1 per cent), readymade garments (-19.6 per cent), drug formulations (-7.5 per cent) and auto components (-18.9 per cent) also contracted significantly to the U.S.
*Global market action*
Dow Jones – Down by 0.03% or 15.21 points
FTSE – Down by 0.45% or 43.86 points
CAC – Down by 0.09% or 7.29 points
DAX – Up by 0.61% or 146.11 points
Gift Nifty – Down by 0.04% or 10.00 points
*FII/DII activities*
FII – Sold 438.90Cr worth of shares
DII – Bought 4189.17Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.8x
Nifty Bank – 16.7x
*Stocks with high delivery percentage*
Westlife Foodworld Ltd – 92.4%
SKF India Ltd – 89.7%
Shree Cement Ltd – 83.1%
Berger Paints India Ltd – 83%
Metro Brands Ltd – 83%
*Primary market activities*
IPOs opening today
Riddhi Display Equipments Ltd (BSE SME) – Issue size 24.68Cr
Corona Remedies Ltd (Main board) – Issue size 655.37Cr
Wakefit Innovations Ltd (Main board) – Issue size 1288.89Cr
Prodocs Solutions Ltd (BSE SME) – Issue size 27.60Cr
KV Toys India Ltd (BSE SME) – Issue size 40.15Cr
Listing today
Ravelcare Ltd (BSE SME) – Subscribed 437.60x
Clear Secured Services Ltd (NSE SME) – Subscribed 8.83x
Speb Adhesives Ltd (NSE SME) – Subscribed 2.34x
Invicta Diagnostics Ltd (NSE SME) – Subscribed 4.27x
Astron Multigrain Ltd (BSE SME) – Subscribed 1.22x
*Commodities updates*
Gold – Rs 130456/10gm, Silver – Rs 178881/kg, Brcrude – Rs 5424/barrel, Copper – Rs 1093.10/kg. | 12 003 |
| 14 | Morning Alert..
*Fitch lifts FY26 growth forecast to 7.4% on stronger consumer demand*
Fitch Ratings raised its growth forecast for the current financial year to 7.4 per cent from its earlier 6.9 per cent, citing increased consumer spending and improved consumer sentiment following goods and services tax (GST) reforms. “Private consumer spending is the main driver of growth this year, supported by strong real income dynamics, increased consumer sentiment, and the impact of recently implemented goods and services tax reforms,” Fitch Ratings stated in its latest Global Economic Outlook on Thursday. The upward revision by the global credit rating agency comes days after the economy expanded at its fastest pace in six quarters, growing 8.2 per cent during the July-September (Q2) period, outstripping both official and private forecasts by a significant margin. The outlook further noted that the gap between nominal and real GDP narrowed further in Q2, with the GDP deflator just 0.5 per cent higher compared with the year earlier and growth is expected to ease over the remainder of the financial year. For FY27, Fitch expects growth to ease to 6.4 per cent, closer to its estimate of potential, with domestic demand—particularly consumer spending—remaining the key driver. Public investment growth is likely to moderate, while private investment should pick up in the second half of FY27 as financial conditions loosen, it said.
*Global market action*
Dow Jones – Up by 0.10% or 45.56 points
FTSE – Up by 0.19% or 18.80 points
CAC – Up by 0.43% or 34.61 points
DAX – Up by 0.79% or 188.32 points
Gift Nifty – Down by 0.01% or 3.50 points
*FII/DII activities*
FII – Sold 1944.19Cr worth of shares
DII – Bought 3661.05Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
Indiamart Intermesh Ltd – 90.4%
Torrent Pharma Ltd – 84.2%
UBL – 83.7%
IPCA Labs Ltd – 83.6%
Berger Paints India Ltd – 82%
*Primary market activities*
IPOs opening today
Flywings Simulator Training Center Ltd (NSE SME) – Issue size 57.05Cr
Encompass Design India Ltd (NSE SME) - Issue size 40.21Cr
Methodhub Software Ltd (BSE SME) - Issue size 103.02Cr
Listing today
Purple Wave Infocom Ltd (BSE SME) -Subscribed 6.88x
Logiciel Solutions Ltd (BSE SME) -Subscribed 2.04x
Exato Technologies Ltd (BSE SME) -Subscribed 947.21x
*Commodities updates*
Gold -Rs 127659/10gm, Silver – Rs 174232/kg, Brcrude – Rs 5382/barrel, Copper – Rs 1073.65/kg. | 15 221 |
| 15 | Morning Alert..
*IMF hasn't questioned GDP growth figures, says FM Nirmala Sitharaman*
The ‘C’ rating assigned by the International Monetary Fund (IMF) to India’s national accounts data was linked only to the country’s use of an old base year of 2011-12 for GDP data, and the IMF had not questioned India’s growth numbers, Finance Minister Nirmala Sitharaman said on Wednesday. Terming the debate around the IMF’s rating for India’s national accounts data adequacy “very ill-informed”, the minister said the IMF report released recently mainly talks about India’s overall economic performance which it has praised. The IMF expects India to grow at 6.5 per cent in 2025-26, and has appreciated its macro stability and inflation management, with inflation, she noted, is expected to stay around 2.3 per cent, below the Reserve Bank of India’s tolerance band. The IMF, she said, gives data quality grades for countries from ‘A’ to ‘D’. A ‘B’ rating means data has some shortcomings but is broadly adequate, and ‘C’ means some shortcomings that can “somewhat hamper surveillance”. India got a ‘C’ grade only for its national accounts data because the base year used is still 2011-12. “If my base year is old, obviously the ranking will reflect that,” she said. The government has already decided to update the base year to 2022-23, which will come into effect from 27 February, 2026, she added.
*Global market action*
Dow Jones – Up by 0.17% or 81.22 points
FTSE – Down by 0.10% or 9.73 points
CAC – Down by 0.16% or 12.81 points
DAX – Down by 0.07% or 17.15 points
Gift Nifty – Down by 0.21% or 55.00 points
*FII/DII activities*
FII – Sold 3206.92Cr worth of shares
DII – Bought 4730.41Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.6x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
EIH Ltd – 98.3%
Vijaya Diagnostic Center Ltd – 93.8%
Star Health and Allied Insurance Co Ltd – 92%
Hatson Agro Product Ltd – 89.7%
Indiamart Intermesh Ltd – 89.6%
*Primary market activities*
IPOs opening today
Western Overseas Study Abroad Ltd (BSE SME) – Issue size 10.07Cr
Luxury Time Ltd (BSE SME) - Issue size 18.74Cr
*Commodities updates*
Gold – Rs 127720/10gm, Silver – Rs 178077/kg, Brcrude – Rs 5349/barrel, Copper – Rs 1076.40/kg. | 15 353 |
| 16 | Morning Alert..
*Short-covering drives rupee towards 90 vs dollar as pressure returns*
The rupee’s weakness against the dollar continued on Tuesday, with the Indian currency hurtling toward the closely watched 90 a dollar and facing renewed selling pressure on multiple fronts. Traders said a wave of short-covering (buying back) by speculators, combined with steady dollar demand from importers, kept the currency under pressure throughout the day. The rupee fell up to 89.96 during the day before regaining some strength to settle at 89.88 — a new closing low — against the previous close of 89.56. Its recoup by the end of the trade was likely due to intervention by the Reserve Bank of India (RBI) through dollar sales, said dealers. The 90 mark has become a critical psychological and technical barrier for the market. Dealers said that a cluster of buy-stop orders was likely positioned just above this zone, raising the stakes for the RBI. They said the central bank’s presence was essential at this stage to prevent traders from becoming too comfortable with one-way depreciation. If left unchecked, this can rapidly translate into heightened volatility in the exchange rate. “The RBI must remain active below 90. If the pair starts sustaining above this zone, the market could quickly shift into a higher trending phase toward 91.00 or even more,” said Anindya Banerjee, head, commodity and currency, Kotak Securities.
*Global market action*
Dow Jones – Up by 0.20% or 93.69 points
FTSE – Down by 0.01% or 0.73 points
CAC – Down by 0.28% or 22.39 points
DAX – Up by 0.51% or 121.42 points
Gift Nifty – Down by 0.02% or 4.00 points
*FII/DII activities*
FII – Sold 3642.30Cr worth of shares
DII – Bought 4645.94Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16.6x
*Stocks with high delivery percentage*
P&G Hygiene & Healthcare Ltd – 88.9%
Indiamart Intermesh Ltd – 85.7%
Bikaji Foods International Ltd – 82.7%
Hexaware Technologies Ltd – 80.6%
ICICI Prudential Life Insurance Company Ltd – 78.8%
*Primary market activities*
IPOs opening today
Vidya Wires Ltd (Main board) – Issue size 300.01Cr
Aequs Ltd (Main board) – Issue size 921.81Cr
Meesho Ltd (Main board) - Issue size 5421.20Cr
Listing today
K K Silk Mills Ltd (BSE SME) – Subscribed 5.66x
Mother Nutri Foods Ltd (BSE SME) – Subscribed 15.92x
*Commodities updates*
Gold – Rs 126558/10gm, Silver – Rs 176637/kg, Brcrude – Rs 5311/barrel, Copper – Rs 1047/kg. | 15 110 |
| 17 | Morning Alert..
*IIP growth slips to 14-month low of 0.4% in October as output weakens*
India’s industrial production growth slowed to a 14-month low of 0.4 per cent in October, down from an upwardly revised 4.6 per cent in September, due to fewer working days and a sharp decline in electricity generation, according to data released by the National Statistics Office (NSO) on Monday. The last time Index of Industrial Production (IIP) growth was lower than October’s was in August 2024, when output had flattened. In October 2024, growth in IIP had stood at 3.7 per cent. In the first seven months of the current financial year (April–October), average IIP growth was 2.7 per cent, compared with 4 per cent in the same period of the previous financial year. Data showed that manufacturing output, which accounts for about 78 per cent of the index, grew 1.8 per cent in October, down from 5.6 per cent in September. Mining output contracted for the second consecutive month by 1.8 per cent, while electricity generation fell 6.9 per cent. The statistics ministry credited the decline in electricity generation to an extended monsoon and milder temperatures across several states and Union Territories.
*Global market action*
Dow Jones – Up by 0.07% or 32 points
FTSE – Down by 0.19% or 17.98 points
CAC – Down by 0.32% or 25.71 points
DAX – Down by 1.05% or 247.35 points
Gift Nifty – Down by 0.12% or 31.00 points
*FII/DII activities*
FII – Sold 1171.31Cr worth of shares
DII – Bought 2558.93Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.8x
Nifty Bank – 16.7x
*Stocks with high delivery percentage*
Galaxy Surfactants Ltd – 86.7%
Aadhar Housing Finance Ltd – 86%
Balkrishna Industries Ltd – 84.7%
Vedant Fashion Ltd – 84.3%
Star Health and allied Insurance Co. Ltd – 83.7%
*Primary market activities*
Ipo`s opening today
Neochem Bio Solutions Ltd (NSE SME) – Issue size 44.97Cr
Helloji Holidays Ltd (BSE SME) – Issue size 10.96Cr
Listing today
SSMD Agrotech India Ltd (BSE SME) – Subscribed 1.62x
*Commodities updates*
Gold – Rs 126927/10gm, Silver – Rs 171812/kg, Brcrude – Rs 5322/barrel, Copper – Rs 1036.5/kg. | 14 660 |
| 18 | Morning Alert..
*After robust H1, economists upgrade full-year FY26 growth forecast to 7.5%*
With the first half (H1) gross domestic product (GDP) growth clocking 8 per cent, most economists have now upgraded their full-year 2025-2026 (FY26) growth forecast to 7.5 per cent, or above. Group Chief Economic Adviser at State Bank of India Soumya Kanti Ghosh said, assuming 7.5-7.7 per cent growth in Q3 (October-December) and 7 per cent in Q4 (January-March), the overall growth for FY26 would be approximately 7.6 per cent. Citing high frequency indicators, SBI in a research note said, credit growth of scheduled commercial banks (SCBs) is slowly picking up in the current financial year and grew by 11.3 per cent for the fortnight ended October 31, compared to 11.8 per cent during the same period. Deposits grew 9.7 per cent from last year’s 11.7 per cent during the same fortnight. “There is a one-way causal relationship between GDP and ASCB (all SCB) credit, with increase in credit leading to higher GDP,” it added. Chief Economist at CareEdge Ratings Rajani Sinha said she expected the GDP growth to moderate to around 7 per cent in H2 (October-March) of FY26 as the impact of front loading of exports fades and consumption demand moderates after the festival season.
*Global market action*
Dow Jones – Down by 0.27% or 129.37 points
FTSE – Up by 0.27% or 26.58 points
CAC – Up by 0.29% or 23.24 points
DAX – Up by 0.29% or 68.83 points
Gift Nifty – Up by 0.44% or 116.00 points
*FII/DII activities*
FII – Sold 3795.72Cr worth of shares
DII – Sold 4148.48Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.8x
Nifty Bank – 16.7x
*Stocks with high delivery percentage*
Cera Sanitaryware Ltd – 92.9%
Vedant Fashion Ltd – 89.8%
JK Cement Ltd – 88.3%
Pfizer Ltd – 87.3%
Bharti Hexacom Ltd – 87.1%
*Primary market activities*
IPOs opening today
Ravelcare Ltd (BSE SME) – Issue size 24.10Cr
Clear Secured Services Ltd (NSE SME) – Issue size 85.60Cr
Speb Adhesives Ltd (NSE SME) – Issue size 33.73Cr
Invicta Diagnostics Ltd (NSE SME) – Issue size 28.12Cr
Astron Multigrain Ltd (BSE SME) - Issue size 18.40Cr
*Commodities updates*
Gold – Rs 126927/10gm, Silver – Rs 171812/kg, Brcrude – Rs 5322/barrel, Copper – Rs 1036.50/kg. | 15 556 |
| 19 | Near 3 month Break out above 75🔤🔤🔤🔤 | 19 490 |
| 20 | No text | 18 485 |
