StockReport Archive

Newsletter: 13th May 2025

Q4 Caution for Tata Motors

Aaj Ka Bazaar

Wall Street indices surged on Monday after the US and China reached an agreement to temporarily reduce tariffs, raising hopes for a de-escalation in the global trade war. The S&P 500 and Dow Jones Industrial Average closed at their highest levels since March, gaining 184.28 points to end at 5,844.19, and 1,160.72 points to finish at 42,410.10, respectively. Meanwhile, the Nasdaq Composite jumped 779.43 points to close at 18,708.34 its highest level since February 28. Following the positive momentum from US markets, Asian markets also rallied on optimism surrounding the US-China trade truce. Indian benchmark indices are expected to open on a positive note, driven by the easing of global trade tensions and the understanding to cease hostilities between India and Pakistan. On the stock-specific front, HFCL has secured a purchase order worth Rs. 157 crores from Tera Software Ltd., a consortium partner of ITI Limited, for the supply of various types of optical fiber cables under the BharatNet Phase III project.

Markets Around Us

BSE Sensex – 82,090.97 (-0.50%)

Nifty 50 – 24,806.25 (-0.48%)

Bank Nifty – 55,169.20 (-0.39%)

Dow Jones – 42,326.81 (-0.20%)

Nasdaq – 18,708.34 (4.35%)

FTSE – 8,604.98 (0.58%)

Nikkei 225 – 38,292.73 (1.72%)

Hang Seng – 23,155.62 (-1.67%)

Sector: Automobiles

Tata Motors Q4 Profit likely Halves

Tata Motors will release its Q4 FY25 results on May 13. Analysts expect almost flat revenue growth at ₹1.21 lakh crore, up just 1.1% year-on-year, while net profit may drop sharply by around 58% to ₹7,361 crore due to lower volumes and weak performance in the JLR and passenger vehicle businesses. Commercial vehicle revenue may fall 5%, and passenger vehicles may see a high single-digit decline. JLR’s revenue is expected to dip 3% YoY, though margins may improve slightly. Overall margins are likely to contract by 160 basis points due to poor operating leverage. Investors will be keen on JLR’s FY26 outlook, cost control measures, new model updates, and discounting trends. In India, Tata’s guidance for CV and PV volume growth, market share targets, and EV plans will be closely tracked

Why it Matters:

Tata Motors’ Q4 results matter because a sharp decline in profit, despite stable revenues, could shake investor confidence—especially after a 16% rally in the stock last month. The weak performance in both JLR and domestic vehicle segments raises concerns about demand and cost pressures. Moreover, management commentary on FY26 plans, cost control, new model launches, and the EV roadmap will be crucial in determining the company’s growth outlook and influencing future stock movements.

NIFTY 50 GAINERS

BEL – 333.20 (3.22%)

DRREDDY – 1233.10 (3.14%)

SUNPHARMA– 1718.10 (1.89%)

NIFTY 50 LOSERS

INFY – 1592.40 (-2.12%)

HINDALCO – 640.39 (-1.79%)

ETERNAL – 235.29 (-1.76)

Sector : Pharmaceuticals

Cipla Q4 Earnings likely to rebound

Cipla is set to announce its Q4 FY25 results on May 14, and analysts expect a strong performance driven by steady growth in the US market and a recovery in Indian sales. Revenue is likely to rise 18.6% YoY to ₹6,230 crore, with net profit at ₹860 crore and EBITDA margins improving to 24.5% from 20.2%. Growth is supported by new drug launches in North America, stable sales of respiratory products, and solid performance in South Africa. US sales are expected to touch $235 million, helped by products like gRevlimid, Brovana, and Lanreotide. While some margin pressure may show up due to a high base in Q3, the outlook for FY26 remains positive. Investors should watch for updates on regulatory issues, USFDA inspections, and the company’s plans for complex generics and inhalation therapies. Cipla’s strong product mix, global footprint, and upcoming launches make it one to watch this earnings season.

Why it Matters:

Cipla’s strong Q4 performance highlights its ability to grow in key global markets like the US while bouncing back in India. Improved margins and new product launches signal healthy business fundamentals. Regulatory clarity and future launch plans will guide investor confidence and stock direction.

Around the World

Asian markets mostly moved higher on Tuesday after the U.S. and China announced a major cut in trade tariffs, signaling a clear deescalation in their long-standing trade war. Japan and Australia led the gains, while Chinese stocks lagged due to profit-booking and doubts over fresh stimulus from Beijing. Analysts believe reduced trade tension may delay further fiscal support from China. Meanwhile, investors are watching out for U.S. inflation data, which could affect global sentiment. In India, stocks are likely to open slightly lower after a strong 4% rally in the previous session, which was driven by relief over a U.S.-brokered ceasefire with Pakistan. However, local markets may take a breather now, awaiting key consumer inflation data expected to show further cooling in April. Overall, the tone in Asia is optimistic, but some markets like China and India may see limited upside in the short term due to recent gains and pending data cues.

Option Traders Corner

Max Pain

Nifty 50 – 24850

Bank Nifty – 55000

Nifty 50 – 24749 (Pivot)

Support – 24,554, 24,183, 23,988

Resistance – 25,120, 25,315, 25,686

Bank Nifty – 55135 (Pivot)

Support – 54,805, 54,227, 53,896

Resistance – 55,713, 56,043, 56,621

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.

Weekly Report: 12th May 2025

Weekly Trend Report

Week Gone By

This week, key Indian stock indices faced significant losses due to rising tensions between India and Pakistan following missile and drone attacks. The Sensex and Nifty both dropped over 1%, with the broader market performing even worse. By Friday, May 9, 2025, the Sensex fell 1.30%, losing 1,047.52 points, closing at 79,454.47. Similarly, the Nifty dropped 1.39%, losing 338.7 points, settling at 24,008. The BSE Mid-Cap and Small-Cap indices also saw declines of 1.39% and 1.31%, respectively. On a positive note, India’s Goods and Services Tax (GST) collection reached an all-time high, growing 12.6% year-on-year to Rs 2.37 lakh crore in April. Additionally, foreign currency assets rose by $2.168 billion, bringing the total to $580.663 billion. Despite strong economic data, geopolitical tensions dominated the week, leading to high market volatility

Week Ahead

The domestic stock market is expected to face a bumpy week ahead due to rising tensions between India and Pakistan, which are affecting investor sentiment. However, analysts remain hopeful because of India’s strong economic fundamentals, reduced global risks, and consistent foreign investment. Key economic data is due this week, including India’s wholesale price inflation on May 14 and balance of trade data on May 15. The U.S. will also release its inflation data on May 13, and Federal Reserve Chairman Jerome Powell will give a speech on May 15. The Federal Reserve has kept interest rates steady at 4.25%-4.50% for the third meeting in a row. In the short term, the market is expected to stay within a certain range, but any surprises in inflation or trade data could change the outlook quickly.

Technical Overview

Nifty closed at 24,008, ending the day with a sharp cut of 265 points (-1.10%). The index formed a strong bearish candle, breaking below the short-term support zone and erasing gains from earlier sessions.
The index has now closed near the 20-day EMA, which is acting as immediate support around 24,000. Price is still marginally above the 50-day EMA, but momentum has clearly weakened.
Ichimoku cloud base continues to provide a cushion, but today’s bearish close inside the cloud suggests hesitation. A further close below 23,900 could invite more short-term pressure.
RSI has cooled off to 53.88, reflecting weakening momentum from recent overbought levels. However, it is still above the 50-mark, meaning bullish momentum is not fully lost yet.
The ADX remains elevated (~19), with +DI slightly above -DI, suggesting the trend is still up, but recent weakening of +DI signals that bulls are losing strength.
The MACD remains in the green zone but histogram bars have started shrinking, indicating a fading bullish momentum.
Volumes were on the higher side today, which confirms that the selloff was not just intraday volatility but had institutional participation.
Bearish divergence in RSI played out as the index failed to hold above 24,500 despite making higher highs earlier — suggesting the uptrend may now be transitioning into consolidation or a minor pullback
Structurally, the rising support trendline from March lows has not yet been broken, but it’s now at risk. 24,000–23,900 remains the critical support zone to hold.
Outlook: For the week ahead, holding above the 24,000 level is crucial to keep the possibility of a tactical bounce alive. A breakdown below 24,000 could drag the index toward 23,675–23,500 in the short term. On the upside, resistance remains at 24,500 and 24,775 — only a close above these would reestablish bullish momentum.

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Newsletter: 12th May 2025

Adani Bags Power Deal

Aaj Ka Bazaar

US stocks ended on a positive note on Thursday as the investors cheered a new trade agreement between US and Britain, and signaled traiffs on Chinese goods may fall if the talks go well. Following this development Aisan markets inched higher. Domestically Indian benchmarks are estimated to open lower due to escalating geopolitical tension between India and Pakistan. In stock specific news, Lupin is expected to remain in focus as the company received U.S. drug regulator’s approval for Raltegravir tablets, used to treat HIV-1 infection in adults.

Markets Around Us

BSE Sensex – 81,692.49 (2.82%)

Nifty 50 – 24,690.15 (2.84%)

Bank Nifty – 55,173.25 (2.94%)

Dow Jones – 41,702.38 (1.09%)

Nasdaq – 17,928.92 (0.00%)

FTSE – 8,554.80 (0.27%)

Nikkei 225 – 37,584.53 (0.22%)

Hang Seng – 23,079.88 (0.92%)

Sector: Power

Adani Power Secure ₹2,000 Cr Deal

Adani Power Ltd on Saturday (May 10) said it has secured a contract to supply 1,500 MW of thermal power to Uttar Pradesh at a levelised tariff of Rs. 5.383 per unit, emerging as the lowest bidder in a competitive tender process. The power will be supplied from a greenfield ultra-supercritical thermal power plant with a 2×800 MW configuration (1,500 MW net capacity), which the company will set up in the state under the Design, Build, Finance, Own, and Operate (DBFOO) model. The proposed project, with an estimated investment of around $2 billion (approximately Rs. 16,600 crore), received formal clearance from the Uttar Pradesh cabinet earlier this month. Following the issuance of the Letter of Award (LoA) today, Adani Power is set to enter into a long-term Power Supply Agreement (PSA) with Uttar Pradesh Power Corporation Ltd (UPPCL).

Why it Matters:

This project reinforces Adani Power’s leadership in the energy sector while addressing Uttar Pradesh’s rising power needs. With a $2 billion investment, it will significantly boost local infrastructure, create jobs, and support economic growth. The long-term agreement ensures stable, affordable electricity through advanced thermal technology.

NIFTY 50 GAINERS

ADANIENT – 2400.60 (6.65%)

JIOFIN – 261.10 (5.13%)

SHRIRAMFIN– 631.50 (5.00%)

NIFTY 50 LOSERS

SUNPHARMA – 1686.30 (-3.35%)

INDUSINDBK – 817.50 (-0.09%)

Sector : Banking

SMBC Acquires 20% stake in Yes Bank

Japan’s Sumitomo Mitsui Banking Corp (SMBC) has entered into a definitive agreement on May 9, 2025 to acquire 20% stake in Yes Bank through a sec- ondary stake purchase of 13.19% from SBI and 6.81% aggregate stake from other banks for Rs 13,483 crore at Rs 21.5 per share. State Bank of India will sell the 13.19% stake for Rs 8,889 crore while the other banks together will sell the 6.81% stake for Rs 4,594 crore. The other banks include Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank and Kotak Mahindra Bank. SBI and the seven other banks had invested in the Bank as part of the Yes Bank Reconstruction Scheme in March 2020. The transaction is a significant milestone to drive Yes Bank’s next phase of growth, profitability and value creation and we expect to leverage SMBC’s global expertise in this phase, said the Mumbai-headquartered private lender.

Why it Matters:

This strategic investment by Japan’s SMBC signals renewed global confidence in Yes Bank’s turnaround and growth potential. The deal allows SBI and other Indian banks to partially exit their emergency 2020 investment, unlocking capital. Yes Bank now stands to benefit from SMBC’s global banking expertise, aiding its next phase of growth and profitability.

Around the World

Asian stock markets rose on Monday, led by China, after signs of a trade deal between the U.S. and China lifted investor sentiment. The Shanghai Composite, Hang Seng, and Nifty 50 all posted strong gains, with India’s Nifty jumping nearly 3% as tensions with Pakistan eased following a U.S.-brokered ceasefire. U.S. futures also rallied, indicating positive momentum for global equities. However, gains were capped in some markets due to a sharp drop in pharmaceutical stocks. This came after U.S. President Donald Trump announced plans to cut drug prices by up to 80%, affecting pharma companies in Japan, South Korea, and Australia. Meanwhile, India’s pharma stocks underperformed the broader market. Overall, investors welcomed signs of reduced geopolitical risks and improved trade relations, but remained cautious as the full details of the U.S.-China deal were yet to be disclosed. Market volumes were slightly lower due to holidays in parts of Southeast Asia.

Option Traders Corner

Max Pain

Nifty 50 – 24500

Bank Nifty – 54500

Nifty 50 – 24036 (Pivot)

Support – 23,907, 23,807, 23,679

Resistance – 24,136, 24,264, 24,364

Bank Nifty – 53711 (Pivot)

Support – 53,367, 53,139, 52,795

Resistance – 53,939, 54,282, 54,510

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

Newsletter: 09th May 2025

Strong Quarter for L&T

Aaj Ka Bazaar

Markets Around Us

BSE Sensex – 80,697.58 (-0.06%)

Nifty 50 – 24,097.65 (-0.73%)

Bank Nifty – 53,917.60 (-0.82%)

Dow Jones – 41,408.90 (0.09%)

Nasdaq – 17,928.14 (1.07%)

FTSE – 8,531.61 (-0.32%)

Nikkei 225 – 37,430.55 (1.36%)

Hang Seng – 22,749.48 (-0.12%)

Sector: Civil Construction

L&T Q4 Delivers strong growth

Larsen & Toubro (L&T) delivered a strong operating and financial performance during the quarter, positioning itself as a resilient player in India’s infrastructure and engineering space. Although the company did not exceed street estimates, its robust order book and high order inflows reflect operational strength and bode well for future growth. L&T stands to benefit from the government’s continued push towards infrastructure development and economic growth. The management remains cautiously optimistic, citing India’s resilient macro landscape, government capex, and public-private investment traction in energy transition and real estate as key growth drivers. The company also emphasized prudent capital allocation and liquidity management. It has been performing well with improved operational efficiency and sustained digital adoption. Its strong near term order prospects and confidence in maintaining growth momentum, driven by domestic infrastructure momentum and global energy transitions, position it for continued success in the coming, as Otsuka’s exclusivity comes to an end. The company will enjoy a 180-day sole generic exclusivity, potentially extending further, and is expected to remain the only generic player for most of FY26.

Why it Matters:

L&T’s strong Q4 results highlight its resilience in India’s infrastructure and engineering space. Backed by a healthy order book and execution momentum, the company is well-positioned for sustained growth. Continued government capex and energy transition opportunities further boost its long-term outlook.

NIFTY 50 GAINERS

TITAN – 3514.50 (4.31%)

LT – 3466.20 (4.28%)

BEL– 315.80 (2.82%)

NIFTY 50 LOSERS

POWERGRID – 301.70 (-2.12%)

ICICIBANK – 1414.90 (-1.44%)

EICHERMOT – 5303.00 (-1.29)

Sector : Consumer Durable

Asian Paints Q4 Stays Subdued Again

Asian Paints Limited, India’s largest home decor company, reported a weak performance due to muted demand stemming from customer sentiments, which led to a preference for more affordable options and intense competition, particularly in urban areas. Although sales volume increased marginally on a sequential basis, value growth remained impacted and is expected to continue being affected for a quarter or two. Going forward, we will closely monitor the company’s margin and demand trends, especially as government initiatives aimed at boosting discretionary spending take effect and competitive pressures intensify. These factors will be crucial for evaluating Asian Paints’ performance and strategic positioning in a dynamic market environment.

Why it Matters:

Asian Paints reported a muted Q4 performance amid weak consumer sentiment and heightened competition, especially in urban markets. While volumes saw a slight uptick, value growth remained under pressure and is likely to stay subdued in the near term. The company’s future performance will hinge on margin trends and the impact of government-led discretionary spending initiatives.

Around the World

Asian stock markets mostly rose on Friday, led by Japan’s Nikkei, after the U.S. and U.K. signed a new trade deal framework. This boosted hopes for similar deals, especially with China. The Nikkei jumped 1.5%, supported by a weaker yen, while other Asian indexes like Australia, Singapore, and the Philippines also saw gains. However, China’s markets dipped slightly despite trade data showing stronger-than-expected exports and improving import trends, reflecting stable demand. Investors are now waiting for China’s inflation data due Saturday. U.S. markets had gained the previous night, and futures remained steady during Asian hours. Meanwhile, India’s Nifty 50 edged up slightly despite rising tensions with Pakistan after drone and missile incidents. Overall, markets are reacting positively to easing global trade tensions, though geopolitical risks and upcoming economic data are being watched closely.

Option Traders Corner

Max Pain

Nifty 50 – 24150

Bank Nifty – 54200

Nifty 50 – 24290 (Pivot)

Support – 24,133, 23,993, 23,836

Resistance – 24,430, 24,587, 24,727

Bank Nifty – 54470 (Pivot)

Support – 54,003, 53,641, 53,174

Resistance – 54,832, 55,299, 55,661

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

Newsletter: 08th May 2025

Lupin Targets $395M Market

Aaj Ka Bazaar

Wall Street indices ended higher after the U.S. Federal Reserve chose to keep interest rates unchanged. Fed officials expressed confidence in maintaining the current policy stance, pointing to a still-low unemployment rate and higher inflation. Chairman Powell emphasised the same on Wednesday, stating that the potential drawbacks of waiting for more clarity are relatively minor. Meanwhile, Asian markets were subdued following the Fed’s decision, with the GIFT Nifty trading lower, signaling a weak start for Indian equities. Investor sentiment is also being dampened by escalating geopolitical tensions between India and Pakistan, as well as caution surrounding ongoing trade discussions between China and the United States. Additionally, investors will closely monitor Q4 earnings from key companies, including Larsen & Toubro, Asian Paints, and Titan, which could influence market direction.

Markets Around Us

BSE Sensex – 80,697.58 (-0.06%)

Nifty 50 – 24,379.70 (-0.14%)

Bank Nifty – 54,668.20 (0.10%)

Dow Jones – 41,353.03 (0.58%)

Nasdaq – 17,738.16 (0.27%)

FTSE – 8,559.33 (-0.45%)

Nikkei 225 – 36,890.06 (0.30%)

Hang Seng – 22,941.91 (1.09%)

Sector: Pharma

Lupin Debuts Seizure Drug in US

Lupin Limited has launched eslicarbazepine acetate tablets in the US after securing approval from the US Food and Drug Administration (FDA) for its abbreviated new drug application (ANDA). The product, available in 200 mg, 400 mg, 600 mg, and 800 mg strengths, is the generic equivalent of Sumitomo Pharma America’s Aptiom and is indicated for the treatment of partial-onset seizures in patients aged four years and above. Lupin is among the first ANDA applicants for the drug and is eligible for 180 days of shared generic exclusivity in the US market. This exclusivity period often provides a competitive edge by limiting the number of generic competitors in the initial phase of commercialisation. According to IQVIA MAT data for March 2025, the reference listed drug (RLD), Aptiom, generated estimated annual sales of $395 million in the US. Last month, Lupin launched gTolvaptan (the generic version of Jynarque) in the US, as Otsuka’s exclusivity comes to an end. The company will enjoy a 180-day sole generic exclusivity, potentially extending further, and is expected to remain the only generic player for most of FY26.

Why it Matters:

Lupin’s launch of eslicarbazepine acetate in the US strengthens its neurology portfolio and positions it as a key early entrant in a $395 million market. With 180-day shared generic exclusivity, Lupin gains a crucial competitive edge during the initial phase of commercialization. This move follows the successful launch of gTolvaptan, reinforcing Lupin’s aggressive push into high-value, high-barrier generics in the US.

NIFTY 50 GAINERS

TATAMOTORS – 697.90 (2.59%)

COALINDIA – 389.45 (1.60%)

ADANIPORTS– 1355.00 (1.26%)

NIFTY 50 LOSERS

ETERNAL – 231.86 (-2.13%)

TATACONSUM – 1127.60 (-1.61%)

ITC – 424.30 (-1.59)

Sector : Oil, Gas & Consumable fuel

Coal India Q4FY25 Profit Climbs, Revenue Slip

Coal India delivered a mixed but slightly positive performance in Q4FY25. The annual decline in revenue highlights ongoing top-line pressure, possibly due to weaker pricing or volume trends. Operational efficiencies boosted PAT during the quarter. However, the dip in coal production and near-flat offtake raises concerns about volume growth. The company’s ability to post higher profits despite volume softness reflects resilience, but future growth may depend on reversing the production trend. While Coal India’s fundamentals remain solid, supported by strong cash flows and effective cost management, operational headwinds persist. The sequential dip in margins, coupled with muted production and offtake volumes, indicates near-term challenges. We suggest that investors remain wary, keeping a close watch on volume recovery and input cost trends.

Why it Matters:

Coal India’s Q4FY25 results reflect resilience amid operational headwinds, with improved profitability despite muted production and offtake. However, declining volumes and margin pressure raise caution for future growth. Investors should monitor volume recovery and input cost trends closely.

Around the World

Most Asian currencies remained stable on Thursday as traders awaited clarity from upcoming U.S.-China trade talks. The U.S. dollar stayed strong after the Federal Reserve held interest rates steady and signaled no rate cuts in the near future, putting pressure on Asian currencies. Market sentiment was cautious due to rising military tensions between India and Pakistan. The Chinese yuan dipped slightly even as both countries confirmed trade discussions in Switzerland, with expectations of a U.S.-China deal remaining low. The Japanese yen and South Korean won gained modestly, while the Singapore dollar was flat. The Australian dollar recovered some losses, and the Indian rupee weakened slightly after geopolitical tensions spiked. The Taiwan dollar dropped after volatile moves, but the country stands to gain from any positive outcome in U.S.-China trade relations. Overall, uncertainty over trade, inflation, and interest rates is keeping Asian markets in a tight range, with traders closely watching for any major updates.

Option Traders Corner

Max Pain

Nifty 50 – 24400

Bank Nifty – 54500

Nifty 50 – 24361 (Pivot)

Support – 24,273, 24,131, 24,043

Resistance – 24,502, 24,590, 24,732

Bank Nifty – 54405 (Pivot)

Support – 54,125, 53,640, 53,361

Resistance – 54,890, 55,169, 55,654

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

Newsletter: 07th May 2025

Prestige Estates Breaks Sales Record

Aaj Ka Bazaar

The U.S. markets closed lower on Tuesday after President Donald Trump stated that he would set tariff levels and concessions for trade partners seeking to avoid higher duties, signaling a shift away from reciprocal negotiations. Meanwhile, major Asian markets traded higher in early hours as investors responded positively to news of an upcoming meeting between top U.S. and Chinese trade officials. Back home, Gift Nifty traded at 24,370, indicating a mild gap-down opening of around 50 to 100 points for Indian benchmark indices. This shows a limited impact from rising geopolitical tensions following Operation Sindoor, where India strike on terror camps in Pakistan and POK in retaliation for the April 22 Pahalgam terrorist attack. In a significant development, India finalized a trade deal with the United Kingdom on Tuesday, spurred by recent tariff disruptions linked to Trump’s policies. The agreement is expected to boost bilateral trade in sectors such as whisky, automobiles, and food products. In the stock-specific front, Paytm will remain in focus after the company reported a wider sequential loss for the March quarter, attributed to a one-time employee stock option expense. However, the company expressed confidence in achieving profitability from the April–June quarter onward. Investors are also closely watching for a potential India–U.S. trade agreement, with Trump stating that his administration will review possible deals in the coming two weeks. Additionally, market participants await Coal India’s quarterly results for further cues.

Markets Around Us

BSE Sensex – 80,758.53 (0.15%)

Nifty 50 – 24,431.30 (0.21%)

Bank Nifty – 54,651.75 (0.70%)

Dow Jones – 40,829.00 (-0.95%)

Nasdaq – 17,689.66 (-0.87%)

FTSE – 8,597.42 (0.01%)

Nikkei 225 – 36,839.52 (0.02%)

Hang Seng – 22,775.98 (0.48%)

Sector: Real Estate

Prestige Estates' NCR debut earn big

Real estate firm Prestige Estates Projects Ltd on Tuesday (May 6) said it has recorded over ₹3,000 crore in sales within a week of launching its first residential project in the National Capital Region (NCR). The project, The Prestige City, located in Indirapuram, sold 1,200 units during the initial launch phase. This is the Bengaluru-based real estate group’s maiden foray into NCR’s residential segment. The company attributed the swift sales to a combination of brand trust, strategic location, and demand for premium, well-planned residential communities in urban centres. Spread across 62.5 acres in Indirapuram Extension on National Highway 24, the current launch covered two residential phases,Oakwood and Mulberry, featuring a total of 3,421 homes across 19 towers.

Why it Matters:

Prestige Estates’ record-breaking launch marks its successful entry into the highly competitive NCR real estate market. The swift ₹3,000 crore sales highlight the rising demand for premium, well-planned residential communities in urban hubs. It also reflects growing buyer confidence in established, trusted real estate brands venturing into new regions.

NIFTY 50 GAINERS

TATAMOTORS – 669.75 (3.32%)

BAJFINANCE – 8868.00 (0.80%)

JIOFIN– 252.80 (0.64%)

NIFTY 50 LOSERS

ASIANPAINT – 2380.50 (-1.55%)

LT – 3293.70 (-1.21%)

NTPC – 338.10 (-1.08)

Sector : Minerals

Gujrat Minerals Signs Deal With City Gold Pipes

For supply of 150 MT of limestone from its upcoming Lakhpat Punrajpur Mine Gujarat Mineral Development Corporation (GMDC) has signed a Long-Term Supply Agreement (LSA) with City Gold Pipes (A consortium of Goldcrest Cement and Kailash Darshan Housing Development (Gujarat)) for the supply of 150 million tons of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch District in Gujarat.

Why it Matters:

The long-term agreement secures consistent limestone supply for City Gold Pipes, supporting their cement and infrastructure projects. It ensures steady revenue visibility for GMDC from its upcoming Lakhpat Punrajpur Mine. The deal also highlights Kutch’s growing importance as a mineral resource hub for industrial demand.

Around the World

Asian stock markets mostly moved higher on Wednesday, led by gains in Chinese stocks after news of upcoming trade talks with the U.S. lifted investor hopes of easing trade tensions. Hong Kong’s Hang Seng surged 1.5%, while China’s markets rose about 0.5%, helped by expectations of more economic support from the central bank. U.S. futures also climbed in Asian trading after a weak Wall Street session. However, not all markets were upbeat — Indian stocks faced pressure as military tensions with Pakistan escalated, although futures pointed to a positive open. The conflict follows a recent deadly attack in Kashmir, raising concerns over further instability. Broader Asian markets traded cautiously ahead of a U.S. Federal Reserve meeting, with Australia, Japan, and South Korea posting modest gains. Singapore’s market dipped, pulled down by weaker bank earnings. Overall, sentiment remained mixed, driven by geopolitics, trade talks, and monetary policy expectations.

Option Traders Corner

Nifty 50 – 24400

Bank Nifty – 54500

Nifty 50 – 24407 (Pivot)

Support – 24,304, 24,229, 24,126

Resistance – 24,482, 24,584, 24,660

Bank Nifty – 54493 (Pivot)

Support – 53,950, 53,629, 53,086

Resistance – 54,814, 55,357, 55,678

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

Newsletter: 06th May 2025

Japanese Bank Backs YES Bank

Aaj Ka Bazaar

The Wall Street indices closed lower after U.S. President Donald Trump’s announced of a 100% tariff on movies produced outside the U.S. In the Asia Pacific markets, Japan and South Korea were closed for public holidays, while China returned from a day’s holiday. Australia’s S&P/ASX 200 was muted. Gift Nifty trading at 24,580 signals a downward opening for the Indian market benchmark indices. As the day proceeds, Ather Energy, an e-scooter maker’s IPO, is set to list on the stock market today. In the stock-specific news, Glenmark Pharmaceuticals will remain in focus as the company has received U.S. FDA approval for a blood cancer drug. Investors await the U.S. Federal Reserve’s policy announcement, in which the central bank is largely expected to keep interest rates unchanged. Also, their radar will be on India’s and China’s Services PMI Final data for April, scheduled for release today.

Markets Around Us

BSE Sensex – 80,595.40 (-0.25%)

Nifty 50 – 24,393.10 (-0.28%)

Bank Nifty – 54,648.25 (-0.50%)

Dow Jones – 41,173.43 (-0.11%)

Nasdaq – 17,844.24 (-0.74%)

FTSE – 8,596.35 (1.16%)

Nikkei 225 – 36,830.69 (0.00%)

Hang Seng – 22,658.98 (0.68%)

Sector: Banking

Yes Bank Soars 9%

YES Bank shares jumped over 9% on May 6 after reports said Japan’s Sumitomo Mitsui Banking Corp (SMBC) got approval from the Reserve Bank of India (RBI) to buy a 51% stake in the bank. The deal is expected to value YES Bank at around $1.7 billion. SMBC may either acquire up to 26% first triggering an open offer or take a smaller stake initially, followed by a merger through a share swap. This potential deal offers an exit opportunity for State Bank of India and other banks that rescued YES Bank during its 2020 crisis. Big banks like Axis Bank, HDFC Bank, and Kotak Mahindra Bank are expected to start selling their shares to SMBC in phases. The deal also includes certain voting rights and control assurances for SMBC. Last year, talks with other Japanese banks didn’t work out as they wanted more relaxed voting rights.

Why it Matters:

This deal matters because it brings fresh foreign investment and marks a major milestone in YES Bank’s recovery journey. It also allows key Indian banks like SBI and HDFC to gradually exit their crisis-time holdings. With SMBC set to take control, the bank’s future strategy and market position could see a strong shift.

NIFTY 50 GAINERS

M&M – 3101.50 (2.65%)

HEROMOTOCO – 3851.90 (2.24%)

EICHERMOT– 5576.00 (2.12%)

NIFTY 50 LOSERS

CIPLA – 1507.20 (-2.31%)

JIOFIN – 254.60 (-2.30%)

BAJFINANCE – 8756.00 (-1.97)

Sector : Tea & Coffee

CCL Products Surge on Strong Q4 Earnings

Shares of CCL Products surged over 15% to ₹684 on May 6 after the company reported strong results for the January-March quarter of FY25. Its net profit jumped 56.35% year-on-year to ₹101.9 crore, driven by higher demand, better operational efficiency, and increased export volumes. Revenue from operations rose 15% to ₹836 crore, supported by strong performance from its expanded Vietnam facility. EBITDA grew 38.3% to ₹163.3 crore, with margins improving to 19.5% from 16.3%, thanks to better cost control and increased sales of premium products. Despite the recent rally, CCL’s stock is still down over 18% for the year, while the Nifty 50 is up by 3%. CCL Products is a leading private-label instant coffee manufacturer, supplying brands in 90 countries, with over 90% of its revenue coming from exports to Europe, North America, and Asia. The company operates four manufacturing plants in India, Vietnam, and Switzerland.

Why it Matters:

This matters because CCL Products delivered a strong earnings rebound despite a weak stock performance this year. Rising profits, improved margins, and strong export demand signal operational strength and global market resilience. It positions the company well for future growth in the premium coffee segment.

Around the World

Asian currencies mostly weakened on Tuesday as the US dollar held steady, with markets watching for updates on US-China trade talks and an upcoming Federal Reserve meeting. Trading volumes were low due to holidays in Japan and South Korea, while Chinese markets reopened after their Labor Day break. The Chinese yuan jumped to a six-week high on hopes of progress in trade discussions. Meanwhile, the Taiwan dollar dropped sharply, making it Asia’s weakest performer, while the Indian rupee, Singapore dollar, and South Korean won saw modest losses against the US dollar. The Australian dollar slipped after strong gains last week. The US dollar held recent gains but remained down over the past three months, weighed by concerns over the US economy and ongoing policy uncertainty. Investors are now focusing on the Federal Reserve’s meeting, where interest rates are expected to remain unchanged amid weak economic signals and persistent inflation

Option Traders Corner

Max Pain

Nifty 50 – 24400

Bank Nifty – 54700

Nifty 50 – 24462 (Pivot)

Support – 24,399, 24,336, 24,273

Resistance – 24,524, 24,588, 24,650

Bank Nifty – 55017 (Pivot)

Support – 54,688, 54,458, 54,129

Resistance – 55,247, 55,576, 55,806

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Weekly Report: 05th May 2025

Weekly Trend Report

Week Gone By

The stock market ended the shortened week with solid gains, driven by strong company earnings and positive economic data from India. The market closed higher in three out of four sessions. Investors are now keeping an eye on global events, including geopolitical tensions, tariff issues, and overall market trends. On Friday, Indian markets posted small gains, helped by hopes around US-India trade talks and fresh buying by foreign investors. Globally, some concerns emerged as US consumer confidence fell sharply in April, hitting its lowest level since May 2020. Meanwhile, Japan’s industrial output dropped by 1.1% in March, more than twice what analysts had expected. Overall, while domestic markets remain supported by strong earnings and improving economic signs, global developments will continue to play a key role in shaping investor sentiment in the coming days.

Week Ahead

The Indian stock market is expected to stay positive next week, supported by strong local economic conditions, reduced global risks, and steady buying by foreign investors. The ongoing Q4 results season will be a key factor in deciding the market’s direction. Several important companies are set to announce their results next week. On Saturday, 3 May 2025, Avenue Supermarts (DMART), Kotak Mahindra Bank, and State Bank of India will share their quarterly numbers. Globally, a few major events are lined up too. The US will release its ISM Services PMI data for April on Monday, 5 May 2025. On Wednesday, 7 May 2025, the US Federal Reserve will announce its decision on interest rates. Finally, China’s trade data for April will be out on Friday, 9 May 2025. All these updates will likely influence market mood in the coming days.

Technical Overview

Nifty ended the session at 24,346, showing a muted close with marginal gains. The price action formed a small-bodied candle near the upper end of the recent trading range, reflecting a state of indecision after a sharp rally.
The index continues to trade firmly above both the 20-day and 50-day EMAs, suggesting short-term and medium-term trend alignment in favor of the bulls. The slope of both averages remains positive, providing dynamic support in case of pullbacks.
Price is also holding above the Ichimoku cloud on the daily timeframe, reflecting a technically strong setup. However, the upper cloud band now coincides with recent price highs, making it a zone to monitor for profit booking.
The RSI remains elevated at 65, staying in bullish terrain but showing early signs of flattening — an indication that momentum is steady but not accelerating further.
The ADX-DMI structure remains in favor of buyers, with the +DI above -DI and ADX line rising, reflecting trend strength. However, the angle of ascent has reduced, pointing to some moderation in momentum.
MACD remains in buy mode, with the histogram showing continued positive momentum, though the bars are narrowing slightly — signaling some exhaustion near short-term highs.
Recent sessions have seen volume expansion on green candles, which is a positive sign. However, the current candle lacked follow-through buying interest, hinting at short-term fatigue near 24,350–24,400.
Structurally, the price has formed higher highs and higher lows, confirming a short-term uptrend. But Friday’s candle looks like a pause, possibly forming a short consolidation or flag before a further directional move.
Gap support exists near 23,900–24,000, which coincides with the 20-DMA and recent breakout levels. This zone will be crucial to hold to avoid deeper retracement.
Outlook: Nifty has managed to defend the 24,000 mark, which is now a key pivot. On the weekly chart, the index attempted to break above the 24,500 mark but failed to hold on a closing basis, indicating supply pressure near this level. Going forward, sustaining above 24,000 is essential, and a decisive close above 24,500 would open the path toward the 24,775–25,035 zone.

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Newsletter: 05th May 2025

Marico Reports Strong Q4

Aaj Ka Bazaar

The Wall Street equities ended higher on Friday after data showed the U.S. economy added more jobs than expected in April and on hopes of easing the U.S.-China trade war. Major Asian markets, such as Japan, South Korea, Hong Kong, and China, were closed for public holidays. The Australian market was lower after incumbent Prime Minister Anthony Albanese secured a second term. Gifty Nifty, which was trading higher, indicates a positive start to the week in the Indian market, supported by easing global trade tensions, robust U.S. employment data and sustained foreign investor inflows. On the stock-specific front, Adani group stocks will remain in focus as it is reported that the representatives of the conglomerate met U.S. President Donald Trump’s officials to seek a dismissal of the criminal charges against key group officials in an overseas bribery probe. Investors will likely keep an eye on fourth quarter results, including those from Mahindra & Mahindra and Indian Hotels Co.

Markets Around Us

BSE Sensex – 80,901.23 (0.50%)

Nifty 50 – 24,468.65 (0.50%)

Bank Nifty – 55,059.20 (-0.10%)

Dow Jones – 41,051.21 (-0.64%)

Nasdaq – 17,977.73 (1.51%)

FTSE – 8,596.35 (1.16%)

Nikkei 225 – 36,830.69 (0.00%)

Hang Seng – 22,504.68 (0.00%)

Sector: FMCG

Marico Q4 Profit Rises, Revenue Surge

Marico’s shares jumped after posting better-than-expected Q4 results. The company reported an 8% rise in net profit to ₹343 crore for the March 2025 quarter, supported by steady rural demand and higher sales of premium products. Revenue grew 20% year-on-year to ₹2,730 crore, driven by strong core category performance and new product success. Parachute Coconut Oil saw a 22% rise in value growth, though volumes dipped 1% due to price hikes. Marico expects demand in core categories to improve as inflation eases and a good monsoon season boosts consumption. The company is also working to expand its retail reach and support trade partners through its Project SETU initiative. For FY26, Marico aims for double-digit revenue and profit growth, with over 5% volume growth. Investors remain positive on Marico’s steady execution and premiumisation strategy in a gradually improving consumption environment.

Why it Matters:

Marico’s strong Q4 results highlight steady rural demand and the growing success of its premium products. The company’s positive outlook for FY26, backed by easing inflation and a good monsoon forecast, signals sustained growth momentum. This reinforces improving sentiment in the consumer staples and FMCG space, making it a sector to watch.

NIFTY 50 GAINERS

ADANIPORTS – 1309.80 (3.37%)

TRENT – 5297.50 (2.90%)

SHRIRAMFIN– 621.50 (2.86%)

NIFTY 50 LOSERS

KOTAKBANK – 2076.20 (-4.99%)

SBIN – 788.40 (-1.45%)

ONGC – 240.56 (-1.77)

Sector : Banking

AU Small Finance Equity Changes Hands

On May 5, about 1.4% of AU Small Finance Bank’s equity changed hands through block deals worth ₹600 crore, causing the stock to dip 0.7% in early trade. Reports suggest private equity firms like True North, Indium IV (Mauritius), and Silver Leaf Oak were the sellers of 92.3 lakh shares at ₹650 per share — a 3.9% discount to the last closing price. The deal provided a partial exit for these investors, with Kotak Securities and Investec Capital acting as bankers. This comes as private equity players are actively monetising stakes in banks, encouraged by strong earnings and stable asset quality in the sector. Recently, AU Small Finance Bank reported a strong Q4FY25 performance with a 36% rise in net profit to ₹503.7 crore and a 51% jump in net interest income. The board also announced a dividend of Re 1 per share, reflecting confidence in the bank’s growth outlook.

Why it Matters:

AU Small Finance Bank saw a ₹600 crore block deal, with 1.4% equity changing hands as private equity firms like True North and Indium IV sold stakes at a discount. This comes despite the bank’s strong Q4 earnings growth, showing how investors are booking profits amid sector optimism. The move also reflects a growing trend of private equity firms monetising stakes in financial stocks as valuations recover.

Around the World

Asian stock markets rose sharply on Friday, taking positive cues from Wall Street’s strong overnight performance. Hong Kong led the rally as hopes for trade talks between China and the U.S. lifted investor sentiment. China announced it was open to discussions if the U.S. removed tariffs, easing fears of a global trade war. With mainland China markets closed for a holiday, Hong Kong-listed stocks like Alibaba and Xiaomi saw strong gains. Other Asian markets also moved higher — Australia’s ASX 200 rose after steady retail sales data, while Japan’s Nikkei gained despite the Bank of Japan lowering its growth outlook. South Korea, Singapore, and India’s markets followed with modest increases. U.S. stock futures also climbed in Asian hours, reflecting improved market mood over easing trade tensions and corporate earnings optimism. Overall, the day’s rally highlighted how global markets remain sensitive to geopolitical developments and central bank signals.

Option Traders Corner

Max Pain

Nifty 50 – 24400

Bank Nifty – 54800

Nifty 50 – 24391 (Pivot)

Support – 24,193, 24,040, 23,843

Resistance – 24,544, 24,742, 24,895

Bank Nifty – 55267 (Pivot)

Support – 54,842, 54,569, 54,144

Resistance – 55,540, 55,964, 56,237

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India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024

Newsletter: 02nd May 2025

Puravankara Plans ₹300Cr Raise

Aaj Ka Bazaar

The US market rose overnight as upbeat earnings news from software giant Microsoft and Facebook parent Meta Platforms helped ease concerns about AI spending and looked for signs of easing tensions in the US-China trade dispute. Economic data on the session painted a sluggish picture, with US manufacturing contracting for a second straight month in April and initial unemployment claims posting an unexpected increase last week. Asian markets were mostly higher this morning as news of trade talks between China and the US helped offset disappointing earnings from Apple Inc. and Amazon. Meanwhile, China said it is assessing the possibility of trade talks with the US after senior US officials repeatedly expressed their willingness to negotiate on tariffs. Indian market looks set to open a tad higher on Friday as markets resume trading after a holiday on Thursday. Stock-specific action is likely as investors react to the latest earnings results and mixed sales figures from automobile companies in April.

Markets Around Us

BSE Sensex – 80,650.69 (0.51%)

Nifty 50 – 24,429.35 (0.39%)

Bank Nifty – 55,378.40 (0.53%)

Dow Jones – 41,099.43 (0.85%)

Nasdaq – 17,710.74 (1.52%)

FTSE – 8,496.80 (0.02%)

Nikkei 225 – 36,734.90 (0.78%)

Hang Seng – 22,456.82 (1.64%)

Sector: Residential Commercial Projects

Puravankara Plans ₹300- Cr fundraise

Real estate firm Puravankara Limited announced that its board of directors will meet on Tuesday, May 6, to consider a proposal for raising funds up to ₹300 crore through the issuance of secured, redeemable, unlisted, and unrated non-convertible debentures (NCDs) on a private placement basis. The company plans to issue up to 3,000 NCDs with a face value of ₹10 lakh each. The fund-raising will be undertaken in one or more tranches, in accordance with the relevant provisions of the Companies Act, 2013, and applicable rules, including those governing share capital and debenture issuance. Puravankara stated that the fundraising proposal, if approved, will be subject to necessary regulatory and statutory clearances. The terms and structure of the issuance will be decided at the board’s discretion.

Why it Matters:

This fundraise will bolster Puravankara’s capital for new projects and debt management. Opting for private placement signals financial confidence and strategic fund sourcing. It also reflects the company’s positive outlook on real estate market opportunities.

NIFTY 50 GAINERS

ADANIPORTS – 1266.00 (4.07%)

HINDALCO – 648.35 (3.79%)

MARUTI– 12677.00 (3.43%)

NIFTY 50 LOSERS

EICHERMOT – 5476.00 (-1.63%)

NESTLEIND – 2358.50 (-1.24%)

BAJAJFINSV – 1940.90 (-0.55)

Sector : Civil Construction

NBCC Bags orders worth Rs 96 Cr

NBCC India Ltd in its intimation to the National Stock Exchange of India and the BSE (Bombay Stock Exchange) on Thursday, 1 May 2025 said that it has re- ceived work order. As per the Intimation about the work order received by NBCC in normal course of business, amounting Rs. 95.66 Crore (Approx.), it said that NBCC (India) Limited has recently been awarded order for the Renovation work of Sushma Swaraj Institute of Foreign Service, New Delhi. The approximated value of order intimated by NBCC is ₹95.66 crore excluding the Goods and Services Tax or the GST.

Why it Matters:

The ₹95.66 crore order strengthens NBCC’s order book and business momentum. It highlights NBCC’s continued dominance in government infrastructure projects. The project adds prestige by associating with a key diplomatic institution.

Around the World

Option Traders Corner

Max Pain

Nifty 50 – 24200

Bank Nifty – 54900

Nifty 50 – 24309 (Pivot)

Support – 24,223, 24,112, 24,025

Resistance – 24,420, 24,501, 24,618

Bank Nifty – 55096 (Pivot)

Support – 54,714, 54,341, 53,959

Resistance – 55,469, 55,850, 56,223