Newsletter: 16th May 2025

Bajaj Powers International Growth

Aaj Ka Bazaar

Wall Street indices ended mixed on Thursday, influenced by optimism over a temporary reduction in tariff rates between the US and China. The S&P 500 gained 0.41% to close at 5,916.93, while the Dow Jones Industrial Average advanced 0.65% to 42,322.75. In contrast, the Nasdaq slipped 0.18% to 19,112.32. Asian markets mostly traded lower as investors assessed Japan’s latest GDP figures and awaited further economic data from the region. Indian benchmark indices are expected to open on a positive note, as indicated by GIFT Nifty trading higher. Investor sentiment is likely to be driven by US President Donald Trump’s comments on the India-US trade deal, ongoing corporate earnings announcements, and foreign investor inflows. On the stock-specific front, Biocon’s subsidiary, Biocon Pharma, has received approval for Rivaroxaban tablets, a drug used to reduce the risk of stroke and systemic embolism in patients with nonvalvular atrial fibrillation.

Markets Around Us

BSE Sensex – 82,462.38 (-0.08%)

 

Nifty 50 – 25,015.65 (-0.19%)

 

Bank Nifty – 55,234.60 (-0.22%)

 

Dow Jones – 42,342.16 (0.05%)

 

Nasdaq – 19,112.32 (-0.18%)

 

FTSE – 8,633.75 (0.56%)

 

Nikkei 225 – 37,689.03 (-0.18%)

 

Hang Seng – 23,276.23 (-0.75%)

Sector: Automobiles

Bajaj Boosts Global Presence With Investment

Bajaj Auto International Holdings BV (BAIH BV), a wholly owned subsidiary of Bajaj Auto Ltd, has received board approval for an additional capital infusion of €125 million (₹1,199.92 crore) to support investment opportunities. The Netherlands-based entity plays a key role in Bajaj Auto’s global expansion strategy, and this funding reinforces its commitment to international growth. With a turnover of ₹19.09 crore and a net worth of ₹5,487.75 crore, BAIH BV is integral to Bajaj Auto’s international expansion. The Netherlands-based unit has been instrumental in extending the company’s global reach beyond its core Indian market. As Bajaj Auto navigates evolving market dynamics, the capital infusion into BAIH BV underscores its strategy to strengthen investment capabilities and drive growth in international markets.

Why it Matters:

This capital infusion signals Bajaj Auto’s strong commitment to global growth, enabling its international arm BAIH BV to explore new investment opportunities. It reinforces the company’s strategy of expanding beyond India and deepening its presence in key overseas markets. Backed by solid financials, BAIH BV remains a crucial lever for Bajaj’s long-term international ambitions.

 NIFTY 50 GAINERS

BEL – 358.40 (2.28%)

EICHERMOT – 5535.00 (1.26%)

ETERNAL – 245.53 (1.21%) 

NIFTY 50 LOSERS

BHARTIARTL – 1819.40 (-2.56%)

INDUSINDBK – 763.10 (-2.23%)

HCLTECH – 1676.30 (-1.16)

Sector : Telecom

Bharti Airtel Stake Sale by promoters

Bharti Airtel Ltd. promoter entity Singtel is set to sell shares worth Rs 8,568 crore through open market transactions on Friday, according to sources. The Singaporean telecommunications conglomerate, which owns Airtel shares via its arm Pastel Ltd., plans to float around 4.76 crore shares. The floor price for the block deal is set at Rs 1,800 apiece, a 3.6% discount to the last closing. Multinational investment bank JPMorgan is the broker to the deal. Singtel owned 9.49% equity in Bharti Airtel as of March 2025. The company has been a strategic investor in India’s major telecom giant since 2000. It divested a 3.3% stake in 2022 for Rs 12,895 crore to Bharti Telecom, Airtel’s holding company, as per media reports. Last year, it sold a 0.8% stake for Rs 5,850 crore to Rajiv Jain’s GQG Partners.

Why it Matters:

Singtel’s ₹8,568 crore share sale signals a strategic trimming of its long-held stake in Bharti Airtel, potentially altering the stock’s ownership dynamics. As a major promoter since 2000, its gradual exit raises questions on future involvement. The block deal may impact Airtel’s stock price and investor sentiment in the short term.

Desh Duniya Bazaar

Around the World

Asian markets were mostly flat to negative on Friday. Japan’s Nikkei dropped after its Q1 GDP shrank 0.7%—much worse than expected—mainly due to weak exports and low local spending. This raised hopes that the Bank of Japan might pause rate hikes. Meanwhile, Hong Kong’s Hang Seng fell over 1% as Alibaba shares tumbled 5% after missing Q4 revenue and cloud earnings estimates. JD.com also declined, showing weak consumer demand in China. However, Netease surged over 15% on strong results. Chinese indices fell slightly, but still ended the week higher due to a temporary trade tariff cut between the U.S. and China. Investors, however, remain cautious as no permanent trade deal is in sight. Australian stocks outperformed, with the ASX 200 hitting a two-month high on hopes of a rate cut. U.S. futures traded mildly lower, while Gift Nifty hinted at a soft opening in India after a strong rally earlier this week.

Option Traders Corner

Max Pain

Nifty 50 – 25000

Bank Nifty – 55000

Nifty 50 – 24890 (Pivot)

Support – 24,665, 24,269, 24,043

Resistance – 25,287, 25,512, 25,909

Bank Nifty – 55096 (Pivot)

Support – 54,701, 54,047, 53,653

Resistance – 55,750, 56,144, 56,798

 Have you checked our latest YouTube Video

Did you know?

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.

Newsletter: 15th May 2025

Eicher Hits New Milestone

Aaj Ka Bazaar

Wall Street indices traded mixed on Wednesday as investors awaited the next round of economic data after a strong start to the week, driven by softer inflation data and easing of US-China trade tensions. The Dow Jones Industrial Average declined by 89.37 points to 42,051.06, while the S&P 500 edged up 6.03 points to 5,892.58. Asian markets fell after five consecutive sessions of gains. Japan’s Nikkei 225 fell 1.09%, Hong Kong’s Hang Seng dropped 0.5%, and China’s CSI 300 slipped 0.93%. Indian benchmark indices are expected to open on a positive note, supported by strong quarterly earnings and trading activities of foreign investors. Market participants are also closely watching for a speech by US Federal Reserve Chair Jerome Powell later in the day. On the stock-specific front, real estate developer Brigade Enterprises Ltd. announced the acquisition of a prime 5.41-acre land parcel on Velachery Road in Chennai for Rs. 441.7 crores. The planned development will span 0.8 million square feet and is expected to yield a gross development value (GDV) of approximately Rs. 1,600 crores.

Markets Around Us

BSE Sensex 81,142.88 (-0.23%)

Nifty 5024,611.70 (-0.22%)

Bank Nifty54,618.70 (-0.33%)

Dow Jones41,904.61 (-0.35%)

Nasdaq 19,146.81 (0.72%)

FTSE 8,585.01 (-0.21%)

Nikkei 22537,719.63 (-1.07%)

Hang Seng 23,588.93 (-0.22%)

Sector: Automobiles

Eicher Motors Q4: Volume Fuels Growth

Eicher Motors has demonstrated remarkable strategic resilience and brand strength during the quarter, particularly through the performance of Royal Enfield. The milestone of selling over one million motorcycles in a year for the first time reflects both effective product innovation and a strong customer connection. Despite a competitive market, Royal Enfield remained focused, launching six new models that blended heritage with modern performance and growing its global presence through new CKD operations. The company’s entry into electric mobility with the Flying Flea model demonstrates its progressive mindset, positioning it well for the evolving urban mobility landscape. Additionally, its strong international growth, brand recognition for product quality, and community building initiatives like Motoverse reinforce Royal Enfield’s cultural significance and global aspirations. In commercial vehicles, VECV’s ability to grow volumes and maintain its leadership in the LMD segment showcases operational strength. Its ongoing innovations, such as LNG-powered trucks and EV expansion, showcase a clear alignment with future trends in logistics and sustainability.

Why it Matters:

Eicher Motors’ record-breaking Royal Enfield sales and global expansion highlight strong brand equity and strategic execution. Its entry into electric and LNG-powered vehicles signals a clear focus on future mobility trends. Consistent performance in the commercial vehicle space further cements its leadership and operational strength.

 NIFTY 50 GAINERS

JSWSTEEL – 1012.50 (2.35%)

HEROMOTOCO – 4149.00 (2.01%)

SHRIRAMFIN– 658.40 (0.99%)

 

NIFTY 50 LOSERS

POWERGRID – 291.90 (-1.37%)

DRREDDY – 1206.00 (-1.15%)

NTPC – 334.65 (-1.15)

Sector : IT

Infosys Exists Japan JV with Mitsubishi

Infosys Ltd announced the completion of a stake sale in its Japan-based joint venture, HIPUS, to Mitsubishi Heavy Industries (MHI). The move follows an earlier announcement on April 17, 2025, about MHI joining the Infosys-led HIPUS as a strategic investor. HIPUS, focuses on delivering high-quality end-to end procurement solutions, leveraging digital platforms and sourcing expertise for Japanese corporations. Infosys held a majority stake in the joint venture. MHI, a long-standing client of HIPUS, has now acquired a 2% stake from Infosys to deepen its collaboration and explore new business opportunities in the Japanese market. MHI is among the world’s leading industrial groups, operating across energy, infrastructure, machinery, aerospace, and defence sectors. The transaction closed on May 14, 2025, ahead of the previously expected timeline of Q1 FY26, and was subject to standard closing conditions.

Why it Matters:

The stake sale marks Infosys’ strategic exit, allowing Mitsubishi Heavy Industries to deepen its role in HIPUS and drive localized growth. It strengthens MHI’s digital procurement capabilities while reinforcing Infosys’ focus on asset-light, partnership-driven models. The early closure reflects strong alignment and mutual confidence between the two firms.

Desh Duniya Bazaar

Around the World

Asian markets cooled off on Thursday after a strong tech-led rally earlier in the week. Investors are now waiting for Alibaba’s earnings, which could reflect better Chinese consumer and cloud demand. Optimism over a U.S.-China trade deal is fading, as tariffs still remain high. Regional markets were mixed after a flat Wall Street close, and attention is now on a speech by U.S. Fed Chair Jerome Powell. Japan’s Nikkei dropped over 1% ahead of GDP data expected to show a contraction due to weak spending, though higher wages may support growth later in the year. China’s markets slipped slightly but held weekly gains. Tech stocks, especially those linked to AI, saw some pressure after a warning from Coreweave on rising costs. Meanwhile, Australia’s better-than-expected jobs report reduced chances of a rate cut, lifting the ASX slightly. Singapore’s market edged higher, while Indian markets may open softer after recent gains from easing geopolitical tensions.

Option Traders Corner

Max Pain

Nifty 50 – 24500

Bank Nifty – 54800

Nifty 50 – 24656 (Pivot)

Support – 24,545, 24,424, 24,313

Resistance – 24,777, 24,888, 25,009

Bank Nifty – 54833 (Pivot)

Support – 54,458, 54,116, 53,741

Resistance – 55,176, 55,551, 55,893

 Have you checked our latest YouTube Video

Did you know?

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.

Newsletter: 14th May 2025

Hero MotoCorp Powers Ahead, Eyes Europe

Aaj Ka Bazaar

Wall Street indices, except the Dow Jones, rose on Tuesday after US consumer inflation data for April came in lower than expected. The S&P 500 climbed 42.36 points to close at 5,886.55, while the Nasdaq Composite advanced 301.74 points to 19,010.09. However, the Dow Jones Industrial Average slipped 269.67 points to 42,140.43, dragged down by a decline in UnitedHealth shares after the company suspended its annual forecast and its CEO resigned. Asian markets traded cautiously as investors awaited further clarity following the sharp rebound in US markets, which recovered losses on signs of easing trade tensions. Following the global cues, Indian benchmark indices are expected to open on a positive note, with GIFT Nifty indicating a strong start in the green. On the stock-specific front, ITD Cementation India has secured a Rs. 593 crore order for construction work at Jaipur International Airport in Rajasthan.

Markets Around Us

BSE Sensex 81,621.95 (0.58%)

Nifty 5024,736.10 (0.64%)

Bank Nifty55,003.35 (0.11%)

Dow Jones42,200.14 (0.14%)

Nasdaq 19,010.08 (1.61%)

FTSE 8,602.92 (-0.02%)

Nikkei 22538,022.45 (-0.42%)

Hang Seng 23,438.11 (1.41%)

Sector: Automobiles

Hero MotoCorp Q4 Profit Beats Estimates

Hero MotoCorp posted a strong Q4 performance, standing out in a weak two-wheeler market and reinforcing its leadership despite slightly lower sales volumes. The company is seeing good momentum in more profitable segments like 125cc bikes, scooters, and electric vehicles, helped by successful new launches such as the Xpulse 210 and Xoom 160. It’s also working to make the brand more aspirational through efforts like a deeper partnership with Harley-Davidson and high-impact marketing. International expansion is a clear focus Hero has started setting up operations in Southeast Asia, entered Brazil, and is planning to enter Europe and the UK by late 2025. In the electric vehicle space, Hero is being proactive, using both in-house products and strategic investments to stay ahead of market and regulatory shifts. This combination of strong execution, product innovation, and global ambition puts the company in a solid position for future growth.

Why it Matters:

Hero MotoCorp’s strong Q4 performance is important because it shows the company can grow profits even when the overall two-wheeler market is weak. Its focus on higher-margin products, electric vehicles, and global expansion indicates a clear strategy for long-term growth. These moves not only strengthen its market position but also build investor confidence as the company adapts to changing consumer preferences and regulatory trends.

 NIFTY 50 GAINERS

TATASTEEL – 156.70 (4.87%)

SHRIRAMFIN – 654.05 (3.23%)

HINDALCO– 649.30 (2.29%)

 

NIFTY 50 LOSERS

ASIANPAINT – 2292.10 (-1.40%)

TATAMOTORS – 698.60 (-1.29%)

CIPLA – 1504.40 (-1.03)

Sector : Telecom

Bharti Airtel Profit jumps on Tariffs

Bharti Airtel posted a strong result in Q4FY25, supported by increased tariffs. The company’s ARPU of Rs. 245 remained the highest in the industry. This reflects the positive absorption of tariff hikes, robust smartphone data customer additions, and an improved customer mix. The company is expected to continue this growth trajectory, driven by a sustained focus on premiumizing the portfolio with quality customers and the consolidation of Indus Towers. The company continues to diversify its portfolio to drive long-term growth. Its recent partnership with SpaceX’s Starlink will help expand internet access in remote areas, boosting future revenue. Looking ahead, the company’s strategic partnership, gaining market share and enhanced ability to meet the customer’s overall needs are expected to drive its overall performance in the long run. Key areas to monitor will include progress on 5G adoption, capital expenditure trajectory, trends in prepaid-to-postpaid conversions, and traction in home broadband.

Why it Matters:

Bharti Airtel’s strong Q4 results highlight its ability to grow profits through tariff hikes and a high-quality customer base. Its leadership in ARPU and strategic moves like the Starlink partnership position it well for long-term growth. Monitoring 5G rollout, capex trends, and broadband traction will be key for future performance.

Desh Duniya Bazaar

Around the World

Asian stock markets were mixed on Wednesday. Hong Kong and South Korea gained over 1.5%, helped by strong tech performance on Wall Street, especially NVIDIA’s rally after a major AI chip deal. Japan’s markets, however, fell as the yen strengthened due to rising expectations of a Bank of Japan rate hike, which hurts exporters. U.S.-China trade tensions eased slightly, with both countries agreeing to temporarily cut tariffs for 90 days, but the rally from that news seemed to fade as focus shifted to upcoming trade talks. Chinese markets were flat, as the tariff deal reduced hopes for more government stimulus. Elsewhere, markets in Australia and Singapore were slightly lower, and India’s futures remained flat due to geopolitical tensions. The next key watch will be the BOJ meeting on May 19-20, where rate decisions may impact Japanese markets further, especially with wholesale inflation rising to 4% in April, keeping pressure on policy tightening.

Option Traders Corner

Max Pain

Nifty 50 – 24600

Bank Nifty – 55000

Nifty 50 – 24699 (Pivot)

Support – 24,425, 24,273, 23,999

Resistance – 24,852, 25,126, 25,278

Bank Nifty – 55109 (Pivot)

Support – 54,719, 54,498, 54,108

Resistance – 55,330, 55,720, 55,941

 Have you checked our latest YouTube Video

Did you know?

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.

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 5024,806.25 (-0.48%)

Bank Nifty55,169.20 (-0.39%)

Dow Jones42,326.81 (-0.20%)

Nasdaq 18,708.34 (4.35%)

FTSE 8,604.98 (0.58%)

Nikkei 22538,292.73 (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.

Desh Duniya Bazaar

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

 Have you checked our latest YouTube Video

Did you know?

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.

To view the detailed report click here to   Download 

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 5024,690.15 (2.84%)

Bank Nifty55,173.25 (2.94%)

Dow Jones41,702.38 (1.09%)

Nasdaq 17,928.92 (0.00%)

FTSE 8,554.80 (0.27%)

Nikkei 22537,584.53 (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.

Desh Duniya Bazaar

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

 Have you checked our latest YouTube Video

Did you know?

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.

Newsletter: 09th May 2025

Strong Quarter for L&T

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 80,697.58 (-0.06%)

Nifty 5024,097.65 (-0.73%)

Bank Nifty53,917.60 (-0.82%)

Dow Jones41,408.90 (0.09%)

Nasdaq 17,928.14 (1.07%)

FTSE 8,531.61 (-0.32%)

Nikkei 22537,430.55 (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.

Desh Duniya Bazaar

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

 Have you checked our latest YouTube Video

Did you know?

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.

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 5024,379.70 (-0.14%)

Bank Nifty54,668.20 (0.10%)

Dow Jones41,353.03 (0.58%)

Nasdaq 17,738.16 (0.27%)

FTSE 8,559.33 (-0.45%)

Nikkei 22536,890.06 (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.

Desh Duniya Bazaar

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

 Have you checked our latest YouTube Video

Did you know?

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.

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 5024,431.30 (0.21%)

Bank Nifty54,651.75 (0.70%)

Dow Jones40,829.00 (-0.95%)

Nasdaq 17,689.66 (-0.87%)

FTSE 8,597.42 (0.01%)

Nikkei 22536,839.52 (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.

Desh Duniya Bazaar

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

 Have you checked our latest YouTube Video

Did you know?

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.

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 5024,393.10 (-0.28%)

Bank Nifty54,648.25 (-0.50%)

Dow Jones41,173.43 (-0.11%)

Nasdaq 17,844.24 (-0.74%)

FTSE 8,596.35 (1.16%)

Nikkei 22536,830.69 (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.

Desh Duniya Bazaar

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

 Have you checked our latest YouTube Video

Did you know?

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.