Newsletter: 26th March 2025

Govt Duty Lifts Stylam

Aaj Ka Bazaar

The US market closed higher overnight for the third consecutive session as investors reacted to data indicating a decline in consumer confidence for the fourth straight month, along with President Trump’s more lenient tariff plan. The rating agency Moody’s has issued a warning regarding the US fiscal outlook, stating that Trump’s policies could complicate efforts to offset the increasing deficit and debt. Asian markets saw modest gains this morning after the US Commerce Secretary suggested the Trump administration may walk back some tariffs that sparked a global selloff in markets. The Indian market is expected to open slightly higher on Wednesday, reflecting positive signals from global markets despite indications of decreasing US consumer confidence. A weaker dollar and foreign inflows may help limit any potential losses, as investors anticipate cues from the upcoming earnings season.

Markets Around Us

BSE Sensex 77,987.45 (-0.04%)

Nifty 5023,684.40 (0.07%)

Bank Nifty51,660.95 (0.10%)

Dow Jones42,634.68 (0.10%)

Nasdaq 18,271.86 (0.46%)

FTSE 8,663.80 (0.30%)

Nikkei 22538,039.65 (0.67%)

Hang Seng 23,415.89 (0.25%)

Sector: Plywood Board

Stylam Industries surges on Anti-Dumping Duty

Shares of Stylam Industries jumped 8% to ₹1,801 on March 26 after the government imposed a five-year anti-dumping duty on Acrylic Solid Surface imports from China. This is a big win for Stylam, as the company produces nearly 70–80% of these surfaces in India. The duty is expected to protect local manufacturers like Stylam from unfairly cheap imports, boosting its market position and profitability. Acrylic Solid Surfaces are used in countertops, walls, furniture, and more, making them a key product for the company. Analysts are optimistic, projecting strong growth in revenue and earnings over the next few years, and have set a target price of ₹2,582 for the stock. Although the stock had dropped 12% in the last six months, this latest move could signal a positive turnaround. Stylam’s Q3 results showed a strong rise in revenue despite a dip in profit due to higher costs, which the new policy may help offset.

Why it Matters:

The anti-dumping duty gives Stylam Industries a strong advantage, as it makes up 70–80% of India’s Acrylic Solid Surface production. With cheaper Chinese imports restricted, Stylam can protect its pricing power and market share. This policy shift is expected to drive long-term growth and improve investor confidence in the stock.

 NIFTY 50 GAINERS

INDUSLND BANK– 655.90 (2.49%)

POWER GRID CORP– 291.00 (1.51%)

BHARTI AIRTEL – 1765.00 (1.12%)

NIFTY 50 LOSERS

DR REDDYS – 1177.90 (-1.77%)

NTPC – 369.00 (-1.04%)

TECH MAHINDRA – 1455.50 (-0.89%)

Sector : Financial Institution

IREDA Raises ₹910 Crore Through Bonds

IREDA shares were in focus on March 26 after the company raised ₹910.37 crore by issuing privately placed Tier-II bonds with a 10-year term and an interest rate of 7.74% per year. This move aims to boost its capital base, support future borrowing, and strengthen its ability to fund clean energy projects. The funds will increase IREDA’s Tier-II capital, improving its financial strength and capital adequacy ratio. This comes shortly after the company launched its first-ever perpetual bonds to raise ₹1,247 crore for Tier-I capital. IREDA also raised its borrowing limit for FY25 to ₹29,200 crore from ₹24,200 crore, signaling an aggressive push to support India’s renewable energy goals. The company plans to use various instruments like bonds, loans, and external borrowings. Analysts remain optimistic, with Geojit Financial giving a ‘Buy’ rating and a target price of ₹196, suggesting a 15% upside from the current levels.

Why it Matters:

IREDA’s bond issuance strengthens its capital base, enabling more funding for clean energy projects. With India targeting 500 GW of non-fossil fuel energy by 2030, this move supports national goals. It also reflects strong investor confidence in IREDA’s financial health and long-term strategy.

Desh Duniya Bazaar

Around the World

Asian currencies moved slightly lower on Wednesday as traders remained cautious ahead of the U.S. imposing new trade tariffs from April 2. While President Trump may take a more selective approach targeting specific countries, uncertainty over the impact on global trade is keeping investors on edge. The Chinese yuan, Korean won, and Japanese yen all edged higher slightly, with the yen gaining 0.4% after Japan’s central bank hinted at possible rate hikes if inflation picks up. The Indian rupee stayed flat. Meanwhile, the Australian dollar held steady after inflation data showed a slight cooling, increasing chances of future interest rate cuts by the Reserve Bank of Australia. Australia’s CPI came in at 2.4%, supporting the RBA’s target range. In Thailand, Prime Minister Paetongtarn survived a no-confidence vote, but the Thai baht weakened by 0.5%. Overall, the U.S. dollar index rose to 104.28, reflecting investor preference for safer assets amid ongoing trade policy concerns.

Option Traders Corner

Max Pain

Nifty 50 – 23500

Bank Nifty – 51200

Nifty 50 – 23713(Pivot)

Support – 23,556, 23,445, 23,288

Resistance – 23,825, 23,981, 24,093

Bank Nifty – 51700 (Pivot)

Support – 51,337, 51,066, 50,702

Resistance – 51,971, 52,334, 52,605

 Have you checked our latest YouTube Video

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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: 23rd March 2025

Weekly Trend Report

Week Gone By

The Indian equity markets witnessed a strong rally over the past week, driven by robust foreign institutional investor (FII) inflows, easing concerns over U.S. interest rates, and attractive valuations in large-cap stocks. Financial stocks played a crucial role in the market’s upward momentum, with Bajaj Finance gaining traction following a leadership announcement. The broader market outperformed frontline indices, with mid-cap and small-cap stocks seeing significant buying interest. The Indian
rupee also strengthened notably against the U.S. dollar, supported by strong inflows. On the macroeconomic front, India’s trade deficit narrowed significantly in February due to a sharp decline in imports, marking the lowest deficit since August 2021. Additionally, India’s wholesale price index (WPI)-based inflation saw a slight uptick in February, primarily due to rising prices of manufactured food products and other goods. On the global front, The Bank of Japan kept interest rates steady at 0.5%,
as expected, citing the need to assess the impact of potential U.S. tariffs on Japan’s export-driven
economy. In the US, the Fed maintained its benchmark overnight interest rate in the 4.25%-4.50% range and signaled that two quarter-point rate cuts are likely later this year.

Week Ahead

The Indian stock market’s positive momentum is expected to continue in the coming week, supported by strong underlying trends and renewed optimism from the U.S. Federal Reserve’s rate-cut outlook. Foreign fund inflows in recent sessions have further boosted investor confidence, although foreign portfolio investors (FPIs) have remained net sellers in March. On the domestic front, key economic indicators, including the upcoming HSBC India PMI data, will provide further cues on economic activity. While optimism prevails, global factors and FPI trends will be closely watched for potential market direction. US Core PCE Price Index MoM data for February will release on 28 March 2025 and quarterly GDP growth data will be released on 27 March 2025.

Technical Overview
  • Strongest Weekly Gain in Four Years
    Nifty surged 4.27%, marking its best weekly performance since February 2021. It crossed 23,400 intra-day before settling at 23,350, gaining 160 points.

  •  Breakout Above Key Resistance
    The index moved above the 20-day EMA (22,763.54), confirming a bullish breakout. The next major resistance is at 23,762 – 23,991, which needs to be surpassed for further upside.

  • Completion of Head & Shoulders Breakdown
    The bearish pattern played out, with a low near 21,017.35. The recent rally indicates a shift in market sentiment, favoring buyers.

  • Directional Movement Index (DMI) Signals Strength
    The DI+ (green) is above DI- (red), confirming increasing bullish momentum. The rising ADX suggests a strengthening trend with higher conviction.

  • RSI Shows Bullish Divergence
    The RSI at 66.29 indicates renewed buying strength. Previous bullish divergences successfully led to a price recovery.

  • MACD Turns Positive
    The MACD histogram has turned green, signaling a shift toward upward momentum. A sustained crossover could drive the index towards 24,000+ levels.

  • Resistance Levels to Watch
    The immediate hurdle is at 23,762 – 23,991, which may act as a short-term barrier. If sustained, the index could test the 24,805 – 25,034 zone in the coming weeks.

  • Critical Support Levels
    Immediate support is at 22,787 – 22,763, with stronger demand near these levels. A break below could see further downside towards 22,104 – 21,782.

  • Market Outlook and Strategy
    A close above 23,400 could strengthen the bullish momentum and push the index toward 24,000+. Profit booking is expected near 23,800-24,000, which could lead to short-term consolidations.

     

To view the detailed report click here to   Download 

Newsletter: 24th March 2025

Britannia Feels Strike Heat

Aaj Ka Bazaar

The US market performed well on Monday, with the technology sector showing significant gains. The overall market sentiment remained positive throughout the day. This morning, Asian markets were mostly up, driven by easing tariff concerns. The dollar strengthened, reaching a three-week high against the yen and performing well against other currencies, which led to a decline in gold prices toward $3,000 per ounce. Investors are likely to monitor oil price movements closely after Russia downplayed expectations for quick progress in peace talks regarding Ukraine. The Indian market is poised to open higher on Tuesday, following a strong session for US equities fueled by hopes for tariff relief. The Indian government has proposed eliminating the equalization levy (EL), or digital tax, on online advertisements starting April 1, as part of 59 amendments to the Finance Bill 2025 currently being debated in the Lok Sabha. This move aims to bolster India’s efforts to avoid potential retaliatory tariffs from the US, which are set to take effect on April 2.

Markets Around Us

BSE Sensex 78,243.85 (0.33%)

Nifty 5023,723.60 (0.28%)

Bank Nifty51,822.55 (0.23%)

Dow Jones42,553.29 (-0.07%)

Nasdaq 18,188.59 (2.27%)

FTSE 8,638.01 (-0.10%)

Nikkei 22537,809.69 (-0.05%)

Hang Seng 23,383.80 (-2.18%)

Sector: FMCG

Strike Halts Gujarat Plant, Britannia Dips

Shares of Britannia Industries dropped to ₹4,754 on March 25 after the company announced that operations at its Jhagadia plant in Gujarat were partly disrupted due to a worker strike that began on March 24. Britannia is currently talking with employees to resolve the issue and is working to minimize supply disruptions using its other resources. Despite a solid Q3FY25 performance with ₹582.3 crore in profit and 7.9% growth in revenue, the stock has fallen over 22% in the past 6 months, underperforming the Nifty 50. The company’s EBITDA grew slightly, but margins dipped to 18.4%. Analysts remain mostly positive on Britannia, with many recommending a “buy” based on strong fundamentals, brand presence, and future growth potential. Britannia expects to maintain margins around 17–18% and plans only small maintenance-related spending in FY26. Management remains optimistic about a volume recovery and continued profitability through strategic pricing and cost controls.

Why it Matters:

This development matters because the strike at Britannia’s Gujarat plant can impact the company’s supply chain and short-term sales. Despite reporting healthy profits and revenue growth, the stock has already fallen over 22% in the past six months, reflecting investor concerns. Continued labor unrest could affect operational stability and weigh further on market sentiment.

 NIFTY 50 GAINERS

TCS– 3695.50 (1.60%)

HCLTECH– 1638.00 (1.45%)

TRENT – 5121.50 (1.18%)

NIFTY 50 LOSERS

ZOMATO – 220.00 (-1.21%)

INDUSLND BANK – 662.25 (-1.03%)

SUNPHARMA – 1777.35 (-0.45%)

Sector : Aerospace & Defense

GRSE surges on German Vessel Deal

Shares of Garden Reach Shipbuilders & Engineers (GRSE), a defence PSU, jumped 5% to ₹1,790 after it signed a deal with a German company, Carsten Rehder, to build two more 7,500 DWT multi-purpose cargo ships. This completes an eight-ship order series, with the total contract value remaining around $108 million. These ships, built to carry heavy and specialized cargo like windmill blades, show GRSE’s capability in advanced shipbuilding. Recently, GRSE also signed a contract with PWD Nagaland to supply eight modular steel bridges, adding to its portfolio of over 5,800 bridges delivered across India and neighboring countries. Financially, the company is doing well—its December quarter revenue grew 37% year-on-year to ₹1,271 crore, with a 12% rise in net profit to ₹98 crore and a 55% jump in EBITDA to ₹75.63 crore. The stock’s recent move reflects strong order inflow, export focus, and a solid financial performance, making it a stock to watch.

Why it Matters:

GRSE’s deal with the German firm highlights its growing presence in the global shipbuilding market and ability to deliver specialized vessels. Completing the 8-ship series ensures consistent revenue flow and strengthens client relationships. Combined with strong financials and recent domestic contracts, GRSE is emerging as a key player in defence and infrastructure growth.

Desh Duniya Bazaar

Around the World

Asian stock markets mostly moved higher on Tuesday, supported by gains on Wall Street and hopes that U.S. President Trump’s upcoming tariffs may not be as harsh as expected. Japan’s Nikkei rose 0.7%, with export stocks benefiting from a weaker yen, while the broader TOPIX index hit a 9-month high. Australia’s ASX 200 and Singapore’s Straits Times also gained, but South Korea’s KOSPI dipped 0.3% despite Hyundai’s $21 billion U.S. investment plan. China was the outlier—Shanghai indices fell slightly, and Hong Kong’s Hang Seng dropped 2% due to profit booking in tech stocks. Xiaomi fell 5% after a major share sale, and Alibaba lost nearly 3% after its chairman raised concerns over a bubble in the AI data center sector. While Japan’s domestic data was weak, rising wages and consumer spending could support growth, though it may also trigger more interest rate hikes by the Bank of Japan.

Option Traders Corner

Max Pain

Nifty 50 – 23500

Bank Nifty – 51000

Nifty 50 – 23600(Pivot)

Support – 23,491, 23,324, 23,216

Resistance – 23,766, 23,875, 24,042

Bank Nifty – 51434 (Pivot)

Support – 51,066, 50,428, 50,061

Resistance – 52,072, 52,439, 53,077

 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: 24th March 2025

UCO Launches ₹2K QIP

Aaj Ka Bazaar

The US market ended mostly higher on Friday, after having fallen sharply earlier following downbeat comments from FedEx about the economic outlook. All three major averages fell by nearly 1% earlier in the day before closing higher as President Trump indicated he’d retain flexibility when it comes to a reciprocal tariff plan expected on April 2. Asian markets struggled for direction this morning after Chinese officials warned of widespread shocks to the global economy from US trade policy. Indian market is seen opening higher on Monday as US President Donald Trump signaled flexibility on upcoming reciprocal tariffs and two Federal Reserve officials downplayed the recent rise in inflation expectations. Movements in US bond yields, foreign fund flows, the direction of rupee and expectations around the upcoming earnings season may sway sentiment as the week progresses.

Markets Around Us

BSE Sensex 77,315.45 (0.53%)

Nifty 5023,473.20 (0.53%)

Bank Nifty51,020.95 (0.84%)

Dow Jones42,186.27 (0.46%)

Nasdaq 17,784.05 (0.52%)

FTSE 8,646.79 (-0.64%)

Nikkei 22537,659.69 (-0.05%)

Hang Seng 23,630.55 (-0.27%)

Sector: Banking

UCO Bank Eyes Growth via QIP

UCO Bank is in the spotlight as it launches a ₹2,000 crore Qualified Institutional Placement (QIP) at ₹34.2 per share, slightly below its previous closing price. Despite a 20% drop in its share price over the last six months, the bank reported strong Q3FY25 results with a 27% jump in net profit to ₹639 crore and a 19.6% rise in net interest income. Total income grew 15%, and asset quality improved with gross NPAs falling to 2.91% and net NPAs to 0.63%. The bank aims for 8-10% deposit growth and 12-14% credit growth in FY25 while keeping credit costs under 1%. Analysts remain optimistic due to consistent growth in Retail, Agriculture, and MSME loans, along with potential gains from corporate lending. The QIP move is seen as a step to strengthen capital and fund future growth, which could support better stock performance going forward.

Why it Matters:

UCO Bank’s ₹2,000 crore QIP is a key move to strengthen its capital base and support future growth. With strong Q3 results and improving asset quality, the bank is showing signs of operational efficiency. This development could revive investor interest despite recent stock underperformance.

 NIFTY 50 GAINERS

LAMBODHARA– 137.14 (19.99%)

GOLDTECH– 69.08 (19.99%)

SALZERELEC – 1084.25 (11.19%)

NIFTY 50 LOSERS

VIMTALABS – 1067.50 (-7.58%)

IKIO – 273.25 (-6.72%)

QUINTEGRA – 1.72 (-5.49%)

Sector : Real Estate

Land Deal Boosts Godrej Properties Shares

Godrej Properties’ stock rose over 2% on March 24, marking its sixth straight day of gains, after the company announced the acquisition of a 10-acre land parcel in Yelahanka, Bengaluru. This new residential project is expected to have 1.5 million sq. ft. of saleable area with a revenue potential of ₹2,500 crore. The announcement comes after the company recently cancelled a land deal in Kochi. Earlier in February, Godrej sold inventory worth over ₹1,000 crore in its Hinjewadi, Pune project within just four months of acquiring that land. Despite this momentum, the stock is still down over 31% in the last six months, currently trading 35% below its 52-week high and nearly 15% above its recent low. At 9:18 AM, shares were priced at ₹2,187.95 with a market cap of ₹65,897.75 crore. The Bengaluru project signals strong growth plans and could help the company regain investor confidence.

Why it Matters:

Bain Capital’s ₹4,385 crore investment boosts Manappuram’s growth potential and strengthens its balance sheet. As a joint promoter with board presence, Bain adds strategic value, making the stock more attractive to investors.

Desh Duniya Bazaar

Around the World

Asian markets traded in a narrow range on Monday as investors waited for clarity on U.S. trade tariffs under Donald Trump. While reports suggested fewer and less aggressive tariffs, concerns remained since many of the targeted countries are in Asia. Japan’s markets fell after weak March PMI data showed both manufacturing and services contracting, raising doubts about future interest rate hikes. Chinese stocks rebounded after news that Ant Group developed cost-effective AI training methods using local chips from Alibaba and Huawei, signaling progress in China’s tech independence. This boosted the CSI 300 and Shanghai Composite indexes. Hong Kong and other Asian markets remained flat, with limited movement seen in Australia, Singapore, and South Korea due to mixed local news and political uncertainty. Indian markets were also expected to open flat after last week’s strong performance. Overall, sentiment was cautious, with investors watching global trade and tech developments closely.

Option Traders Corner

Max Pain

Nifty 50 – 23200

Bank Nifty – 50000

Nifty 50 – 23295(Pivot)

Support – 23,187, 23,025, 22,918

Resistance – 23,457, 23,565, 23,727

Bank Nifty – 50385 (Pivot)

Support – 50,099, 49,605, 49,319

Resistance – 50,879, 51,166, 51,660

 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: 21st March 2025

Hindalco Heats Up Market

Aaj Ka Bazaar

U.S. stock markets paused their three-day positive rally on Thursday and ended below the flat line, with the S&P 500 down 0.2%, the Nasdaq 100 slipping 0.3%, and the Dow Jones unchanged amidst trade uncertainties. In contrast, most Asia Pacific markets showed positive movement. Indian markets are expected to be influenced by global trends, with the GIFT Nifty indicating a positive start for the day, though concerns over U.S. trade tariffs persist. Foreign portfolio investors (FPIs) are shifting towards a buying stance, signaling an end to heavy selling. In stock-specific news, Bajaj Finance may see gains after appointing Rajeev Jain as vice chairperson and Anup Kumar Saha as managing director. Investors will also monitor the upcoming India-U.S. trade negotiations and foreign institutional investor (FII) activity.

Markets Around Us

BSE Sensex 76,212.30 (-0.18%)

Nifty 5023,146.05 (-0.19%)

Bank Nifty49,962.70 (-0.21%)

Dow Jones41,951.17 (-0.01%)

Nasdaq 17,691.63 (-0.33%)

FTSE 8,701.99 (-0.05%)

Nikkei 22537,873.54 (0.32%)

Hang Seng 23,699.15 (-2.15%)

Sector: Aluminium

Hindalco's ₹45K Cr Expansion Boosts Growth

Hindalco Industries, part of the Aditya Birla Group, is in the spotlight after Chairman Kumar Mangalam Birla announced a massive ₹45,000 crore investment to expand its aluminium, copper, and specialty alumina businesses. This move aims to boost the company’s presence in high-precision, next-gen products and support growth in sectors like electric vehicles (EVs), renewable energy, and semiconductors. Hindalco is already India’s largest integrated aluminium producer and plans to strengthen its position further with new facilities, including a copper foil plant for EVs and a battery foil unit. This expansion is part of the Birla Group’s aggressive growth strategy, which also includes recent entries into the paints and cables segments. Over the past year, Hindalco shares have delivered a strong 31% return, beating the Nifty 50’s 5% rise, making it a stock to watch closely for both seasoned traders and young investors exploring long-term opportunities in India’s growing industrial sectors.

Why it Matters:

Hindalco’s ₹45,000 crore expansion boosts its role in key sectors like EVs, renewable energy, and semiconductors, aligning with India’s industrial growth. This move strengthens its global leadership in aluminium and copper while supporting next-gen technologies. Given its strong stock performance, it’s a company investors should keep on their radar.

 NIFTY 50 GAINERS

BAJFINANCE– 8953.50 (3.16%)

NESTLEIND– 2255.95 (1.55%)

NTPC – 346.50 (1.39%)

NIFTY 50 LOSERS

INFY – 1584.15 (-1.94%)

TCS – 3518.05 (-1.27%)

WIPRO – 264.80 (-1.19%)

Sector : NBFC

Manappuram Finance Shares surged 3%

Manappuram Finance shares rose nearly 3% after the company announced that Bain Capital will invest ₹4,385 crore to acquire an 18% stake through a preferential allotment at ₹236 per share. This includes 9.29 crore equity shares and an equal number of convertible warrants, giving Bain Capital the option to increase its stake over time. Once completed, Bain Capital will become a joint promoter alongside the current promoters and gain the right to appoint a director to the board. The deal is subject to approval from shareholders at the EGM on April 16 and clearances from RBI and CCI. If all approvals are granted, Bain may trigger a mandatory open offer to acquire up to 26% more, potentially raising its total holding to over 40%. This strategic investment signals strong long-term confidence in the NBFC, making the stock one to watch for both experienced investors and young market participants.

Why it Matters:

Bain Capital’s ₹4,385 crore investment boosts Manappuram’s growth potential and strengthens its balance sheet. As a joint promoter with board presence, Bain adds strategic value, making the stock more attractive to investors.

Desh Duniya Bazaar

Around the World

Asian markets traded mostly flat to lower on Friday as investors reacted to concerns about rising U.S. tariffs, interest rates, and a potential economic slowdown. Chinese stocks slipped further after recent gains driven by stimulus hopes and AI-related optimism, with profit-taking dragging down major tech names. Japan’s Nikkei and TOPIX saw modest gains after slightly higher-than-expected inflation data increased the chances of more rate hikes from the Bank of Japan, possibly as soon as May. In contrast, Hong Kong’s Hang Seng dropped due to profit booking, especially in tech stocks. Broader markets like Singapore and South Korea showed limited movement, while Australia’s ASX 200 gained 0.4%. Traders remained cautious amid weak global cues, mixed signals from the U.S. Fed, and ongoing tariff concerns. Futures for India’s Nifty 50 indicated a flat start after a recent strong rally began to cool. Overall, markets are in wait-and-watch mode amid global economic uncertainty.

Option Traders Corner

Max Pain

Nifty 50 – 23000

Bank Nifty – 49700

Nifty 50 – 23127 (Pivot)

Support – 23,037, 22,884, 22,794

Resistance – 23,280, 23,369, 23,523

Bank Nifty – 49996 (Pivot)

Support – 49,837, 49,612, 49,454

Resistance – 50,221, 50,380, 50,605

 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: 20th March 2025

NCC Secures ₹2,130 Crore Deal

Aaj Ka Bazaar

Wall Street saw a strong rally, with the Dow Jones rising by 0.92%, the S&P 500 gaining 1.08%, and the Nasdaq up by 1.41% after the U.S. Federal Reserve kept interest rates steady and indicated potential rate cuts later this year, though they will wait for more clarity on U.S. government policies. In Asia, markets were mixed, with Japan trading down, while South Korea and Australia gaining. China held its benchmark lending rates steady for the fifth month in March. Gift nifty traded higher today. The Indian stock market is expected to open on a positive note driven by global cues and optimism after the Fed’s potential rate cuts in 2025. The IT services sector is expected to perform well, especially after partnerships between Wipro, TechMahindra, and L&T Technology with Nvidia for AI-based solutions for various industries. In stock news, Hyundai Motor India announced a price hike of up to 3% due to rising costs. Investors focus will now shift to China’s monthly loan prime rate decision, Bank of England’s interest rate decision, and the US’ weekly jobless claims data, all due today.

Markets Around Us

BSE Sensex 75,990.42 (0.72%)

Nifty 5023,057.70 (0.66%)

Bank Nifty49,918.35 (0.43%)

Dow Jones41,964.63 (0.92%)

Nasdaq 17,750.79 (1.41%)

FTSE 8,706.66 (0.02%)

Nikkei 22537,751.88 (0.00%)

Hang Seng 24,451.06 (-1.29%)

Sector: Construction

NCC Shares Rise 6% on 2,130 Cr order

NCC’s share price surged nearly 6% on March 19 after the company announced receiving a Letter of Acceptance (LoA) for a ₹2,130 crore order from the Andhra Pradesh Capital Region Development Authority. The order involves constructing roads, drains, water supply systems, sewage, utility ducts, and other infrastructure in the Amaravati Capital City. The contract will be completed over the next three years. Despite a recent decline in share prices—down 10% in the past month and over 33% year-to-date—NCC’s stock has delivered strong returns, up 97% over the last two years and an impressive 463% over the past five years. This major order is seen as a positive development for NCC, contributing to investor optimism. As of the latest trading, NCC shares were up 3.45%, indicating a steady recovery after recent price drops.

Why it Matters:

NCC’s ₹2,130 crore order boosts its revenue and growth prospects, driving a 6% jump in its stock price. Despite recent declines, the company’s strong returns over two and five years highlight its growth potential. This major project reinforces investor confidence in NCC’s future performance.

 NIFTY 50 GAINERS

WIPRO– 272.90 (2.71%)

INFY– 1623.35 (2.32%)

TCS – 3564.40 (1.92%)

NIFTY 50 LOSERS

BAJFINANCE – 8657.90 (-0.84%)

ULTRACEMCO– 10876.90 (-0.52%)

JSWSTEEL – 1031.20 (-0.21%)

Sector : Aerospace & Defense

Garden Reach Shipbuilders Jumps 6% on MoU

Shares of Garden Reach Shipbuilders & Engineers (GRSE), a defence PSU, jumped over 6% on March 20, extending its gains for the fifth consecutive session. The rally followed the company’s announcement of signing a Memorandum of Understanding (MoU) with the Public Works Department (PWD) of Nagaland to supply eight sets of Modular Steel Bridges. The stock opened at ₹1,734.95 and reached a high of ₹1,746.10. This MoU is the first between GRSE and the North Eastern state. The company has previously supplied over 5,800 modular bridges to various organizations, including the Border Roads Organisation and several international clients. GRSE’s stock has surged 31% over the past five days, with a 127% increase in the past year and a massive 1,125% jump over the last five years, making it a multibagger stock for investors. The company’s strong performance and ongoing project wins are driving investor optimism.

Why it Matters:

GRSE’s MoU with Nagaland PWD boosts its growth prospects, driving a 6% jump in its share price. The company’s consistent performance in modular bridge supply enhances investor confidence. With strong returns over the past year and five years, GRSE continues to be a top-performing stock.

Desh Duniya Bazaar

Around the World

Most Asian currencies stayed within a narrow range on Thursday as markets absorbed the Federal Reserve’s outlook on persistent inflation and slowing growth, though the dollar weakened after the Fed projected more rate cuts this year. The Japanese yen strengthened, driven by safe-haven demand and expectations of further tightening by the Bank of Japan, but trading volumes were low due to a holiday in Japan. The Chinese yuan saw a slight increase after the People’s Bank of China kept its loan prime rate unchanged, signaling ongoing stimulus. The South Korean won and Singapore dollar saw small movements, while the Indian rupee fell slightly. The dollar index continued to decline after the Fed held rates steady but forecasted rate cuts due to higher inflation and a reduced growth outlook. The Australian dollar dropped after weak labor data fueled expectations for more rate cuts by the Reserve Bank of Australia.

Option Traders Corner

Max Pain

Nifty 50 – 22950

Bank Nifty – 49500

Nifty 50 – 22885 (Pivot)

Support – 22,830, 22,752, 22,697

Resistance – 22,962, 23,018, 23,095

Bank Nifty – 49611 (Pivot)

Support – 49,415, 49,218, 48,933

Resistance – 49,898, 50,094, 50,381

 Have you checked our latest YouTube Video

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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.

Newsletter: 19th March 2025

G R Infra Bags Highway Deal

Aaj Ka Bazaar

Wall Street sank on Tuesday, with tech companies leading the decline as investors awaited a monetary policy decision from the Federal Reserve and assessed the potential impact of President Donald Trump’s tariff policies. Asian stocks showed mixed performance on Wednesday, with shares in Japan and Korea rising, while the Australian market saw a decline. GIFT Nifty futures were trading higher, suggesting a flat to positive start for the Indian markets. During the day, the steel industry is expected to trade higher as the government proposes to impose a 12% temporary tax on some steel products for 200 days to safeguard the steel industry from heavy imports. In stock-specific news, LIC is expected to remain in focus after the company addressed reports about its potential entry into the health insurance sector. It stated that it is in advanced discussions to acquire a significant stake in a standalone health insurance provider. Throughout the day, investors will also closely monitor the Bank of Japan’s interest rate decision, where the central bank is expected to maintain rates at 0.5%. Later in the day, the US Federal Reserve will announce its policy decision amid concerns over inflation rising due to President Trump’s tariffs on imported goods if implemented.

Markets Around Us

BSE Sensex 75,346.23 (0.06%)

Nifty 5022,851.55 (0.08%)

Bank Nifty49,498.60 (0.37%)

Dow Jones41,745.98 (-0.23%)

Nasdaq 17,808.66 (0.31%)

FTSE 8,680.29 (0.55%)

Nikkei 22537,916.84 (1.39%)

Hang Seng 24,580.78 (1.77%)

Sector: Construction

GR infra Surges on ₹4,262 Cr Deal

GR Infraprojects’ stock jumped 7.23% after securing a ₹4,262.78 crore project from the National Highways Authority of India. This contract involves building a six-lane, access-controlled Agra-Gwalior greenfield highway spanning Uttar Pradesh, Rajasthan, and Madhya Pradesh, along with improvements to the existing Agra-Gwalior section. The project will follow the DBFOT model (BOT-Toll) under the NH(O) scheme. At 9:18 AM, the stock was trading at ₹1,008.30, up ₹67.95 on the BSE. Additionally, the company recently declared an interim dividend of ₹12.50 per share for FY 2024-25 and approved the divestment of its subsidiary, GR Galgalia Bahadurganj Highway. In February, G R Infraprojects also signed an MoU with the Assam government for a ₹270 crore ropeway project connecting Sonaram Field and Bhubaneshwari Temple in Guwahati. Stay updated with live market coverage for further developments.

Why it Matters:

GR Infraprojects’ ₹4,262.78 crore highway project win boosts its revenue pipeline and strengthens its market position. The 7% stock surge indicates strong investor confidence in its growth potential. With expansion into infrastructure projects like ropeways, the company is diversifying beyond roads, ensuring long-term scalability.

 NIFTY 50 GAINERS

TATASTEEL– 157.75 (2.00%)

JSWSTEEL– 1032.40 (1.41%)

BPCL – 265.41 (1.23%)

NIFTY 50 LOSERS

TCS – 3485.65 (-1.88%)

INFY– 1580.60 (-1.79%)

HCLTECH – 1532.45 (-1.65%)

Sector : FinTech

PB FinTech Jumps 7%

PB Fintech’s stock surged 7% on March 18 after Kotak Institutional Equities upgraded its rating to ‘add,’ citing strong growth prospects and attractive valuations. The firm set a price target of ₹1,525, implying a 13% upside. Despite a 36% decline in the stock over the past three months due to concerns about its healthcare expansion and profitability, Kotak remains optimistic about PB Fintech’s ability to outpace industry growth by 1.8-2.0x while improving profitability. Policybazaar continues to dominate India’s insurance market by blending pull and nudge strategies for need-based sales, making it a key partner for insurers. While regulatory changes in life insurance led to commission cuts for non-life insurers, Kotak believes PB Fintech remains resilient due to its strong market presence and minimal reliance on insurers for support. The EoM guidelines for FY24 have also improved its ability to earn commissions, rewards, and incentives, further strengthening its financial outlook.

Why it Matters:

PB Fintech’s 7% stock surge reflects renewed investor confidence after Kotak upgraded its rating, highlighting strong growth potential. Despite recent concerns over its healthcare expansion, the company is expected to grow 1.8-2.0x faster than the industry. Policybazaar’s market dominance and adaptability to regulatory changes position it for sustained profitability.

Desh Duniya Bazaar

Around the World

Asian stocks traded within a tight range on Wednesday, with Chinese markets pulling back after a strong rally driven by stimulus and tech stocks, while Japan’s markets stayed positive after the Bank of Japan (BOJ) held interest rates steady at 0.5%. Despite weak signals from Wall Street, optimism about more stimulus in China helped limit losses, with Hong Kong markets gaining on strong Chinese tech stock performance. Japan’s Nikkei 225 and TOPIX rose as Berkshire Hathaway increased its stake in major trading firms, and the BOJ signaled potential rate hikes amid rising wages and inflation expectations. In China, stocks flattened after recent highs, but Hong Kong’s Hang Seng index edged up as Xiaomi surged on strong earnings and EV sales targets. South Korea’s KOSPI gained 0.7%, while Australia’s ASX 200 dipped. Singapore’s Straits Times rose 0.4%, and India’s Nifty 50 futures pointed to a positive start after rebounding from recent losses.

Option Traders Corner

Max Pain

Nifty 50 – 22750

Bank Nifty – 49000

Nifty 50 – 22763 (Pivot)

Support – 22,669, 22,505, 22,411

Resistance – 22,928, 23,022, 23,186

Bank Nifty – 49114 (Pivot)

Support – 48,829, 48,343, 48,058

Resistance – 49,600, 49,885, 50,370

 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: 18th March 2025

HUL Strengthens Skincare Game

Aaj Ka Bazaar

US stocks saw gains on Monday, with the S&P 500 rising 0.44%, the Dow Jones adding 0.85%, and the Nasdaq climbing 0.3%. The rally was driven by strong US retail sales data, easing recession concerns and boosting investor sentiment. Despite US President Donald Trump’s comments on reciprocal tariffs set to take effect in April 2025, global markets continued their positive momentum. In Asia, stocks traded higher on Tuesday, influenced by the Wall Street performance and renewed optimism around China’s economy. This positive trend is also reflected in the GIFT Nifty, suggesting a strong start for Indian benchmarks. In stock-specific news, Bajaj Finserv surged as Allianz SE announced the sale of its 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance to Bajaj Group for approximately €2.6 billion. Market participants are now focusing on the upcoming interest rate decisions by the US Federal Reserve and the Bank of Japan, expected on March 19.

Markets Around Us

BSE Sensex – 74,948.02 (1.05%)

Nifty 50 – 22,735.80  (1.01%)

Bank Nifty – 49,959  (1.25%)

Dow Jones – 41,745.98 (-0.23%)

Nasdaq – 17,808.66 (0.31%)

FTSE – 8,680.29 (0.55%)

Nikkei 225 – 37,916.84 (1.39%)

Hang Seng – 24,580.78 (1.77%)

Sector: Diversified FMCG

HUL shares rise after CCI clears acquisition

Hindustan Unilever Limited (HUL) shares gained over 1% on March 18 after the Competition Commission of India (CCI) approved its acquisition of a 90.5% stake in Uprising Science Pvt Ltd, Minimalist’s parent company, for ₹2,670 crore. The deal, announced in January 2025, will be completed in two phases: first through a capital infusion and later through a buyout at a pre-money valuation of ₹2,955 crore. HUL plans to integrate Minimalist into its Beauty & Wellbeing segment, aiming to expand its reach from 2,000 to 20,000 stores in two years. The company had closed 0.44% lower on March 17 but saw early gains post-approval. CCI confirmed that HUL will acquire the remaining 9.5% stake within two years. Minimalist’s leadership expects no major changes in brand positioning post-acquisition. This strategic move strengthens HUL’s presence in the premium skincare market while offering significant growth potential for Minimalist.

Why it Matters:

This acquisition strengthens HUL’s position in the premium skincare market, expanding Minimalist’s reach from 2,000 to 20,000 stores in two years. For traders, it signals growth potential for HUL’s Beauty & Wellbeing segment, impacting stock performance. Investors should watch how this deal drives revenue and market share in the competitive skincare industry.

 NIFTY 50 GAINERS

ICICIBANK– 1301 (2.52%)

SHRIRAMFIN– 637.5 (2.29%)

HINDALCO – 695.5 (2.17%)

NIFTY 50 LOSERS

BAJAJFINSV – 1845.2 (-1.41%)

BPCL– 260.54 (-0.34%)

ONGC – 229.38 (-0.16%)

Sector : Financial Institution

IREDA shares rise after increasing borrowing limit

IREDA shares rose over 4% on March 18, breaking a six-day losing streak, after the company increased its FY25 borrowing limit by ₹5,000 crore to ₹29,200 crore. This will be done through bonds, bank loans, and external borrowings. The stock had recently declined near its 52-week low of ₹124, down 56% from last year’s high, amid concerns over worsening asset quality. In Q3, gross NPAs increased by 30.4%, and net NPAs jumped 53.75% to ₹1,024 crore. Despite this, IREDA’s net interest income grew 39% year-on-year, and net profit rose 27% to ₹425.4 crore. In February, the company approved a ₹5,000 crore fundraising plan via QIP, which may reduce government shareholding by up to 7%. Additionally, its inclusion in the NSE’s F&O segment has given traders more opportunities. Investors should watch how the increased borrowing impacts growth and financial stability in the coming months.

Why it Matters:

IREDA’s higher borrowing limit boosts liquidity, helping fund growth despite rising NPAs. The stock’s rebound and F&O inclusion create trading opportunities, but financial stability remains a concern. Investors should watch how the raised funds impact profitability and asset quality in the coming months.

Desh Duniya Bazaar

Around the World

Most Asian markets rose on Tuesday, led by Hong Kong, which surged nearly 2% as investors cheered optimism over more Chinese stimulus and growing confidence in the country’s AI sector. Baidu jumped 10% after unveiling new AI models, while Alibaba gained over 4%, highlighting its focus on AI-driven growth. BYD also hit record highs after introducing new fast-charging EV technology. Japan’s Nikkei 225 rose 1.6%, fueled by Warren Buffett’s Berkshire Hathaway increasing its stake in the country’s top five trading houses. Broader regional markets followed Wall Street’s overnight gains, but U.S. stock futures slipped in Asian trading due to concerns over trade tariffs, recession risks, and an upcoming Federal Reserve meeting. Meanwhile, geopolitical tensions in the Middle East, with Israel’s renewed strikes on Hamas, dampened risk appetite. Investors are also awaiting the Bank of Japan’s policy decision, where rates are expected to remain unchanged, but with a potential hawkish stance on inflation

Option Traders Corner

Max Pain

Nifty 50 – 22752.10

Bank Nifty – 49005.25

Nifty 50 – 22479 (Pivot)

Support – 22,382, 22,255, 22,158

Resistance – 22,606, 22,703, 22,829

Bank Nifty – 48343 (Pivot)

Support – 48,206, 48,058, 47,921

Resistance – 48,491, 48,629, 48,776

 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: 15th March 2025

Weekly Trend Report

Week Gone By

The domestic equity indices ended the week with moderate declines as investor sentiments remained subdued due to sustained selling by Foreign Institutional Investors (FIIs) in Indian markets. Market caution was further fueled by concerns over US President Donald Trump’s trade policies, particularly his recent decision to impose import tariffs on steel and aluminum, which prompted retaliatory measures from the European Union (EU) and Canada. Additionally, fears of a potential US recession added to the overall uncertainty. Globally, China’s consumer inflation turned negative for the first time in 13 months due to seasonal distortions and broader economic challenges, while U.S. CPI rose 2.8% year-on-year in February, easing from January’s 3% increase.

Week Ahead

The domestic stock market is expected to remain influenced by the global trends in the coming sessions. Investor sentiment continues to be weighed down by concerns over inflation, interest rate hikes, and geopolitical uncertainties. Adding to the unease, fresh apprehensions about US President Donald Trump’s proposed reciprocal tariffs have further fueled the sell-off. With FIIs playing a crucial role in India’s market movements, their actions will be closely watched. If FIIs continue to withdraw significant funds, heightened volatility may follow. On the economic front, India’s wholesale price index (WPI)-based inflation data for February is set to be released on March 17, 2025. On the global front, China’s industrial production and retail sales figures for January-February, along with US retail sales data are scheduled for March 17, 2025.

Technical Overview
  • Weekly Decline Continues – NIFTY remained under selling pressure, closing at 22,397.20, reflecting continued weakness in the broader market.
  • Resistance at 22,610, Key Breakout at 22,800 – The index faced resistance at 22,610, but for a structural trend reversal, NIFTY must break and sustain above 22,800. Failure to do so may keep the market under pressure.
  • Lower Highs Signal Weakness – The formation of lower highs indicates that sellers are still in control, keeping the short-term trend bearish.
  • Crucial Support Zone at 22,100–22,000 – The index found buying interest near 22,104, reinforcing this range as a critical support zone. A breakdown below 22,000 could accelerate selling pressure.
  • Moving Averages Indicate Bearish Bias – Trading below the 50-day moving average suggests that the short-term trend remains under pressure, with upside attempts facing supply.
  • Momentum Indicators Show Weakness – The Relative Strength Index (RSI) at 37.99 suggests weak momentum, though it is nearing oversold levels where a short-term rebound could occur. MACD Signals Downward Momentum – The MACD histogram remains in negative territory, confirming the prevailing bearish trend.
  • Volume Analysis Reflects Selling Pressure – Higher volumes on down days indicate strong distribution, reflecting a lack of aggressive buying at lower levels.
  • Parabolic SAR Confirms Bearish Outlook – The Parabolic SAR dots above the price further validate that the trend remains downward for now.
  • Conclusion: For a potential trend reversal, NIFTY must break and hold above 22,800. On the downside, a breach of the 22,100–22,000 support zone could intensify selling pressure.

To view the detailed report click here to   Download 

Newsletter: 17th March 2025

KEC Stock Gains Momentum

Aaj Ka Bazaar

Wall Street saw positive momentum today after a report from the U.S. Labor Department showed a smaller-than-expected rise in consumer prices for February. The Consumer Price Index (CPI) increased by 0.2%, compared to 0.5% in January, which was lower than the anticipated 0.3%. This led to optimism that the Federal Reserve may soon resume interest rate cuts. Asian markets showed mixed results as U.S. President Donald Trump ramped up trade tensions, threatening new tariffs on European Union goods, and signaling possible financial consequences if Russia rejects a ceasefire in Ukraine. On the Indian front, the market opened on a positive note with expectations of further rate cuts, driven by robust industrial production and a slowdown in retail inflation, which hit a seven-month low in February. This painted a favorable picture for the economy, boosting investor sentiment.

Markets Around Us

BSE Sensex74,171.03 (0.46%)

Nifty 5022,502.20 (0.47%)

Bank Nifty48,409.90 (0.73%)

Dow Jones41,296.92 (-0.45%)

Nasdaq 17,754.09 (2.61%)

FTSE 8,632.33 (1.53%)

Nikkei 22537,522.50 (1.27%)

Hang Seng 24,276.64 (1.30%)

Sector: Cement

KEC Interantional Share Surge 6%

KEC International’s stock rose over 6% on March 17 after the company secured new orders worth Rs 1,267 crore across its different business areas. The orders include major projects in the Transmission & Distribution (T&D) sector, like 800 kV HVDC and 765 kV transmission lines in India and the Americas. The company also received orders for supplying cables and conductors in both domestic and international markets. These new wins have strengthened KEC’s position in the growing T&D market, particularly in renewable energy projects. With these orders, KEC’s total order intake for the year has reached over Rs 23,300 crore, reflecting a 35% growth compared to last year. The stock is currently trading significantly below its 52-week high but remains above its 52-week low, which suggests there is still potential for growth. The company’s strong order book and recovery in execution make it well-positioned for future success.

Why it Matters:

KEC International’s new orders boost investor confidence, highlighting strong demand in key sectors like T&D and cables. With a growing order book and solid growth prospects, the company is well-positioned to benefit from India’s expanding energy infrastructure. This positive momentum could lead to higher earnings and potential stock value growth in the coming quarters.

 NIFTY 50 GAINERS

INDUSINDBK– 695.15 (3.39%)

DRREDDY – 1141.25 (3.01%)

TATASTEEL – 152 (1.13%)

NIFTY 50 LOSERS

BPCL – 260,40 (-1.52%)

NESTLEIND– 2160.75 (-1.42%)

BRITANNIA – 4669.75 (-1.26%)

Sector : Private Sector Bank

INDUSLND Bank Share Rise 3%

IndusInd Bank’s shares rose over 3% on March 17 after the Reserve Bank of India (RBI) reassured the market that the bank is “well-capitalized” and financially stable. The RBI highlighted the bank’s strong financial position, with a Capital Adequacy Ratio of 16.46%, a Provision Coverage Ratio of 70.2%, and a Liquidity Coverage Ratio of 113%, all above regulatory requirements. This followed concerns about discrepancies in the bank’s derivatives portfolio, which may impact its net worth by around 2.35%. However, the RBI has directed the bank to address the issue by the end of the current quarter. Despite this, the positive outlook from the RBI has reassured investors, leading to the stock’s price increase. The bank is also expected to make required disclosures and take corrective actions soon, which should help limit any significant negative financial impact in the near future.

Why it Matters:

RBI’s assurance of IndusInd Bank’s strong financial health boosts investor confidence, stabilizing its stock. Despite recent concerns over discrepancies in its derivatives portfolio, the bank’s solid capital ratios and liquidity position provide a buffer. This reassures the market, mitigating fears and supporting future growth.

Desh Duniya Bazaar

Around the World

Asian currencies remained mostly stable against the U.S. dollar on Monday, as investors awaited key interest rate decisions from the U.S., Japan, China, and Taiwan later this week. The U.S. Dollar Index stayed at 103.71, slightly above a recent four-month low. Investors are particularly focused on the U.S. Federal Reserve’s meeting, expecting no change in interest rates but closely watching comments on tariffs’ impact on inflation. The Bank of Japan is expected to keep its interest rate at 0.5%, despite inflation concerns and trade tensions with the U.S. China’s currency remained steady as the country announced a plan to boost consumption, aiming to support economic growth. China’s industrial production and retail sales showed positive growth, but the unemployment rate rose to 5.4%, signaling ongoing challenges. These developments highlight the importance of government actions to stimulate the economy and achieve growth targets for 2025.

Option Traders Corner

Max Pain

Nifty 50 – 22500

Bank Nifty – 48600

Nifty 50 – 22422 (Pivot)

Support – 22,330, 22,263, 22,149

Resistance – 22,511, 22,624, 22,691

Bank Nifty – 48139 (Pivot)

Support – 47,793, 47,780, 47,580

Resistance – 48,273, 48,486, 48,619

 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.