Good Morning Early, Readers!!

Wall Street seen hitting the speed bump.

Gift Nifty however zooms higher on media reports that the U.S. is reportedly set to slash tariffs on Indian imports to just 15–16%.

6:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+372, 26295)
Dow Futures: (-115, 46475)
Nasdaq 100 Futures (+11, 24891)

Nikkei (-667, 48641)
Hang Seng (Closed, 25782)

Dow Jones (-334, 46590)
Nasdaq Composite (-213, 22740)
Bovespa (+759, 144844).

Wall Street plunged in overnight trade as investors, traders and speculators wonder whether this remains a Magnificent 7 market and how long this AI-driven bull run will last.

The 2-big negative catalysts:

1) No end to the US government shutdown in sight.

2) Mixed-to-mostly-negative performance among the Magnificent 7 stocks that had driven the prodigious rally off April’s Liberation Day lows.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


FIIs too buy on auspicious day of Mahurat trading October 2025!✅

FII Cash: +96.7 Cr.
DII Cash: -607.1 Cr.

FII Idx Fut: +57.5 Cr.
FII Idx Opt: -4076.1 Cr.
FII Stk Fut: +427.3 Cr.
FII Stk Opt: -123.6 Cr.

FII Week Till Date
FII Cash: +887.2 Cr.
DII Cash: +1,878.4 Cr.

FII/DII Month till Date
FII Cash: +300.4 Cr.
DII Cash: +29,922.8 Cr.

FY-26 Till Date
FII Cash: -1,09,159.9 Cr.
DII Cash: +4,13,469.0 Cr.

Gift Nifty at 18:23 (25877, -47)


Dalal Street starts Samvat 2082 on an upbeat note as Sensex and Nifty clock their 5-day winning streak.

Modest gains on Mauhrat Trading Day! Yipeee!!

NIFTY (+25, 25869)
Sensex (+63, 84426)
Bank Nifty (-26, 58007)

Well, the Diwali party continued as bulls to remained firmly in control, and celebrated another festive positive session — The positive takeaway was that in the broader markets, the NSE Midcap 100 index rose 0.11% and the Nifty Smallcap 100 index rose 0.6%.

Bottom-line: All bullish eyes set on Nifty’s all-time peak at 26,277.35, which is likely to be sooner rather than later.

Long Story Short: Well, what began as a dovish RBI-driven rally has started to broaden out indicating, ‘Happy days are here again’

Adv-Dec 30—20

INDIA VIX 11.29 (-0.63%)

NIFTY PCR (28th OCT) 0.99

USD/INR Futures (Sep) (+0.14%, 88.05)

Sectoral Gainers

NIFTY MEDIA (+0.56%)
NIFTY METAL (+0.40%)
NIFTY PHARMA (+0.34%)

Sectors Losers

NIFTY REALTY (-0.09%)
NIFTY PSUBANKS (-0.06%)

TODAY’S MARKET RE-CAP:

1) Banking stocks ended flat as the Nifty Bank index slipped 0.044% and most importantly, is flirting with its all-time-high at 58261.55 mark.

2) Nifty (+0.10%) opened on a firm footing and the positive takeaway was that the benchmark ended in green in the Mahurat trading day despite profit taking at higher levels.

Nifty is clearing above its 21 DMA (25158), 50 DMA (24980) and its 100 DMA (25007).

Nifty’s 200 DMA at 24252 mark.

3) The market breadth (37:13) was in favour of the bulls.

4) Nifty Mid-cap (+0.11%) and Nifty Small-cap (+0.43%) indices ended with modest gains.

5) Technically, the next goal post for Nifty is seen at 26000 mark and then its all-time-high at 26277.35 mark.

Bottom-line: Happy days are here again at Dalal Street.

STOCKS IN SPOTLIGHT:

Biggest Nifty gainers were Cipla, Bajaj Finserv, Axis Bank, Infosys, Grasim, while losers included Kotak Mahindra Bank, ICICI Bank, HCL Technologies, Max Healthcare, Asian Paints.

Droneacharya Aerial Innovations jumped 4.27% after the company announced that it has been awarded a work order by the Indian Army, Ministry of Defence, for the supply of 500 units of sub-tactical very short-range drones.

Top Nifty gainers

CIPLA (+1.58%)
BAJAJFINSV (+1.18%)
INFY (+0.69%)
JSWSTEEL (+0.68%)
GRASIM (+0.67%)

Top Nifty Losers

KOTAKBANK (-0.98%)
ICICIBANK (-0.65%)
ASIANPAINTS (-0.64%)
ULTRACEMCO (-0.61%)
HCLTECH (-0.60%)

OUR VIEW FOR THURSDAY’S TRADE

Our stock markets will remain closed tomorrow on account of Balipratipada.

Technically, we suspect Nifty will now aim its all-time high at 26277.35 mark.

Bottom-line: Festive season optimism likely to help benchmarks acquire more heights.

ALL ABOUT NIFTY:
Nifty (CMP: 25869)
Support: 25675/25501
Resistance: 26000/26277
Range: 25722-26000
21 DMA: 25160
50 DMA: 24981
200 DMA: 24522
Trend: Positive

BULLISH LOOKING STOCKS:

CIPLA

GRASIM

NUVAMA

BULLISH LOOKING STOCKS (LONG TERM):

BEL

L&T

FEDERALBNK

BEARISH LOOKING STOCKS:

ASIANPAINTS

KEI

TITAN

STOCKS TO AVOID:

IEX

CDSL

360ONE

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Here is Festive Season Greetings and wishing you a very pleasant and safe Deepavali and a prosperous Samvat 2082.

*An electrifying start on cards as we expect benchmark Nifty to post a strong performance in today’s special Muhurat trading session to start at 1:30 PM.

The benchmark Nifty will aim to reclaim psychological 26000 mark as investors welcome trading for the new Samavat Year 2082.

Having said that, it seems that Nifty scaling above its new all-time-high at 26277.35 peak this Muhurat session might have to wait for another day!

1:00 PM GLOBAL UPDATE:

GIFT Nifty (+90, 26013)

Dow Future (-77, 46629)

NASDAQ (-33, 25408)

Nikkei (-70, 49116)

Hang Seng (+216, 26075)

Dow Jones (+316, 46707)

Nasdaq (+311, 22991)

Bovespa (+1110, 144509).

MARKET TRENDS:

Global: Positive

FII: Positive (-790.50 Cr)

DII: Positive (+2485.50 Cr)

Market Breadth: Positive

Sentiment: Super Bullish

Technicals: Breakout Play.

F&O: 25500-26500 zone.

INDIA VIX 11.35 (-0.09%)
USD/INR Futures (October) (88.07)
NIFTY PCR (28th October) 1.03
Bank Nifty PCR (28th October) 1.13

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 25843):

SUPPORT: 25750/25401

RESISTANCE: 26277/28100

RANGE: 25800-26000

BIAS: Positive.

21 DMA: 25133
50 DMA: 24955
200 DMA: 24241

SENSEX (CMP 84363)
SUPPORT: 84000/83500
RESISTANCE: 85979/87500
RANGE: 84000-85500
BIAS: Positive
21 DMA: 81996
50 DMA: 81479
200 DMA: 79640

BANK NIFTY (CMP 58033):

SUPPORT: 57703/56900

RESISTANCE: 58500/59101

RANGE: 57800-58800

BIAS: Positive.

21 DMA: 55954
50 DMA: 55310
200 DMA: 55508

Disclaimer/ Disclosure: The investments & trading ideas recomended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only by after consulting with registered market intermediaries.


FIIs have now turned net buyers for October 2025!✅

FII Cash: +790.5 Cr.
DII Cash: +2,485.5 Cr.

FII Idx Fut: +1,028.3 Cr.
FII Idx Opt: +5,545.3 Cr.
FII Stk Fut: +2,787.1 Cr.
FII Stk Opt: -558.2 Cr.

FII Week Till Date
FII Cash: +790.5 Cr.
DII Cash: +2,485.5 Cr.

FII/DII Month till Date
FII Cash: +203.7 Cr.
DII Cash: +30,529.9 Cr.

FY-26 Till Date
FII Cash: -1,09,256.6 Cr.
DII Cash: +4,14,076.1 Cr.

Gift Nifty at 19:07 (25943, +10)


Stock Market Today (3:30 PM) – Monday, October 20th 2025

It’s Diwali time at Dalal Street.

Nifty sparkled and most importantly, RIL bloomed – indicating happy days are here again for investors!

NIFTY (+133, 25843)
Sensex (+411, 84363)
Bank Nifty (+174, 56192)

Well, early Diwali party continued as bulls to remain firmly in control, and celebrated another festive positive session — with eyes set on Nifty’s all-time peak at 26,277.35, sooner rather than later.

Adv-Dec 33—17

INDIA VIX 11.35 (-2.41%)

NIFTY PCR (28th OCT) 1.03

USD/INR Futures (OCT) (-0.14%, 87.95)

SECTOR GAINERS:

NIFTY PSUBANKS (+2.87%)
NIFTY OIL & GAS (+1.42%)
NIFTY IT (+0.98%)

SECTORS LOSERS

NIFTY AUTO (-0.16%)
NIFTY METAL (-0.07%)
NIFTY FMCG (-0.03%)

TODAY’S MARKET RE-CAP:

1) Nifty (+0.52%) opened on a firm footing and the positive takeaway was that the benchmark marched higher from strength to strength and ended on a bullish note.

Nifty is now way above its 21 DMA (25134), 50 DMA (24955) and its 100 DMA (24997).

Nifty’s 200 DMA at 24241 mark.

2) Bank Nifty (+0.55%) too zoomed higher and most importantly, scaled a new all-time-high at 58261.55 mark

3) The market breadth (33:17) was relatively bullish.

4) Nifty Mid-cap (+0.92%) and Nifty Small-cap (+0.53%) indices ended with modest gains.

5) Technically, the next goal post for Nifty is seen at its all-time-ghigh at 26277.35 mark.

Why We Stay Constructive — Here Are 5-Key Positive Catalysts

1) A strong start to India’s Q2 corporate earnings season.

2) Easing fears of further trade escalation between US and China – thanks to President Trump’s easing remarks.

3) Fed optimism prevails: The expected trajectory of U.S. rate cuts is likely to overshadow near-term trade concerns.

4) Global tailwinds: Strong closing cues from Wall Street continue to underpin risk appetite.

5) The IMF’s upward revision of India’s FY26 GDP growth forecast by 20 bps to 6.6% adds to the positive backdrop.

Bottom-line: This Diwali, let your portfolio sparkle with conviction and your wealth compound with grace.

STOCKS IN SPOTLIGHT:

1) HDFC Bank

HDFC Bank inched 0.10% after posting a 10.8% rise in Q2 FY26 net profit to ₹18,640 crore and a 10.3% increase in net revenue to ₹45,900 crore versus Q2 FY25. Average deposits climbed to ₹27.10 lakh crore, reflecting steady franchise momentum.

2) Avantel Ltd.
Avantel plunged 8.71% after reporting an 81% YoY decline in Q2 FY26 consolidated PAT to ₹4.26 crore, against ₹22.89 crore in the same quarter last year, driven by margin compression and cost pressures.

3) Reliance Industries Ltd.
Reliance Industries zoomed 3.61% after posting a 9.5% YoY rise in Q2 FY26 consolidated net profit to ₹18,165 crore on a 9.9% growth in revenue from operations to ₹2,58,898 crore, supported by energy and consumer segments.

4) IRCON International
IRCON inched up 0.81% after securing a ₹360 crore order from Petronet LNG for civil works in Gujarat, bolstering its infrastructure order pipeline.

5) CRISIL Ltd.
CRISIL added 4.3% after reporting a 12.6% YoY increase in net profit to ₹193.1 crore on a 12.2% rise in income from operations to ₹911.2 crore for Q3 2025 versus Q3 2024, driven by steady growth in ratings and analytics businesses.

BULLS OF THE DAY:

CIPLA (+4.15%)
RELIANCE (+3.61%)
BAJAJFINSV (+2.79%)
SHRIRAMFIN (+2.46%)
DRREDDY (+2.32%)

BEARS OF THE DAY:

ICICIBANK (-3.03%)
M&M (-1.38%)
JSWSTEEL (-1.32%)
ETERNAL (-1.23%)
ADANIPORTS (-0.98%)

OUR VIEW FOR THURSDAY’S TRADE*

Our stock markets will remain closed for 2 days, namely 21st and 22nd October 2025, except for Mahurat Trading Session on 21st, where our stock markets will remain Open for 1 hour in the afternoon.

Technically, we suspect Nifty will now aim its all-time high at 26277.35 mark.

Bottom-line: Festive season optimism likely to help benchmarks acquire more heights.

ALL ABOUT NIFTY:
Nifty (CMP: 25843)
Support: 25675/25501
Resistance: 26000/26277
Range: 25722-26000
21 DMA: 25134
50 DMA: 24955
200 DMA: 24241
Trend: Positive

BULLISH LOOKING STOCKS:

CANBK

IDFCFIRSTB

PNB

BULLISH LOOKING STOCKS (LONG TERM):

BEL

L&T

FEDERALBNK

BEARISH LOOKING STOCKS:

DALBHARAT

DIXON

OFSS

STOCKS TO AVOID:

IEX

CDSL

360ONE

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Nifty starts on the front foot, aims to move reclaim 26000 mark. Bank Nifty accelerates and scales new its all-time high.

Reliance jumps out of the gate, up 3% on robust Q2.

Nifty (+138, 25845)
Sensex (+453, 84405)
Bank Nifty (+365, 58050)

Nifty (CMP: 25845)

SUPPORT: 25661/25301
RESISTANCE: 26000/26277
TRADING RANGE (25700-26000)
BIAS: Positive

SECTOR GAINER:

NIFTY PSU BANKS (+1.64%)
NIFTY OIL & GAS (+1.05%)
NIFTY INFRA (+1%)

SECTOR LOSER:

NIFTY CONSUMER (-0.44%)
NIFTY METAL (-0.31%)
NIFTY MEDIA (-0.13%)

STOCKS IN SPOTLIGHT:

1) HDFC Bank

HDFC Bank gained 0.52% to ₹1,007.75 after posting a 10.8% rise in Q2 FY26 net profit to ₹18,640 crore and a 10.3% increase in net revenue to ₹45,900 crore versus Q2 FY25. Average deposits climbed to ₹27.10 lakh crore, reflecting steady franchise momentum.

2) Avantel Ltd.
Avantel plunged 13.9% to ₹164 after reporting an 81% YoY decline in Q2 FY26 consolidated PAT to ₹4.26 crore, against ₹22.89 crore in the same quarter last year, driven by margin compression and cost pressures.

3) Reliance Industries Ltd.
Reliance Industries advanced 2.69% after posting a 9.5% YoY rise in Q2 FY26 consolidated net profit to ₹18,165 crore on a 9.9% growth in revenue from operations to ₹2,58,898 crore, supported by energy and consumer segments.

4) IRCON International
IRCON inched up 0.21% after securing a ₹360 crore order from Petronet LNG for civil works in Gujarat, bolstering its infrastructure order pipeline.

5) CRISIL Ltd.
CRISIL added 1.40% after reporting a 12.6% YoY increase in net profit to ₹193.1 crore on a 12.2% rise in income from operations to ₹911.2 crore for Q3 2025 versus Q3 2024, driven by steady growth in ratings and analytics businesses.

KEY THEMES FOR THE DAY:

The Biggest-Positive Catalyst: FII Inflows Turnaround…

Here Are other 5-Key Positive Catalysts!

1) A strong start to India’s Q2 corporate earnings season.

2) Easing fears of further trade escalation between US and China – thanks to President Trump’s easing remarks.

3) Fed optimism prevails: The expected trajectory of U.S. rate cuts is likely to overshadow near-term trade concerns.

4) Global tailwinds: Strong closing cues from Wall Street continue to underpin risk appetite.

5) The IMF’s upward revision of India’s FY26 GDP growth forecast by 20 bps to 6.6% adds to the positive backdrop.

Q2 Indian corporate earnings to trickle in this week:

The earnings calendar promises to be eventful. Key Earnings on radar this week:

Thursday, October 23 – HUL, COLPAL, LARUS LAB

Friday, October 24 – SBI LIFE, DR REDDYS LAB, SBI CARD, COFORGE,

Saturday, October 25 – KOTAK MAHINDRA BANK

Top Index Gainers:
RELIANCE
BAJAJ FINSERV
JIOFIN
AXIS BANK
INFY

Top Index Losers:
ICICI BANK (-2.1%)
JSW STEEL (-0.97%)
ETERNAL (-0.79%)
M&M (-0.74%)
ONGC (-0.73%)

# 10:45 AM GLOBAL UPDATE:
Dow Futures: (+73, 46264)
Nasdaq 100 Futures (+75, 24893)

Nikkei (+1415, 48995)
Hang Seng (+637, 25884)

Dollar Index (+0.02%, 98.46)
WTI OIL (-0.37%, 57.31)
Gold (+9, 4260)

Securities in Ban for Trade Date: Monday, October 20th 2025*
SAMMAANCAP
RBL BANK

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Its Diwali time at Dalal Street as Nifty is likely to gap-up and most importantly, extend its winning streak to the fourth consecutive session.

9:00 am GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+220, 25976)
Dow Futures: (+73, 46264)
Nasdaq 100 Futures (+75, 24893)

Nikkei (+1415, 48995)
Hang Seng (+637, 25884)

Dollar Index (+0.02%, 98.46)
WTI OIL (-0.37%, 57.31)
Gold (+9, 4260)

Securities in Ban for Trade Date: Monday, October 20th 2025*
SAMMAANCAP
RBL BANK

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


TOP SECTORS:

Bullish Sector: BANKNIFTY, METAL, INFRA, DEFENCE

Bearish Sector: MEDIA

STOCKS TO WATCH:

BULLISH STOCKS (Long Build-up+ Short Covering): GRASIM, BAJAJ FINANCE, BAJAJ FINSERV, HAL, LARSEN, HBL ENGINEERING, Syrma SGS Technology, Privi Speciality Chemicals, JLHL, BHARTI AIRTEL, NAM INDIA, BANK OF BARODA, PNB, MANAPPURAM, HDFC BANK, CHOLAMANDALAM FINANCE, SAFARI.

BEARISH STOCKS (Long Unwinding + Short Buildup): TATAMOTORS, WIPRO, INFY, ETERAL, TATASTEEL, HCLTECH.

Our chart of the day is bullish on BAJAJ FINANCE, GRASIM, and APOLLO HOSPITALS on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 stock to BUY right now:

Buy BEL (CMP 413): Buy at CMP. Stop at 395. Targets 425/437. Aggressive targets at 451. (Interweek Strategy). Rationale: Technically, the stock is signalling a massive break out on the upside . Major hurdles only at 425. Key interweek support 397. Above 425, major hurdles only at 451 mark. 200-DMA at 344.

Happy Trading Day ahead

Disclaimer: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


🇩🇪 Germany : German PPI (YoY) (Sep), German PPI (MoM) (Sep), German Buba Monthly Report

🇪🇺 Euro : Current Account (Aug), Current Account n.s.a. (Aug), Construction Output (MoM) (Aug)

🇭🇰 Hong Kong : Unemployment Rate (Sep)

🇺🇸 USA : Business Inventories (MoM) (Aug), Capacity Utilization Rate (Sep)m, Industrial Production (MoM) (Sep), Industrial Production (YoY) (Sep), Manufacturing Production (MoM) (Sep), Retail Inventories Ex Auto (Aug), US Leading Index (MoM) (Sep), 3-Month Bill Auction, 6-Month Bill Auction

1 37 38 39 40 41 50