Category Archives: Market Kya Lagta Hai

GIFT Nifty 🇮🇳: (+41, 25707)

Before we start, the Market Recap:

In Monday’s trade, Nifty witnessed optimistic start — as bullish investors stepped-in amidst 1-positive catalyst:

US lawmakers are nearing a deal to end the record-long government shutdown.

The Road Ahead for Tuesday’s trading:

Risk of aggressive selling from bears camp remains on any excessive strength.

The 2-Headwinds:

1) Delhi Bomb Blast could dent sentiments. Delhi on high alert after explosion.
2) FIIs sell aggressively in Monday’s trade to the tune of Rs. 4115 Crores.

Technically Speaking:

Strength will be confirmed only above Nifty 25,807 levels.

For Tuesday’s session, Nifty’s 25,653 will act as a major hurdle.

Bottom Line:

Market sentiment remains fragile, and the battle for directional clarity is likely to continue.

Expect Nifty to remain range-bound with negative bias initially, and then hopefully bulls regrouping at lower levels.

Nifty Outlook:

Bullish sentiment remains clouded by uncertainty, leaving markets adrift in choppy seas of indecision.

STOCKS IN SPOTLIGHT:

1) The Nifty IT index emerged as the star performer in yesterday’s trade, climbing 1.62%, as investors engaged in value-buying after the recent correction in technology counters.

2) HBL Engineering soared 10.72% after posting a fourfold jump in consolidated net profit to ₹387.27 crore in Q2 FY26, versus ₹87.26 crore in the same quarter last year.

3) National Aluminium Company (NALCO) advanced 9.61% on the back of a stellar Q2 FY26 performance. Standalone net profit jumped 34.9% YoY to ₹1,433.17 crore, while revenue from operations rose 7.27% to ₹4,292.34 crore.

4) FSN E-Commerce Ventures (Nykaa) rallied 5.75% after reporting a 242.9% YoY surge in consolidated net profit to ₹34.43 crore, on a 25.1% increase in revenue to ₹2,345.98 crore in Q2 FY26, reflecting strong traction in beauty and fashion segments.

5) Trent Ltd. slipped 7.42% despite delivering a steady Q2 FY26. Consolidated revenue rose 16% YoY to ₹4,818 crore, EBITDA increased 14% to ₹575 crore, and PAT grew 11% to ₹373 crore — though profit-booking weighed on the stock post results.

6) Uno Minda gained 7.34%, extending its rally after reporting a solid Q2 FY26. Consolidated revenue climbed 13% YoY (and 9% sequentially) to ₹4,814 crore, while profit before tax jumped 20% YoY and 22% QoQ to ₹346 crore, underscoring strong operational momentum.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25574): Buy between 25450-25500 zone. Stop 24927. Targets 25653/25807. Aggressive targets at 26000-26300 zone.

Bank Nifty (57937): Buy between 57100-57300 zone. Stop at 56351. Targets 58000/58577. Aggressive targets at 59000-59300 zone.

Our chart of the day is bearish on IRCTC, and ETERNAL on any early excessive intraday strength with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (CMP 3664): Buy at CMP. Stop at 3431. Targets 3721/3809. Aggressive targets at 4000. (Interweek Strategy). Rationale: Momentum Play. Signaling a massive breakout on the upside. Key interweek support 3556. Major hurdles only at 3721 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 3122.

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.

GIFT Nifty 🇮🇳: (+41, 25707)

Before we start, the Market Recap:

In Monday’s trade, Nifty witnessed optimistic start — as bullish investors stepped-in amidst 1-positive catalyst:

US lawmakers are nearing a deal to end the record-long government shutdown.

The Road Ahead for Tuesday’s trading:

Risk of aggressive selling from bears camp remains on any excessive strength.

The 2-Headwinds:

1) Delhi Bomb Blast could dent sentiments. Delhi on high alert after explosion.
2) FIIs sell aggressively in Monday’s trade to the tune of Rs. 4115 Crores.

Technically Speaking:

Strength will be confirmed only above Nifty 25,807 levels.

For Tuesday’s session, Nifty’s 25,653 will act as a major hurdle.

Bottom Line:

Market sentiment remains fragile, and the battle for directional clarity is likely to continue.

Expect Nifty to remain range-bound with negative bias initially, and then hopefully bulls regrouping at lower levels.

Nifty Outlook:

Bullish sentiment remains clouded by uncertainty, leaving markets adrift in choppy seas of indecision.

STOCKS IN SPOTLIGHT:

1) The Nifty IT index emerged as the star performer in yesterday’s trade, climbing 1.62%, as investors engaged in value-buying after the recent correction in technology counters.

2) HBL Engineering soared 10.72% after posting a fourfold jump in consolidated net profit to ₹387.27 crore in Q2 FY26, versus ₹87.26 crore in the same quarter last year.

3) National Aluminium Company (NALCO) advanced 9.61% on the back of a stellar Q2 FY26 performance. Standalone net profit jumped 34.9% YoY to ₹1,433.17 crore, while revenue from operations rose 7.27% to ₹4,292.34 crore.

4) FSN E-Commerce Ventures (Nykaa) rallied 5.75% after reporting a 242.9% YoY surge in consolidated net profit to ₹34.43 crore, on a 25.1% increase in revenue to ₹2,345.98 crore in Q2 FY26, reflecting strong traction in beauty and fashion segments.

5) Trent Ltd. slipped 7.42% despite delivering a steady Q2 FY26. Consolidated revenue rose 16% YoY to ₹4,818 crore, EBITDA increased 14% to ₹575 crore, and PAT grew 11% to ₹373 crore — though profit-booking weighed on the stock post results.

6) Uno Minda gained 7.34%, extending its rally after reporting a solid Q2 FY26. Consolidated revenue climbed 13% YoY (and 9% sequentially) to ₹4,814 crore, while profit before tax jumped 20% YoY and 22% QoQ to ₹346 crore, underscoring strong operational momentum.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25574): Buy between 25450-25500 zone. Stop 24927. Targets 25653/25807. Aggressive targets at 26000-26300 zone.

Bank Nifty (57937): Buy between 57100-57300 zone. Stop at 56351. Targets 58000/58577. Aggressive targets at 59000-59300 zone.

Our chart of the day is bearish on IRCTC, and ETERNAL on any early excessive intraday strength with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (CMP 3664): Buy at CMP. Stop at 3431. Targets 3721/3809. Aggressive targets at 4000. (Interweek Strategy). Rationale: Momentum Play. Signaling a massive breakout on the upside. Key interweek support 3556. Major hurdles only at 3721 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 3122.

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.

GIFT Nifty 🇮🇳: (-2, 25577)

Before we start, Market Recap: Friday’s trade at Dalal Street reflected a fragile sentiment as the tug-of-war for directional clarity persisted. Nifty remained confined within a narrow trading band, oscillating with a mild negative bias amid indecision and lack of conviction.

The Road Ahead: Sellers may turn cautious in the near term as markets reassess the recent steep correction. A potential pause in selling pressure could set the stage for short-covering and selective accumulation at lower levels.

The Positive Catalyst: In Friday’s session, FIIs were net buyers to the tune of ₹6,675 crore, offering a much-needed relief signal to sentiment.

The 3 Headwinds ⚠

1️⃣ Muted Q2 earnings season continues to weigh on confidence across Corporate India.
2️⃣ In the U.S., the government shutdown remains unresolved, further delaying key economic data releases.
3️⃣ Fed Chair Jerome Powell’s remarks added to caution, as he reiterated discomfort with rate cuts amid persistent services inflation and limited clarity on future data.

Technically Speaking

• Strength confirmation only above 25,807 levels.
• For Monday’s session, 25,653 will act as a major hurdle.

Earnings to Watch (Monday, November 10)

• Syrma SGS Technologies
• Vodafone Idea
• V-Mart Retail

Meanwhile, investors will closely track the ongoing Q2 earnings season, alongside key domestic macro-economic indicator.

Consumer inflation data which will take center stage on Wednesday, 12 November 2025.

Also due on Wednesday is the M3 Money Supply report for the week ended 31 October.

Towards the end of the week, i:e on Friday, November 14th 2025, markets will brace the Wholesale Price Inflation (WPI) figures for October, scheduled for release on.

Nifty Outlook: Market sentiment remains fragile, with the battle for directional clarity far from over.

Expect Nifty to stay range-bound with a negative undertone initially, followed by possible bullish regrouping at lower levels as value-buying reemerges.

Bottom Line: Bullish sentiment stays clouded by uncertainty — markets continue to drift in choppy waters of indecision.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25492): Buy at CMP. Stop 24927. Targets 25653/25807. Aggressive targets at 26000-26300 zone.

Bank Nifty (57877): Buy at CMP. Stop at 56351. Targets 58000/58577. Aggressive targets at 59000-59300 zone.

Our chart of the day is bullish on Thyrocare Technologies, M&M and BRITANNIA on any early excessive intraday strength with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (CMP 3690): Buy at CMP. Stop at 3431. Targets 3721/3809. Aggressive targets at 4000. (Interweek Strategy). Rationale: Momentum Play. Signaling a massive breakout on the upside. Key interweek support 3556. Major hurdles only at 3721 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 3122.

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.

GIFT Nifty 🇮🇳: (-76, 25515)

Market Recap: In Thursday’s trade, the benchmark Nifty tumbled sharply, as the pessimism prevailed for 2nd straight day.

The negative takeaway? — “Nifty’s sentiment remained fragile — with Nifty trapped in a narrow range and lacking bullish conviction.”

The Road Ahead:

“The pessimism at Dalal Street is such that there is no place to run or hide for the bulls.”

The 2-Headwinds:

1) Pessimism revolves around Fed’s Goolsbee who too echoed a concern laid out by Fed Chairman Jerome Powell, saying that they are uneasy about rate cuts without inflation data, citing rising services inflation right before the shutdown.

2) In yesterday’s trade, FIIs turned out to be net sellers to the tune of Rupees 3263

The Positive Catalyst: Hopes of a favourable outcome from the ongoing U.S.–India trade negotiations.

Technically Speaking: Strength will be confirmed only above 25,903 levels. For Friday’s session, 25,777 will act as a major hurdle.

Bottom Line: Market sentiment remains fragile, and the battle for directional clarity is likely to continue.

Expect Nifty to remain range-bound with negative bias, absolutely without bullish conviction.

STOCKS IN SPOTLIGHT:

1) Redington (+14.75%) surged after its consolidated revenue for Q2 FY26 stood at Rs 29,118 crore, up 17% year-on-year, driven by robust demand across India, the Middle East, and Africa. Net profit jumped 32% YoY to Rs 388 crore, while EBITDA rose 23% YoY to Rs 632 crore.

2) Astral (+7.14%) zoomed higher after its revenue from operations rose 15.1% year-on-year to Rs 1,577.4 crore, up from Rs 1,370.4 crore in Q2 FY25, driven by sustained demand in both core segments.

3) Delhivery (-10%) slumped after the company reported a consolidated net loss of Rs 50.37 crore in Q2 FY26, compared with a net profit of Rs 10.20 crore in Q2 FY25.

4) Avanti Feeds (+3.63%) rallied after the company’s consolidated net profit jumped 34.87% to Rs 153.29 crore in Q2 FY26 as against Rs 113.65 crore in Q2 FY25.

Q2 corporate earnings to watch:

 Friday (November 6th): BAJAJ AUTO, HINDALCO, DIVIS LAB, TRENT, TORRENT PHARMA, NYKAA, KALYAN JEWELLERS, PETRONET LNG, NEULAND LAB.

Nifty Outlook: Bullish sentiment remains clouded by uncertainty, leaving markets adrift in choppy seas of indecision.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25510): Sell at CMP. Stop 25827. Targets 25413/25303. Aggressive targets at 25011-25050 zone.

Bank Nifty (57827): Sell at CMP. Stop at 58751. Targets 56901/56600. Aggressive targets at 55600-55700 zone.

Our chart of the day is bearish on IRCTC, DLF and HAL on any early excessive intraday strength with an interweek/Intermonth perspective.

The 1 Stock to Sell Right Now: Sell IRCTC (CMP 703): Sell at CMP. Stop at 731. Targets 689/675. Aggressive targets at 656. (Interweek Strategy). Rationale: Signalling a massive breakdown from a lower consolidation zone on the daily charts. Key interweek support 656. Major hurdles only at 725 mark. 200-DMA at 742.

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.

GIFT Nifty 🇮🇳: (+84, 25737)

Market Recap: In Tuesday’s trade, the benchmark Nifty tumbled sharply, snapping its recent winning streak.

The negative takeaway? — there was no place to hide for the bulls as broad-based selling swept across sectors.

The Road Ahead: However, this Thursday morning, there’s a bright chance of a rebound, with Nifty and key stocks likely to stage a recovery from Tuesday’s drubbing.

The Positive Catalysts:

1️⃣ Wall Street stabilises, easing some of the global pressure.
2️⃣ Hopes of a favourable outcome from the ongoing U.S.–India trade negotiations.

Union Commerce Minister Piyush Goyal on Wednesday said that talks on the proposed India–U.S. Bilateral Trade Agreement (BTA) are progressing smoothly, though he cautioned that “many sensitive and serious issues” remain unresolved.

The Headwind:

⚠ The Fed’s ambiguous stance on a potential December rate cut continues to cloud investor sentiment.
Federal Reserve officials have refrained from providing a clear timeline for policy easing, keeping traders cautious.

Bottom Line: Market sentiment remains fragile, and the battle for directional clarity is likely to continue.

Expect Nifty to remain range-bound, wavering without firm conviction.

Technically Speaking:

Strength will be confirmed only above 26,107 levels.

For Thursday’s session, 26,903 will act as a major hurdle.

STOCKS IN SPOTLIGHT:

1) Britannia Industries reported a strong second quarter for FY26, with net profit rising 34% year-on-year to ₹689.95 crore in the quarter ended September, compared to ₹514.41 crore in the same period last year.

2) Delhivery’s revenue from operations rose almost 17% YoY to Rs 2,559.3 crore in Q2, up from Rs 2,189.7 crore a year ago. The firm however posted a loss of Rs 50.5 crore in the second quarter (Q2) of financial year 2025-26 (FY26).

Q2 corporate earnings to watch:

Thursday (November 5th): LIFE INSURANCE, CHOLAMANDALAM FINANCE, CUMMINS, ABB, APOLLO HOSPITALS, LUPIN, GODREJ PROPERTIES, NHPC, UPL, MCX, NCC, PRICOL.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25598): Buy at CMP. Stop 25371. Targets 25750/25903. Aggressive targets at 26107-26300 zone.

Bank Nifty (57827): Buy at CMP. Stop at 56151. Targets 58000/58600. Aggressive targets at 58900-59100 zone.

Our chart of the day is bullish on APOLLO HOSPITAL, BRITANNIA, and LAURUS LAB on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (CMP 3581): Buy at CMP. Stop at 3421. Targets 3611/3721. Aggressive targets at 4000. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 3451. Major hurdles only at 3721 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 3116.

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.

GIFT Nifty 🇮🇳: (-32, 25887)

Before we start, here is a gentle reminder that our stock markets will remain closed on Wednesday, November 5th 2025 on account of Guru Nanak Jayanti.

Now to the big question of the day: Will the bulls stage a comeback, or will caution continue to weigh on sentiment?

Strictly speaking, Nifty’s record peak of 26,277.35 may remain just out of reach for now, as investors adopt a wait-and-watch approach with a mildly negative bias toward Indian equities.

Key Headwinds:

1) The Fed’s ambiguous stance on a potential December rate cut.

2) Lack of clarity in the ongoing U.S.–India trade negotiations.

3) Muted Q2 earnings season from India Inc.

Our call of the day suggests that the session is likely to see intense back-and-forth action, with bears resisting every upward move, keeping volatility elevated.

Technically speaking, confirmation of strength is only above the 26107 mark. For Tuesday’s trade, Nifty 25927 will act as a big hurdle.

Long Story Short: Technically, look for buying only above Nifty 26107 mark.

STOCKS IN SPOTLIGHT:

Vodafone Idea: In yesterday’s trade, shares of Vodafone Idea (+9.74%) zoomed higher towards its 10% upper circuit after the Supreme Court clarified that the government is free to consider relief on both additional and reassessment of the AGR dues.

Q2 earnings for the day:

SBI
M&M
ADANI PORTS
ADANI ENTERPRISES
INDIGO
INDIAN HOTELS
PAYTM
SUZLON ENERGY
ESCORTS
GRSE.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25763): Sell between 25850-25900 zone. Stop at 26421. Targets 25600/25451. Aggressive targets at 24900-25101 zone.

Bank Nifty (58101): Sell at CMP. Stop at 58951. Targets 57351/57000. Aggressive targets at 56600-56700 zone.

Our chart of the day is bullish on APOLLO HOSPITAL, BHARAT DYNAMICS (BDL) and M&M on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (CMP 3549): Buy at CMP. Stop at 3421. Targets 3611/3721. Aggressive targets at 4000. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 3451. Major hurdles only at the 3721 mark. The sequence of higher high/low is intact on all-time-frames. 200-DMA at 3113.

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.

GIFT Nifty 🇮🇳: (-35, 25866)

Welcome to the 1st trading day of the week — and the November month.

First, the re-cap of Friday’s trading: Nifty, Sensex and Bank Nifty received massive drubbing in Friday’s trade. The negative takeaway was that all sectoral indices ended in red barring Nifty PSU Banks.

The 3-big questions:

1) Are Nifty and its stocks already priced to perfection?
2) The return of risk??
3) Will the bulls stage a comeback, or will caution continue to weigh on sentiment?

Nifty’s record peak of 26,277.35 may remain just out of reach for now, as investors adopt a wait-and-watch approach with a mildly negative bias toward Indian equities.

Key Headwinds:

1) The Fed’s ambiguous stance on a potential December rate cut.

2) Lack of clarity in the ongoing U.S.–India trade negotiations.

3) Muted Q2 earnings season from India Inc.

Now, here is good news:

India’s Goods and Services Tax (GST) collections for October 2025——grew 4.6% year-on-year to ₹1.96 lakh crore, indicating resilience in consumption despite extensive GST rate rationalisation during the month.

Agreed that the October GST figures aligns with Indian government expectations, but please note, the street still believes that only the upcoming November-December months will offer a clearer picture of revenue buoyancy under the new lower-rate regime.

Long Story Short: Technically, look for buying only above Nifty 26107 mark.

Until then the gyan mantra is to stay cautious on long positions.

Meanwhile, our stock markets will remain closed on Wednesday, November 5th 2025 on account of Guru Nanak Jayanti.

STOCKS IN SPOTLIGHT:

Q2 earnings for the day:

BHARTI AIRTEL
TITAN
POWERGRID
AMBUJA CEMENTS
TATA CONSUMER
AJANT PHARMA
JK PAPER.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25722): Sell between 25800-25800 zone. Stop at 26421. Targets 25600/25451. Aggressive targets at 24900-25101 zone.

Bank Nifty (57776): Sell at CMP. Stop at 58751. Targets 57351/57000. Aggressive targets at 56600-56700 zone.

The 1 Stock to Buy Right Now: Buy ESCORTS KUBOTA (CMP 3787): Escorts Kubota is a well-known engineering conglomerate with operations in agricultural machinery, construction & material handling equipment, and railway equipment. The company entered a strategic partnership with Japan’s Kubota Corporation. Look to buy at CMP, and on dips between 3450-3500 zone, targeting 3900/4181, and then aggressive targets at 4550-4750 zone. Stop below 3163. Holding Period 9-12 Months.

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.

GIFT Nifty 🇮🇳: (+32, 26055)

Welcome to the final trading day of the week — and the month.

Nifty and Sensex received massive drubbing in yesterday’s trade.

💭 The Big Question:

Will the bulls stage a comeback, or will caution continue to weigh on sentiment?

🔍 Market Mood: “Buy on Rumour, Sell on Fact” in Play

The classic market behaviour seems evident once again as:
1️⃣ The much-anticipated Xi–Trump meeting failed to spark optimism.
2️⃣ The U.S. Federal Reserve’s 25 bps rate cut also fell short of lifting market sentiment.

🌤 The Good News

Despite the muted tone, bears remain largely on the sidelines, suggesting underlying support for the market.

📊 Technical View

Confirmation of strength now only above the Nifty 26,107 mark.

Until then, expect a choppy, range-bound session with intraday volatility.

💨 The Biggest Headwind

In yesterday’s volatile session:

FIIs were net sellers to the tune of ₹3,078 crore,

While DIIs emerged as net buyers worth ₹2,469 crore.

🧾 Key Earnings on Radar — Friday, October 31:

Maruti Suzuki, Bharat Electronics, Shriram Finance, Godrej Consumer Products, ACC

Q2 Earnings trickled in:

1) Bandhan Bank Q2 Results: Net profit plunges 88% to Rs 112 crore, NII drops 12%.

2) Swiggy Q2 results: Net loss widens to Rs 1,092 crore, revenue rises 54%. Swiggy’s revenue from operations rose 54.4% YoY to Rs 5,561 crore in Q2, up from Rs 3,601 crore a year ago. It had reported a revenue of Rs 4,961 crore in the previous quarter.

3) Manappuram Finance reported a 62% decline in second-quarter net profit to ₹217.3 crore, compared with ₹572 crore a year earlier, weighed down by a fall in net interest income (NII).

4) ITC Q2 results: Net profit rises 2% to Rs 5,180 cr, revenue declines 2%; Cigarettes business grew 6.6% FMCG business grew by 7% Agri business down 31% Paper business up 5%

5) Nippon Life reported a 4.2% year-on-year (YoY) decline in net profit at ₹345 crore for the quarter ended September (Q2 FY26), compared with ₹360 crore in the same period last year.

6) Coromandel International reported a 21.3% year-on-year rise in consolidated net profit at ₹805.2 crore for the September quarter. The stock tumbled after margin narrowed at 11.9% versus 13%.

7) Cipla Ltd reported a 3.7% rise in consolidated net profit at Rs 1,353.37 crore for the second quarter ended September 30, 2025. Margin came at 25% versus 26.7%.

8) Welspun Corp Q2 net profit jumps 53% to ₹439 crore, revenue surges 33%. Welspun Corp gains as US arm bags US$715 million pipeline orders.

9) Canara Bank reported a 19% year-on-year (y-o-y) growth in its net profit, at ₹4,774 crore for Q2 FY26. However, the bank’s Net Interest Income (NII) declined by 1.87%, falling to ₹9,141 crore from ₹9,315 crore in the corresponding quarter last year.

10) Navin Fluorine International Limited posted strong Q2 results with net profit more than doubling to ₹148.37 crore, up 152% year-over-year. Revenue increased by 46% to ₹758.42 crore, while EBITDA grew 130% to ₹246.00 crore.

11) TD Power Systems Ltd reported a net profit of ₹60 crore for the second quarter, up 45.4% from ₹41.3 crore in the same period last year. Revenue for the quarter stood at ₹452.5 crore, reflecting a 47.7% increase from ₹306.4 crore in Q2 of the previous year.

12) NTPC profit falls 3.9% to Rs 5,067 crore in the second quarter of this financial year. Revenue rose by 0.2% year-on-year for the three months ended September. Margin at 28.6% versus 26.1%.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25878): Buy at CMP. Stop at 25421. Targets 26107/26277. Aggressive targets at 26700-27000 zone.

Bank Nifty (58031): Buy at CMP. Stop at 56660. Targets 58350/58600. Aggressive targets at 59100-59500 zone.

Our chart of the day is bullish on LTIM, POLYCAB, LAURUS LAB, L&T FINANCIAL, HUDCO and CANARA BANK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy LTIM (CMP 5699): Buy at CMP. Stop at 5537. Targets 5801/5921. Aggressive targets at 6096. (Interweek Strategy). Rationale: Technically, the stock is signalling a massive rebound on the upside from higher consolidation zone. Major hurdles only at 5801. Key interweek support 5571. Above 5801, major hurdles only at 6096 mark. 200-DMA at 5526.

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.

GIFT Nifty 🇮🇳: (-89, 26167)

A modestly weak start for Indian equities this morning FIIs turned net sellers in yesterday’s otherwise positive session.

Adding to the cautious tone, Wall Street hit the pause button overnight, with the Dow Jones slipping lower after briefly climbing above the 48,000 mark, as investors booked profits amid mixed cues.

Market sentiment was further dampened after Fed Chair Jerome Powell pushed back on expectations of a December rate cut.

Meanwhile, the 2-key positive takeaway from yesterday’s trade was that:

1) Nifty finally reclaimed the much coveted 26000 mark.

2) The good news was that all the sectoral indices ended in green indicating all-round buying at Dalal Street.

Bottom-line: A softer start likely amid global caution, but underlying domestic strength remains the key anchor. All anxious eyes now on the face-to-face meet of President Trump and Chinese President Xi Jinping.

STOCKS IN SPOTLIGHT:

1) Coal India (-2.16%) dropped after it reported that its net profit slumped over 50% on the quarter to Rs 4,354 crore during July–September.

2) Varun Beverages (+9.10%) gained after it announced that its looking to forays Into Alcohol Business.

3) Computer Age Management Services (CAMS) (-3.25%) plunged after SEBI’s proposals in mutual funds triggered concerns for the sector.

4) M&M Financial shot higher after its Q2FY26 total Income moved up 12.7% to Rs 5,049 crore versus Rs 4,479 crore. Net Profit up 45% to Rs 564 crore versus Rs 389 crore.

5) BHEL Q2 profit tripled to Rs 375 Crore, revenue rose by 14.1% year-on-year for the three months ended September, reaching Rs 7,511.8 crore.

6) Blue Dart Express rallied 20% after the company’s standalone net profit climbed 30.8% to Rs 79.50 crore on 7% increase in net sales to Rs 1,549.33 crore in Q2 FY26 over Q2 FY25.

7) Adani Green Energy (+11.06%) rallied after reporting over two-fold jump in Q2 PAT to Rs 583 cr.

Key Earnings on radar this week:

 Thursday (October 30): ITC, Pidilite Industries, Cipla, Canara Bank, and Dabur India.

 Friday (October 31): Maruti Suzuki India, Bharat Electronics, Shriram Finance, Godrej Consumer Products, and ACC.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26054): Buy at CMP. Stop at 25621. Targets 26107/26277. Aggressive targets at 26700-27000 zone.

Bank Nifty (58385): Buy at CMP. Stop at 56660. Targets 58550/58900. Aggressive targets at 59300-59500 zone.

Our chart of the day is bullish on DELHIVERY, LAURUS LAB, L&T FINANCIAL, HUDCO and CANARA BANK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy DELHIVERY (CMP 485): Buy at CMP. Stop at 463. Targets 503/523. Aggressive targets at 561. (Interweek Strategy). Rationale: Signalling a massive breakout on the daily charts. The sequence of higher high/low is intact on all time frames. Key interweek support 451. Major hurdles only at 503 mark. 200-DMA at 368.

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.

GIFT Nifty 🇮🇳: (+54, 26144)

Volatility was a hallmark of yesterday’s trade but the positive takeaway was that constructive FIIs buying was witnessed.

In yesterday’s volatile session, FIIs turned out to be net buyers to the tune of Rs 10340 Crores

A wave of positivity is likely to welcome investors on the 1st trading day of November F&O series.

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

NIFTY (CMP 25936): Biggest interweek support for Nifty is now placed at 25701 on closing basis.

The 2-positive catalysts:

1) Hopes of a Fed rate cut to be wired on Wednesday, October 29th.

2) Hopes of a breakthrough in the US-China trade standoff.

Key Earnings to watch this week:

Wednesday, October 29: Larsen & Toubro, Coal India, HPCL, United Breweries

Thursday, October 30: ITC, PIDILITE, CIPLA, CANARA BANK, DABUR INDIA

Nifty Outlook: Bullish sentiment likely to stay alive, with all eyes on Nifty’s all-time high of 26,277.35 with an interweek perspective.

STOCKS IN SPOTLIGHT:

1) TTK Prestige (+10.7%) zoomed after the company reported 22.25% YoY growth in its net profit at Rs 94.22 crore, while revenue soared 11% for the quarter ended on September 30, 2025. Ebitda margins improved to 11.56% for the quarter.

2) CarTrade Tech (+17.63%) spiked, scaling a new 52-week high. After its net profit more than doubled on yearly basis to Rs 60 crore, while revenue increased 25% YoY to Rs 193 crore for the quarter. Margins improved sharply to 32.88% for the reported period.

3) TVS Motor Company reported a 42% jump in consolidated net profit at ₹795.48 crore for second quarter of the financial year 2025-26 (Q2F26), from ₹560.49 crore in the same period last year. Sequentially, the profit grew 30 per cent from ₹610.04 crore.

4) Jk Tyre rallied 3.61% after the company’s consolidated net profit jumped 64% to Rs 221.40 crore on a 10.8% increase in net sales to Rs 4,011.31 crore in Q2 FY26 over Q2 FY25.

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

Wednesday (October 29): Larsen & Toubro, Coal India, HPCL, and United Breweries.

Thursday (October 30): ITC, Pidilite Industries, Cipla, Canara Bank, and Dabur India.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25936): Buy at CMP. Stop at 25621. Targets 26100/26277. Aggressive targets at 26700-27000 zone.

Bank Nifty (58214): Buy at CMP. Stop at 56660. Targets 58550/58900. Aggressive targets at 59100-59500 zone.

Our chart of the day is bullish on LAURUS LAB, L&T FINANCIAL and CANARA BANK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy LAURUS LAB (CMP 960): Buy at CMP. Stop at 927. Targets 977/989. Aggressive targets at 1013. (Interweek Strategy). Rationale: Laurus reported a strong Q2 FY26 performance, with consolidated net profit soaring multifold to ₹194.97 crore, compared with ₹19.78 crore in Q2 FY25. Key interweek support 893. Major hurdles only at 977 mark. 200-DMA at 709.

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.