Nifty listless in early action as bulls and bears wrestle for dominance, leaving the benchmark caught in a range amid rising intraday volatility.

SBI, M&M, PAYTM Q2 Eyed.

Nifty (-55, 25708)
Sensex (-162, 83815)
Bank Nifty (-177, 57924)

Nifty (CMP: 25708)

SUPPORT: 25579/25451
RESISTANCE: 25927/26107
TRADING RANGE (25650-26800)
BIAS: Neutral

SECTOR GAINER:

NIFTY MEDIA (+0.63%)
NIFTY REALITY (+0.23%)
NIFTY CONSUMER (+0.25%)

SECTOR LOSER:

NIFTY AUTO (-0.75%)
NIFTY FMCG (0.55%)
NIFTY IT (-0.51%)

PCONSUMER (-0.81%)
NIFTY DIGITAL (-0.55%)
NIFTY IT (-0.53%)

STOCKS IN SPOTLIGHT:

1) VRL Logistics (-4.35%) drops despite its Q2 PAT rises 39% YoY to Rs 49.9 cr, compared with Rs 35.82 crore in Q2 FY25.

2) Bharti Airtel (+2.26%) gains after Q2 PAT jumps 89% YoY to Rs 6,792 cr; ARPU climbs to Rs 256

3) Hero MotoCorp (-3.3%) drops after the company said it dispatched 635,808 motorcycles and scooters in October 2025, down 6.37% from 679,091 units in the October 2024.

4) RITES (+1.33%) advanced after the company said it has secured a construction order worth Rs 372.68 crore from the National Institute of Mental Health & Neurosciences (NIMHANS).

KEY THEMES FOR THE DAY:

1) As widely expected, Nifty struggles for direction — a tug-of-war between the bulls and bears witnessed as both sides fought to make their mark — reflecting indecision and heightened volatility.

2) Sentiment still fragile at Dalal Street after Friday’s drubbing, the battle for directional clarity continues — and Nifty remains caught in a narrow range, wavering without conviction.

Caution is the buzzword!

2) The trading theme still revolves around FIIs selling in Friday’s trade to the tune of ₹6,769 crore, and then in Monday’s trade to the tune of ₹1,884 triggering concerns over sustained pressure on Indian equities.

3) Key Q2 Earnings:

• Tuesday (November 4th): SBI, M&M, ADANI PORTS, ADANI ENTERPRISES, INDIGO, INDIAN HOTELS, PAYTM, SUZLON ENERGY, ESCORTS, GRSE.

• Wednesday (November 5th): SUN PHARMA, GRASIM, AUROBINDO PHARMA, BLUE STAR, DELHIVERY, PIRAMAL PHARMA, BEML.

4) Here is a gentle reminder that our stock markets will remain closed on Wednesday, November 5th 2025 on account of Guru Nanak Jayanti.

Top Index Gainers:
BHARTI AIRTEL (+2.31%)
TITAN (+1.26%)
HDFC LIFE (+0.72%)
ADANI ENTERPRISES (+0.56%)
SHRIRAM FINANCE (+0.52%)

Top Index Losers:
POWERGRID (-2.69%)
TATA CONSUMER (-2.6%)
ETERNAL (-1.57%)
BAJAJ AUTO (-1.16%)
HCL TECH (-1.08%)

10:10 AM GLOBAL UPDATE:

Dow Futures: (-147, 47191)
Nasdaq 100 Futures (-161, 25812)

Nikkei (-267, 52147)
Hang Seng (+51, 26209)

Dollar Index (+0.03%, 99.91)
WTI OIL (-0.27%, 60.87)
Gold (-11, 991)

Securities in Ban for Trade Date: Tuesday, November 4th 2025*

NIL

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.

As widely expected, Nifty struggles for direction — a tug-of-war between the bulls and bears witnessed as both sides fought to make their mark — reflecting indecision and heightened volatility.

Nifty (-1, 25721)
Sensex (-61, 83878)
Bank Nifty (+232, 58008)

Nifty (CMP: 25721)

SUPPORT: 25579/25451
RESISTANCE: 25900/26107
TRADING RANGE (25650-26800)
BIAS: Neutral

SECTOR GAINER:

PSU BANKS (+2.17%)
NIFTY REALITY (+1.43%)
NIFTY OIL & GAS (+0.69%)

SECTOR LOSER:

NIFTY PCONSUMER (-0.81%)
NIFTY DIGITAL (-0.55%)
NIFTY IT (-0.53%)

STOCKS IN SPOTLIGHT:

1) Patanjali Foods (-4.57%) plunged posted a 67.4 percent year-on-year rise in standalone net profit to Rs 517 crore in Q2 FY26, marking its strongest quarter to date on turnover and profit metrics. Revenue rose 21 percent year-on-year to Rs 9,344.9 crore, while EBITDA increased 19.4 percent to Rs 552 crore. EBITDA margin stood at 5.6 percent, marginally lower than 5.7 percent a year earlier.

2) JK Cement (-3.67%) plunged as Q2 PAT halves QoQ to Rs 161 cr; EBITDA margin expands to 15.1%. The company reported a 50.52% tumble in consolidated net profit to Rs 160.53 crore on a 9.94% drop in revenue from operations to Rs 3,019.20 crore in Q2 FY26 as compared with Q1 FY26.

3) Medplus Health Services (+11.82) jumped out of the gate after the company reported a 43.3% jump in consolidated net profit to Rs 55.50 crore on 6.5% increase in revenue from operations to Rs 1,679.33 crore in Q2 FY26 over Q2 FY25.

4) Bank of Baroda (+4.29%) jumped after the bank reported a 8.2% decline in standalone net profit to Rs 4,809.39 crore on 1.2% decline in total income to Rs 35,025.76 crore in Q2 FY26 over Q2 FY25.

5) R R Kabel (+1.5%) climbed after the company’s consolidated net profit surged 133.1% to Rs 116.26 crore in Q2 FY26, compared with Rs 49.53 crore in Q2 FY25. Revenue from operations increased 19.5% YoY to Rs 2,163.77 crore in Q2 FY26.

KEY THEMES FOR THE DAY:

1) Sentiment still fragile at Dalal Street after Friday’s drubbing, the battle for directional clarity continues — and Nifty remains caught in a narrow range, wavering without conviction.

Caution is the buzzword!

2) The trading theme still revolves around FIIs selling in Friday’s trade. to the tune of ₹6,769 crore, triggering concerns over sustained pressure on Indian equities.

3) Key Q2 Earnings:

 Monday (November 3rd): BHARTI AIRTEL, TITAN, POWERGRID, AMBUJA CEMENTS, TATA CONSUMER, AJANT PHARMA, JK PAPER

 Tuesday (November 4th): SBI, M&M, ADANI PORTS, ADANI ENTERPRISES, INDIGO, INDIAN HOTELS, PAYTM, SUZLON ENERGY, ESCORTS, GRSE.

 Wednesday (November 5th): SUN PHARMA, GRASIM, AUROBINDO PHARMA, BLUE STAR, DELHIVERY, PIRAMAL PHARMA, BEML.

Top Index Gainers:
SHRIRAMFIN (+5.35%)
M&M (+1.96%)
SBI (+1.32%)
INDIGO (+0.86%)
EICHER MOTORS (+0.66%)

Top Index Losers:
MARUTI (-3.3%)
BEL (-1.5%)
TITAN (-1.36%)
NESTLE INDIA (-0.87%)
TCS (-0.78%)

# 10:45 AM GLOBAL UPDATE:

Dow Futures: (+47, 47611)
Nasdaq 100 Futures (+103, 25961)

Nikkei (Closed, 52411)
Hang Seng (+169, 26076)

Dollar Index (-0.03%, 99.77)
WTI OIL (-0.74%, 60.13)
Gold (+5, 4008)

Securities in Ban for Trade Date: Monday, November 3rd 2025*
NIL

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 the day on the front foot and most importantly, aims to end the day on the higher footing.

Nifty (+86, 26035)
Sensex (+281, 84909)
Bank Nifty (-43, 58171)

Nifty (CMP: 26035)

SUPPORT: 25701/25451
RESISTANCE: 26100/26277
TRADING RANGE (25900-26100)
BIAS: Positive

SECTOR GAINER:

NIFTY METAL(+1.93%)
NIFTY OIL & GAS (+1.69%)
NIFTY PHARMA (+1.06%)

SECTOR LOSER:

NIFTY AUTO (-0.23%)
NIFTY PRIVATE BANK (-0.06%)
NIFTY PSU BANK (-0.15%)

STOCKS IN SPOTLIGHT:

Blue Dart Express rallied 4.6% 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..

Adani Green Energy (+5.7%) rallies after reporting over two-fold jump in Q2 PAT to Rs 583 cr.

KEY THEMES FOR THE DAY:

The 3-Big Catalysts this week:

1) The Fed meeting to be wired on Wednesday, October 29th.

2) President Trump and China’s Xi high-stakes summit this Thursday, October 30.

3) The earnings calendar promises to be eventful.

Key Earnings on radar for the day:

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

Top Index Gainers:

JSWSTEEL (+2.40%)
TATASTEEL (+1.86%)
NTPC (+1.70%)
ONGC (+1.52%)
COALINDIA (+1.51%)

Top Index Losers:

M&M(-0.95%)
ETERNAL(-0.94%)
SHRIRAMFIN (-0.87%)
BEL(-0.62%)
BAJFINANCE (-0.55%)

11:00 AM GLOBAL UPDATE:

Dow Futures: (-8, 47696)
Nasdaq 100 Futures (+110, 26122)
Nikkei (+1255, 51474)
Hang Seng (Closed, 26346)
Dollar Index (+0.06%, 98.77)
WTI OIL (-0.11%, 60.09)
Gold (+17, 3968)

Securities in Ban for Trade Date: Tuesday, October 28th 2025*
SAMMAANCAP

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 succumbs to massive selling pressure amidst profit booking as volatility spikes on the October F&O expiry day.

Nifty (-105, 25861)
Sensex (-413, 84374)
Bank Nifty (-269, 57846)

Nifty (CMP: 25861)

SUPPORT: 25701/25451
RESISTANCE: 26100/26277
TRADING RANGE (25800-26000)
BIAS: Positive

SECTOR GAINER:

NIFTY METAL (+0.90%)
NIFTY MEDIA (+0.33%)
NIFTY PSU BANKS (+0.07%)

SECTOR LOSER:

NIFTY CONSUMER (-0.92%)
NIFTY IT (-0.81%)
NIFTY REALITY (-0.82)

STOCKS IN SPOTLIGHT:

Megasoft was locked in a 5% upper circuit after the company said that its wholly owned subsidiary Sigma Advanced Systems UK has signed a share purchase agreement for the acquisition of a 100% stake in Nasmyth Group, United Kingdom.

Jk Tyre & Industries rallied 2.44% 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.

KEY THEMES FOR THE DAY:

The 3-Big Catalysts this week:

1) The Fed meeting to be wired on Wednesday, October 29th.

2) President Trump and China’s Xi high-stakes summit this Thursday, October 30.

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

 Tuesday (October 28): TVS Motor Company, Adani Green Energy, Tata Capital, and Shree Cements.

 Wednesday (October 29): Larsen & Toubro, Coal India, Hindustan Petroleum Corporation, and United Breweries.

 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.

Top Index Gainers:
TATA STEEL (+2.34%)
SBI LIFE (+1.56%)
HDFC LIFE (+1.16%)
HINDALCO (+0.96%)
EICHER MOTORS (+0.92%)

Top Index Losers:
BAJAJ FINSERV (-1.53%)
BAJAJ FINANCE (-1.36%)
ICICI BANK (-1.30%)
TITAN (-1.28%)
NESTLE INDIA (-1.15%)

11:30 AM GLOBAL UPDATE:

Dow Futures: (-7, 47539)
Nasdaq 100 Futures (+39, 25860)

Nikkei (-377, 50135)
Hang Seng (-99, 26335)

Dollar Index (-0.13%, 98.71)
WTI OIL (+0.06%, 61.35)
Gold (+11, 3992)

Securities in Ban for Trade Date: Tuesday, October 28th 2025*
SAMMAANCAP
SAIL

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, joining the conga-line of rising stock markets across globe on US-China trade deal hopes.

Nifty (+159, 25954)
Sensex (+633, 84845)
Bank Nifty (+446, 58145)

Nifty (CMP: 25954)

SUPPORT: 25771/25551
RESISTANCE: 26100/26277
TRADING RANGE (25850-26050)
BIAS: Positive

SECTOR GAINER:

NIFTY PSU BANKS (+1.38%)
NIFTY REALITY (+1.32%)
NIFTY OIL & GAS (+1.17%)

SECTOR LOSER:

NIFTY DEFENCE (-0.28%)
NIFTY PHARMA (-0.11%)
NIFTY MEDIA (-0.09%)

STOCKS IN SPOTLIGHT:

1) Kotak Mahindra Bank (-1.9%) has slipped after its standalone net profit slipped 2.70% to Rs 3,253.33 crore in Q2 FY26 as against Rs 3,343.72 crore posted in Q2 FY25. However, total income rose 2.12% year on year (YoY) to Rs 16,238.59 crore in Q2 FY26.

2) GPT Infraprojects flared up 11% after the company announced that it has secured an order worth Rs 195 crore from Terminal Industriel Polyvalent de San Pedro (TIPSP) in Ivory Coast.

KEY THEMES FOR THE DAY:

The 3-Biggest Positive Catalyst:

1) Cooler US CPI report.
2) Possible trade-deal between the US and China.
3) In Friday’s volatile session, FIIs turned out to be net buyers to the tune of Rupees 621.50 Crores.

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

 Monday (October 27): Indian Oil Corporation, Adani Energy Solutions, Indus Towers, and SRF.

 Tuesday (October 28): TVS Motor Company, Adani Green Energy, Tata Capital, and Shree Cements.

Top Index Gainers:
SBI LIFE (+3.13%)
BHARTI AIRTEL (+2.47%)
RELIANCE (+1.98%)
SHRIRAM FINANCE (+1.68%)
HCL TECH (+1.44%)

Top Index Losers:
KOTAK BANK (-1.2%)
ADANI PORTS (-1.13%)
BEL (-1.09%)
BAJAJ FINANCE (-0.88%)
ONGC (-0.82%)

HUL (-3.42%)
CIPLA (-2.88%)
KOTAK BANK (-2.39%)
MAX HEALTH (-1.72%)
ADANI PORTS (-1.25%)

# 10:45 AM GLOBAL UPDATE:
Dow Futures: (+283, 47489)
Nasdaq 100 Futures (+275, 25634)

Nikkei (+1121, 50421)
Hang Seng (+255, 26415)

Dollar Index (-0.04%, 98.89)
WTI OIL (+0.25%, 61.65)
Gold (-37, 4075)

Securities in Ban for Trade Date: Monday, October 27th 2025

SAIL
SAMMAANCAP

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 wavers and struggles for direction after a positive start. Profit booking blamed. HUL drops 3% post Q2.

Nifty (-79, 25811)
Sensex (-275, 84281)
Bank Nifty (-243, 57835)

Nifty (CMP: 25811)

SUPPORT: 25771/25551
RESISTANCE: 26100/26277
TRADING RANGE (25750-26000)
BIAS: Positive

SECTOR GAINER:

NIFTY METAL (+1.44%)
NIFTY DEFENCE (+0.34%)
NIFTY REALITY (+0.13%)

SECTOR LOSER:

NIFTY FMCG (-1.34%)
NIFTY HEALTHCARE (-0.66%)
NIFTY MEDIA (-0.63%)

STOCKS IN SPOTLIGHT:

1) Federal Bank (+0.63%) gains after board approves capital raise proposal worth Rs 6,196.51 crore. The bank’s board approved a proposal to grant 27.29 crore warrants at a price of Rs 227 apiece to Asia II Topco XIII, amounting to a total cash consideration of Rs 6,196.51 crore.

2) Cipla tumbled 2.81% after the company announced that it has entered into an agreement with Eli Lilly to distribute tirzepatide in India under the brand name Yurpeak. The drug, indicated for the treatment of type 2 diabetes and obesity, will be priced at par with Eli Lilly’s Mounjaro.

3) Hindustan Unilever Ltd (HUL) plunged 3.21% after the firm posted a 4% year-on-year rise in consolidated net profit for Q2 FY26 to Rs 2,694 crore, but aided by a one-off tax gain.

KEY THEMES FOR THE DAY:

1) Keeping upside capped will be the 3-Negative Catalysts:

a) Oil prices spiked to $61.50 a barrel after President Trump imposed sanctions on Russia’s top oil majors, Rosneft and Lukoil.

b) Trade tensions resurfaced, following reports that the White House is considering restrictions on U.S. software exports to China.

c) In yesterday’s volatile session, FIIs turned out to be net sellers to the tune of Rupees 1166 Crores.

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

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

Saturday, October 25 – KOTAK MAHINDRA BANK

Top Index Gainers:
HINDALCO (+3.75%)
ONGC (+1.71%)
SHRIRAM FINANCE (+1.25%)
ICICI BANK (+1.15%)
TATA STEEL (1.13%)

Top Index Losers:
HUL (-3.42%)
CIPLA (-2.88%)
KOTAK BANK (-2.39%)
MAX HEALTH (-1.72%)
ADANI PORTS (-1.25%)

# 10:45 AM GLOBAL UPDATE:
Dow Futures: (+53, 46788)
Nasdaq 100 Futures (+83, 25181)

Nikkei (+677, 49315)
Hang Seng (+212, 26180)

Dollar Index (+0.11%, 99.03)
WTI OIL (-0.64%, 61.39)
Gold (-7, 4118)

Securities in Ban for Trade Date: Friday, October 24th 2025*

NIL

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, reclaims 26000 mark, aims to recapture its all-time-high at 2677.35 mark

Bank Nifty accelerates and scales new its all-time high @58555.15.

Nifty (+201, 26069)
Sensex (+709, 85135)
Bank Nifty (+459, 58466)

Nifty (CMP: 26069)

SUPPORT: 25961/25701
RESISTANCE: 26277/26707
TRADING RANGE (25950-26150)
BIAS: Positive

SECTOR GAINER:

NIFTY IT (+3.07%)
NIFTY FMCG (+1.11%)
NIFTY PRIVATE BANKS (+1.07%)

SECTOR LOSER:

NIFTY OIL & GAS (-0.42%)
NIFTY PSE (-0.01%)

STOCKS IN SPOTLIGHT:

1) The Nifty IT index surged 2.65% to 36,234.15, marking a strong 3.67% rally over three straight sessions.

Top gainers included Infosys (+3.91%), HCL Technologies (+2.85%), Mphasis (+2.57%), Tech Mahindra (+2.3%), and Persistent Systems (+1.9%).

Other notable movers were Coforge (+1.73%), Wipro (+1.60%), TCS (+1.31%), LTIMindtree (+1.28%), and Oracle Financial Services Software (+0.04%), all contributing to the sector’s upbeat momentum.

KEY THEMES FOR THE DAY:

The 6-Biggest-Positive Catalyst:

1) India-US trade deal optimism.

2) FII Inflows Turnaround…

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

4) Easing US–China trade tensions, with Presidents Donald Trump and Xi Jinping set to meet next week to address tariff disputes and prevent further escalation.

5) Markets are pricing in two additional Fed rate cuts by year-end.

6) 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:
INFY (+4.54%)
HCL TECH (+3.36%)
TCS (+2.73%)
SHRIRAM FINANCE (+2.6%)
AXIS BANK (+2.51%)

Top Index Losers:
DR REDDYS LAB (-0.92%)
ETERNAL (-0.78%)
INDIGO (-0.68%)
CIPLA (-0.66%)
EICHER MOTORS (-0.48%)

# 10:45 AM GLOBAL UPDATE:
Dow Futures: (-5, 46586)
Nasdaq 100 Futures (+90, 24969)

Nikkei (-607, 48701)
Hang Seng (+1, 25783)

Dollar Index (+0.02%, 98.46)
WTI OIL (+3%, 60.26)
Gold (-6, 4095)

Securities in Ban for Trade Date: Thursday, October 23rd 2025*

SAMMAANCAP

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.

Nifty surges ahead as Bank Nifty accelerates toward its all-time high, while the Nifty Defence index (+1.51%) shifts into top gear.

Early trends indicate that the momentum remains firmly with the bulls, though caution lingers as fresh weakness across global markets could temper sentiment later in the session.

Nifty (+91, 25676)
Sensex (+325, 83794)
Bank Nifty (+118, 57529)

Nifty (CMP: 25676)

SUPPORT: 25571/25301
RESISTANCE: 25900/26277
TRADING RANGE (25600-25750)
BIAS: Positive

SECTOR GAINER:

NIFTY DEFENCE (+1.23%)
NIFTY FMCG (+1.16%)
NIFTY CONSUMER (+0.99%)

SECTOR LOSER:

NIFTY IT (-1.34%)
NIFTY MEDIA (-1.18%)
NIFTY PSU BANKS (-0.53%)

STOCKS IN SPOTLIGHT:

1) Wipro slipped 4.53% after reporting a 2.53% sequential decline in consolidated net profit to ₹3,246.2 crore, despite a 2.54% increase in revenue to ₹22,697.3 crore in Q2 FY26 over Q1 FY26.

2) Infosys fell 1.16% even as the company posted a 6.4% rise in consolidated net profit to ₹7,364 crore on a 5.2% increase in revenue to ₹44,490 crore in Q2 FY25, compared to the previous quarter.

3) Zee Entertainment Enterprises declined 2.79% after its consolidated net profit slumped 63.47% YoY to ₹76.5 crore, with total income down 1.57% to ₹1,969.2 crore in Q2 FY26. The sharp drop was attributed to lower advertising revenue, partially offset by higher subscription income.

KEY THEMES FOR THE DAY:

The Biggest-Positive Catalyst: FII Inflows Turnaround..

Our call of the day which suggests the biggest risk for Nifty and its stocks are:

1) Renewed US-China trade war!
2) Hurting sentiments are also the US Bank Worries which Sparked Flight to Safety.

Q2 Indian corporate earnings to trickle in this week:

Key Earnings on radar: Friday, October 17 – Reliance Industries, the centerpiece of the earnings season.

Top Index Gainers:
ASIAN PAINTS (+5.02%)
M&M (+1.89%)
MAX HEALTH (+1.6%)
BEL (+1.58%)
BHARTI AIRTEL (+1.55%)

Top Index Losers:
WIPRO (-4.53%)
INFY (-1.91%)
ETERNAL (-1.54%)
TECH MAHINDRA (-1.02%)
ONGC (-0.95%)

# 10:45 AM GLOBAL UPDATE:
Dow Futures: (-176, 45772)
Nasdaq 100 Futures (-143, 24513)

Nikkei (-686, 47593)
Hang Seng (-483, 25428)

Dollar Index (-0.20%, 98.16)
WTI OIL (-0.26%, 57.30)
Gold (+31, 4360)

Securities in Ban for Trade Date: Friday, October 17th 2025*
SAMMAANCAP

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.

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