Nifty opens on a positive note — joining the conga-line of rising stocks markets across the globe…
Nifty (+88, 25580)
Sensex (+316, 83534)
Bank Nifty (+142, 58019)
Nifty (CMP: 25580)
SUPPORT: 25471/25421
RESISTANCE: 25807/26107
TRADING RANGE (25450-26700)
BIAS: Positive
SECTOR GAINER:
NIFTY DEFENCE (+1.56%)
NIFTY PHARMA (+0.88%)
NIFTY OIL & GAS (+0.82%)
SECTOR LOSER:
NIFTY AUTO (-0.61%)
STOCKS IN SPOTLIGHT:
1) Trent (-6.09%) tumbles after reporting a 11% rise in quarterly profit led by an influx of sales from new stores, and said it is trimming its stake in its Zara joint venture.
The Tata group entity, which owns the affordable young adult-focussed fashion chain Zudio, reported a net profit of 3.77 billion rupees ($42.89 million) for the three months ended September 30, up from 3.39 billion rupees a year ago.
2) Kamat Hotels (India) tanked 13.16% after the company reported a consolidated net loss of Rs 2.19 crore as against a net profit of Rs 8.35 crore in Q2 FY25. Revenue from operations declined 12.02% to Rs 75.13 crore in Q2 FY26 over Rs 85.38 crore in Q2 FY25.
3) Great Eastern Shipping Company (GE Shipping) rose 0.46%. The company consolidated net profit rose 1.01% to Rs 581.41 crore in Q2 FY26 as against Rs 575.57 crore in Q2 FY25. However, revenue from operations tanked 8.31% to Rs 1,241.78 crore as against Rs 1,354.40 crore posted in Q2 FY25.
4) Nykaa (+4.65%) gained after its Q2 Results where Net profit surged 243% YoY to ₹34.43 crore
KEY THEMES FOR THE DAY:
The 4-positive catalysts this morning:
1) US lawmakers are nearing a deal to end the record-long government shutdown.
2) In Friday’s session, FIIs were net buyers to the tune of ₹6,675 crore, offering a much-needed relief signal to sentiment.
3) In the US, the Supreme Court seemed to express doubt about the arguments underpinning President Donald Trump’s sweeping tariffs.
4) Improving leads from Wall Street.
Earnings to Watch (Monday, November 10)
- Syrma SGS Technologies
- Vodafone Idea
- V-Mart Retail
Top Index Gainers:
ASIAN PAINTS (+5.37%)
INFY (+1.33%)
TMPV (+1.08%)
ONGC (+1.03%)
HINDALCO (+1.02%)
Top Index Losers:
TRENT (-6.54%)
EICHER MOTORS (-1.05%)
APOLLO HOSPITALS (-1.02%)
MAX HEALTH (-0.88%)
M&M (-0.64%)
10:10 AM GLOBAL UPDATE:
Dow Futures: (+135, 47122)
Nasdaq 100 Futures (+299, 25359)
Nikkei (+487, 507638)
Hang Seng (+161, 26403)
Dollar Index (+0.05%, 99.65)
WTI OIL (+0.83%, 60.30)
Gold (+45, 4046)
Securities in Ban for Trade Date: Monday, November 10th 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.