Market Commentary
Global markets
US market closed higher on Monday led by rally in AI chip stocks. Dow Jones closed up by 0.7 pct. While Nasdaq closed green by 1 pct.
Asian markets
Asian markets trading higher in the early morning trade. Hang Seng trading positive by 0.7 pct. While Nikkei closed up by 0.4 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 49,298 | 0.7 | 2.6 |
| Nasdaq | 25,326 | 1.0 | 9.0 |
| Hang Seng | 26,083 | 0.7 | 1.8 |
| Nikkei | 59,512 | 0.4 | 18.1 |
Commodities
Gold prices rose and currently stood at USD 4,644 over easing Middle East conflict. On the other hand, oil prices stood at USD 108.39/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 4,644 | 2.0 |
| Silver ($) | 75.52 | 3.7 |
| Brent Crude ($) | 108.39 | -1.8 |
Indian Indices
India’s equity benchmarks are likely to open gap up as GIFT Nifty indicates. Benchmark Indices closed negative on Tuesday as high crude oil prices linked to the Middle East conflict weighed on risk sentiment.
Result Today – Bajaj Auto, Polycab, Godrej CP, CESC, KPIT, Blue Star
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 77,017 | -0.3 | -9.6 |
| Nifty | 24,032 | -0.4 | -8.0 |
| Nifty Bank | 54,547 | -0.6 | -8.4 |
| Nifty Midcap 100 | 60,264 | 0.2 | -0.4 |
| Nifty Smallcap 100 | 18,182 | 0.3 | 2.6 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 24,077 | 56,173 |
| 100 DMA | 24,921 | 57,875 |
| 200 DMA | 25,084 | 57,206 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | -3621 | -243,144 |
| DII | 2602 | 311,870 |
Stocks to watch
| Positive Read through | Negative Read through |
| KEC Intl – Bags orders worth Rs. 10.02 bn | Urban Co – Receives show cause notice from GST department for discrepancies in returns |
| Hero Moto – Q4 beats estimates, sales increased 29 pct YoY | Shoppers Stop – Reports loss vs profit, margin at 15.2 pct vs 16 pct YoY |
| Coforge – Highest-ever quarterly EBIT margin at 16.6 pct, strong commentary | L&T – Q4 misses estimates, margin at 10.4 pct vs 11 pct YoY, cautious commentary |
| Grasim – NCLAT sets aside Rs. 3.02 bn CCI penalty, remands case for fresh hearing | Aavas – NII up 18 pct, NIM at 8.45 pct vs 8.01 pct QoQ |
| GE Vernova – Signs licence and contract manufacturing agreements with Quality Profiles | UBL – Soft Q4, EBITDA declined 25.3 pct YoY on higher category investment |
| PNC Infra – NHAI to pay Rs. 2.35 bn settlement under Vivad se Vishwas III scheme | |
| JSW Energy – Supreme Court disposes appeal by MSEDCL, company to pay Rs. 2.50 bn | |
| OMCs/Paint Cos – Crude falls 2 pct, Brent slips below USD 110/bbl | |
| Banks, NBFCs – Cabinet approves ECLGS 5.0, Rs. 2.55 trillion additional credit target | |
| Vodafone Idea – Kumar Mangalam Birla appointed non-executive chairman | |
| IKS – Partners with Holyoke Medical Center to reduce administrative burden | |
| Sugar – Cabinet approves FRP of Rs. 365/qtl for sugarcane farmers for 2026–27 season | |
| Spandana – Q4 AUM rose 12 pct QoQ, disbursements grew 30 pct QoQ | |
| USL – Consolidated Q4 net sales value up 3.7 pct YoY, P&A sales value up 5 pct YoY | |
| Raymond Realty – Sales jumped 52.7 pct, margin at 20.3 pct vs 12.1 pct QoQ | |
| Lloyds Metals – EBITDA in line with estimates, margin at 42.3 pct vs 21.9 pct YoY | |
| Adani Ports – HC quashes allegations against CEO in Lilavati matter |
Disclaimer: The views shared in blogs are based on personal opinions and do not reflect the company’s views. Investment involves risk, and it is advisable to consult a financial advisor before making any investment through the app. The decision to invest is solely that of the investor, and the company or its communication cannot be held responsible for it.
