Market Commentary
Global markets
US market closed higher on Monday as AI led rally offset oil surge impact. Dow Jones closed up by 0.2 pct. While Nasdaq closed green by 0.1 pct.
Asian markets
Asian markets trading higher in the early morning trade. Hang Seng trading positive by 0.6 pct. While Nikkei trading higher by 0.6 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 49,708 | 0.2 | 3.4 |
| Nasdaq | 26,274 | 0.1 | 13.1 |
| Hang Seng | 26,558 | 0.6 | 3.6 |
| Nikkei | 62,805 | 0.6 | 24.6 |
Commodities
Gold prices fell and currently stood at USD 4,729 over geopolitical concerns. On the other hand, oil prices stood at USD 105.18/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 4,729 | -0.1 |
| Silver ($) | 86.34 | 0.3 |
| Brent Crude ($) | 105.18 | 0.6 |
Indian Indices
India’s equity benchmarks are likely to open muted as GIFT Nifty indicates. Benchmark Indices extended losses on Monday after PM urged a spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energy prices pressure foreign exchange reserves.
Result Today – Tata Power, MTAR Tech
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 76,015 | -1.7 | -10.8 |
| Nifty | 23,815 | -1.5 | -8.9 |
| Nifty Bank | 54,439 | -1.6 | -8.6 |
| Nifty Midcap 100 | 61,258 | -1.1 | 1.3 |
| Nifty Smallcap 100 | 18,525 | -1.1 | 4.6 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 23,959 | 55,716 |
| 100 DMA | 24,850 | 57,721 |
| 200 DMA | 25,064 | 57,177 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | -8437 | -261,868 |
| DII | 5939 | 331,836 |
Stocks to watch
| Positive Read through | Negative Read through |
| Indian Hotels – EBITDA up 13.5 pct, sees double-digit sales growth in FY27 | JB Chemicals – EBITDA fell 11.2 pct, margin at 22.2 pct vs 23.9 pct YoY |
| ONGC/Oil – Govt cuts effective royalty rates on oil & gas production | Groww – PE/VC investors to sell 4.3 pct for Rs. 48 bn via block deals, floor price at 8.5 pct discount to CMP |
| Afcons Infra – Declared lowest bidder for project worth Rs. 75.44 bn | JSW Energy – Profit declined 8.8 pct, Q4 muted vs estimates |
| Paradeep Phosphates – EBITDA grew 15.4 pct, sales up 12 pct YoY | Heritage Foods – EBITDA tumbled 34.6 pct, margin at 4.5 pct vs 7.6 pct YoY |
| JBM Auto – EBITDA rose 20 pct, margin at 12.8 pct vs 11.97 pct YoY | New India – Combined ratio at 118.34 vs 111.46, gross written premium up 1.63 pct YoY |
| Anant Raj – EBITDA up 17.6 pct, profit increased 23.6 pct YoY | |
| Butterfly Gandhi – EBITDA surged 19.6 pct, margin at 8.94 pct vs 8.71 pct YoY | |
| HFCL – Bags exports orders worth Rs. 1.84 bn from renowned international customers | |
| Fractal Analytics – Gross margin expanded 47 bps YoY, EBIT up 40.2 pct QoQ | |
| Voltas – Rs. 4.34 bn bank guarantees to be returned to company in case against JV of OHL Intl | |
| Nuvama Wealth – Management biz sales up 12.65 pct QoQ, profit rose 6 pct QoQ | |
| Syrma SGS – Q4 above estimates, sales jumped 59 pct YoY | |
| Abbott – Margin at 28 pct vs 26.7 pct, EBITDA up 12.2 pct YoY | |
| HG Infra – Bags order worth Rs. 39.31 bn for 6-lane highway corridor | |
| GE Power – EBITDA positive, sales up 19 pct YoY |
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