Market Commentary
Global markets
US market extended gains on Friday as oil fell with the Strait of Hormuz declared open. The Dow Jones closed positive by 1.8 pct. While Nasdaq closed up by 1.5 pct.
Asian markets
Asian markets are trading green in the early morning trade. Hang Seng trading up by 0.8 pct. While Nikkei trading higher by 1.0 pct.
| Global Indices | % Change | ||
| Last Close | 1 day | YTD | |
| Dow Jones | 49,447 | 1.8 | 2.9 |
| Nasdaq | 24,468 | 1.5 | 5.3 |
| Hang Seng | 26,377 | 0.8 | 2.9 |
| Nikkei | 59,045 | 1.0 | 17.2 |
Commodities
Gold prices fell and currently stood at USD 4,796 over inflation concern. On the other hand, oil prices stood at USD 95.18/bbl.
| Commodities % Change | ||
| Last Close | 1 day | |
| Gold ($) | 4,796 | -0.9 |
| Silver ($) | 80.20 | -0.7 |
| Brent Crude ($) | 95.18 | 3.0 |
Indian Indices
India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark Indices rebounded on Friday, supported by lower oil prices and hopes of U.S.-Iran talks.
Result Today – Groww
| Indian Market | % Change | ||
| Last Close | 1 day | YTD | |
| Sensex | 78,493 | 0.6 | -7.9 |
| Nifty | 24,353 | 0.6 | -6.8 |
| Nifty Bank | 56,565 | 0.9 | -5.1 |
| Nifty Midcap 100 | 59,898 | 1.3 | -1.0 |
| Nifty Smallcap 100 | 17,565 | 1.5 | -0.8 |
| Moving Averages | ||
| Nifty 50 | Nifty Bank | |
| 50 DMA | 24,414 | 57,137 |
| 100 DMA | 25,132 | 58,252 |
| 200 DMA | 25,157 | 57,275 |
| Institutional Activity | Rs crore | |
| Cash | YTD | |
| FII | 683 | -211,447 |
| DII | -4721 | 283,136 |
Stocks to watch
| Positive Read through | Negative Read through |
| ICICI Bank – Q4 above estimates, NII up 8.4 pct, profit rises 8.5 pct YoY | OMCs/Paint Cos – Crude oil jumps 7 pct, Brent near USD 95/bbl tracking West Asia tensions |
| Ultratech – Commissions 8.7 MTPA capacity to cross 200 MTPA grey cement capacity | IEX – CERC releases draft on power market norms, includes framework for market coupling |
| Aurobindo Pharma – Gets US FDA nod for dextromethorphan polistirex, a USD 138 mn drug | Lupin – US FDA issues Form 483 with 3 observations for New Jersey unit |
| Zee Ent – Board approves investment of Rs. 1.16 bn in Phantom Digital Effects | Cipla – US FDA issues Form 483 with 2 observations for Goa unit |
| Onesource – Gets renewal of EU-GMP certification for Unit II facility in Bengaluru | Hindustan Copper – Death of one contractual worker at Rajasthan unit of arm |
| Yes Bank – Strong Q4 and FY26 with improvement across key metrics | HDFC Bank – NII below estimates, NIM remains under pressure |
| MCX – Gets SEBI nod under SECC regulations for investment in a proposed coal exchange company | Shyam Metalics – ED provisionally attaches Rs. 1.6 bn investments for alleged illegal coal mining |
| ONGC/OIL – Crude oil jumps 7 pct, Brent near USD 95/bbl tracking West Asia tensions | Mastek – Margin at 16.10 pct vs 16.80 pct YoY, profit declined 2 pct QoQ |
| Dredging Corp – Signs Rs. 21.57 bn fuel supply MoU with IOCL | HPCL – Revision of 74:26 JV 9 MTPA refinery and petrochem project, company’s investment rises to Rs. 196 bn |
| Jio Fin – Total income rose 78 pct YoY, NII rose 29 pct YoY | Bhel – FY26 total order inflows fell 19 pct YoY, revenue growth at ~15 pct YoY |
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