Category: Featured

The Competition Commission of India has approved the acquisition of Jaiprakash Associates Limited (JAL) by Adani Group Entities. “The proposed combination relates to the acquisition of up to 100 per cent shareholding of Jaiprakash Associates Limited (JAL) by Adani Enterprises Limited (AEL) and Adani Infrastructure and Developers Private Limited (AIDPL) or any other entity forming part of Adani Group,” a statement issued by the CCI on Wednesday said.

Bharat Petroleum Corporation Limited (BPCL) and Oil India Limited (OIL), both Maharatna Public Sector Enterprises, today formalized a Joint Venture Agreement (JVA) at the BPCL Corporate Office to establish a Joint Venture Company (JVC). The agreement was signed in the presence of with Chairman & Managing Director, BPCL, and Chairman & Managing Director, OIL. The JVC will create a gas distribution network in Arunachal Pradesh, which includes the establishment of Compressed Natural Gas (CNG) stations and the provision of Piped Natural Gas (PNG) to domestic, commercial, and industrial consumers.

Orient Technologies has been awarded a purchase order from the New India Assurance Company for Annual Maintenance Contract (AMC) of Network, Backup and Storage Devices at NIA Data Centres. The estimated value of this engagement, spread over a period of three years, is around Rs 30.81 crore, inclusive of GST. This order further strengthens the company’s position in delivering Managed Services for Network, Backup, and Storage infrastructure, reinforcing our capabilities in the services domain.

Dear Trader…

Markets traded under pressure and slipped below crucial support levels, derailing the recent recovery momentum. After an initial sharp fall, the Nifty future traded in a narrow range for most of the session; however, renewed selling in the final hours pushed the index further lower. It eventually settled near the day’s low at 24,731, down 1.03%. Sectoral performance was broadly weak, with realty, pharma, and metal stocks bearing the brunt of the decline, while FMCG displayed relative resilience with marginal gains.

Sentiment was largely dampened by caution ahead of the upcoming tariff deadline, which weighed heavily on export-sensitive sectors. This pressure was compounded by sustained foreign institutional selling, a weakening rupee, and a rebound in crude oil prices, prompting investors to reduce risk exposure.

Traders are advised to align their positions accordingly. Going ahead, export-oriented sectors may continue to face selling pressure on any uptick, while domestic demand-driven segments like FMCG and consumer discretionary could offer relative stability. Key triggers to monitor include foreign fund flows, global market trends, and any policy measures aimed at cushioning trade-related concerns.

Nifty futures opened at 24903 points against the previous close of 24989 and opened at a low of 24710 points. Nifty Future closed with an average movement of 230 points and a decline of around 258 points and 24731 points…!!

On the NSE, the midcap 100 index will decline 1.62% and smallcap 100 index is closing decline 2.03%. Speaking of various sectoral indices, the NSE saw gains in only FMCG stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, October gold opened at Rs.1,00,812, fell from a high of Rs.1,01,090 points to a low of Rs.1,00,700 with a rise of 176 points, a trend of around Rs.1,00,800 and September Silver opened at Rs.1,16,173, fell from a high of Rs.1,16,729 points to a low of Rs.1,15,347 with a decline of 501 points, a trend of around Rs.1,15,449.

Meanwhile, Sun Pharma, Tata Steel, Trent, Bajaj Finance, Bajaj FinServ, Tech Mahindra, Axis Bank, Titan, Mahindra and Mahindra, L&T, Bharati Airtel, NTPC, BEL, ICICI Bank, SBI, HCL Tech, and HDFC Bank settled in negative territory from the Sensex basket. Hindustan Unilever, Maruti Suzuki and ITC were the top gainers.

The majority of sectoral indices traded lower amid selling pressure. Nifty Bank dipped 688.85, down 1.25 per cent, Nifty Fin Services fell 354.30 or 1.35 per cent, Nifty Auto closed 103.10 points down or 0.41 per cent, and Nifty IT closed 216.85 points lower or 0.60 per cent. Nifty FMCG surged 505.35 points or 0.91 per cent.

The US move is expected to weigh on India’s export outlook, limiting any sustained recovery in the currency. While crude prices have softened by around 1.5 per cent in the past session, providing some relief on the import bill side, the negative impact of tariffs overshadowed these gains. FII outflows and overall dollar demand have further capped the upside. The trading range for the rupee is now seen between 87.25 and 88.25, with risks tilted towards depreciation unless sentiment improves.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets snapped a six-session winning streak and ended lower, losing nearly a percent as sentiment turned weak from the outset and deteriorated further in the latter half. The Nifty future closed near the day’s low at 24,898, down 0.89%. The pressure was broad-based, led by IT and financials, while commodity and FMCG counters also slipped. However, select auto and healthcare names managed to outperform on stock-specific action. Interestingly, the broader indices were relatively resilient and ended with only modest cuts.

The weakness was primarily driven by caution ahead of U.S. Fed Chair Jerome Powell’s Jackson Hole address and renewed concerns around global trade and geopolitical tensions, which dampened risk appetite. Domestic profit-booking after the recent rally and a pause in fresh FPI inflows further weighed on sentiment. With global markets awaiting central bank cues, any unexpected commentary or data could trigger heightened volatility.

For the next session, focus on banking and IT for potential weakness, while autos and select cyclicals could offer stock-specific opportunities. Monitoring global cues and flow trends will be critical for near-term direction.

Nifty futures opened at 25094 points against the previous close of 25122 and opened at a low of 24887 points. Nifty Future closed with an average movement of 211 points and a decline of around 224 points and 24898 points…!!

On the NSE, the midcap 100 index will decline 0.14% and smallcap 100 index is closing decline 0.26%. Speaking of various sectoral indices, the NSE saw gains in only Media, Pharma, Healthcare and Consumer Durables stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, October gold opened at Rs.99301, fell from a high of Rs.99750 points to a low of Rs.99168 with a decline of 211 points, a trend of around Rs.99224 and September Silver opened at Rs.1,13,743, fell from a high of Rs.1,13,828 points to a low of Rs.1,13,000 with a decline of 591 points, a trend of around Rs.1,13,115.

Meanwhile, Asian Paints, Ultratech Cement, Tata Steel, ITC, HCL Tech, Kotak Bank, TCS, HDFC Bank, Tech Mahindra, SBI, Eternal and ICICI Bank were the top losers from the Sensex basket. While Mahindra and Mahindra, Maruti, and BEL were settled in the red.

The majority of sectoral indices felt the selling pressure during the session. Nifty Fin Services fell 256 points or 0.96 per cent, Nifty Bank slipped 606 points or 1.09 per cent, Nifty FMCG dipped 565.60 points or a per cent, and Nifty IT closed falling 283.05points or 0.79 per cent.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets ended the weekly expiry session on a subdued note, with indices closing largely unchanged after a flat start. The Nifty futures oscillated in a narrow range throughout the day before settling at 25,122. Sectoral performance was mixed, as buying in pharma, realty, and financial stocks was offset by profit-taking in FMCG, energy, and auto counters. Broader markets also lacked momentum and finished flat to marginally lower.

Investor sentiment was shaped by ongoing discussions and approvals on GST reforms, which sparked sector-specific movements. At the same time, global cues remained in focus, particularly the upcoming Jackson Hole symposium, where commentary from central bankers is expected to influence market direction. The IT space, in particular, may stage a further rebound once greater clarity emerges on the global policy outlook.

Overall, sentiment continues to remain constructive despite the range-bound trade. Traders are advised to remain selective, capitalizing on opportunities created by rotational buying across sectors, while avoiding aggressive bets on the broader indices. A stock-specific approach appears prudent until clearer directional triggers come into play.

Nifty futures opened at 25111.10 points against the previous close of 25083 and opened at a low of 25086 points. Nifty Future closed with an average movement of 93 points and a rise of around 39 points and 25122 points…!!

On the NSE, the midcap 100 index will decline of 0.38% and smallcap 100 index is closing decline of 0.01%. Speaking of various sectoral indices only FMCG, PSU Bank, Auto, Consumer Durables and Metal stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, October gold opened at Rs.99159, fell from a high of Rs.99471 points to a low of Rs.98915 with a rise of 96 points, a trend of around Rs.99400 and September Silver opened at Rs.1,12,702, fell from a high of Rs.1,13,100 points to a low of Rs.1,12,020 with a rise of 433 points, a trend of around Rs.1,12,986.

Meanwhile, India’s record-high composite PMI in August, reflecting strong expansion in both manufacturing and services, particularly in business activity, may provide stability in the near term.

Bajaj FinServ, ICICI Bank, Bajaj Finance, L&T, BEL, Sun Pharma, and Titan were the top gainers from the Sensex basket. PowerGrid, Eternal, Hindustan Unilever, NTPC, Mahindra and Mahindra, and Tata Motors settled in negative territory.

The sectoral indices experienced a mixed reaction amid value buying and profit booking. NiftyFin Services (up 85 points or 0.32 per cent) and Nifty Bank (up 56.95 points or 0.10 per cent) ended the session in green. While Nifty Auto (down 91.75 points or 0.36 per cent) and Nifty FMCG (down 361 points or 0.64 per cent) settled in negative territory. Nifty IT closed flat.

Going ahead, analysts expect the Indian market to remain firm, backed by optimism around GST reforms and an improved pace of corporate earnings growth.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Market extended gains for the fifth consecutive session on Wednesday. After a soft start, the Nifty gradually moved higher through the day, led by IT, FMCG, and realty stocks, while banking counters lagged. The index eventually settled with modest gains of 0.20% at 25,083.30. Broader markets outperformed with positive market breadth, reflecting strength beyond frontline names.

Today’s advance was largely supported by buying in large-cap IT stocks and steady domestic sentiment. In the absence of any major domestic triggers, global cues such as updates from the Jackson Hole symposium, geopolitical developments, and discussions in the GST Council meets will remain on investors’ radar.

Participants should continue to focus on stock selection based on sectoral strength and rotation. While broader indices are also trending higher, the pace of advance remains moderate, indicating selective participation; hence, caution is warranted in the midcap and smallcap segments.

Nifty futures opened at 24974.90 points against the previous close of 25033 and opened at a low of 24960 points. Nifty Future closed with an average movement of 148 points and a rise of around 49 points and 25083 points…!!

On the NSE, the midcap 100 index will rise of 0.46% and smallcap 100 index is closing rise of 0.30%. Speaking of various sectoral indices only Media, Pharma, Private Bank, PSU Bank, Healthcare and Oil & gas stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, October gold opened at Rs.98742, fell from a high of Rs.99241 points to a low of Rs.98516 with a rise of 504 points, a trend of around Rs.99200 and September Silver opened at Rs.1,11,106, fell from a high of Rs.1,11,970 points to a low of Rs.1,10,281 with a rise of 456 points, a trend of around Rs.1,11,801.

Meanwhile, The Indian market sustained its positive momentum, supported by strong domestic inflows and favourable macro tailwinds. However, rich valuations and external risks, particularly the U.S. tariffs and sanctions on purchase of Russian crude, continue to pose challenges. Hence, greater visibility on U.S. trade policy and the path of earnings recovery will be critical.

global sentiment is cautious ahead of the release of the FOMC minutes later today, with investor attention gradually shifting to the U.S. Fed Chair’s speech at Jackson Hole this weekend, which is expected to provide clearer guidance on future policy direction.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

The Indian stock market ended marginally higher on Thursday after a volatile session, as investors largely shrugged off U.S. President Donald Trump’s fresh tariff threat on Indian imports. The Sensex closed at 80,623.26, gaining 79.27 points or 0.10 per cent, while Nifty Futures ended the day at 24,673.40, up 38.50 points or 0.16 per cent.

Markets opened in the red, with the Sensex hitting a low of 80,262.98 on the back of Trump’s proposal for a 25 per cent additional levy on Indian goods. However, a late-session rebound – driven by strong buying in banking, FMCG, and IT heavyweights – helped the indices recover from early losses.

Stocks with high export exposure to the U.S., such as those in the textiles, jewellery, and auto ancillary sectors, continued to face pressure throughout the session. Despite this, sentiment improved in the latter half amid reports suggesting potential peace talks involving Trump, Putin, and Zelensky, which sparked hopes of a softer U.S. trade stance.

Leading gainers from the Sensex pack included Tech Mahindra, Eternal, HCL Tech, Axis Bank, HDFC Bank, Maruti Suzuki, and Tata Steel. On the flip side, Trent, Hindustan Unilever, Mahindra & Mahindra, Kotak Bank, NTPC, and Tata Motors were among the top laggards.

Nifty futures opened at 24539 points against the previous close of 24634 and opened at a low of 24409 points. Nifty Future closed with an average movement of 312 points and a rise of around 38 points and 24673 points…!!

On the NSE, the midcap 100 index will rise of 0.33% and smallcap 100 index is closing rise of 0.17%. Speaking of various sectoral indices Only Oil & Gas and Realty stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, October gold opened at Rs.1,01,361, fell from a high of Rs.1,02,155 points to a low of Rs.1,01,141 with a rise of 408 points, a trend of around Rs.1,01,670 and September Silver opened at Rs.1,13,998, fell from a high of Rs.1,15,417 points to a low of Rs.1,13,905 with a rise of 1550 points, a trend of around Rs.1,15,205.

Meanwhile, The FIIs as per Thursday’s data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 11689.98 crore against gross selling of Rs 16088.49 crore. Thus, FIIs stood as net sellers of Rs 4398.51 crore in equities.

In the debt segment, the gross purchase was of Rs 1270.68 crore with gross sales of Rs 997.09 crore. Thus, FIIs stood as net buyers of Rs 273.59 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 333.3 crore, they stood at net sellers in Debt-VRR segment at Rs 54.62 crore, while net sellers in Debt-FAR segment at Rs 5.09 crore.

In the hybrid segment, the gross buying was of Rs 20.29 crore against gross selling of Rs 14.43 crore. Thus, FIIs stood as net buyers of Rs 5.86 crore in hybrid segment.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets remained volatile on Wednesday and ended lower amid mixed cues. After a flat start, the Nifty future oscillated within a range and eventually settled near the lower end at 24,634.90. Participants were awaiting the outcome of the MPC meeting, which was in line with expectations, as the policy rate remained unchanged and the neutral stance continued. As a result, there was no significant market reaction.

Most sectors edged lower, with pharma, IT, and realty emerging as the top losers. However, resilience in banking heavyweights helped limit the overall downside. The broader indices also came under pressure, each losing nearly a percent.

The recent price action reflects indecisiveness among market participants amid ongoing uncertainty surrounding tariffs and trade deals. Any negative surprise on this front could exert further pressure, Participants should align their positions accordingly, with an emphasis on stock selection and risk management.

Nifty futures opened at 24707 points against the previous close of 24707 and opened at a low of 24616 points. Nifty Future closed with an average movement of 122 points and a decline of around 72 points and 24634 points…!!

On the NSE, the midcap 100 index will decline 0.80% and smallcap 100 index is closing decline 1.13%. Speaking of various sectoral indices, the NSE saw gains in only PSU Bank stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, October gold opened at Rs.1,01,329, fell from a high of Rs.1,01,329 points to a low of Rs.1,00,660 with a Decline of 500 points, a trend of around Rs.1,00,838 and September Silver opened at Rs.1,13,433, fell from a high of Rs.1,13,530 points to a low of Rs.1,12,828 with a decline of 254 points, a trend of around Rs.1,13,250.

Meanwhile, The FIIs as per Wednesday’s data were net buyers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 16758.57 crore against gross selling of Rs 15197.26 crore. Thus, FIIs stood as net buyers of Rs 1561.31 crore in equities.

In the debt segment, the gross purchase was of Rs 3089.99 crore with gross sales of Rs 2155.99 crore. Thus, FIIs stood as net buyers of Rs 934.00 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 234 crore, they stood at net sellers in Debt-VRR segment at Rs 326.61 crore, while net buyers in Debt-FAR segment at Rs 1026.61 crore.

In the hybrid segment, the gross buying was of Rs 19.98 crore against gross selling of Rs 69.75 crore. Thus, FIIs stood as net sellers of Rs 49.77 crore in hybrid segment.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

RailTel Corporation of India has received the letter of intent (LoI) worth Rs 216.81 crore (Including Tax) from Bihar State Electronics Development Corporation. The LoI is for Implementation of Mukhyamantree Surakshit Sushaasit Shahar (Safe City). The contract is to be executed by August 04, 2030. Railtel Corporation of India is an information and communications technology (ICT) infrastructure provider and is one of the largest neutral telecom infrastructure providers in India.