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Realty major DLF Limited on Monday reported a sharp drop in its sequential earnings for the first quarter (Q1) of FY26, with net profit falling 40.53 per cent to Rs 762.67 crore from Rs 1,282.2 crore in the March quarter (Q4 FY25). Revenue from operations also slipped 13.12 per cent to Rs 2,716.7 crore from Rs 3,127.58 crore in the previous quarter, according to its stock exchange filing.

Aurobindo Pharma Limited on Monday reported a 10.2 per cent year-on-year (YoY) drop in consolidated net profit to Rs 824.2 crore for the first quarter (Q1) of FY26, compared to Rs 918.2 crore in the same period the previous year (Q1 FY25). The pharmaceutical company’s revenue rose 4 per cent YoY to Rs 7,868 crore from Rs 7,567 crore in the year-ago period, according to its stock exchange filing.

Escorts Kubota has reported over 4-fold jump in its net profit at Rs 1400.24 crore for the quarter ended June 30, 2025 as compared to Rs 303.51 crore for the same quarter in the previous year. However, total income of the company decreased by 0.74% at Rs 2638.96 crore for Q1FY26 as compared to Rs 2658.71 crore for the corresponding quarter previous year.

Dear Trader…

Markets reversed Monday’s gains and lost nearly half a percent, continuing the prevailing corrective trend. After an initial downtick, the Nifty future moved in a narrow range and finally settled at 24,707.80 level. Most sectors ended in the red, with pharma, FMCG, and realty among the top losers.

Lingering uncertainty over the tariff situation, following recent statements from the US President, along with a lack of major positive surprises from the earnings season, has been weighing on market sentiment. All eyes are now on the outcome of the upcoming MPC meeting.

While the committee is expected to hold rates steady amid global uncertainties, the tone of their commentary will be crucial. Amid this corrective phase, select stocks across sectors are showing noticeable strength and offering buying opportunities. Participants should therefore maintain a stock-specific approach and focus on prudent position sizing.

Nifty futures opened at 24774 points against the previous close of 24793 and opened at a low of 24650 points. Nifty Future closed with an average movement of 133 points and a decline of around 85 points and 24707 points…!!

On the NSE, the midcap 100 index will decline 0.39% and smallcap 100 index is closing decline 0.16%. Speaking of various sectoral indices, the NSE saw gains in only Auto, Consumer Durables and Metal stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, October gold opened at Rs.1,01,133, fell from a high of Rs.1,01,223 points to a low of Rs.1,00,475 with a Decline of 326 points, a trend of around Rs.1,00,878 and September Silver opened at Rs.1,12,258, fell from a high of Rs.1,12,850 points to a low of Rs.1,12,005 with a rise of 598 points, a trend of around Rs.1,12,834.

Meanwhile, The FIIs as per Tuesday’s data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 9879.37 crore against gross selling of Rs 11847.14 crore. Thus, FIIs stood as net sellers of Rs 1967.77 crore in equities.

In the debt segment, the gross purchase was of Rs 2289.72 crore with gross sales of Rs 2615.91 crore. Thus, FIIs stood as net sellers of Rs 326.19 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 401.26 crore, they stood at net buyers in Debt-VRR segment at Rs 220.14 crore, while net sellers in Debt-FAR segment at Rs 947.59 crore.

In the hybrid segment, the gross buying was of Rs 23.52 crore against gross selling of Rs 69.42 crore. Thus, FIIs stood as net sellers of Rs 45.90 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

Dear Trader…

Markets started the week on a positive note, gaining over half a percent amid mixed cues. Despite a weak handover from the U.S. markets, the Nifty future opened slightly in the green and gradually moved higher throughout the session, eventually settling near the day’s high at 24,793.10. Sector-wise, most indices contributed to the rebound, with metals, realty, and auto emerging as the top gainers. The broader markets also found some relief after the recent correction, as both the midcap and smallcap indices posted gains of nearly 1.5%.

A recurring pattern observed in recent weeks is that the benchmark tends to trade with a positive bias during the first half of the week, only to witness renewed selling pressure in the latter half. Hence, participants should avoid reading too much into a single-day rebound or pause and instead focus on the sustainability of the move. Despite the volatility, there continues to be no dearth of trading opportunities across sectors. Traders are advised to align their positions accordingly, with a strong emphasis on stock selection and effective trade management.

Nifty futures opened at 24630 points against the previous close of 24627 and opened at a low of 24630 points. Nifty Future closed with an average movement of 182 points and a rise of around 165 points and 24793 points…!!

On the NSE, the midcap 100 index will rise of 1.40% and smallcap 100 index is closing rise of 1.27%. Speaking of various sectoral indices Only FMCG 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.99999, fell from a high of Rs.1,00,850 points to a low of Rs.99939 with a rise of 991 points, a trend of around Rs.1,00,745 and September Silver opened at Rs.1,10,579, fell from a high of Rs.1,12,183 points to a low of Rs.1,10,579 with a rise of 1542 points, a trend of around Rs.1,11,780.

Meanwhile, The FIIs as per Monday’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 12007.26 crore against gross selling of Rs 13452.70 crore. Thus, FIIs stood as net sellers of Rs 1445.44 crore in equities. In the debt segment, the gross purchase was of Rs 3631.12 crore with gross sales of Rs 1868.45 crore. Thus, FIIs stood as net buyers of Rs 1762.67 crore in debt.

Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 1954.29 crore, they stood at net buyers in Debt-VRR segment at Rs 453.32 crore, while net sellers in Debt-FAR segment at Rs 644.94 crore.

In the hybrid segment, the gross buying was of Rs 9.21 crore against gross selling of Rs 17.44 crore. Thus, FIIs stood as net sellers of Rs 8.23 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…

Sensex settled at 80,599.91, down 585.67 points or 0.72 per cent. The 30-share index started the session in negative territory at 81,074.41 against last session’s closing of 81.185.58, following the tariff threat by US. The index further extended the falling momentum amid overall selling pressure-especially in Pharma and IT sector. The index touched intra-day low at 80,495.57.

Tata Steel, Maruti Suzuki, Infosys, Tata Motors, Tech Mahindra, Bharti Airtel, BEL, Bajaj FinServ, ICICI Bank, HCL tech, Mahindra and Mahindra, and TCS were the top losers from the Sensex basket. While Trent, Asian Paints, Hindustan Unilever, ITC were settled in green.

Majority of sectoral indices closed in negative territory led by Nifty Pharma (down 759 points or 3.33 per cent). Nifty Auto fell 244.90 points or 1.04 per cent, Nifty IT ended the session 652 points or 1.85 per cent down and Nifty Bank closed 344.35 points or 0.62 per cent down. Nifty FMCG closed in green, up 384 points.

Markets began the August series on a negative note, extending the prevailing corrective trend, and ended lower by over half a percent. Nifty futures opened at 24800 points against the previous close of 24871 and opened at a low of 24601 points. Nifty Future closed with an average movement of 253 points and a decline of around 244 points and 24627 points…!!

The broader indices followed the suit as well with Nifty Midcap 100 falling 763 points or 1.33 per cent, Nifty Small cap 100 slipped 298 points or 1.66 per cent and Nifty 100 ended the session 230 points or 0.91 per cent lower.

On the sectoral front, pharma, metal, and IT were among the top losers. The broader indices also witnessed sharp cuts, each losing nearly 1.5 per cent, resulting in a significant decline in market breadth.

At the start of intra-day trading, August gold opened at Rs.97986, fell from a high of Rs.98880 points to a low of Rs.97700 with a rise of 793 points, a trend of around Rs.98880 and September Silver opened at Rs.1,09,854, fell from a high of Rs.1,10,460 points to a low of Rs.1,09,113 with a rise of 363 points, a trend of around Rs.1,10,335.

Meanwhile, Markets continue to grapple with a mixed earnings season, while the recent tariff announcement and persistent foreign fund outflows are further weighing on sentiment.

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 witnessed volatile swings on the monthly expiry day and ended marginally lower amid mixed cues. The surprise tariff announcement by the US President on India initially triggered a knee-jerk reaction; however, a gradual recovery in heavyweight stocks across sectors helped the index briefly turn positive. Selling pressure resurfaced in the final hours, once again putting bulls on the back foot. As a result, the Nifty future closed at 24,871.60, down 0.35%.

All major sectors, except FMCG, came under pressure, with pharma, metal, and energy emerging as the top losers. The broader indices also resumed their corrective phase, each losing over a percent.

As the new series begins, the market is likely to consolidate, but global developments and corporate earnings will continue to drive volatility. We maintain our cautious stance and recommend a stock-specific approach, given the mixed trends across sectors. Traders should also avoid averaging down on loss-making positions.

Nifty futures opened at 24800 points against the previous close of 24959 and opened at a low of 24723 points. Nifty Future closed with an average movement of 328 points and a decline of around 87 points and 24871 points…!!

On the NSE, the midcap 100 index will decline 0.93% and smallcap 100 index is closing decline 1.05%. Speaking of various sectoral indices, the NSE saw gains in only FMCG and Media stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, August gold opened at Rs.98106, fell from a high of Rs.98495 points to a low of Rs.97900 with a rise of 373 points, a trend of around Rs.98440 and September Silver opened at Rs.1,12,108, fell from a high of Rs.1,12,108 points to a low of Rs.1,09,080 with a decline of 2654 points, a trend of around Rs.1,10,210.

Meanwhile, amid a bearish market, Nifty FMCG soared 791 points or 1.44 per cent, driven by buying interest- especially in Hindustan Unilever after it reported decent earnings in Q1. Other sectoral indices settled in negative territory with Nifty Auto falling 89 points, Nifty IT slipping 180 points, and Nifty Bank closing 188 points down.

The domestic market attempted a strong recovery after experiencing a sharp decline, but by the end of the day, it closed with marginal losses on a monthly expiry day. Investors gravitated toward domestically oriented, non-discretionary players, especially FMCG, which offered attractive valuations, demand outlook and relative insulation from tariff risks.

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…

Nifty future ended marginally higher for the second straight session, closing at 24,869 (+0.12%), led by strength in index heavyweights such as L&T and Sun Pharma, along with value buying in select blue-chip names. However, broader market sentiment remained cautious amid uncertainty over the India-U.S. trade agreement and the U.S. Federal Reserve’s upcoming policy decision. The IMF raised India’s GDP growth forecast to 6.4% for both FY26 and FY27, citing easing global trade tensions.

Meanwhile, reports indicate that the India-U.S. trade deal remains unresolved, with potential tariff rates in the 20–25% range under consideration. Domestic institutional investors (DIIs) continued to support the market, partially offsetting sustained foreign investor outflows. Globally, markets are expected to remain in a wait-and-watch mode ahead of key U.S. macro data — including the Fed rate decision, Nonfarm employment report, Q2 GDP estimates — and China’s Manufacturing PMI.

On the earnings front, key results expected on Thursday include Vedanta, Swiggy, TVS Motors, and Thermax. Markets are expected to remain in consolidation mode, with stock-specific action likely as the earnings season progresses. Additionally, the Fed’s interest rate decision will further steer market direction.

Nifty futures opened at 24845 points against the previous close of 24838 and opened at a low of 24786 points. Nifty Future closed with an average movement of 124 points and a rise of around 30 points and 24869 points…!!

On the NSE, the midcap 100 index will decline 0.07% and smallcap 100 index is closing decline 0.52%. Speaking of various sectoral indices, the NSE saw gains in only IT, FMCG, Consumer Durables and Pharma stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, August gold opened at Rs.98500, fell from a high of Rs.98865 points to a low of Rs.98250 with a rise of 569 points, a trend of around Rs.98830 and September Silver opened at Rs.1,13,664, fell from a high of Rs.1,14,023 points to a low of Rs.1,12,925 with a decline of 313 points, a trend of around Rs.1,13,440.

Meanwhile, The FIIs as per Wednesday’s data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 13015.83 crore against gross selling of Rs 16708.18 crore. Thus, FIIs stood as net sellers of Rs 3692.35 crore in equities.

In the debt segment, the gross purchase was of Rs 1527.94 crore with gross sales of Rs 2174.43 crore. Thus, FIIs stood as net sellers of Rs 646.49 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 39.81 crore, they stood at net sellers in Debt-VRR segment at Rs 1102.15 crore, while net buyers in Debt-FAR segment at Rs 495.47 crore.

In the hybrid segment, the gross buying was of Rs 27.17 crore against gross selling of Rs 30.31 crore. Thus, FIIs stood as net sellers of Rs 3.14 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…

Indian equities rebounded after a three-day losing streak, with Nifty future climbing 128 points to close at 24,838 (+0.52%). The recovery was broad-based, led by value buying at lower levels. Notably, Nifty Realty (+2.6%) bounced back after steep losses in the last few sessions. Pharma stocks extended gains on follow-up buying, while select auto exporters remained in focus amid optimism around the recently announced US-EU trade deal.

There is significant action in the primary market with five mainboard IPOs including the Rs4000cr NSDL IPO opening for subscription this week. Going ahead, investor focus would shift towards global macros with US Q2 GDP and the Fed interest rate decision scheduled to be announced tomorrow.

On the earnings front, key results on Wednesday include Tata Steel, Interglobe aviation, Hyundai Motor, PNB, Power Grid amongst others. Overall, we expect the markets to witness selective buying, driven by quarterly results; while broader sentiment would hinge on macroeconomic data and progress in the India-US trade deal.

Nifty futures opened at 24636 points against the previous close of 24710 and opened at a low of 24630 points. Nifty Future closed with an average movement of 229 points and a rise of around 128 points and 25838 points…!!

On the NSE, the midcap 100 index will rise 0.81% and smallcap 100 index is closing rise 1.03%. Speaking of various sectoral indices, Realty, Pharma, Healthcare, Oil & gas and Metal stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

At the start of intra-day trading, August gold opened at Rs.97627, fell from a high of Rs.98070 points to a low of Rs.97580 with a rise of 205 points, a trend of around Rs.97750 and September Silver opened at Rs.1,13,268, fell from a high of Rs.1,13,630 points to a low of Rs.1,12,700 with a rise of 96 points, a trend of around Rs.1,13,149.

Meanwhile, The FIIs as per Tuesday’s data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 10191.17 crore against gross selling of Rs 16154.77 crore. Thus, FIIs stood as net sellers of Rs 5963.60 crore in equities.

In the debt segment, the gross purchase was of Rs 693.20 crore with gross sales of Rs 1496.86 crore. Thus, FIIs stood as net sellers of Rs 803.66 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 574.57 crore, they stood at net sellers in Debt-VRR segment at Rs 26.89 crore, while net sellers in Debt-FAR segment at Rs 202.2 crore.

In the hybrid segment, the gross buying was of Rs 11.17 crore against gross selling of Rs 10.63 crore. Thus, FIIs stood as net buyers of Rs 0.54 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

Due to the free trade agreement signed with the British government on July 24, ten to twenty percent import duty on active pharmaceutical ingredients-API i.e. bulk drugs imported from Britain will be exempted. As a result, the export prices of finished drugs made from API imported from Britain in India will come down and the competitiveness of Indian manufacturers in the export market will increase. As a result, India’s drug exports to Britain will increase overall. Importers of API and pharma chemicals will benefit greatly. A total of 1560 API chemicals are imported into the country.

The former president of India’s Indian Drug Manufacturers Association says that earlier there was no duty on drugs exported to Britain. Therefore, not on drug exports, but on API-bulk drug imports will become cheaper. Overall, under its impact, the exports of Gujarat’s pharma industry are likely to increase. India’s generic, biosimilar drugs will now be able to enter the UK market without any duty. As a result of the new agreement, the export of drugs from India will increase by approximately 12 to 15 percent. 33 percent of India’s total drug production is produced in Gujarat. Similarly, 28 percent of India’s total drug exports to Britain are exported from Gujarat. Now these exporters will face minimal obstacles in exporting drugs.