Key Indices Performance
Nifty 50: Closed at 23,179, up +0.39% (+121.65 points), sustaining its morning momentum.
Sensex: Closed at 76,499, rising +0.22% (+169 points).
India VIX: Fell by 3.31%, reflecting a decrease in market volatility.
Broader Market Sentiment
Positive sentiment drove gains in mid and small-cap stocks:
• BSE Midcap: +2.45%
• BSE Smallcap: +1.98%
Sectoral Highlights
Top Performing Sectors:
• PSU Banks: +4.20%
• Metal: +3.98%
• Commodities: +3.00%
Underperforming Sectors:
• IT: -2.31%
• FMCG: -1.41%
Stocks in Focus
1. High Volume Stocks:
• Adani Power: Surged +16.54% to ₹537 with trading volume at 10.07x its two-week average (3,63,26,582 shares).
• Bharat Road Network: Gained +19.99%, with volume at 9.11x its two-week average.
• A B Infrabuild: Rose +1.44%, trading volume at 10.20x its two-week average.
2. Top Movers:
• Gainers:
• Adani Power: ₹537 (+19.36%)
• Indian Overseas Bank: ₹53 (+18.31%)
• Losers:
• HCL Technologies: ₹1,813 (-8.84%)
Key News Updates
1. Vodafone Idea & HCLSoftware: Announce a collaboration to automate 4G/5G networks using the AI-driven HCL ANA platform, targeting operational efficiency.
2. Greaves Electric Mobility: Launches the Ampere Magnus Neo electric scooter at ₹79,999, offering enhanced features for the EV market.
3. JLR & Tata Communications: Expand their global partnership for enhanced vehicle connectivity in 120 countries via the Tata Communications MOVE™️ platform.
4. JSW Energy: Secures Committee of Creditors’ approval for its ₹3.6 GW KSK Mahanadi resolution plan, pending regulatory clearances.
5. Indian Hotels: Acquires a 55% stake in Rajscape Hotels for ₹17.66 crore, adding the Tree of Life Resorts & Hotels brand to its portfolio.
Global Economic Calendar Highlights
• India CPI Data: Declined to 5.22%, the lowest in four months, signaling easing inflationary pressures.
• US Bond Yields: At 4.76%, continue to influence global liquidity.
• US Tariff Policy: Gradual implementation signals relief for export-driven sectors like metals.
Market Outlook
The broader market showed resilience, led by PSU Banks and Metal sectors, while defensive sectors like IT and FMCG saw profit booking. RBI’s openness to more flexible regulations and global policy shifts in tariffs have provided tailwinds for specific sectors.
Stay tuned for detailed technical analysis and insights in our YouTube video. For actionable advice, track key earnings announcements and policy updates this week.