signalz.pro

Morning Market Report – 10th Sept 2025

—

by

Global & Domestic Cues

  • US Markets ended firm: Dow +0.43%, S&P 500 +0.27%, Nasdaq +0.37%.

  • Apple event: Unveiled iPhone 17 series – a key sentiment booster for global tech.

  • Trade Optimism: Trump hinted at progress in India-US negotiations; PM Modi spoke of a bright future for bilateral trade.

  • Gift Nifty signals a positive start above 25,000.

  • Sector focus: Textile, Gems & Jewellery exporters may remain in the spotlight.

F&O Flows

  • FIIs adding long positions gradually:

    • Sep 7: 7.4% | Sep 8: 8% | Sep 9: 8.7%

  • Shorts still remain near record highs → scope for short covering if momentum sustains.

Index Outlook

  • NIFTY 50: Support 24,800 / 24,700; Resistance 25,000 / 25,100.

    • Watch for breakout above 25,154 (Aug 21st high).

  • BANKNIFTY: Support 54,000 / 53,800; Resistance 54,500 / 54,800.

    • Index is ~500 pts away from its 20 DMA at 54,773.

  • NIFTY FIN SERVICE: Support 25,900 / 25,800; Resistance 26,100 / 26,200.

  • BSE Sensex: Support 80,600 / 80,400; Resistance 81,300 / 81,500.

Key Stocks & Sectors to Watch

  1. FMCG (Neutral) – Govt allows dual MRP display till Dec’25; GST-linked relabeling from Jan’26.

  2. Kotak Bank (Neutral) – Sumitomo Mitsui to sell 1.65% stake (₹6,166 cr block deal, floor ₹1,880).

  3. Yes Bank (+ve) – RBI clears nomination of new directors from SMBC & SBI.

  4. Bajaj Auto (+ve) – Price cuts (₹20k–24k) on GST relief; expected to boost demand.

  5. Sun Pharma (-ve) – Halol plant classified OAI, import alert to hit US sales.

  6. ICICI Pru Life (-ve) – 14.7% YoY fall in Aug individual APE; sector pressure except HDFC Life (+0.7%).

  7. Vodafone Idea (+ve) – Fresh plea in AGR dues case; early SC hearing sought.

  8. Blue Jet Healthcare (-ve) – Promoter OFS up to 6.84% stake at ₹675 (8% discount).

  9. Vikram Solar (+ve) – Strong Q1, PAT up 5x; guides for aggressive capacity expansion.

  10. Avanti Feeds & Shrimp Stocks (+ve) – EU clears 102 new fishery exporters from India.

  11. Sterling & Wilson (+ve) – Wins ₹415 cr solar EPC contract in Rajasthan.

  12. Bikaji Foods (Neutral) – Clarifies ED probe link; payments duly accounted.

  13. UCO Bank – Cuts MCLR 5–10 bps, raises 3M T-bill linked lending rate by 10 bps.

  14. General Insurers – Aug premiums mixed:

    • ICICI Lombard +2.1% YoY

    • Bajaj Allianz +18.8% YoY

    • New India Assurance +8.7% YoY

    • Industry up only +1.6% YoY

IPOs Opening Today

  • Urban Company – ₹1,900 Cr

  • Shringar House – ₹400 Cr

  • Dev Accelerator – ₹143 Cr

✅ Market Mood: Positive open expected on global cues & trade optimism. Tech & Auto in focus, but watch Sun Pharma & ICICI Pru Life for sectoral drag. Bank Nifty’s approach to its 20 DMA will be crucial.