Macro & Policy - Economic Times
RBI Maintains Calibrated Liquidity Posture as Credit Growth Expands
HDFCBANK, ICICIBANK
NIFTY 50:22,749.75▼ 0.02%
SENSEX:73,598.67▼ 0.01%
NIFTY BANK:53,974.9▼ 0.72%
NIFTY IT:32,189.45▼ 0.26%
NIFTY PHARMA:26,267.25▲ +1.91%
NIFTY AUTO:25,340.8▲ +1.48%
NIFTY FMCG:43,118.2▲ +0.74%
NIFTY METAL:11,806.7▲ +0.64%
NIFTY ENERGY:35,261.85▲ +0.68%
NIFTY REALTY:805.05▲ +1.94%
NIFTY FIN SERVICE:26,088▼ 0.59%
India VIX:16.40▼ 4.41%
Dow Jones:52,377.57▲ +0.03%
NASDAQ:26,477.81▲ +1.18%
S&P 500:7,722.6▲ +0.60%
Nikkei 225:64,067.1▲ +1.26%
Hang Seng:23,059.32▲ +0.08%
FTSE 100:10,686.54▼ 0.75%
Gold:4,064.3▼ 0.25%
Silver:54.23▼ 0.52%
Crude Oil:101.04▲ +1.14%
USD/INR:95.11▲ +0.00%
NIFTY 50:22,749.75▼ 0.02%
SENSEX:73,598.67▼ 0.01%
NIFTY BANK:53,974.9▼ 0.72%
NIFTY IT:32,189.45▼ 0.26%
NIFTY PHARMA:26,267.25▲ +1.91%
NIFTY AUTO:25,340.8▲ +1.48%
NIFTY FMCG:43,118.2▲ +0.74%
NIFTY METAL:11,806.7▲ +0.64%
NIFTY ENERGY:35,261.85▲ +0.68%
NIFTY REALTY:805.05▲ +1.94%
NIFTY FIN SERVICE:26,088▼ 0.59%
India VIX:16.40▼ 4.41%
Dow Jones:52,377.57▲ +0.03%
NASDAQ:26,477.81▲ +1.18%
S&P 500:7,722.6▲ +0.60%
Nikkei 225:64,067.1▲ +1.26%
Hang Seng:23,059.32▲ +0.08%
FTSE 100:10,686.54▼ 0.75%
Gold:4,064.3▼ 0.25%
Silver:54.23▼ 0.52%
Crude Oil:101.04▲ +1.14%
USD/INR:95.11▲ +0.00%
Institutional Flows
FII Net Cash-9,484 cr
DII Net Cash+10,042 cr
Global Benchmarks
Dow Jones
52,377.6+0.03%
NASDAQ
26,477.8+1.18%
S&P 500
7,722.6+0.60%
Nikkei 225
64,067.1+1.26%
Macro Commodities & FX
MCX Gold
₹4,064.3-0.25%
Brent Crude
$101.04+1.14%
MCX Silver
₹54.23-0.52%
USD / INR₹95.11 (+0.00%)
India 10Y Yield6.78% (+2 bps)
Sector Rotation
Nifty Realty+1.94%
Nifty Pharma+1.91%
Nifty Auto+1.48%
Nifty FMCG+0.74%
Nifty Energy+0.68%
Nifty Metal+0.64%
Nifty IT-0.26%
Nifty Financial Services-0.59%
Nifty Bank-0.72%
IPO in Focus
Hyundai Motor IndiaClosed
₹1,865 – ₹1,960₹27,870 cr
GMP: +₹65 (+3.3%)Sub: 2.37×
Waaree EnergiesClosed
₹1,427 – ₹1,503₹4,321 cr
GMP: +₹1,275 (+84.8%)Sub: 76.3×
Afcons InfrastructureOpen
₹440 – ₹463₹5,430 cr
GMP: +₹25 (+5.4%)Sub: 2.63×
Corporate ActionsCalendar
BLS· split
BLS E-Services Limited06 OctRecord
PHCAPITAL· bonus
P. H. Capital Ltd07 OctBonus
TCS· results
Tata Consultancy Services07 OctEarnings
SHANKARA· split
Shankara Buildpro Ltd08 OctRecord
MOLDTKPAC· bonus
Mold-Tek Packaging Ltd09 OctBonus
Stock Screeners
Notice board
On 4 October, NIFTY 50 fell 0.88%, and only 16 stocks advanced while 42 declined. Yet NIFTY IT gained 2.17%, with Infosys among the leaders. Read only the index and the day looks uniformly weak; look closer and one pocket was attracting buyers while most of the market was under pressure.
That is a useful habit in any market: an index is a summary, not a census. When it falls, check breadth and sector leadership before assuming everything is on sale. When it rises, ask how many stocks are actually participating. A narrow rally can be less sturdy than it looks; a sharp selloff can leave businesses with very different prospects. The index tells you where the crowd ended up; breadth helps explain how it got there.
Session Gainers
TATACONSUM
₹1,000+6.78%
DIVISLAB
₹9,505.5+5.03%
JSWENERGY
₹469.7+4.45%
BHARTIARTL
₹1,978.8+3.20%
BAJAJ-AUTO
₹10,390+3.17%
Session Losers
ASIANPAINT
₹2,277-1.94%
PIDILITIND
₹1,450-1.89%
COALINDIA
₹398-1.73%
GRASIM
₹2,900.8-1.67%
SBIN
₹945.1-1.63%
Most Traded & Volume Shockers
High Turnover
HDFCBANKHDFC Bank
₹680.2Vol: 4.03 cr
BHARTIARTLBharti Airtel
₹1,978.8Vol: 1.31 cr
INFYInfosys
₹1,163Vol: 2.01 cr
Volume Shockersvs 20d avg
TATACONSUMTata Consumer Products
5.4× surgeVol: 75.76 L
CIPLACipla
4.2× surgeVol: 40.78 L
HINDUNILVRHindustan Unilever
2.5× surgeVol: 37.95 L
Near 52-Week High
TRENTTrent Ltd
₹8,140−0.6%
BELBharat Electronics
₹312.4−1.2%
BHARTIARTLBharti Airtel
₹1,720.5−1.8%
SUNPHARMASun Pharma
₹1,910−2.1%
Near 52-Week Low
HDFCBANKHDFC Bank
₹680.2+0.2%
HAVELLSHavells India
₹1,008.5+0.9%
HDFCLIFEHDFC Life Insurance
₹513.6+1.0%
DABURDabur India
₹357.8+1.0%
Street Consensus
Capital Goods & Defense
BELJefferies
buyTarget: ₹365 (+17%)
Robust ₹76,000 cr order book across defense electronic warfare and radar systems with non-defense export acceleration.
HALNomura
buyTarget: ₹5,600 (+17%)
Long-term engine manufacturing agreement execution and Tejas Mk1A delivery cadence securing multi-year margin expansion.
Banking & Financials
HDFCBANKMorgan Stanley
buyTarget: ₹1,950 (+187%)
Improving loan-to-deposit ratio toward 100% threshold alongside steady net interest margin stabilization and branch productivity.
ICICIBANKGoldman Sachs
buyTarget: ₹1,450 (+5%)
Best-in-class return on assets (2.3%+) supported by pristine asset quality, fee traction, and calibrated retail underwriting.
Consumer & Technology
TCSCiti
buyTarget: ₹4,400 (+76%)
Large deal ramp-ups in BFSI and cloud migration offsetting discretionary spending pauses; industry-leading 26% operating margins.
TITANKotak Institutional
buyTarget: ₹3,850 (-12%)
Gold duty cuts unlocking festive purchasing volumes, with domestic market share gains in jewellery and GCC expansion.
Short-Term Tactical Bets
ITCITC
BUY · High-Momentum 52W BreakoutEntry: ₹266Target: ₹287 (+7.9%)SL: ₹255 (-4.1%)
Weekly momentum leader with sustained accumulation volume and breakout past resistance.
TECHMTech Mahindra
BUY · High-Momentum 52W BreakoutEntry: ₹1,790Target: ₹1,933 (+8.0%)SL: ₹1,718 (-4.0%)
Weekly momentum leader with sustained accumulation volume and breakout past resistance.
WIPROWipro
BUY · High-Momentum 52W BreakoutEntry: ₹184.4Target: ₹199 (+7.9%)SL: ₹177 (-4.0%)
Weekly momentum leader with sustained accumulation volume and breakout past resistance.
Long-Term Structural Bets
LTIMLTIMindtree Ltd
+21.5% TargetQuality Compounder · Exp 2027-03-01
Premier capital efficiency with net-cash resilience, accelerating BFSI deal ramp-ups, and PEG below 1.2x providing valuation safety.
TITANTitan Company Ltd
+21.7% TargetQuality Compounder · Exp 2027-03-01
Dominant market share consolidation in organized jewellery and eyewear with consistent >30% ROE and strong festive season demand visibility.
BELBharat Electronics Ltd
+26.3% TargetCapex & De-leveraging · Exp 2027-03-01
Record defense order book provides multi-year revenue visibility, while increasing domestic indigenization expands operating EBITDA margins.