Saatvik Green: Company has secured a significant order worth Rs 638.85 crore. (Positive)
Mishra Dhatu Nigam: Company Secures Order worth Rs 306 Crore. (Positive)
Godrej Properties: Company acquires 26-acre land parcel near Sarjapur Road, Bengaluru with an estimated revenue potential of ₹1,000 cr. (Positive)
Tech Mahindra
Nomura – Buy, TP Rs 1,670
2QFY26 strong across most parameters. Deal wins and pipeline robust; aiming for better revenue growth in FY26E vs FY25. Business turnaround progressing well at midpoint of 3-year plan. Trades at 18.3x FY27F EPS.
CLSA – High Conviction O-P, TP Rs 1,695
2Q revenue and EBIT beat; margins at 12.1%, targeting 15% in FY27. Strong management track record; growth ambition above peer average remains uncertain.
Sridhar Vembu, founder and Chief Scientist of Zoho Corporation, has called on the Indian government to enforce a policy requiring foreign artificial intelligence (AI) companies and Global Capability Centres (GCCs) operating in India to register their intellectual property (IP) locally or license it to their parent entities abroad.
In a significant policy shift, the Indian government has moved to restrict the import of silver and certain jewellery articles by changing their classification from “free” to “restricted” with immediate effect. The restrictions will remain in force until 31st March 2026.
Amid growing internal tensions within one of India’s most influential conglomerates, Prime Minister Narendra Modi’s administration has intervened—sending senior ministers to engage directly with Tata leadership in an unprecedented move that signals the gravity of the situation.
India can no longer afford to lag in foundational technologies, warns Zoho founder Sridhar Vembu. Drawing on hard lessons from global dynamics, Vembu argues that decades of misguided economic counsel—especially from Western-trained economists—have left India vulnerable in a new era where technology itself can be weaponized.
Fly SBS Aviation to induct an Embraer Legacy 650 aircraft on dry lease, expanding its existing Legacy fleet. The 13-seater jet, with a range of 3,900 nautical miles, will enhance FlySBS’s ability to cater to India’s growing demand for medium to long-haul private travel across the Middle East and Southeast Asia.
Emerald Finance expands gold loan operations to Andaman & Nicobar and partners with Jatson Power Pvt. Ltd. to offer Early Wage Access Program.
Macros:
1. FIIs net long position stands at 13.45%
2. VIX is at 11.15 (+1.27%)
3. PCR is at 0.68
4. FIIs sold Rs. 1,508 cr in cash, Rs. 1,651 cr in index futures, and Rs. 3,887 cr in stock futures — total net selling of Rs. 7,056 cr
5. Open Interest Position:
Daily Morning Reprt Date: 15.10.2025
NIFTY OUTLOOK: 25145.50 FII: -1508.53 cr DII: 3661.13 cr
As discussed yesterday, market behaviour remained on the expected lines during the day. Nifty opened with an uptrend and reached near our level of 25315 (made a day high of 25310.35) but failed to sustain there and slipped to a day low of 25060.55 — close to our support of 25053. On closing, it ended near our level of 25140 i.e. closed at 25145.50.
Cupid Limited, India’s premier manufacturer and exporter of healthcare and wellness products, has been recognized at the Maharashtra State Export Awards 2025 for its remarkable contribution to international trade.
For those of you who are serious about having more, doing more, giving more and being more, success is achievable with some understanding of what to do.
