NIFTY OUTLOOK: 25585.30 FII: Rs. 997.29 cr DII: Rs. 4076.20 cr
As discussed yesterday, market behaviour remained on expected lines as strong buying pressure and a decisive breakout above the resistance formed on 18th September 2025 propelled Nifty up to 25625.40. On the day of closing, it ended near the high at 25585.30.
1. FIIs net long position stands at 13.8%
2. VIX at 10.86 (+3.13%)
3. PCR at 1.52
4. FIIs bought Cash Rs. 997.29 cr, Index Futures Rs. 5066.71 cr, and Stock Futures Rs. 463 cr
5. Open Interest Position
Nomura on Tech Mahindra
Buy | Target Price Rs 1,670
2QFY26 was a good show on most parameters. Deal wins and pipeline are strong; management aims for better revenue growth in FY26E versus FY25. Business repair is underway with solid progress at the midpoint of a three-year turnaround. Stock trades at ~18.3x FY27F EPS.
Saatvik Green
Company secured a significant order worth Rs 638.85 cr. (Positive)
Mishra Dhatu Nigam
Company secured an order worth Rs 306 cr. (Positive)
Godrej Properties
Acquired a 26-acre land parcel near Sarjapur Road, Bengaluru, with an estimated revenue potential of Rs 1,000 cr. (Positive)
Daily Morning Report Date: 16.10.2025
NIFTY OUTLOOK: 25323.55 FII: Rs. 68.64 cr DII: Rs. 4650.08 cr
As discussed yesterday, market behaviour remained on expected lines. Buyers managed to overcome selling pressure, pushing Nifty to an intraday high of 25365.15. The index closed near the day’s high at 25323.55, almost touching our key level of 25330.
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.
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.
MS on Muthoot Finance – Maintain Overweight on the company, raise target price to Rs.3660/share (Positive)
MS on Manappuram – Maintain Equal Weight on the company, raise target price to Rs.285/share (Positive)
MS on TCS – Maintain Overweight on the company, target price at Rs.3690/share (Positive)
Nuvama on TCS – Maintain Buy on the company, target price at Rs.3650/share (Positive)
Avendus on TCS – Upgrade to Buy, raise target price to Rs.3700/share versus Rs.3690/share (Positive)
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.
