HSBC on Ambuja Cement
– Target Price: Rs.700
– Recommendation: Buy
– Q2 beat driven by tax writebacks; cost reduction and capacity expansion seen as positives for H2.

V2 Retail completed a Qualified Institutional Placement (QIP) worth Rs.400 cr on 3rd Nov 2025, issuing 18,74,414 equity shares at Rs.2,134 per share — around 5% below the floor price of Rs.2,245.75. Funds raised from eligible institutional investors have been credited to an escrow account.

Business Standard
– CtrlS Datacenters, NTPC Green ink pact for over 2 GW renewable power projects
– Vanguard opens Global Value Center in Hyderabad, boosting tech innovation
– BYD’s $100 bn EV success turns into a $10 bn cash outflow problem

NIFTY OUTLOOK: 25722.10  FII: -6769.34 cr  DII: 7068.44 cr.
As discussed in the previous report dated 27th October 2025, market behaviour remained on expected lines during the week as the interrupted uptrend faced resistance around 26045, from where Nifty slipped to a weekly low of 25711.

1. Auto is tarding @ pe of 27.8 vs 25.1 ( Oct 2024 ) over bought might see some profit booking & side ways movement .
2.Fmcg is Under valued current pe is @ 41.30 vs 50.89 ( Sep 2024 ) Approx 24 % discount .

1.Fiis net long is @ 16.8 % .
2.Pcr is @ 0.50
3.Vix is @ 12.15 ( 0.66 % )
4.Fiis sold 6769.34 cr in cash , Index fut is 1611.57 cr & 941 cr in stock fut
A. Diis bought 7068 cr .
5. Open interest data

Corporate Updates
– Dredging Corporation of India: PM announces ₹4,000 cr modernisation plan under four major ports; 11 new dredgers to be procured, including three TSHDs.
– Zaggle Prepaid: Signed 3-year domestic services pact with Hitachi Cash Management for its Propel platform.

Dredging Corporation of India: PM announced a ₹4,000 crore modernisation plan under major ports — VPA, JNPA, DPA, and SMP. DCI will procure 11 new dredgers, including three TSHDs, with one delivered in October 2025. Focus remains on digital, automated, and green dredging through Indian shipyards.

Jefferies on TCS
Target Price: Rs. 3,100 | Rating: Hold
Data center foray to diversify revenues, but expected contribution only ~3% in 5 years.