MT Highlights Daily

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.

Acquisitions & Investments:
– IRM Holding subsidiary India Insure will acquire 100% stake in Safe Risk Insurance Brokers Pvt. Ltd. through a cash and equity structure, pending IRDAI approval.
– Indegene approved an investment of EUR 8.5 million in its wholly owned subsidiary in Ireland to strengthen operations.

SunTeck Realty acquired a land-holding firm, Shreejikrupa Hotels & Properties Pvt. Ltd., in Andheri for Rs. 100 cr through its subsidiary Apricum Buildwell Pvt. Ltd.

Welspun Corp delivered stellar execution with its highest-ever quarterly performance and strong balance sheet improvement.
Revenue stood at Rs. 4,409 cr, up 31% YoY and 23% QoQ.
EBITDA came in at Rs. 626 cr, up 36% YoY and 12% QoQ, while PAT rose 53% YoY and 26% QoQ to Rs. 440 cr.
The firm turned net-debt-free, supported by a robust order book of Rs. 23,500 cr across line pipes, DI pipes, and stainless steel bars.

Business Standard
– RBI Dy Guv reaffirms crypto scepticism, says CBDC will grow step by step
– SBI Card to charge 1% on wallet top-ups, app-based education payments
– IntrCity SmartBus secures ₹250 crore as India’s intercity travel booms
– Cipla’s global CEO Umang Vohra to step down, COO Achin Gupta to take over
– Exide Industries delays board meet as I-T department surveys offices