NIFTY OUTLOOK: 25,891.40 FII: -1,165.94 cr DII: 3,893.73 cr
As discussed yesterday, market behaviour remained on the expected lines during the day. Strong buying momentum initially lifted Nifty to an intraday high of 26,104.2, but it failed to sustain at higher levels and slipped towards the day’s low of 25,862.45.
1. FIIs net long: 18.65%
2. VIX: 11.29
3. PCR: 0.97
Note:
The biggest development came on the US–India trade deal front. As per reports by Mint, both nations are close to finalizing a long-pending trade agreement under which the US may cut tariffs on Indian imports from the current 50% to around 15–16%.
As discussed yesterday, the market behavior remained broadly on expected lines. The positive momentum in Nifty extended the rally up to 25,935 during the day.
However, a bearish star candlestick appeared on the daily chart, indicating a potential pause in the uptrend and indecision about the next directional move.
FEDERAL BANK: Clarifies no decision yet on preferential issue for 9.99% stake
Federal Bank said no decision has been finalized regarding a reported preferential issue of up to 9.99% stake.
The Board will meet on October 24, 2025, to evaluate various fund-raising options.
CLSA on HDFC Bank
Outperform | TP Rs 1200
2Q steady with NII and core PBT in line. Deposit growth strong at 15%, loan growth up to 10% YoY. CASA ratio stable. FY25 was a year of aggressive deposit mobilisation; FY26 focus to shift to quality of deposits. NIM down 8 bps QoQ, slightly better than expected.
Nomura on RIL
Buy | TP Rs 1700
2Q slight beat on strong Retail performance. Raised FY26/27F EBITDA by 4%/12%. Reported net debt steady at Rs 1,185 bn; capex rose to Rs 400 bn. Sees three growth triggers near term – scale-up of New Energy, Jio tariff hikes, and potential Jio IPO/listing by 1H CY26.
Investors can expect decent return in following stocks in vikram samvat 2082 & can concentrate on Mahurat day 21-10-2025 Tuesday.
1) Alembic BSE code 506235 & NSE symbol alembicltd CMP Rs.101
2) Bright Brothers BSE code 526731 CMP Rs.332
KPI Green Energy
Received LOAs from SJVN Ltd for 200 MW (AC) solar EPC and O&M project at Khavda, Gujarat. Order value Rs 696.5 cr. Scope includes supply, erection, testing, commissioning, and 3-year O&M. Raises total Khavda portfolio above 845 MWp (DC). (Positive)
MS on Hyundai
OW TP Rs 3066
By 2030, India will became second-largest market for HMC, after the US. Rs450bn capex, seven new nameplates, multi-powertrain strategy, and luxury foray via Genesis to drive growth.
Tarun Garg takes over as MD and CEO of HMI.
F2030 revenue guidance of Rs1trn-plus looks conservative to us.
On F27 estimates, HMI, MSIL and M&M (tractors at 25x P/E) trade at P/Es of 26.3x, 25.4x, and 23.8x, respectively
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.
