Stock News Highlights

• ICICI Lombard (-10.51%): Shares were the biggest loser of the day after Q1 FY27 net profit fell 46% YoY to ₹403 crore from ₹747 crore. Earnings were hit by ₹63 crore in fire insurance losses and a ₹165 crore one-time reserve provision for motor claims, pushing the combined ratio to 107.2%.

• Dixon Technologies (+7.00%): Shares emerged as one of the top gainers after HSBC upgraded the stock, citing improved earnings visibility following the government’s ₹62,500 crore mobile manufacturing scheme. The brokerage expects 30 bps margin expansion in the mobile business and raised its valuation multiple to 48x.

• HDFC AMC (-4.65%): Shares declined despite Q1 FY27 consolidated net profit rising 12% YoY to ₹837.1 crore and revenue increasing 13.6% to ₹1,099.7 crore. Average assets under management (AUM) also grew to ₹9.35 lakh crore from ₹8.30 lakh crore.

• Exide Industries (+X.XX%): Shares gained after the company invested ₹100 crore in subsidiary Exide Energy Solutions through a rights issue, taking its total investment to ₹4,902.23 crore, while retaining its 100% stake as it accelerates its lithium-ion battery expansion.

Sectoral Performance

• Nifty Consumer Durables (+1.48%): The index rebounded after declining 0.77% over the previous two sessions, led by Dixon Technologies, Titan Company, and Amber Enterprises. Dixon surged after HSBC upgraded the stock, citing the government’s ₹62,500 crore mobile manufacturing scheme, which is expected to improve margins and earnings visibility.

• Nifty Media (+1.18%): The index rebounded after recent weakness, supported by renewed buying interest in media and entertainment stocks. The sector witnessed 5 gainers and 5 losers, reflecting mixed sentiment despite the positive close.

• Nifty Realty (-0.98%): The index was the worst-performing sector of the day, extending its losing streak to three consecutive sessions amid profit booking in real estate stocks. Phoenix Mills, Prestige Estates, and DLF led the decline as investors remained cautious despite expectations of steady housing demand.

• Nifty Financial Services (-0.51%): The index ended lower as broad-based selling weighed on financial stocks, with 4 gainers and 15 losers. Profit booking across banks, NBFCs, and insurance companies kept the sector under pressure despite mixed Q1 earnings.

Market Insights

• Technical Level: Nifty opened with a minor gap-up and traded in a narrow range during the first half, facing resistance near 24,185. Selling pressure intensified thereafter, with the index making lower lows through the session before finding support around 24,050. It consolidated near this support level until the close.

• Advance-Decline Ratio: Market breadth remained negative, with 1,542 stocks advancing against 1,774 declining, indicating broader selling pressure as declining stocks outnumbered gainers across the market.

• The Big Picture: Iran escalated again. Explosions were reported across multiple regions. Kuwait intercepted drones. Bahrain sounded air raid sirens. Brent held near $84. And yet declines only narrowly outpaced advances. The market has learned to live with it.

• FII/DII Activity (July 15, 2026): FIIs remained net sellers with outflows of ₹736 crore, while DIIs continued to provide support, remaining net buyers with inflows of ₹705 crore.

Watch Out For Tomorrow

• IPO Corner: Caliber Mining & Logistics IPO open for subscription Tomorrow, making the key primary market offerings to watch this week.

• Macro: USA Housing Starts (Jun) & Michigan Consumer Sentiment Prel (Jul) data scheduled for release tomorrow.

• Market Watch: Thursday’s expiry session stayed range-bound as investors balanced rising Middle East tensions with Q1 earnings. ICICI Lombard and HDFC AMC saw sharp post-results declines, while Dixon Technologies and ABB India outperformed. Markets now await Wipro, Tech Mahindra, and Reliance Industries results. Immediate support is at 23,970, with resistance near 24,260.

Word of the day

• VWAP (Volume Weighted Average Price)

Meaning: VWAP is the average price of a stock weighted by its trading volume throughout the day. It helps traders identify the stock’s fair value and assess whether it is trading above or below the average market price.

Example: If a stock is trading above its VWAP, it may indicate strong buying momentum, while trading below VWAP often suggests selling pressure.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• L&T Technology Services (+6.53%): Shares advanced after Q1 FY27 net profit rose 13% YoY to ₹356.6 crore, revenue increased 11.5% to ₹2,940.1 crore, and EBIT margin expanded 200 bps to 15.7%.

• Tata Elxsi (-4.78%): Shares declined despite Q1 FY27 revenue rising 14.5% YoY to ₹1,021.1 crore and PAT increasing 18.2% to ₹170.6 crore, as profit fell 22.6% QoQ.

• Kirloskar Brothers (-0.23%): Shares slipped despite announcing a ₹149.59 crore (GBP 11.7 million) order secured by its UK arm, SPP Pumps Ltd., from Saipem Offshore Construction.

• Hero MotoCorp (-0.04%): Shares ended flat despite the board approving an additional investment of up to ₹1,000 crore in Ather Energy, as broader market volatility kept the stock range-bound.

Sectoral Performance

• Nifty Cement (+1.79%): The index emerged as the top sectoral gainer, supported by expectations of 6-8% domestic cement demand CAGR during FY27-FY29, driven by infrastructure and housing demand, with Nuvoco Vistas surging 17% after reporting 3.9% YoY Q1 volume growth.

• Nifty PSU Bank (+0.95%): The index was among the top sectoral gainers, supported by softer U.S. inflation data that eased Fed rate concerns, with SBI, Bank of Baroda, and Union Bank of India leading gains.

• Nifty Metal (-1.11%): The index underperformed broader markets as profit booking weighed on metal stocks, with Vedanta and Hindalco Industries among the major losers despite gains in Lloyds Metals & Energy.

• Nifty IT (-0.67%): The index fell despite strong Q1 earnings from major IT companies, as profit booking dominated trading, with 2 gainers and 8 losers across the sector.

  

Market Insights

• Technical Level: Nifty opened with a minor gap-up and extended gains in early trade, facing resistance near 24,220 before consolidating. Selling pressure intensified in the second half, dragging the index to support around 24,010, where it traded until the close, ending the session with marginal gains.

• Advance-Decline Ratio: Market breadth remained positive, with 1,845 stocks advancing against 1,444 declining, indicating broader buying interest as gainers comfortably outnumbered losers despite late-session volatility.

• The Big Picture: Geopolitical tensions escalated after the U.S. launched fresh strikes on Iran, targeting military infrastructure linked to attacks in the Strait of Hormuz. President Donald Trump warned of more intense strikes next week if peace talks fail, keeping investors cautious amid concerns over global energy supplies and regional stability.

• FII/DII Activity (July 15, 2026): FIIs remained net sellers with outflows of ₹736 crore, while DIIs continued to provide support, remaining net buyers with inflows of ₹705 crore.

Watch Out For Tomorrow

• Market Watch: When earnings take center stage, geopolitics takes a back seat. Despite U.S.-Iran tensions and crude near $85, Indian markets stayed resilient as strong Q1 results from LTTS and HDFC AMC lifted sentiment. The SBI Funds IPO saw robust demand, while investors now await earnings from HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank.

Word of the day

Open Interest (OI)
Meaning: Open Interest (OI) is the total number of outstanding futures or options contracts that remain active and have not been settled, exercised, or closed. It helps traders gauge market participation, liquidity, and the strength of ongoing price trends.

Example: Rising prices with increasing Open Interest often indicate fresh long positions and a strengthening bullish trend.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• HCL Technologies (-4.46%): Shares declined despite Q1 FY27 net profit rising 20.3% YoY to ₹4,624 crore and revenue growing 13.9% to ₹34,579 crore.

• EMS (-2.63%): Shares fell despite the company emerging as the lowest bidder for a ₹105.81 crore sewerage project from UP Jal Nigam (Urban), Varanasi.

• Alembic Pharmaceuticals (-1.19%): Shares declined after the USFDA issued a warning letter to a clinical investigator over informed consent observations related to a bioequivalence study.

• Landmark Cars (+17.38%): Shares surged after Q1 revenue rose 22.47% YoY to ₹1,733 crore, driven by strong vehicle sales and after-sales growth.

Sectoral Performance

• Nifty Pharma (+1.03%): The index outperformed benchmarks, supported by strong June pharmaceutical sales growth and defensive buying, with Biocon, Divi’s Labs, Cipla, and Sun Pharma leading gains.

• Nifty Healthcare (+0.89%): The index gained amid strong momentum in healthcare stocks, outperforming broader benchmarks, with 16 gainers and 4 losers, supported by resilient sector performance and sustained investor buying interest.

• Nifty Realty (-1.97%): The index declined sharply amid broad-based selling pressure, with all constituents closing in the red, reflecting widespread weakness and profit booking across real estate stocks.

• Nifty PSU Bank (-1.80%): The index declined amid broad-based selling pressure and profit booking after three consecutive sessions of gains, with SBI, Canara Bank, and Bank of Baroda among the major losers.

  

Market Insights

• Technical Level: Nifty opened with a sharp gap-down but recovered to face resistance near 24,160. The index then moved lower and traded within a narrow range before witnessing renewed selling pressure. Support emerged near 24,020, with Nifty closing around that level and ending the session marginally lower.

• Advance-Decline Ratio: Market breadth remained negative, with 1,020 stocks advancing against 2,277 declining, indicating broad-based selling pressure as declining stocks significantly outnumbered gainers.

• The Big Picture: U.S. inflation eased sharply in June, with consumer prices falling 0.4% month-on-month and annual inflation moderating to 3.5%, below expectations of 3.8%, as energy prices declined significantly. Core inflation also remained subdued at 2.6%, supporting positive market sentiment and pushing Treasury yields lower, although the Federal Reserve is expected to remain cautious on future interest rate decisions.

• FII/DII Activity (July 13, 2026): FIIs remained net sellers with outflows of ₹3,062 crore, while DIIs provided support by remaining net buyers with inflows of ₹2,172 crore.

Watch Out For Tomorrow

• IPO Corner: Millworks Technologies IPO open for subscription Today, making the key primary market offerings to watch this week.

• Macro: China GDP Growth Rate YoY (Q2) & USA PPI MoM (Jun) data scheduled for release tomorrow.

• Market Watch: Tuesday’s selloff deepened as Strait of Hormuz attacks involving Indian casualties pushed crude near $85, pressuring Realty and PSU banks. HCLTech fell despite strong earnings, while Pharma outperformed on robust domestic sales growth. Rising geopolitical tensions and elevated oil prices have increased market risks, warranting greater investor caution.

Word of the day

Duration

Meaning: A measure of a bond’s price sensitivity to changes in interest rates, indicating how much its value may fluctuate.

Example: Bonds with higher duration generally experience larger price movements when interest rates rise or fall.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• NTPC (+2.09%): Shares surged after the board approved a ₹20,456.70 crore investment for the 1,600 MW Lara Super Thermal Power Project Stage III.

• LTM (+2.16%): Shares advanced after Q1 FY27 net profit rose 17% YoY to ₹1,466 crore, while revenue increased 18% to ₹11,608 crore.

• Lux Industries (+2.55%): Shares gained after the Lux Cozi Group laid the foundation stone for a new ₹600 crore manufacturing facility in Dankuni, West Bengal, set to become one of Asia’s largest garment manufacturing hubs.

• RITES (+0.01%): Shares traded flat after the company, in a consortium, secured a ₹79.22 crore work order from Patna Metro Rail Corporation for consultancy services for the Patna Metro Rail Construction Project.

Sectoral Performance

• Nifty IT (+3.59%): The index surged to a one-month high, led by TCS, Infosys, and HCL Technologies, as TCS’ strong Q1 FY27 results, robust long-term deal wins, and a new multi-year partnership with ABB boosted investor sentiment, while investors also remained optimistic ahead of HCL Technologies’ Q1 FY27 earnings.

• Nifty Media (+2.09%): The index surged as 8 of its 10 constituents closed in the green, led by broad-based buying in media and entertainment stocks amid improved market sentiment, while only 2 stocks ended lower, limiting overall gains.

• Nifty FMCG (-1.02%): The index declined sharply as FMCG counters came under pressure amid concerns over elevated crude oil prices and slowing global growth, with losses in ITC, Nestlé India, and Hindustan Unilever weighing on the sector.

• Nifty India Defence (-0.75%): The index declined as 16 of its 18 constituents closed in the red, reflecting broad-based profit booking across defence stocks, while only 2 stocks ended higher, limiting the overall downside.

Market Insights

• Technical Level: Nifty opened with a sharp gap-down, establishing support near 24,000 at the start of the session. The index staged a strong recovery and rallied through the first half, extending gains into the second half before facing resistance near 24,260. It then witnessed a minor pullback and consolidated in a narrow range around that level until the closing bell.

• Advance-Decline Ratio: Market breadth remained positive, with 1,772 stocks advancing against 1,555 declining, indicating selective buying interest despite volatility, as advancing stocks marginally outpaced decliners.

• The Big Picture: Global AI demand remained robust as TSMC, the world’s largest contract chipmaker, reported a 67.9% year-on-year surge in June revenue, exceeding expectations on strong AI chip demand from customers such as Nvidia, Apple, and AMD. The upbeat performance reinforced optimism around the semiconductor sector ahead of TSMC’s Q2 earnings, highlighting continued strength in the global AI-driven technology cycle.

• FII/DII Activity (July 13, 2026): FIIs remained net sellers with outflows of ₹3,062 crore, while DIIs provided support by remaining net buyers with inflows of ₹2,172 crore.

Watch Out For Tomorrow

• IPO Corner: SBI Funds Management IPO and Alpine Texworld IPO open for subscription on July 14, with both mainboard issues set to close on July 16, making them the key primary market offerings to watch this week.

• Macro: China Balance of Trade (Jun) & USA Inflation Rate YoY (Jun) data scheduled for release tomorrow.

• Market Watch: Despite opening with a sharp gap-down amid escalating Middle East tensions, Indian markets recovered strongly and ended largely unchanged, outperforming several Asian peers. Optimism around IT earnings, led by LTIMindtree and TCS, supported sentiment, while investors now await HCLTech’s Q1 FY27 results for further direction. Technically, Nifty’s next resistance is seen near 24,480, while immediate support is placed around 24,000.

Word of the day

Convexity

Meaning: A measure of how a bond’s price sensitivity changes as interest rates move, improving the accuracy of duration-based price estimates.

Example: Bonds with higher convexity generally perform better during significant interest rate movements.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Indian Bank (+9.78%): Shares gained the most today after Q1 FY27 profit rose 10% YoY to ₹3,300 crore, supported by strong loan growth and improving asset quality.

• TCS (+0.95%): Shares gained after Q1 FY27 revenue reached ₹67,763 crore, profit stood at ₹13,349 crore, AI revenue rose 13.6% QoQ to $2.6 billion, while strong $9.5 billion deal wins boosted investor sentiment.

• Premier Energies (+2.57%): Shares advanced after inaugurating a 5.6 GW solar module facility and breaking ground for a 6 GWh battery storage and aluminium frames facility.

• Vikram Solar (+5.22%): Shares rose after signing an agreement with Evervolt Solar Technology India to procure 130 MW of Mono-PERC DCR-compliant solar cells.

Sectoral Performance

• Nifty Realty (+3.49%): The index extended its rally for a second consecutive session, with all constituents trading in green, as easing US Fed rate concerns improved global risk appetite and investor sentiment.

• Nifty PSU Bank (+3.03%): The index emerged as the second-highest sectoral gainer, led by Indian Bank, SBI, and Union Bank, as Indian Bank’s strong Q1 FY27 results boosted investor sentiment.

• Nifty IT (+1.96%): The index surged, with all constituents trading in green, as TCS’ Q1 FY27 results and strong $9.5 billion deal wins boosted investor sentiment.

• Nifty FMCG (-0.08%): The index emerged as the only sectoral loser, declining marginally as losses in Nestle India, Varun Beverages, and Marico weighed on performance.

  

Market Insights

• Technical Level: Nifty opened with a sharp gap-up and established support near 24,120. The index moved higher from support, witnessed a minor decline, and resumed its upward momentum before facing resistance near 24,230 and closing around that level.

• Advance-Decline Ratio: Market breadth remained strongly positive, with 2,339 stocks advancing against 973 declining, indicating broad-based buying interest and positive investor sentiment across the market.

• The Big Picture: The IMF projected India’s economy to grow 6.4% in FY27, slightly lowering its earlier estimate, before accelerating to 6.7% in FY28. Strong private consumption, resilient domestic demand, and robust services activity are expected to support growth, keeping India among the world’s fastest-growing major economies despite global uncertainties.

• FII/DII Activity (July 09, 2026): FIIs remained net sellers with outflows of ₹533 crore, while DIIs supported the market with net buying worth ₹2,058 crore.

Watch Out For Tomorrow

• IPO Corner: Laser Power & Infra IPO & Devson catalyst SME IPO closes on Monday, with the issue subscribed over 27times for Devson, reflecting strong investor demand.

• Macro: China Imports YoY (Jun) & Exports YoY (Jun), USA Core Inflation Rate YoY (Jun) data scheduled for release next week.

• Market Watch: Friday ended the week on a firm note, supported by strong market breadth and positive corporate earnings. TCS’ Q1 results boosted IT stocks, Indian Bank led gains in PSU banks, while realty extended its rally. Meanwhile, the IMF’s 6.4% FY27 growth projection reinforced confidence in India’s resilient economic outlook.

Word of the day

Convexity

Meaning: A measure of how a bond’s price sensitivity changes as interest rates move, improving the accuracy of duration-based price estimates.

Example: Bonds with higher convexity generally perform better during significant interest rate movements.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• TVS Motor Company (-0.37%): Shares declined despite partnering with Indian Oil Corporation to promote sustainable last-mile LPG cylinder deliveries across its network of over 13,000 LPG distributors.

• HFCL (-0.03%): Shares remained flat despite the company launching OptiQ AI, a unified brand for its optical connectivity portfolio targeting AI, cloud, and hyperscale data centres.

• TCS (-0.39%): Shares remained in focus after Q1 FY27 profit fell 2.7% QoQ to ₹13,349 crore, while revenue beat estimates and the board declared a ₹12 dividend.

• Dr Reddy’s Laboratories (-5.89%): Shares plunged after the company delayed semaglutide commercial supplies due to an API-related quality issue affecting certain product batches.

Sectoral Performance

• Nifty Realty (+3.54%): The index surged on strong buying interest, reversing its two-day decline, led by Lodha Developers, DLF, and Phoenix Mills, while turning positive on a year-to-date basis.

• Nifty Media (+2.09%): The index rose after four consecutive sessions of decline, with 9 gainers and 1 loser, supported by bargain buying at lower levels.

• Nifty IT (-0.30%): The index declined despite more stocks advancing, as losses in heavyweights Infosys, TCS, and Tech Mahindra outweighed gains, with investors cautious ahead of TCS’ Q1 FY27 results.

• Nifty Auto (+0.21%): The index recovered alongside the broader market, with 8 gainers and 7 losers, rebounding from the previous session’s geopolitical tensions and crude oil-driven sell-off.

Market Insights

• Technical Level: Nifty opened with a minor gap-up and moved higher during the morning session, facing resistance near 24,130. The index reversed sharply after hitting resistance, consolidated in a range, and witnessed a late-session sell-off before finding support near 23,920 and recovering slightly.

• Advance-Decline Ratio: Market breadth remained strongly positive, with 2,521 stocks advancing against 779 declining, indicating broad-based buying interest and strong investor sentiment across the broader market.

• The Big Picture: Oil prices remained volatile after fresh U.S. strikes on Iran escalated geopolitical tensions and renewed concerns over supply disruptions in the Middle East. Fears of attacks on commercial shipping and potential disruptions around the Strait of Hormuz kept crude prices elevated, adding uncertainty and pressure to global market sentiment.

• FII/DII Activity (July 08, 2026): FIIs remained net buyers with purchases worth ₹1,963 crore, while DIIs also supported market sentiment with net buying of ₹790 crore.

Watch Out For Tomorrow

• IPO Corner: Kusumgar IPO closes tomorrow, with the public issue subscribed over 12 times, reflecting strong investor demand.

• Macro: Canada Unemployment Rate (Jun) & Brazil Inflation Rate YoY (Jun) data scheduled for release tomorrow.

• Market Watch: Indian markets rebounded after Wednesday’s sharp sell-off, supported by strong market breadth as advances outnumbered declines by over 3:1. Realty and Media led the recovery despite elevated crude prices and geopolitical tensions. Investor focus now shifts to TCS Q1 results, with management commentary on demand, deal wins, and AI opportunities in focus.

Word of the day

• Resilience: Resilience refers to a market’s ability to withstand negative events, economic uncertainty, or selling pressure and recover quickly, reflecting strong investor confidence and underlying market strength.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Jubilant FoodWorks (-5.66%): Shares plunged after its Q1 FY27 business update showed modest 2.5% Domino’s India LFL sales growth, disappointing investor expectations despite 14.1% revenue growth.

• EMS (+1.86%): Shares advanced after the company emerged as the lowest bidder for a ₹158.28 crore sewerage project from the Delhi Jal Board.

• Orbit Exports (+0.06%): Shares remained unchanged despite the board approving a ₹27.6 crore share buyback at ₹250 per share, with July 15 fixed as the record date.

• InterGlobe Aviation (-5.02%): Shares declined as Brent crude surged over 6% to nearly $79 per barrel, raising fuel cost concerns, while IndiGo’s market share slipped to 64.9% in May despite leading on-time performance at 82.8%.

Sectoral Performance

• Nifty PSU Bank (-2.72%): The index declined sharply, with all constituents trading in the red. Broad-based selling pressure weighed on PSU banking stocks, despite the index gaining 13% over the past year.

• Nifty Private Bank (-2.52%): The index slipped sharply amid a broader market sell-off, with major losses in HDFC Bank, ICICI Bank, and Axis Bank, as rising crude oil prices and Middle East tensions weakened investor sentiment.

• Nifty FMCG (-2.49%): The index declined the most among sectoral indices, with all constituents trading in the red, as broad-based selling pressure and weak investor sentiment weighed on FMCG stocks.

• Nifty Media (-2.31%): The index plunged, with most constituents trading in the red and major losses in Zee Entertainment, PVR INOX, and Nazara Technologies amid broad-based selling pressure and weak investor sentiment.

Market Insights

• Technical Level: Nifty opened gap-down, faced resistance near 24,300 in the first half, and gradually moved lower before witnessing a sharp closing sell-off, finding key support around 23,800.

• Advance-Decline Ratio: Market breadth remained sharply negative as 698 stocks advanced, while 2,631 stocks declined, reflecting widespread selling pressure and weak investor sentiment across the broader market.

• The Big Picture: Global tensions escalated after Donald Trump declared the Iran ceasefire “over” and threatened fresh U.S. military strikes. Renewed conflict fears and concerns over disruptions near the Strait of Hormuz pushed oil prices sharply higher, with Brent crude jumping nearly 6%, adding pressure to global markets.

• FII/DII Activity (July 08, 2026): FIIs remained net buyers with purchases worth ₹1,963 crore, while DIIs also supported market sentiment with net buying of ₹790 crore.

Word of the day

Capitulation

Meaning: The act of surrendering or giving in, especially after strong pressure.

Market Context: The sharp sell-off reflected near-capitulation among investors as geopolitical tensions intensified and all sectors closed in the red.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Trent (-12.44%): Shares plunged after its Q1 FY27 business update showed 19% YoY revenue growth, as the performance fell short of investor expectations.

• RITES(+8.92%): Shares surged after securing a $35.82 million order from Volantis Asset Finance for supplying and commissioning 4,000 HP diesel-electric locomotives in South Africa.

• Kalyan Jewellers (-6.95%): Shares declined despite reporting double-digit Q1 growth, as its business performance lagged larger rival Titan and fell short of elevated investor expectations.

• Info Edge (India) (+13.10%): Shares jumped after Q1 standalone billings rose 14.4% YoY to ₹737 crore, driven by strong growth in recruitment and real estate businesses.

Sectoral Performance

• Nifty IT (+2.43%): The index emerged as the top sectoral gainer, led by Infosys, TCS, and HCL Technologies. Renewed buying in large-cap IT stocks, easing crude oil prices, and a reversal in FPI selling boosted investor sentiment and supported the rally.

• Nifty Consumer Durables (+0.89%): The index advanced, with 7 gainers and 8 losers, led by Titan Company. Positive investor sentiment, expectations of healthy quarterly earnings, improving consumer demand, and sustained buying interest in electronics and discretionary stocks supported the sector.

• Nifty India Defence (-1.65%): The index declined, losses in Bharat Electronics, HAL, and Solar Industries. as investors booked profits following the previous session’s rally, while Cochin Shipyard’s discounted OFS added selling pressure.

• Nifty Realty (-1.58%): The index traded lower in a range-bound market, with 1 gainer and 9 losers, as profit booking after recent gains weighed on the sector.

Market Insights

• Technical Level: Nifty opened flat and moved higher during the morning session, facing resistance near 24,530. The index reversed direction in the second half, forming lower lows and breaking below its opening level before finding support near 24,350 at the close.

• Advance-Decline Ratio: Market breadth remained negative, with 1,188 stocks advancing against 2,083 declining, indicating broad-based selling pressure and weak investor sentiment across the market.

• The Big Picture: Geopolitical tensions escalated after Ukrainian drones struck Russia’s largest oil refinery in Omsk, marking one of Kyiv’s deepest attacks into Russian territory. The development highlighted Ukraine’s growing long-range strike capabilities and raised fresh concerns over the Russia-Ukraine conflict and global energy supply risks.

• FII/DII Activity (July 07, 2026): DIIs sold ₹383 crore, while FIIs bought ₹393 crore, indicating renewed foreign buying interest as domestic institutions remained net sellers.

Watch Out For Tomorrow

• IPO Corner: Kusumgar IPO opens tomorrow, offering investors a fresh opportunity to participate in the primary market.

• Macro: USA FOMC Minutes & API Crude Oil Stock Change (Jul/03) data scheduled for release tomorrow.

• Market Watch: Tuesday’s session showed that beating expectations matters more than strong numbers, as Trent and Kalyan Jewellers fell despite healthy growth, while Info Edge, Titan, and Swiggy gained on positive developments. IT stocks recovered ahead of TCS results, though Thursday remains a key test. Weak market breadth and Nifty’s weekly expiry masked broader selling pressure. Investors should avoid chasing momentum, prioritise quality, and carefully track Q1 earnings.

Word of the day

Resilience

Meaning: The ability to recover quickly from setbacks, challenges, or difficult situations.

Example: Despite market volatility, the company’s resilience helped it deliver strong long-term returns.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Enviro Infra Engineers (+2.13%): Shares advanced after receiving two LoAs worth ₹126.78 crore and ₹130.14 crore from Uttar Pradesh Jal Nigam for sewage treatment plant projects.

• Innovision (+0.84%): Shares traded higher after receiving a ₹102.27 crore LoA from NHAI for user fee collection operations at the Sirohi Bahali Fee Plaza.

• NBCC India (+2.73%): Shares declined despite securing three orders worth ₹132.28 crore from Navodaya Vidyalaya Samiti and the Government of Odisha.

• Oberoi Realty (+0.98%): Shares rose after its Gurugram debut project, Three Sixty North, recorded ₹8,109 crore in gross bookings, selling 13.52 lakh sq ft in its first phase.

Sectoral Performance

• Nifty Realty (+1.81%): The index emerged as the top sectoral gainer, led by Phoenix Mills, Lodha Developer, and Godrej Properties. Strong Q1 sales, sustained housing demand, institutional investments, easing crude oil prices, and expectations of global interest-rate cuts supported the rally.

• Nifty Consumer Durables(+1.48%): The index advanced, with 12 gainers and 3 losers, led by strong gains in Dixon Technologies. Positive investor sentiment, expectations of healthy quarterly earnings, improving consumer demand, and sustained buying interest in electronics and discretionary stocks supported the sector.

• Nifty Media(-0.95%): The index declined, dragged by losses in Zee Entertainment, Nazara Technologies, and Network18, as profit booking in key constituents weighed on the sector.

• Nifty PSU Bank(-0.88%): The index declined, with 1 gainer and 11 losers, as investors shifted focus towards private banks following strong Q1 updates, while cautious positioning ahead of PSU bank quarterly earnings weighed on the sector.

Market Insights

• Technical Level: Nifty opened with a minor gap-up and established immediate support near 24,290. The index moved steadily higher throughout the session, forming higher highs and reflecting sustained buying momentum. It faced resistance around 24,460 and closed near that level, ending the session on a strong positive note.

• Advance-Decline Ratio: Market breadth remained negative, with 1,578 stocks advancing against 1,769 declining, indicating selling pressure slightly outpaced buying despite gains in the benchmark indices.

• The Big Picture: U.S. stock futures advanced after a strong week on Wall Street, with S&P 500 and Nasdaq-100 futures gaining 0.4% and 1.1%, respectively. Strong buying in technology stocks and optimism ahead of the Federal Reserve’s June meeting minutes supported global market sentiment.

• FII/DII Activity (July 03, 2026): DIIs sold ₹1,953.89 crore, while FIIs bought ₹1,355.33 crore, indicating foreign investors remained net buyers as domestic institutions continued profit booking.

Word of the day

Prudent: Being careful, wise, and thoughtful before making decisions, especially when risks are involved. A prudent person evaluates possible outcomes, avoids unnecessary risks, and chooses actions that support long-term success.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• HCL Technologies (+5.65%): Shares gained after signing a $1.14 billion strategic deal with a European company to build an AI-driven digital workplace and enterprise network model through 2031.

• BLS E-Services (+4.93%): Shares rose after acquiring a 100% stake in Atyati Technologies for ₹157 crore, strengthening its AI-led banking technology and financial solutions capabilities.

• Hitachi Energy India (-8.10%): Shares plunged after a Finance Ministry memo granted four Chinese firms a two-year exemption to participate in state-run tenders.

• Bharat Petroleum Corporation (+0.74%): Shares declined despite BPRL Ventures acquiring the remaining 39.14% stake in IBV Brasil Petroleo for ₹2,312 crore, enhancing energy assets.

Sectoral Performance

• Nifty Realty (+2.19%): The index emerged as the top sectoral gainer today, led by Lodha Developers, DLF, and Oberoi Realty. Strong housing demand, robust project pipelines, easing interest-rate expectations, and sustained investor confidence in the real estate sector supported the rally.

• Nifty Healthcare (+1.80%): The index rallied on strong defensive buying, with 19 gainers and 1 loser. Gains were driven by optimism around robust domestic demand, steady export growth, and expectations of healthy quarterly earnings from major pharmaceutical companies.

• Nifty PSU Bank (-1.54%): The index declined for the second consecutive session, led by losses in SBI, Union Bank, and Bank of Baroda. Profit booking, cautious positioning ahead of quarterly earnings, and continued pressure on Bank of Baroda following its NMC Health settlement weighed on sentiment across the sector.

• Nifty Energy (-1.33%): The index edged lower, with 8 gainers & 31 losers. Profit booking in heavyweight stocks, subdued sentiment in the power and energy space, and cautious investor positioning ahead of quarterly earnings weighed on the sector.

Market Insights

• Technical Level: Nifty opened with a strong gap-up and faced immediate resistance at 24,375 near the day’s high. Despite multiple attempts, the index failed to break above the resistance and gradually drifted lower throughout the session. It found support around 24,250 and closed near that level, ending the day in positive territory.

• Advance-Decline Ratio: Market breadth remained positive, with 1,823 stocks advancing against 1,513 declining, indicating buying interest slightly outpaced selling despite a volatile trading session.

• The Big Picture: OpenAI has reportedly proposed giving the U.S. government a 5% stake, valued at about $42.6 billion, to ease political pressure and share AI gains with the public. CEO Sam Altman also suggested a similar model for other leading AI firms, though the proposal remains in early discussions and lacks official confirmation.

• FII/DII Activity (July 03, 2026): DIIs sold ₹1,954 crore, while FIIs bought ₹1,355 crore, indicating foreign investors turned net buyers as domestic institutions booked profits.

Word of the day

Resilience

Meaning: The ability to recover quickly from setbacks, challenges, or difficult situations.

Example: Despite market volatility, the company’s resilience helped it deliver strong long-term returns.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Coal India Ltd. (+0.95%): Shares advanced after securing a ₹2,831 crore order to develop a 600 MW solar power project for Bundelkhand Saur Urja.

• Hero MotoCorp (+0.67%): Shares rose after announcing a ₹750 crore investment in a new global parts centre in Tirupati, boosting its Andhra Pradesh presence.

• Tata Technologies (+6.30%): Shares surged after expanding its global partnership with Tenneco, which plans to invest over $100 million during the next five years.

• Srivasavi Adhesive Tapes (+14.07%): Shares surged after its Bengaluru-based polymer division signed a supply agreement with a global multinational company for PP, HDPE, fabrics, and related products.

Sectoral Performance

• Nifty IT (+4.64%): The index surged after four consecutive sessions of losses, with all constituents ending in the green. Broad-based bargain buying following the recent correction and renewed investor optimism despite mixed global technology cues fueled the strong rebound across the sector.

• Nifty Realty (+1.45%): The index surged for the third consecutive session, led by gains in Prestige Estates, Oberoi Realty, and DLF. Optimism over strong housing demand, healthy project launches, easing interest-rate concerns, and improving investor confidence in organised real estate developers supported the rally.

• Nifty PSU Bank (-0.43%): The index ended lower with an equal split of 6 gainers and 6 losers. Profit booking in select heavyweight lenders, cautious positioning ahead of quarterly earnings, and mixed sentiment across the banking space weighed on the sector despite a broader market rally.

• Nifty Energy (-0.15%): The index edged lower, led by losses in Reliance Industries, BHEL, and CG Power. Profit booking in heavyweight stocks, subdued sentiment in the power and energy space, and cautious investor positioning ahead of quarterly earnings weighed on the sector.

Market Insights

• Technical Level: Nifty opened with a gap-up start and established immediate support near 24,060 in early trade. The index witnessed a steady upward rally, saw a brief intraday pullback, and then resumed its gains till the close, forming resistance around 24,190, reflecting sustained buying momentum throughout the session.

• Advance-Decline Ratio: Market breadth stayed strong, with 2,225 advances against 1,145 declines, indicating broad-based buying participation.

• The Big Picture: OpenAI has reportedly proposed giving the U.S. government a 5% stake, valued at about $42.6 billion, to ease political pressure and share AI gains with the public. CEO Sam Altman also suggested a similar model for other leading AI firms, though the proposal remains in early discussions and lacks official confirmation.

• FII/DII Activity (July 01, 2026): DIIs bought ₹3,159 crore, while FIIs sold ₹1,140 crore, reflecting sustained domestic participation amid continued foreign selling.

Watch Out For Tomorrow

• IPO Corner: Knack Packaging IPO closes for subscription tomorrow after receiving a healthy response from investors. The company manufactures printed and laminated woven polypropylene packaging solutions.

• Macro: AUS Balance of Trade (May) & USA Unemployment Rate (Jun) data scheduled for release tomorrow.

• Market Watch: Thursday’s rally was powered by a sharp rebound in IT stocks, with the Nifty IT index surging 4.6% after four consecutive losing sessions. The recovery came despite weak global tech cues, suggesting investors viewed Indian IT companies as attractive on valuations. Broad-based buying and strong domestic participation supported sentiment, while Nifty now faces resistance at 24,300 with immediate support near 24,000.

Word of the day

Broad-Based Rally

Meaning: A market rally where gains are spread across multiple sectors and a large number of stocks rather than being driven by a few heavyweight companies.

Example: Thursday’s advance was a broad-based rally, with 2,225 stocks rising against 1,145 declining on the NSE.

Stock News Highlights

• Godrej Properties (+4.98%): Shares gained after the company emerged as the highest bidder for a 4.95-acre residential land parcel in Noida for ₹331.75 crore, with the proposed project expected to generate over ₹2,000 crore in revenue.

• KPIT Technologies (-16.98%): Shares plunged after the company issued a profit warning for Q1 FY27, indicated continued weakness in Q2 revenue, and witnessed a ₹362 crore block deal, prompting JPMorgan to downgrade the stock and cut its target price, weighing heavily on investor sentiment.

• RailTel Corporation of India (+2.91%): Shares rose after the company secured a ₹107.6 crore order from Mahanadi Coalfields to establish an MPLS VPN network on a rental basis for 60 months, strengthening its order book and enhancing long-term revenue visibility.

• Hexaware Technologies (+7.15%): Shares gained after the company launched Tensai for Reasoning Ops, the first generally available stage of its agentic ITOps platform, aimed at enabling AI-driven operational decision-making and improving enterprise efficiency through evidence-backed actions.

Sectoral Performance

• Nifty Realty (+3.58%): The index emerged as the top-performing sector of the day, led by gains in DLF, Phoenix Mills, and Godrej Properties. Strong buying interest, optimism over robust residential demand, and expectations of sustained urban infrastructure growth boosted sentiment across real estate stocks.

• Nifty FMCG (+2.08%): The index rallied with all constituents trading in the green as easing crude oil prices, deferred price hikes, and renewed value buying after the recent correction boosted investor sentiment across the sector.

• Nifty IT (-2.01%): The index declined for the fourth consecutive session, with most losses in Infosys, TCS, and HCL Technologies. Persistent concerns over delayed client spending, weaker discretionary technology demand, and uncertainty surrounding the global macroeconomic outlook weighed on investor sentiment.

• Nifty Metal (-0.99%): The index ended lower, led by losses in Hindalco Industries, Tata Steel, and Jindal Steel. Weak global metal prices, concerns over demand from key export markets, and profit booking in heavyweight stocks weighed on sentiment across the sector.

Market Insights

• Technical Level: Nifty opened on a flat note and formed immediate support near 23,900 at the start of the session. The index witnessed a steady upside rally through the first half, creating resistance around 24050, before consolidating during the second half. A minor decline in the closing hour trimmed some gains, but the market ended on a positive note, reflecting sustained buying interest.

• Advance-Decline Ratio: Market breadth remained positive, with 1,852 advances against 1,473 declines, indicating broad-based buying participation and supporting the market’s upward momentum despite some late-session profit booking.

• The Big Picture: U.S. small-cap stocks posted their strongest first-half performance in 35 years, driven by AI-led infrastructure spending, improving earnings expectations, and valuation catch-up, boosting optimism for broader market participation beyond mega-cap technology.

• FII/DII Activity (June 30, 2026): DIIs remained strong net buyers with purchases worth ₹6,842 crore, while FIIs were net sellers of ₹2,557 crore, highlighting continued domestic support amid persistent foreign outflows.

Watch Out For Tomorrow

• IPO Corner: Knack Packaging IPO opened for subscription today. The company manufactures printed and laminated woven polypropylene packaging solutions.

• Macro: AUS Balance of Trade (May) & USA Unemployment Rate (Jun) data scheduled for release tomorrow.

• Market Watch: Wednesday brought relief after three straight sessions of selling, but the rebound was led by domestic themes rather than broad-based optimism. Realty, FMCG, and Media outperformed as investors preferred sectors insulated from global uncertainty. IT remained under pressure, with KPIT Technologies plunging on weak guidance, reinforcing caution toward global technology spending-linked businesses.

Word of the day

Market Breadth

Meaning: Market breadth measures how many stocks are rising versus falling in a market or index, indicating the overall strength of a market move.

Example: Positive market breadth, with more advances than declines, suggested that buying interest was broad-based despite volatility in benchmark indices.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Ola Electric Mobility (+8.37%): Shares surged after the Government of Delhi approved a new EV policy offering tax and registration exemptions for electric cars priced below ₹30 lakh, boosting sentiment across EV-focused companies.

• Transformers and Rectifiers Limited (+5.57%): Shares gained after the company secured an ultra-mega order worth over ₹1,000 crore from Power Grid Corporation of India Limited for manufacturing transformers and executing associated works, strengthening its order book and growth outlook.

• SJVN Limited (+1.89%): Shares advanced after the company signed power purchase agreements with Gujarat Urja Vikas Nigam Limited for electricity supply from its upcoming 66 MW Dhaulasidh, 210 MW Luhri Stage-I, and 382 MW Sunni Dam hydroelectric projects in Himachal Pradesh, strengthening long-term revenue visibility.

• Afcons Infrastructure Limited (-1.14%): Shares declined despite the board recommending a final dividend of ₹2 per share for FY26 and fixing July 23 as the record date, as investors remained cautious amid broader market sentiment and profit booking.

Sectoral Performance

• Nifty India Defence (+1.37%): The index emerged as the top-performing sector of the day with 17 gainers and 1 loser. Strong order inflows, rising defence exports, and continued government focus on indigenous manufacturing boosted investor sentiment across the sector.

• Nifty Realty (+1.31%): The index rebounded after declining in the previous session, led by gains in Phoenix Mills, Godrej Properties, and Lodha Developers. Improved buying interest and optimism around the domestic real estate market supported investor sentiment across the sector.

• Nifty IT (-2.73%): The index tumbled as persistent US rate concerns and AI-led disruption fears dampened the outlook for discretionary technology spending, dragging major IT stocks including Infosys, TCS & HCLTech.

• Nifty Media (-0.77%): The index ended lower despite 6 stocks advancing against 4 declining, as losses in heavyweight constituents outweighed broader buying interest and dragged the sector into negative territory.

Market Insights

• Technical Level: Nifty opened with a minor gap-up and witnessed a sharp decline at the start of the session, creating immediate resistance near 24,030. The index then traded in a narrow range throughout the day before slipping further towards the close, forming support around 23,830 and ending slightly above that level, indicating continued cautious sentiment.

• Advance-Decline Ratio: Market breadth remained positive, with 1,916 advances against 1,383 declines, indicating broader buying interest despite volatility in frontline indices.

• The Big Picture: U.S. small-cap stocks posted their strongest first-half performance in 35 years, driven by AI-led infrastructure spending, improving earnings expectations, and valuation catch-up, boosting optimism for broader market participation beyond mega-cap technology.

• FII/DII Activity (June 29, 2026): DIIs remained net buyers at ₹2,801 crore, while FIIs were net sellers worth ₹1,350 crore, providing domestic support amid foreign outflows.

Watch Out For Tomorrow

• IPO Corner: Aastha Sprintex IPO closes for subscription tomorrow (July 1), with investors closely tracking subscription levels and listing prospects.

• Macro: Japan Consumer Confidence (Jun) & Euro Inflation Rate YoY Flash (Jun) data scheduled for release tomorrow.

Word of the Day: Conviction

Meaning: Strong belief or confidence in a decision, idea, or investment.

Market Example: Strong institutional buying reflected investors’ conviction in the long-term growth outlook despite market volatility.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• BEML (-2.26%): Shares declined despite the company securing an additional export order worth approximately $5.35 million from the Middle East for heavy earth-moving equipment, taking the total contract value to around $41.73 million and its international order book to approximately $112.35 million.

• Lupin (+2.81%): Stock rose after the company received tentative US FDA approval for its ANDA for Enzalutamide Tablets in multiple strengths, used to treat various types of prostate cancer, strengthening its oncology portfolio.

• Ashoka Buildcon (+0.88%): Shares advanced after the company received a Letter of Acceptance worth approximately $35.42 million from the Central Housing and Planning Authority, Guyana, for the construction of a four-lane highway project.

• Persistent Systems (-11.22%): Stock plunged after the company announced the €1.4 billion acquisition of Germany’s Nagarro SE, with investors reacting negatively as brokerages flagged the deal as expensive despite its potential to strengthen the company’s European presence and scale.

Sectoral Performance

• Nifty Pharma (+1.03%): The index rallied to a fresh 52-week high, led by Laurus Labs, Dr. Reddy’s Laboratories & Lupin Optimism over expanding GLP-1 manufacturing opportunities, strengthening export demand, and rising expectations of long-term growth in biosimilars and generic drug exports boosted investor sentiment across the sector.

• Nifty Healthcare (+0.94%): The index advanced with 12 gainers and 8 losers as optimism around expanding GLP-1 manufacturing opportunities, improving pharmaceutical exports, and strong long-term growth prospects for India’s healthcare ecosystem lifted investor sentiment across the sector.

• Nifty Auto (-2.08%): The index declined on profit booking after last week’s sharp rally, Losses in Mahindra & Mahindra, Maruti Suzuki, and TVS Motor weighed on the sector as investors booked gains despite a broadly positive long-term outlook.

• Nifty Media (-1.32%): The index extended losses for the second consecutive session, with 4 gainers and 6 losers.3 Weak investor sentiment, profit booking after recent gains, and caution over advertising revenue growth weighed on media stocks.

Market Insights

• Technical Level: Nifty opened on a flat note and consolidated in a narrow range during the first half, facing resistance near 24,120. Selling pressure intensified in the second half, dragging the index sharply lower. It later moved sideways into the close, forming immediate support near 23,930, indicating a cautious undertone.

• Advance-Decline Ratio: Market breadth remained weak, with 1,329 advances against 2,036 declines, indicating broad-based selling pressure across the broader market despite selective buying in a few sectors.

• The Big Picture: Global sentiment improved after U.S. President Donald Trump announced fresh talks with Iran in Qatar, easing geopolitical tensions. The prospect of uninterrupted oil flows through the Strait of Hormuz pushed crude oil prices lower, supporting risk sentiment across global markets.

• FII/DII Activity (June 25, 2026): Market breadth remained weak, with 1,329 advances against 2,036 declines, indicating broad-based selling pressure across the broader market despite selective buying in a few sectors.

Watch Out For Tomorrow

• IPO Corner: Aastha Sprintex IPO opened for subscription today and will close on July 1, with investors closely watching subscription demand and listing expectations.

• Macro: China NBS Manufacturing PMI (Jun) & France Inflation Rate YoY Prel (Jun) data scheduled for release tomorrow.

• Market Watch: Monday’s session began on a weak note as profit booking after the recent auto rally weighed on sentiment, while pharma and healthcare stocks outperformed. After a range-bound start, the market witnessed sharp selling through the session before consolidating into the close. Immediate support is seen near 23,800, while 24,120 remains the key resistance level.

Word of the day

Profit Booking

Selling stocks after a price rally to lock in gains, often causing short-term market declines even when the overall outlook remains positive.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Embassy Developments (+3.24%): Shares gained after the company signed an MoU with the Government of Uttar Pradesh for a proposed ₹1,500 crore large-scale commercial development project in Lucknow, strengthening growth visibility and boosting investor sentiment.

• HCL Technologies (-1.19%): Shares declined despite the company expanding its partnership with Nokia for AI-driven network automation and being selected by Nestlé as a strategic partner for a long-term AI-led efficiency transformation programme.

• NLC India (-1.58%): Shares traded lower even after its subsidiary, NLC India Renewables, signed a joint venture agreement with OREDA to develop, operate, and maintain 1,000 MW of green energy projects in Odisha.

• Indian Railway Finance Corporation (-0.79%): Shares extended losses after the Government exercised the oversubscription option in the OFS, increasing the total offer size to 24.3 crore shares, representing a 1.86% stake in the company.

Sectoral Performance

• Nifty Auto (+2.80%): The index surged on broad-based buying, led by Mahindra & Mahindra, Maruti Suzuki, and Samvardhana Motherson. Falling crude oil prices improved sentiment by raising expectations of lower input costs, stronger margins, and better demand prospects across the automobile sector.

• Nifty Consumption (+0.73%): The index gained despite a mixed breadth of 16 gainers and 14 losers. Easing inflation concerns, expectations of a strong monsoon, and improving rural demand sentiment supported buying interest across consumption-focused companies.

• Nifty Metal (-1.37%): The index extended its losing streak for the third straight session, led by Vedanta, NALCO, and Hindustan Zinc. Weakness in global base metal prices, a stronger US dollar, and easing geopolitical risk premiums weighed on sentiment across the metals pack.

• Nifty PSE (-1.34%): The index declined as 17 constituents closed in the red, outweighing gains in 3 stocks. Profit booking in energy, power, and railway PSUs, coupled with concerns over stretched valuations and a lack of fresh triggers, weighed on investor sentiment across the sector.

Market Insights

• Technical Level: Nifty opened on a positive note and extended its rally in the first half, facing resistance near 24,260. However, the index witnessed profit booking in the second half, slipping below its opening level and forming a Support near 24,040. Despite the late pullback, Nifty managed to close the session with marginal gains, indicating resilient buying interest at lower levels.

• Advance-Decline Ratio: Market breadth remained weak, with 1,231 advances against 2,069 declines, reflecting broad-based selling across the broader market.

• The Big Picture: Global technology sentiment remained upbeat after Amazon announced an additional $13 billion investment in India’s AI and cloud infrastructure, taking its total commitment to $48 billion by 2030. The move reinforced optimism around India’s growing data center ecosystem, digital economy, and long-term AI growth prospects, benefiting technology and allied sectors.

• FII/DII Activity (June 24, 2026): DIIs remained net buyers at ₹3,637 crore, comfortably offsetting FII net selling of ₹1,843 crore and providing support to the broader market.

Watch Out For Tomorrow

• IPO Corner: CSM Technologies’ IPO closes on Monday, with investors closely watching subscription demand and listing expectations.

• Market Watch: Thursday’s session highlighted a shift in market sentiment as easing crude oil prices lifted auto stocks on expectations of lower input costs and stronger demand. Meanwhile, metals and oil & gas stocks declined amid weak global commodity prices. Expiry-day volatility and profit booking weighed on broader market breadth by the close.

Word of the day

Drawdown

Meaning: The percentage decline in an investment or portfolio from its peak value to its lowest point before recovering.

Why it matters: Drawdown helps investors measure downside risk and understand how much capital can be lost during volatile market phases.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Infosys (+2.65%): Shares gained after the company expanded its multi-year collaboration with GlobalFoundries to deliver AI-led managed services across the semiconductor manufacturer’s enterprise IT landscape, reinforcing confidence in Infosys’ AI and digital transformation capabilities.

• IRFC (-6.25%): Shares declined sharply after the Government of India announced an Offer for Sale (OFS) to divest a 2% stake, with an additional 1% greenshoe option. The floor price of ₹91 per share, set at a discount to the prevailing market price, weighed on investor sentiment.

• SIS (+2.88%): Shares gained after the company announced that its Board of Directors will meet on June 29 to consider a proposal for the buyback of equity shares. The potential buyback boosted investor sentiment, as it could enhance shareholder value and signal management’s confidence in the company’s outlook.

• Honasa Consumer (-0.94%): Shares traded in the red despite the company acquiring a 58% stake in Fluence Pharma, marking its entry into the nutraceuticals segment. Investor sentiment remained subdued amid profit booking and concerns over integration risks, overshadowing the long-term growth potential of the acquisition.

Sectoral Performance

• Nifty Realty (+2.17%): The index rallied sharply with all constituents trading in the green. Brigade Enterprises, Phoenix Mills, and Lodha Developers led the gains as broad-based buying lifted the real estate sector.

• Nifty IT (+2.05%): The index rose on broad-based buying, with all constituents closing in the green. Gains were led by Infosys, TCS, and Tech Mahindra as improving global technology sentiment boosted investor confidence.

• Nifty India Defence (-1.97%): The index declined as 16 constituents closed in the red , outweighing gains in 3 stocks . Profit booking after the recent rally, concerns over stretched valuations, and a lack of fresh order announcements weighed on sentiment. Losses were led by defence heavyweights, dragging the sector lower despite selective buying in a few counters.

• Nifty Energy (-0.89%): The index declined as broad-based selling pressure weighed on the sector. Losses were led by GE Vernova T&D, NTPC, and Hitachi Energy India amid profit booking and weakness across power and energy stocks. Investor caution over valuations and subdued near-term sector triggers further dampened sentiment.

Market Insights

• Technical Level: Nifty opened on a flat note and held support near 23,790 in the early session. The index witnessed sustained buying throughout the day, forming higher highs and maintaining positive momentum. It faced resistance near 24,090 towards the close and gave up a few points in the final hour, but still ended the session firmly in positive territory.

• Advance-Decline Ratio: Market breadth remained positive as 1,734 stocks advanced while 1,566 stocks declined, indicating a slight edge for buyers despite mixed participation across the broader market.

• The Big Picture: Global sentiment improved after U.S. President Donald Trump claimed Iran had assured there would be no tolls or additional charges for ships passing through the Strait of Hormuz under a newly signed interim peace agreement. Easing geopolitical tensions and lower crude oil prices reduced concerns over global energy supply disruptions, supporting risk appetite across financial markets.

• FII/DII Activity (June 24, 2026): Institutional sentiment remained supportive as DIIs were net buyers of ₹3,637 crore, comfortably offsetting FII net selling of ₹1,843 crore.

Word of the day

• Chokepoint :

Meaning: A narrow route or critical point through which people, goods, or resources must pass, making it strategically important.

Market Context: The Strait of Hormuz is one of the world’s most important oil chokepoints, as a significant portion of global crude shipments passes through it.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Vedanta (-7.90%): Shares fell sharply after reports said promoter Twin Star Holdings is likely to sell up to 6.5 crore shares worth ₹1,890 crore through block deals, with a floor price of ₹291 per share.

• Vodafone Idea (-2.50%): Shares declined after the board approved the allotment of 430 crore warrants worth ₹1,182.5 crore to promoter group entity Suryaja Investments, aimed at strengthening the company’s capital position.

• Bharat Electronics (-2.83%): Shares slipped despite the company securing additional orders worth ₹1,081 crore since May 25, covering communication equipment, radars, avionics, protection systems, spares, and related services.

• Info Edge India (+2.75%): Shares rose after the company revealed it has invested over ₹1,003 crore in 54 AI and deeptech startups since 2020, with its AI startup portfolio delivering a 2.1x value multiple and a gross IRR of around 31%.

Sectoral Performance

• Pharma | Nifty Pharma (+0.92%): The index extended its winning streak to five sessions, gaining as strong buying in pharma stocks was driven by defensive demand, robust earnings visibility, export opportunities, and growing confidence in innovation-led growth, led by Laurus Labs, Aurobindo Pharma, and Cipla.

• Healthcare | Nifty Healthcare (+0.54%): The index advanced with 13 gainers and 7 losers, led by gains in pharmaceutical, hospital, and diagnostic stocks amid improving sector sentiment and expectations of steady demand across healthcare segments.

• Metal | Nifty Metal (-3.22%): The index declined sharply as global metal prices weakened amid easing Middle East supply concerns and expectations of a US rate hike. Additional pressure came from Vedanta after reports of a promoter stake sale via block deals. The fall was led by Tata Steel, Vedanta, and Hindalco.

• IT | Nifty IT (-2.23%): The index tumbled amid a global sell-off in technology and AI-related stocks, while concerns over higher borrowing costs further weighed on sentiment. The weakness was seen in TCS, HCL Tech, and Infosys.

Market Insights

• Technical Level: Nifty opened flat and witnessed a minor upside move in the early session, facing resistance near 24,135. The index then remained under selling pressure throughout the day and declined sharply towards the close, finding support around 23,800.

• Advance-Decline Ratio: Market breadth remained weak with 1,020 advances and 2,280 declines, indicating broad-based selling pressure.

• The Big Picture: Global markets witnessed a sharp sell-off led by technology stocks as investors trimmed exposure to AI and semiconductor companies. Weakness in major chipmakers and tech giants across the US, Asia, and Europe weighed on sentiment, triggering broad-based risk-off selling.

• FII/DII Activity (June 23, 2026): Institutional activity remained supportive as DII bought ₹1,036 crore, while FII sold ₹636 crore.

Watch Out For Tomorrow

• IPO Corner: The IPO of Advit Jewels IPO Opened today , attracting strong investor interest amid growing optimism around India’s insurtech sector.

• Macro: Investors will closely monitor the USA API Crude Oil Stock Change (Jun/19) & AUS Inflation Rate YoY (May) data scheduled for release tomorrow.

• Index Watch: Nifty opened on a flat note and witnessed sharp selling pressure throughout the session, leading to a significant decline by the close and snapping its six-day winning streak. Heavy weakness in Metal and IT stocks weighed on overall market sentiment, pushing the index toward a crucial support zone. Traders may remain cautious as the next key support is seen around 23,640, while immediate resistance is placed near 24,000. A decisive move beyond either level could determine the market’s near-term direction.

Word of the day

• Diversification : The strategy of spreading investments across different asset classes, sectors, or securities to reduce overall portfolio risk. By avoiding overexposure to a single investment, diversification helps cushion losses during market downturns while improving the potential for more stable long-term returns.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Tata Motors Commercial Vehicles (+1.55%): Shares advanced after the company secured over 3,400 electric commercial vehicle (eCV) orders across freight and passenger segments, reflecting growing adoption of electric mobility solutions across India.

• Rail Vikas Nigam (+0.90%): Shares gained after the company received a Letter of Award (LoA) worth ₹2,977 crore from NMDC for setting up buffer stockpiles and related infrastructure projects.

• Power Mech Projects (+1.95%): Shares rose after the company secured an order worth ₹1,008.9 crore from JSW Thermal Energy for civil and structural works at its thermal power project in West Bengal.

• Bharat Forge (+3.06%): Shares surged after the company signed a ₹425 crore contract with the Ministry of Defence to supply gas turbine generators for the Indian Navy’s Kolkata-class warships.

Sectoral Performance

• India Defence | Nifty India Defence (+1.47%): The index ended higher during the session, led by strong gains in HAL, Bharat Electronics, and Solar Industries. Positive sentiment was driven by reports that the UAE is exploring the acquisition of India’s BrahMos supersonic cruise missile and Akashteer air defence system, strengthening expectations of higher defence exports and future order opportunities for domestic manufacturers.

• Media | Nifty Media (+1.42%): The index ended higher during the session, with market breadth remaining positive at 7 gainers and 3 losers. Gains were driven by buying in media and entertainment stocks amid expectations of stronger advertising revenues, improving viewership trends, growth in digital content consumption, and optimism around upcoming festive-season demand.

• Consumer Durables | Nifty Consumer Durables (-0.55%): The index declined during the session, led by losses in Titan Company, Dixon Technologies, and Bata India. Weak sentiment was driven by profit booking in consumer-facing stocks, concerns over near-term demand trends, and broader market weakness, which weighed on the sector despite expectations of steady long-term consumption growth.

• FMCG | Nifty FMCG (-0.41%): The index ended lower during the session, with market breadth remaining weak at 5 gainers and 10 losers. The decline was driven by profit booking in FMCG stocks, valuation concerns, and cautious investor sentiment ahead of quarterly earnings, which weighed on the sector despite expectations of steady consumer demand.

Market Insights

• Technical Level: Nifty opened with a gap-up opening and witnessed an upside rally in the early session. The index found support near 24,070 and faced resistance around 24,170. Thereafter, it consolidated within a narrow range for most of the day before witnessing selling pressure towards the close, ending the session off its intraday highs.

• Advance-Decline Ratio: Market breadth remained positive, with 2,148 advances and 1,205 declines, reflecting broad-based buying interest.

• The Big Picture: US Vice President JD Vance said US-Iran talks in Switzerland made significant progress, with Iran agreeing to allow IAEA inspectors back into the country. Both sides are working to prevent regional escalation and restore stability, while discussions continue on nuclear safeguards, frozen assets, and reopening the Strait of Hormuz.

• FII/DII Activity (June 22, 2026): Institutional activity remained supportive as DII bought ₹1,036 crore, while FII sold ₹636 crore during the session.

Watch Out For Tomorrow

• IPO Corner: The IPO of Turtlemint Fintech Solutions closes tomorrow, attracting strong investor interest amid growing optimism around India’s insurtech sector.

• Macro: Investors will closely monitor the UK S&P Global Services PMI Flash (Jun) & Germany S&P Global Manufacturing PMI Flash (Jun) data scheduled for release tomorrow.

• Index Watch: Nifty opened on a positive note and consolidated within a narrow range throughout the session. The index remained range-bound for most of the day, indicating cautious sentiment among market participants. Technically, Nifty continues to hold above key support levels, with the next support seen at 24,000 and resistance placed near 24,200.

Word of the day

• Conviction : Conviction refers to the confidence an investor has in an investment decision based on thorough research and analysis. Strong conviction helps investors stay focused on long-term goals, avoid emotional reactions to market fluctuations, and remain committed during periods of volatility.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• TruAlt Bioenergy (+0.55%): Shares gained after the company received approval for ₹150 crore financial assistance under the Government of India’s PM JI-VAN Yojana for its proposed commercial-scale Sustainable Aviation Fuel (SAF) project, supporting the development of green fuel infrastructure.

• HCL Technologies (-2.59%): Shares declined despite the company launching the AI Innovation Zone in Chennai, aimed at helping enterprises operationalise Intel-based AI products and HCLTech AI solutions for faster, cost-efficient AI deployment.

• Wipro (-1.12%): Shares slipped after the company announced the acquisition of an additional 20% stake in Aggne Global IT Services. The deal, expected to close by June 30, 2026, will increase Wipro’s ownership in the insurance technology solutions provider.

• Amber Enterprises India (-0.96%): Shares declined despite the company entering into a manufacturing collaboration with Oppo Mobiles India. Under the partnership, Amber will manufacture mobile phones for OPPO, OnePlus, and Realme brands, expanding its electronics manufacturing capabilities.

Sectoral Performance

• Healthcare | Nifty Healthcare (+0.74%): The index gained during the session, with market breadth remaining strong at 15 gainers and 5 losers. The rally was driven by broad-based buying in pharmaceutical and hospital stocks, supported by expectations of resilient earnings, rising healthcare demand, capacity expansion plans, and the sector’s defensive appeal amid market uncertainty.

• Pharma | Nifty Pharma (+0.73%): The index advanced during the session, led by strong gains in Laurus Labs, Aurobindo Pharma, and Sun Pharma. Positive sentiment was driven by buying in pharmaceutical stocks amid expectations of robust export demand, improving earnings visibility, and continued growth in domestic healthcare spending.

• IT | Nifty IT (-3.65%): The index plunged sharply and emerged as the worst-performing sectoral index of the day, led by heavy selling in Infosys, TCS, HCL Technologies and Tech Mahindra. Market breadth remained weak as investor sentiment turned negative after Accenture trimmed its revenue guidance, raising concerns over global IT spending and demand outlook.

• Oil & Gas | Nifty Oil & Gas (-1.18%): The index extended its losing streak for the third consecutive session. Market breadth remained weak with 5 gainers and 9 losers, as investor sentiment stayed cautious amid concerns over volatile crude oil prices, margin pressures, and profit-booking in heavyweight energy stocks.

Market Insights

• Technical Level: Nifty opened with a sharp gap-down and traded in a narrow range for most of the session. Despite a strong pullback in the final hour, the index closed in the red. Key support is placed near 23,900, while immediate resistance stands around 24,050.

• Advance-Decline Ratio: Market breadth remained slightly positive as 1,760 stocks advanced against 1,522 declines, indicating selective buying despite the benchmark indices closing in negative territory.

• The Big Picture: Global markets traded mixed as investors evaluated the durability of the U.S.-Iran peace agreement. Most Asian markets closed lower despite easing geopolitical concerns, while European markets remained cautious. U.S. markets were closed for the Juneteenth holiday, with investors continuing to monitor developments in the Middle East and the outlook for global interest rates.

• FII/DII Activity (June 18, 2026): After many sessions of continuous buying, DIIs turned sellers today, selling equities worth ₹1,159 crore. Meanwhile, FIIs remained strong buyers, investing ₹4,859 crore in the market.

Word of the day

• Prudence : Prudence means acting with wisdom, caution, and good judgment, especially when making important decisions. In investing, prudence helps investors manage risks, avoid impulsive actions, and focus on long-term goals rather than reacting emotionally to short-term market fluctuations.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Rail Vikas Nigam (+1.00%): Shares gained after the company received a Letter of Acceptance (LoA) from East Coast Railway for bridge construction works on the Bhadrak–Vizianagaram section. The EPC contract, covering the 3rd and 4th railway lines, is valued at ₹967.92 crore.

• HFCL (+5.00%): Shares hit the upper circuit after the company secured a ₹2,666.09 crore contract from Rail Vikas Nigam under the BharatNet Phase-III project in Uttar Pradesh. The order includes telecom equipment supply, optical fiber network creation, and maintenance services for 10 years.

• Lupin (+2.43%): Shares advanced after the company launched Azilsartan Medoxomil Tablets (40mg and 80mg) in the U.S. following US FDA approval. Lupin is the exclusive first-to-file applicant and is eligible for 180-day generic drug exclusivity for the hypertension treatment.

• Bata India (+16.42%): Shares rose sharply after the company appointed former Nike executive Sanjay Rao as its new Managing Director & CEO. Investors cheered the appointment, citing his extensive global retail leadership experience across India, Europe, and Asia, as well as his role in building Zara’s business in India.

Sectoral Performance

• Healthcare | Nifty Healthcare (+1.84%): The index was among the top sectoral gainers of the day, led by Max Healthcare. Market breadth remained strong with 15 gainers and 5 losers, supported by buying in hospital and pharmaceutical stocks amid optimism over rising healthcare demand, expansion plans, and defensive sector appeal.

• FinSrv15/50 | Nifty FinSrv15/50 (+0.69%): The index advanced during the session, led by gains in DLF, Godrej Properties, and Lodha Developers. Positive sentiment was driven by strong buying interest in real estate-linked financial stocks, supported by expectations of sustained housing demand and improving sector fundamentals.

• IT | Nifty IT (-1.19%): The index emerged as one of the top sectoral losers of the day, Market breadth remained weak with 2 gainers and 8 losers as investor sentiment turned cautious after the U.S. Federal Reserve signaled the possibility of a future rate hike, raising concerns over discretionary IT spending and demand from key overseas markets.

• Metal | Nifty Metal (+0.01%): The index traded flat during the session, as gains in select metal stocks were offset by weakness in Jindal Stainless, NALCO, and Hindustan Copper. Mixed sentiment in the sector kept the index range-bound amid cautious investor positioning and fluctuating commodity price trends.

Market Insights

• Technical Level: Nifty opened on a flat note and traded in a range during the initial session. The index moved higher before witnessing profit booking and slipping below its opening level, finding support near 24,040. It later recovered strongly and extended gains throughout the day, with a sharp rally in the final hour. Nifty closed near the day’s high while facing resistance around 24,190.

• Advance-Decline Ratio: Market breadth remained positive with 1,897 advances against 1,382 declines, indicating broader buying interest and supportive sentiment across the market despite selective profit booking in some counters.

• The Big Picture: Shares of Intel surged nearly 7% after U.S. President Donald Trump announced that Apple had agreed to partner with Intel to design and manufacture chips in the U.S., boosting investor optimism around domestic semiconductor production and Intel’s growth prospects.

• FII/DII Activity (June 18, 2026): DIIs remained net buyers at ₹3,517 crore, while FIIs were net sellers at ₹1,025 crore, indicating continued domestic support despite foreign outflows.

Watch Out For Tomorrow

• IPO Corner: The IPO of Turtlemint Fintech Solutions opens for subscription tomorrow, drawing investor attention amid growing interest in India’s insurtech sector.

• Macro: Investors will closely monitor the Japan Inflation Rate YoY (May) & UK Retail Sales MoM (May) data scheduled for release tomorrow.

• Index Watch: Nifty extended its gains for the third consecutive session, opening flat and consolidating in a narrow range before witnessing strong buying interest in the latter half. The index found support near 24,040 and rallied sharply towards the close, reflecting sustained bullish momentum. Immediate support is placed near 23,970, while the next resistance is seen around 24,280. Domestic buying continues to support the market despite intermittent FII selling.

Word of the day

• Conviction : It refers to a strong belief or confidence in a decision, investment, or strategy. In financial markets, investors with high conviction maintain their positions despite short-term volatility, trusting their long-term analysis and outlook.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.