Stock News Highlights

• Bharat Electronics (+0.62%): Stock rose after securing additional orders worth ₹533 crore since September 17, covering communication equipment, avionics, cybersecurity systems and other defence-related solutions, strengthening its order book and supporting future revenue visibility.

• Hero Motors (+2.64%): Stock gained after Q1 consolidated net profit surged 115.3% YoY to ₹10.2 crore from ₹4.7 crore, while revenue jumped 24.9% to ₹319.3 crore from ₹255.7 crore, reflecting strong business growth and improved financial performance.

• Hyundai Motor India (+0.04): Stock remained flat as Hyundai Motor Group announced a $15.5 billion investment plan for India between 2026 and 2032, reinforcing its commitment to expanding operations, strengthening its strategic presence and advancing next-generation automotive technologies.

• Tata Elxsi (+5.73%): Stock advanced after Q2 FY27 net profit rose 10% YoY to ₹170.3 crore, while revenue increased 15% to ₹1,055.7 crore. Improved operating margins and growth across key business segments boosted investor sentiment.

Sectoral Performance

• Nifty Energy (+1.47%): Sector rose, led by Reliance Industries, Adani Power and BHEL, as rising crude oil prices and escalating Middle East tensions heightened concerns over global energy supply, supporting buying interest across energy stocks.

• Nifty FMCG (+1.21%): Sector advanced for the second consecutive day as investors preferred fundamentally resilient companies with stronger earnings visibility amid a challenging macroeconomic backdrop. All constituents traded in the green, reflecting broad-based buying interest across FMCG stocks.

• Nifty Pharma (-1.30%): Sector declined, dragged by Divi’s Laboratories, Sun Pharma and Zydus Lifesciences, as concerns over weak Q2FY27 earnings growth, declining high-margin Revlimid sales, persistent US pricing pressure and higher R&D spending weighed on investor sentiment.

• Nifty Healthcare (-1.25%): Sector declined amid broad-based selling pressure, with 2 gainers and 18 losers, reflecting weak investor sentiment across healthcare stocks as losses outweighed gains across the sector.

Market Insights

• Technical Level: Nifty opened flat and consolidated within a range, facing resistance near 22,760. In the second half, the index witnessed a sharp fall, finding support near 22,560 before rebounding from that level. Despite the recovery, the index closed marginally higher from its intraday lows but remained negative overall.

• Advance-Decline Ratio: Market breadth remained positive, with 2,023 stocks advancing against 1,536 declining, resulting in an A/D ratio of 1.32, indicating broader buying interest despite the Nifty closing in negative territory.

• The Big Picture: Brent traded above $105 as the IEA warned that diesel market constraints could persist into 2027, while attacks on Saudi Aramco facilities renewed fears over global oil supply.

• FII/DII Activity (October 13, 2026): DIIs were net buyers at ₹2,439 crore, while FIIs were net sellers at ₹1,305 crore, indicating strong domestic institutional support that helped offset foreign selling pressure.

Watch Out For Tomorrow

• IPO Corner: HD Fire Protect IPO is Closing for subscription Tomorrow, making the IPO robust sentiment.

• Macro: UK GDP MoM (Aug) & USA Retail Sales MoM (Sep) data is scheduled to be released tomorrow.

• Market Watch: For investors, the next step is patience. Watch the US CPI print and crude’s reaction before making any big move. Keep some cash ready, stick to quality names, and add in small amounts only on clear dips.

Word of the day

Consolidation

Meaning: A phase when a stock or market moves within a narrow price range without a clear upward or downward trend.

Example: Nifty witnessed consolidation throughout the session before falling sharply in the second half and rebounding from support near 22,560.

Why it matters: Consolidation often reflects indecision between buyers and sellers before a potential breakout or breakdown.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• HCL Technologies (+8.42%): Stock rose the most today after Q2 profit surged 21.2% to ₹5,132 crore, while revenue grew 11.5% to ₹35,620 crore. Margin expansion to 18.2% and a global partnership with Anthropic to scale agentic AI across enterprises further boosted investor sentiment.

• RBL Bank (-7.10%+): Stock fell as investors remained concerned about a declining CASA ratio, rising credit costs and growth driven by FCNR(B) deposits, overshadowing a 170% YoY jump in Q2 net profit.

• IRCON International (+1.23%): Stock advanced after securing an EPC works order worth ₹862.5 crore from East Central Railway in Bihar, strengthening its order book and improving revenue visibility for its railway infrastructure business.

• Karur Vysya Bank (+1.84%): Stock rose after entering into an agreement with Zurich Kotak General Insurance to distribute general insurance products, expanding its bancassurance offerings and creating opportunities to generate fee-based income.

Sectoral Performance

• Nifty IT (+5.22%): Sector rose the most today, led by Infosys, TCS and HCL Technologies, as positive quarterly results and encouraging management commentary on healthy demand and strong deal pipelines boosted investor sentiment across IT stocks.

• Nifty Realty (+2.46%): Sector advanced amid a broader market recovery, with Indian equity indices bouncing back strongly. The sector saw 9 gainers and 1 losers, reflecting broad-based buying interest across realty stocks as investor sentiment improved.

• Nifty Services (+2.08%): Sector rose, led by Infosys, TCS and ICICI Bank, supported by a broader market recovery, optimism around quarterly results in IT stocks and buying interest in banking stocks, boosting sentiment across the services segment.

• Nifty Pharma (-0.01%): Sector remained largely unchanged with a marginal decline, dragged by Divi’s Laboratories, Aurobindo Pharma and Laurus Labs, as profit-booking in select pharmaceutical stocks offset gains elsewhere, keeping the sector under mild pressure amid mixed investor sentiment.

Market Insights

• Technical Level: Nifty opened flat and moved slightly lower, finding support near 22,290 before witnessing a sharp recovery. The index continued its upward momentum throughout the session, facing resistance near 22,720 and closing above the previous day’s high, indicating strong buying interest and a bullish shift in market sentiment.

• Advance-Decline Ratio: Market breadth remained positive, with 2,127 stocks advancing against 1,417 declining, resulting in an A/D ratio of 1.50, indicating strong buying interest and broad-based bullish sentiment across the market.

• The Big Picture: The IMF warned that rising debt, sticky inflation, and heavy AI-related borrowing could trigger a disorderly spike in bond yields. Hyperscalers now account for 10% of investment-grade bond issuance, up from under 1% since 2024, a financial stability risk worth watching.

• FII/DII Activity (October 13, 2026): DIIs were net buyers at ₹2,439 crore, while FIIs were net sellers at ₹1,305 crore, indicating strong domestic institutional support that helped offset foreign selling pressure.

Watch Out For Tomorrow

• IPO Corner: Fusion CX IPO is Opening for subscription Tomorrow, making the IPO robust sentiment.

• Macro: China & USA Inflation Rate YoY (Sep) data is scheduled to be released tomorrow.

• Market Watch: For investors, IT earnings have given the market a real reason to rise, which is better than a bounce without a cause. Still, global bond risks haven’t gone away. Stay selective, favour companies delivering solid results, and add gradually instead of chasing the move.

Word of the day

• Bullish Reversal: A bullish reversal occurs when a stock or index changes direction from a downward trend to an upward trend, indicating a potential shift in market sentiment and renewed buying interest.

• Example: Nifty staged a bullish reversal after finding support near 22,290 and rallied to close above the previous day’s high.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• KEC International (-2.00%): Stock declined despite securing new orders worth ₹1,014 crore in its India transmission and distribution business, including its first 765 kV transmission line project for power evacuation from a pumped storage plant in western India. The company’s year-to-date order intake has now exceeded ₹9,600 crore.

• Viviana Power Tech (+3.67%): Stock rose after securing new turnkey contracts worth ₹466.73 crore from existing client Madhya Gujarat Vij Company (MGVCL). The projects involve converting 11 kV overhead HT lines into MVCC lines and developing underground network infrastructure, strengthening the company’s order book and revenue visibility.

• Bajel Projects(-0.63%): Stock fell despite securing an EPC order worth over ₹200 crore from Tata Power Company for the supply and installation of 220 kV gas-insulated switchgear (GIS) substations at Salsette and Powai in Mumbai. The decline came despite the order win, amid broader market weakness and potential profit-booking.

• Blue Dart Express (+0.08%): Stock remained flat after signing an MoU with India Post to expand its delivery network across Tier III and Tier IV towns and remote locations. The partnership aims to strengthen last-mile connectivity for businesses and customers, with the expanded coverage to be rolled out in phases.

Sectoral Performance

• Nifty Media (+4.60%): Sector rose the most today, led by Nazara Technologies, Prime Focus and PVR INOX, as investors showed renewed interest in media and entertainment stocks. The rally also reflected a potential shift towards relatively fairly valued sectors amid selling pressure in PSU and IT stocks.

• Nifty Chemicals (+1.24%): Sector advanced, with 13 gainers and 8 decliners, supported by easing input cost pressures, supply disruptions in Russia and China reshaping global chemical markets, and positive pre-earnings momentum ahead of upcoming quarterly results.

• Nifty FMCG (-1.67%): Sector led sectoral losses amid heavy profit-booking and broad-based selling pressure, with ITC, Hindustan Unilever and Varun Beverages among the major laggards. Weak investor sentiment and concerns over demand growth and margin pressures weighed on FMCG stocks.

• Nifty PSU Bank (-1.18%): Sector declined sharply, with all constituents closing in the red, amid tightening liquidity conditions, rising bond yields and broader market weakness. Higher yields and concerns over funding costs weighed on investor sentiment across public sector banking stocks.

Market Insights

• Technical Level: Nifty opened with a minor gap-up and witnessed high volatility during the session, facing resistance near 22,650. The index moved lower from this level throughout the day, finding support near 22,300, and closed in negative territory amid continued FII selling and elevated Brent crude oil prices, which weighed on market sentiment.

• Advance-Decline Ratio: Market breadth remained nearly balanced, with 1,795 stocks advancing against 1,796 declining, resulting in an A/D ratio of 1.00, indicating mixed market sentiment with a marginal bearish bias.

• The Big Picture: Trump’s deal to resume Russian diesel supplies is meant to ease fuel prices before the US midterms, but limited shipments and damaged refineries may keep the relief small.

• FII/DII Activity (October 09, 2026): DIIs were net buyers at ₹4,743 crore, while FIIs were net sellers at ₹3,569 crore, reflecting strong domestic institutional support despite continued foreign outflows.

Watch Out For Tomorrow

• IPO Corner: HD Fire Protect IPO is Opening for subscription Tomorrow, making the IPO robust sentiment.

• Market Watch: For investors, the market is near multi-year lows, and quality stocks look tempting. But with negative triggers piling up and FIIs still selling, this could be a falling knife. Don’t go big at once. Stick to strong businesses and add in small amounts on each drop.

Word of the day

Order Book

An order book represents the total value of confirmed orders a company has received but not yet executed. It provides insights into future revenue visibility and business growth potential.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• KEC International (+5.79%): Stock rose after securing new orders worth ₹1,030 crore across its transmission and distribution, renewables, and cables and conductors businesses, taking its year-to-date order intake beyond ₹8,600 crore.

• NCC (+4.28%): Stock advanced after receiving a Letter of Acceptance worth ₹1,286.03 crore from Hyderabad Growth Corridor for constructing Radial Road-2 in Telangana, covering the Budwel-to-Shabad stretch.

• Waaree Renewable Technologies (+0.82%): Stock rose marginally after receiving a Letter of Acceptance from a PSU for a 5 MWp grid-connected solar project, including turnkey EPC work and 10 years of operation and maintenance services.

• Hexaware Technologies (+5.30%): Stock rose after announcing a multi-year partnership with Anthropic, becoming a preferred partner in its Claude Partner Network. The collaboration will integrate Claude into its Zerovity and AgentVerse platforms, strengthening its AI capabilities.

Sectoral Performance

• Nifty Metal (+3.02%): Sector declined the most today, with all 14 constituents closing in the red, reflecting broad-based selling pressure amid domestic regulatory changes and global macroeconomic concerns.

• Nifty FMCG (+2.20%): Sector advanced, led by ITC, United Spirits and Varun Beverages, after the GST Council recommended expanding input tax credit (ITC) eligibility for certain business expenses, raising hopes of lower tax costs and improved operational efficiency.

• Nifty PSU Bank (+1.63%): Sector rose, with all constituents trading in the green, supported by improved economic growth expectations after the RBI raised its FY27 GDP growth forecast to 7.1%, boosting sentiment across public sector banks.

• Nifty Oil & Gas (-0.09%): Sector declined the most, hitting a one-year low amid elevated crude oil prices, supply concerns and pressure on oil marketing companies’ margins.

Market Insights

• Technical Level: Nifty opened with a gap-up opening, found support near 22,300 at the start of the session, and moved upward, making higher highs throughout the day. The index faced resistance near 22,580 and closed slightly below this level, ending the session positive overall.

• Advance-Decline Ratio: Market breadth remained positive, with 2,182 stocks advancing against 1,391 declining, resulting in an A/D ratio of 1.57, indicating broader buying interest across the market.

• The Big Picture: Infosys, TCS, Wipro, HCLTech and Cognizant face US labour certification suspensions as the Trump administration tightens immigration rules, raising fresh questions over overseas hiring and the sector’s growth outlook. Yet IT stocks were among the day’s biggest gainers, the market choosing to look past the headline and buy the dip in a beaten-down sector.

• FII/DII Activity (October 08, 2026): DIIs were net buyers at ₹4,743 crore, while FIIs were net sellers at ₹3,569 crore, reflecting strong domestic institutional support despite continued foreign outflows.

Watch Out For Tomorrow

• Market Watch: For investors, a bounce after a sharp fall is normal and doesn’t change the bigger picture. IT’s rally looks more like relief than conviction while visa risks remain unresolved. Stay selective, avoid chasing the rebound, and wait for crude and global cues to settle before adding fresh money.

Word of the day

Gap-Up Opening

A gap-up opening occurs when a stock or index opens at a price significantly higher than its previous day’s closing level, often due to positive news, strong buying interest, or favourable global cues.

Example: Nifty opened with a gap-up and moved higher throughout the session, reflecting positive market sentiment.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• PC Jeweller (+5.78%): Stock rose after consolidated revenue grew 28%, supported by healthy consumer demand. The company also received ₹142 crore from outstanding export debtors and became debt-free after repaying its outstanding debt.

• HCL Technologies (-0.68%): Stock fell despite the company launching its new regional headquarters in Johannesburg, South Africa, featuring an AI Center of Excellence, amid the broader market correction.

• Senco Gold (+5.15%): Stock advanced after Q2 revenue grew 31% YoY, driven by healthy consumer demand, while retail revenue rose 29% and same-store sales grew 19%. Diamond jewellery sales value jumped 40%, supporting the company’s strong quarterly performance.

• Tata Power (-2.75%): Stock fell despite partnering with Norway-based Ocean Sun to bring membrane-based floating solar technology to India and undertaking a 300-kWp pilot project at its Mulshi reservoir in Maharashtra.

Sectoral Performance

• Nifty Metal (-3.55%): Sector declined the most today, with all 14 constituents closing in the red, reflecting broad-based selling pressure amid domestic regulatory changes and global macroeconomic concerns.

• Nifty Realty (-3.16%): Sector declined as rate-sensitive stocks faced selling pressure amid nearly 3% surge in Brent crude, hawkish RBI policy, persistent FII outflows, rising bond yields and a weaker rupee, with Phoenix Mills, Lodha Developers and DLF among the most sold stocks.

• Nifty Energy (-2.82%): Sector declined amid the broader market sell-off, with 1 gainer & 38 losers, reflecting widespread selling pressure as weak investor sentiment and persistent FII outflows weighed on energy stocks

• Nifty Commodities (-2.81%): Sector declined amid the broader market sell-off, with Reliance Industries, a key heavyweight, dragging the index lower, while nearly 3% surge in Brent crude and broad-based selling across commodity stocks added to the pressure.

Market Insights

• Technical Level: Nifty opened with a gap-down opening, facing resistance near 22,600 at the start. The index witnessed a sharp fall throughout the session, making lower lows, and found support near 22,190. Nifty closed near this level, marking a significant decline in today’s session.

• Advance-Decline Ratio: Market breadth remained sharply negative, with 660 stocks advancing against 2,950 declining, resulting in an A/D ratio of 0.22, indicating intense selling pressure across the broader market.

• The Big Picture: Reliance Industries has become the largest buyer of Venezuelan crude outside the US, with 76% of India’s September imports going to its Jamnagar refinery, a sign of how quickly global oil flows are being redrawn under US pressure on India’s Russian purchases.

• FII/DII Activity (October 08, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹10,703 crore, while FIIs net sellers at ₹12,943 crore, reflecting strong domestic support but continued foreign selling pressure.

Watch Out For Tomorrow

• Market Watch: Sensex weekly expiry added fuel to the selling, but the first trigger was the RBI moving away from its “neutral” stance, a shift that told investors the rate-cut hopes they’d been holding onto are fading. Crude made it worse, Brent standing at $104, a level that keeps inflation risks firmly alive, wait for a clear reversal before adding fresh money, and stick to quality names.

Word of the day

Capitulation

Meaning: A sharp wave of selling where investors give up and exit positions, often causing prices to fall rapidly.

In today’s market: The broad-based decline and heavy selling pressure reflected signs of capitulation across the market.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• HCLTech (-1.61%): Stock declined despite the HCL Group’s ₹500 crore IT City expansion and HCLTech’s plan to train 1,000 UP students in AI under its LITMUS programme.

• Godrej Consumer Products (-0.80%): Stock slipped despite the inauguration of its new manufacturing facility in Indonesia, with the company investing around ₹250 crore to boost its local production footprint.

• Titan Company (-3.80%): Stock fell as investors focused on valuation concerns and profit-booking after robust Q2 updates, despite domestic business growing 22%, international business surging 97% and consumer business rising 25% YoY.

• Kanohar Electricals (+15.76%): Stock advanced after Q1 profit surged 140% to ₹27.3 crore from ₹11.4 crore, while revenue jumped 103.5% to ₹137.1 crore from ₹67.4 crore YoY.

Sectoral Performance

• Nifty PSU Bank (+1.00%): Sector gained the most today, supported by strong September business updates and robust credit growth, with PNB, Union Bank and Bank of Maharashtra leading gains. The RBI’s 25-bps repo rate hike to 5.5% further boosted banking sentiment.

• Nifty Media (+0.69%): Sector gained today, supported by 3 stocks gaining and 7 stocks closing lower, reflecting selective buying despite mixed sectoral breadth.

• Nifty Metal (-2.33%): Sector fell sharply as the most losses were seen in Hindalco, Adani Enterprises and JSW Steel, amid softer global metal prices and the RBI’s 25-bps repo rate hike to 5.5%.

• Nifty Realty (-1.77%): Sector fell as higher borrowing costs weighed on sentiment, with 2 gainers & 8 among the major decliners after the RBI raised the repo rate to 5.5%.

Market Insights

• Technical Level: Nifty opened with a gap-down opening and slipped further at the start. After the RBI’s interest-rate move, the index recovered and moved higher, facing resistance near 22,710. It then fell back, found support near 22,550, and moved slightly higher towards the close, but remained negative overall.

• Advance-Decline Ratio: Market breadth remained negative, with 1,549 stocks advancing against 2,043 declining, resulting in an A/D ratio of 0.76, indicating broader selling pressure.

• The Big Picture: The RBI raised the repo rate by 25 bps to 5.50%, its first hike since 2023, and shifted its stance to calibrated tightening as inflation risks increased. The RBI raised FY27 growth forecast to 7.1%, while flagging geopolitical tensions, elevated commodity prices and tightening financial conditions as key risks.

• FII/DII Activity (October 06, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹5,089 crore, while FIIs net sellers at ₹2,961 crore, indicating strong domestic buying despite continued foreign selling pressure.

Watch Out For Tomorrow

• Market Watch: For investors, the RBI’s rate hike changes the near-term mood. Higher borrowing costs and persistent inflation could keep volatility elevated. Stay selective, focus on quality businesses, and don’t chase every dip until the market gets clarity on rates and growth.

Word of the day

Calibrated Tightening

Meaning: A gradual approach of raising interest rates to control inflation without aggressively slowing economic growth.

Market Context: The RBI shifted its stance from Neutral to Calibrated Tightening, signalling that further rate hikes remain possible if inflation stays elevated.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Trent (+12.60%): Stock surged the most today after Q2 revenue rose 23% YoY to ₹5,788 crore, while Zudio crossed 1,000 stores. The company added 10 Westside and 17 Zudio stores, taking its portfolio to 1,342 stores, boosting confidence in its growth outlook.

• Juniper Hotels (+1.09%): Stock advanced after the company entered into a binding MoU with Imagicaaworld Entertainment to acquire the operating Novotel Imagicaa hotel in Khopoli, Maharashtra, for ₹248 crore, expanding its hotel portfolio and strengthening its presence in the leisure hospitality segment.

• Vedanta (+4.14%): Stock rose after the company announced that its board will meet on October 8 to consider the declaration of the first interim dividend for FY27. The record date has been fixed for October 14, if the dividend is declared.

• Kotak Mahindra Bank (+3.82%): Stock advanced after Q2 FY27 business updates showed strong YoY growth, with net advances rising 24.7% to ₹5.77 lakh crore, total deposits increasing 23.2% to ₹6.51 lakh crore, and CASA growing 11.3% to ₹2.49 lakh crore, signalling healthy balance-sheet expansion.

Sectoral Performance

• Nifty India Defence (+1.82%): Sector gained today as defence stocks rallied on fresh order-book momentum and a ₹661.50 crore BrahMos contract signed by the Ministry of Defence for fire control systems and launchers for Indian Navy ships. HAL, Solar Industries & BEL led gains, while the upcoming ₹218 crore Shakti engine facility at HAL’s Koraput unit further supported sector sentiment.

• Nifty Pharma (+1.66%): Sector recovered after three consecutive sessions of decline, gaining alongside the broader market rally, with 15 gainers and 3 losers reflecting broad-based buying across pharmaceutical stocks.

• Nifty IT (-0.59%): Sector declined sharply as investors rotated toward private banks, chemicals and oil & gas, weighing on IT stocks. Infosys, Tech Mahindra and TCS were among the biggest losers, dragging the index lower.

• Nifty Realty (-0.27%): Sector remained under pressure ahead of the RBI’s October 7 policy decision, with investors cautious about the possibility of a 25-bps rate hike and its impact on borrowing costs and housing demand. The index had 5 gainers and 5 losers, reflecting a mixed trend rather than broad-based selling.

Market Insights

• Technical Level: Nifty opened with a minor gap-up, finding support near 22,560 at the start of the session. The index maintained a strong upward trend throughout the day, making higher highs and facing resistance near 22,775, where it closed.

• Advance-Decline Ratio: Market breadth remained strongly positive, with 2,453 stocks advancing against 1,125 declining, resulting in an A/D ratio of 2.18, indicating broad-based buying pressure.

• The Big Picture: Diesel prices could stay elevated through 2027 as recovering demand runs up against constrained refinery capacity, with Goldman Sachs expecting refined-product crack spreads to stay well above historical averages, keeping fuel markets under pressure even as crude itself stabilises.

• FII/DII Activity (October 05, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹5,182 crore, while FIIs net sellers at ₹4,699 crore, indicating strong domestic buying despite continued foreign selling pressure.

Watch Out For Tomorrow

• IPO Corner: RK fashion SME IPO is closing for subscriptionTomorrow, making the IPO robust sentiment.

• Macro: USA FOMC Minutes data is scheduled to be released tomorrow.

• Market Watch: For investors, two straight days of gains feels good, but it isn’t a comeback. With fewer global shocks hitting the tape lately, the market is simply breathing easier after a long correction. Stay selective, pick quality over momentum, and don’t mistake this calm for a new rally.

Word of the day

Liquidity

Meaning: Liquidity refers to how easily an asset can be bought or sold in the market without causing a significant change in its price.

Example: Stocks with high trading volumes generally have better liquidity, making it easier for investors to enter or exit positions.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Highway Infrastructure(+5.40%): Stock rose after the company secured a ₹220.66 crore contract from UPEIDA for user-fee collection and toll plaza operations at the Gorakhpur Link Expressway. Additionally, the company received a ₹24.46 crore LoA from NHAI for operations at Velanchettiyur Fee Plaza in Tamil Nadu, strengthening its order book and revenue visibility.

• Infosys (+4.11%): Stock rose after ABN AMRO Bank expanded its strategic partnership with Infosys to accelerate AI-led transformation, with the IT major set to provide application development, testing and support services to modernise the bank’s technology infrastructure, improve operational efficiency and enhance scalability.

• Indian Railway Finance Corporation(-2.80%): Stock declined after the company received a ₹396.9 crore Show Cause Notice (SCN) from the Joint Commissioner of State Tax, Hajipur, Bihar, relating to FY23, raising concerns over potential tax liabilities.

• Bajaj Auto (-7.62%): Stock declined sharply after the company’s September sales missed estimates, with total sales at 5.38 lakh units, raising concerns over near-term demand and weighing on investor sentiment.

Sectoral Performance

• Nifty IT (+2.17%): Sector rose the most today despite broader market weakness, supported by buying ahead of Q2 FY27 results, with Infosys, Coforge & TCS leading the gains, while Oracle Financial Services Software was the lone laggard.

• Nifty Private Bank (+0.01%): Sector remained flat, with 4 gainers & 6 losers, as gains in Kotak Mahindra Bank following RBI approval of Anup Kumar Saha as MD & CEO were offset by weakness across other private lenders. HDFC Bank remained in focus ahead of its board meeting on October 17, 2026, to approve Q2 FY27 results.

• Nifty Auto (-3.46%): Sector fell sharply today and was the worst-performing sectoral index after September auto sales missed expectations, triggering broad selling across automobile stocks. Bajaj Auto, M&M & Maruti Suzuki were among the major losers, while Hyundai Motor India bucked the trend after reporting sales above estimates.

• Nifty Metal (-2.35%): Sector came under pressure amid rising US Treasury yields and a stronger US dollar, which weighed on dollar-denominated metal prices. FII outflows and broader market weakness further pressured cyclical metal stocks, keeping sentiment weak across the sector.

Market Insights

• Technical Level: Nifty opened with a minor gap down and faced resistance near 22,610, before trading in a range during the first half. The index witnessed a sharp decline in the second half, finding support near 22,220 and seeing a reversal from that level. Overall, the index closed on a negative note.

• Advance-Decline Ratio: Market breadth remained strongly negative, with 1,022 stocks advancing against 2,572 declining, resulting in an A/D ratio of 0.40, indicating significantly higher selling pressure.

• The Big Picture: The SEC approved proposals expanding accredited-investor eligibility, widening access to private equity and credit for individual investors, though liquidity and investor-protection concerns remain, a structural shift in US markets worth watching even if its impact on India stays indirect for now.

• FII/DII Activity (September 30, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹11,272 crore, while FIIs net sellers at ₹10,148 crore, indicating strong domestic buying amid continued foreign selling pressure.

Watch Out For Tomorrow

• Market Watch: For investors, three fronts are live at once, crude above $100, fresh escalation in Ukraine, and expiry-driven volatility distorting the day’s real signal. Stay cautious, don’t read today’s swings as a trend, and wait for at least one of these situations to show clear direction before committing fresh capital.

Word of the day

Consolidation

Meaning: A period when an asset or market moves within a relatively narrow range after a strong move, as buyers and sellers remain balanced.

In the market: “Nifty remained in consolidation as investors awaited fresh cues on crude prices and geopolitical developments.”

Synonyms: Stabilisation, sideways movement, pause, range-bound trading.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Power Mech Projects (+3.89%): Stock rose after the company secured a ₹549.37 crore order from the Adani Group to provide complete operation and maintenance services for the 2x600 MW Moxie Power Generation Tuticorin Thermal Power Project, strengthening its order book and revenue visibility.

• Prestige Estates Projects (+4.54%): Stock rose after the company completed two residential projects in Hyderabad, delivering 1,047 homes, while CPP Investments announced a ₹3,000 crore investment in Prestige Hospitality Ventures, acquiring an approximately 27% stake and strengthening the company’s hospitality business.

• STL Networks (-0.99%): Stock declined despite emerging as the L1 bidder for a ₹249.8 crore order from RailTel Corporation of India to deploy cloud infrastructure at RailTel’s Data Center and Disaster Recovery Site, amid broader sector weakness.

• Fortis Healthcare (-6.33%): Stock fell after Supreme Court concerns over wide PTR-MRP gaps in essential medicines raised pricing concerns, particularly at corporate hospital pharmacies, weighing on investor sentiment.

Sectoral Performance

• Nifty Media (+2.74%): Sector rose the most today, supported by festive-season advertising expectations, consolidation in media stocks and historically attractive valuations, with Sun TV Network, PVR INOX & Nazara Technologies leading the gains. Sun TV Network surged strongly during the session, while improving advertising activity ahead of the festive period supported sentiment across media and entertainment stocks.

• Nifty Realty (+1.62%): Sector rose amid strong housing demand, healthy premium housing sales and expectations of stable-to-easing interest rates, with structural urbanisation trends and strong operational updates supporting sentiment. DLF, Lodha Developers & Anant Raj led the gains.

• Nifty Healthcare (-2.57%): Sector came under pressure after Supreme Court remarks on the commercialisation of private healthcare and high medicine mark-ups raised concerns over pricing practices, while profit-booking after the sector’s recent run added to the selling pressure. Sun Pharma, Apollo Hospitals & Max Healthcare were among the major losers.

• Nifty Pharma (-1.84%): Pharma stocks declined alongside the broader healthcare sell-off, with 2 gainers & 17 losers, as profit-booking and concerns over pricing practices in private healthcare weighed on sentiment.

Market Insights

• Technical Level: Nifty opened flat and moved higher in the early session before facing resistance near 22,810. The index then witnessed a sharp decline through the second half, falling toward 22,600 support and closing near the day’s lows, turning negative despite the positive start.

• Advance-Decline Ratio: Market breadth remained slightly negative, with 1,740 stocks advancing against 1,812 declining, resulting in an A/D ratio of 0.96, indicating marginally higher selling pressure.

• The Big Picture: Geopolitics stayed unresolved on two fronts. Russia intensified attacks on Kyiv, targeting communications and data-centre infrastructure, while NATO condemned Moscow’s nuclear rhetoric, keeping European tensions elevated. On Iran, Trump denied offering sanctions relief even as Tehran received a US proposal following Qatar-mediated talks, uncertainty keeping Brent near $97.

• FII/DII Activity (September 30, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹11,272 crore, while FIIs net sellers at ₹10,148 crore, indicating strong domestic buying amid continued foreign selling pressure.

Watch Out For Tomorrow

• Market Watch: For investors, the current market setup looks more like consolidation than strong directional conviction. Stay selective, avoid chasing hospital stocks amid ongoing news flow, and closely monitor Iran talks, as developments could influence crude prices, inflation expectations and broader market sentiment.

Word of the day

Consolidation

Meaning: A period when an asset or market moves within a relatively narrow range after a strong move, as buyers and sellers remain balanced.

In the market: “Nifty remained in consolidation as investors awaited fresh cues on crude prices and geopolitical developments.”

Synonyms: Stabilisation, sideways movement, pause, range-bound trading.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Ellenbarrie Industrial Gases (+2.87%): Stock rose after the company secured a ₹481 crore contract from BHEL to supply and erect a 1,200 TPD cryogenic Air Separation Unit for its Odisha coal-to-ammonium nitrate project, boosting order visibility.

• Pidilite Industries (-2.79%): Stock fell amid broader market weakness, with the partnership announcement having limited immediate earnings visibility as financial terms were not disclosed. The company has partnered with Hwaseung Chemical to introduce advanced footwear adhesive technologies in India.

• HCL Technologies (-2.44%): Stock declined despite HCLSoftware announcing the acquisition of Croatia-based Robotiq.ai for €9 million, as the broader IT sector remained under pressure amid concerns over subdued growth and AI-driven pricing pressures.

• NCC (-1.55%): Stock declined amid the broader market sell-off, as weak investor sentiment and profit booking in infrastructure stocks outweighed the positive impact of the company securing a ₹1,076.71 crore drinking water supply order from the Andhra Pradesh government.

Sectoral Performance

• Nifty Metal (+0.78%): The index gained amid renewed buying in metal stocks, supported by firm commodity prices and improved demand expectations, with Vedanta, Tata Steel & Lloyds Metals leading the gains.

• Nifty Pharma (+0.64%): The index rebounded from the previous session’s fall, with 12 gainers & 6 losers, as renewed buying emerged in pharma stocks and the sector benefited from a relatively defensive positioning amid broader market weakness. Positive sentiment following the US tariff exemption for select specialty drugs imported from India also supported the sector.

• Nifty Consumer Durables (-2.71%): Consumer durables shares declined for the second consecutive trading session, with 2 gainers & 13 losers, amid broad-based market selling and a risk-off mood as rising crude prices and elevated US bond yields weighed on investor sentiment.

• Nifty Realty (-2.31%): Realty shares declined for the second consecutive trading session, with Prestige Estates, Oberoi Realty & DLF among the major losers, as investors booked profits amid weak broader market sentiment and concerns over demand.

Market Insights

• Technical Level: Nifty opened with a minor gap-down and faced sharp selling pressure, with resistance near 22,750 at the start of the session. The index fell toward support near 22,570, before staging a rebound toward the day’s resistance level, but closed below it, keeping the overall trend negative.

• Advance-Decline Ratio: Market breadth remained positive, with 1,924 stocks advancing against 1,592 declining, resulting in an A/D ratio of 1.21, indicating broader buying interest.

• The Big Picture: Diplomacy resumed quietly. US-Iran talks continued through mediators as Middle East crude exports recovered, easing some supply concerns, though Strait of Hormuz disruptions and elevated diesel prices kept oil-market risks far from resolved.

• FII/DII Activity (September 28, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹5,189 crore, while FIIs were net sellers at ₹5,353 crore, indicating strong domestic buying but continued foreign selling pressure.

Watch Out For Tomorrow

• IPO Corner: SRIT India & Shah Investor’s Home IPO is closing for subscriptionTomorrow, making the IPO robust sentiment.

• Macro: China NBS Manufacturing PMI (Sep) & GDP Growth Rate QoQ Final (Q2) data is scheduled to be released tomorrow.

• Market Watch: Today’s expiry-driven weakness appeared largely technical, with negative market breadth reflecting broader selling pressure. The market continues to watch Iran mediation talks closely, as any meaningful progress could ease crude oil concerns and provide some relief to Indian equities.

Word of the day

Volatility

Meaning: The degree to which the price of an asset or market moves up and down over a period.

In simple words: How sharply and frequently prices change.

Example: “Rising crude prices and geopolitical tensions increased market volatility today.”

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• R Systems International (+12.60%): Stock advanced after the company announced a second interim dividend of ₹8 per share for 2026, with October 1 set as the record date.

• Godrej Industries (-1.78%): Stock declined amid the broader market sell-off, despite the company announcing an additional ₹335 crore investment in Godrej Investment, which holds stakes in Godrej Capital and Godrej Wealth & Asset Management.

• Rashtriya Chemicals & Fertilizers (+1.26%): Stock rose after the company approved a ₹797 crore order to Larsen & Toubro for revamping its ammonia plant at Thal, aimed at reducing specific energy consumption and improving operational efficiency.

• Prestige Estates Projects (-0.47%): Stock declined after subsidiary Prestige Hospitality Ventures withdrew its DRHP for a proposed IPO, citing strategic considerations and uncertain market conditions. The move weighed on sentiment, although the subsidiary may consider a fresh filing in the future.

Sectoral Performance

• Nifty PSU Bank (-3.24%): The index declined the most today amid broad-based selling, as rising crude prices, higher bond yields and concerns over inflation and a potential RBI rate hike weighed on sentiment, with SBI, Bank of Baroda & Canara Bank among the major losers.

• Nifty Realty (-2.12%): The index declined amid broad-based market selling, as rising crude prices, elevated US bond yields and weak global cues pressured investor sentiment, with all constituents trading in the red.

• Nifty Oil & Gas (-1.86%): The index declined amid broad-based market selling as renewed US-Iran tensions pushed Brent crude higher, raising concerns over input costs and margins, with Reliance Industries, ONGC & BPCL among the major losers.

• Nifty Metal (-1.78%): The index declined amid broad-based market selling, as rising crude prices and weak global cues weighed on investor sentiment. All constituents traded in the red.

Market Insights

• Technical Level: Nifty opened with a gap-up, but a sharp sell-off in the first half pushed the index down more than 1%. The index faced resistance near 23,080 and continued to decline toward the close, finding support near 22,760.

• Advance-Decline Ratio: Market breadth remained positive, with 1,924 stocks advancing against 1,592 declining, resulting in an A/D ratio of 1.21, indicating broader buying interest.

• The Big Picture: Iran rejected Trump’s peace plan over the weekend. That single development undid everything last week’s diplomacy had built. Brent climbed back above $105, yields stayed above 5.20%, and the rupee came under fresh pressure.

• FII/DII Activity (September 28, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹5,189 crore, while FIIs were net sellers at ₹5,353 crore, indicating continued foreign selling pressure despite strong domestic buying support.

Watch Out For Tomorrow

• IPO Corner: AceVector, German Green Steel & Power IPO is closing for subscription on Monday, making the IPO robust sentiment.

• Macro: USA President Trump and President Xi Summit & UN General Assembly data is scheduled to be released tomorrow.

• Market Watch: Nifty and Bank Nifty monthly expiry could amplify volatility as the market remains under pressure. With 23,000 breached, the next key level to watch is 22,500. Investors will closely track crude oil prices, Iran-related developments, FII selling and global cues for further direction and sentiment.

Word of the day

Volatility

Meaning: The degree to which the price of an asset or market moves sharply and frequently over a period.

In simple words: Higher volatility means bigger and faster price swings.

Example: “Nifty may see higher volatility during the monthly expiry due to heightened selling pressure and global uncertainty.”

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Waaree Energies (+0.52%): Shares traded in positive territory after its subsidiary Waaree Clean Energy Solutions announced entry into India’s specialty gases business, targeting semiconductor and solar cell manufacturers.

• L&T Technology Services (-0.09%): Shares remained flat after the company announced a strategic partnership with Cognite to develop industrial AI and data solutions for asset-intensive industries.

• LCC Projects (+3.41%): Shares advanced after the company emerged as the L-1 bidder for the ₹653.34 crore Chhoti Kalisindh Medium Irrigation Project in Rajasthan, boosting its order-book visibility.

• Sterlite Technologies (+1.63%): Shares rose after the company expanded its Neuralis Data Center portfolio with high-density pre-terminated fiber trunk assemblies, targeting rising AI, cloud and HPC-driven bandwidth demand.

Sectoral Performance

• Nifty Consumer Durables (+0.95%): The index advanced after gaining in the previous two sessions, supported by continued buying interest, with Titan Company, Blue Star & Whirlpool of India among the key gainers.

• Nifty Realty (+0.92%): The index advanced with 7 gainers & 3 losers, supported by improving housing demand and a positive outlook for residential sales.

• Nifty Healthcare (-0.47%): The index declined amid profit booking in hospital stocks, with Max Healthcare Institute & Fortis Healthcare among the major losers, weighing on overall sector performance.

• Nifty Media (-0.23%): The index declined with 4 gainers & 6 losers, dragged by weakness in select media stocks amid broader market pressure and profit booking.

Market Insights

• Technical Level: Nifty opened with a minor gap-down and traded in a narrow range with rapid price movements. The index formed support near 23,020 before staging an upside rally toward the close, facing resistance near 23,160.

• Advance-Decline Ratio: Market breadth remained positive, with 1,924 stocks advancing against 1,592 declining, resulting in an A/D ratio of 1.21, indicating broader buying interest.

• The Big Picture: Iran put the most concrete offer on the table since the conflict began. Hormuz reopening within seven days in exchange for Washington meeting certain conditions. That is a specific timeline, not just diplomatic language. For crude, for the rupee, and for India’s entire macro picture, a genuine Hormuz reopening would be the single most consequential development of this year. Markets moved accordingly.

• FII/DII Activity (September 24, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹4,301 crore, while FIIs were net sellers at ₹5,027 crore, indicating continued foreign selling pressure despite domestic buying support.

Watch Out For Tomorrow

• IPO Corner: A-One Steels & Moneyview IPO is closing for subscription on Monday, making the IPO robust sentiment.

• Macro: USA President Trump and President Xi Summit & UN General Assembly data is scheduled to be released tomorrow.

• Market Watch: This week highlighted how quickly market sentiment can shift. Thursday’s broad-based sell-off gave way to Friday’s relief after diplomatic developments. Iran’s seven-day offer and the status of the Strait of Hormuz will remain key factors next week, with any reopening potentially easing geopolitical and crude-oil concerns.

Word of the day

Risk Premium

Meaning: The additional return investors demand for taking on higher risk compared with a relatively safer investment.

Market Context: When geopolitical or economic uncertainty rises, investors may demand a higher risk premium, which can pressure equity valuations.

Example: “Rising geopolitical tensions increased the risk premium on emerging-market equities.”

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Avantel (+6.27%): Shares advanced after the company received a ₹177.35 crore order from Zetwerk Manufacturing Businesses for the supply of satellite communication equipment, supporting its order book and revenue visibility.

• Bharat Dynamics (-0.52%): Shares declined amid the broader market correction, despite the company signing an ₹810.79 crore contract with the Ministry of Defence for the supply of SAT-SAAW and associated equipment to the IAF.

• Exide Industries (+0.14%): Shares remained unchanged despite its subsidiary Exide Energy Solutions completing the commissioning of Phase-I of its lithium-ion cell manufacturing facility in Bengaluru.

• Concord Biotech (-5.22%): Shares declined despite the Board approving a 1:1 bonus share issue, under which shareholders will receive one bonus equity share for every one share held, subject to shareholder approval.

Sectoral Performance

• Nifty Financial Services (-2.39%): The index declined amid regulatory concerns after IRDAI proposed sweeping changes to insurance distribution commissions, weighing on the broader financial space, with Bajaj Finance, Axis Bank & HDFC Bank among the major losers.

• Nifty Private Bank (-2.19%): The index declined amid broad-based selling, with all constituents trading in the red, reflecting widespread weakness across private-sector lenders and weighing on overall financial market sentiment.

• Nifty Metal (-1.96%): The index declined sharply amid a global market sell-off, as rising US bond yields, higher crude oil prices and heavy FII outflows weighed on commodity stocks, with Adani Enterprises, Hindalco & JSW Steel among the major losers.

• Nifty Consumption (-1.67%): The index declined amid a broader market sell-off, as rising crude oil prices and elevated US Treasury yields weighed on investor sentiment, with Bharti Airtel, Eternal & M&M among the major losers.

Market Insights

• Technical Level: Nifty opened with a sharp gap-down, pressured by concerns over proposed IRDAI changes to insurance distribution commissions, rising US bond yields, higher crude oil prices and heavy FII outflows. The index faced resistance near 23,280 and witnessed continuous selling through the session, finding support near 23,050 toward the close.

• Advance-Decline Ratio: Market breadth remained weak, with 942 stocks advancing against 2,586 declining, resulting in an A/D ratio of 0.36, indicating broad-based selling pressure.

• The Big Picture: The US 10-year Treasury yield crossed 5.1%, while the 30-year yield touched 5.44%, reaching levels not seen in nearly two decades. Rising risk-free returns can pressure equity valuations and trigger capital outflows from emerging markets, adding to the selling pressure in Indian equities.

• FII/DII Activity (September 23, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹2,341 crore, while FIIs were net sellers at ₹1,617 crore, indicating domestic buying support amid continued foreign outflows.

Watch Out For Tomorrow

• IPO Corner: ArMee Infotech, Swastika Infra & Elevate campuses IPO is closing for subscription tomorrow, making the IPO robust sentiment.

• Macro: USA President Trump and President Xi Summit & UN General Assembly data is scheduled to be released tomorrow.

• Market Watch: Nifty stands at a crucial support zone, with a break below this level potentially opening the way toward 22,800. Immediate resistance is seen near 23,280. With crude, US yields, inflation and regulatory concerns weighing on sentiment, traders will closely watch whether Nifty holds support or resumes its decline.

Word of the day

Stagflation

Meaning: A situation where inflation remains high while economic growth slows, creating pressure on consumers, businesses and financial markets.

Why today: Rising crude prices are adding inflationary pressure, while elevated bond yields and market weakness are increasing concerns about growth.

Market Context: “Higher oil prices and rising yields have renewed stagflation concerns for investors.”

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Whirlpool of India (+20.00%): Shares hit the upper circuit after reports that promoter Whirlpool Mauritius plans to sell its entire 39.76% stake, with potential buyers including large investors and a major consumer durables MNC.

• PC Jeweller (+6.55%): Shares rose after the company cleared over 96% of its total outstanding debt with consortium banks, moving closer to achieving a completely debt-free status.

• Prime Focus (-5.68%): Shares declined after the company agreed to divest controlling voting rights in Brahma AI, reducing its voting stake to 24.99% while retaining a 65.67% economic interest following Multiples PE’s USD 100 million investment.

• Pine Labs (+4.70%): Shares rose despite reports that Mastercard Asia/Pacific may sell its entire 4.3% stake in the company through a block deal at a floor price of ₹179.50 per share.

Sectoral Performance

• Nifty Metal (+2.40%): The index advanced, led by SAIL, Tata Steel, Hindalco & JSW Steel, amid firm domestic steel prices, improving demand and positive earnings expectations.

• Nifty FMCG (+1.32%): The index advanced in a positive market session, supported by broad-based buying, with 14 gainers & 1 loser, extending its recent recovery after a prolonged yearly correction.

• Nifty IT (-0.87%): The index declined amid continued selling in high-growth stocks, elevated US Treasury yields and cautious Q2FY27 demand outlook, with Infosys, HCL Tech, Persistent & TCS among major losers.

• Nifty Media (-0.50%): The index declined despite 6 gainers & 4 losers, as broader market weakness and profit booking weighed on the sector, even as gains in select media stocks limited the downside.

Market Insights

• Technical Level: Nifty opened with a minor gap-up and consolidated in a range, forming support near 23,350. The index reversed from this level and moved higher until the start of the second half, facing resistance near 23,460, before trading in a range toward the close. Overall, Nifty ended in positive territory.

• Advance-Decline Ratio: Market breadth remained positive, with 2,344 stocks advancing against 1,232 declining, resulting in an A/D ratio of 1.90, indicating broad-based buying support.

• The Big Picture: Trump confirmed that US officials held a 3 hour meeting with Iran’s delegation at the UN General Assembly and called it “very good.” Iran reportedly offered to reopen the Strait of Hormuz within a week if certain conditions are met. Markets did not wait for the fine print. Brent fell for the 6th consecutive session. That 6 session slide has taken crude from above $107 to below $100. For India, that move alone changes the inflation calculus, the rate outlook, and the current account picture.

• FII/DII Activity (September 22, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹4,120 crore, while FIIs were net sellers at ₹3,810 crore, indicating strong domestic buying support despite continued foreign outflows.

Watch Out For Tomorrow

• IPO Corner: Varmora Granito IPO is closing for subscription tomorrow, making the IPO robust sentiment.

• Macro: USA President Trump and President Xi Summit & UN General Assembly data is scheduled to be released tomorrow.

• Market Watch: Nifty heads into tomorrow with 23,500 as the key resistance and 23,350 as crucial support. Global cues will remain in focus, with crude oil movements, the Trump-Xi summit and geopolitical developments likely to influence sentiment, while FII-DII activity could add volatility and shape the market’s next move.

Word of the day

Risk-On

Risk-on refers to a market environment where investors become more confident and shift money toward equities and other higher-risk assets, often driven by improving economic expectations, easing geopolitical tensions or stronger global cues.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Pace Digitek (+8.32%): Shares advanced after its subsidiary Lineage Power (LPPL) secured a ₹488.46 crore order from NTPC GE Power Services for a BESS project at Barh STPP (NTPC Stages I & II).

• Garden Reach Shipbuilders & Engineers (+1.16%): Shares rose after the Board approved a ₹2,896 crore capital outlay for a greenfield shipyard at Raichak, aimed at expanding its naval and commercial shipbuilding capacity.

• Waaree Energies (-0.17%): Shares remained unchanged after the company received an order from a leading solar developer for the supply of 2 GW of solar modules.

• Pine Labs (+2.00%): Shares rose despite reports that Mastercard Asia/Pacific may sell its entire 4.3% stake in the company through a block deal at a floor price of ₹179.50 per share.

Sectoral Performance

• Nifty Media (+1.21%): The index advanced as investors shifted away from heavyweight IT stocks amid a sharp sell-off, with buying interest moving toward relatively undervalued pockets, led by Sun TV Network, Prime Focus & Saregama India.

• Nifty Realty (+0.90%): The index advanced for the fifth consecutive session, supported by sustained buying interest across realty stocks and expectations of strong housing demand, with 9 gainers & 1 loser.

• Nifty IT (-0.86%): The index emerged as the worst-performing sector, extending its decline for the third consecutive session as elevated US yields, muted discretionary tech spending and cautious demand commentary weighed on sentiment. LTM, Infosys and TCS were among the major losers. CLSA also flagged subdued demand and earnings downside risks for the sector amid geopolitics, higher rates and inflation.

• Nifty Consumer Durables (-0.64%): The index declined amid broad-based profit booking and selling pressure across consumer durable stocks, with 2 gainers & 13 losers, as investors remained cautious following recent gains.

  

Market Insights

• Technical Level: Nifty opened with a gap-up but traded in a narrow range, facing resistance near 23,490 before falling sharply toward the start of the second half. The index found support around 23,490 and recovered marginally, but remained in negative territory overall.

• Advance-Decline Ratio: Market breadth remained negative, with 1,677 stocks advancing against 1,867 declining, resulting in an A/D ratio of 0.90, indicating broader selling pressure.

• The Big Picture: Global sentiment improved as Strait of Hormuz crude and LNG flows reached a six-month high, while Saudi Arabia resumed exports through the waterway, helping Brent fall for the fourth consecutive session from above $107 to around $98. Diplomatic signals also strengthened, with Trump indicating the Iran war could end soon and potential talks with Iran, while the upcoming Trump-Xi summit could offer further clarity on US-China trade relations.

• FII/DII Activity (September 21, 2026): Institutional flows remained mixed, with DIIs net buyers at ₹2,797 crore, while FIIs were net sellers at ₹576 crore, indicating stronger domestic buying support despite continued foreign outflows.

Watch Out For Tomorrow

• IPO Corner: Varmora Granito IPO is open for subscription today, making the IPO robust sentiment.

• Macro: India HSBC Manufacturing PMI Flash (Sep) & HSBC Services PMI Flash (Sep) data is scheduled to be released tomorrow.

• Market Watch: Markets remained slightly negative as expiry-day volatility and lingering caution after last week’s rate hike kept buyers on the sidelines. However, easing crude prices and improving geopolitical signals suggest that macro conditions are becoming more supportive, providing signs of stabilisation rather than a clear rally.

Word of the day

Stabilisation: A phase when a falling or volatile market begins to find support and shows signs of holding at current levels, even without a strong recovery.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Wipro (+0.26): Shares rallied after the company launched Wipro STO360, a solution developed with Aramco and SAP to modernise and streamline shutdown, turnaround and outage management for asset-intensive organisations.

• GPT Infraprojects (+3.56%): Shares rose after the company secured a ₹483.72 crore order from Rail Vikas Nigam for construction of a railway bridge over the Mahanadi River, linked to the third and fourth railway lines between Nergundi and Barang.

• Petronet LNG (+3.23%): Shares advanced after the company approved a 50:50 JV with Gruner Renewable Energy to establish 10 CBG plants across India, with a combined capacity of 180 MT/day and an estimated capital outlay of ₹1,200 crore.

• Bharat Electronics (-0.54%): Shares fell despite the company securing additional orders worth ₹648 crore since August 26, including laser-based IR jammers, communication equipment, cybersecurity solutions, thermal imagers and AI-based software solutions.

Sectoral Performance

• Nifty Metal (+1.51%): The index advanced for the third consecutive session, extending its rebound after the recent fall, led by Adani Enterprises, Welspun Corp and APL Apollo Tubes.

• Nifty Media (+1.34%): The index advanced for the third consecutive session, extending its recent gains and supporting broader market sentiment, with 7 gainers & 3 losers as buying interest remained visible across media stocks.

• Nifty IT (-1.03%): The index declined the most among sectoral indices amid continued selling pressure in IT stocks following the US Fed rate hike and concerns over higher interest rates, with TCS, Infosys and Tech Mahindra among the major losers.

• Nifty Consumer Durables (-0.43%): The index declined amid profit booking and selective selling in consumer durable stocks, with 7 gainers & 8 losers, as cautious sentiment persisted despite softer crude prices and a broader market rebound.

Market Insights

• Technical Level: Nifty opened with a gap-up, but moved lower after the opening, finding support near 23,290. The index then recovered from this level, forming higher highs and testing resistance around 23,390, before easing slightly to close in positive territory.

• Advance-Decline Ratio: Market breadth remained positive, with 2,262 stocks advancing against 1,279 declining, resulting in an A/D ratio of 1.77, indicating broader buying interest.

• The Big Picture: Crude did the heavy lifting. Saudi Arabia secured alternative shipping routes through Oman, easing supply fears for the third straight session. For India, falling crude matters more than almost any other single variable. Three sessions of easing is a trend worth watching

• FII/DII Activity (September 16, 2026): Institutional flows remained positive, with DIIs net buyers at ₹1,020 crore and FIIs net buyers at ₹599 crore, indicating buying support from both domestic and foreign investors.

Watch Out For Tomorrow

• IPO Corner: NSE & Sonaselection Limited IPO is closing on Monday, making the IPO robust sentiment.

• Macro: UK S&P Global Services PMI Flash (Sep) data is scheduled to be released on Monday.

• Market Watch: For investors, the week ends on a stronger note than it began. Crude prices have eased, the rupee has stabilised, and market breadth has improved, signalling a shift in near-term sentiment. The recovery is encouraging, but it is still too early to call it a trend reversal. Three sessions of gains can improve sentiment, but they do not erase five weeks of weakness. Stay constructive, but measured.

Word of the day

Rebound

Meaning: A recovery in the price of a stock, index, or market after a period of decline.

Market Context: Nifty staged a rebound after recent weakness, supported by improving market breadth and buying interest across key sectors.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Fortis Healthcare (+0.89%): Shares gained after the company signed definitive agreements with Seth Sunder Lal Jain Charitable Eye Hospital to provide healthcare services at a 400+ bed super-specialty hospital in Ashok Vihar, New Delhi, expected to commence operations in three to four years.

• Mazagon Dock Shipbuilders (-0.98%): Shares fell despite the company signing an MoU with NSHIPML to participate as the Anchor Shipyard in the proposed Greenfield Shipbuilding Industrial Cluster at Dighi, Maharashtra, with an envisaged annual capacity of at least 1.2 million gross tonnage.

• Highway Infrastructure (-1.73%): Shares declined despite the company receiving an order worth ₹220.66 crore from the Uttar Pradesh Expressways Industrial Development Authority for toll collection, plaza operations and safety services on the Gorakhpur Link Expressway.

• Infosys (-0.31%): Shares declined marginally after the company announced the expansion of its Indore Development Center, aimed at strengthening capabilities in AI, cloud, cybersecurity and next-generation digital services.

Sectoral Performance

• Nifty Pharma (+1.66%): The index snapped a five-session losing streak, supported by broader market strength and buying interest in Dr. Reddy’s Laboratories, Divi’s Laboratories and Laurus Labs.

• Nifty India Defence (+1.56%): The index gained as investors stepped in for value buying, with 14 gainers & 4 losers, while defence stocks remained in focus amid sustained interest in the sector’s long-term growth prospects.

• Nifty Private Bank (-0.42%): The index closed lower amid broader market caution following the US Federal Reserve rate hike, with HDFC Bank, ICICI Bank and Federal Bank among the major losers as foreign outflows, currency movements and interest-rate concerns weighed on financial stocks.

• Nifty PSU Bank (-0.16%): The index remained subdued amid broader market caution following the US Federal Reserve rate hike, with 6 gainers & 6 losers, reflecting a mixed trend across PSU banking stocks.

Market Insights

• Technical Level: Nifty opened on a flat note and found support around 23,200 at the start of the session. It then moved higher, forming a day’s high near 23,360, which acted as resistance. The index eased marginally from the high before closing in positive territory.

• Advance-Decline Ratio: Market breadth remained positive, with 2,262 stocks advancing against 1,279 declining, resulting in an A/D ratio of 1.77, indicating broader buying interest.

• The Big Picture: The Fed raised rates by 25 bps, its first hike in over three years, as sticky inflation and elevated oil prices kept policymakers on guard, with officials signalling the possibility of another hike later this year. The move was largely priced in, keeping the impact on Indian markets manageable, and Asian shares edged higher as the decision eased a global bond selloff that had sent long-term yields soaring.

• FII/DII Activity (September 16, 2026): Institutional flows remained mixed, with DIIs as net buyers at ₹3,908 crore, while FIIs were net sellers at ₹2,032 crore, indicating strong domestic buying amid continued foreign selling.

Watch Out For Tomorrow

• IPO Corner: NSE IPO is Opened for subscription today & Hero Motors is closing tomorrow, making the IPO robust sentiment.

• Macro: Japan Inflation Rate YoY (Aug) & BoJ Interest Rate Decision data is scheduled to be released tonight.

• Market Watch: For investors, the immediate Fed event risk has now passed, allowing market attention to shift toward the upcoming NSE listing. With sentiment likely to remain event-driven, investors may focus on stock-specific opportunities, monitor volatility closely and consider building positions gradually rather than chasing sharp market rallies.

Word of the day

Volatility

Meaning: The degree to which the price of a stock or market moves up or down over a period.

In Markets: Higher volatility means larger and faster price movements, while lower volatility indicates relatively stable price action.

Example: “The market witnessed high volatility ahead of the Fed’s policy decision.”

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Saatvik Green Energy (-6.08%): Shares gained after the company received an order worth ₹1,041.63 crore from Solar Energy Corporation of India (SECI) for the supply of solar PV modules.

• Sonata Software (-1.56%): Shares fell despite the company signing a five-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to accelerate cloud adoption and modernisation for enterprises across India.

• NBCC (+0.89%): Shares rose marginally after the company received work orders worth ₹144.98 crore from NEEPCO, SAIL, Damodar Valley Corporation and the Enforcement Directorate, Bhubaneswar.

• Bharat Heavy Electricals (-0.54%): Shares fell marginally despite the company announcing a 50:50 joint venture with Titagarh Rail Systems for the comprehensive maintenance of Vande Bharat Sleeper Trainsets for 35 years.

Sectoral Performance

• Nifty FMCG (+1.63%): The index rose sharply and snapped a four-session losing streak, led by ITC, HUL and Nestlé India, as buying returned to frontline FMCG stocks.

• Nifty PSU Bank (+1.44%): The index rose after declining for two consecutive sessions, with 8 gainers & 4 losers, supported by buying interest across select PSU banking counters as crude oil prices paused their recent rally.

• Nifty IT (-1.58%): The index declined sharply, with all constituents trading in the red, as investors booked profits after recent gains.

• Nifty Pharma (-0.16%): The index declined amid broad-based profit booking, with Laurus Labs, Gland Pharma and Biocon among the major losers, while elevated crude prices and broader market caution weighed on sentiment.

Market Insights

• Technical Level: The index opened with a gap-up, moved lower initially and found support around 23,120. It then rebounded, moving higher and facing resistance near 23,285, before trading in a range. Overall, the index closed in the green.

• Advance-Decline Ratio: Market breadth remained slightly negative, with 1,688 stocks advancing against 1,851 declining, resulting in an A/D ratio of 0.91, indicating marginally higher selling pressure.

• The Big Picture: The US Federal Reserve’s September rate decision is due at 11:30 PM IST, with 85% of economists in a Reuters poll expecting a 25 bps hike to 3.75%-4.00%, which would be the first hike since July 2023. Markets are also closely watching Chair Kevin Warsh’s policy guidance, following his hawkish tone at Jackson Hole and continued focus on inflation.

• FII/DII Activity (September 15, 2026): Institutional flows remained mixed, with DIIs as net buyers at ₹2,686 crore, while FIIs were net sellers at ₹2,977 crore, reflecting continued foreign selling despite strong domestic buying.

Watch Out For Tomorrow

• IPO Corner: Hero Motors & Jindal Supreme IPO is Opened for subscription today, making the IPO robust sentiment.

• Macro: USA Fed Interest Rate Decision data is scheduled to be released tonight.

• Market Watch: For India, a Fed rate hike could strengthen the dollar, weaken the rupee and intensify FII outflows, adding pressure to a market already down for five consecutive weeks. Yesterday, equities fell sharply; today, they remained largely range-bound. Now, all eyes turn to the Fed’s decision tonight for the next market trigger.

Word of the day

Rate Hike

Meaning: A rate hike is an increase in the interest rate set by a central bank, usually to control inflation.

Market Context: A rate hike can strengthen the currency, increase borrowing costs and potentially reduce investor appetite for riskier assets.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• Solar Industries India (-13.64%): Shares declined the most after the company’s subsidiary, Solar SA Investments Proprietary, signed definitive agreements to acquire all outstanding shares of Omnia Holdings for US$1.355 billion (₹12,951 crore). The all-cash acquisition weighed on investor sentiment, with concerns around the size of the deal and funding requirements driving selling pressure.

• KEC International (+0.12%): Shares gained marginally after securing ₹1,303 crore in T&D orders across India, the Middle East and Americas, taking YTD order intake above ₹7,600 crore.

• Greenply Industries (-3.50%): Shares fell after the company announced a proposed restructuring of its JV, Greenply Samet, under which partner Samet will invest $30–40 million over the next 2–3 years to support plywood and MDF expansion.

• Cochin Shipyard (-4.06%): Shares declined despite entering into a JV Agreement with Drydocks World Dubai – FZCO during the BRICS Summit 2026 in New Delhi.

Sectoral Performance

• Nifty IT (+2.19%): The index was the only sector to gain today, led by Infosys, TCS and HCL Technologies, after calls to slow AI development eased concerns around AI-led disruption and supported a sharp rebound in beaten-down IT stocks.

• Nifty Defence (-5.96%): The index declined sharply, with all constituents trading in the red, as the absence of an expected India-Russia defence deal at the BRICS summit triggered profit booking. Solar Industries also faced pressure following its recent large Africa acquisition.

• Nifty Realty (-4.04%): The index declined sharply amid rising crude oil prices, escalating West Asia tensions and higher domestic inflation, fuelling concerns over prolonged high interest rates. Lodha Developers, DLF and Prestige Estates were the biggest losers.

• Nifty Metal (-2.54%): The index declined sharply, with 1 gainer & 13 losers. Rising crude prices and escalating West Asia tensions weighed on metal stocks, while higher global bond yields and rate-hike concerns added to market pressure

  

  Market Insights

  • Technical Level: The index opened with a gap-up, but faced resistance at 23,590 at the start of the session. It then witnessed a sustained sell-off throughout the day with no meaningful pullback, closing near the day’s low and establishing support around 23,120.

  • Advance-Decline Ratio: Market breadth remained strongly negative, with 754 stocks advancing against 2,824 declining, resulting in an A/D ratio of 0.27, indicating heavy selling pressure across the broader market.

  • The Big Picture: Markets faced a triple pressure point as Brent crude moved toward $107 and closer to $110, US 10-year yields crossed 5% for the first time since 2007, and the rupee slipped to a six-week low of 95.91 against the dollar. With all three risks converging on monthly expiry day amid the ongoing Fed meeting, investor sentiment came under significant pressure.

  • FII/DII Activity (September 11, 2026): Institutional flows remained mixed, with DIIs emerging as net buyers at ₹1,968 crore, while FIIs were net sellers of ₹931 crore. Strong domestic buying provided support, though continued FII selling reflected persistent foreign investor caution.

  Watch Out For Tomorrow

  • IPO Corner: Manika Plastech IPO is closing for subscription on tomorrow, making the IPO robust sentiment.

  • Macro: USA Fed Interest Rate Decision & UK United Kingdom Inflation Rate YoY data is scheduled to be released tomorrow.

  • Market Watch: The focus now shifts from today’s selling to what the Fed signals next. A hawkish tone could keep pressure on equities, especially rate-sensitive sectors, while any dovish indication may offer relief. Investors should also watch Brent near $110, the rupee around 95.91, and bond yields above 5% for signs of further stress.

Word of the day

Hawkish

Meaning: A stance that favours higher interest rates or tighter monetary policy to control inflation.

Market Context: A hawkish Fed outlook can pressure equities, as higher rates increase borrowing costs and reduce the appeal of riskier assets.

Example: Investors turned cautious ahead of the Fed meeting amid expectations of a hawkish stance.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

Stock News Highlights

• HDFC Bank (-5.03%): Shares recovered as the broader market rebounded from a gap-down opening, while a Bahrain court’s rejection of seven investor cases related to Credit Suisse AT1 bonds provided an additional positive trigger.

• Premier Energies (-0.65%): Shares rose marginally after the company entered into a binding term sheet with RCT India to form a JV for a 12 GWh BESS manufacturing facility in Telangana, with the first phase planned at 6 GWh.

• Canara HSBC Life Insurance (-0.29%): Shares fell marginally after IRDAI imposed a ₹1 crore penalty on the insurer over certain matters related to policyholder interests.

• Cochin Shipyard (-9.17%): Shares fell sharply after FY27 EBITDA margin guidance of around 14% disappointed investors, compared with 17% in Q1 FY27. Despite a strong ₹22,000 crore order book, margin concerns triggered heavy selling.

Sectoral Performance

• Nifty Private Bank (+0.48%): The index emerged as the top-performing sector today, supported by late recovery buying in heavyweight stocks such as HDFC Bank. Market breadth remained positive, with 5 constituents advancing and 4 declining, helping the sector outperform the broader market.

• Nifty Media (+0.16%): The index edged higher today as selective buying in key heavyweight contributors supported a recovery from the gap-down opening. Sun TV Network, PVR INOX and Tips Music led the gains, helping the sector close marginally in positive territory.

• Nifty Realty (-2.70%): The index declined the most today, hitting a more than two-month low, led by sharp losses in Godrej Properties and Lodha. Rising crude oil prices and renewed US inflation concerns increased expectations of tighter monetary policy, while a surge in global bond yields and US 10-year Treasury yields further pressured rate-sensitive realty stocks.

• Nifty Metal (-2.30%): The index declined sharply, with Hindalco, JSW Steel and Tata Steel among the biggest contributors to the fall. Rising crude prices and escalating West Asia tensions weighed on metal stocks, while higher global bond yields and rate-hike concerns added to market pressure.

  

Market Insights

• Technical Level: Nifty opened with a sharp gap-down, pushing the market into negative territory and finding initial support near 23,230. The index then recovered steadily, making higher highs through the session and closing near 23,450 Resistance, which emerged as a key resistance level.

• Advance-Decline Ratio: Market breadth remained negative, with 1,473 stocks advancing against 2,039 declining, resulting in an A/D ratio of 0.72, indicating broader selling pressure despite the Nifty’s recovery during the session.

• The Big Picture: Crude was behind the early shock. The Houthi takeover of Yemen’s strategic Mokha port raised fresh concerns over shipping through the Bab el-Mandeb Strait, a key route for global oil, adding risk to Saudi energy infrastructure and Red Sea shipments. Brent touched $108 before easing back to around $104, markets still on edge for further escalation.

• FII/DII Activity (September 10, 2026): Institutional flows remained mixed, with DIIs emerging as net buyers at ₹1,026 crore, while FIIs were net sellers of ₹438 crore. Strong domestic buying provided support despite continued foreign selling pressure.

Watch Out For Tomorrow

• IPO Corner: Veegaland Developers & Manika Plastech IPO is closing for subscription on Monday , making the IPO robust sentiment.

• Macro: China Industrial Production YoY (Aug) & UK Unemployment Rate (Jul) data is scheduled to be released on Monday.

• Market Watch: Modi-Xi talks at the BRICS summit focused on improving India-China ties, with border disputes, trade imbalances and investment restrictions remaining key challenges. Meanwhile, markets will closely track the FOMC’s September 16 rate decision. For investors, crude’s move around $104 and the Fed’s policy tone will be crucial in determining whether the market recovery sustains or fades.

Word of the day

Escalation

Meaning: A rapid increase in the intensity or seriousness of a situation.

Market Context: Rising crude prices and geopolitical tensions around Yemen highlighted the risk of further escalation, keeping global markets on edge.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.