Kaynes Technology Surges 13.76%; Trump Clears Way for Nvidia to Sell H200 AI Chips to China & More.

Dec 09, 2025

Kaynes Technology India (+13.76%): Stock jumped after the firm admitted a standalone disclosure lapse; plans tighter reporting, potential auditor change, and internal controls upgrade to avoid future errors.
Welspun Corp. (+1.16%): Stock gained after EPIC won a ₹1,165-crore Saudi Water Authority contract, boosting visibility for FY26–FY27 revenues.
SpiceJet (+5.57%): Stock rose as the airline boosted capacity with two new 737s, stepping in as IndiGo’s issues pushed passengers toward other carriers.
Caplin Point Labs. (-1.18%): Stock moved lower despite subsidiary Caplin Steriles securing USFDA approval for generic Linezolid Injection, unlocking access to a $23-million US market.

Consumer Durables | Nifty Consumer Durables (+1.31%): Sector rose on improving consumer demand, supported by GST cuts and policies, led by 11 gainers, while 4 stocks lagged.
PSU Banks | Nifty PSU Bank (+1.29%): Sector recovered modestly, led by Canara Bank, Bank of India, and Indian Bank, after sell-offs as government rules out FDI deal.
Nifty IT | Nifty IT (-1.19%): Sector declined for the second consecutive day as profit booking intensified, led by heavy selling in Infosys, HCL Tech, and TCS.
Nifty Auto | Nifty Auto (-0.72%): Sector declined for the second consecutive day, led by 7 gainers and 8 losers amid weak global cues.

Technical Level: Nifty started with a gap down and moved lower, then rebounded to make the day’s high, trading overall in a range with support at 25,730 and resistance at 25,920.
Advance-Decline Ratio: A broad market movement saw 1,134 stocks decline, while 1,981 advanced, indicating mixed sentiment in today’s trading session.
The Big Picture: Trump clears way for Nvidia to sell powerful H200 AI chips to China, relaxing Biden-era restrictions; Commerce Dept finalising deal, potentially extending to AMD and Intel.
FII/DII Activity (Dec 09, 2025): Domestic investors purchased ₹2,542 crore, whereas foreign investors sold ₹655 crore, helping stabilize markets amid broader weakness.

IPO Corner: Last day to apply for Wakefit and Corona Remedies IPOs is tomorrow; subscriptions are seeing healthy investor response.
Macro: Germany’s Balance of Trade (Oct) and Australia’s interest rate decision are set to release tomorrow, attracting investors’ attention.
Index Watch: The session started nervously with heavy selling, spooking investors, but markets bounced back smartly. Most stocks ended in green, trading in a range. Looks like a short-term correction, and key support levels are holding up nicely.

5 Day Course

Theme: Understanding Debt-to-Equity Ratio

Day 2: Tuesday

Different companies have different approaches to funding their growth. Companies in capital-intensive industries, like manufacturing or infrastructure, often rely more on debt to finance their operations.
Companies in less capital-heavy sectors, like software or consulting, tend to rely more on equity. Because of this, the debt-to-equity (D/E) ratios seen across industries vary widely.
For example, a D/E ratio of 1.5 might be considered risky for a small tech firm, but it could be normal for a steel or cement company. Some fast-growing startups might intentionally avoid debt and run entirely on equity.
In such cases, the D/E ratio could be close to zero. In certain quarters, a company might repay a large portion of debt or take on temporary loans.
These short-term changes can make the D/E ratio look misleadingly high or low. Investors should also consider the nature of the debt — long-term vs short-term, or secured vs unsecured — as this affects the risk profile.

Speculation: It means guessing or predicting outcomes, especially in finance, like stock prices, to earn profits without complete information, making it riskier than informed investing.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.