Market Awaits USA Fed Interest Rate Decision ,IRB Infra. Developers Rises on Higher Nov. Toll Collections

Dec 10, 2025

Highway Infrastructure (+4.36%): Stock rose after the company received a ₹328.8-crore LOA from NHAI for operating the Kaza Fee Plaza in Andhra Pradesh.
IRB Infrastructure Developers (+1.28%): Stock gained as gross toll collections for November rose 15.8% YoY to ₹716.1 crore, reflecting steady traffic and operational growth.
GPT Infraprojects (+1.51%): Stock inched up as the firm secured L1 status for a ₹199.17-crore order from North Eastern Railway for bridge substructure construction.
Godrej Industries (+1.31%): Shares moved higher with Creamline Dairy’s ₹150 crore Telangana facility MoU, increasing the group’s total state investments over ₹10,000 crore.

Media | Nifty Media (+0.48%): Sector up for the second consecutive day, as the broader market also rises, boosting sentiment across cyclicals. Gains led by Tips Music, Zee Entertainment, and Saregama India.
Metal | Nifty Metal (+0.46%): Stocks advanced on Fed rate cut hopes and soaring silver prices, with foreign investment optimism boosting the sector, led by Vedanta, Tata Steel, and Hindalco.
Consumer Durables | Nifty Cons. Durables (-1.72%): Sector down as profit booking emerged after yesterday’s rally, with 5 gainers and 10 draggers.
IT | Nifty IT (-0.89%): Sector down today as broad-market weakness hit tech stocks, with 2 gainers and 8 draggers, reflecting cautious investor sentiment.

Technical Level: Nifty Opening with a small gap up, Nifty saw upside fluctuations in the morning session, then fell back to previous support, making resistance at 25,950 and support at 25,730.
Advance-Decline Ratio: Market showed mixed sentiment with 1,351 advancing stocks versus 1,753 declining, indicating cautious trading across sectors.
The Big Picture: H-1B visa applicants, especially from India, face delays and job risks as the U.S. expands social media vetting, causing appointment cancellations, longer processing times, and increased scrutiny of online activity and profiles.
FII/DII Activity (Dec 09, 2025): Domestic investors bought ₹6,225 crore and foreign investors sold ₹3,760 crore, providing some support amid market pressure.

IPO Corner: The Park Medi World IPO is now open for subscription, with investor interest reaching 0.55x so far.
Macro: USA Fed Interest Rate Decision and Fed Press Conference are scheduled tomorrow, drawing investors’ attention to potential market-moving announcements.
Index Watch: Market is in red today for the third consecutive session, testing previous day’s low near 25,750. Continuous FII selling is adding pressure, though DII buying is supporting momentum. Investors are cautious, wondering if this is a new downtrend or just a correction before a rally. Key levels to watch include 25,750 support and 26,500 resistance for the week.

Theme: Understanding Debt-to-Equity Ratio

Day 3: Wednesday

Debt-to-equity ratios are not static; they can change based on a company’s strategic decisions and market conditions. Companies may take on new debt to fund expansion, acquisitions, or capital projects, which temporarily increases the D/E ratio. Conversely, paying off debt or issuing new equity can reduce the ratio.
It’s also important to compare the D/E ratio with industry peers rather than in isolation. A high ratio in a stable, cash-generating industry may be manageable, while the same ratio in a volatile sector could signal risk.
Investors should look beyond the numbers and consider the quality of debt - interest rates, maturity, and covenants matter. Understanding these nuances helps assess whether a company’s leverage is sustainable or potentially risky.

Momentum: It refers to the strength or speed of a price movement in a stock or market. Positive momentum means prices are rising strongly, while negative momentum indicates strong selling pressure. Traders often use it to gauge trend continuation or reversals.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

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