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June 12, 2025

• NIFTY OUTLOOK : CMP 25141.4 – 12th June 2025
• Dear Friends,
• As discussed yesterday, market behaviour remained on expected lines, as positive sentiment pushed Nifty up to 25222 during the day.
• A Doji Star candlestick on the daily chart now suggests indecision in market direction.
• On the upside, if Nifty crosses 25197, bulls may attempt to extend the rally towards 25254 to 25311. If demand intensifies, it could even test 25367.
• On the downside, if Nifty decisively breaks 25085, it may slip further to 25028 to 24972. If supply pressure increases, it could test 24916.
• Bank Nifty OUTLOOK:
• SPOT: 56459.75 | PCR: 0.92 | Max CE OI: 56000 | Max PE OI: 56000
• On 11th June 2025, Bank Nifty closed at 56459.75, down 0.30% from the previous day. The index moved 383.10 points during the session, making a high of 56782.50 and a low of 56399.40.
• Technical View (Daily Chart):
• Resistance is seen at 56900, above which the index may head towards 57300. Support lies at 56200; if breached, it may slip to 55800.
• RSI: 63.40 – Neutral zone (above 70: overbought, below 30: oversold)
• SMA Analysis:
• Bank Nifty is trading above all 8 key SMAs (5, 10, 20, 30, 50, 100, 150, 200-day).
• No candlestick pattern was identified.
• Macros
• 1.Dollar index @ 98.55
• 2.Vix @ 16.39
• 3.Brent crude @ 68.32
• 4. US 10 years bond yield @ 4.407
• Note:
• The U.S. trade agreement with China is a “done” deal, President Donald Trump stated on social media after two days of intense talks in London. The deal includes U.S. access to Chinese rare earth minerals and magnets, and permits Chinese students to study in U.S. institutions.
• Trump added that U.S. tariffs on Chinese goods will total 55%, while Chinese duties on U.S. goods will be 10%.
• The U.S. Labor Department reported CPI rose 2.4% y-o-y in May, up from 2.3% in April but below the expected 2.5%. Core CPI remained at 2.8% y-o-y, with a slower m-o-m rise of 0.1%.
• Following the data, rate cut expectations for September rose to nearly 70%, up from 57%.
• The slower inflation and U.S.-China trade deal are positive for the global economy. However, lack of a clear framework is keeping investors cautious.
• In commodities, crude oil rose (CMP 68.5) on the trade deal optimism, while gold and silver remained muted.
• Contributed by
• Ashok bhandari : INH000019549
• -------------------------------------xxxxxxx-------------------------------------------------------------------xxxxxxx---------------------------------
• News Headlines from Business News Agencies:
• Business Standard
• Railway Ministry permanently cancels ₹402 cr Mathura-Vrindavan project
• India Inc to double capex to $850 billion over the next five years
• India exports 516,000 tonnes sugar till June 6 of this year: AISTA
• India-EFTA trade pact to boost stable, predictable business ties: Goyal
• Corporate India's hiring outlook steady for Jul-Sep quarter: Report
• Cement sector to profit from $2.2 trn infra investment by 2030: Karan Adani
• Rare earth magnet disruption of over 30 days may hit vehicle output: Rpt
• Cement sector to profit from $2.2 trn infra investment by 2030: Karan Adani
• India's swelling coal stockpiles test state-owned mining giant CIL
• PSBs outpace private banks in loan growth for first time in 14 years
• HDFC, ICICI Bank cut retail deposit rates after RBI repo rate reduction
• Bengaluru sees 78% housing price jump in 5 years, Mumbai becomes costliest
• Economic Times
• Vedanta Resources eyes investment grade rating, plans to cut debt to USD 3 bn by FY27
• India, China set to drive palm oil market with aggressive buying, industry expert says
• Greaves Electric Mobility appoints Vikas Singh as managing director
• BigBasket to launch 10-minute food delivery across India by March 2026, executive says
• India's rising household debts are not worrisome: SBI report
• Logistics firm Allcargo Gati launches 24-hour air delivery service to 8 cities
• TRSL's foray into wheelset manufacturing timely amid supply disruptions: Official
• Uber partners with AI firm Wayve for autonomy trials in UK
• Tata Asset Management receives IFSCA approval to begin operations in Gujarat's GIFT City
• Digital payment revolution unfolding in India attracts global attention: Govt
• Prestige Group aims 59% growth in FY26 sales bookings at Rs 27K cr on strong housing demand
• 10-minute delivery boom fuels hyperlocal warehousing surge in urban and tier-2 India
• Mint
• Equity MF inflows drop 22 pc to ₹19,000 cr in May
• Maruti Suzuki pulls back on EV push amid rare earths crisis
• United Spirits denies stake sale report by parent Diageo in IPL franchise RCB
• SBI projects fall in India's poverty rates to 4.6% for 2024 amid economic growth
• Lower crude brings relief to Mahanagar Gas amid falling APM gas allocation
• JLR takes the long road with ‘phantom’ incentives for senior executives
• Valuations high, but equity deals to rise, fuelled by mega IPOs: BofA Guenthardt
• E-way bills shoot up to 122.7 million in May, the second-highest on record
• China Bans Bank From Luring Depositors With Popular Labubu Dolls
• Chinese Firm Halts Production of Controversial Alzheimer’s Drug
• Zydus Life receives EIR for the API manufacturing facility at Dabhasa
• India Daybook – Stocks in News
• HCLTech: Company announced an expanded partnership with The Standard to accelerate AI-led transformation and deliver digital-first services. (Positive)
• Texmaco Rail: Company Wins Order worth Rs 44 cr (Positive)
• Kolte-Patil: Competition Commission of India Approves Acquisition of Certain Stake in Company Developers by Brep Asia Iii India Holding (Positive)
• Interarch Building: Company has secured a purchase order from a prominent Automobile OEM, The value of the order is Rs 45 Cr (Positive)
• Thomas Cook: Company has expanded its presence in Punjab with a new franchise outlet in Mohali, targeting the region's high-growth travel market. (Positive)
• Popular Vehicles: Company has received a LOI from Maruti Suzuki India to Establish a New Independent True Value Outlet for Pre-Owned Vehicles in Bangalore, Karnataka (Positive)
• AGI Infra: Company has been awarded a construction contract by M/s AGI Construction Private Limited. (Positive)
• Kothari Industrial: Company launched new agro products on June 10, 2025. (Positive)
• Sonata Software: Company partners with IISc's Foundation of Science Innovation and Development (FSID) for a three-year collaboration focused on AI-driven scientific research. (Positive)
• Wipro: Company has extended its strategic IT partnership with Metro AG for two more years, focusing on cloud, AI, and secure IT services. (Positive)
• ELIN Electronics: Company added two new customers in its lighting business segment. (Positive)
• Indigo: Company to Enhance Its International Capacity to Central Asia, Launch of Direct Flights to Three Key Destinations: Almaty, Tashkent, and Tbilisi (Positive)
• Reliance Infrastructure: Company sets sights around ₹5,000 Crore Defence Aviation Market with Aircraft Upgrade Push. (Positive)
• Credit Access Grameen: Company gets $100 m multi-currency syndicated social loan facility, qualifies as an ECB under the automatic route of the Reserve Bank of India (RBI). (Positive)
• Max FIn: Appoints Sumit Madan as MD & CEO of Axis Max Life for a term of 5 years effective from October 1, 2025. (Positive)
• Tolins Tyres: Company announced its highest-ever monthly production milestone of 816 tons in May 2025 (Positive)
• Scoda Tubes: Saravana Securities D.Sathyamoorthi bought 3.78 lakh shares at Rs 166.91 per share. (Positive)
• HEC Infra Projects: Company announced receiving Rs 4.68 crore work order from AMC (Positive)
• Solarium Green: Company is re-entering the solar module manufacturing business with a new facility (Positive)
• Raymond: India's Raymond Realty to list in early July, top executive says: ET (Neutral)
• Vodafone Idea: Company Launches 5G services in Bengaluru starting from 11th-June-2025. (Neutral)
• Mudra Financial Services: Company announced the resignation of Director Mr. Atul Jain. (Neutral)
• Mahindra Logistics: Company announced a final dividend of Rs 2.50 per equity for FY25. (Neutral)
• Pudumjee Paper: Company announced that CRISIL Ratings Limited has reaffirmed its credit ratings. The long-term rating for the company's Rs 280 crore bank loan facilities is CRISIL A/Positive. (Neutral)
• MRP Agro: Company announced the acquisition of 89.16% stake in pRM Tradelink Private Limited for approximately Rs 5.61 Cr. (Neutral)
• MMTC: Company announced the appointment of Smt. Anoopa Sankarankutty Nair as Director Finance on June 10, 2025. (Neutral)
• Kaynes Technology: Company Unit Enters Asset Purchase Agreement with Fujitsu Electronics worth 1.59 billion JPY. (Neutral)
• Castrol India: Company announced the appointment of Mr. Vishal Thakkar as Interim CFO, effective June 12, 2025 (Neutral)
• Wardwizard Foods: Company announced the resignation of Mr. Kushal Palkhiwala, Associate Vice President- Marketing & Branding, effective June 10, 2025 (Neutral)
• Ashok Leyland: Company Subsidiary Completes Purchase Of 1.01% Stake in Switch Mobility Limited, UK. (Neutral)
• SIS: Company has announced a buyback of up to 37,12,871 equity shares at ₹404 per share, totaling ₹150Cr. The buyback opens on June 12, 2025 (Neutral)
• Anant Raj: Company has announced the record date of July 16, 2025, for determining dividend entitlement for FY25. (Neutral)
• Ircon International: Company has announced the appointment of Shri M. Ravi Sankar Chowdary as Project Director/Chhattisgarh. (Neutral)
• Valor Estate: Step-down subsidiary will acquire the remaining stake in Sahyadri Agro and Dairy Private Limited. (Neutral)
• IIFL Finance: Company to raise up to ₹600 crore via issuance of NCDs on private placement basis (Neutral)
• AB CAPITAL: Block deal worth Rs 800 crores likely today in block window: CNBC (Neutral)
• Marksans: Orbimed Asia IV to sell 2.27%, Floor Price Rs 249.95/sh: CNBC (Neutral)
• AU Small Finance Bank: TA Associates sold 93.9 lakh shares at Rs 760.07 per share. (Neutral)
• Shankara Building: Dharampal Satyapal sold 2.25 lakh shares at Rs 1005 per share (Neutral)
• Price Band change from 20% to 10%: Oriental Carbon & Chemicals, TVS Electronics. (Neutral)
• Tata Elxsi: Ex-Date today, Dividend Rs 75.0/Sh (Neutral)
• VTM: Ex-Date today, Bonus shares ratio 3:2 (Neutral)
• Trent: Ex-Date tomorrow, Dividend Rs 5.0/Sh (Neutral)
• ICICI Prudential Life Insurance: Ex-Date tomorrow, Dividend Rs 0.85/Sh (Neutral)
• Tata Chemicals: Ex-Date tomorrow, Dividend Rs 11.0/Sh (Neutral)
• JK Lakshmi: Ex-Date tomorrow, Dividend Rs 6.5/Sh (Neutral)
• Avantel: Ex-Date tomorrow, Dividend Rs 0.2/Sh (Neutral)
• Ethos: Ex-Date tomorrow, Right Issue of 4 Rights Equity Shares for every 43 fully paid-up Equity Shares (Neutral)
• Maruti Suzuki: Company's commercial launch of the e-Vitara In India likely to be delayed. (Negative)
• Avantel: Promoter Lakshmee Foundation sold 36 lakh shares. (Negative)
• HMA Agro: Promoter Mohammad Ashraf Qureshi sold 49.80 lakh shares. (Negative)
• Liquor stocks: The cabinet approved significant hikes in excise duties and introduced new regulatory measures, signalling a strategic push to strengthen state finances (Negative)
• HYUNDAI INDIA'S PLAN FOR RARE-EARTH MAGNETS
• Sources says Hyundai India May Tap Into Parent Co Hyundai Motor's Global Supply Chain For Rare-earth Magnets - CNBCTV 18
• Hyundai India Monitoring The Situation & Doesn't Expect Any Immediate Production Cuts
• Hyundai India Does Not Expect Disruptions In EV Mfg
• Hyundai India Has An Adequate Inventory Of Rare-earth Magnets For This Year
• @beatthestreet10
• WIPRO LTD : PROMOTER SOLD 0.01 % STAKES ON 9,11 th JUNE VIA OPEN MARKET
• @beatthestreet10
• GEOSPHERE CAPITAL MGMT:
• Says Trump may have secured a decent China deal.
• - US inflation stable, growth healthy; 25 bps Fed rate cut likely, 50 bps only in emergency.
• - Suggests diversification into Europe & EMs; bullish on India as earnings trend upward.
• @beatthestreet10
• THACKER & COMPANY LTD : PROMOTER BOUGHT 0.92 % STAKES ON 9th JUNE VIA OPEN MARKET
• @beatthestreet10
• CAPITAL TRUST : PROMOTER SOLD 0.97 % STAKES ON 6,9,10 th JUNE VIA OPEN MARKET
• @beatthestreet10
• DECCAN GOLD MINES LTD : PROMOTER SOLD 0.09 % STAKES ON 9th JUNE VIA OPEN MARKET
• @beatthestreet10
• Hindustan Copper Limited plans to invest about ₹2,000 crore over the next 5-6 years to expand its mine capacity from the current 4 MTPA to 12.20 MTPA by FY31.
• As part of its growth roadmap, it is looking to acquire promising copper deposits both domestically and internationally by participating in upcoming mineral auctions.
• The company has signed a collaboration agreement with CODELCO, Chile - one of the world’s largest copper producers - for knowledge sharing and capacity building in mining, beneficiation and exploration.
• Hindustan Copper is a vertically-integrated copper producing company and has copper mines and concentrator plants in the Malanjkhand Copper Project in MP (MCP), Khetri Copper Complex in Rajasthan (KCC) and Indian Copper Complex, Ghatsila, in Jharkhand (ICC).
• @beatthestreet10
• Asian Paints : 3.50 cr shares (3.64% eq) worth ₹7,703 cr change hands at ₹2,201/sh in block deal window
• @beatthestreet10
• Eternal : 60.93 Lk Shares (0.06% Eq) Worth Rs 156.65 Cr Change Hands At Rs 257.1/sh In Block Deal Window
• @beatthestreet10
• DEFENCE STOCKS:
• Ministry of Defence to sign ₹2 trillion defence contracts in FY26, with Indian firms gaining the bulk of orders, says Defence Secretary.
• Majority of contracts to benefit domestic manufacturers. Momentum from FY25 continues.
• Push for self-reliance (Atmanirbhar) remains strong.
• Positive for HAL, BEL, BDL, Bharat Forge, L\&T, MTAR.
• @beatthestreet10
• PANCHMAHAL STEEL LTD : PROMOTER SOLD 0.45 % STAKES ON 9,10 th JUNE VIA OPEN MARKET
• @beatthestreet10
• CRESTCHEM LTD : PROMOTER BOUGHT 0.01 % STAKES ON 9,10 th JUNE VIA OPEN MARKET
• @beatthestreet10
• SHILP GRAVURES : PROMOTER SOLD 5.5 % STAKES ON 10 th JUNE VIA OPEN MARKET
• @beatthestreet10
• SHAKTI PRESS : PROMOTER SOLD 0.30 % STAKES ON 10 th JUNE VIA OPEN MARKET
• @beatthestreet10
• GEOJIT FINANCIAL SERVICES : PROMOTER SOLD 0.44 % STAKES ON 9th JUNE VIA OPEN MARKET
• @beatthestreet10