27, August, 2025
# Sign In
  1. Home
  2. Market Highlights

Market Highlights

Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

July 24, 2025

  • Daily Morning Report Date: 24th July 2025
  • NIFTY OUTLOOK: 25,219.90, FII: -Rs. 4,209.11 cr, DII: +Rs. 4,358.52 cr
  • As discussed yesterday, market behaviour remained on expected lines. At the opening, Nifty faced resistance near 25,150, but during the afternoon session, it broke above this level and made an intraday high of 25,233.50—very close to our projected level of 25,239.
  • A bullish candle on the daily chart suggests that bulls have regained control. If the positive momentum continues, Nifty may rally towards 25,308–25,353 upon a successful breach of 25,265. If demand further intensifies, there is a possibility of testing 25,397.
  • On the downside, levels of 25,175 to 25,131 may act as immediate support. A break and sustained move below these levels could drag Nifty further down to 25,087–25,043.
  • Bank Nifty Outlook:
  • Spot: 57,210.45  PCR: 0.95  Max CE OI: 57,000  Max PE OI: 57,000
  • On 23rd July 2025, the Bank Nifty index closed at 57,210.45, up 0.80% from the previous day's close.
  • The index witnessed an intraday movement of 533.20 points, making a high of 57,249.00 and a low of 56,715.80.
  • Technical View (Daily Chart):
  • Key support is placed at 56,900, while resistance is seen around 57,900.
  • Intraday Strategy:
  • Go long above 57,360 with a stop loss of 57,310 and a target of 57,500.
  • Go short below 57,060 with a stop loss of 57,110 and a target of 56,910.
  • RSI Analysis:
  • The Relative Strength Index (RSI) stands at 56.70, indicating neutral momentum. (RSI below 30 is considered oversold, and above 70 is overbought.)
  • SMA Analysis:
  • Bank Nifty is trading above all 8 key Simple Moving Averages – 5, 10, 20, 30, 50, 100, 150, and 200-day SMAs, suggesting strong bullish undertone.
  • Additionally, a bullish candlestick pattern was identified on the daily chart, reinforcing the positive trend.
  • • Closing Marubozu Uptrend
  • Macros
  • 1. Dollar index @ 96.895
  • 2. S&P 500 vix @ 15.37
  • 3. Brent crude @ 68.68
  • 4. US 10 years bond yield @ 4.389
  • Note:
  • US equities had another excellent day, driven by tech gains. Alphabet surged on strong Q2 results and announced increased capital spending. The Nasdaq and S&P 500 hit all-time highs, while the Dow is nearing its all-time high.
  • Following the trade deal with Japan, President Trump expressed optimism that other countries will also reach agreements before the 1st August deadline.
  • The Dollar Index is trading below 97, and crude prices may slide to the $60–62 range. A weaker Dollar and lower crude prices are typically positive for global equities.
  • Conclusion:
  • A weak Dollar Index and softening crude prices are likely to support equities globally. Domestic Institutional Investors (DIIs) remain aggressive buyers. FIIs' net long positions stand at around 15%, and short-covering may follow. With Japan's trade deal in place, expectations of similar agreements are rising. We anticipate a breakout in the near term.
  • Contributed by
  • Ashok bhandari : INH000019549
  • -------------------------------------xxxxxxx-------------------------------------------------------------------xxxxxxx---------------------------------
  • TEJAS NETWORKS: Vijay Kedia trims stake to below 1% in Q1, down from 1.02% earlier.
  • The move indicates a marginal reduction in holding by the renowned investor.
  • @beatthestreet10
  • EPACK DURABLE: Co. incorporates wholly-owned subsidiary "EPACK Electronic Component Pvt Ltd" on July 23, 2025.
  • The unit will focus on display module sub-assembly and advanced electronic components.
  • It’s a strategic move to expand presence in electronics manufacturing and value chain integration.
  • Initial capital of ₹1 lakh fully held by EPACK Durable.
  • Operations will be based in India with promoter group directors onboard.
  • @beatthestreet10
  • SUPREME PETROCHEM: Q1 CONS NET PROFIT DOWN 34% YOY AT 80.9 CR, DOWN 24% QOQ
  • REVENUE DOWN 12% YOY AT 1386 CR, DOWN 10% QOQ
  • EBITDA DOWN 29% YOY AT 114.2 CR, DOWN 21% QOQ
  • MARGINS AT 8.25% VS 10.3% (YOY) AND 9.45% (QOQ)
  • @beatthestreet10
  • BEAT THE STREET BULLETIN
  • Date: 23 July 2025
  • Telegram: [t.me/beatthestreet10]
  • ORDER WIN
  • RPP INFRA: Wins ₹2.44 crore drainage project from Thoothukudi City Municipal Corporation, execution within 6 months.
  • ---
  • ACQUISITION
  • COFORGE: To acquire 100% stake in Artemkind S.A. via step-down subsidiary for global expansion.
  • CMS INFO: To acquire Securens Systems Pvt Ltd for ₹80 crore to scale Vision AI business in BFSI segment.
  • RELIANCE IND: Subsidiary NTPL acquires 9.9% more in Nauyaan Shipyard, raising stake to 93.9%.
  • TILAKNAGAR IND: Acquires Imperial Blue brand for ₹4,150 crore and plans ₹6,500 crore fundraising.
  • ---
  • COLLABORATION
  • BIKAJI FOODS: Enters JV with C.G. Foods Nepal to manufacture and market snacks and sweets in Nepal.
  • SUNTECK REALTY: Signs JDA for 3.5-acre project at Mira Road, Mumbai with 5.5 lakh sq. ft. RERA carpet area.
  • ---
  • LEADERSHIP CHANGES
  • INDIA PESTICIDES: Whole-Time Director Rajendra Singh Sharma resigns due to health reasons, effective July 23.
  • ---
  • NEW PROJECTS
  • INDIA PESTICIDES: To invest ₹65 crore in new herbicide plant at Sandila with 4,000 MT capacity by Sep 2026.
  • ---
  • FUNDRAISING
  • INDUSIND BANK: Approves ₹20,000 Cr via debt and ₹10,000 Cr via equity; governance reforms also cleared.
  • KESAR INDIA: Board to meet on July 30 to consider fundraising via rights issue, QIP, or preferential issue.
  • BOROSIL RENEWABLES: To raise ₹379.52 crore via preferential issue at ₹535 per share to non-promoter investors.
  • VERANDA LEARNING: Board to consider preferential issue and commerce business demerger on July 28.
  • ---
  • FII STAKE CHANGES / BOUGHT-SOLD
  • TEJAS NETWORKS: Vijay Kedia cuts stake below 1% in Q1 vs 1.02% earlier.
  • ARISINFRA SOLUTIONS: Neomile Corporate Advisory buys 14.8 lakh shares (1.82%) at ₹146/share.
  • JAYASWAL NECO INDUSTRIES: Assets Care & Reconstruction sells 1.13 Cr shares (1.16%) at ₹39.83/share.
  • OBEROI REALTY: Invesco sells 1.07 Cr shares (2.95%); SBI MF buys 40.94 lakh shares (1.12%) at ₹1754/share.
  • SPICEJET LTD: Discovery Global sells 3.11 Cr shares (2.3%); Plutus Wealth buys 2.45 Cr shares (1.81%) at ₹38/share.
  • ---
  • INCORPORATE / CORPORATE STRUCTURE
  • INSOLATION ENERGY: Incorporates MGVI Green Infra Four Pvt Ltd for solar EPC and rooftop PV business.
  • INDIAN METALS: Sets up Metallix Aviation Pvt Ltd to enter aviation; based in Odisha with ₹10 Cr authorized capital.
  • TILAKNAGAR IND: Incorporates Grain & Grape Works Pvt Ltd for IMFL beverages under new WOS.
  • ---
  • Q1 / BUSINESS UPDATE
  • BIKAJI FOODS: Q1 PAT up 3% YoY to ₹59.9 Cr; revenue up 14% YoY; EBITDA up 4% YoY to ₹96.2 Cr; margin at 14.75%.
  • FORCE MOTORS: Q1 PAT at ₹176 Cr, up 53% YoY, down 59% QoQ; revenue at ₹2,297 Cr, up 22% YoY.
  • PREMIER POLYFILM: Q1 PAT at ₹6 Cr, up 2% YoY; revenue at ₹74.4 Cr, up 6% YoY; EBITDA margin at 78.3%.
  • FILATEX INDIA: Q1 PAT at ₹40.66 Cr, up 26% YoY; revenue flat YoY at ₹1,049 Cr; EBITDA margin at 6.45%.
  • ORACLE FINANCIAL: Q1 PAT at ₹641 Cr, up 4% YoY; revenue at ₹1,852 Cr, up 6% YoY; EBIT margin at 44.75%.
  • ORBIT EXPORT: Q1 PAT at ₹15 Cr, up 53% YoY; revenue at ₹67 Cr, up 27% YoY; EBITDA margin at 28.2%.
  • CIGNITI TECH: Q1 PAT at ₹65.9 Cr, up 528% YoY; revenue at ₹534 Cr, up 14% YoY; margin at 16.6%.
  • CMS INFO: Q1 PAT at ₹93.5 Cr, up 3% YoY; revenue at ₹627 Cr, up 5% YoY; margin at 25.1%.
  • BOROSIL RENEWABLES: Q1 net loss of ₹273 Cr vs loss YoY and profit QoQ; revenue at ₹332 Cr, up 38% YoY.
  • COFORGE: Q1 PAT at ₹349 Cr, up 18% YoY; revenue at ₹3,688 Cr, up 56% YoY; EBIT margin at 11.3%.
  • ---
  • OTHERS
  • JAPAN AUTOMOBILE ASSOCIATION: Welcomes Japan-US trade deal, easing impact on Japan’s auto industry.
  • STAY UPDATED WITH BEAT THE STREET
  • For more updates, join our Telegram channel: [t.me/beatthestreet10]
  • @beatthestreet10
  • COFORGE: Co. to acquire 100% stake in Artemkind S.A., a newly incorporated shelf company, for USD 10,000 via its step-down subsidiary.
  • The acquisition allows Coforge to quickly enter a new geography without setting up a fresh entity.
  • No regulatory approvals are required.
  • Deal completion is expected by August 31, 2025.
  • The move aligns with Coforge’s global expansion strategy in the IT/ITeS space.
  • @beatthestreet10
  • COFORGE: Q1 USD revenue grew 9.6% QoQ, showing strong operational momentum.
  • Order intake stood at \$507 million vs \$2.1 billion in Q4, indicating a normalised run-rate.
  • 6 new client logos added during the quarter.
  • IT attrition at 11.3%, among the lowest in the IT services sector.
  • Net headcount addition of 1,164, defying industry-wide layoff trends.
  • @beatthestreet10
  • JSW Energy signs 25-year PPA with BESCOM for 100 MW solar plus 100 MWh battery storage at ₹4.31/kWh.
  • @beatthestreet10
  • Mindspace REIT acquires Q City IT park in Hyderabad for INR 5,118 Mn, expanding portfolio to 16 msf.
  • @beatthestreet10
  • Va Tech WABAG awarded USD 272M contract for 300 MLD desalination plant in Saudi Arabia.
  • @beatthestreet10
Panchkarma