Market Highlights

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

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July 22, 2025

• Daily Morning Report                Date: 22.07.2025
• NIFTY OUTLOOK: 25090.70  FII: -1681.23 cr  DII: 3578.43 cr
• As discussed, market behaviour stayed on expected lines.
• Nifty opened on a weak note, slipped to our support of 24881, reversed from there, and rallied up to our resistance of 25108 (high of 25111.6), finally closing at 25090.70.
• A bullish candle with a lower wick on the daily chart suggests bulls are attempting a comeback. If buying support continues and Nifty crosses 25136, it may rally to 25183–25227. Further strength may take it to 25273.
• On the downside, 25045–25000 may act as immediate support. A break and sustain below this zone could drag Nifty to 24955–24909.
• Bank Nifty Outlook:
• Spot: 56952.75  PCR: 0.83  Max CE OI: 57000  Max PE OI: 56000
• On 21st July 2025, Bank Nifty closed at 56952.75, up by 1.19% from the previous close. The index moved 727.75 points during the session, with a high of 56983.45 and a low of 56255.70.
• Technical View (Daily Chart):
• Key support and resistance levels are at 56500 and 57300, respectively.
• Intraday Technical Strategy
• Buy above 57150 with SL 57080 and Target 57350
• Sell below 56750 with SL 56820 and Target 56550
• RSI: Currently at 54.10 (Neutral zone; below 30 is oversold, above 70 is overbought)
• SMA Analysis:
• Bank Nifty is trading above 7 out of 8 SMAs (5, 10, 30, 50, 100, 150, 200-day) and below the 20-day SMA.
• A bullish candlestick pattern has also been identified on the daily chart.
• • Closing Marubozu Uptrend
• Macros.
• 1. Dollar index @ 97.592
• 2. S&P vix @ 16.31
• 3. Brent crude @ 69.08
• 4. US 10 years bond @ 4.355
• Note:
• Wall Street stocks advanced on Monday, while Treasury yields softened at the start of a busy week of corporate earnings. Meanwhile, trade negotiations between the U.S. and its global partners have intensified ahead of the fast-approaching 1st August deadline.
• U.S. Treasury Secretary Scott Bessent emphasized that the administration is prioritizing the quality of trade agreements over their timing. "We're not going to rush for the sake of doing deals," Bessent said in a CNBC interview. He also hinted that the deadline might be extended for countries engaged in healthy and productive trade discussions.
• On the commodities front, European Union sanctions on Russian oil may lead to a rise in crude prices due to constrained supply. Gold and silver also moved higher.
• Back home, Indian equities witnessed a strong bounce, but it's yet to be seen whether this upward momentum will sustain. The ongoing earnings season has been relatively weak, raising concerns about near-term performance.
• Conclusion: We need to cautious and keep positions lite .
• Contributed by
• Ashok bhandari : INH000019549
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• Eraaya Lifespaces
• Eraaya to cancel FCCBs, repay bondholders amid legal issues; forms strategy group, delays FY25 results.
• Media Release: Eraaya Lifespaces Initiates FCCB Exit: Pursues Amicable Resolution Including Cancellation-Rescission And Full Repayment Amid Legal Impossibility, Fiduciary Breach, Frustration, And Foundational Misrepresentations.
• Eraaya Lifespaces to cancel FCCBs, repay bondholders amid legal, fiduciary breaches and withheld funds.
• https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed77fe98-db64-41e8-a6d2-9c0787849695.pdf
• @beatthestreet10
• Rajoo Engineers raised Rs.160 crore via QIP issuing 1.47 crore shares at Rs.109 each, increasing paid-up capital.
• @beatthestreet10
• Ganesh Infraworld awarded Rs. 25.49 Cr sewer pipeline contract in Bhubaneswar for 12 months.
• @beatthestreet10.
• Leo Dryfruits - Cancellation Of Lease Agreement For Proposed New Place Of Business
• Entered and mutually terminated 3-year lease for new manufacturing premises within one month.
• @beatthestreet10
• IFL Enterprises
• Singapore firm may acquire 12% stake; recent FPIs hold 16%; Rs.49.14 Cr rights issue; strong FY25 growth.
• https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c736b772-565c-4d58-8ee7-d277a411ab9e.pdf
• YOGI: CO SECURES ₹46.21 CRORE PURCHASE ORDER FROM COMPANION VINIMAY TRADING PVT LTD
• @beatthestreet10
• Sagar Cements
• Approved Rs.140.5 Cr capex to expand grinding capacity and install 6 MW solar plant at Jeerabad facility.
• @beatthestreet10
• Remedium secures $21M export deal, expands globally via Singapore subsidiary, and completes strong rights issue.
• @beatthestreet10
• Aries Infra solutions
• Arisinfra awarded ₹340 crore contract by Transcon Group for construction materials supply over 45-50 months.
• @beatthestreet10
• Agarwal Toughened Glass secures ₹7 crore order for 20,000 SQM Double Glazed Glass from Elite Window Factory.
• @beatthestreet10
• TruCap Finance downgraded to IVR C due to Rs.72.28 Cr NCD payment default and liquidity strain.
• @beatthestreet10
• Shah Alloys
• Shah Alloys to close entire Iron & Steel plant at Santej within one month due to losses and obsolescence.
• @beatthestreet10
• B.L. Kashyap received ₹910 Cr order for residential construction from BPTP, 36-month timeline.
• @beatthestreet10
• SEBI: JANE STREET DIRECTED TO CEASE, DESIST FROM DIRECTLY OR INDIRECTLY ENGAGING IN ANY FRAUDULENT, MANIPULATIVE OR UNFAIR TRADE PRACTICE
• STOCK EXCHANGES HAVE BEEN DIRECTED TO CLOSELY MONITOR ANY FUTURE DEALINGS, POSITIONS OF JS GROUP ON ONGOING BASIS
• JANE STREET ENTITIES HAVE GIVEN UNDERTAKING THAT THEY WILL DESIST FROM SUCH ACTIVITIES
• @beatthestreet10
• BEAT THE STREET BULLETIN
• Date: 21 JULY 2025 
• Telegram: [t.me/beatthestreet10]
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• ORDER WIN
• SAHANA SYSTEMS: Empanelled as Design Service Provider for BEL, gaining access to high-value defence tech projects.
• BLUE CLOUD SOFTECH: Bags ₹54 lakh contract for Bioster Hygiene System at Hyderabad’s N-Heights Corporate Towers.
• ACQUISITION
• BRIGADE ENTERPRISES: Acquires 20.19 acres in Bengaluru's Whitefield-Hoskote corridor for ₹588 crore for ₹5,200 crore GDV mixed-use project.
• COLLABORATION
• CIPLA: Invests ₹5 crore in iCaltech Innovations for a 20% stake to strengthen respiratory care portfolio.
• LEADERSHIP CHANGES
• BAJAJ FINANCE: Anup Saha resigns as MD; Rajeev Jain to continue as Vice Chairman and MD till March 2028.
• ARVIND SMARTSPACES: Appoints Priyansh Kapoor as CEO and Whole-Time Director effective 9 August 2025.
• FUNDRAISING
• 360 ONE WAM: Approves ₹5,279 crore preferential issue to UBS AG; ₹1,319 crore upfront received.
• IFL ENTERPRISES: Board to evaluate proposal from Unique Global to acquire up to 12% stake via strategic investment.
• FII STAKE CHANGES / BOUGHT-SOLD
• SBI: LIC raises stake from 9.21% to 9.49% by subscribing ₹5,000 crore QIP at ₹817 per share.
• IPO
• MONARCH SURVEYORS: Raises ₹26.53 crore from marquee anchor investors including Morgan Stanley and Aarth AIF at ₹250 per share.
• Q1 / BUSINESS UPDATE
• CIE AUTOMOTIVE: Q1 PAT fell 6% YoY to ₹203.5 crore; revenue up 3% YoY to ₹2,369 crore.
• SAGAR CEMENT: Q1 PAT at ₹7.5 crore vs loss YoY; EBITDA up 162% YoY and margin at 18.1%.
• DHANLAXMI BANK: Q1 PAT at ₹12.18 crore vs ₹8 crore loss YoY; NII down 18% YoY to ₹139 crore.
• PNB HOUSING: Q1 operating profit up 17% QoQ; AUM at ₹82,100 crore; disbursements fell 27% QoQ.
• PARAG MILK: Q1 PAT up 1% YoY to ₹27.6 crore; revenue up 12% YoY to ₹851 crore; margin at 6.85%.
• IFL ENTERPRISES: FY25 PAT jumped 254% YoY to ₹2.99 crore on ₹120.6 crore revenue.
• USFDA / REGULATORY
• DR. REDDY'S: Gets VAI classification from USFDA for Middleburgh, NY facility, allowing continued exports to US.
• CLARIFICATION
• TILAKNAGAR INDUSTRIES: Denies receiving any regulatory notice regarding reported chargesheet; reaffirms ethical practices.
• LAUNCHES
• FISCHER MEDICAL: Launches Chennai’s first High-Resolution Open MRI at Orthomed Hospital for enhanced diagnostics.
• NEW PROJECTS
• AGI GREENPAC: Plans ₹1,000 crore aluminum cans plant in UP and ₹700 crore glass plant in MP to boost capacity.
• BAHETI RECYCLING: To install ₹3.51 crore 1.2MW solar plant in Gujarat to cut energy costs by 60% from Q1FY27.
• OTHERS
• AGI GREENPAC: Announces strategic entry into aluminum cans segment to complement existing glass business.
• LEO DRYFRUITS & SPICES: Terminates manufacturing lease agreement due to lessor’s non-compliance; seeks alternate site.
• ---
• STAY UPDATED WITH BEAT THE STREET
• For more updates, join our Telegram channel: [t.me/beatthestreet10]
• @beatthestreet10
• MS on UltraTech
• Maintain Overweight with TP of Rs 14000
• Good execution continues
• See company as a strong earnings compounder over multiple years
• Expect volumes share gains, multiple revenue levers, and cost improvements in play
• UltraTech is preferred cement play
• @beatthestreet10
• MS on Titan
• Maintain Overweight with TP of Rs 3876
• Acquisition of Damas International at reasonable valuation
• Acquisition of Damas is to be funded by a combination of debt, cash balances, and internal accruals
• Acquisition should help expansion across six GCC countries, targeting nationalities and ethnicities other than Indian diaspora
• @beatthestreet10
• Brokerages on Ultratech
• Nomura on Ultratech : Reiterate our Buy rating & raise our TP by 9% to Rs.13,900
• Jefferies on Ultratech : Reiterate BUY with revised PT of Rs14700.
• DAM on Ultratech Cement : Re-iterate BUY rating with TP of Rs.13,800
• Nuvama on Ultratech Cement : Maintain ‘HOLD’ with a revised TP of Rs.13,628 vs Rs.11,859
• @beatthestreet10
• Capital Market Stocks : SEBI-Jane Street no longer barred from placing orders or trading in Indian securities market
• Exchanges, clearing corporations, depositories, and banks no longer required to restrict Jane Street
• Jane Street must not engage in any manipulative or fraudulent trading patterns
• SEBI investigation and final proceedings still underway
• @beatthestreet10
• Lemon Tree Hotels; Co. Opens 11th Property in Rajasthan with Keys Lite, Banswara
• Positive Impact
• New Launch: Opens 54-room property in Banswara, Rajasthan, boosting regional presence.
• Portfolio Expansion: Marks the 11th hotel in Rajasthan, strengthening footprint in key tourist destinations.
• Diverse Facilities: Offers multi-cuisine restaurant, fitness centre, banquet & conference facilities.
• Tourism Boost: Banswara known for scenic beauty and tribal culture, attractive for nature and culture tourists.
• Growth Strategy: Supports company’s goal of rapid portfolio expansion, targeting 100+ future hotels in India and abroad.
• @beatthestreet10
• Macquarie on Eternal
• Maintain Underperform with TP of Rs 150
• Quick Commerce explosive growth, losses contained; Food Delivery growth lags
• Despite yet to be proven steady-state economics and rising competition, estimate the current share price implies $15bn value for Blinkit
• Remain guarded on both Quick Commerce economics and what's priced in Eternal shares
• @beatthestreet10
• MS on PNB Housing
• Maintain Overweight with TP of Rs 1350
• Q1: PAT beat driven by PPOP and credit costs
• PAT beat owing to higher than expected credit cost reversal
• Investor focus on the call will likely be on guidance for NIM progression, reflecting the impact of rate cuts on prime home loan book yields
• @beatthestreet10
• MS on Bajaj Finance
• Maintain Overweight with TP of Rs 1050
• MD resignation appears to be a setback to the succession planning
• But the situation seems manageable.
• Rajeev Jain at the helm for 3 years and a deep talent pool, the company has sufficient time
• See negligible risks to earnings estimates from this development
• @beatthestreet10
• Jefferies on Havells
• Maintain Hold; Cut TP to Rs 1635 from Rs 1800
• Challeging Quarter on Multiple Fronts
• Multiple Reasons for a Weak Q1
• Cables & Wires: The Silver Lining
• Outlook; Risk Reward Appears Stretched
• @beatthestreet10
• Jefferies on Can Fin Homes
• Maintain Buy; Hike TP to Rs 950 from Rs 900
• Q1 Results: Growth Subdued, But Should Inch Up
• NIMs can expand further near term despite cut in home loan rates
• Asset quality and credit costs should stay stable
• Expect 13% EPS CAGR & 16-18% ROE over FY26-28
• @beatthestreet10
• MOSL ON L&T FINANCE
• MOSL maintains Buy on L&T Finance with a target price of ₹250
• Q1 was healthy; company well-positioned for stronger growth in H2 FY26
• Management guides credit costs to decline to ~2.5% by Q4FY26 and ~2.4-2.5% for FY26
• Estimated CAGR of ~22% in total loans and ~25% in PAT over FY25-FY27E
• Projected consolidated RoA/RoE of 2.7%/~14% in FY27E
• FY26 targets include loan mix shift and Cyclops rollout in Tractors, PL, and SME
• Structural improvement in profitability and RoA expected from FY27 onwards
• @beatthestreet10
• Macquarie on Eternal
• Maintain Underperform with TP of Rs 150
• Quick Commerce explosive growth, losses contained; Food Delivery growth lags
• Despite yet to be proven steady-state economics and rising competition, estimate the current share price implies $15bn value for Blinkit
• Remain guarded on both Quick Commerce economics and what's priced in Eternal shares
• @beatthestreet10
• MS on PNB Housing
• Maintain Overweight with TP of Rs 1350
• Q1: PAT beat driven by PPOP and credit costs
• PAT beat owing to higher than expected credit cost reversal
• Investor focus on the call will likely be on guidance for NIM progression, reflecting the impact of rate cuts on prime home loan book yields
• @beatthestreet10
• MS on Bajaj Finance
• Maintain Overweight with TP of Rs 1050
• MD resignation appears to be a setback to the succession planning
• But the situation seems manageable.
• Rajeev Jain at the helm for 3 years and a deep talent pool, the company has sufficient time
• See negligible risks to earnings estimates from this development
• @beatthestreet10