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Market Highlights

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

September 03, 2025

Daily Morning Report Date: 03.09.2025
NIFTY OUTLOOK: 24579.60 FII -1159.48 cr DII 2549.51 cr
As discussed yesterday, market behaviour was on expected lines. Buyers pushed prices up to 24756.1 but failed to sustain, and Nifty slipped to 24522.35, near our support of 24523, before closing at 24579.6.
A high-wave candle on the daily chart indicates volatility and indecision.
For the upside, above 24631 bulls may re-enter and take Nifty to 24683–24735, with scope to test 24787 if demand rises further.
On the downside, supports are at 24528–24477; a break below these may drag Nifty to 24425–24373.
Bank Nifty OUTLOOK:
SPOT: 53661.00 PCR: 0.83 Max CE OI: 57000 Max PE OI: 54000
On 2nd September 2025, Bank Nifty closed at 53661.00 (-341.45, -0.63%). The index moved 377.70 points during the session, making a high of 54160.95 and a low of 53578.00.
Technical View:
Key support and resistance levels are at 53200 and 54365.
Intraday support and resistance are at 53500 and 53820.
Intraday Strategy:
Go long above 53820 with SL 53770 and target 53980.
Go short below 53500 with SL 53554 and target 53340.
RSI stands at 30; below 30 is oversold,
Bank nifty Day SMA Analysis
Bank nifty is trading above 2 out of 8 SMA’s (150, 200 Day).
Bank nifty is trading below 6 out of 8 SMA’s. (5, 10, 20, 30, 50,100 Day)
No active candlestick Pattern was identified in bank nifty.
Macros
1.Dollar index @ 98.385
2.S&P Vix @ 17.17 (+6.51%)
3.Brent Crude @ 69.07
4.10 Years bond yield @ 4.279
Note:
The GST Council meeting starting today will be crucial for equities. A clear policy will be positive, possibly marking a short-term bottom, while any ambiguity may trigger further pressure as bears take control. The next two days will be decisive for Indian equities.
Crude is gradually moving towards $70 (currently $69.20), while the Rupee heads towards 90, both adding pressure on markets. Meanwhile, bullion continues to make new records, supported by a weak INR and the global rally.
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Contributed by
Ashok bhandari : INH000019549
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Afcom Holdings approve 300 cr fund raise via QIP and Preferential
1. Authorised Capital Raised – From ₹25 Cr to ₹30 Cr.
2. Preferential Issue –
• 12,35,390 Equity Shares at ₹863.17 each (₹106.63 Cr).
• 11,65,000 Convertible Warrants at ₹863.17 each (₹100.55 Cr), convertible within 18 months.
3. QIP (Qualified Institutional Placement) – Plan to raise up to ₹200 Cr.
@beatthestreet10
Prataap Snacks new owners feel the crunch, explore exit options as growth turns stale - The Economic Times https://share.google/CSHeNTJP9Rb52zLrj
CEAT: CO EXPECTS 10–15% TOPLINE BOOST FROM CAMSO INTEGRATION – BS
Ceat acquired Michelin’s Camso brand for $225 million in December 2024.
The integration is underway and expected to add 10–15% topline growth on FY25 revenue base of ₹13,218 crore.
Profitability gains will take 4–6 quarters as synergies materialize.
The acquisition expands Ceat’s presence in the global off-highway tyres segment.
@beatthestreet10
ZEE ENTERTAINMENT: COMPANY’S MARKET SHARE RISES TO 18.2% IN JULY, HIGHEST IN 4 YEARS
As per BARC data, Zee Entertainment’s linear TV market share touched 18.2% in July 2025, its highest since 2021.
Market share stood at 16.8% in FY23, 17.1% in FY24, and 16.8% in FY25, showing a clear rebound in July.
Growth was driven by strategic content push and regional dominance in Karnataka, Tamil Nadu, and West Bengal.
The company operates 50 domestic channels with content in 11 languages.
@beatthestreet10
COCHIN SHIPYARD: JAPAN’S MOL IN TALKS TO BUILD SHIPS IN INDIA
Mitsui OSK Liners (MOL), the world’s second-largest shipping firm, is exploring shipbuilding opportunities in India.
MOL operates a global fleet of 935 vessels, with 13 ships already re-registered in India.
The company sees India as a key growth market and is supported by the government’s shipping subsidy scheme to promote local shipbuilding.
L&T TECH: LTTS PARTNERS WITH SIMA.AI TO DRIVE AI IN MOBILITY, HEALTHCARE & ROBOTICS
L&T Technology Services (LTTS) has partnered with Silicon Valley-based SiMa.ai, a leader in Physical AI.
The collaboration will co-develop AI solutions in mobility, industrial automation, robotics, and healthcare.
SiMa.ai’s MLSoC ONE platform and SDK will be integrated with LTTS’ engineering and design expertise.
The tie-up aims to accelerate AI adoption and scale applications across industries globally
MANAPPURAM FINANCE: 18.9 LK SHARES CHANGE HANDS IN PRE-MARKET LARGE TRADE
A total of 18.9 lakh shares of Manappuram Finance were traded in a large trade during the pre-market session.
Details of buyer and seller were not immediately disclosed.
BREAKING: TRUMP MENTIONS AN "EMERGENCY MEETING" TOMORROW ON THE TARIFF RULING
SHRIRAM FINANCE: 22.8 LK SHARES CHANGE HANDS IN PRE-MARKET LARGE TRADE
A total of 22.8 lakh shares of Shriram Finance were traded in a large trade during the pre-market session.
Details of buyer and seller were not immediately disclosed.
ACME SOLAR: CO. WINS 50 MW FDRE PROJECT FROM TATA POWER
Acme Solar has secured a 50 MW Firm & Dispatchable Renewable Energy (FDRE) project from Tata Power Distribution at a tariff of ₹4.43/unit.
The project will use a solar plus battery energy storage mix to ensure reliable supply, with performance norms of 40% CUF annually and 90% monthly peak-hour availability.
The project has a 25-year contract period and a 24-month timeline from PPA signing.
PRATAAP SNACKS: CO MAY SEE OWNERSHIP CHANGE; HALDIRAM, ITC EYE STAKE – ET REPORT
Authum Investments and Madhusudan Kela may sell their stakes in Prataap Snacks.
Haldiram and ITC are reportedly in talks to acquire the stake.
The company has been facing growth slowdown and rising competition, while still dependent on ₹5 snack packs.
RELIANCE IND: RELIANCE TO RAISE $2B VIA ASSET-BACKED SECURITIES – ET REPORT
Reliance plans to raise $2 billion (₹180 bn) through asset-backed securities.
The issue will be backed by loans from its infrastructure and telecom divisions.
Tenure of the securities will range between 3–5 years, with Barclays Plc arranging the deal.
KOTAK BANK, IDBI BANK: KOTAK MAHINDRA BANK SAID TO BE BACK IN DISCUSSIONS WITH GOVT ON IDBI STAKE SALE – NDTV PROFIT
Kotak Mahindra Bank is in active talks with the government and may submit a bid for IDBI Bank next quarter.
Other interested bidders include NBD Emirates and Fairfax Financial.
Due diligence for IDBI Bank is reported to be in the final stages.
INDIGO: AXIS CAPITAL MAINTAINS ADD, HIKES TARGET PRICE TO ₹6,450 FROM ₹6,350
Axis Capital reiterated its Add rating on IndiGo with a revised target price of ₹6,450.
Brokerage noted IndiGo’s sustained lead over peers and strong yield performance on key routes.
Falling ATF spreads are expected to offset part of the impact from INR depreciation.
FY26–28 EBITDAR estimates raised by ~4% on stronger yield outlook.
SYRMA SGS TECH: MANAGEMENT SAYS JV WITH ELEMASTER TO TARGET RAILWAYS, INDUSTRIAL AND MEDICAL CUSTOMERS
JV will manufacture low-cost, high-quality products for railways, industrial and medical sectors.
Management expects double-digit margins and revenue potential of ₹200 crore by FY27.
Indian railway sector seen as a key growth driver.
Company also plans ₹200–300 crore capex over next 2–3 years for bare PCB project.
KALYAN JEWELLERS: WARBURG PINCUS IN TALKS TO BUY ~10% STAKE IN CANDERE FOR ₹800–850 CR – REPORTS
Warburg Pincus is in discussions to acquire around 10 percent stake in Candere, Kalyan Jewellers’ lifestyle jewellery brand.
Deal size expected at ₹800–850 crore.
Talks are at an early stage, subject to due diligence and final agreements.
SARVESHWAR FOODS: SIGNS TECHNOLOGY MOU WITH GERMANY’S FOODTECH SOLUTIONS
Company signed MoU with Foodtech Solutions GmbH for advanced rice processing technology.
Includes reusable cocoons for CO₂ treatment to extend shelf life and smoke generator for flavour enhancement.
Technology to be used in both domestic and export markets.
Financial terms of the agreement have not been disclosed.
SARVESHWAR FOODS: INKS TECHNOLOGY MOU WITH GERMANY’S FOODTECH SOLUTIONS
Company signed MoU with Foodtech Solutions GmbH for advanced rice processing technology.
Includes reusable cocoons for CO₂ treatment to extend shelf life and smoke generator for flavour enhancement in exports.
Technology aimed at premium international rice markets to boost product competitiveness.
Financial terms of the agreement have not been disclosed.
CLSA: SEES 75 BPS US RATE CUT IN NEXT 1–1.5 YEARS; POSITIVE ON INDIAN IT SECTOR
CLSA expects US Fed to cut rates by 75 bps over the next 12–18 months.
Sees 10–15% valuation multiple expansion for Indian IT firms, with potential discretionary demand revival across sectors.
Positive on Persistent Systems and Tech Mahindra.
Rates TCS, Infosys, HCLTech, Wipro as Outperform; LTIMindtree at Hold.
SHREE DIGVIJAY CEMENT: CO. TO EXPLORE STRATEGIC ALLIANCE WITH HI-BOND
Company is considering a long-term strategic partnership with Hi-Bond Cement (India) Pvt Ltd.
The plan may include exclusive distribution rights for Hi-Bond’s products.
Other potential collaborations with Hi-Bond are also being evaluated.
Board will review the proposal on 4 September 2025.
GLENMARK PHARMACEUTICALS: INVESTEC MAINTAINS BUY, SETS TARGET PRICE ₹2510
Investec cites successful Abbvie licensing as a growth driver.
STAR-0310 is seen as the next milestone for the company.
Clearance of the US Monroe facility and niche approvals in the US are additional triggers.
NSDL: ONE-MONTH SHAREHOLDER LOCK-IN ENDS, 7.5 MN SHARES TO BE FREED FOR TRADING
The lock-in period ends today, releasing 7.5 million shares into the market.
This represents about 4 percent of the company’s outstanding equity.
SRI LOTUS: 7.9 MN SHARES TO FREE UP AS SHAREHOLDER LOCK-IN ENDS
A total of 7.9 million shares will become available for trading.
This represents around 2 percent of the company’s outstanding equity.
M&B ENGINEERING: 3.8 MN SHARES WORTH ₹164.9 CR TO UNLOCK AS LOCK-IN ENDS WEDNESDAY
A total of 3.8 million shares will be available for trading.
The unlocked shares are valued at ₹164.9 crore.
TBO TEK UP 12 % ON ACQUISITION WHICH HELPS CO. FORAY INTO NORTH AMERICA MARKET
INDUS TOWER DOWN 3 % ON AFRICA FORAY , CLSA CUTS TARGET
STRONG MOMENTUM; VIMTA LAB AGAIN 6 % Up
CUPID DOWN 6 % FROM INTRADAY HIGH DESPITE ORDER WIN
NOTE : STOCK RALLIED YESTERDAY'S SESSION
AUTO , FMCG, AC & ELECTRONIC ; 2-DAY GST COUNCIL MEET STARTS TODAY
FMCG, QSR : HDFC AMC CEO Says Consumption Sector Is Experiencing Positive Sentiment
CONSUMPTION ; HDFC AMC CEO Says Consumption Sector Is Experiencing Positive Sentiment
MAN INDUSTRIES: BAGS ₹1,700 CR EXPORT ORDER
The company has secured an international export order worth about ₹1,700 crore for supply of coated pipes.
Delivery is scheduled within 6–12 months.
With this, the total unexecuted order book stands at around ₹4,700 crore.
World Gold Council to launch digital form of gold: FT
INDUS TOWER EXTENDS LOSSES , DOWN 5 %
ZERODHA USERS FACING TECHNICAL GLITCH
MPHASIS CEO Says 2-3 Segments Of Co Have Macro-Related Risks
MPHASIS CEO Says Some Of The Tariff Fears Tampered On The Back Of Growth
Sarveshwar Foods Limited entered into an Memorandum of Understanding (“MOU”) with Foodtech Solutions GmbH
Technology for manufacturing of in house reusable Cocoons for carbon dioxide treatment of organic rice to increase shelf life and prevent cross contamination in India.
2. Technology of Smoke generator for giving rice smoky flavour and texture for exporting them to offshore markets.
ZYDUS WELLNESS Management says Post Aqcn Of RiteBite Last Year, We Saw Space In Vitamins, Minerals & Supplements - CNBCTV18
ZYDUS WELLNESS says Hope To Look At Further Improvement In Margin
CEAT Management says We Can Now Offer Much Bigger Basket Of Products To OEMS - NDTV PROFIT
CEAT MANAGEMENT ON CAMSO BUY , Says We Can Now Offer Much Bigger Basket Of Products To OEMS
Bessent to Start Fed Chair Interviews on Friday
PIRAMAL PHARMA: JM REITERATES BUY, NOTES BIG CONTRACT WIN FROM NEW AMSTERDAM
Piramal Pharma has secured a large contract from New Amsterdam, which could scale up similar to the earlier Pfizer order.
JM Financial has raised its FY27 and FY28 EBITDA estimates by 4% and 7% respectively.
CEAT: ACQUISITION OF MICHELIN’S CAMSO GROUP IN SRI LANKA TO BOOST TURNOVER BY 10%
Company said the acquisition will immediately raise turnover by 10%.
Management expects double-digit growth in FY26 following the integration.
CEAT: MANAGEMENT SAYS WILL CONTINUE TO LOOK FOR MORE ACQUISITION OPPORTUNITIES
The CAMSO deal was structured as 70 percent debt and 30 percent equity.
Tyres made by CAMSO are largely sold in Europe and North America, according to NDTV Profit.
ITC, GODFREY PHILLIPS, VST INDUSTRIES: GST ON CIGARETTES AND TOBACCO PRODUCTS LIKELY TO BE LEVIED ON MRP INSTEAD OF BASE PRICES
Proposal suggests 40 percent GST on SIN goods to be applied on MRP basis.
GST Council is likely to take a decision on this in the upcoming meeting.
ZERODHA APP GLITCH RESOLVED, Rates Are Now Updating On The Zerodha Mobile Application
JSW CEMENT: CHARTS PAN-INDIA EXPANSION; TARGET 41.9 MT CAPACITY
Company to raise grinding capacity from 20.6 MTPA to 41.85 MTPA.
Greenfield projects include Sambalpur, Nagaur, Talwandi Sabo, Vijayanagar Phase 2, Hatta, and Uttar Pradesh.
Brownfield expansions planned at Vijayanagar Phase 1 and Dolvi.
Most projects expected to commission by CY2028, strengthening presence across all regions.
VIKRAN ENG TO LIST WITH 2.07 % STAKE ON NSE
ANLON HEALTHCARE TO LIST WITH 1.1 % GAINS ON NSE
JSW CEMENT: Q1 CAPEX UPDATE; PROJECTS PROGRESSING WELL AT NAGAUR, SAMBALPUR & TALWANDI SABO
Nagaur unit (Rajasthan) with 3.3 MTPA clinker and 2.5 MTPA grinding capacity is progressing, with equipment deliveries and erection underway.
Sambalpur grinding unit (Odisha) of 1.0 MTPA capacity is nearly complete, with trial runs ongoing.
Talwandi Sabo unit (Punjab) of 2.75 MTPA has received environmental clearance, with major packages ordered and engineering in progress.
KAYNES, SYRMA SGS, HCL INFOSYSTEMS, CG POWER, MOSCHIP TECH: IT MINISTER SAYS INDIA POISED TO EMERGE AS SEMICONDUCTOR HUB
IT Minister stated that over the next decade, India’s semiconductor units will achieve maturity and scale.
He added that the country is expected to become a competitive hub for the entire semiconductor value chain.
New record high in gold - USD 3,546.9600/oz , GOLD Prices up 35% in 2025 so far
GLOBAL BROKERAGES: GOLD PRICE FORECAST RAISED TO $3,600–$3,700/oz
Standard Chartered and Goldman Sachs expect gold to reach $3,700/oz.
JPMorgan forecasts $3,675/oz, while Bank of America targets $3,650/oz.
Citi projects gold slightly lower at $3,600/oz.
NIFTY RECOVERED 75 PTS FROM INTRADAY LOWS

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