• **Titan Company:** Domestic sales increased by 18% in Q2, down from 25% last year due to high gold prices affecting demand for jewellery.
• **Tata Motors:** Jaguar Land Rover's wholesales decreased by 24.2% to 66,165 units in Q2, with retail sales down 17.1% to 85,495 units.
• **JSW Steel:** The Supreme Court will not dismiss the money laundering case tied to the illegal mining activities of Obulapuram Mining Company.
• **CONCOR:** Will transport bulk cement for UltraTech Cement using specialized tank containers, shifting from roadways to railways.
• **Bajaj Finserv:** Announced rebranding of its insurance divisions as Bajaj General Insurance and Bajaj Life Insurance.
• **IDBI Bank:** The government is optimistic about finalizing the IDBI Bank stake sale within this financial year.
• **Bajaj Auto:** Received a tax demand exceeding ₹3.5 crore from authorities in Assam.
• **Godrej Consumer Products:** Expects mid-single digit revenue growth in Q2FY26, with GST reductions likely to boost volume growth.
• **Paytm:** Plans a significant rebranding initiative focusing on artificial intelligence, as stated by its founder and CEO, Vijay Shekhar Sharma.
• **KPIT Technologies:** Increased stake in N-Dream by 62.9% through KPIT Technologies (UK), totaling 88.9% for €16.35 million.
• **Tata Motors:** Jaguar Land Rover's wholesales decreased by 24.2% to 66,165 units in Q2, with retail sales down 17.1% to 85,495 units.
• **JSW Steel:** The Supreme Court will not dismiss the money laundering case tied to the illegal mining activities of Obulapuram Mining Company.
• **CONCOR:** Will transport bulk cement for UltraTech Cement using specialized tank containers, shifting from roadways to railways.
• **Bajaj Finserv:** Announced rebranding of its insurance divisions as Bajaj General Insurance and Bajaj Life Insurance.
• **IDBI Bank:** The government is optimistic about finalizing the IDBI Bank stake sale within this financial year.
• **Bajaj Auto:** Received a tax demand exceeding ₹3.5 crore from authorities in Assam.
• **Godrej Consumer Products:** Expects mid-single digit revenue growth in Q2FY26, with GST reductions likely to boost volume growth.
• **Paytm:** Plans a significant rebranding initiative focusing on artificial intelligence, as stated by its founder and CEO, Vijay Shekhar Sharma.
• **KPIT Technologies:** Increased stake in N-Dream by 62.9% through KPIT Technologies (UK), totaling 88.9% for €16.35 million.
TCS cancels Q2 earnings press conference as the date clashes with Ratan Tata's anniversary
• Nifty displays rejection near 25,190, indicating profit booking after a rise.
• A small bearish candle with a long upper wick shows selling pressure at higher levels.
• Holding above 25,000 is crucial for maintaining bullish momentum; breaking below may indicate further weakness.
• Currently consolidating near the 25,000 zone; the 50SMA serves as immediate support.
• Sustaining above 25,000–25,020 could attract new buying interest.
• Falling below the 50SMA may lead to short-term weakness.
• Key levels to watch:
- Resistance:
- 25,190-25,200 (Immediate intraday)
- 25,350 (Next resistance zone)
- Support:
- 25,000 (Immediate intraday)
- 24,800 (Next potential intraday support zone)
• A small bearish candle with a long upper wick shows selling pressure at higher levels.
• Holding above 25,000 is crucial for maintaining bullish momentum; breaking below may indicate further weakness.
• Currently consolidating near the 25,000 zone; the 50SMA serves as immediate support.
• Sustaining above 25,000–25,020 could attract new buying interest.
• Falling below the 50SMA may lead to short-term weakness.
• Key levels to watch:
- Resistance:
- 25,190-25,200 (Immediate intraday)
- 25,350 (Next resistance zone)
- Support:
- 25,000 (Immediate intraday)
- 24,800 (Next potential intraday support zone)
• Daily Chart Analysis:
- Bank Nifty closed with a bearish candle with wicks, indicating trend indecision.
- Needs to break above 56,500 to trigger fresh buying.
- Immediate support is at 55,850.
• 1-Hour Chart Analysis:
- Displayed weakness early, moving sideways while holding support at 55,850.
- Strong support continues at 55,850; immediate resistance at 56,300.
- Must hold above the 50SMA to maintain a bullish bias; a break below could lead to further weakness.
• Key Levels to Watch:
- **Resistance:**
- 56,300 – Immediate resistance zone
- 56,500 – Next resistance zone
- **Support:**
- 55,850 – Immediate intraday support zone
- 55,300 – Next support zone
- Bank Nifty closed with a bearish candle with wicks, indicating trend indecision.
- Needs to break above 56,500 to trigger fresh buying.
- Immediate support is at 55,850.
• 1-Hour Chart Analysis:
- Displayed weakness early, moving sideways while holding support at 55,850.
- Strong support continues at 55,850; immediate resistance at 56,300.
- Must hold above the 50SMA to maintain a bullish bias; a break below could lead to further weakness.
• Key Levels to Watch:
- **Resistance:**
- 56,300 – Immediate resistance zone
- 56,500 – Next resistance zone
- **Support:**
- 55,850 – Immediate intraday support zone
- 55,300 – Next support zone
• Coal India Ltd (CIL) and IRCON International have signed a non-binding Memorandum of Understanding (MoU) to collaborate on the development of rail infrastructure for CIL and its subsidiaries.
• Lupin Ltd plans to invest $250 million in establishing a new pharmaceutical plant in Florida aimed at enhancing U.S. medicine production.
• Lupin Ltd plans to invest $250 million in establishing a new pharmaceutical plant in Florida aimed at enhancing U.S. medicine production.
Donald Trump: చైనాపై ట్రంప్ మరోసారి ‘టారిఫ్’ బాంబు... 100 శాతం సుంకాల ప్రకటన
చైనాపై అదనంగా 100 శాతం టారిఫ్లు ప్రకటించిన ట్రంప్
అధ్యక్షుడు షీ జిన్పింగ్తో సమావేశం రద్దు చేసుకుంటానని హెచ్చరిక
రేర్ ఎర్త్ ఖనిజాల ఎగుమతిపై చైనా ఆంక్షలకు ప్రతిచర్య
నవంబర్ 1 నుంచి అమల్లోకి రానున్న కొత్త సుంకాలు
ట్రంప్ ప్రకటనతో తీవ్రంగా పతనమైన అమెరికా స్టాక్ మార్కెట్లు
ప్రపంచాన్ని చైనా బందీగా మార్చాలని చూస్తోందని ట్రంప్ ఆరోపణ
అమెరికా, చైనా మధ్య వాణిజ్య యుద్ధం మరోసారి తీవ్రరూపం దాల్చింది. చైనా నుంచి దిగుమతయ్యే వస్తువులపై అదనంగా 100 శాతం సుంకాలు విధిస్తున్నట్లు అమెరికా అధ్యక్షుడు డొనాల్డ్ ట్రంప్ శుక్రవారం సంచలన ప్రకటన చేశారు. అంతేకాకుండా, చైనా అధ్యక్షుడు షీ జిన్పింగ్తో జరగాల్సిన కీలక సమావేశాన్ని రద్దు చేసుకుంటానని తీవ్ర హెచ్చరికలు జారీ చేశారు. ఈ పరిణామంతో ప్రపంచ మార్కెట్లలో ఒక్కసారిగా ఆందోళన నెలకొంది.
రేర్ ఎర్త్ ఖనిజాల ఎగుమతిపై చైనా ఆంక్షలు.. ప్రతీకార చర్యలకు దిగిన ట్రంప్
రేర్ ఎర్త్ ఖనిజాల ఎగుమతులపై చైనా ఆంక్షలు విధించడాన్ని తీవ్రంగా పరిగణించిన ట్రంప్, ప్రతీకార చర్యలకు దిగారు. చైనా చర్యలను "తీవ్రమైన దూకుడు"గా అభివర్ణించిన ఆయన, నవంబర్ 1 నుంచి కొత్త టారిఫ్లు అమల్లోకి వస్తాయని స్పష్టం చేశారు. కేవలం టారిఫ్లే కాకుండా, అమెరికా నుంచి చైనాకు ఎగుమతి చేసే "అన్ని రకాల కీలక సాఫ్ట్వేర్లపై" కూడా నియంత్రణలు విధిస్తున్నట్లు తన ‘ట్రూత్ సోషల్’ ఖాతాలో వెల్లడించారు. "చైనా ఇలాంటి చర్య తీసుకుంటుందని నమ్మడం అసాధ్యం, కానీ వారు చేశారు," అని ఆయన వ్యాఖ్యానించారు.
ఈ నెలాఖరులో దక్షిణ కొరియాలో జరగనున్న ఆసియా-పసిఫిక్ ఎకనామిక్ కోఆపరేషన్ (ఏపీఈసీ) సదస్సులో షీ జిన్పింగ్తో తాను సమావేశం కావాల్సి ఉందని ట్రంప్ గుర్తుచేశారు. "రెండు వారాల్లో నేను అధ్యక్షుడు షీని కలవాల్సి ఉంది. కానీ, ఇప్పుడు ఆ సమావేశానికి వెళ్లడానికి కారణమే కనిపించడం లేదు" అని ఆయన పేర్కొన్నారు. ట్రంప్ మళ్లీ అధికారంలోకి వచ్చిన తర్వాత ఇరు దేశాధినేతల మధ్య జరగాల్సిన తొలి సమావేశం ఇదే కావడం గమనార్హం.
ట్రంప్ ప్రకటనతో కుప్పకూలిన అమెరికా స్టాక్ మార్కెట్లు
ప్రపంచవ్యాప్తంగా స్మార్ట్ఫోన్లు, ఎలక్ట్రిక్ వాహనాల నుంచి సైనిక పరికరాల తయారీ వరకు రేర్ ఎర్త్ ఖనిజాలు అత్యంత కీలకం. వీటి ఉత్పత్తిలో చైనా ఆధిపత్యం చెలాయిస్తోంది. ఈ నేపథ్యంలో "ప్రపంచాన్ని బందీగా పట్టుకోవడానికి చైనాను అనుమతించకూడదు" అని ట్రంప్ వ్యాఖ్యానించారు. ట్రంప్ ప్రకటన వెలువడిన వెంటనే అమెరికా స్టాక్ మార్కెట్లు కుప్పకూలాయి. నాస్డాక్ 3.6 శాతం, ఎస్&పి 500 సూచీ 2.7 శాతం నష్టపోయాయి. ఇప్పటికే చైనా వస్తువులపై అమెరికా 30 శాతం సుంకాలు విధిస్తుండగా, చైనా ప్రతిగా 10 శాతం టారిఫ్లు అమలు చేస్తోంది. తాజా నిర్ణయంతో ఇరు దేశాల మధ్య వాణిజ్య సంబంధాలు మరింత దిగజారే ప్రమాదం ఏర్పడింది.
🇨🇳 China hits back at U.S. over new trade restrictions
👉🏻 Chinese Embassy in the U.S. said it “does not want a trade war but isn’t afraid of one.”
🔹 Accused Washington of introducing multiple restrictive measures in just 20 days — adding firms to the #EntityList and #SpecialDesignatedNationalList, and expanding #AffiliatesRule scope.
🔹 Criticized the U.S. for ignoring China’s concerns while tightening #Section301 controls on maritime, logistics, and shipbuilding sectors.
🔹 Warned that if the U.S. continues on this path, China will take “resolute measures” to protect its rights and interests.
👉🏻 Chinese Embassy in the U.S. said it “does not want a trade war but isn’t afraid of one.”
🔹 Accused Washington of introducing multiple restrictive measures in just 20 days — adding firms to the #EntityList and #SpecialDesignatedNationalList, and expanding #AffiliatesRule scope.
🔹 Criticized the U.S. for ignoring China’s concerns while tightening #Section301 controls on maritime, logistics, and shipbuilding sectors.
🔹 Warned that if the U.S. continues on this path, China will take “resolute measures” to protect its rights and interests.
Trump on Truth social
Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment.
He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!! President DJT
Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment.
He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!! President DJT
Global Market News
Asian stocks rebounded after three consecutive days of losses,
driven by optimism about a potential Federal Reserve interest
rate cut.
The positive sentiment outweighed concerns over renewed US China trade tensions.
US equities ended mixed on Tuesday as investors processed mostly positive quarterly results from major U.S. banks.
Market reactions were influenced by Federal Reserve Chair Jerome Powell’s comments and ongoing tensions in the U.S.
China trade war.
The U.S. dollar weakened early Wednesday as Federal Reserve Chair Jerome Powell’s comments boosted expectations of an
interest rate cut this month.
Yields on 10-year and 2-year Treasuries fell slightly to 4.02% and 3.47%, respectively.
Asian stocks rebounded after three consecutive days of losses,
driven by optimism about a potential Federal Reserve interest
rate cut.
The positive sentiment outweighed concerns over renewed US China trade tensions.
US equities ended mixed on Tuesday as investors processed mostly positive quarterly results from major U.S. banks.
Market reactions were influenced by Federal Reserve Chair Jerome Powell’s comments and ongoing tensions in the U.S.
China trade war.
The U.S. dollar weakened early Wednesday as Federal Reserve Chair Jerome Powell’s comments boosted expectations of an
interest rate cut this month.
Yields on 10-year and 2-year Treasuries fell slightly to 4.02% and 3.47%, respectively.
Earnings Results Today
Axis Bank, HDFC Life Insurance Company, HDFC Asset
Management Company, HDB Financial Services, L&T Finance,
Angel One, Delta Corp, Heritage Foods, Indian Railway Finance
Corporation, KEI Industries, Mangalore Refinery and
Petrochemicals, Muthoot Capital Services, Network 18 Media &
Investments, Nuvoco Vistas Corporation, Oberoi Realty, Quick
Heal Technologies, Rossari Biotech, Tata Communications,
and Urja Global
Axis Bank, HDFC Life Insurance Company, HDFC Asset
Management Company, HDB Financial Services, L&T Finance,
Angel One, Delta Corp, Heritage Foods, Indian Railway Finance
Corporation, KEI Industries, Mangalore Refinery and
Petrochemicals, Muthoot Capital Services, Network 18 Media &
Investments, Nuvoco Vistas Corporation, Oberoi Realty, Quick
Heal Technologies, Rossari Biotech, Tata Communications,
and Urja Global
📊 AXIS BANK Q2 HIGHLIGHTS
💰 Net Credit Cost: 0.73% vs est. 1% 🟢🟢
📉 Slippages: ₹5,697 Cr ⬇️ 31% QoQ 🟢🟢
🔴 Write-Offs: ₹3,266 Cr ⬆️ 18% QoQ
📊 Net Slippages Ratio: 1.05% vs 2.33% QoQ 🟢🟢
💰 Net Credit Cost: 0.73% vs est. 1% 🟢🟢
📉 Slippages: ₹5,697 Cr ⬇️ 31% QoQ 🟢🟢
🔴 Write-Offs: ₹3,266 Cr ⬆️ 18% QoQ
📊 Net Slippages Ratio: 1.05% vs 2.33% QoQ 🟢🟢