Summary of the Day's Market Performance

Market Overview

1. Sensex closed at 76,532.96, up 631.55 points (0.83%).

2. Nifty gained 205.85 points (0.90%), closing at 23,163.10.

3. Midcap index surged 2.5%, while the Smallcap index jumped 3.2%.

4. Sector Highlights

   • Media and IT stocks led the rally, driven by strong earnings expectations.

   • Midcap and smallcap stocks saw a relief rally as valuations stabilized.

   • FMCG sector remained under pressure due to profit-booking.

💸 Market Transactions:

• Foreign Institutional Investors (FII): ₹-2,586.43 crore (Net Sellers)

• Domestic Institutional Investors (DII): ₹1,792.71 crore (Net Buyers)

Foreign Institutional Investors (FII) continued selling, but Domestic Institutional Investors (DII) absorbed some selling pressure with net buying.

• Indian markets remained resilient ahead of the Union Budget, with expectations of pro-consumption and job-boosting measures.

• Midcap and smallcap stocks rebounded as key index valuations approached their 5-year average.

• Investors are now eyeing the FOMC meeting, where the Fed is expected to hold its hawkish stance on interest rates.

The midcap and smallcap rally was driven by attractive valuations and optimism around the Budget. Historically, these segments outperform when economic expansion policies are announced.

Key Stock Movements and News

• Top Gainers:

  • Shriram Finance, Bharat Electronics, Wipro, Tata Motors, SBI Life

• Top Losers:

  • Asian Paints, Maruti Suzuki, BPCL, Britannia Industries, ITC

1. Bajaj Finance: Net profit rose 17% YoY to ₹4,247 crore, backed by strong AUM expansion and stable NIMs.

2. Tata Motors: Q3 profit fell 22% YoY to ₹5,451 crore due to weaker margins and JLR slowdown.

3. Triveni Turbines: Shares gained after securing a ₹290-crore order from NTPC for an energy storage system.

4. Syrma SGS: Hit a 20% upper circuit after a strong Q3 performance.

5. KPIT Tech: Shares surged 12% as Q3 net profit rose 20%, prompting the company to raise margin guidance.

6. Anant Raj & Netweb Technologies: Locked in a 10% upper circuit, with both firms clarifying that DeepSeek’s new AI models pose no threat to their business.

7. Sugar stocks: Balrampur Chini, Shree Renuka, and others gained up to 7% after the government approved an ethanol price hike.

8. ITC Hotels: Made a disappointing debut, closing 5% lower at ₹174 per share.

9. AGI Greenpac: Crashed 17% after the SC rejected its resolution plan for Hindustan National Glass.

10. Denta Water And Infra Solutions: Listed at an 11% premium over its IPO price, closing 16% higher at ₹341 per share.

1. Bajaj Finance: Strong Q3 results and robust AUM expansion signal growth potential.

2. KPIT Tech: Raised margin guidance suggests a bullish outlook.

3. Triveni Turbines: ₹290 crore NTPC order boosts long-term growth prospects.

4. Sugar Stocks: Favorable ethanol policy could drive further upside.

5. Tata Motors: Near-term pressure due to JLR slowdown, but long-term growth intact.

Markets extended gains for the second straight session, driven by optimism around the Union Budget and Fed policy expectations. The rally was broad-based, with midcaps and small-caps rebounding sharply. FIIs continued selling, but DIIs provided some cushion. While the market sentiment remains positive, investors should stay cautious ahead of the key macroeconomic events.

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