Summary of the Day's Market Performance

• Indian equity indices ended lower on September 5, with the Nifty falling below the 25,150 mark. The Sensex was down by 151.48 points or 0.18% to close at 82,201.16, while the Nifty lost 53.60 points or 0.21% to finish at 25,145.10.

• The BSE Midcap index gained 0.3%, and the Smallcap index rose 0.5%, showing strength in broader markets even as benchmark indices struggled.

Performance of Key Sectors

• Gainers: Buying was observed in the Metal, IT, Telecom, and Media sectors, helping limit the market's decline.

• Losers: Capital Goods, Power, Oil & Gas, and Realty sectors saw selling pressure, pulling down the overall market sentiment.

Market Transactions:

• 📉FII Sold: -688.69 cr.

• 📈DII Bought: 2,970.74cr.

"Despite gains in midcaps and small-caps, investor sentiment was subdued due to concerns over global macroeconomic conditions and domestic regulatory challenges. While select stocks like Zomato and Premier Energies outperformed, sectoral weakness in capital goods and power weighed on the broader indices."

Key Stock Movements and News

• Top Gainers: Titan Company, LTIMindtree, Wipro, BPCL, and ITC were the top gainers on the Nifty, benefiting from positive momentum in their respective sectors.

• Top Losers: Coal India, Britannia Industries, Cipla, Dr. Reddy's Laboratories, and Reliance Industries led the declines, reflecting weakness in broader market sentiment.

• SEBI Protest: SEBI employees staged a protest at the Mumbai headquarters, calling for the resignation of Chairperson Madhabi Puri Buch. In a letter to the Finance Ministry, employees cited 'immense pressure' and a 'stressful and toxic work environment' at the regulator.

• Linde India (+3%) surged to a record high after agreeing to acquire Tata Steel’s industrial gas supply assets in Odisha.

• Zomato (+8%) rallied intraday as JP Morgan sees a potential +33% upside from current levels.

• Easy Trip Planners (+10%) jumped after announcing its foray into EV manufacturing, marking a diversification from its core business.

• Suzlon Energy executed a conveyance deed with OE Business Park for the sale of its One Earth Property (corporate office) for Rs 440 crore.

• Aerolloy Technologies, a wholly-owned subsidiary of PTC Industries, received an order from Israel Aerospace Industries, showcasing its expanding global footprint.

• Premier Energies (+19%) soared after bagging a Rs 215 crore order to supply solar water pumps to Uttar Pradesh, driving strong investor interest.

• Zeal Global Services incorporated a subsidiary in the UAE, marking its international expansion.

• Alembic Pharmaceuticals received USFDA approval, signaling continued growth in the US market.

• Nazara Technologies partnered with the Government of Telangana to launch the Nazara AI Center of Excellence, highlighting its focus on cutting-edge technology in gaming.

• Ashoka Buildcon Ltd.- Given monthly breakout today with huge volumes. expect it to cross 300

"As domestic markets face pressure from global cues and local concerns, investors are advised to focus on stock-specific opportunities, particularly in sectors like IT, metals, and telecom. Broader indices may continue to take direction from global developments in the near term."

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Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered financial advice.

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