Equity99

Defence average market reverse back soon

Special Situation Stock ( Very High Conviction) Superb Results Aartech Solonic CMP 50 / 52 Test Resistance 62 / 68 / 75 Sl 37 Coming Days View Strong View

Special Situation Stock ( High Conviction ) Atlanta Electrical CMP 944 Test Resistance 965 / 975 / 995 Sl 895 Coming Days View Strong View

Ready To Break 75💲💲

Morning Alert.. *Rupee hits fresh low on outflows and US trade deal delay; bond yields ease* The rupee hit a fresh closing low of 90.37 per dollar on Thursday, pressured by foreign outflows from both bonds and equities. Uncertainty around the trade deal with the US also weighed on sentiment. The Indian unit slipped to a fresh intraday low of 90.49 before recovering some losses after the Reserve Bank of India intervened in the foreign exchange market through dollar sales, dealers said. The previous all-time closing low was on December 3 when it hit 90.20. The rupee, which depreciated 0.45 per cent on Thursday, is the worst-performing Asian currency this year, slipping 5.26 per cent against the dollar. “There were some outflows, and stop losses were triggered,” said a dealer at a state-owned bank. “In the middle of the day, there was some comment from a government official that a trade deal would happen by the end of March, which put downward pressure. The market was expecting the trade deal to be finalised by December,” he added. Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said India and the US have ironed out “most of their pending differences” on trade, and that a formal agreement could be in place by March 2026. *Global market action* Dow Jones – Up by 0.23% or 109.71 points FTSE – Up by 0.49% or 47.63 points CAC – Up by 0.78% or 63.07 points DAX – Up by 0.68% or 164.47 points Gift Nifty – Up by 0.42% or 109.50 points *FII/DII activities* FII – Sold 2020.94Cr worth of shares DII – Bought 3796.07Cr worth of shares. *Major Indian Indices PE* Nifty 50 – 22.6x Nifty Bank – 16.6x *Stocks with high delivery percentage* Rainbow Children Medicare Ltd – 93% Garware Technical Fibres Ltd – 91.1% Cohance Lifesciences Ltd – 82.7% Bajaj Housing Finance Ltd – 81.3% Indiamart Intermesh Ltd – 77.6% *Primary market activities* IPOs opening today Stanbik Agro Ltd (BSE SME) – Issue size 12.28Cr Exim Routes Ltd (NSE SME) - Issue size 43.73Cr ICICI Prudentail AMC Ltd (Main board) – Issue size 10602.65Cr Container Movers Ltd (NSE SME) - Issue size 71Cr Listing today Flywings Simulator Training Centre Ltd (NSE SME) – Subscribed 1.67x Encompass Design India Ltd (NSE SME) – Subscribed 2.19x Methodhub Software Ltd (BSE SME) – Subscribed 28.91x *Commodities updates* Gold – Rs 132422/10gm, Silver – Rs 198799/kg, Brcrude – Rs 5176/barrel, Copper – Rs 1111.40/kg.

Morning Alert.. *EU trade commissioner Sefcovic in Delhi for push on India-EU trade talks* European Union (EU) Trade Commissioner Maroš Šefčovič is in New Delhi for a two-day visit aimed at advancing talks on the proposed trade and investment agreements. With the year-end deadline fast approaching, Šefčovič held a meeting with his counterpart, Commerce and Industry Minister Piyush Goyal. He also met External Affairs Minister S Jaishankar. “In India for a two-day marathon of meetings with Piyush Goyal to advance our trade and investment negotiations. EU-India ties are growing fast — as they should between partners. But we’ve only scratched the surface. A commercially meaningful FTA would unlock enormous potential,” Šefčovič, who is the European Commissioner for Trade and Economic Security, said on X on Monday. A team, led by the European Commission’s Director General for Trade and Economic Security Sabine Weyand, is also in India to iron out differences on issues related to both goods and services. During an official round of talks last month, the commerce department had said that both sides saw ‘substantive progress’ across several negotiating areas and were able to narrow down the divergences. Common understanding arrived on many issues. Despite that, both sides still need to iron out differences in certain areas such as steel, carbon tax, automobiles and non-tariff barriers. The proposed deal is in the final stage, where the toughest issues will be taken up. “We are in the last leg of negotiations. The last leg is the most arduous leg of negotiations because these are the toughest things that are decided at the end,” commerce secretary Rajesh Agrawal had said in the past. *Global market action* Dow Jones – Up by 0.01% or 5.54 points FTSE – Down by 0.23% or 21.92 points CAC – Down by 0.08% or 6.31 points DAX – Up by 0.07% or 17.87 points Gift Nifty – Down by 0.31% or 80.00 points *FII/DII activities* FII – Sold 655.59Cr worth of shares DII – Bought 2542.49Cr worth of shares. *Major Indian Indices PE* Nifty 50 – 22.6x Nifty Bank – 16.6x *Stocks with high delivery percentage* Grindwell Norton Ltd – 91.8% Honeywell Automation India Ltd – 91.5% Global Health Ltd – 84.4% Metro Brands Ltd – 80% Balkrishna Industries Ltd – 79.9% *Primary market activities* Neochem Bio Solutions Ltd (NSE SME) – Subscribed 15.52x Helloji Holidays Ltd (BSE SME) – Subscribed 30.16x *Commodities updates* Gold – Rs 130025/10gm, Silver – Rs 181800/kg, Brcrude – Rs 5340/barrel, Copper – Rs 1096.95/kg.