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Financial & Morning Market Updates- 15 May 25
Market was seen testing higher resistance levels of 24700 yesterday…and finally closed marginally up at 24600 levels
Tata Steel, Shriram Finance , BEL led the market with good gains. Asian paints, Tata motors were among highest losers.
India has displaced Japan to become the most preferred equity market in Asia , according to Bank of Americas latest Asia Fund manager survey.Japan which held top spot since long slipped to second and China is at 3rd place.
India’s Self reliance on semi conductors took a big leap forward as govt is set to roll out prototype of its indigenous graphics processing unit by end of 2025. Govt also announced HCL Group Foxconn semiconductor unit in Jewar.
India’s biggest Admission fair 2025 starts on 17 May at Bharat Mandapam , where India’s leading universities and colleges will be available for admissions.
Bhim payment app is giving Rs 30 cashback everyday for 30 days upto June 13 for UPI app use at Kirana, supermarket, Online grocery, online food and restaurants. So u can avail 900 cashback till 13 June.
Markets Today
US market closed in Red and all Asian Markets are down too.
Indian Markets may open in Green today.
Levels to keep eyes on
Bullish above 24750
Bearish below 24500
Indian markets may show positive momentum amidst easing Geo-political Tensions
Markets can cross 25000-25200 levels in short terms if breakout from 24750 levels happens.
India’s VIX which measures fear in market fell by 5.6% to settle at 17.18 levels.
Stock News
Vodafone Idea is rolling out 5G services in Delhi – NCR today. Besides this , Vodafone Idea is also launching 5G services in 17 other regions. Mumbai, Patna and Chandigarh already got 5G services by co last few days back.
Jubilant food Q4 profit jumps 93%.
Tata Power net profit rose by 16.5% in Q4
Torrent power Q4 net profit surged by 143%
Emkay Global gave BUY ratings for Tata Steel with tgt price of ₹185
ITC Hotels will declare their Q4 earnings today. This will be first seperate earnings post stock split with ITC.
Cochin Shipyard will be in limelight as they declare their Q4 earnings today. Stock has moved up nearly 40% in last 3 months
Indian Energy Exchange annouces dividend of Rs 1.5 per share
HAL net profit fell by 7.7% in Q4
Eicher motors net profit went up by 27% in Q4
HCL will be in focus today as govt announced new Semiconductor plant in Jewar .
IREDA files insolvency please against Gensol over Rs 510 cr default.
Global index provider MSCI has added Coromandel International and FSN E commerce (Nykaa) to its Global standard index in May 2025 semi annual index review. This will help trigger passive fund worth $400 million into these two stocks.
Muthoot finance reports 43% surge in Q4 net profit
Berger paints reports 18% rise in Q4 profits
Citi group has given BUY ratings for Bharti Airtel, with target price of Rs 1980.
Pains for Indusind may double, as probe finds unreported sale of Rs 200 cr insider share trade.
Kirloskar Q4 profit down by 9.9%
Gold/Silver
Gold prices slipped to new low at 95000 levels.
Silver remained flat at 98000 levels.
Happy Investing!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
