Market View 2nd September, 2025

View on market: Volatility persists, eagerly searching for growth:

In Asia, trading opened with modest gains. Technology and artificial intelligence shares remained in focus after a strong performance from a leading Chinese technology company. Japan and South Korea bounced back after recent losses, while Australian shares held steady. Hong Kong’s market, however, saw a small dip as investors stayed cautious. Global markets showed a positive tone in early Asian trading, with US and European futures inching higher. Attention is turning to key events in India, where the Prime Minister is set to open a major technology and semiconductor conference in New Delhi. Singapore’s leader is also visiting India this week, underlining the growing regional cooperation. Indian stock markets recovered after several days of weakness, with both major benchmarks closing higher. Buying interest was seen across sectors, lifting overall sentiment. Overall, the market mood is stabilizing, with investors closely watching technology trends and upcoming events in India for direction.

Economic Calendar:

• USD: S&P Global Manufacturing PMI (Aug) on 02^nd September 2025.
• IND: S&P Global Services PMI (Aug) on 03^rd September 2025.
• USD: Mortgage Market Index Data on 03^rd September 2025.
• IND: Foreign Reserves (USD) on 03^rd September 2025.

Company	Open	Close	Price (Rs/-)	View
Amanta Healthcar Ltd	Sept 01st	Sept 03rd	120-126	May Apply

Brokerage Radar:

CLSA ON BAJAJ FINANCE:

Target Rs 1,150 Recommendation Outperform, Positive momentum, Sanguine on medium-term loan growth, Focus on integrating Al across its business, Impact of repo rate cuts has started flowing through.

NUVAMA ON ASIAN PAINTS:

Maintain buy target: Rs 2,935, priority is to protect mkt share with 18-20% ebitda margin in the mid-to-long term, demand is stabilising & a gradual revival is likely, rural is strong; Urban Showing Steady Signs Of Recovery, Competition Is Rationalising, RM Costs Are Benign & Likely To Stay Stable Through FY26.

MOFSL ON PHOENIX MILLS:

Upgrade buy target: Rs 2,044, commissioning of new malls to drive growth beyond fy27, est 21% cagr in retail rental income over fy25-27 to reach `2,800 cr by fy27, office portfolio to surge 3x!, Hotel Segment To Benefit From Strong Momentum.

NUAVAMA ON REAL ESTATE:

NUAVAMA on Real Estate: Mumbai registrations softened in Aug’25, Registrations down 3% YoY / 11% MoM to 11,230 units in Aug’25, Value of registrations down 6% YoY / 11% MoM to 16,700cr, impacted by severe rainfall, Despite dip, Aug’25 marked 2nd highest-ever August by units and value.

International Markets:

U.S & Europe:

*As per 02^nd September.

**As per 01^st September

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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