Market View 12th September, 2025

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

Asian stock markets rose on Thursday, following gains in U.S. shares. MSCI’s Asia index increased for the seventh straight day and moved close to a record high. The rally came from hopes that the U.S. Federal Reserve may cut interest rates next week, after soft inflation numbers and signs of a weaker job market in the U.S. On Wall Street, all major indexes – the S&P 500, Nasdaq 100 and small-cap indices – hit new highs. U.S. 10-year Treasury yields briefly fell below 4%. Warner Bros. Discovery shares jumped 29% on talk of a possible bid from Paramount-Skydance. In India, the Nifty 50 rose 32.4 points (0.13%) to 25,005.50, marking its seventh day of gains and the strongest rally since April 2025. The Sensex closed up 123.58 points (0.15%) at 81,548.73. Key events ahead: SEBI Chairman Tuhin Kanta Pandey will speak in Mumbai after a board meeting, and India’s August inflation data (estimate 2.12%) is due at 4 p.m.

Economic Calendar:

• USD: Fed’s Balance Sheet on 12^th September 2025.
• IND: Bank Loan and Deposit Growth Rate on 12^th September 2025.
• USD: Export and Import Index Data on 16^th September 2025.
• IND: CPI on 12^th September 2025.

Company	Open	Close	Price (Rs/-)	View
Urban Company Ltd	Sept 10th	Sept 12th	98-103	May Apply
SHML	Sept 10th	Sept 12th	155-165	Apply
DevX	Sept 10th	Sept 12th	56-61	May Apply

 

Brokerage Radar:

Brokerage Radar:

INVESTEC ON LUPIN:

Target Rs 2265 Earlier Target Rs 2100 Recommendation Buy, Lupin is well placed to ride the upcoming GLP-1 opportunity in India, Well developed ecosystem around diabetes, cardiac, diagnostics, consumer, digital, Strong execution/consistent delivery in complex generics drive its US momentum.

DAM CAP ON INDUS TOWERS:

Target Rs 402 Earlier Target Rs 395 Recommendation Buy Capital allocation not a concern -Africa investments unikely to be value destructive, Dividends/buyback to resume, Jio tenancies to continue albeit at a lower rate, VI’s sustainability a question but not in near-term.

JEFFERIES ON GMR AIRPORT:

Target Rs 108 Recommendation Buy, From Airport Hubs to Commercial/Retail Platforms, Regulated EBITDA contribute <10% of SOTP; Consumer-linked biz at ~80% of value, GMR Airport Platform: Unlocking Value Beyond Airport Concessions, Peaking Leverage, Credit Rating upgrades.

CLSA ON SHRIRAM FINANCE:

Target Rs 735 Recommendation Outperform, Expect improvement in the second half of the fiscal year, Undertaking investments for future growth, Margins to recover as cost of funds benefit accrues, Asset quality to remain along expected lines.

International Markets:

U.S & Europe:

*As per 12^th September.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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