Market View 13th October, 2025

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

Asian stocks moved lower as investors questioned how long the trade truce would last after Donald Trump’s comments. Markets in South Korea and Australia fell, while futures signaled weakness for Hong Kong and China. In contrast, US and European futures edged higher after Trump tried to ease tensions with China’s president. This comes after a sharp fall in US markets at the end of last week, when major indexes recorded their worst session in months following Trump’s warning about China’s rare earth exports. In India, domestic markets managed to rise for the second day in a row as investors showed confidence despite global uncertainty. Attention is now on key economic events, including the release of inflation data and high-level diplomatic visits. The upcoming court hearing on Vodafone Idea’s case is also being closely watched. Overall, global markets remain cautious as trade relations and economic signals continue to drive investor sentiment.

Key Quarterly Results for Today:

ANANDRATHI, DEN, FGP, GANONPRO, GGAUTO, GGENG, GUJHOTE, HCLTECH, INDBANK, INDBNK, INDOTHAI, INLCM, JUSTDIAL, LOTUSCHO, SGFIN, POBS, STALLION, TOKYOFIN, TPHQ, UNISTRMU.

Economic Calendar:

• USD: CB Employment Trends Index (Sep) on 13^th October 2025.
• IND: CPI (Sep) on 13^th October 2025.
• USD: Import and Export Data on 15^th October 2025.
• IND WPI Inflation (Sep) on 14^th October 2025.

IPO Watch:

Brokerage Radar:

NUVAMA ON AVENUE SUPERMARTS:

Target Rs 4580 Earlier Target Rs 4544 Recommendation Hold, Margin pressure easing, but persists, Top-line growth momentum maintained, Co’s CWIP at Rs.1500 crs at the highest level, implying potentially robust store additions in next six months.

INVESTEC ON ADANI PORTS:

Initiate ‘Buy’ with a price target of Rs 1,715, indicating a 24% potential upside over the last closing. Runs 17 ports/ terminals in rapidly growing logistics and marine businesses Net moderated to 0.6x as of Mar-25 and project to be negligible by FY30E. International port volume should expand more than five times by FY30. Expects to deliver 13% EBITDA CAGR over FY25-30E from existing ports.

CITI ON KFIN TECHNOLOGIES:

Upgrade to ‘Buy’ from ‘Sell’ with a target price of Rs 1,215, indicating a potential upside of 16%. Mutual funds flows remain robust; Registrar and Transfer Agents positioned well. Concentration-led risk in MF lower, than CAMS. Benefits from lower pressure of tele-scopic pricing and higher share of smaller clientele. Key monitorable: new large client wins over mediumterm,

NUVAMA ON SKY GOLD AND DIAMONDS:

Initiate ‘Buy’ with a price target of Rs 450. Robust volume-led growth plans with capacities in place to double production. Advance gold scheme to free up working capital and improve gross margin. Shift to gold metal loans to cut interest costs and boost profit margins. Key risks: Low free cash flow and high client concentration.

International Markets:

U.S & Europe:

*As per 13^th October.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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