Market View 13th August, 2026

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

Global markets are showing a positive trend as softer US inflation data reduced concerns about immediate Federal Reserve rate hikes. Asian equities advanced, supported by gains in Japan and South Korea. US stocks moved closer to record highs, with technology and chip stocks leading the recovery. However, European futures remained slightly weak during Asian trading hours. Investors are also watching bond markets closely as higher inflation and rising government borrowing continue to keep long-term yields elevated. The upcoming US bond auction will be an important indicator of investor demand. In India, benchmark indices ended lower in the previous session as investors remained cautious. Market sentiment was affected by uncertainty surrounding US-Iran tensions and efforts to restore shipping activity through the Strait of Hormuz. Overall, global sentiment remains positive, but geopolitical risks and elevated bond yields continue to limit market confidence.

Key Quarterly Results:

ALICON, AMBER, APEX, ARROWGREEN, AVANTIFEED, AXISCADES, BAJAJHIND, BALAJITELE, BIRLACAP, CENTUM, CESC, DENTA, DIACABS, ELCIDIN, ENGINERSIN, EXCELINDUS, FINOPB, FIRSTCRY, GALAXYSURF, GENUSPOWER, GOCLCORP, GODREJIND, HIKLASS, HINDALUMI, INDIGOPNTS, IPCALAB, JINDALPHOT, JINDALPOLY, JSWCEMENT, JTEKTINDIA, JUBLFOOD, KERNEX, MAHASTEEL, MAXHEALTH, MFSL, MINDACORP, MODISONLTD, OLECTRA, PAGEIND, POLYCHEM, RELAXO, SAMMAANCAP, SEAMECLTD, SOLARINDS, SPECTRUM, SRM, TAPARIA, TMPV, ZODIAC

Economic Calendar:

• USD: PPI and Continuing & Initial Jobless Claim Data on 13^th August 2026.
• IND: WPI and Passenger Vehicle Sales Data and Foreign Reserves Data and Bank Loan & Deposit Growth Rate on 14^th August 2026.
• USD: Retail Sales Data on 14^th August 2026.
• IND: Unemployment Rate and Export & Import Data on 17^th August 2026.

BROKERAGE RADAR:

JEFFERIES ON GRASIM:

Target ₹3910 Earlier Target ₹3600 Recommendation Accumulate, Standalone Business Momentum Accelerates, Sharp Q1 beat, with all segments outperforming, VSF & Chemicals rebounded on pricing tailwinds, while new biz continue to scale, Paints guiding for 50% YoY growth in FY27 & FY28 targets intact, B2B e-commerce is set to turn profitable by FY27-end.

MACQUARIE ON GMR AIRPORTS:

Target ₹125 Recommendation Outperform, Temporary traffic headwinds, structural story intact, Continue to see value creation shifting beyond traffic growth, Toward higher aero yields, non-aero monetisation and airport adjacencies, Near term focus remains on Hyderabad traffic recovery, Bhogapuram ramp-up, Nagpur integration and progress on real estate monetization.

JEFFERIES ON LENSKART:

Target ₹680 Earlier Target ₹600 Recommendation Accumulate, Authenticity Matters More Than Legacy, Q1 continues to build the story, with strong growth & sharp margin expansion, Market creation remains a top priority, with supply, rather than demand, being a key constraint in India, Company now plays at the bottom end with a fully loaded Rs 500 product, while a clear premiumization trend is visible, Margin improvement in international should put a key investor concern to rest.

CITI ON APOLLO HOSPITAL:

Target ₹10770 Recommendation Accumulate, Q1: Strong Execution Across Businesses, Hospitals EBITDA up 25% like for like, Despite the expansions, ROCE continues to remain strong at 28.5%, Company announced four new hospitals and now targets >5,800 beds addition over the next five years, Provides strong visibility on medium-term earnings growth, Apollo remains top India hospitals pick.

International Markets:

U.S & Europe:

*As per 13^th August.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

Source: Moneycontrol, Bloomberg Quint, Investing

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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