Market View 11th August, 2025

View on market: Volatility persists, eagerly searching for growth

Asian markets opened with small gains as investors stayed cautious ahead of important economic data this week and a key deadline on whether US tariffs on Chinese goods will be extended. Australian stocks moved higher, while South Korea’s market was mixed. Japanese shares advanced strongly, and Hong Kong’s market also edged up. US and European futures were positive in early Asian trading. In the US, technology stocks led gains, with the Nasdaq 100 reaching a record high at the end of a week dominated by earnings results and tariff-related news. The S&P 500 also posted its strongest weekly performance in several weeks, while the Dow ended the week higher. Indian markets ended lower after starting the day in positive territory. The Nifty and Sensex both closed with losses, marking the longest weekly losing streak in over five years, as selling pressure weighed on investor sentiment.

Key Quarterly Results for Today:

AGIOPAPER, ASTRAL, BAJAJCON, BALPHARMA, BATAINDIA, BELRISE, BEML, BHARATWIRE, CELLO, DOLLAR, DRCSYSTEMS, EXICOM, GOLDTECH, GOODYEAR, IGPL, IPCALAB, ITL, JACKSON, JAFINANCE, JMFINANCIL, KAMDHENU, KPL, POEL, TECHCON, TITAGARH, TIMETECHNO, TRAVELFOOD WEBELSOLAR.

Economic Calendar:

• USD: Crore CPI (YoY) (MoM) (July) on 12^th August 2025.
• IND: CPI (YoY) (MoM) (July) on 12^th August 2025.
• USD: Crude Oil Inventories on 13^th August 2025.
• IND: WPI Inflation (YoY) (MoM) (July) on 14^th August 2025.

IPO Watch:

Brokerage Radar:

JEFFERIES ON TATA MOTORS:

Maintain Underperform; Cut TP to Rs 550 from Rs 600, Big Miss in Q1 amid Rising Headwinds; Q1 EBITDA falls to 10-quarter low, See multiple headwinds across businesses, JLR is facing increased competition and consumption tax in China, higher warranty costs and BEV transition, Key models are starting to age.

MACQUARIE ON VOLTAS:

Maintain Outperform with TP of Rs 1417, Disappointing quarter, High inventory remains near-term drag, Voltbek (white goods JV) continues to do well, Project and industrial machinery business delivered weaker than expected revenue growth.

MORGAN STANLEY ON SBI:

Maintain Equal-weight; Hike TP to Rs 885 from Rs 850, Q1: In-line core PPoP and good asset quality, RoA stays above 1% partly helped by treasury gains, Core PPoP was in-line despite lower rates, NII miss was offset by lower costs.

UBS ON HDB FINANCIAL:

Initiate Neutral with TP of Rs 790, Strong franchise, fairly valued, Forecast mid-teen AUM CAGR over FY25-28, Diversified portfolio with significant cyclicality, Asset quality direction near term most important.

International Markets:

U.S & Europe:

*As per 11^th August.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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