Market View 11th September, 2025

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

Asian stock markets showed a mixed trend on Thursday after a strong rally on Wall Street lifted both shares and bonds. Australian shares slipped, while Japanese stocks inched up and South Korea’s market reached a new peak. In the United States, futures moved slightly higher after the main equity benchmark closed at a fresh record the previous day. Technology shares stayed strong, supported by upbeat cloud business prospects at a major software company, which boosted the wider sector. Bond yields eased following a decline in producer prices for August, reinforcing expectations that the Federal Reserve may resume cutting interest rates soon. Political pressure for a larger rate cut also added to the discussion. In India, both major stock indices finished higher, following gains in information technology companies. Key events to watch include the visit of the Mauritius prime minister to India, government ministers’ participation in an energy conference and a major technology company’s plan to review a potential share buyback.

Economic Calendar:

• USD: Core CPI Data on 11^th September 2025.
• IND: Bank Loan and Deposit Growth Rate on 12^th September 2025.
• USD: Initial and Continuing Jobless Claim Data on 11^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:

MACQUARIE ON ADANI PORTS:

Target Rs 1760 Earlier Target Rs 1650 Recommendation Overweight, Investing for long-term growth, Well positioned to capitalise on India’s long-term trade potential, It has strategic presence and integration of logistics offerings, Resilience is supported by a diversified port and cargo mix, International volumes and logistics ramp-up would further drive growth.

CANTOR ON ADANI ENERGY:

Target Rs 1048 Earlier Target Rs 1650 Recommendation Overweight, Continues to grow across regulated and contracted transmission, increasing revenue from smart-meter annuities, and enhancing distribution efficiency.

CLSA ON TCS:

Target Rs 4279, No material change in the demand outlook due to global macro uncertainty, FY26 international growth is expected to be better than company overall growth, Infosys share buyback proposal can invigorate buyback talks at TCS too.

MOSL ON COAL INDIA:

MOSL maintains Buy on Coal India with a revised target price of Rs 450 (vs. Rs 480 earlier), Modest volume growth expected, but long-term thermal power dominance to remain intact, Earnings likely under pressure in FY26 due to muted power demand and higher captive/merchant mining share (Apr-Jul’25).

International Markets:

U.S & Europe:

*As per 11^th September.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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