Market View 12th August, 2025

View on market: Volatility persists, eagerly searching for growth

Asian stocks rose after a truce between the US and China on tariffs eased market worries ahead of a key US inflation report that could guide the Federal Reserve’s next interest rate move. The MSCI Asia Pacific Index advanced, with Japan’s Nikkei hitting a record high and gains seen across major markets in the region. US and European futures were slightly higher in early Asian trading. In the US, stocks fell the previous day as investors stayed cautious before a week filled with important economic data. The S&P 500 and Nasdaq both declined after touching record levels during the session. In India, equity markets closed higher, supported by strong performances from major banks and large companies. Both the Nifty and Sensex saw steady gains through the day, reflecting positive investor sentiment. The upbeat mood in Asia and India suggested that the tariff truce and optimism about upcoming data helped improve market confidence, even as US stocks showed some weakness.

Key Quarterly Results for Today:

ABBOTINDIA, ACME, APOLLOHOSP, BAJAJHIND, BAJAJINDEF, BALAJITELE, BCPL, COCHINSHIP, CSLFINANCE, EXCEL, GENUSPAPER, HAL, HINDALCO, HONDAPOWER, INDOWIND, JINDALSTEL, JMJFIN, JYOTHYLAB, KCL, KTKBANK, LAXMIDENTL, LUXIND, MINDACORP, MRF, MTPL, NAHARINDUS, NHPC, NMDC, NSDL, OIL, ONGC, ORIENTTECH, PNGJL, RCF, RVNL, RTNINDIA, SUZLON, ZEELEARN, ZYDUSLIFE, ZODIAC.

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 HCL TECH:

Maintain Buy with TP of Rs 1850, Hosted Shiv Walia, CFO, and Nitin Mohta, Head IR, for investor meetings, HCL pointed to a steady demand environment and remains confident of 3-5% growth in FY26, Al-led engagements are becoming more central to transformation agenda.

GOLDMAN SACHS ON HYUNDAI:

Initiate Buy with TP of Rs 2600, Product cycle to offer leverage to industry inflection, Capacity catch up to trigger new product launches + market share pickup, Better levered to potential domestic car market recovery + ongoing rate cuts.

MORGAN STANLEY ON TITAGARH RAIL:

Maintain Overweight with TP of Rs 1027, Q1: Lower wagon offtake drags earnings, Revenue miss of 24% led by lower freight revenue due to lower wagon dispatch.

INVESTEC ON HINDALCO NOVELIS:

Maintain Hold; Cut TP to Rs 705 from Rs 730, Tariffs headwinds are here, Novelis Q1FY26 spreads disappointed, expect more of same, Mgmt. highlights Q1 absolute (adj.) EBITDA to have bottomed out.

International Markets:

U.S & Europe:

*As per 12^th August.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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