Market View 21st August, 2025

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

US index futures moved lower in Asian trading after the minutes of the latest Federal Reserve meeting showed officials remained more worried about inflation than about the labor market. This cautious stance weighed on investor sentiment. In Asia, technology shares showed resilience as bargain hunting supported prices, though Japan’s market slipped. South Korea and Australia posted gains, while futures for Hong Kong stocks also advanced. On Wall Street, stocks ended lower for the fourth session in a row as investors pulled money from technology and consumer-focused companies and shifted into safer areas. The broader US market slipped slightly, while the technology-heavy Nasdaq fell more sharply. In India, equity benchmarks continued their winning run, closing higher for the fifth straight session. This marked the longest streak of gains in several months, signaling steady investor confidence. Looking ahead, traders will watch economic surveys from HSBC, the close of the parliamentary session, and the launch of new coal mine auctions.

Economic Calendar:

• USD: Initial and Continuing Jobless Claim Data 21^st August 2025.
• IND: S&P Global Manufacturing PMI (Aug) on 21^st August 2025.
• USD: Fed’s Balance Sheet Data on 22^nd August 2025.
• IND: S&P Global Services PMI (Aug) on 21^st August 2025.

Company	Open	Close	Price (Rs/-)	View
Vikram Solar Ltd.	Aug 19th	Aug 21st	315-332	Apply
Shreeji Shipp Glo Ltd.	Aug 19th	Aug 21st	240-252	May Apply
Mangal Ele Ind Ltd.	Aug 20th	Aug 22th	533-561	May Apply

Brokerage Radar:

NUVAMA ON HEXAWARE TECH:

Target Rs 950 Recommendation Buy, In a sweet spot of growth and value, Revenue in sweet spot to outstrip industry growth, Multi-pronged vertical presence and coveted clientele, Stable margins and cash flow profile, Recent correction sweetens appeal.

JEFFERIES ON BAJAJ FINSERV:

Target Rs 2420 Recommendation Buy, Grooming Financial Ventures, Poised to benefit from tailwinds of lower rates, improving profitability in life and general insurance businesses, New ventures like mutual fund, healthcare.

KOTAK SECURITIES ON VINATI ORGANICS:

Target Rs 1280 Earlier Target Rs 1170 Recommendation Sell, Input cost benefits likely to get passed along, Muted revenue growth more than offset by sharp margin expansion, Management reiterates growth outlook; wait for growth projects continues.

GOLDMAN SACHS DELHIVERY:

Target Rs 390 Earlier Target Rs 375 Recommendation Neutral, Growth acceleration only due to E-com express, See headwinds on industry growth as quick-commerce mkt share gain from e-commerce.

International Markets:

U.S & Europe:

*As per 21^st August.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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