Market View 27th August, 2026

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

Global markets remained positive as strong sales guidance from Nvidia renewed optimism around the artificial intelligence rally. Asian equities traded mixed, South Korea, Taiwan, KOSPI and Japanese stocks gained. US markets also showed strength, with technology stocks leading gains as investors reacted positively to Nvidia’s outlook. US inflation data provided a mixed signal for investors. Core inflation remained elevated, while consumer spending showed signs of slowing. This has increased expectations that the Federal Reserve may have more flexibility to keep interest rates unchanged. US Treasury yields remained broadly stable following the data. European markets were also expected to open on a positive note, with major index futures trading higher. Overall, global sentiment remained supported by optimism around technology and AI stocks, although concerns over inflation and interest rates continue to influence investor confidence. Indian equity markets ended lower after giving up their early gains. Both major benchmarks declined during the session, reflecting cautious sentiment among domestic investors and continued pressure in the broader market.

Economic Calendar:

• USD: Continuing and Initial Jobless Claims Data on 27^th August 2026.
• IND: Industrial Production and Foreign Exchange Reserves on 28^th August 2026.
• USD: S&P Global and ISM Manufacturing PMI Data on 01^st September 2026.
• IND: GDP Growth Rate on 31^st August 2026.

BROKERAGE

MACQUARIE ON BEL:

Target ₹550 Recommendation Outperform, Secured new orders worth ₹730 cr since its last disclosure on 10 Aug 2026, For FY27-to-date, secured new orders worth ₹6200 cr, down 45% from ₹11200 cr in the same period last year, Attribute the decline mainly to the timing of order bookings, See ₹55000 cr of new orders in FY27, Order backlog stood at ₹72300 cr at the end of Q1, providing strong revenue visibility.

INVESTEC ON PINE LABS:

Target ₹200 Recommendation Accumulate, Creating value beyond swipe; more than a payment acceptance provider, Leadership in a growing prepaid ecosystem, Mix shift and operating leverage driving profits, MDR on UPI: a potential profitability booster.

INVESTEC ON ADANI PORTS:

Gujarat Maritime Board signals Pipavav concession extension; +ve for Mundra, Mundra well placed to benefit from container capacity shortage’ Intends to expand Mundra container capacity by >50% and has obtained environment clearance for the same, Should help it benefit from likely container demand-supply mismatch on the West Coast over the next few yrs.

MACQUARIE ON ZYDUS LIFE:

Target ₹1285 Recommendation Outperform, Strategic mix shift to drive margin expansion, Innovation portfolio emerging as a meaningful US growth driver, Robust US generics pipeline underpins growth visibility, Sustained domestic outperformance supported by leadership positions, International formulations remains a profitable growth engine.

International Markets:

U.S & Europe:

*As per 27^th August.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

View on market: Volatility persists, eagerly searching for growth

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