Market View 27th October, 2025

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

Asian markets gained as investor sentiment improved, led by strong performances in Japan and South Korea. US and European futures also traded higher during Asian hours, supported by expectations of interest rate cuts from the Federal Reserve after recent inflation data came in lower than expected. This boosted optimism that policy easing will continue to support corporate earnings and global growth. Commodity markets reflected this optimism as copper and oil prices climbed, aided by hopes of progress in US-China trade discussions. However, Indian markets moved slightly lower, with key indices ending in the red after recent gains. On the political and economic front, several important events are lined up, including External Affairs Minister S. Jaishankar’s participation in the East Asia Summit, Commerce Minister Piyush Goyal’s visit to Brussels for trade talks with the EU, and Home Minister Amit Shah’s address at the India Maritime Week in Mumbai. Overall, market sentiment remains cautiously positive.

Key Quarterly Results for Today:

ADANIENSOL, BATAINDIA, CANHLIFE, CHENNPETRO, ICL, INDUSTOWER, IOC, JKTYRE, JUBLINGREA, KALAMANDIR, KFINTECH, MAZDOCK, PNBHOUSING, RAYMOND, SRF, SUMICHEM, SUPREMEIND, SURAJEST, TATAINVEST, TIMESGREEN, VINYLINDIA, WELSPLSOL.

Economic Calendar:

• USD: House Price Index on 28^th October 2025.
• IND: Industrial Production (YoY) on 28^th October 2025.
• USD: Monetary Policy on 29^th October 2025.
• IND: Foreign Reserves (USD) on 31^st October 2025.

IPO Watch:

Brokerage Radar:

JP MORGAN ON COFORGE:

Target Rs 2500 Earlier Target Rs 2400 Recommendation Overweight, Delivered on margins and cash flow in Q2 vs challenges last time, Mgmt highlighted demand has improved somewhat and expects H2 growth to be robust backed by strong deal wins, pipeline, Continues to maintain 14% EBIT Margins in FY26 but post that will likely prioritize growth.

MORGAN STANLEY ON DIXON TECH:

Target Rs 11563 Recommendation Underweight, Competition Gearing Up, Chinese smartphone EMS players like DBG and BYD have witnessed increased offtake from Chinese smartphones brands like Xiaomi, Oppo and Vivo, Chinese EMS players are getting increased orders from Chinese ODM players Longcheer and Huaqin.

CLSA ON FEDERAL BANK:

Target Rs 260 Earlier Target Rs 250 Recommendation Outperform, Large capital raise, Accretion to book value, but dilution to EPS in the medium term, Increase FY26-28 loan growth estimates from 15% to 17-18% and consequently increase PAT by 4-8%.

MACQUARIE ON ITC HOTELS:

Target Rs 270 Recommendation Outperform, Q2: Strong execution; long term potential clear, Longer term, believe occupancy levels could increase to the high-70s, This accompanied by higher ARR, which should drive growth for several years.

International Markets:

U.S & Europe:

*As per 27^th October.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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