Market View 9th September, 2025

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

Asian stocks moved higher on Tuesday, taking positive signals from Wall Street, where hopes of a coming Federal Reserve rate cut boosted investor confidence. Shares in Japan and South Korea gained, while Australian markets edged lower. US futures were steady, with European contracts slipping slightly as political issues in France weighed on sentiment. On Wall Street, a strong performance from technology companies supported the major indexes. The S&P 500 and Nasdaq both advanced, while the Dow also finished in positive territory. Investors continue to expect that lower borrowing costs will give further support to stock market growth. In India, the main equity benchmarks finished almost unchanged after a late slide erased stronger early gains. Looking ahead, focus will be on political and policy developments. The vice presidential election will see a direct contest between the government’s nominee and the opposition’s choice. Key ministers, including the Finance and Commerce ministers, are scheduled to speak at important economic events. Mauritius’ prime minister also begins a state visit to India.

Economic Calendar:

• USD: Mortgage Market Index Data on 10^th September 2025.
• IND: Bank Loan and Deposit Growth Rate on 12^th September 2025.
• USD: Core PPI (MoM) (YoY) (Aug) Data on 10^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

 

Brokerage Radar:

MACQUARIE ON KOTAK MAHINDRA BANK:

Target Rs 2,200 Recommendation Neutral, On a course correction mode, Management meeting assuring – now a patient waiting game, Problem areas identified and being worked upon, Moving from product to the customer, Believe Kotak’s margins going forward could outperform most of its peers.

BOFA ON HUL:

Target Rs 2,840 Earlier Target Rs 2,630 Recommendation Neutral, Message from the parent – Transformation at Unilever, with India at the core, Aspiration for HUL spelt out – actual delivery is now key, There is a clear emphasis on volume growth now and India seems a must-win market for the group, Disproportionate investment (including M&A) is directed to India.

GS ON METRO BRANDS:

Target Rs 1,300 Recommendation Neutral, Walkway store adds likely to accelerate, can lead to significant TAM expansion for Metro Brands, With new-format Walkway, Metro Brands likely trying to replicate the playbook of organised value apparel retailers.

CLSA ON AMBUJA:

Target Rs 665 Recommendation Outperform, Improving demand and profitability outlook, At CITIC CLSA Investor’s Forum, Ambuja Cements was constructive on both cement demand and profitability outlook, Large part of the discussions focussed on the impact of GST reduction on cement demand and profitability.

International Markets:

U.S & Europe:

*As per 09^th September.

Asian markets:

Stocks strong on Chart:

Commodities & Currency:

FIIs & DIIs:

News Updates:

Source: Moneycontrol, Bloomberg Quint, Investing

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