📈 Market Report – August 28, 2025
Global Highlights:
US equity futures dipped 0.5% post-Nvidia’s sales outlook miss—sentiment across markets cool.
Mixed Asian trade: Japan, Taiwan, South Korea edge higher; others cautious.
European indices mostly subdued, banking stocks drag France & Germany.
India Today:
Mangal Electrical listing at ₹561/share (IPO 9x oversubscribed)
Indigo promoters to sell 3.1% equity via block deal; Ambuja Cement promoters plan 5% equity sale.
Gift Nifty down 0.3%; Nifty/Sensex F&O expiry day.
GST rate cut energizes auto & FMCG sectors—watch Maruti Suzuki, Ola Electric.
Market Summary:
Equities seen opening lower: global cues, 50% US tariff on Indian goods (now in effect), persistent FII selling weigh on mood.
Hopes rise after US-India trade optimism from US Treasury Secretary.
Yesterday: Sensex fell 849 pts, Nifty lost 255 pts and closed below 24,800. Nifty now -5% from highs, mid/small-caps under pressure.
Sector Watch:
Consumption-driven & defensive sectors in focus: auto, FMCG, consumer durables, EVs thanks to GST reforms.
Technical Levels:
Nifty below 24,850 = weak, support at 24,650/24,500; resistance at 24,850/25,000.
Bank Nifty below 54,750 = weak; support at 54,000/53,750; resistance at 54,750/55,000.
Action Tracker:
Maruti Suzuki: ₹70,000 crore investment pledge – eye on growth.
Ola Electric gets government compliance nod; positive for EVs.
Biocon, JSW Steel, Aditya Birla Capital, Hubtown, SBI Cards, BSE, Thirumalai Chemicals, United Breweries, and many more report positive updates, order wins, approvals, and deals.
Corporate Actions:
DMR Hydroengineering bonus (8:5), multiple companies announce dividends across sectors.
What’s Next:
Indigo/Ambuja block deals
Monitor US-India trade talks: potential tariff rollback could quickly revive sentiment.
Keep watch on sector moves: auto & FMCG stand out.