Stock Market

The market correction is merely technical, these 3 sectors will outperform going forward Abhay Agarwal – the market correction is merely technical these 3 sectors will outperform going forward Abhay Agarwal

Market Outlook: Talking about further market movements PIPER SERICA Founder and Fund Manager Abhay Aggarwal Said that the correction in the market is a technical correction because from the fundamental point of view there is no problem of any kind in the market. So far, the results of companies in the mid-smallcap space have been better than our expectations. The commentary of the companies is also quite positive. The results of 9 out of 10 companies have been better.

These 3 sectors will do better in the coming times

He further said that the results of companies of every size in the pharma sector are good. Raw material costs of companies have reduced. Pricing pressure has also reduced considerably. It is expected that the pharma sector will continue to move towards a turnaround. On the other hand, the results of EMS space have also been quite good. If an investor invests in the EMS space with a 3-5 year horizon, then good returns will be seen in this space. At the same time, bank and financial services space can also show good growth in future.

NBFC sector will outperform further

Talking about the NBFC space, he said that at present we have not made any further purchases in the space as our portfolio includes stocks from this sector. This sector can outperform in future.

Will invest in these shares

Abhay Aggarwal likes the shares of Fusion Micro Finance. He says that this stock is present in our model portfolio. The results of the company are good. The management commentary is quite strong. This company is operating at good book value. Therefore, investment can be made in it for long term.

He further said that we have also added the shares of Senores Pharmaceuticals to our model portfolio. At the same time, the stock of Inox India is also looking quite good. The company is quite big. This company is preparing to become a multibagger in the next 2-3 years.

(Disclaimer: The views expressed on moneycontrol.com are the personal views of the experts. The website or its management is not responsible for it. Money Control advises users that any investment decision Consult a certified expert before taking it.

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Market insight: After the decline, the bulls are again trying to regain control of the market, the rally may begin if Nifty crosses 25600 – market insight bulls are trying to regain control of the market after the decline the rally may begin if Nifty crosses 25600

Sudeep Shah, Technical Research and Derivatives Head, SBI Securities

Market insight: On Friday, benchmark index Nifty made a weak start with a gap-down, but found support near its 50-day EMA. The index quickly recovered from intraday lows and closed the morning gap. But it did not manage to sustain the momentum at higher levels and finally closed near 25500 levels with a fall of 0.07%. On the daily chart, Nifty formed high wave candles with long wicks at both ends. This is a sign of increased volatility during the day.

This pattern shows that sellers are selling at upper levels, while buyers have provided strong support at lower levels. This helped the index make a sharp recovery of 225 points from the day’s low. This price fluctuation is indicative of a tug-of-war between bulls and bears in which bulls are trying to take hold of the market after weakness.

Talking about sectoral indices, largely mixed performance has been seen here. Nifty Metal, Nifty Financial Services, Nifty PSU Bank and Nifty Auto have been among the best performing indices. Rotational buying has been seen in these. In contrast, slight profit-booking was seen in Nifty IT and Nifty FMCG.

Mixed trends have been seen in small and medium stocks. Nifty Midcap 100 outperformed and closed 0.63% higher, while Nifty Smallcap 100 declined 0.16%. Of the Nifty 500, around 244 stocks closed in the green, while around 251 stocks closed in the red. This is a sign of a flat stance.

nifty view

Further, the 50-day EMA zone of 25330-25300 for Nifty will act as immediate support for the index. A break below 25300 may take Nifty towards 25150. On the upside, zone 25600-25620 will act as an important resistance. A strong move above this band could trigger a new uptrend in Nifty.

bank nifty view

For the banking index, the 20-day EMA zone located at 57400-57300 will act as immediate support. A move below 57300 may extend the decline towards 56800. On the contrary, 58200-58300 zone remains an important resistance. If Nifty moves above 58300, it may move towards 58700 in the near future.

Disclaimer: The views expressed on Moneycontrol.com are the personal views of the experts. The website or management is not responsible for this. Money Control advises users to seek the advice of a certified expert before taking any investment decision.

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Foreign investors stayed away from these 5 stocks, sold shares worth a total of ₹ 82,000 crore in the September quarter – foreign investors sold rs 82000 crore worth of shares in q2 cut stakes most in these 5 stocks

Foreign portfolio investors (FPIs) are continuously withdrawing money from the stock market. Everyone knows this. But do you know from which shares they are withdrawing money? In the entire September quarter, foreign portfolio investors have withdrawn about $9.3 billion, i.e. about Rs 82,400 crore, from the Indian stock market. Why are foreign investors doing this selling? Which are the top-5 stocks where foreign investors have sold the most?

The five stocks that were sold the most by foreign investors during the September quarter include shares of Sona BLW Precision Forgings, PNB Housing Finance, Samman Capital, Indian Energy Exchange (IEX) and Computer Age Management Services (CAMS). Foreign investors have reduced their stake in these five companies by more than 5 percent during the last three months, i.e. July to September quarter.

The biggest decline was seen in Sona BLW Precision Forgings, where FPI’s stake declined from about 30% to 23.5% at the end of June 2025. That means a decline of about 7.5 percent. In the last one year, the stake of foreign investors in this company has decreased by 10.1 percent. Apart from this, the stake of foreign investors in PNB Housing Finance has come down from 24.2% to 18.6%.

Market experts say that foreign investors first started selling shares due to the high valuation of the Indian stock market. But after this came the tariff policy of US President Donald Trump, which has further increased the concern of foreign investors. Due to this he also intensified his selling.

However, since October, foreign investors have started buying again, buying shares worth about $550 million. But for the last 7 days the selling has started again. This means that till now there are no concrete signs of return of foreign investors.

According to Bloomberg data, Indian stock markets are still trading at higher valuations than other stock markets in Asia. The one-year forward price-to-earnings (P/E) ratio of Nifty is 20.4 times, while Taiwan’s TAIEX index is trading at 18 times, Korea’s Kospi index at 11 times and China’s CSI300 index at 14.7 times.

However, market experts believe that in future, foreign investors can return to the Indian market again. Ridham Desai, managing director of Morgan Stanley India, says, “India’s valuations are now at historically attractive levels, making the possibility of foreign investors becoming net buyers in the next 12 months.”

Neelkanth Mishra, Chief Economist of Axis Bank and Global Research Head of Axis Capital, says that “Many hedge funds are currently transferring money to other markets by selling Indian shares.”

Since the beginning of 2025, foreign investors have sold Indian shares worth a total of $ 16.5 billion. If we compare this with other countries, in Taiwan they made net purchases of $1.3 billion during the same period. At the same time, he has sold shares worth $1.7 billion in South Korea, $3 billion in Thailand and $4.6 billion in Vietnam, which is much less than India.

Disclaimer: The views and investment advice given by experts/brokerage firms on Moneycontrol are their own and not those of the website and its management. Moneycontrol advises users to consult certified experts before taking any investment decision.

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HAL inks big deal with GE Aerospace for supply of 97 jet engines – Hindustan Aeronautics HAL inks big deal with GE Aerospace for supply of 97 jet engines

Hindustan Aeronautics (HAL) signed a big deal with GE Aerospace on 7 November. Under this deal, the American company will supply 113 jet engines to HAL, which will be used in the Tejas Light Combat Aircraft program. HAL has told about this deal. He has said that this deal has been done for the support package of 97 Light Combat Aircraft MK1A program.

GE will start supplying engines from 2027

HAL And GE Aerospace Under this deal between, the supply of F404-GE-IN20 engines will start from 2027. Company officials said that the supply of all engines will be completed by 2032. The Defense Ministry had signed a deal worth Rs 62,370 crore with HAL in September. Under this deal, the company will supply 97 Tejas MK1A light combat aircraft to the Indian Air Force.

Many countries have shown interest in Tejas

Tejas is a single engine multi role fighter aircraft. It can be used in high risk air environments. It has been developed to strengthen the country’s air defense and strike role. It will be produced by HAL. Many countries have shown interest in Tejas.

HAL shares gave 11% return in 2025

HL is a government company. It manufactures many types of aerospace and defense equipment. On November 7, the company’s shares closed at Rs 4,632, up 0.84 per cent. This stock has increased by 11 percent in 2025.

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Bajaj Auto Q2 Results: Net profit jumps 24%, EBITDA crosses ₹3,000 crore for the first time – bajaj auto q2 results net profit jumps 24 percent to rs 2480 crore ebitda crosses rs 3000 crore

Bajaj Auto Q2 Results: Bajaj Auto released the results for the July-September quarter of the current financial year on Friday, November 7. The company said that its net profit in the September quarter increased by 24% to Rs 2,480 crore, which was Rs 2,005 crore in the same quarter of the previous financial year.

The company’s revenue during this period increased by 14% to Rs 14,922 crore, which was Rs 13,127 crore in the same quarter of last year. Bajaj Auto said this growth was due to better product mix and highest ever spare parts sales.

EBITDA crosses ₹3,000 crore for the first time

Chetak returns to EV segment

Bajaj Auto said there was supply disruption during the September quarter, but the Chetak EV regained market leadership in October. “Supply was limited to 50% in July-August, but alternative measures normalized production in September and Chetak strengthened its position in the market,” the statement said.

Strong balance sheet and investments

Bajaj Auto said its balance sheet remains strong, with a surplus of ₹14,244 crore. The company distributed Rs 5,864 crore as dividend to shareholders and invested more than Rs 2,000 crore of capital in its subsidiaries.

Stock market turmoil

Bajaj Auto shares closed with a slight fall on Friday at Rs 8,717 per share. The company released the results after the stock market closed. In such a situation, investors will give their reaction on these results when the market opens on Monday (November 10).

Disclaimer: The views and investment advice given by experts/brokerage firms on Moneycontrol are their own and not those of the website and its management. Moneycontrol advises users to consult certified experts before taking any investment decision.

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Trading Strategy: Bank Nifty is giving back signs of a big rally, keep an eye on ICICI bank and HDFC bank – trading strategy bank nifty is giving signs of a big rally keep an eye on icici bank and hdfc bank

Trading plan: There has been a good recovery in the market on the basis of banking shares. Nifty has improved by more than 150 points from lower levels and has crossed 25500. Bank Nifty has recovered more than 700 points from the bottom and is trading above 57800. Strong recovery has also been seen in midcap shares. There is a strong rise in capital market and metal shares. Both sector indices have increased by about two percent. Besides, government banks are also trading with an increase of about one percent in the index. Whereas, slight pressure is being seen in IT, consumer durable and FMCG.

The entire EMS space is seeing a sharp decline. Abanar Enterprises is deeply hurt by weak results in the second quarter. This stock has become the top loser of FNO by slipping more than 10 percent. At the same time, strong pressure has been seen in PG Electroplast and Keynes also. On the other hand, strong momentum is being seen in NBFC shares today. Due to good guidance from management, L&T Finance has become the top gainer in futures with a jump of 10 percent. Bajaj Finance and Shriram Finance are among the top gainers of Nifty with a rise of more than 3 percent. Piramal Finance has also gained momentum after listing with a premium of 13 percent.

Great recovery in the market

In such a situation, while talking about the further movement of the market, CNBC-Awaaz Managing Editor Anuj Singhal said that the big question is whether this recovery is sustainable. There has been a recovery of 200 points in Nifty and 1000 points in Midcap. Excellent recovery has also been seen in Bank Nifty. There is tremendous growth in banks and NBFCs. ICICI Bank has led the recovery. A big rally has been seen in NBFCs led by Bajaj Finance.

Market: What next?

Now today’s low may be a confirmed bottom. The market has taken out the weak players. Now it has to be seen from here that the recovery does not fail. Maybe good news will come from Bihar elections.

Talking about the strategy on Nifty, Anuj Singhal said that there are still opportunities on both sides. There is resistance in the zone of 25,550-25,650. Support now lies at 25,350-25,400. At the same time, Bank Nifty is showing signs of a big rally again. Keep an eye on ICICI Bank and HDFC Bank.

Disclaimer: The views expressed on Moneycontrol.com are the personal views of the experts. The website or management is not responsible for this. Money Control advises users to seek the advice of a certified expert before taking any investment decision.

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Nifty Outlook: How will be the movement of Nifty on November 7, which levels will be important; Know from expert – nifty outlook 7 november key levels to watch expert view on important support and resistance for market

Nifty Outlook: The Indian stock market continued to fall for the second consecutive day. The pattern of lower high and lower low continued in Nifty and the index could not stand above 25,500 amid widespread selling. Nifty opened 4 points down and initially tried to recover, but due to the return of selling, the index slipped again and finally fell 87 points to close at 25,509 on Thursday.

Now let us understand from the experts how the movement of Nifty will be on Friday 7th November and which levels will be important. But, before that, let us know what special happened in the market on Thursday.

Nifty’s top gainers and losers

Asian Paints, Reliance Industries and UltraTech Cement were the top gainers of Nifty. At the same time, Grasim, Hindalco and Adani Enterprises were the biggest falling stocks.

Among the sectoral indices, only Nifty IT and Auto were in slight gains, while Media, Metal and Consumer Durables proved to be the weakest sectors. Broader markets also remained under pressure, with Nifty Midcap 100 falling 0.95% and Smallcap 100 falling 1.40%.

Expert opinion on Nifty

According to technical charts, the trend of Nifty remains weak. Nagaraj Shetty of HDFC Securities said that the index is now approaching the very important support zone of 25,400, which also matches the earlier trendline resistance. According to him, the nearest resistance for Nifty is at 25,700.

Nilesh Jain of Centrum Broking says that short-term weakness may continue for now. He believes that any recovery will see immediate selling. He also said that to negate the bearish setup, Nifty will have to go above 25,800, while the first support is around 25,350.

Level of 25,450 is important

Rupak Dey of LKP Securities said that Nifty is back near its previous swing high support of 25,450. He warned, ‘If Nifty breaks this level, the short-term trend may become further weak. But if it remains above this then there may be a possibility of reversal.

Nandish Shah of HDFC Securities also described the zone of 25,400-25,450 as very critical. He said that after a decisive break below this level, the decline may intensify further.

condition of bank nifty

Bank Nifty also fell for the second consecutive day and is currently consolidating near its previous swing support.

According to Sudeep Shah of SBI Securities, the 20-day EMA range of 57,400-57,300 will become immediate support for Bank Nifty. According to him, if the index slips below 57,300, the fall may extend to 56,800. On the upside, zone 57,900-58,000 will be a strong resistance.

Stocks to Watch: These 21 stocks will be in focus on Friday, November 7, big movement can be seen

Disclaimer: The advice or opinions expressed on Moneycontrol.com are the personal views of the expert/brokerage firm. The website or management is not responsible for this. Moneycontrol advises users to always seek the advice of a certified expert before taking any investment decision.

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Q2 results: Specialty chemicals company’s profit doubles, revenue also jumps; Shares will be in focus – aarti industries q2 results specialty chemicals company profit doubles partnership with dcm shriram stock in focus

Aarti Industries Q2 results: Specialty chemicals giant Aarti Industries Ltd has shown a strong performance in the July-September quarter (Q2 FY26). The company’s net profit increased to ₹106 crore, which is almost double the last year’s ₹52 crore.

Revenue from operations also increased by 12% to ₹2,100 crore, compared to ₹1,628 crore last year. EBITDA grew by 47.7% to ₹291 crore and EBITDA margin also improved to 13.9% from 12.1%. It benefited from better realization and operational efficiency.

New partnership with DCM Shriram

Last month, Aarti Industries entered into a long-term strategic partnership with DCM Shriram Ltd for chlorine supply. Its objective is to strengthen supply security and integration for the company’s downstream operations.

Under this agreement, DCM Shriram Chemicals will transport chlorine from its Jhagariya plant in Gujarat to Aarti’s new downstream facility through a special underground pipeline. This will increase efficiency, safety and reliability in the manufacturing process of Aarti Industries.

Shares of Aarti Industries

Shares of Aarti Industries closed 1.27% higher at ₹390.00 on the NSE on Thursday, November 6. The stock is down 10.41% in the last 6 months. At the same time, the stock has fallen 25.21% in 1 year. Its 52 week high is Rs 525.45 and low level is Rs 344.20. The market cap of the company is Rs 14.16 thousand crore.

Business of Aarti Industries

Aarti Industries is one of India’s leading companies manufacturing specialty chemicals. The company produces high-value intermediates and aromatic chemicals for multiple industries such as pharma, agrichemicals, polymers, paints, dyes, personal care and home care.

Its business is largely dependent on import substitution, long-term supply contracts and a global customer base. The company is known for its manufacturing capacity, integrated supply chain and advanced chemical processing technology.

Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.

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