Morning Market Updates

The U.S. market dropped sharply due to the Federal Reserve holding interest rates steady. The US Fed held its benchmark rate at 3.5-3.75%. While the economy is solid, inflation remains high, above its 2% target. A surge in oil prices from escalating U.S.-Iran conflicts, and disappointing tech and AI cost outlooks considering what happened in Korean market. Stocks to Watch Today – 🟢 Positive NBCC – Secured fresh project orders, strengthening its order book and revenue visibility. Eicher Motors – Reported healthy Royal Enfield sales, indicating sustained demand. MOIL – Higher manganese ore production and sales support earnings outlook. MTAR Technologies – Strong order inflow from clean energy and aerospace segments. ACME Solar – Positive sentiment after business expansion and renewable energy growth. TBO Tek – Strong travel demand and improving international bookings remain key positives. 🟡 Neutral / Watch Closely Prestige Estates – Investors await earnings and updates on new project launches. Redington – Focus on quarterly results and management commentary for demand trends. 🔴 Negative / Cautious HiRect India – Weak corporate developments may keep the stock under pressure. Indo-MIM – Investors remain cautious due to recent company-specific developments. Xtranet Technologies – Regulatory/corporate concerns could weigh on investor sentiment. Market View The broader market trend remains positive. Nifty levels to watch Resistance 24370-24530 Support 24130-24040-23820 at