MARKET_TODAY

Market Snapshot (Today – 10 Feb)

Market Snapshot (Today – 10 Feb)

Gift Nifty: +0.3% → positive opening Trend: Bullish continuation likely Reason: Strong Q3 earnings US–India trade deal (tariff cut ~50% → 18%) Global markets strong (US Nasdaq +1%, Asia +1–2%) 📈 Index View Nifty Support: 25,700 → 25,550 Resistance / Target: 26,000 → 26,200 View: Above 25,700 = BUY ON DIPS Bank Nifty Support: 60,500 → 60,250 Upside: 61,000 → 61,250 View: Mild consolidation, trend still positive 🔥 Sectoral Winners (Near-term) Gems & Jewellery / Textiles / Apparel / Rice Export Tariff cut = direct beneficiary Metals LME prices up 1–2% Upstream Oil (ONGC, Oil India) Brent crude near $70+ ✅ Top Actionable BUY Ideas (Short–Medium Term) High Conviction BSE 🟢 (Strong Q3, multiple broker upgrades) Kalyan Jewellers SRF Sun Pharma Navin Fluorine Momentum / Results-based PN Gadgil Zydus Life Man Industries Happy Forging APL Apollo / APL Micro SKY Gold 🏆 Best Q3 Result Highlights BSE: Revenue +17%, EBITDA margin ~65% Navin Fluorine: EBITDA +110% YoY 🔥 Zydus Life: Strong topline & margins PN Gadgil: Profit almost double Man Industries: EBITDA margin jump to 15.4% ⚠️ Weak Results (Avoid for now): Bajaj Electricals Ramco Cement (below estimates) 🌍 Global Cues US: Nasdaq +1%, S&P at record high Asia: Japan +2%, others +1–2% Gold: Profit booking Crude: Strong due to Middle East tension 🧠 Trading Strategy for Today Market bias: Buy on dips Focus: Midcap & smallcap stocks with strong Q3 Avoid: Weak result stocks, over-leveraged trades Disclaimer: This communication is for information and educational purposes only and should not be construed as investment advice. We are not SEBI registered. Views expressed are based on publicly available information and market conditions. Investors are advised to consult their SEBI-registered financial advisor before taking any investment decisions. We shall not be responsible for any financial loss arising from the use of this information.