Morning Market Report – 19th August 2025

Markets are set for a cautious yet slightly positive opening with stock-specific action in focus. Global cues are steady, while domestic corporate updates and policy signals may drive sentiment. Key Stocks to Watch:

(Positive): Acquired majority stake in a JV with Naturedge Beverages, entering the healthy functional beverage market — boosting consumer play. (Positive): Approved ₹3,823 cr capex for a 10 MTPA Tailings Reprocessing plant under its capacity-doubling plan. (Neutral): Launches youth-focused fashion label “Burnt Toast” in Surat, expanding retail portfolio. , VST, Godfrey Phillips (Neutral): Finance Ministry clarified sin goods remain under 40% GST slab, but overall tax burden unchanged. TeamLease, Quess Corp (Neutral): India’s July unemployment fell to 5.2% vs 5.6%; rural improved, urban slightly higher. Staffing outlook steady. Cement, Auto, Consumption (Positive): PM’s high-level review on next-gen reforms may support infra and demand revival. JM Financial, DAM Capital, MOSL (Neutral): SEBI’s consultation paper aims to ease dilution norms for large issuers; positive for capital market activity. JSW Cement (Positive): MOSL initiated coverage with a Neutral rating; TP ₹163 signals upside. (Neutral): Subsidiary to divest entire stake in Ceramat; limited impact. Emami (Positive): Plans portfolio expansion in Pain Management, Navratna, and Male Grooming — brand growth focus. Outlook: Market action will be stock-driven today with positives in RIL, Hindustan Zinc, Emami, Cement, and Auto. FMCG majors like ITC may stay range-bound. Investors should watch reform-led sectors and consumption themes for momentum.