🌅 Morning Market Report – 23rd Sept 2025

🌎 Global Cues US Markets: Strong tech-led rally; S&P +0.44%, Nasdaq +0.7% at record highs (3rd straight session). Nvidia +4% on $100 bn OpenAI AI infra partnership. Apple +4% on bullish iPhone 17 sales note. US 10Y yield: up 2 bps at 4.15% – bond market steady. Dollar Index: 97.3 | Brent Crude: $67 (supportive for India). Key Watch: US Fed Chair Powell’s speech later today. India Setup GIFT Nifty: down 10 pts at 25,279 – muted start likely. Data & Events: HSBC Manufacturing PMI (domestic read). Weekly Nifty expiry – expect volatility in last hour. Corporate Actions: Record date:

–Piramal Finance scheme. Ex-Bonus: (1:1), India Glycols, Premier Explosives, Sunteck Realty, Talbros Engg, Tilaknagar Ind. AGMs: Star Health, Techno Electric, ABFRL, Mastek, GIC, Gujarat State Petronet, Campus Activewear, Dixon Tech. Earnings: Sudarshan Chemical Q1 results. 📊 IPO Watch Listing: Euro Pratik Sales. Opens: Jaro Institute, Solarworld Energy, Seshaasai Technologies, Anand Rathi Share. Closes: GK Energy, Saatvik Green Energy. 🌐 Global Events Macro Data: US – Current account, S&P Global PMI (mfg + services). UK & Eurozone – PMI prints. Japan – Market holiday. Geopolitical: Day 1 of UNGA debate; Donald Trump to speak. 🔑 Action for the Day Expect sideways to mildly negative open (GIFT Nifty flat). Watch for expiry-driven moves in Nifty & BankNifty post noon. Falling crude & stable bond yields are positives for India. Stock-specific action expected in Pidilite, Piramal, IPO names, and AGM-linked stocks. Global eyes on Powell’s speech & UNGA remarks from Trump for policy/geo cues.