US markets closed slightly positive, but there wasn’t any strong momentum. Moves were limited across indices. Crude is still around $92, holding at higher levels. Along with that, USD/INR is near 95.76, which is quite weak. This combination continues to be a concern for our market. Asian markets are mostly positive today, with strong moves in Kospi, which may support the opening. Gift Nifty is also indicating a gap-up of around 150 points. So expect a positive start, but the follow-through will depend on how banks and heavyweights behave after opening. Stocks in focus: ➤ Hyundai Motor – Price hike up to 1% from September ➤ BSE – Partnership with MSCI for index derivatives ➤ Gravita – ₹64 Cr capex for copper recycling ➤ Titagarh Rail – Vendor approval from Indian Railways ➤ EMS – ₹190 Cr water project (L1 bidder) Sectors to watch: Defence, Railways active. Auto, Oil-related sectors may stay under pressure due to high crude.

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