Fund House & Brokerage Calls

Adani Group

• MS on Adani Power: Initiate Overweight, TP ₹818. Sees 2.5x capacity & 3x EBITDA rise by FY33; new coal PPAs to improve earnings visibility.

• Jefferies on Adani Green: Buy, TP ₹1,300. Capacity expansion to 50 GW by 2030; 4.5–6.3 GW additions in FY26–27; valuations ~63% below peak multiples.…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 19, 2025

Market Overview & Sentiment

• After a three-day rally, Nifty 50 pared gains to close at ~25,423, while Sensex settled ~83,014, each rising ~0.37–0.39%, led by strong moves in IT and pharma stocks following the U.S. Fed’s rate cut and optimism around India–U…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 18, 2025

Market Overview & Sentiment

• The market opened strong, with Nifty 50 rising ~0.44% to 25,441, and Sensex up ~0.50% to 83,108, led by 1% gains in IT stocks after the U.S. Federal Reserve cut rates by 25 bps

• All 16 sectors advanced, mid- and small-cap indic…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 17, 2025

Market Overview & Sentiment

• Traded above 25,300 for the first time: Nifty 50 rose ~0.32% to 25,320, Sensex added 0.32% to 82,643. Gains were led by IT (+0.8%) as U.S.–India trade talk optimism and expectations for a U.S. Fed rate cut lifted senti…[Read more]

LISTING UPDATE

JAY AMBE SME
IPO PRICE: 78
LOT SIZE – INDIVIDUAL: 3200
LOT SIZE – HNI: 4800

LISTING PRICE: 79(+1₹,+1.28%)
LISTING GAIN – INDIVIDUAL: 3200/-
LISTING GAIN – HNI: 4800/-

GALAXY SME
IPO PRICE: 54
LOT SIZE – INDIVIDUAL: 4000
LOT SIZE – HNI: 6000

LISTING PRICE: 54(+0₹,+0%)
LISTING GAIN: 0/-

SHRINGAR
IPO PRICE: 165
LOT SIZE – RET…[Read more]

LISTING UPDATE

KARBON – SME
IPO PRICE: 159
LOT SIZE – INDIVIDUAL: 1600
LOT SIZE – HNI: 2400

LISTING PRICE: 185.10(+26.10₹, +16.42%)
LISTING GAIN – INDIVIDUAL: 41,760/-
LISTING GAIN – HNI: 62,640/-

TAURIAN – SME
IPO PRICE: 171
LOT SIZE – INDIVIDUAL: 1600
LOT SIZE – HNI: 2400

LISTING PRICE: 210(+39₹, +22.81%)
LISTING GAIN – INDIVIDUAL: 62,400/-…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 15, 2025

Market Overview & Sentiment

• Indian benchmarks closed higher: Nifty 50 +0.39% at 25,167, Sensex +0.40% at 82,118. Gains were led by auto and energy stocks, aided by optimism around U.S.–India trade talks and expectations of a U.S. Fed rate cut.

• The MSCI As…[Read more]

Mid- and small-cap mania: Why retail investors need to rebalance toward largecaps

By Vikas Gupta

https://economictimes.indiatimes.com/markets/stocks/news/mid-and-small-cap-mania-why-retail-investors-need-to-rebalance-toward-largecaps/articleshow/123864952.cms?from=mdr

Daily Voice Interview : Ashwini Shami of OmniScience Capital.

Fed rate cut, not India–US trade deal, may drive market rally

Any pause in FII net selling—similar to the trend seen from March to June this year—is expected to be a positive catalyst for the markets,

htt…[Read more]

Listing Update-15 Sept 2025

VASHISHTHA SME
IPO PRICE: 111
LOT SIZE – INDIVIDUAL: 2400
LOT SIZE – HNI: 3600

LISTING PRICE: 118(+7₹,+6.31%)
LISTING GAIN – INDIVIDUAL: 16,800/-
LISTING GAIN – HNI: 25,200/-

Fund House Recommendations – September 15, 2025

Alcobev Sector – Structural Premiumisation Play

• Radico Khaitan (Jefferies: Buy, TP ₹3,500)
Premiumisation in IMFL portfolio and consistent market share gains position Radico as a long-term compounding story.

VRIGHT View: Beneficiary of premium liquor demand, especially in Tier-1/Tier-2 cities.…[Read more]

VRIGHT Exchange – Daily Digest | Corporate & Economy Analysis for September 15, 2025

Market Overview

Indian equities opened the week on a cautious note. Investors are positioning ahead of the U.S. Federal Reserve’s policy meeting, where a 25 bps rate cut is widely expected.

Global risk assets remain sensitive to Fed guidance, while dom…[Read more]