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Informist, Tuesday, Oct. 14, 2025

 

By Gopika Balsubramanium

 

MUMBAI – Domestic indices are expected to consolidate in the coming sessions with investors focusing largely on the September quarter results. Analysts expect the market to remain weak in the near-term and anticipate volatility with the quarterly earnings coming in. Some analysts expect profit-booking in select pockets. Investors will lookout for the earnings of large-caps Axis Bank and HDFC Life Insurance Co. that will be detailed Wednesday.

Investors will keep track of further developments in the tariff war between the US and China. US Treasury Secretary Scott Bessent has said that US President Donald Trump remains on track to meet his Chinese counterpart Xi Jinping in South Korea later this month, as per media reports.

 

"Any market across the globe does not like policy related uncertainty," said Vipin Kumar, assistant vice-president of derivatives and technical at Globe Capital Market. Kumar is cautiously bullish on the market as long as the Nifty 50 holds the 25000 level. He said the index is seen facing resistance at 25350-25400 points. On a broader perspective, Kumar sees the Nifty 50 consolidate between 24800 points and 25600 points.

 

The Nifty 50 Tuesday closed at 25145.50 points, down 81.85 points or 0.3%. The BSE Sensex closed at 82029.98 points, down 297.07 points or 0.4%. Broader market indices underperformed the benchmark indices. All the sectoral indices also closed in the negative territory.

 

"Even if Nifty 50 falls below 25000 points, maximum it can fall is up to 24800 points," Nandish Shah, senior vice president – technical and derivatives at HDFC Securities, said. He said investors will likely take a "buy on dips" stance on the market for the short term. He expects the 50-stock index to be in the range of 25000-25500 points.

 

Investors will react to the September quarter results of Tech Mahindra, which was announced post market hours, and the management's commentary. The information technology behemoth reported a consolidated net profit of INR 11.95 billion, slightly lower than INR 12.94 billion expected by the Street. Its revenue from operations was slightly better than expected at INR 139.95 billion. The company's consolidated earnings before interest and tax margin expanded by 108 basis points sequentially to 12.1%. The company said it's the eighth straight quarter of margin expansion in Jul-Sept. The company's shares closed over 1% higher at INR 1,468.

 

On Wednesday, Axis Bank, HDFC Life Insurance Co., HDFC Asset Management Co., L&T Finance, HDB Financial, and Angel One will declare their results for the September quarter. Axis Bank's net profit is expected to fall due to a near-20 basis point contraction in its net interest margin and higher credit cost, according to broking firms. Most brokerage firms expect the bank's net interest margin to moderate due to the impact of interest rate cuts effected by the Reserve Bank of India and due to faster loan re-pricing compared to its peers. Meanwhile, Motilal Oswal Financial Services expects HDFC Life Insurance to report a near 10% on-year rise in net profit and a 15.5% rise in net premium income.  End

 

Edited by Ashish Shirke

 

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