IGI Logo

Markets Are Pricing In A 25-basis-point Rate Cut By FOMC

All major US indices posted strong weekly gains; the Nasdaq rose 2.0%, the S&P 500 gained 1.6%, and the Dow advanced 1.0%, marking the best week since early August.

S&P 500 and NASDAQ 100 closed near all-time highs, fueled by expectations of a Federal Reserve rate cut this Wednesday following softer economic data. Market breadth remains narrow with megacaps dominating, while small- and mid-caps lag behind.

U.S. markets are pricing in a 96.4% probability of a 25-basis-point rate cut on September 17, with additional cuts expected through year-end. Softer labour data and persistent inflation support the dovish shift, boosting demand for equities and cryptocurrencies.

Indian equity markets finished on a buoyant note as the Nifty 50 notched its eighth consecutive advance, closing above the symbolic 25,100 mark for the first time since July—its longest winning streak in a year and the biggest weekly gain in nearly three months.

Indian market sentiment was bolstered by renewed diplomatic momentum between the Indian and US leadership, as well as improving domestic liquidity conditions. Nifty has been gradually taking out the crucial resistances and getting stronger on the charts. On the weekly line charts, the Nifty has confirmed a pattern of higher tops and higher bottoms, which is an encouraging sign for a sustained positional bullish trend.

The Nifty now seems to be heading towards the next resistance of 25,250, while the 24,900 level could offer support on the lower side.

News Highly Sensitive to Stock Price

Dr. Reddy’s Laboratories Ltd

United States Food & Drug Administration (US FDA) completed a Pre-Approval Inspection (PAI) at biologics manufacturing facility in Bachupally, Hyderabad. The inspection was conducted from September 4, 2025 to September 12, 2025. Company has been issued a Form 483 with five observations, which will be addressed within the stipulated timeline. This is pursuant to the inspection conducted earlier and disclosure made to the stock exchanges on October 12, 2023.

Engineers India Ltd

EIL has been awarded Contract of Rs 618 crore for providing Project Management Consultancy (PMC) Services & Engineering Procurement and Construction Management (EPCM) Services for a New Fertilizer Plant in Africa, slated for completion in 24 months.

Apollo Hospital Enterprises Ltd

Apollo Hospitals Enterprise Ltd (AHEL) announced its intention to acquire 31% stake held by International Finance Corporation in Apollo Health and Lifestyle Limited (AHLL), a subsidiary of AHEL for a consideration of Rs 1,254 crore. Following the transaction, AHLL will become a 100% subsidiary of AHEL with 99.42% held by AHEL and balance in the ESOP pool. Apollo Hospitals announced that it plans to set up a 100- bed Comprehensive Oncology Centre at Gurugram integrating the most advanced next generation Proton Therapy System.

BHEL Ltd

Bharat Heavy Electricals has received an order worth Rs 22.87 crore from Indian Railways (South Western Railway) for design, development, supply, installation, trial and commissioning of Onboard KAVACH equipment in locomotives and trackside KAVACH equipment at station/LC/IB/ABS locations along with associated works.

Tega Industries Ltd

Tega Industries Ltd. announced that its board has cleared proposals to raise as much as Rs 4,000 crore through equity and equity-linked instruments. The Kolkata-based mining and material handling solutions company said the fundraising will be carried out in one or more tranches, depending on market conditions and business needs.

Reliance Inds and Bharti Airtel Ltd

Reliance Jio and Bharti Airtel are investing heavily in AI, cloud, and data centers. They aim to capitalize on India's growing cloud and AI markets. Jio focuses on consumer ecosystems and partnerships. Airtel targets enterprise needs with sovereign cloud solutions. Both companies are building data centers and partnering with tech giants.

Tata Technologies Ltd.

Tata Technologies Ltd. to acquire 100% stake in Germany-based ESTec Group and its subsidiaries for a total cash consideration of 75 million euros (over Rs 775 crore). The company has entered into a definitive agreement to acquire 100% equity shares of ES-Tech GmbH and its subsidiaries (collectively, ES-Tec Group

JK Cement Ltd.

JK Cement Ltd. announces that the National Company Law Tribunal has sanctioned the scheme of amalgamation of its wholly owned subsidiary Toshali Cements Pvt. Ltd. Effective from January 1,2024.

Shakti Pumps Ltd

Shakti Pumps (India) Limited has secured a fresh order worth Rs 374 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of 34,720 off-grid solar water pumping systems under the government’s Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B scheme.

GMR Airports Ltd

The firm reported a 3.5% year-on-year dip in passenger traffic for August at 93.49 lakh, with domestic traffic flat and international traffic up 2.8%. Aircraft movements rose 4.2%

RCF Ltd

Rashtriya Chemical Fertilisers (RCF) started operation of liquid carbon dioxide plant at Trombay unit. The production capacity of the Trombay plant is 100 MTPD.

RailTel Corporation of India Ltd

The company has secured a Rs 209.79 crore order from the Bihar Education Project Council, adding to Rs 396 crore of orders announced earlier in the week, taking total wins from the council above Rs 600 crore

Adani Power Ltd

The company has signed a 25-year agreement with Bihar State Power Generation Company to supply 2,400 MW from a greenfield plant in Pirpainti, Bhagalpur. The project will generate up to 12,000 jobs during construction and 3,000 in operation. The full commissioning of the project is targeted within 60 months.

DCX Systems Ltd

The company has signed a non-binding MoU with the Tamil Nadu government to set up a state-of-the-art manufacturing facility in Hosur, in partnership with Israel’s ELTA Systems and its group firms.

ASM Technologies Ltd

The company has signed an MoU with the Tamil Nadu government to invest Rs 250 crore in expanding its ESDM capabilities, including a new state-of-the-art design facility on 5 acres of land.

Texmaco Rail Ltd

Texmaco Rail has received a Letter of Acceptance dated September 10, 2025, from Rail Vikas Nigam Limited for an order valued at Rs 129.09 crore, inclusive of all taxes.

Alembic Pharma Ltd

Company has received Establishment Inspection Report (EIR) for the inspection carried out by the US Food and Drug Administration (US FDA) at API - I & API - II Facility located at Panelav. The inspection was conducted from 26th May, 2025 to 31st May, 2025.

SRF Ltd

SRF Limited has entered into a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Limited on 12th September, 2025. Acquisition of land by way of sub-lease at Gopalpur, District Ganjam in the State of Orissa, for setting up various projects by the Chemicals Business. The transaction value is Rs. 282 crores excluding taxes.

MSTC Ltd

Tender Committee of Central Pollution Control Board (CPCB) has recommended the name of MSTC Limited for the Development and Operation of an Electronic Trading Platform (ETP) for Extended Producer Responsibility (EPR) Certificates. MSTC will be responsible for designing, developing, and operating the National EPR Certificate Trading Platform in compliance with CPCB's functional and regulatory guidelines.

Diamond Power Ltd

Company received a letter of intent from Adani Energy Solutions for Supply of 5403 KM AL-59 Zebra Conductor for Jamnagar Project worth Rs. 236.71 crore. It is to be executed in the next 9 months.

Yatharth Hospital Ltd

Yatharth Hospital and Trauma Care Services Ltd has entered into a strategic agreement to acquire 100% stake in Shantived Institute of Medical Sciences (Shantived Hospital), Agra, at a valuation of Rs 260 crore, in an all-cash deal. Inaugurated in February 2021, Shantived Hospital is a prominent multi-speciality healthcare provider, catering to patients from Agra and the surrounding regions. Built across ~1,65,000 sq. ft., the hospital currently operates about 150 beds, with an expandable capacity of 250 beds. It has two buildings with additional land parcel for further expansion. The hospital is NABH accredited, offers all major super specialties and is empaneled with major insurers and government schemes. Currently, it is operating at an occupancy of approximately 35%, Shantived Hospital generated revenue of around Rs 50 crore in FY25

Power Sector 

Lack of adequate transmission network to supply renewable energy to load centres of other states from Rajasthan has resulted in the curtailment of 25% capacity during peak hours. The curtailment may further increase as not only more solar projects are getting commissioned, but also some of the critical transmission elements are facing delays of over one to two years.

Ceigall India Ltd

Company has emerged as L1 bidder in Financial Bid Opening for the following tender invited by Greater Mohali Area Development Authority (GMADA). The project cost is pegged at Rs 468 crore. It is to be completed over the next 24 months.

Please refer disclaimer at https://www.hdfcsec.com/article/disclaimer-1795

SEBI Registration number is INZ00017133