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Research Periodic Report NSDL Rises Ahead of Results, Hyundai Gains on Goldman ‘Buy’, Praj Hits 2-Year Low on Weak Q1

NSDL Rises Ahead of Results, Hyundai Gains on Goldman ‘Buy’, Praj Hits 2-Year Low on Weak Q1

Written by - Fisdom Research

August 12, 2025 2 minutes

Market Snapshot

  • Benchmark indices ended a choppy session in the red on August 12, with the Nifty 50 closing below 24,500 at the day’s low amid selling in realty, FMCG, and financial stocks.
  • Sectoral performance was mixed—auto, pharma, metal, oil & gas, IT, and media gained 0.3–0.7 percent, while realty, FMCG, banking, and consumer durables slipped 0.5 percent each.
  • Broader markets fared better, with the BSE Midcap index easing 0.2 percent and the Smallcap index ending flat.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY PHARMA 0.7 NIFTY HEALTHCARE INDEX 0.6
NIFTY MIDSMALL HEALTHCARE 0.7 NIFTY AUTO 0.6
NIFTY MEDIA 0.6 NIFTY OIL & GAS 0.4
NIFTY MIDSMALL IT & TELECOM 0.6 NIFTY IT 0.4

Top News

  • NSDL– Swung 5% intraday before closing 2% higher ahead of its first quarterly results post-listing; trades at ~79x P/E vs CDSL’s ~66x.
  • Hyundai Motor India- Gained 3% after Goldman Sachs initiated ‘Buy’ with a ₹2,600 target (21% upside), citing strong growth potential in FY27–FY28.
  • Praj Industries  – Slumped 9% to a two-year low after Q1FY26 PAT plunged 94% YoY to ₹5.34 crore; revenue fell to ₹640 crore from ₹699 crore.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
TECHM 2.0 BAJFINANCE -2.8
MARUTI 2.0 TRENT -1.4
HEROMOTOCO 1.8 HINDUNILVR -1.4

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 24,300 24,650
Bank Nifty 54,500 55,600

Trade Ideas Update

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