Markets Today

Real-time global market updates on stocks, earnings, economy, commodities, business trends, plus breaking political and war news worldwide.

[Markets Today @marketsday]

Blinded bulls blowing bubbles.

Investors ignoring risks, fueling irrational rallies.

Disclaimer: The information shared is for general informational and educational purposes only and should not be construed as financial, investment, legal, or tax advice. Analyst ratings, target prices, and market views represent the opinions of their respective research firms or institutions and do not guarantee future performance. Past performance is not indicative of future results. All investments are subject to market risks, and each investor's financial situation, objectives, and risk tolerance are unique. While every effort is made to ensure the accuracy and timeliness of the information presented, no warranty is provided regarding its completeness or reliability, and no liability is assumed for any errors, omissions, or decisions made based on this information. Readers are advised to consult a SEBI-registered investment advisor or other qualified professional before making any investment decisions.

[Markets Today @marketsday]

Sweden Inflation – October 2026

🔹 Swedish CPI remained unchanged at 0.0% MoM, in line with expectations.

🔹 Annual CPI inflation stood at 0.9%, matching both market expectations and the previous reading.

\#UKEconomy #UKGDP #UKInflation #IndustrialProduction #Manufacturing #UKMarkets #SwedenCPI #EuropeanEconomy #EconomicData #GlobalMarkets

[Markets Today @marketsday]

UK #Economic Data – September & Q3 2026

🔹 UK monthly GDP rose 0.2% in September, above the 0.0% estimate and previous reading of 0.1%.

🔹 UK GDP grew 0.7% QoQ in Q3 2026, in line with expectations, compared with 0.5% in Q2.

🔹 Annual GDP growth accelerated to 1.9%, matching expectations against the previous reading of 1.4%.

Industrial & Manufacturing Production

🔹 Industrial production increased 0.3% MoM in September, beating expectations of a 0.4% decline.

🔹 Annual industrial production growth accelerated to 3.1%, above the 2.8% estimate and previous reading of 1.6%.

🔹 Manufacturing production rose 0.7% MoM, compared with expectations of a 0.5% decline.

🔹 Annual manufacturing production growth increased to 4.4%, beating the 3.8% estimate.

Services & Construction

🔹 UK services output increased 0.2% MoM in September, above the flat growth expected.

🔹 Services output grew 0.9% over the three months to September.

🔹 Construction output increased 0.8% MoM, beating expectations of a 0.1% decline.

🔹 Annual construction output declined 1.5%, although the contraction was smaller than the expected 2.2%.

Trade, Investment & Spending – Q3 2026

🔹 Exports increased 1.6% QoQ, exceeding expectations of 0.8%.

🔹 Imports rose 1.8% QoQ, above the 0.6% estimate.

🔹 Total business investment increased 0.4% QoQ, below expectations of 0.6%.

🔹 Annual business investment growth slowed to 3.0% from 5.2%.

🔹 Private consumption increased 0.6% QoQ, above expectations of 0.4%.

🔹 Government spending rose 0.6% QoQ, compared with expectations of 0.5%.

🔹 Gross fixed capital formation increased 1.7% QoQ, beating expectations of 0.7%.

[Markets Today @marketsday]

Alibaba Group Holding $BABA Shares Drop 7 Percent In Hong Kong – November 12, 2026

🔹 Alibaba Group Holding $BABA shares dropped approximately 7 percent in Hong Kong trading, leading a broader downturn across regional technology indices.

🔹 The sell-off was driven by mounting anxieties surrounding U.S. export controls and tightening restrictions that could potentially limit Chinese cloud service providers from accessing advanced semiconductors.

🔹 Market participants remain concerned over proposed regulatory measures targeting remote computing access via overseas data center infrastructure used for artificial intelligence model training.

🔹 The equity pressure intensified following recent developments within the broader semiconductor supply chain, impacting investor sentiment toward major platform companies.

#Alibaba #BABA #HongKongStockMarket #Nvidia #CloudComputing #Semiconductors #USChinaRelations #TechStocks #Equities

[Markets Today @marketsday]

Siemens lifts mid-term outlook as AI-driven data centre demand boosts orders

[Markets Today @marketsday]

FTSE 100 : Stocks gain; AI boom lifts UK economic growth

[Markets Today @marketsday]

Russian Overnight Strikes on Ukraine, November 12, 2026

🔹 A drone hit a nine-story building in Kyiv, killing one person and injuring at least six, with three rescued, according to the Ukrainian Prime Minister.

🔹 Russian overnight attacks caused damage in eight Ukrainian regions and targeted energy and transport infrastructure, the Prime Minister said.

🔹 Overnight strikes on energy infrastructure caused power outages in nine regions, the Deputy Energy Minister reported.

#Ukraine #Kyiv #Russia #EnergyInfrastructure #NewsUpdate

[Markets Today @marketsday]

Chinese AI stocks tumbled on concerns that cloud operators’ access to advanced chips may face tighter scrutiny amid the controversy surrounding Nvidia

[Markets Today @marketsday]

📈 Meesho shares surge to new post-listing high on MSCI inclusion

[Markets Today @marketsday]

The recent selloff in #US stocks has left investors searching for signs of a market bottom, but four key indicators suggest it may be too early to declare the correction over, according to a Reuters analysis.

[Markets Today @marketsday]

📉 Goldman Sachs sees 22% downside in Garden Reach Shipbuilders, reiterating its 'Sell' call despite a ₹32,000 crore order boost.

[CNBC-TV18 @CNBCTV18News]

📉 Goldman Sachs sees 22% downside in Garden Reach Shipbuilders, reiterating its 'Sell' call despite a ₹32,000 crore order boost.

What is driving the brokerage's cautious outlook?

✍️ @ShlokaBadkar explains the key concerns.

https://t.co/6Qsyo9s4DJ

#DefenceStocks #GRSE #GoldmanSachs #StockMarket #CNBCTV18

[Markets Today @marketsday]

Retail inflation likely to hit 6% in October, putting RBI's December policy in focus

[Markets Today @marketsday]

Siemens raised its medium-term growth targets after posting record orders in its 2026 fiscal year, betting that demand for data centers, industrial AI and factory automation will continue to underpin profit.

[Markets Today @marketsday]

Tata Motors Q2 FY27 Results Preview – November 13, 2026

🔹 Tata Motors' post-demerger businesses are reporting Q2 FY27 results on separate dates.

🔹 Tata Motors Passenger Vehicles (TMPV), covering domestic passenger vehicles and Jaguar Land Rover (JLR), will announce its Q2 FY27 results on November 13, 2026. The earnings call is scheduled for 6:30 PM IST.

🔹 Tata Motors Commercial Vehicles (TMCV) has already announced its Q2 FY27 results on October 23, 2026.

Upcoming Results: Tata Motors Passenger Vehicles (TMPV)

🔹 Consolidated net profit is expected to recover sequentially from ₹775 crore in Q1 FY27. Year-on-year comparison remains distorted by the one-time demerger gain in Q2 FY26.

🔹 Consolidated revenue is expected to increase both YoY and QoQ, supported by strong domestic volumes and improved JLR wholesales.

🔹 JLR wholesales stood at 82,400 units, up 24.5% YoY and 3.9% QoQ.

🔹 JLR retail sales declined 7.5% YoY to approximately 79,000 units.

🔹 Domestic passenger vehicle wholesales increased 40.3% YoY to 1,96,674 units.

🔹 Domestic EV volumes surged approximately 90% YoY.

Key Factors to Watch

🔹 Positive: Strong domestic demand, 40% growth in passenger vehicle volumes and 90% growth in EV volumes could support revenue and earnings recovery.

🔹 Margins: Investors will monitor whether domestic EBITDA margins remain stable around Q1 FY27 levels of 4.3%, despite higher commodity costs.

🔹 JLR Concerns: Weak retail demand and a sharp decline in China wholesales remain key concerns.

🔹 Guidance: Investors will watch for any revision to JLR's FY27 EBIT margin guidance of approximately 4%, following the 2.8% margin reported in Q1.

🔹 Debt and Cash Flow: Consolidated net debt increased to approximately ₹42,200 crore in Q1 FY27, while negative free cash flow stood at ₹11,800 crore. Working capital improvement and cash flow recovery will be important indicators.

Previously Reported: Tata Motors Commercial Vehicles (TMCV)

🔹 Consolidated net profit stood at approximately ₹1,254–1,257 crore, compared with a loss of ₹867 crore in Q2 FY26.

🔹 Standalone net profit reached ₹2,138 crore, compared with a loss of ₹1,021 crore in the year-ago quarter.

🔹 Consolidated revenue increased 36.3% YoY and 22.6% QoQ to ₹25,338 crore.

🔹 Domestic volume growth of 30% and a 177% increase in exports supported revenue growth.

🔹 Consolidated EBITDA margin declined 40 basis points YoY to 10.9%, mainly due to higher steel and rubber costs.

🔹 Despite strong revenue and profit growth, margin pressure remained a concern for investors.

Overall Market View

🔹 TMPV's Q2 FY27 performance will depend on domestic volume growth, JLR retail recovery, margin stability and cash flow improvement.

🔹 Strong domestic performance could support earnings recovery, while weak JLR retail demand and margin pressures remain key risks.

🔹 Investors should closely monitor management commentary on JLR's FY27 outlook, profitability and debt reduction.

\#TataMotors #TMPV #TMCV #JaguarLandRover #JLR #Q2Results #Q2FY27 #IndianStockMarket #AutoSector #EVStocks #EarningsPreview #StocksToWatch

Disclaimer: The information shared is for general informational and educational purposes only and should not be construed as financial, investment, legal, or tax advice. Analyst ratings, target prices, and market views represent the opinions of their respective research firms or institutions and do not guarantee future performance. Past performance is not indicative of future results. All investments are subject to market risks, and each investor's financial situation, objectives, and risk tolerance are unique. While every effort is made to ensure the accuracy and timeliness of the information presented, no warranty is provided regarding its completeness or reliability, and no liability is assumed for any errors, omissions, or decisions made based on this information. Readers are advised to consult a qualified professional before making any investment decisions.

[Markets Today @marketsday]

Upcoming Q2 FY27 #Earnings Calendar Preview & Estimates – November 13 & November 18, 2026

## Friday, November 13, 2026

🔹 Eicher Motors (EIM:IN): Scheduled to release its Q2 FY27 financial results. Market consensus estimates point to an expected EPS of ₹53.88 (against a previous period of ₹49.92) and revenue of approximately ₹61.72 billion, underpinned by resilient Royal Enfield motorcycle volumes and commercial vehicle demand via VECV.

🔹 Grasim Industries (GRASIM:IN): Releasing September-quarter results and hosting an institutional investor earnings call. Consensus estimates anticipate an EPS of ₹26.70 (compared to ₹11.81 previously) on projected revenue of ₹21.62 billion, alongside updates on its expanding paints business and core cement/viscose segments.

🔹 Tata Motors (TTMT:IN): Sets its scheduled Q2 reporting window, carrying consensus estimates of ₹5.15 EPS on revenue of ₹1.01 trillion, reflecting ongoing monitoring of Jaguar Land Rover (JLR) volume recovery and domestic commercial/passenger vehicle margins.

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## Wednesday, November 18, 2026

🔹 Sammaan Capital (IHFL:IN): Scheduled for its quarterly update [cite: with consensus estimates tracking an EPS of ₹6.35 (versus ₹3.79 previously) on expected revenue of ₹7.45 billion.

[Markets Today @marketsday]

Hindalco Industries Q2 FY27 Earnings & Operational Highlights – November 12, 2026

## Consolidated Financial Performance

🔹 Consolidated EBITDA: Surged 52 percent YoY to ₹13,869 crore, driven by robust performance across domestic and international operations.

🔹 Consolidated PAT (Profit After Tax): Climbed 59 percent YoY to ₹7,533 crore.

🔹 India Business EBITDA: Rose 66 percent YoY to ₹9,011 crore.

🔹 Copper Business EBITDA: Reached a record ₹1,673 crore (up 164 percent YoY), with a normalized sustainable run-rate expected around ₹1,200 crore to ₹1,300 crore.

## Novelis Performance & Outlook

🔹 Operational Recovery: Production is normalizing following the Oswego Hot Mill incident.

🔹 Insurance Recoveries: Cumulative insurance recoveries reached $519 million, with an additional $47 million expected.

🔹 Guidance & Projects: Long-term EBITDA per ton guidance remains intact at $600. The Bay Minette facility produced its first cold rolled coil in September 2026, with commercial shipments slated for Q1 FY28.

🔹 Financial Target: Novelis aims to return to positive free cash flow generation and deleveraging by the end of FY27.

## India Business Segments & Expansion Capex

🔹 Upstream Aluminium: Shipments grew 1 percent YoY while revenues jumped 33 percent YoY, delivering an EBITDA of ₹7,009 crore (up 55 percent YoY) at an EBITDA per ton of $2,125.

🔹 Downstream Aluminium: Shipments advanced 6 percent YoY to 119 KT, generating an EBITDA of ₹329 crore (up 26 percent YoY) with an EBITDA per ton of $289.

🔹 Capex Roadmap: Over ₹1 lakh crore planned across the next 5 years, comprising ₹50,000 crore currently under execution and ₹50,000 crore under evaluation for copper recycling, smelter expansions, and downstream capacities.

🔹 Resource Security: Steady progress on the Chakla and Meenakshi coal mines to reinforce self-sufficiency.

## Market Outlook & Sustainability

🔹 Global Markets: Global aluminum deficit projected at ~0.8 million tons in CY26, supported by robust domestic demand growth (~6 percent YoY in Q2 FY27). Indian refined copper demand eased 3 percent YoY, though concentrate markets remain tight.

🔹 LME Price Outlook: Consensus expectations center around $2,600–$2,800 per ton, subject to geopolitical volatility.

🔹 ESG & Safety: Zero fatalities recorded in Indian operations during the quarter, with the Lost Time Injury Frequency Rate (LTIFR) improving to 0.16. Aditya Alumina Refinery received the British Safety Council Award 2026, 62 percent of total waste was recycled, and renewable energy capacity reached 643 MW on track for 884 MW by FY27 exit.

#Hindalco #HindalcoIndustries #Novelis #Q2Results #Aluminium #Copper #MetalsAndMining #IndianStockMarket #NSE #BSE #Equities

[Markets Today @marketsday]

Deccan Cements Ltd reported standalone results for Q2 FY27. Revenue from operations stood at ₹221.68 Cr, a slight increase from ₹219.34 Cr in Q1 FY27, but a significant jump from ₹140.31 Cr in Q2 FY26. Total income was ₹222.99 Cr. The company reported a net loss of ₹15.21 Cr for the quarter, compared to a loss of ₹7.39 Cr in Q1 FY27 and a profit of ₹9.07 Cr in Q2 FY26. For the half year ended Sep 2026, net loss was ₹22.59 Cr vs profit of ₹24.42 Cr in H1 FY26. Basic EPS was (₹10.11) for Q2 FY27.

[Markets Today @marketsday]

Praruh Technologies Ltd 🚀 has been awarded a significant order by Delhi Metro Rail Corporation Ltd. (DMRC) for the upgradation of Telecom Network Infrastructure. This crucial project covers Lines 1, 2 & 3 Phase-1 stations of DMRC.

Key details of the order:

- 𝗔𝘄𝗮𝗿𝗱𝗶𝗻𝗴 𝗘𝗻𝘁𝗶𝘁𝘆: Delhi Metro Rail Corporation Ltd. (DMRC) 🚇
- 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗦𝗰𝗼𝗽𝗲: Upgradation of Telecom Network Infrastructure at Line 1, 2 & 3 Phase-1 stations, and upgradation of PRC system at OCC MB and BCC SHPK.
- 𝗢𝗿𝗱𝗲𝗿 𝗩𝗮𝗹𝘂𝗲: ₹7,80,78,092.24 (approx. ₹7.8 Cr) 💰
- 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲: To be completed within 06 mon

[Markets Today @marketsday]

#AurobindoPharma shares extend losses after USFDA's OAI classification for subsidiary's plant

[Markets Today @marketsday]

Reliance Industries Plans ₹43,000 Crore Coal Gasification Complex in Andhra Pradesh – November 12, 2026

🔹 Reliance Industries Ltd plans to invest approximately ₹43,000 crore ($4.59 billion) across two phases to develop an integrated underground coal gasification (UCG) complex in Andhra Pradesh.

🔹 The project is projected to generate around 5,000 direct jobs and 35,000 indirect and induced livelihoods in the state, with total lifetime investments potentially scaling up to ₹2.7 trillion subject to commercial viability.

🔹 Utilizing coal reserves from the Chintalapudi and Recherla coal blocks—awarded under the 14th round of commercial coal auctions with agreements executed in April 2026—Reliance Industries will begin simultaneous exploration and pilot operations in Chintalapudi with an initial outlay of up to ₹3,000 crore targeted for completion by mid-2028.

🔹 Underground coal gasification converts deep coal reserves into synthesis gas (syngas) in situ without conventional mining, providing domestic feedstock for downstream chemicals, fertilizers, hydrogen, and industrial manufacturing while reducing import dependence.

🔹 The development adds to a surge of large-scale corporate capital inflows into Andhra Pradesh, alongside Reliance's joint venture data center investments, Google's $15 billion AI hub commitment, and Kia India's newly announced $2 billion manufacturing expansion.

#RelianceIndustries #RIL #AndhraPradesh #CoalGasification #EnergySector #IndianStockMarket #Capex #CleanEnergy #NSE #BSE #Equities

[Markets Today @marketsday]

Astra Microwave Products Profit Grows 2X
Astra Microwave Products (Q2, Consolidated YoY)

Net profit at Rs 51.1 crore versus Rs 23.9 crore.
Revenue up 22% to Rs 263 crore versus Rs 215 crore.
Ebitda up 84% to Rs 88 crore versus Rs 48 crore.
Margin at 33.4% versus 22.3%.