Morning Intelligence
10 August 2026 | Pre-Market Setup
🌅 Opening Bias: Neutral
Global cues are mixed with Asian markets showing strength, but GIFT Nifty indicates a slightly cautious opening for Indian markets, with key US economic data awaited.
🌍 Global Cues & Asian Markets
Asian markets followed Wall Street higher, driven by strong corporate earnings and a soft US jobs report, though GIFT Nifty shows a slight dip, indicating a cautious start for Indian equities.
📈 Sector Performance
📰 Pre-Market News
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Titan, SBI, Ola Electric, Astra Microwave, and Hindalco in focus after Q1 results.
Titan reported 63% YoY profit growth, SBI saw 10% YoY profit growth, and Hindalco recorded a 75% YoY profit rise, while Ola Electric narrowed its losses in Q1. -
Indian markets closed lower Friday amid mixed global cues and rising crude oil prices.
Indian equities experienced a minor decline on Friday due to weak global cues and profit booking activity, with analysts remaining bullish on Nifty above 24,350.
🎯 Stocks in Focus
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Titan
Reported 63% year-on-year growth in consolidated net profit for Q1. -
State Bank of India (SBI)
Reported 10% year-on-year growth in standalone net profit for Q1, beating Street estimates. -
Hindalco Industries
Reported a 75% year-on-year rise in consolidated net profit for Q1, reaching a record high. -
Ola Electric
Reported a narrower loss in the first quarter. -
Navin Fluorine
Shares surged 8% after Q1 profit more than doubled.
💡 Structural Watchlist
Long-term
UPSIDE: +20-25%
Basis of Pick: Strong government focus on indigenous defense manufacturing and exports, robust order book, and strategic importance in national security.
HAL is a key beneficiary of India's 'Atmanirbhar Bharat' initiative in defense, with sustained growth prospects driven by modernization and geopolitical factors.
Mid-term
UPSIDE: +18-22%
Basis of Pick: Transitioning from traditional lead-acid batteries to advanced energy solutions for EVs and renewable energy storage, positioning for future growth in the green economy.
With increasing EV adoption and renewable energy infrastructure, ARE&M is poised to capture significant market share in the evolving energy storage landscape.
*Disclaimer: The structural watchlist suggestions are based on market data and quantitative/technical setups. These are for educational purposes and should not be considered as professional investment advice. Consult a SEBI registered advisor before making financial decisions.
💱 Commodities & Forex
📅 Today’s Calendar
Investors are closely watching upcoming US inflation and employment data for cues on Federal Reserve interest rate decisions.