Market Decoder

Good Morning All

ITC in focus *ITC Infotech will acquire ~22.1% in Happiest Minds from promoters for 1,330 Cr in cash.* This will be funded through a 1,330 Cr rights issue. Happiest Minds will then be amalgamated into ITC Infotech. Post-merger, ITC Limited is expected to own ~73.4% of the combined entity, while Happiest Minds shareholders will own ~26.6%. The share-swap ratio: - *25 ITC Infotech shares for every 81 Happiest Minds shares*. ITC IT Services FY26 Revenue: 4,718 Cr PAT: 510 Cr Happiest Minds FY26 revenue: 2,315 Cr The combined business is targeting a path to: $1 billion revenue scale by FY28E Management is targeting approximately: ~10% revenue synergies ~100 bps margin expansion Presentation implies: - Happiest Minds value: 6,167 Cr - ITC Infotech value: 11,920 Cr The combined entity will then be listed, creating a listed IT services platform. The transaction is expected to take ~15 months, subject to regulatory and shareholder approvals.

NTPC levels arrived for entry, 2 % strict SL,

NTPC levels arrived for entry, 2 % strict SL,

levels has come , but reversal not yet seen , so wait n watch for averaging

📊 *STOCKS TO WATCH TODAY — MSCI REBALANCING* 📊🚨 🌍 MSCI rebalancing adjustments: 31st Aug 📅 Effective from: 1st Sept (Tuesday) ⏰ Key Watch: The last 30 minutes of trade could see elevated volumes & volatility due to passive fund adjustments! 👀🔥 🟢 MSCI INCLUSION — Potential INFLOWS 💰 🔹 Laurus Labs — +$598M 🔹 Lenskart — +$352M 🔹 Adani Energy Solutions — +$310M 🔹 Groww — +$256M 📈 WEIGHT INCREASE — Potential INFLOWS 🚀 ⭐ Eternal — +$674M 🔹 Adani Enterprises — +$202M 🔹 Adani Ports — +$77M 🔹 JSW Energy — +$34M 🔹 Adani Power — +$28M 🔹 GMR Airports — +$22M 🔹 Swiggy — +$13M 🔴 MSCI EXCLUSION — Potential OUTFLOWS 💸 🔻 Balkrishna Industries — −$169M 🔻 SBI Cards — −$143M 🔻 Astral — −$138M 📉 WEIGHT DECREASE — Potential OUTFLOWS 🔻 Reliance Industries — −$523M 🔻 Jio Financial — −$61M 🔻 Indian Hotels — −$32M 🔻 AB Capital — −$21M 🔻 Colgate — −$16M 🔥 BIGGEST EXPECTED FLOWS 🟢 Eternal: +$674M 🟢 Laurus Labs: +$598M 🔴 Reliance Industries: −$523M ⚡ Expect stock-specific action, higher volumes & possible volatility near market close.

Only above 24200 Nifty ll start its bullish move

Any reversal now can nifty up , but that’s a retracement only

Below 24135 Nifty ll remain bearish only

Nifty Supports are 24050 to 24000

Good Morning All

Nifty Bullish above 24170, resistance levels are 24210, 24265, 24290

If anyone got this ipo, book it

As suggested given 100% listing gains

Nifty Brarish below 24150, supports 24110, 24070, 24030

Bearish view perfectly worked and clearly Targets hit

Bullish above 24272, above targets 24310 , 24365