HDFC securities

"Global investing is no longer optional for Indian investors - but buying NVIDIA & Apple isn’t true diversification." Mr Dhiraj Relli, MD & CEO of HDFC Securities, breaks down international portfolio strategy, ETF adoption trends, and managing LRS frictions with The Economic Times. https://shorturl.at/8Bl9f

Expert F&O idea of the day💡 Sell BANKNIFTY • 29 Sep 2026 • 56800 • CALL at ₹528.15 • Target: ₹360 • Potential Returns: 31.84% • Stoploss: ₹675 • Valid upto: 29-09-2026 Trade Now: https://investright.onelink.me/Xwlu/d6pp9u14 Disclaimer: http://hdfcsky.com/disclaimer

MTF SHORT-TERM PICK! VA TECH WABAG LTD • Buy at ₹2206.5 • Target: ₹2360 • Stoploss: ₹2090 • Valid Upto: 10 days Read Report: https://investright.onelink.me/Xwlu/uxfzrk92 Trade Now: https://investright.onelink.me/Xwlu/orx1bccr

F&O Update: Book Profit Book Profit in SENSEX • 10 Sep 2026 • 74800 • CALL at ₹100.7 Yielding a return of 27.47% Buy Call Issued on 10-09-2026 at ₹79 Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795 Take Action: https://investright.onelink.me/Xwlu/0qjeb0gu

F&O Update: Book Profit Book Profit in SENSEX • 10 Sep 2026 • 74700 • CALL at ₹138.5 Yielding a return of 3.9% Buy Call Issued on 10-09-2026 at ₹133.3 Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795 Take Action: https://investright.onelink.me/Xwlu/sjiiglzf

Expert F&O idea of the day💡 Buy SENSEX • 10 Sep 2026 • 74800 • CALL at ₹79 • Target: ₹150 • Potential Returns: 89.87% • Stoploss: ₹40 • Valid upto: 10-09-2026 Trade Now: https://investright.onelink.me/Xwlu/bi3klsfq Disclaimer: http://hdfcsky.com/disclaimer

MTF Book Profit in Electronics Mart India Limited Book Profit at ₹190 Yielding a return of 2.86% Buy Call Issued on 08-09-2026 at ₹184.71 Take Action: https://investright.onelink.me/Xwlu/c9n71fus

MTF SHORT-TERM PICK! EMMVEE PHOTOVOLTAIC PWR L • Buy at ₹341.5 • Target: ₹365 • Stoploss: ₹324 • Valid Upto: 10 days Read Report: https://investright.onelink.me/Xwlu/o7t3putc Trade Now: https://investright.onelink.me/Xwlu/t3qekvua

F&O Update: Book Profit Book Profit in SENSEX • 10 Sep 2026 • 74800 • PUT at ₹123.1 Yielding a return of 16.13% Buy Call Issued on 10-09-2026 at ₹106 Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795 Take Action: https://investright.onelink.me/Xwlu/azcvvivb

Expert F&O idea of the day💡 Buy SENSEX • 10 Sep 2026 • 74800 • PUT at ₹106 • Target: ₹200 • Potential Returns: 88.68% • Stoploss: ₹60 • Valid upto: 10-09-2026 Trade Now: https://investright.onelink.me/Xwlu/8sl7a5wg Disclaimer: http://hdfcsky.com/disclaimer

MTF Book Profit in HERITAGE FOODS LTD Book Profit at ₹394.15 Yielding a return of 4.36% Buy Call Issued on 02-09-2026 at ₹377.7 Take Action: https://investright.onelink.me/Xwlu/2u9l0pyk

MTF Book Profit in HUHTAMAKI INDIA LTD Book Profit at ₹272.5 Yielding a return of 4.43% Buy Call Issued on 09-09-2026 at ₹260.95 Take Action: https://investright.onelink.me/Xwlu/c4ftnhx1

Expert F&O idea of the day💡 Buy SENSEX • 10 Sep 2026 • 74800 • PUT at ₹181.6 • Target: ₹260 • Potential Returns: 43.17% • Stoploss: ₹120 • Valid upto: 10-09-2026 Trade Now: https://investright.onelink.me/Xwlu/asts2s59 Disclaimer: http://hdfcsky.com/disclaimer

F&O Update: Book Profit Book Profit in SENSEX • 10 Sep 2026 • 74800 • PUT at ₹193.25 Yielding a return of 20.78% Buy Call Issued on 10-09-2026 at ₹160 Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795 Take Action: https://investright.onelink.me/Xwlu/tc7i0tct

Expert F&O idea of the day💡 Buy SENSEX • 10 Sep 2026 • 74800 • PUT at ₹160 • Target: ₹250 • Potential Returns: 56.25% • Stoploss: ₹100 • Valid upto: 10-09-2026 Trade Now: https://investright.onelink.me/Xwlu/xwdkcwaz Disclaimer: http://hdfcsky.com/disclaimer

F&O Update: Book Profit Book Profit in SENSEX • 10 Sep 2026 • 74800 • CALL at ₹195.55 Yielding a return of 25.35% Buy Call Issued on 10-09-2026 at ₹156 Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795 Take Action: https://investright.onelink.me/Xwlu/y0d4hlh4

EXPIRY SPECIAL INTRADAY! Buy SENSEX • 10 Sep 2026 • 74800 • CALL at ₹156 • Target: ₹312 • Potential Returns: Upto 100% • Stoploss: ₹98 Trade Now: https://investright.onelink.me/Xwlu/x8xwjz2y Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795

F&O Update: Book Profit Book Profit in MIDCPNIFTY • 29 Sep 2026 • 14500 • PUT at ₹144 Yielding a return of 7.46% Buy Call Issued on 09-09-2026 at ₹134 Disclaimer: https://www.hdfcsec.com/article/disclaimer-1795 Take Action: https://investright.onelink.me/Xwlu/llpt5zj5

Copper continues to show strong underlying momentum on supply concerns, while natural gas remains pressured by the expected seasonal decline in demand.

*MORNING COMMODITY BRIEF* — September 10, 2026 COMMODITIES * Gold: $4,413.88 (+0.27%) — holds near $4,400 as a weaker dollar and long-term hedging demand offset pressure from higher oil prices and Treasury yields. * Silver: $67.47 (+0.28%) — edges higher alongside gold, supported by dollar weakness and rally in industrial metals. * WTI Crude: $96.03 (-0.02%) — consolidates near multi-month highs as escalating U.S.-Iran tensions raise concerns over further disruptions to Middle East energy supplies. * Natural Gas: $2.79 (-0.57%) — declines for a second session as cooler weather is expected to reduce demand heading into the shoulder season. * Copper: $14,782.65 (+0.01%) — holds near record highs after the recent rally, with tight supply and strong demand continuing to underpin prices. * U.S. Dollar Index: 98.75 (-0.06%) — remains subdued ahead of key U.S. inflation data. WATCH TODAY (IST) * 15:30 IST — OPEC Monthly Report * *17:45 IST — ECB Interest Rate Decision (Sep) | Forecast: 2.65% | Previous: 2.40%* * 18:00 IST — U.S. PPI (MoM) (Aug) | Forecast: 0.40% | Previous: 0.00% * *18:00 IST — U.S. PPI (YoY) (Aug) | Previous: 4.70%* * 18:00 IST — U.S. Initial Jobless Claims | Forecast: 205K | Previous: 206K * 18:00 IST — U.S. Core PPI (MoM) (Aug) | Forecast: 0.30% | Previous: 0.20% * *18:00 IST — U.S. Core PPI (YoY) (Aug) | Forecast: 4.60% | Previous: 4.20%* * 19:30 IST — U.S. Existing Home Sales (Aug) | Forecast: 3.98M | Previous: 4.06M * 20:00 IST — U.S. Natural Gas Storage | Forecast: +28 Bcf | Previous: +30 Bcf * 21:30 IST — U.S. Crude Oil Inventories | Previous: -4.450M TOP COMMODITY NEWS * Gold remains around $4,400 as investors await today’s U.S. PPI and Friday’s CPI for clues on the Federal Reserve’s next policy move. * A weaker dollar and continued demand for gold as a long-term hedge are providing support, although higher oil prices, Treasury yields and rate expectations remain headwinds. * U.S. Treasury yields moved higher after the Treasury announced plans to buy back up to $6 billion of longer-term debt, below some market expectations. * Crude oil remains near multi-month highs as the intensifying U.S.-Iran conflict raises concerns over further disruptions to Middle East energy supplies. * WTI has recently traded above $97 while Brent moved above $100, highlighting the growing geopolitical risk premium in energy markets. * Iran has signaled readiness for a more intense conflict and warned of further attacks if U.S. military operations continue. * Limited prospects for near-term de-escalation could keep oil prices elevated and reinforce concerns over a renewed inflationary shock. * Natural gas extends its decline as markets look beyond this week’s storage report toward cooler weather and weaker seasonal demand. * The EIA is expected to report a 28 Bcf increase in U.S. natural gas storage, slightly below the previous 30 Bcf build. * Copper remains firm near record levels, supported by tight supply conditions and resilient demand despite the recent rise in prices. MARKET THEME OF THE DAY Inflation Data Takes Center Stage as Oil Risk Builds The key focus for markets today is the U.S. PPI report, followed by CPI on Friday. With crude oil trading near multi-month highs, stronger-than-expected inflation data could reinforce expectations for higher interest rates and place renewed pressure on gold and other rate-sensitive assets. Gold is currently balancing two opposing forces: safe-haven and hedging demand on one side, and higher yields and oil-driven inflation expectations on the other. The weaker dollar remains supportive, but the inflation data will be crucial in determining whether gold can sustain its move above $4,400. Energy markets remain the biggest source of inflation risk. Any further escalation in the U.S.-Iran conflict could push crude higher and strengthen the case for tighter monetary policy, while signs of de-escalation could trigger a sharp pullback in the geopolitical premium.