Market Outlook: Technical Call Of The Day & Top 5 Stocks In Focus For 13th Aug 2025

Nifty index opened flattish and after the initial gains, it slipped lower. It failed to hold above 24700 zones and anchored with minor attempts of recovery seen but it eventually faded. The index slipped to 24465 levels and closed with losses of around 100 points. It formed a bearish candle on the daily frame with longer upper shadow indicating pressure intact at the higher zones. Now if it manages to hold above 24442 zones then up move can be seen towards 24700 then 24800 zones while supports can be seen at 24350 then 24250 zones.

On option front, Maximum Call OI is at 24600 then 24700 strike while Maximum Put OI is at 24500 then 24400 strike. Call writing is seen at 24700 then 24600 strike while Put writing is seen at 24550 then 24600 strike. Option data suggests a broader trading range in between 24000 to 25000 zones while an immediate range between 24300 to 24700 levels.

S&P BSE Sensex index opened on a flattish note and edged higher during the first half of the session. However the index faced resistance near the 81000 zone and failed to breach it, triggering sharp profit booking in the latter part of trade. On the daily chart the Sensex formed a bearish candle with a upper shadow signalling overhead supply and selling pressure at elevated levels and a capped upside. The index eventually closed with losses of around 370 points. Now if it manages to hold above 80000 zones, then bounce could be seen towards 80500 then 80800 zones else weakness can be seen towards 79800 and 79500 zones.

Bank Nifty index opened on a flattish note and extended the momentum towards 55566 marks in the initial hour of the session. However it failed to hold at higher levels and gradually drifted lower towards 55000 zones in the latter part of the session. It formed a bearish candle on daily scale as some pause was seen at higher zones but is hovering near its 100 DEMA. Index has got stuck in a range of 700 points from the last few sessions as momentum is missing on either sides. Now it has to hold above 55000 zones for a bounce towards 55250 then 55555 zones while a hold below the same could see some weakness towards 54750 then 54500 levels.

Nifty future closed negative with losses of 0.32% at 24550 levels. Positive setup seen in Alkem, Jindal Steel, MCX, Max Financial, Maruti, Dmart, Hero Motocorp, VBL, M&M and Dalmia Bharat while weakness in Astral, Kalyan Jewellers, Bajaj Finance, Godrej Properties, BDL, Concor, Solar Industries, Muthoot Finance, Angel One and Nestle India.

ASHAPURMIN - TECHNICAL CALL OF THE DAY

Ashapura Minechem is trading above all key moving averages (40/100/200 EMA) on the daily chart, reflecting strong underlying bullish momentum. The Super Trend indicator remains positive, further reinforcing bullish implications. After a recent correction from the Rs 560 zone, the stock has shown signs of stabilization and a minor rebound, supported by RSI recovering from near 58 levels, suggesting buying interest at lower levels. Sustaining above ₹530 could pave the way for a retest of recent highs, while a break below this support may trigger short-term consolidation.

BUY ASHAPURMIN CMP 542.75 SL 530.00 TGT 570.00

Top 5 stocks to watch out for 13th Aug

United Breweries:

United Breweries has now launched its iconic premium beer, Amstel Grande, in Goa. This expansion marks a key development in India’s premium beer market, combining UBL's brewing excellence with Amstel's 150-year heritage, further elevating the beer experience for consumers in the region. With no added sugar and perfected through extensive global and local testing, it achieved top scores in consumer research, setting a new standard in premium beer.

Apollo Hospitals:

Apollo Hospitals posted a consolidated net profit of Rs 433 crore in Q1FY26, up 42% YoY from Rs 305 crore, driven by strong operational performance. Revenue grew 14.9% to Rs 5,842 crore, while EBITDA rose 26.3% to Rs 851.5 crore, with operating margins improving to 14.6% from 13.3%. The quarter saw the announcement of the demerger of its Omni Channel Pharmacy and Digital Health business into Apollo Healthtech Ltd. Key milestones included completing 6,000 paediatric cardiac surgeries and launching two AI-powered healthcare initiatives — ‘Oralife’ for early oral cancer detection and ‘Apollo Zen’ for preventive care.

Karnataka Bank:

Karnataka Bank reported a 27% YoY decline in net profit to Rs 292 crore in Q1FY26, compared to Rs 400 crore a year ago, as NII fell 16.4% to Rs 755 crore. Asset quality weakened, with GNPA rising to 3.46% from 3.08% in March and NNPA increasing to 1.44% from 1.31%. Aggregate business grew 1.12% YoY to Rs 1,77,509.19 crore, driven by a 3.16% rise in deposits to Rs 1,03,242.17 crore, while gross advances slipped to Rs 74,267.02 crore. The bank posted an operating profit of Rs 467.29 crore, and capital adequacy ratio improved sharply to 20.46% from 17.64% last year.

Nazara Tech:

Nazara Technologies posted a sharp growth in Q1FY26 with revenues of Rs 498.8 crore, up 99% YoY and EBITDA of Rs 47.4 crore up 90% YoY. The core gaming business achieved a 24.4% EBITDA margin, reflecting strong execution of its IP-led gaming strategy. PAT in Q1FY26 was Rs 51.3 crores, marking a 118% YoY increase and underlining the company’s continued ability to generate sustainable profits even as it invests for growth.

The Board also announced a stock split, sub-dividing each existing equity share with a face value of Rs 4 into two shares of Rs 2 each, followed by a 1:1 bonus issue, granting one Rs 2 bonus share for every Rs 2 share held. The record date for the bonus issue will be announced separately. The rationale behind the same is to enhance liquidity and attract greater retail investor participation.

Jupiter Wagons:

Jupiter Wagons Ltd reported a 66.2% YoY decline in net profit to Rs 31 crore in Q1FY26, compared to Rs 91.9 crore last year. Revenue fell sharply by 47.8% to Rs 459.3 crore, while EBITDA dropped 56.3% to Rs 59.9 crore. EBITDA margin contracted to 13% from 15.5% in the same quarter last year. 

Order book as of 30th June 2025 stands at Rs 5,972 crore. Management says that operations were temporarily impacted due to shortage in wheel set availability from Indian Railways, which led to a short-term dip in output; however, with supply conditions improving, they anticipate recovering the lost production in the coming months.