US-China TikTok Framework Lifts Asia; India's IPO Renaissance in Focus
Global optimism is driving Asian markets higher after breakthrough U.S.-China trade progress in Madrid, with TreasurySecretaryScott Bessent announcing a "framework agreement" on TikTok divestment.
MK
Dr. Murali KalyanaramanGlobal CFO · 30+ years in corporate finance · Chartered Accountant (ICAI) · 5 min read
Today's session is likely to be shaped by a tug-of-war between positive global cues and domestic profit-taking. The key factor to watch is whether the market continues the trend of sector rotation, with funds moving out of recent outperformers like IT and into cyclicals such as Realty and PSU Banks.
Fresh Overnight Highlights:
Nikkei crosses 45,000 milestone for the first time, leading Asia-Pacific gains
Fed policy decision looms this week - markets positioning for rate cuts
GIFT Nifty at 25,157 (-10 points) suggests muted opening despite positive global cues Key Watch Factors: U.S.-China trade call between Trump-Xi on Friday, Fed policy outcome, and domestic earnings momentum ahead of festive season demand.
2Tech Pulse
Top Stories:
India's AI Economic Boost: NITI Aayog projects AI could add $1-1.7 trillion to GDP by 2035, with banking, manufacturing, and pharma leading productivity gains.
Semiconductor Play Intensifies: Indian IT companies eyeing chip and electronics manufacturing as the domestic market is expected to double from $45-50 billion to $100-110 billion by 2030.
Accenture's AI Training Blitz: Global consulting giant to train 700,000 employees in agentic AI technologies, signaling enterprise adoption acceleration.
Alphabet enters the $3T club — AI optimism + antitrust overhang eased. Sentiment: bullish for U.S. mega-cap tech; watch spillover to Indian IT services multiples. Trigger: FOMC outcome & any AI capex commentary in U.S. pressers Sector Impact: IT services companies like TCS, Infosys positioning for semiconductor consulting opportunities, while AI infrastructure plays gain traction.
3Funding Radar
Significant Recent Deals:
Tessolve Semiconductor: Raised ₹1,323 crore from TPG Capital India - largest deal in recent semiconductor space.
CityMall (Social Commerce): Secured ₹414 crore Series D from marquee investors including Accel, General Catalyst.
Seekho (EdTech): ₹247 crore Series B from Bessemer Venture Partners, Lightspeed India.
Euro Pratik Sales (Mainboard IPO): ₹135 cr raised from anchors; IPO opens today (Sep 16–18). Cross-check with trackers. Ripple: interiors/build-materials peers may get sympathy flows.
BacAlt Biosciences (biotech): ₹18 cr (pre-seed/seed) led by Avaana; follow-ups confirm. Ripple: deeptech/biomaterials theme on radar Weekly Momentum: Indian startups raised over $401 million between Sep 8-13, with EdTech firm Eruditus leading the charge. The funding diversification across semiconductors, social commerce, and education signals healthy sector rotation.
4Market Movers & Watchlist
Yesterday's Performance Review:
Outperformers: Realty sector (+2.41%) led by DLF, Lodha; Banking resilience despite market weakness
Underperformers: IT (-0.58%), Pharma (-0.64%) faced profit-booking ahead of Fed policy.
IT Sector (Infosys, TCS): The sector is oversold after recent profit-taking. Watch for a potential mean-reversion bounce if market sentiment improves.
Surprise Winner: Bank Nifty crossed 55,000 intraday, against morning consolidation expectations
Today's Actionable Levels:
Nifty: Support 24,900-25,000 | Resistance 25,150-25,300
Bank Nifty: New support at 54,700 | Breakout targets 55,500-56,000
Sectoral Focus: IT oversold bounce potential; Realty momentum sustainability Stock-Specific Triggers: HDFC Bank mean-reversion play, DLF/Lodha momentum continuation, Infosys/TCS tactical entry on weakness.
Japan's Historic Run: Topix hits record 3,172.33 as yen weakness boosts exporters.
China's Chip Investigation: Beijing probes U.S. analog chip imports, adding regulatory overhang to semiconductor plays.
6Deep Dive – India's IPO Renaissance
__________________________________________________________________________________________________________________________ Theme: Large Cap IPO Wave Incoming - SEBI's recent regulatory relief for mega listings is unleashing pent-up demand.
Key Stats: New framework allows companies above ₹50,000 crore market cap to list with minimum ₹1,000 crore + 8% float, extending compliance timeline to 10 years. Anchor allocation increased to 40%
of IPO size.
This Week's Action:
Euro Pratik Sales IPO opens today
Urban Company subscription closed at 109x oversubscription.
9 IPOs and 7 listings scheduled this week Investor Takeaway: Enhanced anchor participation (insurance funds get 7%, MFs retain 33%) creates better price discovery and reduces retail allocation pressure. Quality over quantity approach as mega-caps prepare for public debuts.
7What to Watch Today
Macro Events:
India-US Trade Talks in New Delhi addressing tariff concerns
"We have a framework in place for TikTok's U.S.-controlled ownership structure with commercial terms already finalized."
Scott Bessent, U.S. Treasury Secretary (Madrid Trade Talks, Sep 15, 2025)
9Chart of the Day
Bank Nifty Breakout Confirmation
Yesterday's High:55,018.70 (first close above 55,000)
Support Base:54,700-54,900
Extension Targets:55,500-56,000 zone __________________________________________________________________________________________________________________________
This newsletter is for informational and educational purposes only. It does not constitute investment advice. Market predictions are based on technical analysis and global cues, subject to sudden changes. All data validated through multiple sources as of 8:05 AM IST, Sep 16, 2025. Please consult a SEBI-registered advisor for trading decisions.
Subscriber Engagement: Share your Bank Nifty breakout trades with us! Best analysis gets featured in tomorrow's brief.
Tomorrow's Focus: Fed policy outcome analysis, IT sector bounce potential, and festive season demand indicators.
This research is for information and education only and is not investment advice. Figures may be provisional. Oorjita.AI and its authors may hold positions in securities mentioned. Please consult a SEBI-registered investment adviser before making investment decisions. Published Tuesday, 16 September 2025, 8:39 AM IST.
