Closing Bell: Nifty above 24,600, Sensex flat; metals, oil & gas, realty top drags

Indian equity indices ended marginally higher with Nifty above 24,600 on August 14. At close, the Sensex was up 57.75 points or 0.07 percent at 80,597.66, and the Nifty was up 11.95 points or 0.05 percent at 24,631.30.

We wrap up today's edition of the Moneycontrol live market blog, and will be back Monday morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

The choppy movement continued in the market for the second consecutive sessions on Thursday and Nifty closed the day higher by 11 points amidst range movement. After opening with a flat to positive note, the market shifted into a narrow high low range of around 76 points that lasted for the whole session.

A small positive candle was formed on the daily chart with minor upper shadow. Technically, the market action signals range bound action in the market. Probably, the market is awaiting geo-political event during long week end.

Nifty on the weekly chart formed a reasonable positive candle that reversed the previous six loosing weeks. Placement of cluster supports around 24300-24200 levels could offer strong supports on any weakness from here. However, a sustainable upmove above the hurdle of 24700 could open further upside towards 25000 mark in the near term.

Rupee ended at 87.54, down 0.10 paise or 0.10%, tracking range-bound moves in the dollar index at 97.83. Crude prices showed a mild rebound from recent lows to $63. Markets remain watchful ahead of Friday’s key meeting between US President Trump and Russian President Putin over possible peace talks on the Russia-Ukraine war. The rupee is expected to trade in the 87.25–88.00 range.

Markets traded lackluster on the weekly expiry day and ended almost unchanged. After a flat start, the Nifty oscillated within a narrow range before finally settling at 24,631.30 level. Meanwhile, a mixed trend across sectors kept participants engaged, with IT, financials, and banking ending in the green, while metal, energy, and realty were among the top losers. However, the recent decline resumed in the broader indices after a short-lived bounce, with both the midcap and smallcap indices losing nearly half a percent each.

The prevailing consolidation suggests that markets have largely digested recent negatives and are now awaiting a trigger for recovery. Additionally, oversold positions in heavyweights across sectors are further supporting this possibility.

Going forward, a decisive break above 24,800 on the Nifty could spark fresh momentum; otherwise, consolidation may persist. Participants should maintain a stock-specific trading approach with a focus on risk management.

In the last truncated week, the benchmark indices witnessed a pullback rally. The Nifty ended up by 1.1 percent, whereas the Sensex gained 748 points. Among sectors, almost all the major sectoral indices traded in positive territory, but the Pharma and Healthcare indices outperformed, both rallied over 3 percent. Meanwhile, profit booking was seen in selective FMCG and Consumer stocks.

Technically, on daily and intraday charts, the market has formed reversal patterns, which are largely positive. Additionally, a bullish candle was formed on the weekly charts, indicating the continuation of the pullback in the near future.

We believe that 24,500/80300 will act as a key support zone for short-term traders. As long as the market trades above this level, the bullish sentiment is likely to continue. On the higher side, 24,700/80900 would be the immediate resistance zone for the bulls. A successful breakout above 24,700/80900 could push the market towards 24,900-25,000/81500-81800.

However, below 24,500/80300, market sentiment could turn negative. The index could then retest levels around 24,350/79800. Further downside may also continue, potentially dragging the index to 24,200-24,150/79300-79100.

For Bank Nifty, after a long correction, it is witnessing range-bound activity. On the upside, above 55,700, it could rally towards the 20-day Simple Moving Average (SMA), around 56,000 and 56,300. On the downside, below 55,000, selling pressure is likely to accelerate. If that level is breached, the index could slip towards 54,500-54,200.

Global equity markets were mostly strong over the past week, as the US tariff saga continued. The Indian equity market continued to underperform global equity markets in the past week and was flat over this period. Nifty Midcap and Small cap underperformed by declining 0.7% and 0.6% respectively. The US imposed additional 25% tariffs on Indian exports, while existing exemptions remained in place.

USD-INR traded in a narrow range in the past week. Healthcare (+1.7%), Auto (+1.3%), Pharma (+1.9%) and IT (+0.23%) were the top gainers, while realty (-1.5%), Capital Goods (-1.5%), Consumer Discretionary (-1.5%) and metals (-1.0%) were the major losers.

The market focused on earnings and management commentary during the Q1FY26 earnings season. While aggregate earnings were broadly in line with estimates, the outlook remained muted, resulting in continued cuts in earnings estimates. FIIs remain net sellers and DIIs remain net buyers.

In Global, in US, Russian President Vladimir Putin and his U.S. counterpart Donald Trump are meeting in Alaska on Friday to try to negotiate an end to the war in Ukraine. AI startup Perplexity has offered to buy Google’s Chrome browser for $34.5 billion. In Europe, the U.K. economy expanded by 0.3% in the April-June stretch, slowing from 0.7% in the previous quarter.

Second-quarter data exceeded expectations predicting a 0.1% expansion. Economic activity was weak in April and May, but rebounded strongly in June. In Asia, Chinese tech giant Tencent reported a 15% jump in second-quarter revenue as a strong performance in its gaming unit and AI investments boosted growth.

Nifty witnessed a lackluster trading session, remaining range-bound ahead of the Trump–Putin meeting on Friday. The overall sentiment is likely to favour bullish trades as long as the index holds above 24,337.

On the higher side, resistance is placed at 24,660 and 24,850, while a fall below 24,337 could trigger a resumption of the bearish trend.

Indian equity markets ended the last trading session before Independence Day holiday with modest gains, demonstrating resilience amidst mixed global cues and pre-holiday caution.

The market's positive momentum was primarily driven by a historic sovereign rating upgrade by S&P Global, which raised India's long-term credit rating to 'BBB' from 'BBB-' with a stable outlook. This significant upgrade, citing India's robust economic growth, sustained fiscal consolidation, and policy stability, provided substantial confidence boost to investor sentiment. S&P projected that India's real GDP growth would average 6.8% annually over the next three years, reinforcing the country's economic resilience.

Technology stocks emerged as the standout performers, with the Nifty IT index surging 1.7% as global tech optimism spilled over into domestic markets. This was owing to strong performances from Infosys, Tech Mahindra, and Bajaj Finserv, each rising up to 3%. The wholesale inflation data also provided support, with July WPI falling to -0.58% compared to -0.13% in June, indicating continued disinflation trends.

Domestic institutional investor support remained unwavering, with DIIs maintaining their buying streak and purchasing equities worth Rs 5,624 crore on August 13, effectively offsetting the FII selling of Rs 3,644 crore. This marked the 28th consecutive session of DII buying, demonstrating the strength of domestic liquidity in stabilizing markets against foreign outflows.

#1 Market snaps 6-week losing streak, nifty regains last week’s losses

#2 Sensex, Nifty & Midcap index rises 1% each, Nifty Bank up 0.6%

#3 Except FMCG, all sectoral indices record gains, Pharma top gaining index

After a volatile weekly expiry-day session, Indian equities ended flat as investors traded cautiously ahead of the US-Russia summit. IT and pharma stocks advanced on the back of a softer US inflation data and dovish outlook. Banking and consumer durables also gained on hopes of a consumption-led recovery. However, weakness was seen in metals and energy indices due to falling commodity prices and over supply concerns.

S&P’s upgrade of India’s credit rating and its stable outlook, citing strong policy continuity and infrastructure-led growth is likely to support the domestic market. In the near-term, the market is expected to trade in a tight range with a mixed bias looking forward to upcoming geopolitical meets.

Indian rupee ended marginally lower at 87.56 per dollar on Thursday versus Wednesday's close of 87.49.

Indian equity indices ended marginally higher with Nifty above 24,600 on August 14.

At close, the Sensex was up 57.75 points or 0.07 percent at 80,597.66, and the Nifty was up 11.95 points or 0.05 percent at 24,631.30. About 1655 shares advanced, 2221 shares declined, and 142 shares unchanged.

Wipro, Eternal, HDFC Life, Infosys, Asian Paints were among major gainers on the Nifty, while losers included Tata Steel, Adani Ports, Tech Mahindra, Hero MotoCorp, Bharat Electronics.

On the sectoral front, metal and oil & gas down 1 percent each, realty and FMCG down 0.5% each, while Consumer Durables and IT rose 0.5 percent each.

The BSE midcap index was down 0.2 percent and smallcap index shed 0.6 percent.

Rail Vikas Nigam Limited has received LOA from Southern Railway for provision of Video Surveillance System (VSS) at 441 D & E Category Stations along with Augmentation at 43 Stations (Categories A1, A, B, and C) over Southern Railway. The contract value is Rs. 90,64,80,195.36.

Refex Industries was quoting at Rs 356.25, down Rs 22.75, or 6.00 percent.

It has touched an intraday high of Rs 384.35 and an intraday low of Rs 342.25.

It was trading with volumes of 93,023 shares, compared to its five day average of 82,099 shares, an increase of 13.31 percent.

In the previous trading session, the share closed down 7.80 percent or Rs 32.05 at Rs 379.00.

The share touched a 52-week high of Rs 600 and a 52-week low of Rs 266 on 30 September, 2024 and 16 August, 2024, respectively.

Currently, the stock is trading 40.63 percent below its 52-week high and 33.93 percent above its 52-week low.

Market capitalisation stands at Rs 4,605.62 crore.

#1 Revenue, EBITDA & net profit grew 21 percent, 26 percent & 37 percent YoY, respectively

#2 Same-store sales growth at 10.5 percent vs estimate of 10 percent

#3 DMart posted 16 percent revenue growth & 7.1 percent like-for-like growth in Q1

#4 Growth driven by store expansion, high footfalls & strong own brands, though partly offset by festival shifts to Q4

#5 Gross margin at 28.4 percent, in line with estimates

#6 EBITDA margin at 14.6 percent, up 54 Bps YoY

#7 Adjusted EBITDA margin at 10.3 percent Vs 8.2 percent in Q4 & 9.3 percent in Q1 FY25

#1 Announces a carve-out deal in Australia

#2 Acquiring 75 percent stake & operational control in new entity, while Telstra retains 25 percent

#3 Infosys will pay AUD 233 million for its stake

#4 Estimated to add USD 70 mn to revenue in FY26, contributing around 35 bps to overall growth

QIB – 118.77 times

NII - 326.90 times

Retail – 51.54 times

Overall – 129.76 times

Indian rupee is trading lower at 87.58 per dollar versus Wednesday's close of 87.49.

#1 For 5th straight quater, reported a double-digit same-store-sales growth

#2 Momentum on store adds continued with foray into new states

#3 Q/C platform, although currently small, continues to scale-up well

#4 Outlook remains positive

The Sensex was up 96.69 points or 0.12 percent at 80,636.60, and the Nifty was up 22.85 points or 0.09 percent at 24,642.20. About 1527 shares advanced, 2046 shares declined, and 118 shares unchanged.

The Sensex was up 120.20 points or 0.15 percent at 80,660.11, and the Nifty was up 26.85 points or 0.11 percent at 24,646.20. About 1474 shares advanced, 2051 shares declined, and 139 shares unchanged.

The Sensex was up 78.24 points or 0.10 percent at 80,618.15, and the Nifty was up 14.75 points or 0.06 percent at 24,634.10. About 1519 shares advanced, 1927 shares declined, and 128 shares unchanged.

GMR Airports received a Letter of Intent to Award (LOIA) from Delhi International Airport Limited (DIAL), Indian Subsidiary of the Company, intimating that the company has emerged as the Selected Bidder to finance, design, develop, construct, operate, manage and maintain the Cargo City at the Indira Gandhi International Airport, New Delhi (Project) for an initial period of upto year 2036, which may further be extended by 30 additional years.

The project involves developing state of the art Cargo and Logistics facilities over a total of 50.5 acres land within Indira Gandhi International Airport, which includes a 10-acre optional land parcel that may be taken up in the future.

The project is based on the revenue share payment model to DIAL which would be ascertained based on the revenue from Cargo City business on year on year basis with a Minimum Monthly Guarantee payable by the company to DIAL, for an initial period of upto year 2036 amounting to an estimated aggregate amount of Rs 415.74 crore.

#1 Q1 profit grew 90 percent YoY, ahead of our estimate on interest income writebacks

#2 Standalone GNPA & credit cost fell QoQ

#3 Gold price tailwind, headroom to lift LTV should support healthy loan growth

#4 NIM should expand due to easing rates

#5 It stays a defensive play amid rising broader stress

#6 Expect 23 percent profit CAGR, RoE of 21 percent+ over FY26-28

Adani Energy Solutions was quoting at Rs 782.95, down Rs 3.40, or 0.43 percent.

It has touched an intraday high of Rs 791.50 and an intraday low of Rs 782.85.

It was trading with volumes of 3,298,940 shares, compared to its five day average of 74,649 shares, an increase of 4,319.27 percent.

In the previous trading session, the share closed down 0.03 percent or Rs 0.25 at Rs 786.35.

The share touched a 52-week high of Rs 1,137.55 and a 52-week low of Rs 588.25 on 16 August, 2024 and 27 November, 2024, respectively.

Currently, the stock is trading 31.17 percent below its 52-week high and 33.1 percent above its 52-week low.

Market capitalisation stands at Rs 94,054.42 crore.

JSW Cement made its market debut at Rs 153.50, about 4% above its issue price, marking a flat listing. The company ranks among the top 10 cement producers in India and is actively expanding its presence across the country through greenfield and brownfield projects, with the aim of doubling its grinding capacity. However, its revenue growth and profit after tax have shown inconsistency over the past three years.

Being in a growth phase, the company’s high valuation and current losses could lead to short-term volatility in returns.

Investors who entered the public offering for listing gains are advised to maintain a stop loss at Rs 138 and wait for potential upside, while those with a medium- to long-term perspective may consider holding the stock for future growth.

QIB – 3.76 times

NII - 149.08 times

Retail – 34.01 times

Overall – 50.02 times

Engineers India inked a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to provide engineering services towards development of conceptual design and engineering of structures, systems and components of Bharat Small Modular Reactor (BSMR).

The company has emerged as L-1 bidder for establishing transmission system for Evacuation of Power from RE Projects in Rajgarh (1500 MW) SEZ in Madhya Pradesh-Phase III and Evacuation of Power from RE Projects in Neemuch (1000 MW) SEZ in Madhya Pradesh-Phase II, through tariff based competitive bidding (TBCB).

G R Infraprojects was quoting at Rs 1,265.15, up Rs 27.00, or 2.18 percent.

It has touched an intraday high of Rs 1,265.15 and an intraday low of Rs 1,229.95.

It was trading with volumes of 1,391 shares, compared to its five day average of 3,462 shares, a decrease of -59.82 percent.

In the previous trading session, the share closed up 0.18 percent or Rs 2.20 at Rs 1,238.15.

The share touched a 52-week high of Rs 1,766.70 and a 52-week low of Rs 902.05 on 24 September, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 28.39 percent below its 52-week high and 40.25 percent above its 52-week low.

Market capitalisation stands at Rs 12,239.10 crore.

#1 Profit sinks 43% to Rs 8.9 crore Vs Rs 15.7 crore, YoY

#2 Revenue grows 6.3% to Rs 296.4 crore Vs Rs 278.9 crore, YoY

#1 Scooter sales up 16% & motorcycle sales up 5% YoY

#2 3-Wheelers sales up 18% & total vehicle exports up 31% YoY

#1 Profit declines 15.6% to Rs 10.4 crore Vs Rs 12.3 crore, YoY

#2 Revenue increases 4.5% to Rs 604.4 crore Vs Rs 578.6 crore, YoY

Somany Ceramics was quoting at Rs 514.85, down Rs 1.25, or 0.24 percent.

It has touched an intraday high of Rs 520.25 and an intraday low of Rs 500.00.

It was trading with volumes of 1,290 shares, compared to its five day average of 1,449 shares, a decrease of -10.95 percent.

In the previous trading session, the share closed down 2.31 percent or Rs 12.20 at Rs 516.10.

The share touched a 52-week high of Rs 754.20 and a 52-week low of Rs 396.05 on 20 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 31.74 percent below its 52-week high and 30 percent above its 52-week low.

Market capitalisation stands at Rs 2,111.38 crore.

#1 Profit spikes 50-fold to Rs 535.5 crore Vs Rs 10.7 crore, YoY

#2 Net interest income grows 24.7% to Rs 129.1 crore Vs Rs 103.6 crore, YoY

#3 Exceptional gain stands at Rs 1,176 crore Vs Nil, YoY

#1 Profit rises 7.5% to Rs 330.7 crore Vs Rs 307.7 crore, YoY

#2 Revenue increases 3.8% to Rs 1,159.7 crore Vs Rs 1,117.6 crore, YoY

Indian Railway Catering & Tourism Corp was quoting at Rs 725.95, down Rs 1.60, or 0.22 percent.

It has touched an intraday high of Rs 737.35 and an intraday low of Rs 722.00.

It was trading with volumes of 45,178 shares, compared to its five day average of 47,834 shares, a decrease of -5.55 percent.

In the previous trading session, the share closed up 0.96 percent or Rs 6.90 at Rs 727.55.

The share touched a 52-week high of Rs 956.80 and a 52-week low of Rs 655.70 on 13 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 24.13 percent below its 52-week high and 10.71 percent above its 52-week low.

Market capitalisation stands at Rs 58,076.00 crore.

#1 Profit jumps 27.2% to Rs 191.8 crore Vs Rs 150.7 crore, YoY

#2 Revenue grows 7.1% to Rs 603 crore Vs Rs 562.9 crore, YoY

Pfizer was quoting at Rs 5,390.90, up Rs 265.10, or 5.17 percent.

It has touched an intraday high of Rs 5,510.00 and an intraday low of Rs 5,250.00.

It was trading with volumes of 15,483 shares, compared to its five day average of 1,093 shares, an increase of 1,317.08 percent.

In the previous trading session, the share closed up 0.76 percent or Rs 38.75 at Rs 5,125.80.

The share touched a 52-week high of Rs 6,452.85 and a 52-week low of Rs 3,742.90 on 02 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 16.46 percent below its 52-week high and 44.03 percent above its 52-week low.

Market capitalisation stands at Rs 24,662.14 crore.

#1 Strong LFL growth of 11.6 percent sustained in Q1 FY26

#2 Slight margin miss due to higher promotions

#3 Confident in strategy to drive market share gains and outperform peers

#4 Traction expected to continue in H2FY26

Infosys will acquire 75% shareholding in Versent Group, an Australia’s leading digital transformation solutions provider and a wholly owned subsidiary of Telstra Group, for AUD 233.25 million. Telstra will continue to retain a 25% minority stake in Versent Group.

Infosys was quoting at Rs 1,469.90, up Rs 43.90, or 3.08 percent.

It has touched an intraday high of Rs 1,469.90 and an intraday low of Rs 1,427.40.

It was trading with volumes of 142,651 shares, compared to its five day average of 333,051 shares, a decrease of -57.17 percent.

In the previous trading session, the share closed up 0.13 percent or Rs 1.90 at Rs 1,426.00.

The share touched a 52-week high of Rs 2,006.80 and a 52-week low of Rs 1,307.10 on 13 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 26.75 percent below its 52-week high and 12.46 percent above its 52-week low.

Market capitalisation stands at Rs 610,650.89 crore.

#1 Q1 performance is an all-round beat driven by improving profitability at Healthco

#2 Hospital business held steady despite softer international patient inflows

#3 Expansion plans remain unchanged

The Sensex was up 173.16 points or 0.21 percent at 80,713.07, and the Nifty was up 42.30 points or 0.17 percent at 24,661.65. About 1608 shares advanced, 1741 shares declined, and 133 shares unchanged.

#1 Strong quarter versus estimates; core earnings at Rs 9,760 crore, adjusted for Rs 2,000 crore inventory loss

#2 Reported earnings indicate 15 percent upside to estimates, even with shift from Russian crude

#3 Marketing volumes up 3 percent YoY, beating industry; gasoline in line at 7 percent YoY

#4 Competitive pressure seen in industrial diesel segment

#5 FY25 Russian crude discounts at USD 2–3/bbl

#6 Potential shift of one-third crude sourcing to middle east may impact EPS by around 3 percent but largely priced in

#1 Loss narrows to Rs 63.6 crore Vs loss of Rs 91.3 crore, YoY

#2 Revenue drops 4.2% to Rs 498 crore Vs Rs 520 crore, YoY

ITI was quoting at Rs 291.55, down Rs 10.60, or 3.51 percent.

It has touched an intraday high of Rs 301.75 and an intraday low of Rs 288.25.

It was trading with volumes of 39,826 shares, compared to its five day average of 153,891 shares, a decrease of -74.12 percent.

In the previous trading session, the share closed down 0.00 percent or Rs 0.00 at Rs 302.15.

The share touched a 52-week high of Rs 592.85 and a 52-week low of Rs 210.20 on 07 January, 2025 and 25 October, 2024, respectively.

Currently, the stock is trading 50.82 percent below its 52-week high and 38.7 percent above its 52-week low.

Market capitalisation stands at Rs 28,014.66 crore.

#1 Profit plunges 63.6% to Rs 33.6 crore Vs Rs 92.5 crore, YoY

#2 Revenue declines 15.2% to Rs 1,604.5 crore Vs Rs 1,893.2 crore, YoY

#1 Strong growth in new molecules is heartening

#2 Drag from key product weighs on FY26 growth

#3 Management maintained mid-single digit growth guidance with improvement in H2

#4 See double-digit growth in FY27 as new products scale up

#5 Stock trades at 10 percent discount to long-term average

#6 Lower FY26/27 profit estimates by 3 percent

#1 Profit tanks 39.2% to Rs 98.8 crore Vs Rs 162.6 crore, YoY

#2 Revenue falls 3% to Rs 1,482.2 crore Vs Rs 1,528 crore, YoY

#1 Profit drops 28.6% to Rs 65.4 crore Vs Rs 91.6 crore, YoY

#2 Revenue zooms 39.5% to Rs 870.4 crore Vs Rs 623.8 crore, YoY

#3 Loss in joint venture entities/associates at Rs 7.4 crore Vs profit at Rs 32.7 crore

Adani Energy Solutions was quoting at Rs 788.05, up Rs 1.70, or 0.22 percent.

It has touched an intraday high of Rs 791.50 and an intraday low of Rs 784.00.

It was trading with volumes of 29,343 shares, compared to its five day average of 74,649 shares, a decrease of -60.69 percent.

In the previous trading session, the share closed down 0.03 percent or Rs 0.25 at Rs 786.35.

The share touched a 52-week high of Rs 1,137.55 and a 52-week low of Rs 588.25 on 16 August, 2024 and 27 November, 2024, respectively.

Currently, the stock is trading 30.72 percent below its 52-week high and 33.97 percent above its 52-week low.

Market capitalisation stands at Rs 94,667.08 crore.

QIB – 3.53 times

NII - 109.44 times

Retail – 28.10 times

Overall – 38.51 times

VRL Logistics was quoting at Rs 280.35, down Rs 277.30, or 49.73 percent.

It has touched an intraday high of Rs 283.95 and an intraday low of Rs 278.00.

It was trading with volumes of 135,384 shares, compared to its five day average of 141,980 shares, a decrease of -4.65 percent.

In the previous trading session, the share closed down 0.72 percent or Rs 4.05 at Rs 557.65.

Market capitalisation stands at Rs 2,452.18 crore.

#1 Muthoot beats consensus estimates substantially

#2 Upgrade driven by group-leading ROE and EPS growth

#3 Upgrade driven by likely ongoing consensus upgrades amid cuts across the group

#4 Upgrade driven by negligible asset quality risk even as group bad loans are expected to rise

#1 Announces a JV with Telstra in Australia

#2 Versent group has a blue-chip client base across government, education, financial services, energy & utilities

#3 The JV strengthens company’s local presence & builds on existing collaboration with Telstra

#4 The price paid is not considered expensive

#5 Assuming a high single-digit margin profile, the JV should not dilute EPS

Tata Steel was quoting at Rs 157.45, down Rs 2.70, or 1.69 percent.

It has touched an intraday high of Rs 162.00 and an intraday low of Rs 156.50.

It was trading with volumes of 565,492 shares, compared to its five day average of 1,546,053 shares, a decrease of -63.42 percent.

In the previous trading session, the share closed down 0.03 percent or Rs 0.05 at Rs 160.15.

The share touched a 52-week high of Rs 170.20 and a 52-week low of Rs 122.60 on 30 September, 2024 and 13 January, 2025, respectively.

Currently, the stock is trading 7.49 percent below its 52-week high and 28.43 percent above its 52-week low.

Market capitalisation stands at Rs 196,553.20 crore.

#1 Profit zooms 37.2% to Rs 206.1 crore Vs Rs 150.1 crore, YoY

#2 Revenue increases 21% to Rs 3,140.3 crore Vs Rs 2,596.3 crore, YoY

Vishal Mega Mart was quoting at Rs 146.45, up Rs 2.10, or 1.45 percent.

It has touched a 52-week high of Rs 155.45.

It has touched an intraday high of Rs 155.45 and an intraday low of Rs 144.40.

In the previous trading session, the share closed up 3.11 percent or Rs 4.35 at Rs 144.35.

Market capitalisation stands at Rs 68,265.78 crore.

JSW Cement shares listed on the stock exchanges with a premium of over 4 percent over it's IPO price on August 14. The mainboard issue had garnered a strong public interest between August 7 - 11 in the primary market. The Rs 3,600-crore issue got subscribed 7.77 times. Read More

All Time Plastics shares listed with a healthy premium over it's IPO price on the stock exchanges on August 14, following 8.34 times subscription to it's Rs 400.60-crore mainboard issue in the primary market between August 7 - 11. Read More

#1 Profit grows 11% to Rs 226.4 crore Vs Rs 203.9 crore, YoY

#2 Revenue soars 17.5% to Rs 3,318.9 crore Vs Rs 2,825.5 crore, YoY

#1 Announces a carve-out deal in Australia

#2 Acquiring 75 percent stake & operational control in new entity, while Telstra retains 25 percent

#3 Infosys will pay AUD 233 million for its stake

#4 Estimated to add USD 70 mn to revenue in FY26, contributing around 35 bps to overall growth

#1 For 5th straight quarter, reported a double-digit same-store-sales growth

#2 Momentum on store adds continued with foray into new states

#3 Q/C platform, although currently small, continues to scale-up well

#4 Outlook remains positive

Vishal Mega Mart was quoting at Rs 145.45, up Rs 1.10, or 0.76 percent.

It has touched a 52-week high of Rs 155.45.

It has touched an intraday high of Rs 155.45 and an intraday low of Rs 144.40.

In the previous trading session, the share closed up 3.11 percent or Rs 4.35 at Rs 144.35.

Market capitalisation stands at Rs 67,799.64 crore.

#1 Q1 EBITDA fell 11 percent YoY, 6 percent below our estimate, led by lower margin

#2 Company is expanding its non-auto business well, especially in electronics

#3 Margin to improve sequentially as cost optimisation efforts in Europe bear fruit

#4 Cut FY26-28 EPS estimates by 10-15 percent, but stay at buy

#5 Expect EBITDA & EPS to remain flattish YoY in FY26

#1 Profit zooms 79% to Rs 150 crore Vs Rs 83.7 crore, YoY

#2 Revenue jumps 18.9% to Rs 1,281.1 crore Vs Rs 1,077.7 crore, YoY

Brigade Enterprises was quoting at Rs 934.50, down Rs 30.15, or 3.13 percent.

It has touched an intraday high of Rs 1,010.05 and an intraday low of Rs 930.25.

It was trading with volumes of 36,312 shares, compared to its five day average of 10,385 shares, an increase of 249.67 percent.

In the previous trading session, the share closed down 1.08 percent or Rs 10.55 at Rs 964.65.

The share touched a 52-week high of Rs 1,450.00 and a 52-week low of Rs 812.85 on 27 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 35.55 percent below its 52-week high and 14.97 percent above its 52-week low.

Market capitalisation stands at Rs 22,841.76 crore.

The Sensex was up 72.96 points or 0.09 percent at 80,612.87, and the Nifty was up 8.40 points or 0.03 percent at 24,627.75. About 1523 shares advanced, 1621 shares declined, and 151 shares unchanged.

#1 Profit plunges 50% to Rs 30 crore Vs Rs 59.8 crore, YoY

#2 Revenue declines 16.3% to Rs 910.6 crore Vs Rs 1,088.2 crore, YoY

Texmaco Rail and Engineering was quoting at Rs 136.55, down Rs 4.35, or 3.09 percent.

It has touched an intraday high of Rs 138.05 and an intraday low of Rs 135.35.

It was trading with volumes of 57,991 shares, compared to its five day average of 105,819 shares, a decrease of -45.20 percent.

In the previous trading session, the share closed up 0.57 percent or Rs 0.80 at Rs 140.90.

The share touched a 52-week high of Rs 256.15 and a 52-week low of Rs 115.10 on 19 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 46.69 percent below its 52-week high and 18.64 percent above its 52-week low.

Market capitalisation stands at Rs 5,454.73 crore.

Asian stocks pulled back as investors took a breather after three days of gains that were driven by bets on a Federal Reserve interest-rate cut next month. The yen jumped following comments from US Treasury Secretary Scott Bessent.

#1 Profit sinks 44.6% to Rs 112.2 crore Vs Rs 202.5 crore, YoY

#2 Revenue falls 12.8% to Rs 1,889.9 crore Vs Rs 2,166.8 crore, YoY

#1 Profit tanks 31% to Rs 58.3 crore Vs Rs 84.4 crore, YoY

#2 Revenue plunges 46.5% to Rs 182.9 crore Vs Rs 341.6 crore, YoY

Man Infraconstruction was quoting at Rs 157.00, down Rs 5.10, or 3.15 percent.

It has touched an intraday high of Rs 159.90 and an intraday low of Rs 156.80.

It was trading with volumes of 15,521 shares, compared to its five day average of 26,561 shares, a decrease of -41.56 percent.

In the previous trading session, the share closed down 1.28 percent or Rs 2.10 at Rs 162.10.

The share touched a 52-week high of Rs 262.50 and a 52-week low of Rs 135.05 on 30 December, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 40.19 percent below its 52-week high and 16.25 percent above its 52-week low.

Market capitalisation stands at Rs 6,337.56 crore.

#1 Loss widens to Rs 943.2 crore Vs Rs 773.5 crore, YoY

#2 Revenue sinks 64.2% to Rs 65.7 crore Vs Rs 184 crore, YoY

Mahanagar Telephone Nigam was quoting at Rs 42.73, down Rs 0.48, or 1.11 percent.

It has touched an intraday high of Rs 43.11 and an intraday low of Rs 42.08.

It was trading with volumes of 126,381 shares, compared to its five day average of 134,445 shares, a decrease of -6.00 percent.

In the previous trading session, the share closed down 1.03 percent or Rs 0.45 at Rs 43.21.

The share touched a 52-week high of Rs 68.55 and a 52-week low of Rs 37.49 on 22 August, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 37.67 percent below its 52-week high and 13.98 percent above its 52-week low.

Market capitalisation stands at Rs 2,691.99 crore.

#1 Profit falls 14% to Rs 417 crore Vs Rs 485 crore, YoY

#2 Revenue increases 9.4% to Rs 3,021 crore Vs Rs 2,761 crore, YoY

United Spirits was quoting at Rs 1,315.50, up Rs 8.70, or 0.67 percent.

It has touched an intraday high of Rs 1,328.55 and an intraday low of Rs 1,300.45.

It was trading with volumes of 21,352 shares, compared to its five day average of 13,644 shares, an increase of 56.50 percent.

In the previous trading session, the share closed up 0.71 percent or Rs 9.15 at Rs 1,306.80.

The share touched a 52-week high of Rs 1,700 and a 52-week low of Rs 1,270.50 on 03 January, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 22.62 percent below its 52-week high and 3.54 percent above its 52-week low.

Market capitalisation stands at Rs 95,683.00 crore.

ICICI Bank has slashed the minimum account balance for metro & urban locations to Rs 15,000 from Rs 50,000, for semi-urban to Rs 7,500 from Rs 25,000, and for rural to Rs 2,500 from Rs 10,000.

ICICI Bank was quoting at Rs 1,425.50, up Rs 4.35, or 0.31 percent.

It has touched an intraday high of Rs 1,425.50 and an intraday low of Rs 1,415.00.

It was trading with volumes of 15,336 shares, compared to its five day average of 583,731 shares, a decrease of -97.37 percent.

In the previous trading session, the share closed down 0.07 percent or Rs 0.95 at Rs 1,421.15.

The share touched a 52-week high of Rs 1,494.10 and a 52-week low of Rs 1,165.20 on 31 July, 2025 and 21 August, 2024, respectively.

Currently, the stock is trading 4.59 percent below its 52-week high and 22.34 percent above its 52-week low.

Market capitalisation stands at Rs 1,017,697.29 crore.

#1 Another quarter of healthy same-store-sale growth while peers reel under pressure

#2 Delivery growth is ahead of food aggregators

#3 Standout is managements’ acute focus on growth, even at the cost of margin

#4 Expect industry leading SSSg to continue even after base normalisation

#1 Profit soars 73.2% to Rs 2,016.2 crore Vs Rs 1,164 crore, YoY

#2 Net interest income jumps 42.8% to Rs 3,933.1 crore Vs Rs 2,753.8 crore, YoY

Tata Steel was quoting at Rs 157.50, down Rs 2.65, or 1.65 percent.

It has touched an intraday high of Rs 162.00 and an intraday low of Rs 157.20.

It was trading with volumes of 163,814 shares, compared to its five day average of 1,546,053 shares, a decrease of -89.40 percent.

In the previous trading session, the share closed down 0.03 percent or Rs 0.05 at Rs 160.15.

The share touched a 52-week high of Rs 170.20 and a 52-week low of Rs 122.60 on 30 September, 2024 and 13 January, 2025, respectively.

Currently, the stock is trading 7.46 percent below its 52-week high and 28.47 percent above its 52-week low.

Market capitalisation stands at Rs 196,615.62 crore.

#1 Profit zooms 140.7% to Rs 6,839 crore Vs Rs 2,841.6 crore, YoY

#2 Revenue falls 0.5% to Rs 1,12,551.5 crore Vs Rs 1,13,095 crore, YoY

Bharat Petroleum Corporation was quoting at Rs 322.90, up Rs 0.10, or 0.03 percent.

It has touched an intraday high of Rs 330.95 and an intraday low of Rs 321.40.

It was trading with volumes of 178,260 shares, compared to its five day average of 382,982 shares, a decrease of -53.45 percent.

In the previous trading session, the share closed down 0.25 percent or Rs 0.80 at Rs 322.80.

The share touched a 52-week high of Rs 376.00 and a 52-week low of Rs 234.15 on 30 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 14.12 percent below its 52-week high and 37.9 percent above its 52-week low.

Market capitalisation stands at Rs 140,090.34 crore.

Easy Trip Planners, GE Power India, Hindustan Copper, Inox Green Energy Services, Inox Wind, IRB Infrastructure Developers, Indian Oil Corporation, Amara Raja Energy & Mobility, Ashok Leyland, AstraZeneca Pharma India, Glenmark Pharmaceuticals, Vodafone Idea, Inox Wind, Patanjali Foods, Swan Energy, Valor Estate, and Zaggle Prepaid Ocean Services will release their quarterly earnings on August 14.

The market will be in a wait and watch mode looking for clues from the Trump-Putin summit and PM Modi’s Independence Day message. From the technical perspective, the market is oversold and short-positions are high. Any positive news which triggers short covering can lead to a rally. We will have to wait and watch.

Fundamentally strong banking stocks have drifted down in the last one month while mid and smallcaps with elevated valuations continue to remain resilient. This a liquidity driven short-term aberration. Long-term investors can exploit this value discrepancy by moving away from highly valued mid and smallcaps to the safety of high quality largecaps.

HLE Surface Technologies GmbH, a wholly owned step-down subsidiary of HLE Glascoat has agreed to acquire certain specific assets of Omeras GmbH, by way of entering into: (i) a sale and purchase agreement dated 13 August 2025, and (ii) a real estate purchase agreement dated 13 August 2025, and which also includes all shares of Omerastore

GmbH.

#1 Loss narrows to Rs 233.7 crore Vs Rs 237.9 crore, YoY

#2 Revenue increases 9.4% to Rs 1,831.5 crore Vs Rs 1,674.2 crore, YoY

#3 TMRW gets first investment in its current round of external fund raise (Rs 437 crore) from ServiceNow Ventures

GMR Airports received a Letter of Intent to Award (LOIA) from Delhi International Airport Limited (DIAL), Indian Subsidiary of the Company, intimating that the company has emerged as the Selected Bidder to finance, design, develop, construct, operate, manage and maintain the Cargo City at the Indira Gandhi International Airport, New Delhi (Project) for an initial period of upto year 2036, which may further be extended by 30 additional years.

The project involves developing state of the art Cargo and Logistics facilities over a total of 50.5 acres land within Indira Gandhi International Airport, which includes a 10-acre optional land parcel that may be taken up in the future.

The project is based on the revenue share payment model to DIAL which would be ascertained based on the revenue from Cargo City business on year on year basis with a Minimum Monthly Guarantee payable by the company to DIAL, for an initial period of upto year 2036 amounting to an estimated aggregate amount of Rs 415.74 crore.