Closing Bell: Nifty above 24,850, Sensex up 676 pts on likely GST reforms

Indian equity indices ended on strong note with Nifty above 24,850 on August 18. At close, the Sensex was up 676.09 points or 0.84 percent at 81,273.75, and the Nifty was up 251.20 points or 1.02 percent at 24,882.50.

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

Markets staged a strong rally on Monday and ended with gains of over a percent. After a sharp gap-up start, the Nifty moved within a consolidation range before finally settling at 24,876.95. The positive sentiment was driven by GST reform proposals, easing concerns over crude oil prices, and a sovereign rating upgrade, which together lifted investor confidence. Sector-wise, all major indices, barring IT, contributed to the up move, with auto, realty, and metal leading the gains. Broader markets also joined the rally, as midcaps and smallcaps advanced between 1.14% and 1.43%.

The rebound reflects renewed optimism, supported by policy tailwinds and improving technical indicators. However, lingering uncertainty on the global front—particularly regarding the India-US trade talks amid a potential delay in their meeting—may continue to weigh on sentiment.

Going forward, with the Nifty reclaiming its short-term moving average (20-DEMA) around 24,750, sustaining above this level will be crucial for a move toward 25,250. Traders are advised to remain focused on sectoral rotation, with auto and consumption themes likely to stay in favor, while maintaining a stock-specific and risk-managed approach.

Nifty witnessed sharp upmove on Monday on the back drop of announcement of GST reforms and positive geo-political climate and Nifty closed the day higher by 251 points. After opening with a huge upside gap of around 300 points, the market moved up further but was not able to sustain the day's high. It later shifted into a consolidation in the mid to later part of the session and the opening upside gap remains unfilled.

A small red candle was formed on the daily chart with gap up opening and long upper shadow. Technically, this market action indicates reversal pattern of down trend. If Monday's upside gap remains open for the next few sessions, then the said gap could be considered as a bullish breakaway gap, which is normally formed at the important bottom reversal. Hence the recent swing low of 24337 of 8th August is likely to be a bottom for the Nifty in the near term. The next upside target to be watched at 25250. Immediate support is placed at 24700.

Nifty opened with a gap-up but faced initial resistance at 25,000, leading to an intraday decline due to profit booking at higher levels. The sentiment, however, remains positive, with the potential to revisit 25,000 in the coming days.

Immediate support is placed at 24,800, below which the index may drift towards 24,500. On the higher side, a decisive move above 25,000 could trigger a larger rally in the market.

The proposed rationalisation of GST is a sentiment booster for the domestic market. Additionally, the recent conclusion of the US and Russia summit, without any escalation in geopolitical tensions, has helped ease investor anxiety. The automobile sector outperformed, emerging as a key beneficiary of the anticipated tax reforms.

In H2FY26, we expect the consumption-led sectors to show some traction on account of demand revival.

Today, the benchmark indices bounced back sharply. The Nifty ends 251 points higher, while the Sensex was up by 696 points. Among sectors, Auto and Consumer indices outperformed, with Auto gaining 4% and Consumer up by 3.30%. Despite strong market sentiment, the IT index registered intraday profit booking at higher levels. Technically, after a gap-up open, the market witnessed intraday selling pressure at higher levels. However, it succeeded in closing above the 20-day SMA (Simple Moving Average) or 24,750/81000, which is largely positive.

We believe that the short-term market outlook is positive, but buy on intraday dips and sell on rallies would be the ideal strategy for day traders. On the downside, 24,800/81000 and the 20-day SMA of 24,750/80800 would be key support levels, while 25,000 (50-day SMA)/81700 and 25,100/82000 could act as crucial resistance areas for the bulls. However, below 24,750/80800, the uptrend would become vulnerable. In that case, traders may prefer to exit their long positions.

Indian rupee ended 21 paise higher at 87.35 per dollar on Monday versus Thursday's close of 87.56.

Indian equity indices ended on strong note with Nifty above 24,850 on August 18.

At close, the Sensex was up 676.09 points or 0.84 percent at 81,273.75, and the Nifty was up 251.20 points or 1.02 percent at 24,882.50. About 2446 shares advanced, 1555 shares declined, and 160 shares unchanged.

Maruti Suzuki, Nestle, Hero MotoCorp, Bajaj Finance, Bajaj Auto were among biggest gainers on the Nifty, while losers were ITC, Tech Mahindra, Eternal, L&T, NTPC.

Except IT, media, power, all other sectors ended in the green with Auto index up 4 percent, consumer durable index up 3 percent, realty up 2percent, while metal, FMCG, telecom, private bank up 1-2 percent.

BSE midcap index gained 1 percent and smallcap index added 1.4%.

#1 Strong Q1FY26 on record-high marketing margins, partly offset by inventory losses

#2 Company expects its Russian crude sourcing to be maintained above 30 percent

#3 Stock currently trades at 5.8x FY27 EV/EBITDA

#4 Government’s approval for Rs 30,000 crore of LPG-related compensation to OMCs is in-line with expectations

Kansai Nerolac Paints was quoting at Rs 237.00, up Rs 1.25, or 0.53 percent.

It has touched an intraday high of Rs 238.60 and an intraday low of Rs 235.10.

It was trading with volumes of 13,817 shares, compared to its five day average of 9,391 shares, an increase of 47.13 percent.

In the previous trading session, the share closed down 0.23 percent or Rs 0.55 at Rs 235.75.

The share touched a 52-week high of Rs 320.65 and a 52-week low of Rs 218.35 on 06 September, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 26.09 percent below its 52-week high and 8.54 percent above its 52-week low.

Market capitalisation stands at Rs 19,161.51 crore.

#1 Q1 EBITDA grew 6 percent YoY, in-line with estimate

#2 Volumes grew just 1 percent YoY while EBITDA margin rose 50 bps YoY

#3 India's truck industry growth has slowed down to -4 percent in FY25-Q1FY26

#4 We expect just 3 percent CAGR over FY25-28E

#5 Like company's high focus on profitability

#6 Unlikely to rise much unless truck demand improves

#1 Unveiled its global vision 2027 strategy, centered on all-new NU_IQ, a modular, multi-energy SUV platform designed as a strategic blueprint for the future of Mahindra SUVs globally

#2 Launch was accompanied by four new concept SUVs – Vision S, Vision T, Vision SXT, And Vision X – which are expected to go into production starting 2027

#3 Maintain FY26/27F revenue estimates & EBITDA margin at 13.7 percent/14.4 percent

Markets have seen a sharp rise on Monday as Sensex rallied up by more than 1,000 points and Nifty50 above 25,000, as GST-reform hopes are one of the key visible drivers, alongside sovereign-rating upgrade and easing concerns over Russian oil supplies. Indian equity markets rallied on Monday, driven by optimism over the government’s proposed GST reforms, aiming to support economic growth in the country.

The draft has proposed lowering GST on consumer durable & autos to 18% from 28%, FMCG & Dairy goods to attract 5% or Nil from current 12%. It also proposes reduction in health and life insurance premiums to 5% or Nil from current 18%. Apart from these sectors, fertilizers, agriculture, renewables, infra and others also could benefit from these GST reforms. This is likely to come in effect from Diwali.

Adding to the positive momentum, S&P Global upgraded India’s sovereign rating to “BBB” from “BBB-” with a stable outlook, its first upgrade in 18 years, citing strong economic growth, improved policy credibility and fiscal consolidation. The combination of GST reform prospects, sovereign rating upgrade, and easing external risks has reinforced investor confidence, setting the stage for sustained market momentum in the near term.

The Sensex was up 763.43 points or 0.95 percent at 81,361.09, and the Nifty was up 269.90 points or 1.10 percent at 24,901.20. About 2343 shares advanced, 1392 shares declined, and 139 shares unchanged.

#1 Q1 ahead of estimates on topline

#2 Muted volume growth adjusted for Andhra Pradesh impact

#3 UK-FTA benefits likely in Q1FY27, growth & margin could both see tailwinds

#4 Cut FY26-28 EPS estimates by 2-4 percent

The company will acquire land, building, and plant & machinery at Medchal Mandal, Telangana, from Srigen Lifesciences for Rs 25.50 crore.

Sudarshan Pharma Industries was quoting at Rs 32.00, up Rs 0.94, or 3.03 percent.

It has touched an intraday high of Rs 32.50 and an intraday low of Rs 30.51.

In the previous trading session, the share closed up 3.53 percent or Rs 1.06 at Rs 31.06.

The share touched a 52-week high of Rs 53.50 and a 52-week low of Rs 15.51 on 07 January, 2025 and 23 August, 2024, respectively.

Currently, the stock is trading 40.19 percent below its 52-week high and 106.32 percent above its 52-week low.

Market capitalisation stands at Rs 770.11 crore.

Dixon Technologies (India) has executed a Share Subscription and Shareholders’ Agreement (SSHA) with HKC Overseas (an affiliate of HKC Corporation) and its subsidiary, Dixon Display Technologies (DDTPL).

As per the agreement, HKC Overseas will acquire a 26% stake in DDTPL, while Dixon retains the remaining 74%. The entities will jointly develop liquid crystal modules and thin film transistor liquid crystal display modules.

Dixon Technologies was quoting at Rs 16,769.25, up Rs 578.70, or 3.57 percent.

It has touched an intraday high of Rs 16,920.65 and an intraday low of Rs 16,451.45.

It was trading with volumes of 23,287 shares, compared to its five day average of 18,315 shares, an increase of 27.15 percent.

In the previous trading session, the share closed up 1.52 percent or Rs 242.00 at Rs 16,190.55.

The share touched a 52-week high of Rs 19,149.80 and a 52-week low of Rs 12,040.00 on 17 December, 2024 and 09 September, 2024, respectively.

Currently, the stock is trading 12.43 percent below its 52-week high and 39.28 percent above its 52-week low.

Market capitalisation stands at Rs 101,457.17 crore.

The company has received board approval for the issuance of non-convertible debentures (NCDs) worth up to Rs 50 crore through private placement, in one or more tranches.

Star Housing Finance was quoting at Rs 24.80, down Rs 1.25, or 4.80 percent.

It has touched an intraday high of Rs 27.50 and an intraday low of Rs 24.11.

It was trading with volumes of 247,334 shares, compared to its five day average of 305,920 shares, a decrease of -19.15 percent.

In the previous trading session, the share closed up 5.38 percent or Rs 1.33 at Rs 26.05.

The share touched a 52-week high of Rs 52.20 and a 52-week low of Rs 22.03 on 09 September, 2024 and 06 August, 2025, respectively.

Currently, the stock is trading 52.49 percent below its 52-week high and 12.57 percent above its 52-week low.

Market capitalisation stands at Rs 195.83 crore.

The travel-tech platform has announced three strategic acquisitions to strengthen its end-to-end travel offerings in both international and domestic markets.

It has approved the acquisition of a 50% stake in Three Falcons Notting Hill for its premium property in London — Three Falcons Hotel — via a secondary investment worth Rs 175 crore. It will acquire a 100% stake in AB Finance to gain ownership of a premium commercial asset in Gurugram, for Rs 194.4 crore.

It has also granted in-principle approval to make a strategic investment in Vashu Bhagnani Industries (VBIL).

The Sensex was up 787.68 points or 0.98 percent at 81,385.34, and the Nifty was up 280.25 points or 1.14 percent at 24,911.55. About 2351 shares advanced, 1343 shares declined, and 149 shares unchanged.

Amit Kumar Khan has been appointed as Chief Operating Officer of the company, effective August 14.

Indostar Capital Finance was quoting at Rs 270.50, up Rs 4.55, or 1.71 percent.

It has touched an intraday high of Rs 279.00 and an intraday low of Rs 267.25.

It was trading with volumes of 9,442 shares, compared to its five day average of 6,986 shares, an increase of 35.15 percent.

In the previous trading session, the share closed down 2.72 percent or Rs 7.45 at Rs 265.95.

The share touched a 52-week high of Rs 368.55 and a 52-week low of Rs 219.00 on 02 July, 2025 and 11 March, 2025, respectively.

Currently, the stock is trading 26.6 percent below its 52-week high and 23.52 percent above its 52-week low.

Market capitalisation stands at Rs 3,697.12 crore.

#1 Company’s Q1 was a mixed bag: revenue was a beat, adjusted EBITDA in-line & PAT a miss

#2 Like-to-like sales grew 16 percent with headline occupancy numbers growing 10 percent YoY

#3 Max is on-track to add 1,500 capacity beds during FY26 with 800 coming online from Q2

#4 New beds will be operationalised in phases, thereby limiting negative impact on margin

PNC Infratech has received a Letter of Award from NHPC for setting up a 300 MW Inter-State Transmission System (ISTS)-connected solar power project, along with a 150 MW / 600 MWh energy storage system.

PNC Infratech was quoting at Rs 308.60, up Rs 0.70, or 0.23 percent.

It has touched an intraday high of Rs 313.00 and an intraday low of Rs 307.30.

It was trading with volumes of 5,801 shares, compared to its five day average of 36,681 shares, a decrease of -84.19 percent.

In the previous trading session, the share closed down 0.74 percent or Rs 2.30 at Rs 307.90.

The share touched a 52-week high of Rs 474.20 and a 52-week low of Rs 235.70 on 22 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 34.92 percent below its 52-week high and 30.93 percent above its 52-week low.

Market capitalisation stands at Rs 7,916.80 crore.

In Block B-80, the floating storage and offloading (FSO) vessel has been successfully re-moored. Production from wells D1 and D2 has recommenced, and the wells are currently under stabilisation.

Hindustan Oil Exploration Company was quoting at Rs 162.45, up Rs 0.55, or 0.34 percent.

It has touched an intraday high of Rs 166.30 and an intraday low of Rs 161.15.

It was trading with volumes of 18,141 shares, compared to its five day average of 15,571 shares, an increase of 16.51 percent.

In the previous trading session, the share closed up 1.70 percent or Rs 2.70 at Rs 161.90.

The share touched a 52-week high of Rs 274.00 and a 52-week low of Rs 145.05 on 26 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 40.71 percent below its 52-week high and 12 percent above its 52-week low.

Market capitalisation stands at Rs 2,148.29 crore.

The company has commenced commercial operations of a new multi-brand store under the name Bajaj Electronics in Palasa, Andhra Pradesh.

Electronics Mart India was quoting at Rs 128.90, up Rs 9.40, or 7.87 percent.

It has touched an intraday high of Rs 130.30 and an intraday low of Rs 123.90.

It was trading with volumes of 136,524 shares, compared to its five day average of 115,590 shares, an increase of 18.11 percent.

In the previous trading session, the share closed down 1.20 percent or Rs 1.45 at Rs 119.50.

The share touched a 52-week high of Rs 246.00 and a 52-week low of Rs 110.00 on 19 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 47.6 percent below its 52-week high and 17.18 percent above its 52-week low.

Market capitalisation stands at Rs 4,959.41 crore.

Upon satisfaction of the conditions precedent, the company's subsidiaries — KPIT Technologies (UK) and KPIT Technologies Inc., USA — have paid an initial amount of $51 million to acquire 100% stake in Caresoft (Caresoft Global Technologies Inc., USA; Caresoft Engineering Services, UK; and CAREGLOTECH de RL de CV, Mexico).

In May, the parties had finalised the total acquisition consideration of up to $157 million (including $15 million in variable pay based on achievement of revenue and other business synergy milestones).

Lumax Auto Technologies was quoting at Rs 1,091.85, up Rs 86.45, or 8.60 percent.

It has touched an intraday high of Rs 1,105.55 and an intraday low of Rs 1,030.65.

It was trading with volumes of 28,731 shares, compared to its five day average of 33,224 shares, a decrease of -13.52 percent.

In the previous trading session, the share closed down 0.78 percent or Rs 7.90 at Rs 1,005.40.

The share touched a 52-week high of Rs 1,231.90 and a 52-week low of Rs 452.55 on 06 August, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 11.37 percent below its 52-week high and 141.27 percent above its 52-week low.

Market capitalisation stands at Rs 7,441.80 crore.

#1 Q1FY26 was comprehensively weaker than expected amid continued pressure

#2 Announcement of US tariffs further clouds the picture

#3 Company’s cost-cutting measures should help while its growth projects are largely targeted at India

#4 Cut EPS By 17-19 percent

Max Financial Services was quoting at Rs 1,635.65, up Rs 36.80, or 2.30 percent.

It has touched a 52-week high of Rs 1,674.20.

It has touched an intraday high of Rs 1,674.20 and an intraday low of Rs 1,610.00.

It was trading with volumes of 150,271 shares, compared to its five day average of 29,080 shares, an increase of 416.75 percent.

In the previous trading session, the share closed up 0.69 percent or Rs 10.95 at Rs 1,598.85.

Market capitalisation stands at Rs 56,448.70 crore.

Endurance Technologies was quoting at Rs 2,830.40, up Rs 222.25, or 8.52 percent.

It has touched an intraday high of Rs 2,894.95 and an intraday low of Rs 2,627.90.

It was trading with volumes of 50,580 shares, compared to its five day average of 3,661 shares, an increase of 1,281.59 percent.

In the previous trading session, the share closed up 3.05 percent or Rs 77.25 at Rs 2,608.15.

The share touched a 52-week high of Rs 3,029.85 and a 52-week low of Rs 1,555.65 on 01 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 6.58 percent below its 52-week high and 81.94 percent above its 52-week low.

Market capitalisation stands at Rs 39,813.21 crore.

The company has received a Letter of Award for the construction of an International Cricket Stadium at Lohat, Jhajjar, Haryana, for the Haryana Cricket Association. The project is valued at Rs 222.2 crore.

Globe Civil Projects was quoting at Rs 79.61, down Rs 1.76, or 2.16 percent.

It has touched an intraday high of Rs 82.18 and an intraday low of Rs 79.03.

In the previous trading session, the share closed down 0.96 percent or Rs 0.79 at Rs 81.37.

The share touched a 52-week high of Rs 95.00 and a 52-week low of Rs 73.56 on 23 July, 2025 and 08 July, 2025, respectively.

Currently, the stock is trading 16.2 percent below its 52-week high and 8.22 percent above its 52-week low.

Market capitalisation stands at Rs 475.42 crore.

Vinod K. Goenka has been reappointed as Executive Chairman and Managing Director of the company for a three-year term, effective September 1, 2025.

Valor Estate was quoting at Rs 180.85, up Rs 0.65, or 0.36 percent.

It has touched an intraday high of Rs 184.95 and an intraday low of Rs 180.70.

It was trading with volumes of 19,711 shares, compared to its five day average of 75,410 shares, a decrease of -73.86 percent.

In the previous trading session, the share closed up 1.61 percent or Rs 2.85 at Rs 180.20.

The share touched a 52-week high of Rs 252.50 and a 52-week low of Rs 115.25 on 09 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 28.38 percent below its 52-week high and 56.92 percent above its 52-week low.

Market capitalisation stands at Rs 9,751.51 crore.

#1 Growth targets retained despite tax hike in key state

#2 Cautiously optimistic on growth despite Maharashtra tax hike

#3 Company sees clarity on Maharashtra impact emerging in festive period

#4 Remains cautiously optimistic on growth

#5 Maintains its target for double-digit prestige growth, as few states are seeing tailwinds

#6 Company reiterated its target of growing EBITDA ahead of sales growth

#1 Revenue/EBITDA/PAT were ahead of estimates

#2 Management guides for 30 percent FY26 growth, driven by export momentum & strong pharma/polymer performance

#3 Order book stands at Rs 14,600 crore with execution expected to reduce working capital from Q2

The Sensex was up 844.52 points or 1.05 percent at 81,442.18, and the Nifty was up 295.50 points or 1.20 percent at 24,926.80. About 2304 shares advanced, 1356 shares declined, and 143 shares unchanged.

#1 Q1 margin beat on operational discipline

#2 MHCV growth seen in mid-single digits; LCV growth to be slightly better

#3 International markets remain strong; momentum to continue

#4 Switch mobility turned PBT positive in Q1; PAT expected by FY26-end

Marksans Pharm's wholly owned subsidiary Relonchem Limited in UK has received Marketing Authorization for the below-mentioned products from UK MHRA 1. Metformin Hydrochloride Relonchem 500 mg Prolonged Release Tablets 2. Metformin Hydrochloride Relonchem 750 mg Prolonged Release Tablets 3. Metformin Hydrochloride Relonchem 1000 mg Prolonged Release Tablets.

Passenger traffic in July 2025 declined 3.9% year-on-year (YoY) to 92.72 lakh, while aircraft movements dropped 2.3% YoY to 59,220 during the same period.

GMR Airports was quoting at Rs 89.58, down Rs 1.20, or 1.32 percent.

It has touched an intraday high of Rs 91.39 and an intraday low of Rs 89.55.

It was trading with volumes of 235,024 shares, compared to its five day average of 223,399 shares, an increase of 5.20 percent.

In the previous trading session, the share closed up 2.36 percent or Rs 2.09 at Rs 90.78.

The share touched a 52-week high of Rs 98.20 and a 52-week low of Rs 67.75 on 17 September, 2024 and 28 February, 2025, respectively.

Currently, the stock is trading 8.78 percent below its 52-week high and 32.22 percent above its 52-week low.

Market capitalisation stands at Rs 94,587.31 crore.

The company’s subsidiary, Signatureglobal Business Park, has executed three Sale Deeds to purchase 33.47 acres of land at Sohna, Gurugram. Of this, 30.86 acres were acquired in collaboration.

SignatureGlobal India was quoting at Rs 1,108.30, up Rs 7.70, or 0.70 percent.

It has touched an intraday high of Rs 1,118.95 and an intraday low of Rs 1,100.50.

It was trading with volumes of 7,582 shares, compared to its five day average of 14,651 shares, a decrease of -48.25 percent.

In the previous trading session, the share closed down 1.07 percent or Rs 11.95 at Rs 1,100.60.

The share touched a 52-week high of Rs 1,645.85 and a 52-week low of Rs 1,010.95 on 26 September, 2024 and 06 March, 2025, respectively.

Currently, the stock is trading 32.66 percent below its 52-week high and 9.63 percent above its 52-week low.

Market capitalisation stands at Rs 15,572.80 crore.

The RPG Group company has secured new orders worth Rs 1,402 crore in its transmission & distribution, civil, and cables & conductors businesses. With these additions, its year-to-date (YTD) order intake has surpassed Rs 8,400 crore.

KEC International was quoting at Rs 852.15, up Rs 74.10, or 9.52 percent.

It has touched an intraday high of Rs 856.10 and an intraday low of Rs 803.80.

It was trading with volumes of 190,094 shares, compared to its five day average of 25,144 shares, an increase of 656.01 percent.

In the previous trading session, the share closed down 1.92 percent or Rs 15.25 at Rs 778.05.

The share touched a 52-week high of Rs 1,312.00 and a 52-week low of Rs 605.05 on 04 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 35.05 percent below its 52-week high and 40.84 percent above its 52-week low.

Market capitalisation stands at Rs 22,684.23 crore.

Bleomycin is a widely used anti-cancer medicine, effective in the treatment of Hodgkin’s lymphoma, testicular cancer, and certain squamous cell carcinomas. This approval further strengthens our expansion into highly regulated markets, reinforcing our commitment to delivering quality oncology products globally.

The company has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Tretinoin Cream USP, 0.025%. Tretinoin cream is indicated for the treatment of acne vulgaris. According to IQVIA, the estimated market size for Tretinoin cream is $94 million for the twelve months ending June 2025.

Alembic Pharmaceuticals was quoting at Rs 965.60, up Rs 7.35, or 0.77 percent.

It has touched an intraday high of Rs 980.05 and an intraday low of Rs 963.35.

It was trading with volumes of 1,179 shares, compared to its five day average of 3,824 shares, a decrease of -69.17 percent.

In the previous trading session, the share closed up 1.55 percent or Rs 14.65 at Rs 958.25.

The share touched a 52-week high of Rs 1,296.15 and a 52-week low of Rs 725.60 on 09 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 25.5 percent below its 52-week high and 33.08 percent above its 52-week low.

Market capitalisation stands at Rs 18,980.14 crore.

#1 Loss widens to Rs 39.4 crore Vs loss of Rs 8.7 crore, YoY

#2 Revenue tanks 30.6 percent to Rs 3,534.2 crore Vs Rs 5,091.8 crore, YoY

National Fertilizers was quoting at Rs 90.10, down Rs 1.47, or 1.61 percent.

It has touched an intraday high of Rs 92.40 and an intraday low of Rs 90.10.

It was trading with volumes of 75,091 shares, compared to its five day average of 102,255 shares, a decrease of -26.56 percent.

In the previous trading session, the share closed down 1.73 percent or Rs 1.61 at Rs 91.57.

The share touched a 52-week high of Rs 146.10 and a 52-week low of Rs 70.94 on 22 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 38.33 percent below its 52-week high and 27.01 percent above its 52-week low.

Market capitalisation stands at Rs 4,420.11 crore.

#1 Profit sinks 90 percent to Rs 27 crore Vs 267.7 crore, YoY

#2 Revenue grows 6.3 percent to Rs 1,213.2 crore Vs Rs 1,141.7 crore, YoY

Swan Energy was quoting at Rs 426.95, down Rs 5.65, or 1.31 percent.

It has touched an intraday high of Rs 434.75 and an intraday low of Rs 418.20.

It was trading with volumes of 68,566 shares, compared to its five day average of 89,611 shares, a decrease of -23.48 percent.

In the previous trading session, the share closed down 1.47 percent or Rs 6.45 at Rs 432.60.

The share touched a 52-week high of Rs 809.70 and a 52-week low of Rs 370.00 on 16 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 47.27 percent below its 52-week high and 15.39 percent above its 52-week low.

Market capitalisation stands at Rs 13,383.04 crore.

#1 Profit stands at Rs 52.75 crore Vs loss of Rs 19.2 crore, YoY

#2 Revenue surges 38.3 percent to Rs 1,305.7 crore Vs Rs 944.3 crore, YoY

Indo Rama Synthetics (India) was quoting at Rs 54.01, up Rs 2.57, or 5.00 percent.

It has touched an intraday high of Rs 54.01 and an intraday low of Rs 54.01.

There were pending buy orders of 164,959 shares, with no sellers available.

It was trading with volumes of 85,853 shares, compared to its five day average of 92,079 shares, a decrease of -6.76 percent.

In the previous trading session, the share closed down 1.85 percent or Rs 0.97 at Rs 51.44.

The share touched a 52-week high of Rs 59.50 and a 52-week low of Rs 32.00 on 12 September, 2024 and 05 March, 2025, respectively.

Currently, the stock is trading 9.23 percent below its 52-week high and 68.78 percent above its 52-week low.

Market capitalisation stands at Rs 1,410.27 crore.

The Sensex was up 817.15 points or 1.01 percent at 81,414.81, and the Nifty was up 283.70 points or 1.15 percent at 24,915. About 2413 shares advanced, 1191 shares declined, and 142 shares unchanged.

#1 Profit zooms 119.3 percent to Rs 11.2 crore Vs Rs 5.09 crore, YoY

#2 Revenue jumps 76.9 percent to Rs 156.2 crore Vs Rs 88.3 crore, YoY

#1 Profit plunges 98.7 percent to Rs 0.4 crore Vs Rs 33.9 crore, YoY

#2 Revenue declines 25.4 percent to Rs 113.8 crore Vs Rs 152.6 crore, YoY

Easy Trip Planners was quoting at Rs 9.16, down Rs 0.04, or 0.43 percent.

It has touched an intraday high of Rs 9.31 and an intraday low of Rs 8.81.

It was trading with volumes of 4,519,262 shares, compared to its five day average of 930,949 shares, an increase of 385.45 percent.

In the previous trading session, the share closed up 3.72 percent or Rs 0.33 at Rs 9.20.

The share touched a 52-week high of Rs 22.15 and a 52-week low of Rs 8.76 on 05 September, 2024 and 11 August, 2025, respectively.

Currently, the stock is trading 58.65 percent below its 52-week high and 4.57 percent above its 52-week low.

Market capitalisation stands at Rs 3,246.38 crore.

#1 EBITDA was 16 percent below estimate on weaker refining

#2 Government’s compensation for LPG losses should aid earnings & net debt

#3 Earnings outlook is strong on rangebound crude given OPEC supply

ITC was quoting at Rs 408.50, down Rs 2.90, or 0.70 percent.

It has touched an intraday high of Rs 413.60 and an intraday low of Rs 408.30.

It was trading with volumes of 160,110 shares, compared to its five day average of 578,569 shares, a decrease of -72.33 percent.

In the previous trading session, the share closed down 0.63 percent or Rs 2.60 at Rs 411.40.

The share touched a 52-week high of Rs 528.55 and a 52-week low of Rs 391.50 on 27 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 22.71 percent below its 52-week high and 4.34 percent above its 52-week low.

Market capitalisation stands at Rs 511,661.49 crore.

The company’s subsidiary, Fleur Hotels, has received a Letter of Award from the Delhi Development Authority for license rights to a prime land parcel at Nehru Place, New Delhi, for the development and operation of a 5-star hotel.

The board has approved a greenfield expansion project involving a new cement line with a capacity of 7 million tonnes per annum (MnTPA).

This includes a clinkerisation unit of 4 MnTPA and cement grinding capacity of 3 MnTPA at Jaisalmer, Rajasthan, along with two split grinding units, each with a capacity of 2 MnTPA, located in Rajasthan and Punjab. The total proposed investment is estimated at Rs 4,805 crore.

J. K. Cement was quoting at Rs 7,342.70, up Rs 341.85, or 4.88 percent.

It has touched a 52-week high of Rs 7,347.70.

It has touched an intraday high of Rs 7,347.70 and an intraday low of Rs 7,094.00.

It was trading with volumes of 4,135 shares, compared to its five day average of 1,846 shares, an increase of 124.02 percent.

In the previous trading session, the share closed up 0.90 percent or Rs 62.20 at Rs 7,000.85.

Market capitalisation stands at Rs 56,735.76 crore.

#1 Cautious optimism shared on growth outlook

#2 Good entry level post sharp underperformance

#3 Lower FY26/27 EBITDA by 5-6 percent as factored in hit from revenue decline in Maharashtra

The Sensex was up 985.16 points or 1.22 percent at 81,582.82, and the Nifty was up 338.75 points or 1.38 percent at 24,970.05. About 2485 shares advanced, 1056 shares declined, and 153 shares unchanged.

Z-Tech (India) wins order for construction of Four Laning of Vikravandi to Sethiyathope Section (from Km 0.0 to Km 65.96) of NH-45C

in Tamil Nadu under NHDP Phase-IV on EPC Mode of Rs 16,91,20,000.

Z-Tech India was quoting at Rs 567.45, up Rs 17.65, or 3.21 percent.

It has touched an intraday high of Rs 573.00 and an intraday low of Rs 558.00.

It was trading with volumes of 16,800 shares, compared to its five day average of 120,720 shares, a decrease of -86.08 percent.

In the previous trading session, the share closed down 2.69 percent or Rs 15.20 at Rs 549.80.

The share touched a 52-week high of Rs 731.15 and a 52-week low of Rs 313.05 on 17 January, 2025 and 19 August, 2024, respectively.

Currently, the stock is trading 22.39 percent below its 52-week high and 81.26 percent above its 52-week low.

Market capitalisation stands at Rs 813.17 crore.

#1 Q1 broadly in-line with the estimates

#2 Revenue was flat QoQ, In-line with estimates with ARPU increase of 0.6 percent QoQ to Rs 165

#3 EBITDA was down 1 percent QoQ with EBITDA margin down 47 bps QoQ to 41.8 percent

#4 Net loss at Rs 6,610 crore was higher than estimate due to higher-than-expected interest charges

#5 Company spent Rs 2,440 crore in capex during Q1FY26 vs Rs 3,210 crore in Q3 & Rs 4,230 crore in Q4

The company has opened an 8-screen multiplex at Mahindra Millennium Mall in Bengaluru, Karnataka, and a 10-screen megaplex at Sky City Mall in Borivali, Mumbai. With these launches, it now operates the largest multiplex network with 1,763 screens across 355 properties in 111 cities (India and Sri Lanka).

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the green hydrogen plant set up by Torrent Group in Gorakhpur, which has an annual production capacity of 72 TPA.

The green hydrogen produced will be blended with natural gas in Torrent Gas’ city gas distribution infrastructure in Gorakhpur, maintaining a concentration of up to 2%.

Torrent Power was quoting at Rs 1,320.95, down Rs 8.60, or 0.65 percent.

It has touched an intraday high of Rs 1,373.35 and an intraday low of Rs 1,318.85.

It was trading with volumes of 4,759 shares, compared to its five day average of 22,478 shares, a decrease of -78.83 percent.

In the previous trading session, the share closed down 2.48 percent or Rs 33.80 at Rs 1,329.55.

The share touched a 52-week high of Rs 2,037.35 and a 52-week low of Rs 1,207.20 on 22 October, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 35.16 percent below its 52-week high and 9.42 percent above its 52-week low.

Market capitalisation stands at Rs 66,563.14 crore.

#1 Revenue & EBITDA missed estimates by 7 percent & 13 percent, respectively

#2 Net earnings were adversely impacted by exceptional charges of Rs 320 crore

#3 Net profit was lower than estimates

#4 Revenue for all segments, except for US, were lower than estimates

#5 India growth was muted at 4 percent YoY

#6 Europe declined YoY but the company expects growth to recover in ensuing quarters

#7 EM growth was flat YoY but the company expects double-digit growth for FY26

#8 Gross margin expanded 311 bps YoY & was 289 bps ahead of the estimate

EMS has received a Letter of Acceptance (LOA) for an order worth Rs 104.06 crore from UP Jal Nigam (Urban).

EMS was quoting at Rs 557.95, up Rs 7.80, or 1.42 percent.

It has touched an intraday high of Rs 564.05 and an intraday low of Rs 555.00.

It was trading with volumes of 5,720 shares, compared to its five day average of 68,145 shares, a decrease of -91.61 percent.

In the previous trading session, the share closed down 0.40 percent or Rs 2.20 at Rs 550.15.

The share touched a 52-week high of Rs 1,016.85 and a 52-week low of Rs 548.95 on 18 December, 2024 and 14 August, 2025, respectively.

Currently, the stock is trading 45.13 percent below its 52-week high and 1.64 percent above its 52-week low.

Market capitalisation stands at Rs 3,098.34 crore.

The company has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Tretinoin Cream USP, 0.025%. Tretinoin cream is indicated for the treatment of acne vulgaris. According to IQVIA, the estimated market size for Tretinoin cream is $94 million for the twelve months ending June 2025.

Alembic Pharmaceuticals was quoting at Rs 969.25, up Rs 11.00, or 1.15 percent.

It has touched an intraday high of Rs 980.05 and an intraday low of Rs 964.60.

In the previous trading session, the share closed up 1.55 percent or Rs 14.65 at Rs 958.25.

The share touched a 52-week high of Rs 1,296.15 and a 52-week low of Rs 725.60 on 09 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 25.22 percent below its 52-week high and 33.58 percent above its 52-week low.

Market capitalisation stands at Rs 19,051.88 crore.

#1 Profit plunges 98.7 percent to Rs 0.4 crore Vs Rs 33.9 crore, YoY

#2 Revenue declines 25.4 percent to Rs 113.8 crore Vs Rs 152.6 crore, YoY

Asian stocks rise and oil steadies as investors look for positives ahead of White House talks between President Trump and the Ukrainian and European leaders. Japanese equities gain, with the Nikkei adding 0.8% and the Topix rising 0.6%.

#1 Loss widens to Rs 6,608.1 crore Vs loss of Rs 6,432.1 crore, YoY

#2 Revenue increases 4.9 percent to Rs 11,022.5 crore Vs Rs 10,508.3 crore, YoY

#1 Profit zooms 119.3 percent to Rs 11.2 crore Vs Rs 5.09 crore, YoY

#2 Revenue jumps 76.9 percent to Rs 156.2 crore Vs Rs 88.3 crore, YoY

Jyoti Structures was quoting at Rs 16.33, up Rs 0.20, or 1.24 percent.

It has touched an intraday high of Rs 16.76 and an intraday low of Rs 16.11.

It was trading with volumes of 453,972 shares, compared to its five day average of 1,632,088 shares, a decrease of -72.18 percent.

The share touched a 52-week high of Rs 37.04 and a 52-week low of Rs 13.21 on 05 November, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 55.91 percent below its 52-week high and 23.62 percent above its 52-week low.

Market capitalisation stands at Rs 1,940.72 crore.

#1 Profit sinks 84.5 percent to Rs 26.1 crore Vs Rs 168.1 crore, YoY

#2 Revenue declines 12.1 percent to Rs 1,083.4 crore Vs Rs 1,233.1 crore, YoY

indal Poly Films was quoting at Rs 523.60, down Rs 0.90, or 0.17 percent.

It has touched an intraday high of Rs 534.85 and an intraday low of Rs 519.

It was trading with volumes of 2,682 shares, compared to its five day average of 2,426 shares, an increase of 10.54 percent.

In the previous trading session, the share closed down 0.86 percent or Rs 4.55 at Rs 524.50.

The share touched a 52-week high of Rs 1,145.50 and a 52-week low of Rs 513.65 on 10 December, 2024 and 11 August, 2025, respectively.

Currently, the stock is trading 54.29 percent below its 52-week high and 1.94 percent above its 52-week low.

Market capitalisation stands at Rs 2,292.66 crore.

#1 Loss stands at Rs 360.2 crore Vs profit at Rs 55.71 crore, YoY

#2 Net interest income drops 70 percent to Rs 130 crore Vs Rs 434.2 crore, YoY

#3 Impairment on financial instruments jumps to Rs 422.2 crore Vs Rs 208.9 crore, YoY

#1 Profit zooms 56 percent to Rs 26.1 crore Vs Rs 16.7 crore, YoY

#2 Revenue spikes 31.6 percent to Rs 332 crore Vs Rs 252.2 crore, YoY

Pennar Industries was quoting at Rs 239.10, up Rs 26.30, or 12.36 percent.

It has touched an intraday high of Rs 240.00 and an intraday low of Rs 216.25.

It was trading with volumes of 157,098 shares, compared to its five day average of 46,237 shares, an increase of 239.77 percent.

In the previous trading session, the share closed down 4.66 percent or Rs 10.40 at Rs 212.80.

The share touched a 52-week high of Rs 265.00 and a 52-week low of Rs 136.60 on 24 July, 2025 and 12 February, 2025, respectively.

Currently, the stock is trading 9.77 percent below its 52-week high and 75.04 percent above its 52-week low.

Market capitalisation stands at Rs 3,226.56 crore.

The Sensex was up 1,101.23 points or 1.37 percent at 81,698.89, and the Nifty was up 374.05 points or 1.52 percent at 25,005.35. About 2362 shares advanced, 1004 shares declined, and 158 shares unchanged.

The RPG Group company has secured new orders worth Rs 1,402 crore in its transmission & distribution, civil, and cables & conductors businesses. With these additions, its year-to-date (YTD) order intake has surpassed Rs 8,400 crore.

KEC International was quoting at Rs 810.20, up Rs 32.15, or 4.13 percent.

It has touched an intraday high of Rs 831.55 and an intraday low of Rs 803.80.

It was trading with volumes of 58,578 shares, compared to its five day average of 25,144 shares, an increase of 132.97 percent.

In the previous trading session, the share closed down 1.92 percent or Rs 15.25 at Rs 778.05.

The share touched a 52-week high of Rs 1,312.00 and a 52-week low of Rs 605.05 on 04 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 38.25 percent below its 52-week high and 33.91 percent above its 52-week low.

Market capitalisation stands at Rs 21,567.52 crore.

S&P Global Ratings has raised long-term issuer credit ratings for seven Indian banks — State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Union Bank of India, and Indian Bank — as well as three finance companies — Bajaj Finance, Tata Capital, and L&T Finance.