Closing Bell: Nifty above 24,950, Sensex up 329 pts; IT stocks shine

Indian equity indices ended on a positive note with Nifty around 25,000 on August 25. At close, the Sensex was up 329.06 points or 0.40 percent at 81,635.91, and the Nifty was up 97.65 points or 0.39 percent at 24,967.75.

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.

After showing sharp weakness on Friday, Nifty bounced back smartly on Monday and closed the day with decent gains of 97 points. After opening with a positive note, the market continued to surge higher gradually for better part of the session. There was a consolidation movement towards the end and Nifty closed the day off the highs.

A small positive candle was formed on the daily chart with minor upper and lower shadow (Inside day type candle pattern). This market action indicates an absence of follow-through selling in the market after a sharp weakness of Friday. This is positive indication.

The opening upside gap of 18th Aug remains unfilled after six sessions of its formation. This bullish breakaway gap indicates more upside for the Nifty in the near term. Hence, the next upside target to be watched around 25200-25300 in the near term. Immediate support is placed at 24800.

Markets started the week on a positive note, gaining nearly half a percent on the back of favorable global cues. After an initial uptick, the Nifty slipped in early trade but recovered as strong buying in IT majors and resilience in heavyweights across other sectors lifted the index higher. As a result, the Nifty 50 ended near 24,967.75, up around 0.4%. In contrast, the broader markets remained subdued, closing almost flat, reflecting a cautious undertone.

Investor sentiment was buoyed by easing global rate concerns, with comments from the U.S. Federal Reserve hinting at a possible rate cut next month, boosting risk appetite across emerging markets. On the domestic front, steady institutional inflows and softening crude oil prices provided additional support.

From a technical perspective, the Nifty faces immediate resistance at the 25,150 level; a breakout above this could open the door for further gains. Traders should closely track IT, metals, and realty stocks, while financials are likely to set the tone for the next session.

The Indian Rupee has extended its depreciation for a fourth consecutive day, driven by a strengthening U.S. Dollar. The greenback's recovery follows recent dovish commentary from Federal Reserve Chairman Jerome Powell, which has fuelled expectations of a potential rate cut as early as next month.

The consistent demand for the U.S. Dollar, coupled with high crude oil prices, continues to weigh on the local currency.

In the near term, the spot USDINR pair faces resistance at 87.80 and has support at 87.20. The overall market sentiment for the pair remains positive, indicating a continued upward bias.

On Monday, the benchmark index Nifty experienced high volatility within a narrow range of 127 points. Despite attempting to sustain above the psychological 25000 mark, it failed to hold and witnessed profit booking in the final hour of the session. This led to the formation of a high-wave candle.

Additionally, Nifty traded entirely within the previous day's range, resulting in an Inside Bar formation. The combination of high-wave and Inside Bar patterns reflects a state of indecision among market participants, suggesting a potential pause or reversal in the prevailing trend.

Among Nifty constituents, Infosys, TCS, and HCL Tech emerged as the top gainers, while Adani Enterprises and Apollo Hospitals were the leading laggards. On the sectoral front, Nifty IT and Nifty Realty outperformed, whereas Nifty Media and Nifty PSU Bank were the major underperformers.

The broader indices, Nifty Midcap and Nifty Smallcap 100, ended on a flat note, reflecting a lack of clear direction. The advance/decline ratio also remained neutral, with 244 stocks from the Nifty 500 universe closing in the green.

Nifty View

The current chart structure of the Nifty index reflects a phase of indecisiveness among market participants. This sentiment is echoed by both price action and technical indicators.

The 20-day and 50-day EMAs have been trading flat over the last two sessions, indicating a lack of directional momentum. Meanwhile, the daily RSI continues to move sideways, further reinforcing the view of consolidation and uncertainty in the near term.

Going ahead, the zone of 25070-25100 will act as an important hurdle for the index. While on the downside, the zone of 24860-24830 will act as a crucial support for the index. A decisive move on either side will lead to a trending move in the index.

Bank Nifty View

The Bank Nifty has been underperforming the frontline indices over the past couple of sessions. On Monday, it closed flat and formed a Doji candlestick pattern on the daily chart, signalling indecision among market participants.

Going ahead, the support zone of 54900–54800 will be crucial. A sustained move below 54800 could trigger further downside towards 54400. On the upside, the resistance zone of 55300–55400 will act as a key hurdle for any recovery attempt.

The Indian equities remained strong, tracking global cues, as the dovish speech by Fed Chair Jerome Powell boosted risk-on sentiment. However, the Nifty fell short of the 25,000 mark, closing slightly below it. The sentiment remains positive as long as the index holds above 24,800.

In the near term, particularly on Tuesday, the Indian market may trade sideways as traders await the final verdict on Trump’s additional 25% tariff decision on 27th August.

The Nifty is expected to remain within the range of 24,800–25,150 before any decisive directional move.

The latest US stock market highs, which has seen them reach the highest valuations in history, has been largely fuelled by huge gains in mega-cap tech stocks, investor optimism surrounding artificial intelligence, and the expectation of interest rate cuts by the Federal Reserve later this year. Record share buybacks and strong corporate earnings in sectors like cloud computing, semiconductors, and software have also helped push valuations higher.

In the short term, momentum may keep markets elevated, especially if economic data remains resilient and earnings continue to surprise to the upside. However, the risk of correction is growing, as rising real yields, sticky inflation, and geopolitical uncertainty could pressure high valuations.

For investors, this environment demands caution. While staying invested in quality growth names has merit, there’s growing value in diversifying across sectors and geographincally. Rotating some exposure into value stocks, holding cash reserves, and adopting hedging strategies can help manage downside risk.

A wave of optimism swept through the domestic market, driven by expectations of a Fed rate cut in September and a subsequent decline in the US 10-year yield. The IT index outperformed, buoyed by favourable global sentiment.

The domestic levers stay positive with the proposed GST rationalisation to push consumption demand, and a good monsoon season could serve as a catalyst to navigate any uncertainty in the global trade environment.

Indian rupee ended marginally lower at 87.58 per dollar on Monday versus Friday's close of 87.52.

Indian equity indices ended on a positive note with Nifty around 25,000 on August 25.

At close, the Sensex was up 329.06 points or 0.40 percent at 81,635.91, and the Nifty was up 97.65 points or 0.39 percent at 24,967.75. About 1830 shares advanced, 2169 shares declined, and 178 shares unchanged.

BSE Midcap and Smallcap indices ended flat.

On the sectoral front, IT index rose 2.3%, Realty index added 0.7%, metal index jumped 0.6%.

Infosys, TCS, HCL Technologies, Wipro and Hindalco Industries were among major gainers on the Nifty, while losers were Apollo Hospitals, Nestle India, Bharat Electronics, Adani Enterprises and SBI Life.

Shalby Ltd. has announced a partnership between Shalby Academy and Bhartiya Skill Development University (BSDU), Jaipur, to launch Bachelor of Vocation (B.Voc.) programs in Allied Health and Paramedic Skills. The collaboration aims to provide B.Voc in Medical Laboratory Technology (MLT), B.Voc. in Operation Theatre & Anesthesia Technology (OT&AT), and B.Voc. in Medical Radiology Imaging Technology (MRIT).

The company has received an order worth of Rs 3.36 crores (Incl. Taxes) for Development, Porting and Testing of SATCOM Waveform (SDR) from Defence Research and Development Organisation (DRDO).

Avantel was quoting at Rs 151.70, up Rs 2.60, or 1.74 percent.

It has touched an intraday high of Rs 152.20 and an intraday low of Rs 147.70.

It was trading with volumes of 306,661 shares, compared to its five day average of 213,251 shares, an increase of 43.80 percent.

In the previous trading session, the share closed up 5.22 percent or Rs 7.40 at Rs 149.10.

The share touched a 52-week high of Rs 191.01 and a 52-week low of Rs 90.33 on 07 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 20.58 percent below its 52-week high and 67.94 percent above its 52-week low.

Market capitalisation stands at Rs 4,019.47 crore.

Action Construction Equipment was quoting at Rs 1,074.15, up Rs 88.65, or 9 percent.

It has touched an intraday high of Rs 1,102.95 and an intraday low of Rs 994.05.

It was trading with volumes of 541,957 shares, compared to its five day average of 47,051 shares, an increase of 1,051.85 percent.

In the previous trading session, the share closed down 1.20 percent or Rs 12.00 at Rs 985.50.

The share touched a 52-week high of Rs 1,599.55 and a 52-week low of Rs 917.10 on 01 January, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 32.85 percent below its 52-week high and 17.12 percent above its 52-week low.

Market capitalisation stands at Rs 12,791.32 crore.

Edelweiss Financial Services was quoting at Rs 101, up Rs 7.30, or 7.79 percent.

It has touched an intraday high of Rs 101.40 and an intraday low of Rs 94.25.

It was trading with volumes of 489,672 shares, compared to its five day average of 370,512 shares, an increase of 32.16 percent.

In the previous trading session, the share closed down 3.20 percent or Rs 3.10 at Rs 93.70.

The share touched a 52-week high of Rs 145.50 and a 52-week low of Rs 73.51 on 30 September, 2024 and 07 May, 2025, respectively.

Currently, the stock is trading 30.58 percent below its 52-week high and 37.4 percent above its 52-week low.

Market capitalisation stands at Rs 9,555.11 crore.

Piramal Pharma was quoting at Rs 193.10, up Rs 0.40, or 0.21 percent.

It has touched an intraday high of Rs 196.60 and an intraday low of Rs 192.75.

It was trading with volumes of 105,819 shares, compared to its five day average of 202,141 shares, a decrease of -47.65 percent.

In the previous trading session, the share closed up 0.36 percent or Rs 0.70 at Rs 192.70.

The share touched a 52-week high of Rs 307.85 and a 52-week low of Rs 180.35 on 06 November, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 37.27 percent below its 52-week high and 7.07 percent above its 52-week low.

Market capitalisation stands at Rs 25,667.78 crore.

The Sensex was up 343.39 points or 0.42 percent at 81,650.24, and the Nifty was up 101 points or 0.41 percent at 24,971.10. About 1777 shares advanced, 1962 shares declined, and 154 shares unchanged.

Titan Company was quoting at Rs 3,655.00, up Rs 34.95, or 0.97 percent.

It has touched an intraday high of Rs 3,669.00 and an intraday low of Rs 3,615.90.

It was trading with volumes of 12,580 shares, compared to its five day average of 18,789 shares, a decrease of -33.05 percent.

In the previous trading session, the share closed up 0.13 percent or Rs 4.65 at Rs 3,620.05.

The share touched a 52-week high of Rs 3,866.15 and a 52-week low of Rs 2,947.55 on 30 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 5.46 percent below its 52-week high and 24 percent above its 52-week low.

Market capitalisation stands at Rs 324,485.84 crore.

Vibhor Steel Tubes has commenced supply of the Electric Resistance Welded (ERW) and Galvanized (GI) Pipes produced from its greenfield plant located at Sundargarh in Odisha.

Divis Laboratories was quoting at Rs 6,265.95, up Rs 115.25, or 1.87 percent.

It has touched an intraday high of Rs 6,316.05 and an intraday low of Rs 6,210.00.

It was trading with volumes of 56,749 shares, compared to its five day average of 11,425 shares, an increase of 396.70 percent.

In the previous trading session, the share closed up 2.06 percent or Rs 124.15 at Rs 6,150.70.

The share touched a 52-week high of Rs 7,077.70 and a 52-week low of Rs 4,850.35 on 08 July, 2025 and 26 August, 2024, respectively.

Currently, the stock is trading 11.47 percent below its 52-week high and 29.19 percent above its 52-week low.

Market capitalisation stands at Rs 166,341.28 crore.

Indian rupee erased all the opening gains and trading lower near day's low at 87.57 per dollar versus Friday's close of 87.52.

Zydus Lifesciences was quoting at Rs 1,028.80, up Rs 40.00, or 4.05 percent.

It has touched an intraday high of Rs 1,029.00 and an intraday low of Rs 990.15.

It was trading with volumes of 184,038 shares, compared to its five day average of 30,649 shares, an increase of 500.47 percent.

In the previous trading session, the share closed up 0.27 percent or Rs 2.65 at Rs 988.80.

The share touched a 52-week high of Rs 1,159.00 and a 52-week low of Rs 797.05 on 30 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 11.23 percent below its 52-week high and 29.08 percent above its 52-week low.

Market capitalisation stands at Rs 103,521.35 crore.

Swiggy was quoting at Rs 424.45, down Rs 3.85, or 0.90 percent.

It has touched an intraday high of Rs 432.40 and an intraday low of Rs 420.00.

In the previous trading session, the share closed down 1.55 percent or Rs 6.75 at Rs 428.30.

The share touched a 52-week high of Rs 617.00 and a 52-week low of Rs 297.00 on 23 December, 2024 and 13 May, 2025, respectively.

Currently, the stock is trading 31.21 percent below its 52-week high and 42.91 percent above its 52-week low.

Market capitalisation stands at Rs 105,842.84 crore.

The company has received exclusive advertising rights for all 67 key metro stations operated by the Bangalore Metro Rail Corporation (BMRCL), for a tenure of 9 years till 2034.

The exclusive rights contract is expected to have a revenue potential of Rs 600–700 crore over the tenure of the contract.

Signpost India was quoting at Rs 287.55, up Rs 5.25, or 1.86 percent.

It has touched an intraday high of Rs 311.90 and an intraday low of Rs 286.20.

It was trading with volumes of 25,187 shares, compared to its five day average of 50,595 shares, a decrease of -50.22 percent.

In the previous trading session, the share closed up 1.00 percent or Rs 2.80 at Rs 282.30.

The share touched a 52-week high of Rs 400.50 and a 52-week low of Rs 179.65 on 23 December, 2024 and 02 June, 2025, respectively.

Currently, the stock is trading 28.2 percent below its 52-week high and 60.06 percent above its 52-week low.

Market capitalisation stands at Rs 1,536.95 crore.

Tata Consultancy Services was quoting at Rs 3,137.30, up Rs 83.65, or 2.74 percent.

It has touched an intraday high of Rs 3,152.00 and an intraday low of Rs 3,080.00.

It was trading with volumes of 152,638 shares, compared to its five day average of 100,748 shares, an increase of 51.50 percent.

In the previous trading session, the share closed down 1.53 percent or Rs 47.55 at Rs 3,053.65.

The share touched a 52-week high of Rs 4,585.90 and a 52-week low of Rs 2,992.05 on 02 September, 2024 and 04 August, 2025, respectively.

Currently, the stock is trading 31.59 percent below its 52-week high and 4.85 percent above its 52-week low.

Market capitalisation stands at Rs 1,135,102.60 crore.

#1 Company to launch NTORQ 150 & new electric scooter between August 28–September 1

#2 Launches likely to strengthen leadership in ICE & EV scooter segments

#3 Rare-earth metal shortage eases for Indian EV makers

#4 No upside from GST cuts yet

• DoT has informally shared proposals with the PMO.
• Options include a two-year extension on moratorium dues.
• Relief may also involve smaller payouts and waiver of penalties.
• Vodafone Idea, with 198 million users, has warned it cannot survive without support.

LT Technology Services was quoting at Rs 4,397.15, up Rs 124.25, or 2.91 percent.

It has touched an intraday high of Rs 4,398.10 and an intraday low of Rs 4,255.05.

It was trading with volumes of 5,037 shares, compared to its five day average of 3,281 shares, an increase of 53.50 percent.

In the previous trading session, the share closed down 0.51 percent or Rs 21.95 at Rs 4,272.90.

The share touched a 52-week high of Rs 5,990 and a 52-week low of Rs 3,855 on 29 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 26.59 percent below its 52-week high and 14.06 percent above its 52-week low.

Market capitalisation stands at Rs 46,600.52 crore.

US equity futures and European stocks retreated as some of the euphoria around expectations of Federal Reserve interest rate cuts eased, with concerns about tariffs and their impact on inflation and corporate profits back in focus.

In light of the ongoing strategic disinvestment plan, the Department of Investment and Public Asset Management has informed IDBI Bank that the Securities and Exchange Board of India (SEBI) has approved the reclassification of the Life Insurance Corporation of India (LIC) as a public shareholder of the bank.

Further, the voting rights of LIC shall not exceed 10% of the total net effective voting rights of IDBI Bank.

Post disinvestment, LIC shall reduce its residual shareholding in the bank to 15% or below within two years of the closing date.

Promoter LIC holds a 49.24% stake in IDBI Bank as of June 2025.

The company has received an order worth Rs 90 crore from Rungta Mines, for the manufacturing of a pre-engineered steel building system.

Interarch Building Solutions was quoting at Rs 2,099.00, up Rs 44.60, or 2.17 percent.

It has touched an intraday high of Rs 2,115.00 and an intraday low of Rs 2,055.00.

It was trading with volumes of 4,715 shares, compared to its five day average of 3,630 shares, an increase of 29.89 percent.

In the previous trading session, the share closed up 1.05 percent or Rs 21.35 at Rs 2,054.40.

The share touched a 52-week high of Rs 2,410 and a 52-week low of Rs 1,110.65 on 23 July, 2025 and 04 September, 2024, respectively.

Currently, the stock is trading 12.9 percent below its 52-week high and 88.99 percent above its 52-week low.

Market capitalisation stands at Rs 3,520.41 crore.

Mahanagar Gas was quoting at Rs 1,326.00, down Rs 1.10, or 0.08 percent.

It has touched an intraday high of Rs 1,334.50 and an intraday low of Rs 1,320.00.

It was trading with volumes of 50,500 shares, compared to its five day average of 139,628 shares, a decrease of -63.83 percent.

In the previous trading session, the share closed down 0.23 percent or Rs 3.00 at Rs 1,327.10.

The share touched a 52-week high of Rs 1,988.00 and a 52-week low of Rs 1,075.25 on 25 September, 2024 and 18 November, 2024, respectively.

Currently, the stock is trading 33.3 percent below its 52-week high and 23.32 percent above its 52-week low.

Market capitalisation stands at Rs 13,097.93 crore.

Indian Renewable Energy Development Agency has signed a performance-based Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE), Government of India, outlining strategic targets for the fiscal year 2025-26.

Indian Renewable Energy Development Agency was quoting at Rs 148.70, up Rs 1.15, or 0.78 percent.

It has touched an intraday high of Rs 148.95 and an intraday low of Rs 146.70.

It was trading with volumes of 429,049 shares, compared to its five day average of 2,432,534 shares, a decrease of -82.36 percent.

In the previous trading session, the share closed up 0.17 percent or Rs 0.25 at Rs 147.55.

The share touched a 52-week high of Rs 262.80 and a 52-week low of Rs 137.00 on 26 August, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 43.42 percent below its 52-week high and 8.54 percent above its 52-week low.

Market capitalisation stands at Rs 41,773.27 crore.

CEAT OHT Lanka has signed an agreement with the Board of Investment of Sri Lanka (BOI) to formalise a $171 million investment. This investment follows CEAT's acquisition of Michelin Group’s construction compact line business, including their Sri Lanka-based Midigama plant and casting product plant in Kotugoda.

Emami was quoting at Rs 575.10, down Rs 36.70, or 6.00 percent.

It has touched an intraday high of Rs 616.85 and an intraday low of Rs 562.50.

It was trading with volumes of 1,279,835 shares, compared to its five day average of 32,669 shares, an increase of 3,817.56 percent.

In the previous trading session, the share closed down 1.25 percent or Rs 7.75 at Rs 611.80.

The share touched a 52-week high of Rs 859.20 and a 52-week low of Rs 509.25 on 06 September, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 33.07 percent below its 52-week high and 12.93 percent above its 52-week low.

Market capitalisation stands at Rs 25,103.12 crore.

NBCC (India) has been selected as the lead agency to design, build, and market the Rajasthan Mandapam Convention Centre, Global Capability Centre (GCC) Tower, IT Tower, luxury hotels, and new commercial and residential infrastructure on 95 acres of Rajasthan State Industrial Development & Investment Corporation (RIICO) land along the B2 Bypass, Tonk Road.

In this regard, the Government of Rajasthan has announced this transformative development project with its recent cabinet approval, with an overall estimated investment reaching approximately Rs 3,700 crore.

The project’s scope is ambitious and future-oriented, with plans for the Rajasthan Mandapam Convention Centre to be developed on approximately 25 acres land parcel.

The planned Rajasthan Mandapam, with over 2 lakh sq. mtr. of built-up area, is envisioned as a 7000- 7,500-seat world-class convention.

Cohance Lifesciences was quoting at Rs 897.70, up Rs 13.00, or 1.47 percent.

It has touched an intraday high of Rs 935.00 and an intraday low of Rs 881.30.

It was trading with volumes of 30,912 shares, compared to its five day average of 17,800 shares, an increase of 73.66 percent.

In the previous trading session, the share closed down 1.30 percent or Rs 11.65 at Rs 884.70.

The share touched a 52-week high of Rs 1,359.00 and a 52-week low of Rs 877.55 on 02 December, 2024 and 22 August, 2025, respectively.

Currently, the stock is trading 33.94 percent below its 52-week high and 2.3 percent above its 52-week low.

Market capitalisation stands at Rs 34,343.05 crore.

The Sensex was up 410.41 points or 0.50 percent at 81,717.26, and the Nifty was up 120.75 points or 0.49 percent at 24,990.85. About 1841 shares advanced, 1836 shares declined, and 158 shares unchanged.

TTK Prestige was quoting at Rs 657.05, up Rs 2.65, or 0.40 percent.

It has touched an intraday high of Rs 663.25 and an intraday low of Rs 657.

In the previous trading session, the share closed down 0.65 percent or Rs 4.30 at Rs 654.40.

The share touched a 52-week high of Rs 961.55 and a 52-week low of Rs 583.00 on 03 September, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 31.67 percent below its 52-week high and 12.7 percent above its 52-week low.

Market capitalisation stands at Rs 8,998.30 crore.

JSW Infrastructure was quoting at Rs 304.05, down Rs 1.20, or 0.39 percent.

It has touched an intraday high of Rs 308.40 and an intraday low of Rs 302.50.

In the previous trading session, the share closed down 1.15 percent or Rs 3.55 at Rs 305.25.

The share touched a 52-week high of Rs 355.30 and a 52-week low of Rs 218.10 on 27 September, 2024 and 18 February, 2025, respectively.

Currently, the stock is trading 14.42 percent below its 52-week high and 39.41 percent above its 52-week low.

Market capitalisation stands at Rs 63,850.55 crore.

#1 SME stress manageable, credit costs for FY26 seen at 185–195 bps

#2 Loan growth guidance at 23–24% YoY

#3 Rajeev to remain MD till Mar-28, successor to be chosen internally

#4 Among few large caps with over 20% growth & high RoE

Indian rupee has erased some of the opening gains but still trading higher at 87.46 per dollar versus Friday's close of 87.52.

The issue will open on Monday, September 01, 2025 and will be closed on Wednesday, September 03, 2025.

IPO comprises a fresh issue of 13,08,000 equity shares with a face value of Rs 10 each.

Rachit Prints Limited intends to raise Rs 19.5 crore from the IPO and plans to utilise Rs 9.5 crore of the total proceeds towards working capital requirements, Rs 4.4 crore to fund its capital expenditure towards purchase of plant and machinery, Rs 1.32 crore for the prepayment of term loans to bank, and the remaining capital will be used for general corporate purposes.

GlaxoSmithKline Pharmaceuticals was quoting at Rs 2,828.15, up Rs 28.65, or 1.02 percent.

It has touched an intraday high of Rs 2,864.00 and an intraday low of Rs 2,799.00.

It was trading with volumes of 2,002 shares, compared to its five day average of 3,740 shares, a decrease of -46.47 percent.

In the previous trading session, the share closed up 0.69 percent or Rs 19.25 at Rs 2,799.50.

The share touched a 52-week high of Rs 3,515.95 and a 52-week low of Rs 1,924.30 on 05 June, 2025 and 03 February, 2025, respectively.

Currently, the stock is trading 19.56 percent below its 52-week high and 46.97 percent above its 52-week low.

Market capitalisation stands at Rs 47,910.57 crore.

Jubilant Foodworks was quoting at Rs 648.50, up Rs 29.95, or 4.84 percent.

It has touched an intraday high of Rs 649.55 and an intraday low of Rs 616.55.

It was trading with volumes of 65,950 shares, compared to its five day average of 37,451 shares, an increase of 76.10 percent.

In the previous trading session, the share closed down 1.46 percent or Rs 9.15 at Rs 618.55.

The share touched a 52-week high of Rs 796.75 and a 52-week low of Rs 559.00 on 06 January, 2025 and 04 November, 2024, respectively.

Currently, the stock is trading 18.61 percent below its 52-week high and 16.01 percent above its 52-week low.

Market capitalisation stands at Rs 42,790.96 crore.

The company has received a show cause cum demand notice from the Directorate General of GST Intelligence, Mumbai, alleging non-payment of IGST under the reverse charge mechanism for the import of services.

This notice refers to the company’s acquisition of trademark rights, along with the title of Zomelis and its associated brands registered in India, from Novartis AG Switzerland.

Eris Lifesciences was quoting at Rs 1,770.20, up Rs 1.30, or 0.07 percent.

It has touched an intraday high of Rs 1,776.25 and an intraday low of Rs 1,728.90.

It was trading with volumes of 3,052 shares, compared to its five day average of 14,297 shares, a decrease of -78.65 percent.

The share touched a 52-week high of Rs 1,909.55 and a 52-week low of Rs 1,130.05 on 12 June, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 7.3 percent below its 52-week high and 56.65 percent above its 52-week low.

Market capitalisation stands at Rs 24,111.33 crore.

The Board has approved the change in the name of the company to Leela Palaces Hotels & Resorts, and has recommended the re-appointment of Anuraag Bhatnagar as Whole-Time Director.

Schloss Bangalore was quoting at Rs 419.55, down Rs 0.75, or 0.18 percent.

It has touched an intraday high of Rs 422.20 and an intraday low of Rs 413.50.

In the previous trading session, the share closed down 1.45 percent or Rs 6.20 at Rs 420.30.

The share touched a 52-week high of Rs 474.60 and a 52-week low of Rs 382.50 on 23 July, 2025 and 19 June, 2025, respectively.

Currently, the stock is trading 11.6 percent below its 52-week high and 9.69 percent above its 52-week low.

Market capitalisation stands at Rs 14,011.20 crore.

The Sensex was up 330.08 points or 0.41 percent at 81,636.93, and the Nifty was up 94.90 points or 0.38 percent at 24,965.00. About 1861 shares advanced, 1759 shares declined, and 160 shares unchanged.

The Board has approved fund raising of up to Rs 3,000 crore, in one or more tranches, through equity shares and non-convertible debentures (NCDs) along with warrants.

Eris Lifesciences Limited, a leading Indian branded formulations manufacturing company, today announced that a manufacturing unit in its Ahmedabad campus has received approval from ANVISA, which is Brazil’s national health regulatory agency.

This approval follows a successful inspection conducted by the agency in May 2025 and enables Eris to enter Brazil, the largest pharmaceutical market in South America.

Tata Communications was quoting at Rs 1,597.15, down Rs 11.15, or 0.69 percent.

It has touched an intraday high of Rs 1,618.20 and an intraday low of Rs 1,588.80.

It was trading with volumes of 1,443,444 shares, compared to its five day average of 646,766 shares, an increase of 123.18 percent.

In the previous trading session, the share closed up 1.28 percent or Rs 20.35 at Rs 1,608.30.

The share touched a 52-week high of Rs 2,175.00 and a 52-week low of Rs 1,293.00 on 03 October, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 26.57 percent below its 52-week high and 23.52 percent above its 52-week low.

Market capitalisation stands at Rs 45,518.78 crore.

#1 Zudio has low store overlap, only 12 of 235 cities have 10+ stores

#2 SSSg assumed at 6% FY25–28 vs historical high double digits

#3 Multiple growth levers support SSSg estimate

#4 Valuation at 75x seems high

Trent was quoting at Rs 5,425.00, up Rs 10.40, or 0.19 percent.

It has touched an intraday high of Rs 5,474.95 and an intraday low of Rs 5,405.00.

It was trading with volumes of 7,367 shares, compared to its five day average of 31,795 shares, a decrease of -76.83 percent.

In the previous trading session, the share closed down 0.61 percent or Rs 33.20 at Rs 5,414.60.

The share touched a 52-week high of Rs 8,345.85 and a 52-week low of Rs 4,491.75 on 14 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 35 percent below its 52-week high and 20.78 percent above its 52-week low.

Market capitalisation stands at Rs 192,851.95 crore.

• SMBC plans to buy 20 percent in Yes Bank through a secondary stake purchase.
• SBI will sell 13.19 percent, while seven banks together will sell 6.81 percent.
• RBI has approved the acquisition with a validity of one year.
• SMBC will not be treated as a promoter after the deal.
• The approval is subject to compliance with RBI and FEMA rules.

Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a USD 7-8 billion valuation for its IPO, sources said.

According to sources, discussions with key banking partners have ramped up in recent weeks, with valuation guidance now pegged at USD 7-8 billion ( around Rs 70 per share), potentially in the range of 25-30 times the EBITDA.

The Sensex was up 256.89 points or 0.32 percent at 81,563.74, and the Nifty was up 76.25 points or 0.31 percent at 24,946.35. About 1884 shares advanced, 1648 shares declined, and 168 shares unchanged.

Markolines Pavement Technologies has received a Letter of Acceptance (LOA) from Trans Metalite India amounting to approximately Rs 100 crore for operation and production of patch repair work.

Markolines Pavement Technologies was quoting at Rs 175.90, up Rs 2.00, or 1.15 percent.

It has touched an intraday high of Rs 179.75 and an intraday low of Rs 173.80.

In the previous trading session, the share closed up 4.41 percent or Rs 7.35 at Rs 173.90.

The share touched a 52-week high of Rs 264 and a 52-week low of Rs 107 on 27 August, 2024 and 18 March, 2025, respectively.

Currently, the stock is trading 33.37 percent below its 52-week high and 64.39 percent above its 52-week low.

Market capitalisation stands at Rs 387.06 crore.

Shree Refrigerations received supply order from the Hindustan Shipyard of Rs 1,06,62,65,465.

Shree Refrigerations was quoting at Rs 209.80, up Rs 29.60, or 16.43 percent.

It has touched a 52-week high of Rs 214.80.

It has touched an intraday high of Rs 214.80 and an intraday low of Rs 187.80.

In the previous trading session, the share closed up 1.29 percent or Rs 2.30 at Rs 180.20.

The share touched 52-week low of Rs 153 on 07 August, 2025 and currently, the stock is trading 37.12 percent above its 52-week low.

Market capitalisation stands at Rs 747.53 crore.

The company has received exclusive advertising rights for all 67 key metro stations operated by the Bangalore Metro Rail Corporation (BMRCL), for a tenure of 9 years till 2034.

The exclusive rights contract is expected to have a revenue potential of Rs 600–700 crore over the tenure of the contract.

Signpost India was quoting at Rs 288.50, up Rs 6.20, or 2.20 percent.

It has touched an intraday high of Rs 311.90 and an intraday low of Rs 287.85.

It was trading with volumes of 23,059 shares, compared to its five day average of 50,595 shares, a decrease of -54.42 percent.

In the previous trading session, the share closed up 1.00 percent or Rs 2.80 at Rs 282.30.

The share touched a 52-week high of Rs 400.50 and a 52-week low of Rs 179.65 on 23 December, 2024 and 02 June, 2025, respectively.

Currently, the stock is trading 27.97 percent below its 52-week high and 60.59 percent above its 52-week low.

Market capitalisation stands at Rs 1,542.03 crore.

Cyient was quoting at Rs 1,278.15, up Rs 47.40, or 3.85 percent.

It has touched an intraday high of Rs 1,282.00 and an intraday low of Rs 1,231.00.

It was trading with volumes of 32,495 shares, compared to its five day average of 14,907 shares, an increase of 117.99 percent.

In the previous trading session, the share closed down 0.23 percent or Rs 2.80 at Rs 1,230.75.

The share touched a 52-week high of Rs 2,156.35 and a 52-week low of Rs 1,050.20 on 16 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 40.73 percent below its 52-week high and 21.71 percent above its 52-week low.

Market capitalisation stands at Rs 14,193.77 crore.

Nazara Technologies was quoting at Rs 1,049.40, down Rs 106.35, or 9.20 percent.

It has touched an intraday high of Rs 1,158.05 and an intraday low of Rs 1,037.15.

It was trading with volumes of 214,802 shares, compared to its five day average of 19,281 shares, an increase of 1,014.04 percent.

In the previous trading session, the share closed down 4.13 percent or Rs 49.85 at Rs 1,155.75.

The share touched a 52-week high of Rs 1,450.00 and a 52-week low of Rs 835.30 on 13 August, 2025 and 25 October, 2024, respectively.

Currently, the stock is trading 27.63 percent below its 52-week high and 25.63 percent above its 52-week low.

Market capitalisation stands at Rs 9,719.15 crore.

The company has acquired 1.9 lakh equity shares worth Rs 37.49 crore in HDFC Bank.

HDFC Bank was quoting at Rs 1,965.75, up Rs 1.00, or 0.05 percent. It has touched an intraday high of Rs 1,977.55 and an intraday low of Rs 1,957.70.

It was trading with volumes of 171,083 shares, compared to its five day average of 424,916 shares, a decrease of -59.74 percent.

The share touched a 52-week high of Rs 2,036.30 and a 52-week low of Rs 1,613.40 on 30 July, 2025 and 07 October, 2024, respectively. Currently, the stock is trading 3.46 percent below its 52-week high and 21.84 percent above its 52-week low. Market capitalisation stands at Rs 1,509,114.09 crore.

Elpro International was quoting at Rs 88.80, up Rs 1.80, or 2.07 percent. It has touched an intraday high of Rs 89.94 and an intraday low of Rs 87.

It was trading with volumes of 7,602 shares, compared to its five day average of 53,456 shares, a decrease of -85.78 percent.

The share touched a 52-week high of Rs 147.70 and a 52-week low of Rs 62.30 on 01 October, 2024 and 19 February, 2025, respectively. Currently, the stock is trading 39.88 percent below its 52-week high and 42.54 percent above its 52-week low. Market capitalisation stands at Rs 1,504.97 crore.

#1 Company to launch NTORQ 150 & new electric scooter between August 28–September 1

#2 Launches likely to strengthen leadership in ICE & EV scooter segments

#3 Rare-earth metal shortage eases for Indian EV makers

#4 No upside from GST cuts yet, as policy is still awaited- define

The pharma company has executed a Framework Agreement with the Government of the Republic of Zambia to establish a local manufacturing facility in Zambia and to undertake the manufacturing and supply of medicines there. The facility also plans to export to other African countries in the future.

Akums Drugs Pharmaceuticals was quoting at Rs 478.40, down Rs 2.15, or 0.45 percent.

It has touched an intraday high of Rs 491.95 and an intraday low of Rs 475.30.

It was trading with volumes of 17,247 shares, compared to its five day average of 49,879 shares, a decrease of -65.42 percent.

In the previous trading session, the share closed down 0.15 percent or Rs 0.70 at Rs 480.55.

The share touched a 52-week high of Rs 969.90 and a 52-week low of Rs 407.40 on 26 August, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 50.68 percent below its 52-week high and 17.43 percent above its 52-week low.

Market capitalisation stands at Rs 7,529.73 crore.

The Board has appointed Mushir Sayed as the Chief Financial Officer (CFO) of the company, effective August 22.

Falcon Technoprojects India was quoting at Rs 17.65, down Rs 0.35, or 1.94 percent.

It has touched an intraday high of Rs 18 and an intraday low of Rs 17.50.

It was trading with volumes of 6,000 shares, compared to its five day average of 11,280 shares, a decrease of -46.81 percent.

In the previous trading session, the share closed down 0.55 percent or Rs 0.10 at Rs 18.00.

The share touched a 52-week high of Rs 63.95 and a 52-week low of Rs 14.85 on 27 December, 2024 and 21 July, 2025, respectively.

Currently, the stock is trading 72.4 percent below its 52-week high and 18.86 percent above its 52-week low.

Market capitalisation stands at Rs 9.45 crore.

Shareholders have re-appointed Venu Srinivasan as a Director of the company.

TVS Motor Company was quoting at Rs 3,282.60, up Rs 2,623.56, or 398.09 percent.

It has touched a 52-week high of Rs 3,315.25.

It has touched an intraday high of Rs 3,315.25 and an intraday low of Rs 3,260.75.

It was trading with volumes of 8,126 shares, compared to its five day average of 66,044 shares, a decrease of -87.70 percent.

In the previous trading session, the share closed up 0.47 percent or Rs 3.07 at Rs 659.04.

The share touched 52-week low of Rs 434.01 on 14 January, 2025, and currently, the stock is trading 656.34 percent above its 52-week low.

Market capitalisation stands at Rs 155,952.10 crore.

In light of the ongoing strategic disinvestment plan, the Department of Investment and Public Asset Management has informed IDBI Bank that the Securities and Exchange Board of India (SEBI) has approved the reclassification of the Life Insurance Corporation of India (LIC) as a public shareholder of the bank.

Further, the voting rights of LIC shall not exceed 10% of the total net effective voting rights of IDBI Bank.

Post disinvestment, LIC shall reduce its residual shareholding in the bank to 15% or below within two years of the closing date.

Promoter LIC holds a 49.24% stake in IDBI Bank as of June 2025.

Gulf Oil Lubricants India was quoting at Rs 1,265.85, up Rs 23.45, or 1.89 percent.

It has touched an intraday high of Rs 1,272.10 and an intraday low of Rs 1,232.05.

It was trading with volumes of 1,642 shares, compared to its five day average of 4,417 shares, a decrease of -62.83 percent.

In the previous trading session, the share closed down 0.79 percent or Rs 9.90 at Rs 1,242.40.

The share touched a 52-week high of Rs 1,510.00 and a 52-week low of Rs 950.00 on 02 September, 2024 and 28 January, 2025, respectively.

Currently, the stock is trading 16.17 percent below its 52-week high and 33.25 percent above its 52-week low.

Market capitalisation stands at Rs 6,243.12 crore.

The Sensex was up 161.76 points or 0.20 percent at 81,468.61, and the Nifty was up 58.10 points or 0.23 percent at 24,928.20. About 1905 shares advanced, 1432 shares declined, and 196 shares unchanged.

Tata Technologies was quoting at Rs 692.15, up Rs 8.40, or 1.23 percent.

It has touched an intraday high of Rs 692.50 and an intraday low of Rs 685.95.

It was trading with volumes of 21,233 shares, compared to its five day average of 399,493 shares, a decrease of -94.69 percent.

In the previous trading session, the share closed down 0.44 percent or Rs 3.00 at Rs 683.75.

The share touched a 52-week high of Rs 1,135 and a 52-week low of Rs 595.05 on 20 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 39.02 percent below its 52-week high and 16.32 percent above its 52-week low.

Market capitalisation stands at Rs 28,079.12 crore.

Rajiv Anand took charge as Managing Director and Chief Executive Officer of the bank, effective today.

IndusInd Bank was quoting at Rs 766.70, up Rs 6.75, or 0.89 percent.

It has touched an intraday high of Rs 769.60 and an intraday low of Rs 761.30.

It was trading with volumes of 17,543 shares, compared to its five day average of 97,732 shares, a decrease of -82.05 percent.

In the previous trading session, the share closed down 0.99 percent or Rs 7.60 at Rs 759.95.

The share touched a 52-week high of Rs 1,498.70 and a 52-week low of Rs 605.40 on 19 September, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 48.84 percent below its 52-week high and 26.64 percent above its 52-week low.

Market capitalisation stands at Rs 59,731.75 crore.