26/08/26, Factors for Today's Market

Indian benchmark indices Sensex and Nifty are likely to open sharply higher on Wednesday, with GIFT Nifty pointing to a gap-up start as falling crude oil prices, easing global bond yields and an overnight rise on Wall Street improved the global backdrop. Mostly positive Asian markets and continued institutional buying at home could provide further support. But investors are likely to remain cautious ahead of Nvidia's closely watched quarterly earnings.

GIFT Nifty was trading at 24,556 around 7:50 am, up 222 points, or 0.9 percent. Domestic equities enter the session with positive momentum after final-hour buying helped the benchmarks recover on monthly derivatives expiry day. The Sensex rose 286.98 points, or 0.37 percent, to 77,656.09, while the Nifty gained 115.50 points, or 0.48 percent, to end at 24,334.55 on Tuesday.

Asian markets mostly higher

Asian equities traded mostly higher on Wednesday, supported by technology stocks and the easing in global bond yields. MSCI's Asia-Pacific equities gauge gained 0.3 percent. Hong Kong's Hang Seng rose 1 percent, while the Shanghai Composite advanced 0.4 percent. Japan's Topix and Australia's S&P/ASX 200 were also marginally higher, although Nikkei 225 futures declined 0.4 percent.

Crude oil tumbles as Hormuz hopes revive

A further sharp decline in crude oil is among the most favourable cues for Indian equities on Wednesday, while the recovery in US technology stocks and easing bond yields have also helped improve global risk sentiment. Oil prices dropped about 2 percent in early Asian trade, extending steep losses from the previous session after Iran said it had resumed talks with Oman over managing the Strait of Hormuz.

Brent crude futures fell 2 percent to $86.80 a barrel, while US West Texas Intermediate crude declined 1.8 percent to $80.87 a barrel. Both benchmarks had already fallen more than 3 percent on Tuesday.

Wall Street gains as tech stocks rebound, bond yields ease

US equities ended higher on Tuesday as technology stocks recovered ahead of Nvidia's results, while declines in crude oil and Treasury yields offered investors some relief following the recent bond-market selloff. The Nasdaq Composite gained 0.66 percent to 26,151.30, while the S&P 500 advanced 0.32 percent to 7,677.24. The Dow Jones Industrial Average rose 0.30 percent to 53,577.40.

Easing bond yields are another positive cue for global equities after the recent surge in borrowing costs pressured valuations and triggered concerns over capital flows into emerging markets.

Attention now shifts to Nvidia, which is due to announce its quarterly earnings later on Wednesday. The results and management commentary will be closely watched for indications of the strength of AI-related demand and the sustainability of heavy technology investment. US futures reflected some caution ahead of the results, with Nasdaq 100 futures down 0.5 percent and S&P 500 futures falling 0.3 percent in Asian trade.

FII, DII buying adds to positive domestic cues

Institutional flows remained supportive on Tuesday, with both foreign and domestic investors emerging as net buyers. Foreign institutional investors (FIIs) extended their buying streak to a second consecutive session, purchasing equities worth Rs 1,593 crore. Domestic institutional investors (DIIs) also remained net buyers, investing Rs 230 crore in Indian equities. The continued foreign buying is an encouraging signal for domestic equities

Report by Shaleen Agrawal 

Source: Network18 

25/08/26, Today's Market

 The cues for Indian markets are negative this morning. The Asian markets are trading on a lower note, and US Futures are flat. Similarly, crude oil prices continue to trade above $90. Following the global trend, the Gift Nifty is indicating a negative start for Indian markets. It is down 45 points or 0.18%. 

Earlier on Monday, the  NIFTY50 closed the session 0.14% lower at 24,219, while the  SENSEX closed 0.22% lower at 77,369. 

Key global and domestic cues for August 25, 2026

Asian Markets

 Asia-Pacific markets traded on a lower note, as the US is planning to roll out global sanctions focused on Iran. Japan’s Nikkei 225 fell 0.55% on Tuesday, while the Topix was marginally lower. South Korea’s Kospi dropped 2.37%, and the small-cap Kosdaq declined 1.23%. Hong Kong’s Hang Seng index futures were at 25,599, compared with the index’s last close of 25,517.33.

US futures

The futures contracts tied to US benchmarks were trading flat on Tuesday morning. Futures tied to the Dow Jones Industrial Average were flat. S&P 500 futures edged higher by 0.04% and Nasdaq 100 futures gained 0.06%.

US markets on Monday

On Monday, the US stock market  closed on a lower note. The S&P 500 index fell 0.28% to close at 7,652.86, while the Nasdaq Composite lost 0.76% and closed at 25,980.19. The Dow Jones Industrial Average gained 140.15 points, or 0.26%, to settle at 53,417.16.

Crude oil West Texas intermediate (ETI)  crude  futures fell 0.29% to trade at $84.76 per barrel. On the other hand, Brent crude futures were trading 0.41% lower around $91.79, above the psychologically important level of $90. On COMEX, crude prices traded 0.19% lower at $84.85 a barrel.

Gold rate today

On COMEX, the precious metal was trading at $4,745.70 an ounce, up 1.02%.

The rate for 24@carat gold today is Rs 1,63,190 per 10 grams. The price of gold has risen 0.41% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,62,910 per 10 grams. The 18-carat gold price today in India is Rs 1,22,392.5. The 24-carat gold rate in Dubai today is Rs 1,49,590.

Silver rate today

On COMEX, Silver prices traded 1.34% lower at $69.51 per troy ounce.

In India, the Silver rate fell 0.92% to Rs 2.44 lakh per kilogram.

Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

FII, DII data

Foreign institutional investors were net buyers of shares worth Rs 1,181.66 crore. On the other hand, the Domestic Institutional Investors were net buyers of shares worth Rs 2,493.41 crore on August 24, 2026, according to the provisional data available on the NSE.

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading flat at 98.99. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.02% to close at 95.74 to the dollar on August 24.

Top Sectors in Monday’s trade

The Agriculture sector’s stocks surged the most in Monday’s trade, rising 2.9% in market capitalisation. Further, Aluminium stocks were followed by the Iron and Steel sector stocks, which were further followed by the Metals – Non Ferrous stocks. However, the Aquaculture sector stocks fell the most, declining 2%.

Written by Sparsh Bansal

Source:FinancialExpress

25/08/26, Silver in Lime Light

 It’s a global trend – nervous investors are increasingly evaluating alternative assets amidst US government debt recently crossing $ 40 trillion and the resulting rising bond yields causing intense volatility in global stock markets.

In addition, the tensions in the Middle East have shown no signs of easing despite the recent Versailles, France peace treaty and numerous ceasefire announcements.

And it’s no surprise that investors are once again turning to precious metals, like silver. Global Silver prices on Friday trading rose 2% to $ 70 per ounce, and have moved up since the average price of $ 66 per ounce levels in June 2026.

On Monday, global silver prices were at $ 69 per ounce levels.

Local silver prices track global prices – they were at Rs 2.46 lakh per kg levels. Silver Prices in Mumbai  at the end of June 2026 were Rs 2.21 lakh per 1 kilogram. Indian bullion prices are inflated to the extent of the import duty imposed by the government.

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Silver prices had peaked in Mumbai at Rs 3.18 lakh per kg levels in the third week of January 2026.While silver has wide applications in the industrial sector, in electronics and solar panels, amongst others, it is being increasingly viewed as a ‘safe haven’ asset.

Several well-known investors including the well-recognized market guru, Vijay Kedia have warned investors of sharp volatility in precious metals and its potential negative impact for speculators.

Why Hindustan Zinc is Dalal Street’s Preferred Silver Play

On Dalal Street, Hindustan Zinc,  which is among the top 10 silver miners globally, has gained prominence. The stock rose 1.7% to Rs 604.8 in Monday trading, and it had hit a 52-week high of Rs 732.6 on 28 January, 2026.

And despite the volatility in silver prices, the stock has jumped nearly 40% over the past one year compared to a 5% fall in the Sensex. Investors it seems are increasingly looking to play the volatility in silver prices via this stock.

Its board of directors had declared an interim dividend of Rs 11 per equity share on April 24, 2026.  In FY26, the company had paid a dividend of Rs 10 per share.

  Vedanta is the promoter of Hindustan Zinc holding a 60.71% stake in the metal major at the end of the June 2026 quarter.

Q1 Breakdown: How a 117% Price Surge Delivered Record Margins

Hindustan Zinc  sold 149 tonnes of refined silver in the June 2026 quarter as compared to 145 tonnes a year earlier.

In its results presentation, Hindustan Zinc has highlighted an average international price of $73.2 per ounce as compared to $ 33.7 per ounce a year earlier, a rise of 117%.

In the local markets, spot silver prices in Mumbai averaged Rs 2.43 lakh per kg levels as compared to Rs 1.02 lakh per kg levels a year earlier, a rise of 138% y-o-y. Part of this gain can be attributed to an increase in import duties.

Strategic Hedging: Protecting Profitability from Spot Price Shocks

Silver prices in the quarter were significantly higher on a y-o-y basis. However, in its annual report for FY26, Hindustan Zinc has highlighted that as part of its risk management framework, it undertakes strategic hedging for a portion of its annual production, within policy limits, to support greater predictability of revenues, EBITDA, and cash flows and to mitigate adverse price movements.

In line with this practice, the company hedged 59 tonnes of silver at average prices of $ 60 per troy ounce. The above position is intended to provide protection against price volatility, the company has highlighted.

Hindustan Zinc sold 627 tonnes of silver in FY26.

Depending on the commodity derivatives Hindustan Zinc has entered into, the company will leverage the upturn in silver prices, and it may not fully realise the surge in spot silver prices right away.

Strong silver prices helped Hindustan Zinc’s silver division revenues rise nearly 169% y-o-y to Rs 3,839 crore in the June 2026 quarter. The segment profit of the silver division also jumped 170% y-o-y to Rs 3,327 crore.

Written by Amriteshwar Mathur

Source: FinancialExpress

24/08/26, VISHAL MEGA MART, HEXAWARE & URBAN COMPANY

The domestic equity benchmarks slipped into negative territory by midday trade after giving up their early gains. The Nifty was hovering around 24,190, down about 0.28%, while the Sensex was hovering near 77,290, lower by around 0.32%. Vishal Mega Mart, TVS Supply Chain Solutions, Urban Company and Hexaware Technologies, however, recorded strong gains..

Here are the top movers and shakers at this hour:

Vishal Mega Mart

The share price  price of VISHAL MART surged 11.4% by midday after the company reappointed Gunender Kapur as Founder, Managing Director and Chief Executive Officer for a further five-year term beginning September 1, 2026. The announcement drew strong buying interest, with Morgan Stanley also describing the extension of the chief executive’s tenure as a positive development.

Hexaware Technologies

 HEXAWARE TECHNOLOGIES LTD share price gained 7.7% by midday, marking its strongest single-day rise of the year, after the company outlined its AI-focused business plans and said it expects revenue to double to about $3 billion by 2029 from around $1.5 billion. The company said growth would be supported by AI services, expansion in West Asia, the technology vertical and private equity partnerships, while NSE trading volumes were 12.8 times the average.

LT Foods

 LT FOOD share price jumped 15% by midday amid unusually heavy trading activity, with volumes on the NSE surging about 55 times the average. The counter saw more than 2 crore shares traded on the exchange compared with an average daily volume of about 4.21 lakh shares, driving a sharp move in the stock.

TVS Supply Chain Solutions

 TVS SUPPLY CHAIN share price climbed 13.6% by midday after the company signed an agreement with Japan-headquartered logistics and engineering firm Sankyu Inc. The partnership triggered strong buying in the counter and pushed it among the major gainers during Monday’s session.

Urban Company

The share price of URBAN COMPANY LTDrose 6.1% by midday after FTSE added the company to three benchmark indices during its latest semi-annual review. The stock will be included in the FTSE Emerging Markets All Cap Index, FTSE SmallCap Index and FTSE Global Total Cap Index from September 21, 2026, subject to the completion of the review process.

Written by ShivanginiGupta

Source: FinancialExpress

24/08/26, Indian Markets

 

India's equity capital market is heading for its best month on record, bucking a lackluster stock market as ample domestic liquidity continues to fuel demand for new shares.

Almost $10 billion of deals have been priced in August, led by the government's blockbuster $3.2 billion sale of shares in Life Insurance Corp. of India. Manipal Health Enterprises Ltd.'s $958 million initial public offering, alongside a flurry of block trades and institutional placements, boosted the tally.

The record dealmaking has been driven by the growing heft of India's local mutual funds and insurers, strong participation by retail investors and the return of global funds, factors that are boosting the market's ability to absorb large offerings. That strength could provide the momentum for major offerings expected later this year from the National Stock Exchange of India Ltd. and Jio Platforms Ltd.

The buoyancy contrasts with the subdued performance of the nation's $5.1 trillion secondary market, which remains among the region's laggards this year. While the benchmark NSE Nifty 50 Index is little changed from its level two years ago, investors have snapped up new listings. All but four of the 24 companies that debuted in August are trading above their IPO prices.

“Companies have overcome hesitancy caused by the trade tantrum and war in the Middle East,” said Sunil Shah, group chief executive of Mumbai-based Khambatta Securities Ltd. Some issuers even accepted lower valuations to get their deals over the finish line, he added.

Report by Bloomberg 

Source: Network18 

24/08/26, India’s logistics sector is increasingly becoming a direct beneficiary of rising consumption, manufacturing activity and the country’s expanding infrastructure network. But for investors, the more interesting question is whether this improving business environment is beginning to reflect in stock prices. The charts of Transport Corporation of India (TCI), RITCO Logistics and Aegis Logistics suggest that the answer could be yes.

The three stocks are at different stages of their technical setups, but they share an important characteristic: buyers appear to be returning at key technical levels. For a lay investor, this matters because technical analysis is essentially the study of price behaviour. When price repeatedly holds important support or breaks through a resistance level, it provides clues about how market participants are positioning themselves.

The broader backdrop is supportive. ICRA expects India’s road logistics sector to record 8-10% revenue growth in FY2027, while organised players could benefit from their ability to command a premium in a competitive market. (ICRA) Logistics activity is also being supported by manufacturing, consumption, e-commerce and infrastructure development. (CBRE India)

TCI: Breakout Level turns into a Potential Demand Zone

The monthly chart of Transport Corporation of India  (TCI) presents an interesting long-term structure. The stock had spent a considerable period below the Rs.858 level, before breaking decisively above it. This level is now being tested from the other side.

Source: TradePoint, Definedge

This is a classic technical principle: old resistance can become new support.

Interestingly, the 50-month exponential moving average, or 50MEMA, is rising steadily. A moving average simply smoothens price movements and helps investors identify the underlying trend. When the average itself is rising and price remains above it, the long-term trend is generally considered healthier.

The recent price action shows consolidation around the Rs.858-910 zone rather than a sharp rejection. That is constructive. If TCI sustains above 858 and subsequently moves above the recent consolidation zone, the stock could attempt to revisit its previous highs around the Rs.1,100-1,170 zone.

For investors, Rs.858 becomes the important technical line in the sand. Sustaining above it keeps the bullish structure intact; a decisive move back below it would weaken the setup.

RITCO: The Base and Reversal Pattern

 Ritco's weekly chart arguably offers the most visually compelling setup. The stock has formed an inverse Head-and-Shoulders pattern, one of the better-known bullish reversal formations.

Source: TradePoint, Definedge

Think of the pattern as a market making three attempts to fall. The middle attempt – the “head” which goes deepest, while the two surrounding attempts – the “shoulders” are shallower. When the stock finally crosses the common resistance line, known as the neckline, it indicates that sellers have lost control.

RITCO has now moved above the neckline near the Rs.290 zone and is trading around Rs.318. This is important because the breakout is not merely an intraday move; it has occurred on the weekly chart, giving the signal greater significance.

The classical target for an inverse Head-and-Shoulders is calculated by measuring the distance between the head and neckline and adding it to the breakout point. On the chart, that points towards the potential zone of Rs.390-400, although technical targets are projections, not guarantees.

A healthy retest of the neckline followed by renewed buying would strengthen the bullish case.

Aegis Logistics: Waiting for the Follow-Through Breakout

 Aegis Logistics presents a different picture. Its 3×3 Point & Figure chart shows a strong long-term upward structure, with price currently around Rs.1,397 and approaching the important Rs.1,481 resistance.

Point & Figure charts filter out much of the market noise and concentrate on meaningful price movements. The repeated X-columns indicate periods of demand, while O-columns represent supply.

Source: TradePoint, Definedge

Aegis has already established a series of higher price zones, but the crucial technical event would be a decisive breakout above Rs.1,481. Such a move would take the stock into fresh territory on the chart and could signal renewed momentum.

Until that happens, investors should treat Rs.1,481 as the trigger rather than assuming the breakout in advance.

Are You Adding these 3 Logistics Stocks to Your Watchlist?

The three charts therefore offer three different stages of a potential bullish cycle. TCI is defending a major breakout zone, RITCO has already broken out of a classical reversal pattern, while Aegis is approaching a major resistance breakout.

The fundamental backdrop also provides support to the technical story. Indian Railways reported freight loading of 1,670 million tonnes in FY2026, up from 1,098 million tonnes in FY2014-15, highlighting the structural expansion of India’s freight ecosystem.

At present, the technical evidence across TCI, RITCO and Aegis Logistics points towards a probable bullish phase, but confirmation and disciplined risk management will determine whether that probability turns into a sustained trend.

Written by Mr Brijesh Bhatia 

Source: FinancialExpress

Disclaimer:

Note: The purpose of this article is only to share interesting charts, data points and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, you are strongly advised to consult your advisor. This article is strictly for educative purposes only.

24/08/26, GMR Airports Ltd

GMR Airports Ltd., the main competitor to Adani Group's airports operator, is planning to spend as much as Rs 19,400 crore ($2 billion) to expand its New Delhi and Hyderabad facilities, a sign of bullish expectations for India's aviation market over the coming decade.

The investments, spread over the next five to seven years, are aimed at boosting capacity and modernizing infrastructure to keep pace with rapidly rising passenger volumes, Saurabh Chawla, company's executive director for finance and strategy said in an interview.

The plans come as demand is surging in the world's third-largest domestic aviation market, trailing only the US and China. India's flier traffic is projected to grow six-fold to around 1.1 billion passengers over the next 14 years, while its commercial airline fleet is seen increasing from 400 planes as of 2014 to more than 2,350 aircraft by 2040, according to government estimates.

The company is earmarking about Rs 13,800 crore for Rajiv Gandhi International Airport in the southern industrial hub of Hyderabad and as much as Rs 5,600 crore for the New Delhi airport, Chawla said. The investments will be funded by a mix of debt and equity by the respective airport ventures and not directly tied to GMR Airports, which is the holding company.

Once completed, Hyderabad's upgraded airport will be able to accommodate about 80 million passengers, or more than double its current annual volume of 34 million fliers.

GMR Airports is India's largest airport operator by number of fliers annually while rival Adani Airport Holdings Ltd. is the biggest by number of airports. The Adani conglomerate is looking to invest $15 billion to boost passenger capacity at its aviation facilities over the next five years, Bloomberg News reported in December.

Build-Outs

Chawla said the build-outs in New Delhi and Hyderabad may be just the beginning of a modernization drive at GMR Airports, whose portfolio includes six airports in India, one in the Philippines and another under construction in Greece.

“Investment plans for the new airport at Nagpur, just taken over in June 2026, are under discussions,” he said.

GMR Airports, in which France's Aeroports de Paris SA owns 26.5%, will focus on bidding for local airport projects that the Indian government plans to sell, Chawla said, adding that no discussions are underway involving redevelopment of overseas airport projects.

The senior executive also said the Hyderabad-based GMR Group isn't keen to enter the airline business, even if the Indian government tweaks the rules to permit such a move.

India is discussing a policy change that would allow airport operators to run airlines, Bloomberg reported last month. The government wants to boost competition given that two airlines — IndiGo and Air India — control nearly 90% of the local market.

“We're not interested,” Chawla said, explaining the group wants to stay focused on its core airport business and related operations such as aircraft maintenance and real estate development around its aviation facilities.

Report by Bloomberg 

24/08/26, INDEX LEVELS

21/08/26, FinancialMarket REPORT

Indian benchmark indices Sensex and Nifty are likely to open largely flat on Friday, with GIFT Nifty indicating only marginal gains after the Nifty snapped a seven-session losing streak in the previous session. Renewed pressure in global bond markets and crude oil prices near one-month highs could temper sentiment, even as Asian equities traded mixed and US stock futures edged higher.

GIFT Nifty was trading at 24,322.5 around 7:45 am, up 25 points, or 0.10 percent. Indian equities staged a strong rebound yesterday as easing US Treasury yields briefly improved global risk appetite. The Sensex climbed 628.04 points, or 0.82 percent, to 77,537.72, while the Nifty gained 153.55 points, or 0.64 percent, to 24,231.85.

However, the global backdrop turned less supportive overnight as US Treasury yields resumed their ascent and crude oil climbed to a one-month high amid fading hopes of a resolution to the US-Iran standoff.

US bond yields resume rise, drag Wall Street

Stress in global bond markets remained one of the key risks for equities on Friday after the relief triggered by the US Treasury's intervention earlier this week proved short-lived. The US 30-year Treasury yield climbed back to around 5.25 percent, while the 10-year yield touched 4.71 percent. Higher bond yields tend to weigh on equity valuations and can also make emerging-market assets relatively less attractive to foreign investors. The renewed rise in yields weighed on Wall Street overnight. The Dow Jones Industrial Average dropped 703.84 points, or 1.32 percent, to 52,759.21, while the S&P 500 declined 0.87 percent to 7,641.16 and the Nasdaq Composite fell 1 percent to 26,067.17.

Disappointing results from retail bellwether Walmart also hurt sentiment, while higher crude oil prices revived concerns over inflation.

US equity futures offered a slightly more positive cue on Friday morning, with S&P 500 futures up 0.1 percent and Nasdaq futures gaining 0.2 percent.

Asian markets mixed amid bond-market concerns

Asian markets were mixed on Friday, with several major indices heading towards weekly losses as investors grappled with elevated global yields. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5 percent, while South Korean and Taiwanese equities edged higher. Japan's Nikkei, however, fell 0.8 percent and was on course for a weekly decline of more than 4 percent.

Brent near $93 as US-Iran tensions persist

Crude oil remained another major concern for domestic investors as the diplomatic impasse in the Gulf pushed prices to their highest levels in about a month. Brent crude earlier touched $94.71 a barrel before easing on profit booking. Futures were last down 0.7 percent at $93.12 a barrel, but remained more than 5 percent higher for the week. US crude eased 0.7 percent to $86.18 a barrel.

Oil prices have been supported by diminishing hopes of an agreement that would fully reopen the Strait of Hormuz after US Treasury Secretary Scott Bessent said Washington would impose the "toughest sanctions in history" on Iran.

Nifty technical outlook: 24,265 key for further recovery

Bajaj Broking said a sustained move above 24,265 could extend the Nifty's recovery towards 24,400, while failure to cross this level could keep it consolidating around 24,000-24,250. The brokerage sees stronger support at 24,000-23,800 and expects the index to remain within a broader 24,000-24,600 range.

Domestic institutional investors continued to provide support to Indian equities on Thursday, purchasing shares worth Rs 3,537 crore. Foreign institutional investors, however, turned net sellers and offloaded equities worth Rs 583 crore. Foreign flows will remain in focus as rising US Treasury yields could potentially increase the relative attractiveness of dollar assets.

Report by Shaleen Agrawal 

Source: Network18 

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Disclaimer: The views and investment tips expressed by experts are their own and not those of us. We advises traders to check with certified experts before taking any investment decisions.

21/08/26, Results Today: Innova Captab, Flexituff Ventures International, and Octavius Plantations will release their quarterly earnings today.

 

👉Results Today on August 22

Heranba Industries, and Leading Leasing Finance and Investment Company will announce their quarterly results on August 22.

Quarterly Earnings: 

Manipal Health Enterprises Q1 (Consolidated YoY)

Profit falls 7.5% to Rs 231.65 crore Vs Rs 250.37 crore

Revenue grows 38.1% to Rs 3,090.6 crore Vs Rs 2,237.6 crore

👉Stocks to Watch

Amagi Media Labs

Trudy Holdings, AVP I Fund and Accel are likely to sell a combined 5% stake in Amagi Media Labs through a block deal worth around Rs 600 crore, with a floor price of Rs 550 per share, CNBC-TV18 reported, quoting sources.

Saatvik Green Energy

The company's subsidiary, Saatvik Solar Industries, has received an order worth Rs 190 crore from a renowned independent power producer/EPC player for the supply of solar photovoltaic modules.

Torrent Power

Saurabh Mashruwala has resigned as Chief Financial Officer and Whole-Time Key Managerial Personnel of the company, effective August 20, 2026, due to his planned retirement.

The Board, however, approved the appointment of Vikas Poddar as Chief Financial Officer and Whole-Time Key Managerial Personnel and Senior Management Personnel of the company, effective August 21.

Krishna Institute of Medical Sciences

Krishna Institute of Medical Sciences (KIMS) has entered into an Operations and Management Agreement with Aurevia Hospitals (AHPL) for an initial term of five years, with an extension for a further five years on an exclusive basis, to run, manage, operate, direct and control Arete Hospitals.

KIMS has agreed to provide medical services at Arete and has also entered into a Call Option Agreement with AHPL. The agreement will give KIMS an option, but not an obligation, to acquire the business if found suitable, subject to such terms and conditions and at such price as may be set out in the definitive documents.

RailTel Corporation of India

RailTel Corporation has received a work order worth Rs 164.78 crore from Western Coalfields for the establishment of an MPLS VPN network on a rental basis for a period of 60 months.

Lemon Tree Hotels

Lemon Tree Hotels has announced the opening of a new 85-room hotel property, Lemon Tree Hotel in Bharuch, marking the group's 12th operational hotel in Gujarat. The hotel is managed by its subsidiary, Carnation Hotels.

Rallis India

Bhaskar Swaminathan will resign as Chief Financial Officer of Rallis India, effective November 4, 2026, to join another Tata Group company.

The Board has appointed Sridhar Radhakrishnan as Chief Financial Officer of the company, effective November 4.

InterGlobe Aviation

IndiGo dominated the domestic aviation market with a 67.4% market share in July, carrying 80.82 lakh passengers during the month.

Hindustan Aeronautics

Infotech HAL, a joint venture between Hindustan Aeronautics and its partner, has been dissolved by the National Company Law Tribunal (NCLT), Bengaluru.

Hindustan Aeronautics held a 50% stake in Infotech HAL.

Bulk & Block Deals

Kfin Technologies

General Atlantic Singapore Fund Pte, an affiliate of global private equity firm General Atlantic, sold 1.51 crore equity shares, representing an 8.75% stake in KFin Technologies, for Rs 1,400 crore at a price of Rs 925 per share.

The entire stake was picked up by 12 global and domestic investors, including Invesco Mutual Fund, Mirae Asset Mutual Fund, Kotak Mahindra Asset Management Company, HSBC Mutual Fund, Motilal Oswal Asset Management Company, Morgan Stanley Asia Singapore, Bandhan Mutual Fund, Citigroup Global Markets Singapore, Edelweiss Mutual Fund, Societe Generale, ICICI Lombard General Insurance and ICICI Prudential Life Insurance Company.

Pfizer

Sandeep Tandon-founded Quant Mutual Fund has acquired an additional 2.67 lakh shares worth Rs 131.25 crore in pharma company Pfizer, representing a 0.58% stake in its paid-up equity. The shares were purchased at Rs 4,899.97 apiece.

Quant Mutual Fund held a 2.22% stake in Pfizer as of the June 2026 shareholding pattern.

Amrutanjan Health Care

Pari Washington India Master Fund, managed by Pari Washington Company, has acquired 5.83 lakh shares, representing a 2.02% stake in Amrutanjan Health Care, for Rs 29.17 crore at a price of Rs 500 per share.

However, Envision India Fund sold 2.13 lakh shares in Amrutanjan Health Care at Rs 523.58 per share, valued at Rs 11.15 crore, while DSP Mutual Fund offloaded 5 lakh shares for Rs 25 crore at a price of Rs 500.01 per share. As of June 2026, DSP Mutual Fund held a 3.8% stake, or 10.98 lakh shares, in Amrutanjan Health Care.

Apollo Pipes

HR Global Manufacturing, which held 10 lakh shares, or a 2.27% stake, as of June 2026, sold 3.98 lakh shares, representing a 0.9% stake, in Apollo Pipes for Rs 23.5 crore at a price of Rs 589.86 per share.

Welspun Investments and Commercials

Lloyds Enterprises continued its buying interest in Welspun Investments & Commercials, picking up an additional 22,238 shares at Rs 1,851 per share, valued at Rs 4.11 crore. In the previous couple of sessions, Lloyds Enterprises had already acquired 1.27 lakh shares in Welspun Investments.

Credent Connect N Care

Motilal Oswal Financial Services has bought 2.98 lakh shares in healthcare services provider Credent Connect N Care for Rs 11.15 crore at a price of Rs 373.97 per share. OM Trading has also acquired 1 lakh shares at Rs 359.10 per share, amounting to Rs 3.59 crore.

Nxt-Infra Trust

Kotak Mahindra Bank and Larsen & Toubro each purchased 95.5 lakh units in Nxt-Infra Trust, an infrastructure investment trust, for Rs 89.62 crore at a price of Rs 93.85 per unit, from Actis Highway Infra

Source:Network18

20/08/26, Forget diamonds, sugar is turning out to be one of the most popular commodities being tracked now after the sharp price action recently.Particularly with the buzz about ethanol-blended petrol gaining traction and ex-factory realisations shooting up, sugar is gaining significant traction.

At a time when most sectors seem to be moving  at an unhurried pace, sugar stocks decided to throw a party of their own, and investors were more than happy to join in. What is usually seen as a slow, seasonal, unglamorous commodity space suddenly became the most talked-about corner of the market.

Sugar stocks extend rally

Bajaj Hindusthan Sugar was among the biggest movers, gaining around 9% in intraday trade. Dwarikesh Sugar Industries rose more than 6%.

Shares of Shree Renuka Sugars, Bannari Amman Sugars, DCM Shriram Industries and Dhampur Sugar Mills were trading 3-5% higher.

Triveni Engineering & Industries, Uttam Sugar Mills and Avadh Sugar & Energy also remained in demand, rising around 2-3% during the session.

Beyond sugar: The 36% margin “hidden gem” inside Triveni Engineering set for a 3:1 demerger

A quick look at the sugar sector stocks indicates that overall, many stocks have rallied as much as 20% or more in the last 1 month. This is after ex-factory sugar prices have risen to around Rs 5,300 per quintal, in Maharashtra. The price has reached around Rs 5,550-5,600 per quintal, if you add the current GST rates on them..

Why are sugar prices rising?

Financialexpress.com spoke to market experts to understand what is driving the sharp rally in sugar stocks, how higher sugar realisations could affect margins and which stocks investors should keep on their radar. 

According to Sunny Agrawal, Head of Fundamental Research at SBI Securities, the current rally is being driven by tighter demand and supply conditions. He noted, “Tightness in the demand-supply situation has led to firming up of sugar prices and this augurs well for all the sugar mills. Sugar millers will benefit on account of the recent surge in sugar prices as they are sitting on sugar stock at significantly lower cost (around Rs 37/Kg vs current ex-factory realisation of Rs 54-55/kg in UP & Rs 46/kg in Maharashtra).”

This is important for mills that are still holding inventory produced at lower costs.

If those stocks are sold at significantly higher prices, realisations can improve and provide a near-term boost to margins.

Sugar industry: Ethanol price impact 

There is another factor supporting sugar prices. Higher sugar exports and diversion of sugarcane towards ethanol production are expected to impact the demand -supply matrix. 

Sugar mills can use part of their sugarcane to produce ethanol instead of sugar. So, when cane is diverted towards ethanol, there are apprehensions about the actual sugar output .

Agrawal pointed to another benefit adding, “The surge in sugar prices will help them mitigate margin pressure in the ethanol division where there has been no price hike for the last 3 years.”

Ethanol is an important part of the sugar industry’s business. But stagnant ethanol prices have limited the ability of mills to offset rising costs.

The big sugar sector bets now

With the sector rallying, investors may naturally ask – which stocks stand out?

SBI’s Agrawal has three preferred names. He said, “Our preferred bets in the sugar segment will be Balrampur Chini, Trivenni and EID Parry.”

The analyst, however, also highlighted a key risk.

“The government has allowed limited duty-free import of 1 million tonnes of raw sugar to temper the rising sugar prices. Investors should note that any government intervention can lead to correction in sugar prices and hence pursuant correction in the stock prices of sugar cos. Hence, one should adhere to proper SL,” said Agrawal.

The concern, however, is whether we are seeing a structural change in the fundamentals of the sugar industry. Poonam Upadhyay, Director at Crisil Ratings, said the recent jump in sugar prices is largely linked to tightening inventories ahead of the next crushing season.

“The recent spike in sugar prices reflects tightening inventories ahead of the next crushing season rather than a structural shift in market fundamentals. While mills holding inventory stand to benefit from higher realisations in the near term, the gain is likely to be transient and confined to the period before fresh season supplies reach the market,” added Upadhyay.

Upadhyay further noted, “The current rally is expected to provide only a temporary lift to operating margins, with benefit likely to moderate as supply conditions ease.”

That makes the next crushing season crucial.

Government may allow duty-free sugar imports

According to sources cited in a Financial Express report, the government is considering limited duty-free sugar imports to prevent a sharp rise in prices ahead of the festive season, when demand typically increases between August and November. It is also looking at measures to limit stocks held by bulk traders and improve inventory checks.

 Higher imports could increase domestic availability and put pressure on sugar prices, which may limit the benefit mills are currently getting from higher realisations. The government has also imposed stock limits on sugar dealers until November 30 to curb hoarding and speculative trading.

Report by Olivia Kunjumoon

Source: Financial Express

20/08/26, INDEX LEVELS

 

20/08/26, Market Analysis information by Mr Sunil Sankar Matkar

Rakesh Patil: Indian benchmark indices are likely see a strong opening on August 20, tracking GIFT Nifty, which was trading higher at around 24,222 in early trade.

Indian benchmark indices extended their losing streak on August 19 as investors remained concerned over elevated crude oil prices, higher global bond yields and persistent global uncertainty.

The indices opened lower and extended their losses, with the Nifty and Sensex slipping below 24,050 and 77,000, respectively, amid broad-based selling, particularly in defence and energy stocks. However, Information Technology stocks outperformed, limiting the overall decline.

Considering that the index is trading below all key moving averages and momentum indicators are weakening, the market structure remains weak. However, in case the benchmark Nifty 50 rebounds after a seven-day fall, the sustainability of those gains will be key to watch. The 24,200 level is expected to act as immediate resistance, as only a sustained move above it could open the door for further upside. However, a sustained move below 24,200 could keep the market in a consolidative phase, with immediate support at 24,000 followed by 23,900-23,800 as next support. Meanwhile, the Bank Nifty may rebound towards 57,500, its 20-day EMA. A sustained move above this level could pave the way for a move towards 57,900-58,000. On the downside, support is placed at 57,000-56,900, followed by 56,600, according to experts.

On August 19, the Nifty 50 declined 77 points, or 0.32 percent, to 24,078, while the Bank Nifty slipped 23 points, or 0.04 percent, to 57,240. Bearish dominance was maintained in the market, with about 2,006 shares under pressure compared with 1,071 shares that advanced on the NSE.

Nifty Outlook and Strategy

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

The Nifty has extended its gradual decline over the past few trading sessions. The index has largely been forming small-bodied candles and has remained range-bound during most trading sessions, reflecting a lack of directional conviction. A noteworthy observation is that over the last 12 trading sessions, the index has consistently failed to surpass the previous session's high, highlighting persistent selling pressure at higher levels.

From a technical perspective, the index continues to trade comfortably below its key short-term and long-term moving averages. Both the 20-day and 50-day EMAs have started to trend lower, reinforcing the weakening market structure. Additionally, the daily RSI is on the verge of slipping below the 40 mark and remains in a declining trajectory, indicating a pickup in bearish momentum.

Going forward, the 23,950-23,900 zone is likely to act as a critical support area, as an upward-sloping trendline is positioned in this region. A decisive breach below 23,900 could accelerate the downside move towards the next important support zone of 23,650-23,600, which coincides with the previous swing low.

On the upside, the 24,180-24,220 range is expected to serve as a significant resistance zone, as it represents the confluence of the 50-day and 100-day EMAs. A sustained move above this hurdle would be required to improve the near-term technical outlook.

Key Resistance: 24,180, 24,220

Key Support: 23,950, 23,900

Strategy: Buy Nifty Futures between 24,030-24,130, with a stop-loss of 23,850, and target of 24,250.

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty found support near the lower band of the rising channel. Besides, the index has filled a gap on the daily timeframe. The 61.80 percent Fibonacci retracement level also coincided with this support zone, where the index made a low. Immediate support is placed at 24,000–24,050, and as long as this zone holds, the Nifty may witness a meaningful recovery.

However, a sustained move below 24,000 could increase bearish pressure and drag the index towards much lower levels. Therefore, long positions should be held with a strict stop-loss at 24,000.

Key Resistance: 24,200, 24,350

Key Support; 24,000, 23,800

Strategy: Buy Nifty 24,200CE of August 25 expiry above Rs 80, with a stop-loss of Rs 54, and target of Rs 115.

Vaishali Patel, Senior Manager - Research- Technical Department at Jainam

Nifty 50 remains under short-term pressure after facing resistance near the 24,800 zone and slipping below its 10-day and 20-day moving averages. The recent correction has weakened momentum, with RSI falling below the neutral 50 mark. However, the broader structure continues to show resilience as the index is still maintaining a higher-low formation and trading above its rising trendline support.

Notably, the RSI is developing a Positive Reversal, where price has formed a higher low while RSI has registered a lower low, a pattern often associated with trend continuation rather than trend reversal.

The immediate support is placed at 23,900-23,800, which remains a crucial level for the bulls. A sustained hold above this zone could trigger a rebound towards 24,300-24,400. On the upside, 24,800 remains the key hurdle for a revival of bullish momentum. A breach of 23,600, however, could accelerate selling pressure towards 23,300 and lower levels. Overall, the bias remains short-term corrective but medium-term cautiously bullish as long as 23,800-23600 holds.

Key Resistance: 24,400, 24,500

Key Support: 23,800, 23,600

Strategy: Buy Nifty Futures above 24,200, with a stop-loss of 24,040, targeting 24,370.

Bank Nifty - Outlook and Positioning

Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities

The Bank Nifty has continued to outperform the broader benchmark indices on a relative basis. However, the index has been consolidating within a narrow range over the past few trading sessions, indicating a lack of strong directional momentum. Owing to this prolonged consolidation, most of the key moving averages have flattened out, reflecting the absence of a clear trend.

Similarly, momentum indicators and oscillators are also portraying a neutral to sideways bias. Notably, the daily RSI has remained range-bound for nearly the last 30 trading sessions, highlighting the ongoing equilibrium between bulls and bears.

Going forward, the 56,700-56,600 zone, which coincides with the 200-day EMA, is expected to act as a crucial support area for the index. As long as this level holds, the broader structure is likely to remain stable. On the upside, the 57,700-57,800 range is likely to act as a significant resistance zone and may cap immediate advances.

A decisive breakout above 57,800 or a breakdown below 56,600 is likely to provide the next directional trigger, paving the way for a meaningful trending move in the index. Until then, the index is expected to remain in a consolidation phase within the prevailing range.

Key Resistance: 57,700, 57,800

Key Support: 56,700, 56,600

Strategy: Buy Bank Nifty Futures between 57,200-57,400, with a stop-loss of 56,700, and target of 58,000.

Rupak De, Senior Technical Analyst at LKP Securities

Bank Nifty continues to witness downward consolidation as the big boys in the space attract selling pressure. Although the actual fall was limited, overall sluggishness prevailed. Generally, this type of downward consolidation tends to end with an upward breakout in most cases. However, a further fall from the current level cannot be ruled out. Support remains at 57,000, and a decisive break below this level might trigger further weakness. On the higher end, resistance is placed at 57,650. A breakout above this level might induce a strong uptrend.

Key Resistance: 57,650

Key Support: 57,000

Strategy: Buy Bank Nifty 57,500 CE of August expiry above Rs 300, with a stop-loss of Rs 239, and target of Rs 430.

Vaishali Patel, Senior Manager - Research- Technical Department at Jainam

Bank Nifty continues to trade in a consolidation phase after failing to sustain above the 58,300-58,600 resistance zone. The index closed near 57,240, slipping below its short-term moving averages and indicating a lack of immediate bullish momentum. Price action shows a series of lower highs over the past few weeks, suggesting supply is emerging at higher levels.

However, the broader trend remains constructive as the index continues to hold above the rising trendline drawn from the April lows. The 57,000-56,700 zone is a crucial support area, coinciding with the trendline and previous breakout levels.

The RSI has drifted below the 50 mark, reflecting short-term weakness, but there is no sign of a major breakdown yet. A sustained move above 58,000 could revive buying interest and lead to a retest of 58,500-58,600. On the downside, a breach of 56,800 may trigger profit booking towards 56,000-55,500. Overall, Bank Nifty remains range-bound with a mildly positive medium-term bias as long as the 56,800 support zone remains intact.

Key Resistance: 57,800, 58,300

Key Support: 57,000, 56,700

Strategy: Buy Bank Nifty futures above 57,500, with a stop-loss of 56,900, and target of 58,200.

Source: Network18 

Disclaimer: The views and investment tips expressed by experts are their own and not those of us. We advises users to check with certified experts before taking any investment decisions

20/08/26, Today's Market

 Indian benchmark indices Sensex and Nifty are likely to open with strong gains on Thursday, with GIFT Nifty pointing to a positive start, after six sessions of continued losses for the domestic markets. A rebound across Asian equities and easing US bond yields are providing a more supportive global backdrop, although Brent crude hovering near $92 a barrel remains a key risk for Indian markets.

GIFT Nifty was trading at 24,230 around 7:50 am, up 140 points, or 0.58 percent. The positive indication comes after Indian equities remained under pressure on Wednesday amid elevated crude oil prices, higher global bond yields and persistent global uncertainty. The Sensex fell 325.78 points, or 0.42 percent, to 76,909.68, while the Nifty declined 76.60 points, or 0.32 percent, to 24,078.30.

Asian markets rebound, Wall Street snaps losing streak as bond yields ease

Asian equities rallied on Thursday, recovering from two sessions of losses as a decline in bond yields improved appetite for risk assets. The improvement in sentiment came as US plans to buy back longer-dated Treasuries helped ease borrowing costs. The dollar steadied after falling to a three-month low