Stock Market Highlights: Nifty50 Extends Losing Streak For 6th Day; Sensex Down 493 Points, IT Stocks Drag
Nifty Realty fell 1.16%, while Nifty IT declined 1.04%. Nifty Auto rose 0.48% and Nifty India Defence gained 0.46%, leading sectoral advances.
Stock Market Highlights: Indian benchmark indices ended lower on Tuesday, extending their losing run amid weakness in IT and Realty stocks.
The BSE Sensex settled at 77,235.46, down 492.70 points, or 0.63%. Meanwhile, the Nifty50 extended its decline for the sixth straight session, its longest losing streak since September 30, 2025. The index settled at 24,154.90, down 0.55% or 132.75 points.
IT stocks emerged as the top drag on the benchmarks, while weakness in Realty stocks also weighed on overall market sentiment.
Asian markets ended mixed on Tuesday, with Japanese equities leading losses as the Nikkei 225 plunged 2.5% or 1,759.52 points to close at 67,460.73. Australia's ASX 200 was little changed, ending 0.04% lower at 9,070.
In contrast, Chinese markets outperformed, with the Shanghai Composite rising 0.19% to 3,990.30, while Hong Kong's Hang Seng Index edged up 0.07% to 25,471.15. The region reflected a cautious mood overall, with weakness in Japan offset by modest gains across Greater China markets.
This came amid uncertainty over the US-Iran conflict increased after President Donald Trump said he was not willing to extend the 60-day agreement with Tehran that had underpinned a fragile ceasefire between the two countries. Trump also threatened Oman with military action.
Trump said informal discussions were taking place with Iran's Revolutionary Guard but signalled that he was in no rush to reach a settlement. He told Fox News that Iran was playing a strong negotiating game but was under severe pressure.
Oil prices climbed for a third consecutive session as expectations of a quick resolution to the conflict weakened. Brent crude moved above $91 a barrel after ending the previous session at its highest level since late July. West Texas Intermediate traded near $85.
The memorandum referenced by Trump was signed in June and formally expired on Monday, adding uncertainty over the next phase of the US-Iran conflict.
Wall Street offered a weaker lead after the major US benchmarks started the week lower. The Dow Jones Industrial Average and S&P 500 each declined 0.5%, while the Nasdaq Composite fell 0.3%.
US stock futures were largely subdued in early Asian trading. Dow futures fell 25 points, while S&P 500 futures and Nasdaq-100 futures were marginally lower.
Higher crude prices have also increased pressure on the inflation outlook. Treasury yields rose during the previous US session as investors assessed the potential impact of more expensive energy on monetary policy.
Asian investors will now track developments between Washington and Tehran alongside oil prices, with the direction of the conflict likely to remain a key influence on regional risk appetite.
Stock Market Live: PCBL Chemical Gets Government Approval Under ECMS For Rs 329 Crore Investment
- PCBL Chemical has received government approval under the Electronics Components Manufacturing Scheme (ECMS) for an investment of Rs 329 crore, according to an exchange filing.
- The approval is expected to support the company's expansion plans in the electronics components manufacturing ecosystem.
- ECMS is aimed at boosting domestic manufacturing capabilities and strengthening India's electronics supply chain.
- The investment is expected to contribute to capacity creation, technology development and local value addition in the sector.
- The company disclosed the development through a regulatory filing.
Stock Market Live: Advait Energy Arm Bags Rs 116 Crore Solar Project Order From KPI Green Energy
- Advait Energy Transitions said its subsidiary Advait Greenergy has secured an order worth Rs 116 crore from KPI Green Energy, according to an exchange filing.
- The contract is for the execution of a turnkey solar power project in Rajasthan.
- The order strengthens Advait Greenergy's order book and enhances revenue visibility in the renewable energy segment.
- The turnkey mandate underscores the company's growing presence in solar EPC and clean energy infrastructure projects.
- The development comes amid continued momentum in utility-scale solar installations and renewable energy investments across India.
Stock Market Live: Torrent Gas Said To Prepare Updated IPO Filing; May Raise Up $418 Million
- Torrent Gas Ltd. is preparing to file updated draft papers for its initial public offering and could raise up to $418 million, according to a Reuters report citing sources.
- The proposed IPO is expected to help the city gas distribution company tap capital markets amid ongoing expansion of its gas network and infrastructure footprint.
- Torrent Gas operates in the city gas distribution (CGD) segment, supplying CNG and piped natural gas (PNG) across multiple geographical areas in India.
- Torrent Gas is part of the Torrent Group, which has interests across pharmaceuticals, power and gas distribution.
Source: Reuters
Stock Market Live: International Gemmological Institute Declares First Interim Dividend Of Rs 2.55 Per Share
- International Gemmological Institute (IGI) has declared its first interim dividend of Rs 2.55 per equity share, according to an exchange filing.
- The company's board has fixed Aug. 24, 2026 as the record date to determine the eligibility of shareholders for the interim dividend.
- Shareholders holding the stock as of the record date will be entitled to receive the dividend, subject to applicable regulations.
- The dividend announcement reflects the company's commitment to returning value to shareholders.
Stock Market Live: Tata Sons AGM Called Off Due To Lack Of Quorum; Linked To SRTT Ban Issue
- Tata Sons' Annual General Meeting (AGM) has been called off due to lack of quorum, sources told NDTV Profit.
- The absence of quorum is linked to developments surrounding the Sir Ratan Tata Trust (SRTT) and actions by the Charity Commission, sources said.
- New date for the AGM to be informed later
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Sources indicated that the quorum issue arose due to restrictions related to the Sir Ratan Tata Trust (SRTT).
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SRTT is one of the key Tata Trusts and an important shareholder in Tata Sons.
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The development comes at a time when Tata Group entities are also preparing for a leadership transition after N. Chandrasekaran's decision not to seek reappointment as Tata Sons Chairman beyond February 2027.
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Investors and stakeholders will watch for further clarity from Tata Sons and the Tata Trusts regarding the AGM timeline and governance-related developments.
Key Details
Stock Market Live: ONGC Clarifies Venezuela Operations; Says It Secured US Approval In July 2026
- ONGC has clarified reports regarding a US licence for its Venezuela operations, according to an exchange filing.
- The company said it had obtained the required go-ahead from the US government in July 2026.
- The clarification comes amid investor focus on regulatory permissions related to operations and investments in Venezuela.
- ONGC's statement indicates that the necessary approvals are already in place for its activities linked to the country.
- The company disclosed the clarification through a regulatory filing.
Stock Market Today: Sunshine Pictures vs Shankesh Jewellers IPO GMP — Which IPO Offers Better Listing Gains?
Sunshine Pictures IPO is currently the stronger listing-gain candidate of the two, based on the latest grey market premium (GMP), with an implied listing gain of around 21%. Shankesh Jewellers follows with a potential listing gain of 2%.
Stock Market Live: Jubilant Ingrevia, Godrej Agrovet, Among Top Picks In Specialty Chemicals Sector By Kotak
The Q1 results of Specialty Chemicals sector has turned out as another quarter with windfall benefits arising for several producers of chemical intermediates amid war-related price inflation, even as agrochemical companies faced the heat from El Nino-led weather disruptions, said Kotak Institutional Equities.
It believes fortuitous gains will mostly fade next quarter, while demand destruction remains a key concern.
The brokerage firm continues to prefer cheaper names with a favorable risk-reward. Its preferred picks are Jubilant Ingrevia, Godrej Agrovet, S H Kelkar And Company and Clean Science and Technology, each offering healthy earnings growth potential at reasonable valuations.
Stock Market Live: AI Headwinds To Hit IT Sector Topline, Says ICICI Securities; Mphasis, Coforge Among Mid-cap IT Stock Picks
Indian IT services companies are expected to see top-line growth headwinds in the medium-term, stemming from Artificial Intelligence (AI)-led deflation, exacerbated by macro volatility, according to ICICI Securities.
The brokerage firm noted that its primary research suggests that AI-led productivity gains are materially compressing turnaround times and easing human effort across service lines.
IT companies even profess 50–60% productivity gains in certain areas over 3–5- years of deal tenure. With agentic AI adoption gathering pace, this trend has accentuated in the last 3–4 months, it noted.
Stock Market Live: Highway Infrastructure Shares Surge 5% On Order Win
Highway Infrastructure share price rose more than 5%, after the company received a Letter of Acceptance worth Rs 80.17 crore from the National Highways Authority of India (NHAI).
The order received by the company relates to the operation and collection of user fees at the Palayam Fee Plaza in Tamil Nadu. NHAI issued the Letter of Acceptance on August 17, 2026, for a contract valued at Rs 80,16,99,930, as per the regulatory filing.
Stock Market Live: Defence Stocks Jump Up To 8% As MoD Notifies Sixth Positive Indigenisation List Of 405 Items
Paras Defence and Space Technologies, Zen Technologies, AXISCADES Technologies, Dynamatic Technologies, among other defence stocks rallied up to 8% after the Department of Defence Production, Ministry of Defence, notified the sixth Positive Indigenisation List (PIL) comprising 405 strategically important items with an estimated business potential of Rs 3,070 crore.
The list contains Line Replaceable Units, sub-systems, sub-assemblies, spares, components and raw materials. These include 16 items of the Indian Coast Guard (ICG) and 389 items of Defence Public Sector Undertakings (DPSUs).
Stock Market Live: Lalithaa Jewellery IPO Subscribed 1.88 Times On Day 2
- Lalithaa Jewellery IPO was subscribed 1.88 times as of 1:48 PM on Day 2 of the issue.
- The IPO has seen healthy investor participation midway through the second day of bidding.
- Demand across investor categories will be closely monitored as the issue progresses towards closure.
- Subscription momentum on Day 2 indicates sustained interest from investors in the public offering.
Stock Market Live: JG Chemicals Share Price Jumps Over 6% After Q1 Results
JG Chemicals share price jumped over 6% after the company reported its Q1 results. The stock rallied as much as 6.51% to Rs 641.70 apiece on the BSE.
Watch Varsha Chandnani decodes the Q1 numbers.
JG Chemicals is in focus on the back of Q1FY27 earnings.
— NDTV Profit News (@NDTVProfit) August 18, 2026
Watch Varsha Chandnani decodes the Q1 numbers. pic.twitter.com/5WQFKDXV8L
Stock Market Live: Sunshine Pictures IPO Subscribed 2.32 Times On Day 1; Retail Portion Sees Strong Demand
- Sunshine Pictures IPO was subscribed 2.32 times as of 1:42 PM on Day 1 of bidding.
- The retail investor portion was subscribed 3.46 times, indicating strong participation from individual investors.
- The Non-Institutional Investor (NII) category was subscribed 2.76 times.
- The healthy subscription levels on the first day suggest robust investor interest in the issue across key investor categories.
- Market participants will continue to track institutional demand and overall subscription trends as the issue progresses.
Stock Market Live: Shankesh Jewellers IPO Subscribed 0.21 Times On Day 1
- Shankesh Jewellers IPO was subscribed 0.21 times as of 1:45 PM on Day 1 of the issue.
- The IPO is currently seeing relatively muted investor participation in the early hours of bidding.
- Subscription levels are expected to evolve as institutional, non-institutional and retail investors continue to place bids over the remaining period of the issue.
- Market participants will closely monitor demand trends across investor categories in the coming sessions.
Stock Market Live: Government Weighs Cutting Import Duty Of Sugar
Sugar stocks were in focus after a report said that the government was considering cutting its import duty on sugar to help curb domestic prices that recently climbed to a record.
Officials are weighing proposals to lower or scrap the 100% tax on inbound shipments to boost local supplies, Bloomberg reported.
Stock Market Live: Tube Investments Jumps 8% On Strong Outlook; Management Says Margin Pressure Temporary
Shares of Tube Investments of India gained around 8% after management struck a positive tone on demand, margins and growth prospects.
- The company said demand remains strong across its core engineering businesses, with volumes growing 17% during the quarter.
Margin Pressure Seen As Temporary
- Management said recent pressure on margins was largely due to steel inflation, which impacted both the Engineering and Metal Formed Products (MFP) businesses.
- Price recovery from customers typically comes with a 2-3 quarter lag, resulting in temporary under-recoveries.
- The company expects to fully recover the increase in steel costs, including the Q1 under-recovery.
- EBIT margins are expected to return to double-digit levels once cost recovery normalises.
Demand Outlook Remains Strong
- Management remains bullish on demand over the next one to two quarters.
- Exports posted double-digit growth and the momentum is expected to continue.
- Exports currently contribute about 14% of overall revenue.
- Geopolitical developments remain a key risk factor.
EV Business Past Peak Losses
- Management indicated that losses in the EV business have likely peaked.
- One EV business is expected to break even in FY27.
- Two additional EV businesses are expected to break even in FY28.
- EV volumes continue to show strong traction.
Growth Drivers
- The CDMO and Cycles businesses remain important long-term growth drivers.
- The company continues to invest in scaling these segments.
Capex Plans
- Standalone capex for FY27 is planned at around Rs 350 crore.
- Group capex, excluding CG Power, is expected at Rs 600-700 crore.
- Investments will be directed towards:
- Engineering
- MFP
- TI Medical
- CDMO businesses
Stock Market Live: Fractal Wins $17 Million AI Deal From US Healthcare Company
Fractal secured a multi-year artificial intelligence deal worth more than $17 million from a US healthcare company, Bloomberg reported.
Stock Market Live: David Roche Sees Brent Crude At $100–125 A Barrel
David Roche told NDTV Profit that Brent crude could trade between $100 and $125 a barrel as the US-Iran dispute continues. He said US President Donald Trump’s threat of military action against Oman was a concern.
Roche expects oil prices and inflation concerns to increase in September. He said El Niño could add to food price inflation.
Stock Market Live: Sunshine Pictures Rules Out Derisking Model, Plans Music Expansion
Vipul Amrutlal Shah of Sunshine Pictures told NDTV Profit that the company will not adopt a derisking model. The funds will support the expansion of its music business.
Shah said Sunshine Pictures has incurred a loss on one film in 16 years.
Stock Market Live: RBI Explores Longer-Lasting Banknotes, Says Cash Demand Remains A Challenge
RBI Deputy Governor M Rajeshwar Rao Murmu said the central bank is exploring coatings and polymer-based banknotes to improve durability and extend the life of currency notes.
Speaking at an event hosted by Bank Indonesia, Murmu said rising currency circulation continues to pose challenges for forecasting cash demand. He added that the RBI is working to reduce the carbon footprint of the cash cycle even as currency in circulation continues to increase.
Stock Market Live: Natco Pharma And Aurobindo Pharma Expand US Operations
Natco Pharma and Aurobindo Pharma are expanding their operations in the US, underlining India’s role in the market, according to the US Consulate in Mumbai.
Natco Pharma traded near Rs 896 after touching an intraday high of Rs 899.65. Aurobindo Pharma gained 0.54% to Rs 1,636.
Stock Market Live: Zydus Life Falls As Delhi High Court Blocks Dabrafenib Launch
The Delhi High Court barred Zydus Lifesciences from launching a product containing dabrafenib, a drug covered by a Novartis patent. The court granted relief to Novartis in its patent infringement plea.
Zydus Life shares fell 0.64% to Rs 1,124.30.
Stock Market Live: Adani Ports CEO Highlights Vizhinjam Port’s Role In Kerala
Ashwani Gupta, whole-time director and chief executive officer of Adani Ports and Special Economic Zone, said the Vizhinjam Port project reflects the support of the Kerala government and other stakeholders.
Gupta said the port, dedicated on May 2, 2025, holds national importance and forms part of Kerala’s development plans.
Stock Market Live: Piramal Pharma Rises After Increasing Yapan Bio Stake To 74%
Piramal Pharma completed the acquisition of 1.5 lakh shares in Yapan Bio for Rs 76 crore, according to an exchange filing. Its stake in the company increased to 74% from 33.3%.
Piramal Pharma shares gained 2.56% to Rs 209.98.
Stock Market Live: India Ratings Expects RBI To Hold Repo Rate In 2027
India Ratings expects the Reserve Bank of India to keep the repo rate unchanged in 2027, according to its FY27 economic outlook. It said liquidity would remain sufficient to meet credit requirements in the economy.
The agency noted that rural retail inflation has exceeded urban inflation since January. It added that services PMI fell below manufacturing PMI after the Middle East conflict.
Stock Market Live: Goldiam Wins Rs 50 Crore US Lab-Grown Diamond Jewellery Order
Goldiam International secured an order worth Rs 50 crore from the US for lab-grown diamond jewellery.
The stock traded near Rs 362 after moving between Rs 360.10 and Rs 372 during the session.
Stock Market Live: Milky Mist Secures Approval For 48.15-Acre Baramati Plant
Milky Mist has received approval for a new 48.15-acre plant in Baramati, Maharashtra, Sathishkumar T told NDTV Profit. The company plans further expansion and expects to announce more projects.
Sathishkumar said demand remains strong in western and northern India. He added that the FDA crackdown would help the sector and that Milky Mist is working with quick-commerce companies to maintain quality during last-mile delivery.
Stock Market Live: Milky Mist Aims To Sustain 30% Growth
Sathishkumar T of Milky Mist told NDTV Profit that the bootstrapped company is profitable and aims to sustain a 30% compound annual growth rate.
Paneer remains its main product. The company plans a greenfield project in Baramati and is seeing demand from western and northern markets.
Stock Market Live: MeitY And Meta Discuss Content Moderation, Algorithmic Bias
Sources said Meta is taking steps to improve content moderation and address the reappearance of flagged material. MeitY is also examining algorithmic bias and the usernames issue.
The government said online platforms must comply with Indian law to retain safe-harbour protection. Any final decision on such protection will depend on statutory conditions and court assessment.
Stock Market Live: Ceigall India JV Receives Four Road Project Orders Worth Rs 2,150 Crore
Ceigall India’s joint venture received four letters of acceptance worth Rs 2,150 crore from the Ministry of Road Transport and Highways, according to an exchange filing.
The stock fell 2.86% to Rs 306.90.
Stock Market Live: Acutaas Chemicals Rises After MeitY Approves ECMS Incentive
Acutaas Chemicals received approval from the Ministry of Electronics and Information Technology for an incentive package under the Electronics Component Manufacturing Scheme, according to an exchange filing.
The stock rose 2.87% to Rs 3,290.
Stock Market Live: Maruti Suzuki Fronx Exports Cross 2 Lakh Units
Maruti Suzuki said Fronx exports crossed 2 lakh units within 38 months. The company manufactures the SUV at its Hansalpur facility in Gujarat and exports it to nearly 90 countries, including Japan.
Maruti Suzuki shares rose 0.43% to Rs 13,819.
Stock Market Live: IndusInd Bank Joins Carbon Accounting Partnership
IndusInd Bank joined the Partnership for Carbon Accounting Financials to collaborate with financial institutions on measuring greenhouse gas emissions linked to financial activities, according to an exchange filing.
The stock rose 0.48% to Rs 1,015.50.
Stock Market Live: RateGain Falls 1.8% Despite Vietjet Qazaqstan Deal
RateGain Travel Technologies shares fell 1.8% to Rs 932.40. The company said Vietjet Qazaqstan selected AirGain, its airfare pricing intelligence platform, to support its pricing strategy, according to an exchange filing.
Stock Market Live: Market Derivatives Activity Shows Sharp OI Build-Up
The derivatives dashboard shows a broad increase in open interest across the major indices since the last expiry. Nifty total OI is up 217.26%, Bank Nifty 106.55%, Nifty Mid Select 152.76% and Nifty Fin Service 1,263.73%.
Stock Market Live: Coforge And Oberoi Realty Feature In Fresh Shorts
Coforge and Oberoi Realty are among the stocks showing falling futures prices with higher OI. Coforge futures are down 1.07% with OI up 21.75%, while Oberoi Realty futures are down 1.59% with OI up 27.91%. This suggests fresh short positions.
Stock Market Live: DLF, Britannia See Fresh Short Positions
DLF and Britannia feature in the fresh-shorts bucket. Their futures prices have declined 1.77% and 0.73%, while OI has increased 35.14% and 29.54%, respectively. This suggests fresh short positions.
Stock Market Live: KFin Technologies OI Up 40.31% As Futures Price Falls 2.67%
KFin Technologies has seen open interest increase 40.31% while its futures price has declined 2.67%. The stock features in the fresh-shorts bucket, suggesting fresh short positions.
Stock Market Live: Colgate Palmolive OI Rises 61.18% As Futures Fall 2.93%
Colgate-Palmolive futures have declined 2.93%, while open interest has increased 61.18% in the fresh-shorts bucket. This suggests fresh short positions.
Stock Market Live: Jubilant FoodWorks OI Jumps 370.69% As Futures Fall 1.33%
Jubilant FoodWorks features in the fresh-shorts bucket, with OI rising 370.69% as its futures price declines 1.33%. This suggests fresh short positions.
Stock Market Live: Nykaa Leads Fresh Shorts With OI Up 3,180.85%
Nykaa has recorded a 3,180.85% increase in open interest in the fresh-shorts bucket, while its futures price has declined 1.00%. This suggests fresh short positions.
Stock Market Live: Torrent Pharma Leads Short Covering With OI Down 0.64%
Torrent Pharma futures have gained 1.11%, while open interest has declined 0.64%. The stock features in the short-covering bucket, indicating short covering.
Stock Market Live: Alkеm, Dixon Tech Show Short Covering
Alkem and Dixon Technologies feature in the short-covering screen. Their futures prices have risen 1.67% and 1.01%, while OI has declined 0.30% and 0.31%, respectively. This indicates short covering.
Stock Market Live: Mazagon Dock And M&M Show Short Covering
Mazagon Dock and M&M are in the short-covering bucket. Their futures prices are up 0.70% and 0.04%, while OI has declined 0.13% and 0.14%, respectively. This indicates short covering.
Stock Market Live: TVS Motor Leads Short Covering With Higher Futures Price
TVS Motor features in the short-covering bucket, with its futures price rising 0.18% while OI falls 0.06%. This indicates short covering.
Stock Market Live: ICICI Prudential AMC Sells 0.3% Stake In Honasa Consumer
ICICI Prudential Asset Management Company sold a 0.3% stake in Honasa Consumer, the parent company of Mamaearth, through the open market on August 14.
Stock Market Live: Shriram Finance, Polycab And SAIL In Liquidation Bucket
Shriram Finance, Polycab and SAIL are among stocks showing falling futures prices alongside lower OI. Their futures prices have declined 1.68%, 0.79% and 0.23%, respectively. This points to long liquidation.
Stock Market Live: Hindalco, Canara Bank And GAIL Show Long Liquidation
Hindalco, Canara Bank and GAIL feature in the liquidation bucket. Their futures prices are down 1.08%, 1.08% and 0.40%, respectively, with open interest also declining. This points to long liquidation.
Stock Market Live: Kotak Bank, Tata Consumer Lead Long Liquidation Bucket
The liquidation screen includes Kotak Bank, Tata Consumer, PNB and Cholamandalam Investment. Their futures prices have declined between 0.43% and 1.05%, while OI has also edged lower. This points to long liquidation.
Stock Market Live: Long Build-Up Continues In Solar Industries And Zydus Life
Solar Industries and Zydus Life show higher futures prices alongside rising OI. Futures prices are up 0.74% and 0.52%, while OI has increased 6.08% and 5.71%. This indicates fresh long positions.
Stock Market Live: Long Build-Up Seen In Torrent Pharma, Laurus Labs
Torrent Pharma and Laurus Labs feature in the accumulation bucket. Their futures prices have risen 1.48% and 0.27%, while open interest has increased 7.50% and 7.17%. This indicates fresh long positions.
Stock Market Live: Coal India, Biocon And Cipla Show Fresh Long Positions
The accumulation screen shows Coal India, Biocon and Cipla with rising futures prices and OI. Futures prices are up 1.00%, 1.44% and 0.27%, while OI has risen 8.36%, 7.80% and 7.50%.
Stock Market Live: OI Build-Up Seen In Oil, Bosch And Cochin Shipyard
Oil, Bosch and Cochin Shipyard feature in the accumulation bucket. Their futures prices are up 1.82%, 1.11% and 2.18%, while open interest has increased 13.38%, 11.33% and 10.34%, respectively.
Stock Market Live: Accumulation Seen In TI India, Unominda And Sonacom
The accumulation bucket shows fresh long positions in TI India, Uno Minda and Sonacom. Futures prices are up 5.91%, 0.20% and 0.32%, respectively, while OI has risen 19.86%, 18.34% and 16.30%.
Stock Market Live: Asian Paints Call OI Rises 240.05% Since Last Expiry
Asian Paints has seen Call open interest increase 240.05% since the last expiry. Put OI is up 81.59%, while total derivative OI has risen 5.71%.
Stock Market Live: Bajaj Auto Put OI Jumps 352.46% Since Last Expiry
Bajaj Auto has recorded a 352.46% increase in Put open interest since the last expiry. Call OI has risen 255.28%, while total derivative OI is up 47.96%.
Stock Market Live: Bandhan Bank Futures OI Rises 52.40% As Stock Falls 3.90%
Bandhan Bank futures OI has increased 52.40% since the last expiry, while the futures price has declined 3.90%. Total derivative OI is up 73.76%.
Stock Market Live: Ambuja Cements Futures OI Climbs 48.64%
Ambuja Cements futures open interest has increased 48.64% since the last expiry, while total derivative OI is up 55.47%. The futures price has declined 9.44%.
Stock Market Live: Apollo Hospitals Put OI Jumps 1,150.25%
Apollo Hospitals has seen Put open interest increase 1,150.25% since the last expiry. Call OI has also risen 662.05%, taking total OI 184.60% higher.
Stock Market Live: Alkem Call OI Surges 2,069.26%
Alkem has recorded a 2,069.26% increase in Call open interest since the last expiry, the highest among the stocks shown. Put OI has also jumped 1,331.87%.
Stock Market Live: Bajaj Finserv Call OI Jumps 600.87% Since Last Expiry
Bajaj Finserv has seen Call open interest rise 600.87% since the last expiry. Put OI has increased 193.10%, taking total derivative OI 66.11% higher.
Stock Market Live: Adani Ports Total OI Up 68.35% With Futures OI Rising 18.46%
Adani Ports has recorded a 68.35% rise in total open interest since the last expiry. Its futures price is up 2.52%, while futures OI has increased 18.46%.
Stock Market Live: ABB Total OI Climbs 84.70% As Futures Price Gains 5.17%
ABB futures have risen 5.17%, while futures OI has increased 2.15% since the last expiry. Total derivative OI has climbed 84.70%, with Call OI up 327.20% and Put OI up 240.29%.
Stock Market Live: Axis Bank Total OI Rises 80.73% Despite 4.25% Fall
Axis Bank has recorded an 80.73% increase in total open interest since the last expiry even as its futures price has declined 4.25%. Futures OI has risen 52.57%.
Stock Market Live: Apollo Hospitals Total OI Jumps 184.60%
Apollo Hospitals has seen total open interest rise 184.60% since the last expiry. The stock's futures price is up 14.84%, while futures OI has increased 36.73%.
Stock Market Live: Alkem Leads Stocks In OI Build-Up Since Last Expiry
Alkem has recorded the highest total open interest increase among the stocks shown on the dashboard, with OI rising 214.95% since the last expiry. Its futures price is up 1.47%, while futures OI has increased 36.30%.
Stock Market Live: Nifty Fin Service Falls 4.83% As Derivative OI Surges
Nifty Fin Service is down 4.83% at 27,453.95, while total derivatives open interest has risen 1,263.73% since the last expiry. Both Call and Put OI have recorded four-digit percentage increases.
Stock Market Live: Nifty Mid Select Gains 11.15% Despite Lower Futures OI
Nifty Mid Select is up 11.15% on the dashboard at 13,366.20, while futures open interest has declined 1.71% since the last expiry to 15,537 contracts.
Stock Market Live: Bank Nifty Futures OI Climbs 22.47% Since Last Expiry
Bank Nifty futures open interest has increased 22.47% since the last expiry to 78,179 contracts. The index is shown at 58,214.10, down 1.55%.
Stock Market Live: Nifty Futures OI Rises 2.06% Since Last Expiry
Nifty futures open interest has increased 2.06% since the last expiry to 2,38,186 contracts. The index is shown at 25,936.20, with a 6.63% decline on the dashboard.
Stock Market Live: Nifty Mid Select Total OI Up 152.76% Since Last Expiry
Nifty Mid Select's total open interest has increased 152.76% since the last expiry to 1.34 lakh contracts. Call OI has risen 227.26%, while Put OI is up 209.75%.
Stock Market Live: Nifty Fin Service OI Jumps 1,263.73% Since Last Expiry
Nifty Fin Service has recorded a 1,263.73% increase in total open interest since the last expiry, taking total OI to 30,684 contracts. Call OI has risen 1,933.51%, while Put OI is up 1,405.71%.
Stock Market Live: Bank Nifty Total OI Rises 106.55% Since Last Expiry
Bank Nifty's total open interest has increased 106.55% since the last expiry to 14.31 lakh contracts. Futures OI has risen 22.47%, while Call OI is up 139.81% and Put OI has gained 91.24%.
Stock Market Live: Nifty OI Up 217% Since Last Expiry
Nifty's total open interest has risen 217.26% since the last expiry to 1.52 crore contracts, according to the dashboard. Futures OI is up 2.06%, while Call and Put OI have risen 263.32% and 192.59%, respectively.
Stock Market Live: Bank Nifty Call Writing Concentrated At 57,500
The 57,500 strike has seen the strongest Call open interest addition on the Bank Nifty dashboard. The 58,000 strike has also recorded a sizeable increase in Call OI.
Stock Market Live: Bank Nifty Put OI Also Highest At 58,000 Strike
Bank Nifty's 58,000 strike also carries the highest Put open interest, at around 12 lakh contracts. The 57,000 strike has Put OI of around 10 lakh contracts.
Stock Market Live: Bank Nifty Call OI Peaks At 58,000 Strike
The 58,000 strike has the highest Call open interest on Bank Nifty at around 23 lakh contracts. The 57,500 strike is the next major Call position, with OI of around 11 lakh contracts.
Stock Market Live: Nifty Options Positioning Points To 24,000-24,300 Range
Nifty options positioning is concentrated between 24,000 and 24,300, with the highest Put OI at 24,000 and the highest Call OI at 24,300. Fresh Put writing is strongest at 24,200, while Call writing is concentrated at 24,300.
Stock Market Live: Nifty Put OI Highest At 24,000 Strike
The 24,000 strike has the highest Put open interest at around 37 lakh contracts. Put positions are also sizeable at 24,100 and 23,900.
Stock Market Live: Nifty Call OI Highest At 24,300 Strike
The 24,300 strike carries the highest Call open interest on the dashboard at around 41 lakh contracts. The 24,200 strike has the next-highest Call OI at roughly 24 lakh contracts.
Stock Market Live: Nifty Put Writing Highest At 24,200 Strike
Put open interest has increased most sharply at the 24,200 strike, where Put OI rose by around 26.5 lakh contracts. The 24,100 strike also saw a sizeable increase of around 10 lakh contracts.
Stock Market Live: Nifty Call Writing Concentrated At 24,300 Strike
The 24,300 strike has seen the biggest increase in Call open interest on the Nifty options dashboard, with Call OI rising by around 35 lakh contracts. The 24,200 strike follows with an increase of around 22.5 lakh contracts.
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Stock Market Live: JPMorgan Sees Nifty At 27,000 In 12 Months
Rajiv Batra of JPMorgan told NDTV Profit that the Nifty could reach 27,000 over the next 12 months. He expects India’s earnings to grow 11% in FY27 and 15% in FY28, with momentum building over the next two to three quarters.
Batra favours a multi-cap approach and remains positive on financials, power and automobiles. He said foreign investor outflows need to reverse and cautioned against relying on valuation re-rating.
Stock Market Live: Paytm Sees 2.95% Equity Change Hands In Block Trade
About 1.89 crore Paytm shares changed hands in a block trade, representing 2.95% of the company’s equity.
Sources said demand for the block was weak and the seller did not exercise the greenshoe option. Saif Partners and Antfin may conduct further block trades over the next six months, according to the sources.
Stock Market Live: BSE Falls For Fifth Day After Broker Downgrades
BSE shares fell 1.99% to Rs 3,265.80, extending losses for a fifth session. The stock has declined 7.3% over five trading days and 7% over the past 30 days.
Nuvama downgraded BSE to Hold from Buy and cut its target price to Rs 3,240 from Rs 4,090. Jefferies had downgraded the stock to Underperform from Hold on Monday and reduced its target to Rs 2,940 from Rs 3,520.
Stock Market Live: MMP Industries Gains 1.13%, Hindalco Falls 0.69%
MMP Industries rose 1.13%, while Maan Aluminium gained 0.23%. Arfin India fell 0.72%, Hindalco Industries declined 0.69% and Vedanta Aluminium slipped 0.42%.
Stock Market Live: Thangamayil Jewellery Gains, Goldiam Falls 1.63%
Thangamayil Jewellery rose 0.75%, while Sky Gold and Motisons gained 0.39% and 0.36%, respectively. Goldiam fell 1.63%, while PC Jeweller declined 0.61%.
Stock Market Live: SpiceJet Falls 1.66%, InterGlobe Aviation Drops 1.05%
SpiceJet shares declined 1.66%, while InterGlobe Aviation fell 1.05% in early trade.
Stock Market Live: Bharti Airtel And Infosys Drag Nifty 50 Lower
Bharti Airtel pulled the Nifty 50 down by 17.03 points, while Infosys reduced the index by 13.86 points. M&M provided the largest support, adding 4.32 points.
Stock Market Live: Realty And IT Stocks Fall, Auto And Defence Shares Gain
Nifty Realty fell 1.16%, while Nifty IT declined 1.04%. Nifty Auto rose 0.48% and Nifty India Defence gained 0.46%, leading sectoral advances.
Stock Market Live: Nifty Falls Near 24,200, Sensex Drops Over 350 Points
- The NSE Nifty 50 fell as much as 0.3% to 24,200
- The BSE Sensex fell as much as 0.5% or 365.97 points to 77,362.19
Stock Market Live: South Indian Bank To Open Five New Kerala Branches
South Indian Bank plans to open five new branches in Kannur, Kerala, adding to its branch network.
Stock Market Live: Nelco, Sonata, DCX Among Stocks In News Today
Nelco, Sonata Software and DCX Systems feature among the companies with material developments ahead of trade.
- Nelco announced a satellite connectivity partnership and invested USD 20 million in Lunar Holdco CCDs.
- Sonata Software appointed Hariprasad Rebala as Chief AI Officer.
- DCX Systems received Rs 15.19 crore of purchase orders.
Stock Market Live: ASK Automotive Exits ASM Framework
ASK Automotive, Elantas Beck India and Savita Oil Technologies were listed for exclusion from the ASM framework.
Stock Market Live: Jubilant Agri Added To Short-Term ASM Framework
Jubilant Agri and Consumer Products was shortlisted for inclusion in the short-term Additional Surveillance Measure framework.
Stock Market Live: Sensex Falls 309 Points In Pre-Market Trade, Nifty Below 24,250
The Sensex declined 309.19 points, or 0.40%, to 77,418.97 in pre-market trade. The Nifty 50 fell 63.80 points, or 0.26%, to 24,223.85.
Stock Market Live: Info Edge Promoters Sell 13.5 Lakh Shares
Info Edge promoter-directors Sanjeev Bikhchandani and Hitesh Oberoi sold a combined 13.5 lakh shares.
- Sanjeev Bikhchandani sold 8.5 lakh shares.
- Hitesh Oberoi sold 5 lakh shares.
Stock Market Live: Government Of Singapore Buys 22.15 Lakh Leap India Shares
Government of Singapore bought 22.15 lakh shares of Leap India at Rs 155.28 per share in a block transaction.
Stock Market Live: Rupee Opens At 95.66 Against US Dollar
The rupee opened at 95.66 against the US dollar, down 6 paise from Monday’s close of 95.60.
Stock Market Live: Style Baazar Sees Rs 163 Crore Block Deal Activity
Style Baazar saw multiple block trades at Rs 362 per share, including a 45 lakh-share purchase and combined sales of 45 lakh shares.
- Aditya Kumar Halwasiya bought 45 lakh shares at Rs 362.
- Shreyans Surana sold 21 lakh shares.
- Bhagwan Prasad sold 15 lakh shares.
- Sidharth Surana sold 9 lakh shares.
- Sales were all executed at Rs 362 per share.
Stock Market Live: Shankesh Jewellers IPO Opens With Rs 367 Crore Issue
Shankesh Jewellers opened its Rs 367 crore IPO on August 18, with subscription closing on August 20.
- Fresh issue: 2.95 crore shares aggregating to Rs 274.18 crore.
- Offer for sale: 1 crore shares aggregating to Rs 93 crore.
- FY26 total income: 1,630.93 crore.
- FY26 profit after tax: 106.68 crore.
- FY26 EBITDA: 157.9 crore.
- FY26 EBITDA margin: 9.68%.
Stock Market Live: Sunshine Pictures IPO Opens With Rs 282 Crore Issue
Sunshine Pictures opened its Rs 282 crore IPO for subscription on August 18, with the issue closing on August 20.
- Fresh issue: 0.48 crore shares aggregating to Rs 172.80 crore.
- Offer for sale: 0.30 crore shares aggregating to Rs 109.34 crore.
- FY25 total income: 105.8 crore.
- FY25 profit after tax: 34.46 crore.
- FY25 EBITDA: 50.76 crore.
- FY25 EBITDA margin: 47.98%.
Stock Market Live: Milky Mist To List Today After 59.08 Times Subscription
Milky Mist Dairy Food is scheduled to list on August 18 after its Rs 1,553 crore IPO received 59.08 times subscription.
- Price band: Rs 133-Rs 140.
- QIB subscription excluding anchor: 164.03 times.
- NII subscription: 36.75 times.
- Retail subscription: 8.86 times.
- Employee subscription: 13.15 times.
Stock Market Live: Kirloskar Pneumatic To Split Face Value To Re 1
Kirloskar Pneumatic Company approved a face-value split from Rs 2 per share to Re 1 per share.
Stock Market Live: Balkrishna Industries, BPCL To Consider Fund Raising
Balkrishna Industries and Bharat Petroleum Corporation are scheduled to consider fund-raising proposals at board meetings.
- EFC (I) is also scheduled to consider fund raising.
Stock Market Live: Piccadily Agro Gets NSE, BSE Clearance For Demerger
Piccadily Agro Industries received No Adverse Observation and No Objection letters from BSE and NSE for its proposed demerger scheme with Piccadily Food & Essentials.
Stock Market Live: Oberoi Realty Gets Relief On Gurugram Project Approvals
DTCP Haryana upheld approvals for Oberoi Realty's Three Sixty North Gurugram project and rejected AIPL's cancellation plea.
- Restrictions on fresh allotments and third-party rights have been lifted.
Stock Market Live: KPI Green Energises Additional 130 MW Solar Capacity
KPI Green Energy energised 130 MW AC of solar capacity at its Bharuch hybrid IPP.
- Cumulative capacity at the Bharuch hybrid IPP reached 269.7 MW AC on August 17, 2026.
Stock Market Live: Amber Subsidiary Allots Bonus Shares To Parent
IL JIN Electronics, Amber Enterprises' material subsidiary, allotted 30.49 crore bonus shares to Amber.
- Amber's stake remains unchanged at 89.71%.
Stock Market Live: Axis Bank Prices $300 Million Senior Notes
Axis Bank priced USD 300 million senior notes under its USD 5 billion Global Medium-Term Note programme at a 5.179% coupon.
Stock Market Live: Poonawalla Fincorp Allots Rs 315 Crore NCDs
Poonawalla Fincorp allotted 31,500 secured listed NCDs aggregating Rs 315 crore through private placement.
Stock Market Live: UltraTech Names Jayant Dua As Managing Director
UltraTech Cement appointed Jayant Dua as Managing Director and Director, making the leadership change a key company development for investors.
Stock Market Live: DCX Systems Gets Rs 15 Crore Orders, Subsidiary Gets Export Orders
DCX Systems received purchase orders worth Rs 15.19 crore, while its wholly owned subsidiary received export orders worth Rs 3.09 crore.
- DCX Systems orders are for cable and wire harness assemblies.
- Raneal Advanced Systems received export orders for printed circuit board assemblies.
Stock Market Live: Highway Infrastructure Wins Rs 80 Crore NHAI Contract
NHAI awarded Highway Infrastructure an Rs 80.17 crore contract to operate the Palayam Fee Plaza for 90 days.
- The contract value is about 25% of the company's market capitalisation.
Stock Market Live: Ceigall India Loses Rs 331 Crore Delhi PWD Tender
Delhi PWD cancelled the Rs 330.84 crore road-strengthening tender for which Ceigall India had emerged as the L1 bidder.
Stock Market Live: Lloyds Engineering Completes SISCOL Stake Acquisition
Lloyds Engineering completed the acquisition of a 17.98% stake in Steel Infra Solutions Company for Rs 219 crore.
- The company acquired 73 lakh equity shares.
- It also allotted 7.07 crore shares at Rs 71.25 per share on a preferential basis as part of the transaction.
Stock Market Live: Netweb Technologies Launches QIP At Rs 4,885.90 Floor Price
Netweb Technologies launched a QIP and fixed the floor price at Rs 4,885.90 per share.
- The company may offer a discount of up to 5% to the floor price.
Stock Market Live: SPR Auto Technologies Launches Rs 1,000 Crore QIP
SPR Auto Technologies launched a QIP with a floor price of Rs 4,438.20 per share and plans to raise up to Rs 1,000 crore.
Stock Market Live: PNB Housing Shareholders Approve Rs 10,000 Crore NCD Raise
PNB Housing Finance shareholders considered approval to raise up to Rs 10,000 crore through private placement of NCDs
Stock Market Live: IIFL Finance Gets Fitch Rating Upgrade
Fitch upgraded IIFL Finance's Long-Term Issuer Default Rating to BB- from B , with a Stable outlook.
- Senior Secured Debt rating upgraded to BB- from B .
- Global Medium-Term Note Programme rating also upgraded to BB- from B .
Stock Market Live: Manipal Health To Acquire Bengaluru Hospital Business
Manipal Health Enterprises signed an agreement to acquire the Kinder Women’s Hospital & Fertility Centre business in Bengaluru for Rs 130 crore.
- Transaction expected to close within 90 days.
Stock Market Live: GMR Airports Starts Operations At Visakhapatnam Airport
GMR Airports commenced commercial operations at Alluri Sitarama Raju International Airport through its subsidiary GMR Visakhapatnam International Airport Ltd.
Stock Market Live: Sigma Advanced Systems Gets Rs 155 Crore Defence Orders
Sigma Advanced Systems partnered with Indrajaal Autonomous Defense Systems to secure anti-drone patrol vehicle orders from the Home Ministry.
- Total orders: Rs 155 crore.
- Border security orders: Rs 145 crore.
- Urban police/VVIP security orders: about Rs 10 crore.
Stock Market Live: Nelco Invests $20 Million In Satellite Connectivity Venture
Nelco invested $20 million in Lunar Holdco CCDs as part of its satellite connectivity strategy in South Asian markets.
- Investment made on August 17, 2026.
- Nelco has also announced a strategic partnership with Elveo for next-generation director-to-device and IoT connectivity.
Stock Market Live: Bandhan Bank, LIC Among Stocks In F&O Ban
Bandhan Bank, LIC, Manappuram Finance and SAIL entered the F&O ban list for the August 18 trading session.
Stocks in F&O ban:
- Bandhan Bank
- LIC
- Manappuram Finance
- SAIL
Stock Market Live: Nifty August Futures Trade At 83-Point Premium
Nifty August futures traded at a premium to the cash index ahead of the session, providing a key derivatives cue for the market.
- Nifty August futures down 0.33% at 24,370.
- Premium to spot: 83 points.
Stock Market Live: Citi Sees Auto Retail Registrations Up In August
CLSA said auto retail registrations remained healthy in the first 15 days of August, with festive demand approaching.
CLSA on Auto Sector
- Two-wheeler registrations grew 16% YoY.
- Passenger vehicle registrations grew 4% YoY.
- Commercial vehicle registrations grew 5% YoY.
- Tractor registrations grew 14% YoY.
- Mid-single-digit PV and CV growth was partly affected by the later start of the auspicious Shravan period.
- EV adoption stood at 10% for two-wheelers and 8% for passenger vehicles.
- Top picks: M&M, Tata Motors PV, Bajaj Auto and Ather Energy.
Stock Market Live: Jefferies Raises KEI Industries Target To Rs 6,920
Jefferies retained its Buy rating on KEI Industries and raised its target price to Rs 6,920 from Rs 6,150.
Jefferies on KEI Industries
- Rating: Buy.
- Target price raised to Rs 6,920 from Rs 6,150.
- Jefferies lists KEI among its top picks in defence and T&D equipment.
Stock Market Live: Jefferies Raises Siemens Target To Rs 4,415
Jefferies retained its Hold rating on Siemens and raised its target price to Rs 4,415 from Rs 4,000.
Jefferies on Siemens
- Rating: Hold.
- Target price raised to Rs 4,415 from Rs 4,000.
- Power equipment players are driving margin improvement.
- Jefferies remains positive on defence and T&D equipment.
Stock Market Live: Citi Flags Grid Constraints For Power Infra Sector
Citi said power infrastructure capex remains broad-based but highlighted grid connectivity, land and equipment availability as key execution constraints.
Citi on India Industrials
- Capex remains broad-based across generation, storage, transmission and distribution.
- Grid connectivity, land and equipment availability remain key execution constraints.
Stock Market Live: Citi Sees Defence Demand Expanding Across New Segments
Citi said defence demand is supported by a broad-based programme pipeline, with procurement expanding into newer technology areas.
Citi on India Industrials
- Defence procurement is widening into electronic warfare, autonomous systems and counter systems.
- Some demand should gradually become recurring as the installed base expands.
- Services and lifecycle support could therefore become more important.
Stock Market Live: JPMorgan Keeps Neutral On Colgate, Rs 2,250 Target
JPMorgan maintained its Neutral rating on Colgate with a Rs 2,250 target, highlighting premiumisation and a broader volume, price and mix strategy.
JPMorgan on Colgate
- Rating: Neutral.
- Target price: Rs 2,250.
- Premiumisation is the biggest growth lever.
- Growth is expected to be balanced across volume, price and mix.
- Margins are likely to moderate in the near term.
- Growth needs to be balanced against margins.
Stock Market Live: Goldman Sachs Keeps Sell On Colgate, Rs 2,050 Target
Goldman Sachs retained its Sell rating on Colgate with a Rs 2,050 target, with premiumisation remaining the key growth driver.
GS on Colgate
- Rating: Sell.
- Target price: Rs 2,050.
- Sales growth is expected to come from premiumisation and higher volume consumption.
- Premiumisation is the most important growth vector.
- Innovation and marketing spends are being accelerated.
- Gross margin is expected to remain defended in a band.
- EBITDA is likely to be lower as ad spends are increased.
- No immediate visibility of portfolio expansion beyond toothpaste
Stock Market Live: Citi Maintains Sell On Colgate With Rs 2,000 Target
Citi retained its Sell rating on Colgate with a Rs 2,000 target as the company prioritises growth while facing a margin trade-off.
Citi on Colgate
- Rating: Sell.
- Target price: Rs 2,000.
- Significant runway remains to increase oral-care consumption.
- Growth is expected to become more balanced across volume, price and mix.
- Premiumisation remains the key growth engine.
- Growth is being prioritised over near-term margin expansion.
Stock Market Live: Nuvama Downgrades BSE To Hold, Cuts Target
Nuvama downgraded BSE to Hold from Buy and cut its target price to Rs 3,240 from Rs 4,090, citing changes in expiry-day trading dynamics.
Nuvama on BSE
- Rating: Hold, downgraded from Buy.
- Target price cut to Rs 3,240 from Rs 4,090.
- CAS has reset volumes and impaired expiry-day decay trading dynamics.
- Bank guarantee norms are the second leg.
- Market share gains are nearing saturation.
- FY27/FY28 EPS estimates cut by 6.3%/15%.
- Consensus estimates could see a reset after Q2 earnings.
Stock Market Live: Jefferies Raises HAL Target To Rs 6,800
Jefferies retained its Buy rating on Hindustan Aeronautics and raised its target price to Rs 6,800 from Rs 6,300.
Jefferies on Hindustan Aeronautics
- Rating: Buy.
- Target price raised to Rs 6,800 from Rs 6,300.
- Jefferies remains positive on defence and T&D equipment.
- Top picks include Siemens Energy, Hitachi Energy, Hindustan Aeronautics, L&T and KEI.
Stock Market Live: Jefferies Cuts BEL Target To Rs 490
Jefferies retained its Buy rating on BEL but cut its target price to Rs 490 from Rs 550 as it reviewed defence and power equipment companies.
Jefferies on BEL
- Rating: Buy.
- Target price cut to Rs 490 from Rs 550.
- Jefferies remains positive on defence and T&D equipment.
- Power equipment players are driving a margin uptick.
Stock Market Live: Jefferies Raises Belrise Target To Rs 280
Jefferies retained its Buy rating on Belrise and raised its target price to Rs 280 from Rs 250, citing new order traction and an expanding footprint.
Jefferies on Belrise
- Rating: Buy.
- Target price raised to Rs 280 from Rs 250.
- Cost pressures are behind the company.
- Jefferies remains sanguine on the full-year margin.
- New order traction is good.
- Company is expanding beyond autos.
Stock Market Live: Citi Hikes Akums Drugs Target To Rs 860
Citi maintained its Buy rating on Akums Drugs and raised its target price to Rs 860 from Rs 610 as earnings quality improves on CDMO strength.
Citi on Akums Drugs
- Rating: Buy.
- Target price raised to Rs 860 from Rs 610.
- Domestic CDMO remains the key growth driver.
- Other segments remain subdued.
- FY27E/FY28E EPS estimates raised by 5%/10% on a more constructive API pricing outlook.
Stock Market Live: Jefferies Raises Radico Khaitan Target To Rs 5,200
Jefferies retained its Buy rating on Radico Khaitan and raised its target price to Rs 5,200, citing premiumisation in the alcobev industry.
Jefferies on Radico Khaitan
- Rating: Buy.
- Target price: Rs 5,200.
- Alcobev industry entering a multi-year premiumisation cycle.
- Premiumisation is most evident in vodka, where Radico is the market leader.
- Strong innovation and execution, along with a supportive regulatory environment, should support growth.
- Premium mix and India-UK FTA benefits are expected to drive margin expansion.
Stock Market Live: Citi Raises Nifty Target To 26,800, Adds Axis Bank
Citi raised its Nifty target to 26,800 for June 2027 from 26,000 earlier and added Axis Bank to its top large-cap picks.
Citi India Strategy
- Nifty target raised to 26,800 from 26,000.
- Axis Bank added to top large-cap picks.
- Overweight: Financials, Telecom, Healthcare, Utilities.
- Underweight: IT Services, Staples, Metals.
- Citi said first-quarter earnings were better than expected and the outlook remains decent.
- The brokerage flagged margin pressure in Consumer, Industrial and Financial sectors.
- It remains focused on demand resilience after the benefits of GST cuts recede.
Stock Market Live: US-Iran Uncertainty Rises As Trump Rejects Ceasefire Extension
- US President Donald Trump said he would not extend the 60-day agreement with Tehran after it expired on Monday. He also threatened military action against Oman.
- Trump said informal talks were under way with Iran’s Revolutionary Guard but indicated that he was not seeking an immediate settlement.
Stock Market Live: Asian Markets Fall; Kospi Jumps 3% After Holiday
South Korea’s Kospi rose 3.04% as trading resumed after a holiday. Japan’s Nikkei 225 fell 0.38%, while Australia’s ASX 200 was almost unchanged, up 0.01%.
Stock Market Live: Wall Street Ends Lower, US Stock Futures Trade Subdued
The Dow Jones Industrial Average and S&P 500 fell 0.5% each, while the Nasdaq Composite declined 0.3%.
Dow futures slipped 25 points in early Asian trade. S&P 500 and Nasdaq-100 futures were marginally lower.
Stock Market Live: Oil Rises For Third Session As Conflict Concerns Persist
Brent crude rose above $91 a barrel after closing at its highest level since late July. West Texas Intermediate traded near $85 as expectations of a quick resolution to the conflict weakened.
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