Nifty 50 ended at 24,712.05, down 255.70 points (−1.02%), while Bank Nifty closed at 54,450.45, shedding 688.85 points (−1.25%). Sensex finished at 80,786.54, down 849.37 points (−1.04%).
- US Markets – Dow Jones Futures slipped 37 points (−0.08%) to 45,245.
- European Markets
- FTSE dropped 61.80 points (−0.66%) to 9,259.69.
- CAC plunged 130.34 points (−1.66%) to 7,712.70.
- DAX declined 123.12 points (−0.51%) to 24,150.00.
Global events/updates
Foreign Secretary Vikram Misri emphasized India’s priorities at the SCO, focusing on trade, sovereignty, and security cooperation. He noted that India and Japan are working together on defense initiatives like a radar project, ship maintenance, and a lunar exploration mission with ISRO. He also mentioned that India continues to engage with the US on tariff issues, while the PM is expected to hold bilateral meetings on the sidelines.
External Affairs Minister S. Jaishankar reiterated India’s engagement with the US on tariffs and highlighted India’s interest in specific defense platforms in Japan. He added that the Indian Navy and Japanese counterparts are in discussions on ship maintenance in India. He also mentioned that PM Modi is expected to conduct some bilateral meetings during his China visit.
At a Maruti Suzuki event, PM Modi endorsed the “Make in India, Made for the World” initiative, highlighting strong India–Japan collaboration. He noted that Battery Electric Vehicles (BEVs) made in India will be exported to over 100 countries, supported by upcoming hybrid battery electrode production in Gujarat.
The export of India-made cars to Japan reflects global confidence in India’s manufacturing, while local battery cell production will strengthen EV and hybrid vehicle growth.
Land in Hansalpur, allotted to Maruti Suzuki in 2012, continues to advance the Make in India vision, with hybrid ambulances benefiting from government incentives for clean vehicles.
Stock news
- Bangalore Fort Farms Limited: The board approved an increase in authorised capital to ₹25 crore, also proposed a name change to Grameva Limited.
- Ashiana Housing Ltd: The company acquired 22.71 acres of land in Mahindra World City, Chennai, with a sales potential of approx ₹1,200 crore, to develop a senior living project comprising villas and apartments.
- Lehar Footwears Ltd: The company secured an additional order worth Rs 75 crore from National Small Industries Corporation Ltd. for the supply of Toolkits to artisans and craftspeople registered under PM Vishwakarma Scheme.
- Eleganz Interior Ltd: The company secured an order worth Rs 131 Crore from a Pharmaceutical Company.
- Waaree Energies Ltd: A wholly owned subsidiary of Waaree Energies Limited, has received an international order to supply 452 MW of solar modules to a major U.S.-based developer and operator of utility-scale solar and energy storage projects.
- IndiGrid Infrastructure Trust has signed a definitive agreement to acquire Enerica Infra 3 Pvt Ltd, which is developing a 187.5 MW/750 MWh Battery Energy Storage System (BESS) project in Uttar Pradesh.
- A B Infrabuild Ltd The Board of Directors will meet on Saturday, August 30, 2025, to consider a stock split (sub-division of equity shares).
- Gland Pharma Ltd receives approval from the United States Food and Drug Administration (USFDA) for Vasopressin 5% Dextrose Injection. This Product is indicated to increase blood pressure in adults with vasodilatory shock who remain hypotensive despite fluids and catecholamines.
- Ajooni Biotech Ltd: The company received an order worth Rs 25 crore from India’s leading dairy supplier.
- Orient Technologies Ltd: The company has been awarded a purchase order worth Rs. 30.8 crores from The New India Assurance Company Limited for Annual Maintenance Contract (AMC) of network, backup and storage devices at NIA Data Centre.
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| RattanIndia Enterprises Ltd. (11.4%) | Vodafone Idea Ltd. (-8.9%) |
| Waaree Energies Ltd. (5.5%) | Balrampur Chini Mills Ltd. (-6.0%) |
| Craftsman Automation Ltd. (4.6%) | ACME Solar Holdings Ltd. (-6.0%) |
| Ola Electric Mobility Ltd. (4.5%) | Kirloskar Oil Engines Ltd. (-5.8%) |
| Britannia Industries Ltd. (4.0%) | Sai Life Science Ltd. (-5.7%) |
Conclusion
The broader market saw a significant decline, with major indices including Nifty 50, Bank Nifty, and Sensex all closing over 1% lower, reflecting overall bearish sentiment in the market.
Written by Manideep Appana
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