Nifty 50 closed at 24,967.75, gaining 97.65 points (0.39%), while the Sensex advanced 329.06 points (0.40%) to settle at 81,635.91. However, the Bank Nifty remained flat, slipping marginally by 10.10 points (−0.02%) to end at 55,139.30.
- US Markets – Dow Jones Futures saw a decline, decreasing by 68.53 points or 0.15% to a price of 45,563.21.
- European Markets
- FTSE has a minor increase, rising by 12.20 points or 0.13% to a price of 9,321.40.
- CAC declined, falling by 46.09 points or 0.58% to a price of 7,923.60.
- DAX also declined, down by 91.49 points or 0.38% to a price of 24,271.60.
Global events/updates
- India’s Ambassador to Russia stated that India will continue to buy oil from “wherever it gets the best deal” and rejected new US tariffs as “unfair and unjustified,” prioritizing the energy security of its 1.4 billion people.
- Ukraine’s Ambassador to India confirmed that Ukrainian President Volodymyr Zelenskyy has been invited to visit India by Prime Minister Narendra Modi, with both sides working to finalize a date for the visit
- Prime Minister Narendra Modi announced that India and Fiji have agreed to strengthen their mutual cooperation in the areas of defence and security.
- Significant GST reduction on farm machinery.
Stock news:
- Gandhar Oil Refinery Ltd: The company secured an order worth Rs 25 crore from BHEL for the Supply of Transformer Oil.
- Markolines Pavement Technologies Ltd has secured a Letter of Acceptance (LOA) from Metalite India for a consideration of Rs. 100 crores for the operation and production of patch repair work.
- Shree Refrigerations Ltd: Supply of HVAC system for 5 Fleet Support ships and application/installation to Hindustan Shipyard Limited.
- SKM Egg Products Export (India) Ltd reported that promoter SKM Shree Shivkumar acquired 31,177 shares (0.12% stake) through open market transactions on 22 August 2025. Following this purchase, his shareholding increased to 1,19,06,316 shares, representing 45.22% of the company’s equity.
- Julein Agro Infratech Ltd: Issuance of Bonus issue: 1:1
- Quest Flow Controls Ltd: Order was received from Garden Reach Shipbuilders for valves and spares worth ₹23.56 crore. The delivery is to be completed within 3 months.
- NBCC India Ltd: Co secures Rajasthan govt nod for Rs. 3700 cr convention centre & urban development projects.
- OYO is planning to file its DRHP (Draft Red Herring Prospectus) in November, with a target IPO valuation of $7-8 billion.
- GSK Pharma Ltd has launched two new drugs, Jemperli and Zejula, in India. These drugs are used to treat certain types of endometrial and ovarian cancers.
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| eClerx Services Ltd. (9.4%) | Sundaram Finance Ltd. (-6.1%) |
| Action Construction Equipment Ltd. (8.4%) | Reliance Power Ltd. (-5.0%) |
| Newgen Software Technologies Ltd. (5.4%) | Emami Ltd. (-4.2%) |
| Vodafone Idea Ltd. (5.0%) | City Union Bank Ltd. (-3.4%) |
| Hyundai Motor India Ltd. (4.8%) | Pfizer Ltd. (-3.4%) |
Conclusion
Overall, the market closed on a positive note with both Nifty 50 and Sensex registering healthy gains, supported by broad-based buying, while Bank Nifty remained largely flat, indicating selective pressure in the banking space.
Written by Manideep Appana
