Nifty 50 closed at 24,868.60, up 95.40 points (0.39%). Bank Nifty closed at 54,216.10, up 29.20 points (0.05%). Sensex closed at 81,101.32, up 314.02 points (0.39%). BSE Midcap and Smallcap indices both rose by 0.2%. Sector-wise, the IT index surged 2.8%, with Pharma and FMCG sectors each gaining 0.5%, whereas Oil & Gas and Realty indices slipped by 0.3%.
- US Markets: Dow Jones Futures: The Dow Jones Futures rose by 40.94 points (+0.09%), currently trading at 45,555.89.
- European Markets
- FTSE: The FTSE climbed 7.16 points (+0.08%), reaching 9,228.60.
- CAC: The CAC advanced by 8.66 points (+0.11%) to 7,743.50.
- DAX: The DAX declined by 111.23 points (-0.47%), currently at 23,695.90.
European stock indices showed a mixed performance recently, with the FTSE 100 in London rising modestly by 7.16 points (+0.08%) to 9,228.60, and the CAC 40 in Paris increasing by 8.66 points (+0.11%) to 7,743.50.
Meanwhile, Germany’s DAX index declined by 111.23 points (-0.47%) to 23,695.90 amid regional political uncertainties impacting investor sentiment. Overall, the European markets remained cautious with slight gains in the UK and France, but weakness in Germany reflecting the mixed outlook.
Global events/updates
French Prime Minister Francois Bayrou and his centrist minority government were dismissed after losing a confidence vote in parliament, with 364 votes against and 194 in favor.
This outcome, largely anticipated, followed Bayrou’s inability to secure political support for his 2026 budget plan aimed at reducing France’s deficit. The government’s collapse deepens France’s ongoing political crisis, and President Macron is expected to appoint a new prime minister soon, though forming a stable majority remains a significant challenge.
India urged BRICS nations to address trade imbalances, highlighting that its largest trade deficits are with BRICS partners, particularly China, with which India’s trade deficit reached a record $99.21 billion in the fiscal year ending March 2025.
Indian External Affairs Minister S. Jaishankar emphasized the need for fair and transparent economic practices and called on BRICS to review trade flows among member states to find swift solutions.
The growing trade imbalance is driven by rising Chinese imports to India, and India also runs a significant deficit in its trade with Russia, mainly due to oil imports. While BRICS faces accusations of “anti-American policies” from former U.S. President Trump, India sees the bloc primarily as an economic grouping focused on cooperation rather than geopolitical rivalry.
Also read: Pharma stock jumps 3% after receiving ₹6,160 Cr upfront payment from AbbVie
Stock news
Oval Projects Engineering Ltd: Received a new Letter of Award (LOA) from M/s North East Gas Distribution Company Limited for Composite Works for Construction of CGS / CUM Mother Station at Anandnagar in the State of Tripura, GA, havingan order value amounting to Rs. 3.77 crores.
Titan Intech Ltd: The Board of Directors approved raising up to ₹49.5 crore through a Rights Issue of equity shares at face value of ₹1 each, at par or premium, for eligible shareholders on the record date.
Waaree Renewable Technologies Ltd: Received a Letter of Award (LOA) from its group company for executing a turnkey EPC contract for a 870 MWac / 1218 MWp grid-connected ground-mounted solar power project. The project, valued at approximately ₹1,252.43 crore, is to be completed in FY 2026-27.
Exhicon Events Media Solutions Ltd after signing an MoU with India Exposition Mart Ltd to jointly develop and manage world-class Exhibition & Convention Centers in Tier-2 Indian cities under the PPP model. Each project, worth ₹300–700 crore, promises long-term recurring revenue. With potential opportunities totaling ₹2,000–4,000 crore over 3–5 years.
Spright Agro Limited: The company will hold a meeting on Thursday, 18 September 2025, to consider and approve, subject to approvals, the issuance of bonus equity shares in the ratio of 10:1.
Jio Financial Services Limited and Allianz Europe B.V. formed a new joint venture company called Allianz Jio Reinsurance Limited to operate in the reinsurance business. The company will invest Rs.2.50 lakh for 50 percent ownership through 25,000 equity shares valued at Rs.10 each.
Dev Information Technology: The company’s unit, Dev Accelerator Limited, announced that its IPO will open on September 10, 2025, price band of ₹ 56 – ₹ 61 per Equity Share. And the overall issue amount is ₹143.35 crore.
Knowledge Marine & Engineering Works Limited: The company has received a work order by Deendayal Port Authority (“DPA”) for the execution of “Dredging in Approach Channel, Turning Circle, Berth Pockets surrounding Landing Pontoon, etc.
Bikaji Foods International Ltd: Received a summon from the Directorate of Enforcement, Ministry of Finance, India, requiring the Managing Director to appear in connection with an investigation under the Prevention of Money Laundering Act (PMLA).
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| Gujarat Fluorochemicals Ltd (8.1%) | Jaiprakash Power Ventures Ltd. (-3.80%) |
| Affle 3I Ltd. (7.0%) | Supreme Industries Ltd. (-3.41%) |
| Action Construction Equipment Ltd. (6.4%) | Balrampur Chini Mills Ltd. (-3.01%) |
| Intellect Design Arena Ltd. (6.3%) | Gujarat Mineral Development Corporation Ltd. (-3.00%) |
| RailTel Corporation of India Ltd. (5.9%) | One97 Communications Ltd. (-2.94%) |
Conclusion: The Indian stock market showed positive momentum today, with key indices closing higher. The Nifty 50 and Sensex both gained 0.39%, reflecting broad-based investor confidence, while Bank Nifty showed modest gains of 0.05%, indicating a relatively stable performance in the banking sector.
Written by Manideep Appana
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