Nifty 50 opened at 24,899.50, down 68.30 points (−0.27%) from the previous close of 24,967.75. Bank Nifty started at 54,999.05, lower by 140.25 points (−0.25%) compared to its last close of 55,139.30. Sensex opened at 81,377.39, slipping 258.52 points (−0.32%) from the previous close of 81,635.91. Gift Nifty is trading at 24,910.
Global index as on 26 August 2025
- The DOW 30 dropped by 349.27 points to 45,282.50, a decrease of 0.77%.
- The S&P 500 decreased by 27.59 points to 6,439.32, down 0.43%.
- The NASDAQ Composite lost 47.24 points to close at 21,449.30, down 0.22%.
- The FTSE 100 gained 12.20 points to reach 9,321.40, up 0.13%.
- The DAX fell by 89.97 points to 24,273.10, a decrease of 0.37%.
- The NIKKEI 225 declined 453.29 points to 42,354.53, a decrease of 1.06%.
Commodities Update
- Gold: Currently trading at Rs. 10,150 per gram.
- Silver: Up by Rs. 0.10, now at Rs. 121.10 per gram.
- Crude Oil: Prices have fallen by 0.28%, reaching 67.895, compared to the previous close of 68.085.
Global events/updates
- Fed Governor Lisa Cook: Speculation is growing that she could be removed from her role over allegations of making “false statements” tied to mortgage agreements.
- Tech and Tariffs: Trump has signaled plans to act against countries that “target” U.S. tech firms, warning of new tariffs unless they roll back “discriminatory” digital taxes and regulations.
- Foreign Relations: He indicated the possibility of visiting China this year and suggested that an agreement has already been reached with South Korea.
- Prime Minister Narendra Modi has appealed to Indian citizens and businesses to prioritize “Made in India” goods. He encourages people to choose products manufactured within the country, such as decorative items and gifts. He also urges businesses to stop selling items sourced from other countries, stating that these actions can significantly contribute to the nation’s progress and prosperity.
Stocks to watch
- Sai Life Sciences: US private equity firm TPG, a key public shareholder, is set to fully exit its stake in the company through a bulk deal worth Rs. 2,640 crore. Its affiliate, TPG Asia VII SF Pte, will sell its 14.72% holding at Rs. 860 per share, representing a 5.2% discount to the last NSE closing price.
- Protean E-gov: Secured an order worth Rs. 1,160 crore from the Unique Identification Authority of India (UIDAI) to set up and operate district-level Aadhaar Kendras.
- Sona BLW Precision: Obtained PLI certificates for three products two for traction motors used in electric 3-wheelers and one for electric 2-wheelers.
- Mazagon Dock Shipbuilders Ltd: Denied media reports regarding Rs. 70,000 crore submarine project talks with Germany’s Thyssenkrupp, clarifying that no discussions with the Defence Ministry have taken place since January 2025.
- One 97 Communications: Announced plans to infuse up to Rs. 300 crore into subsidiary Paytm Money and Rs. 155 crore into Paytm Services via a rights issue.
- Shree Refrigerations: Won a Rs. 106.6 crore defence contract from Hindustan Shipyard Limited for HVAC systems.
- NHPC: Expects to commission the remaining capacity of its 300 MW Karnisar Solar Project by Sept 30. So far, 214.28 MW has already been operationalized.
- Tata Communications: Issued commercial paper worth up to Rs. 700 crore.
- Nazara Technologies: Approved an unsecured loan of up to Rs. 15 crore to subsidiary Nazara Technologies UK. The board has also cleared a proposal allowing loans of up to Rs. 100 crore to the unit.
- Strides Pharma Science: Step-down subsidiary Apollo Life Sciences Holdings has voluntarily deregistered in South Africa.
- IRB Infrastructure: Subsidiary VM7 Expressway obtained a provisional completion certificate for the 8-lane Gandeva–Ena expressway project.
- ONGC: Started natural gas production and sales from a small field block in Rajasthan.
Written by Manideep Appana
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