Nifty 50 opened at 24,563.35, down 21.70 points (−0.09%) from its previous close of 24,585.05. Bank Nifty began at 55,441.10, slipping 69.70 points (−0.13%) from 55,510.75. Sensex opened at 80,508.51, down 95.57 points (−0.12%) from 80,604.08. Gift Nifty is trading at 24,616.
Global index as on 12 August 2025:
- DOW 30: The DOW 30 decreased by 200.52 points, a change of -0.45%.
- S&P 500: The S&P 500 decreased by 16.00 points, a change of -0.25%.
- NASDAQ: The NASDAQ decreased by 64.62 points, a change of -0.3%.
- FTSE 100: The FTSE 100 increased by 33.98 points, a change of +0.37%.
- DAX: The DAX decreased by 81.52 points, a change of -0.34%.
- NIKKEI 225: The NIKKEI 225 increased by 761.33 points, a change of +1.85%.
Commodities Update:
- Gold: Currently trading at Rs. 10,227 per gram.
- Silver: Down by Rs. 0.10, now at Rs. 116.90 per gram.
- Crude Oil: Prices have risen by 0.39%, reaching 66.545, compared to the previous close of 66.285.
Global events/updates:
- Prime Minister Narendra Modi spoke with Ukrainian President Volodymyr Zelenskyy, exchanging views on recent developments.
- Modi reiterated India’s consistent stance advocating for an early and peaceful resolution to the ongoing conflict.
- U.S. President Donald Trump announced a 90-day extension of the pause on China tariffs, with all other terms of the China agreement unchanged, and confirmed that gold will remain un-tariffed.
Stocks to watch:
- Adani Enterprises: The company’s subsidiary has entered into an agreement to acquire a 100% stake in Indamer Technics. Additionally, Adani Defence & Aerospace has formed a partnership with Prime Aero to broaden its aviation MRO presence.
- ESAF Small Finance Bank: A robbery took place at the ESAF Small Finance Bank branch in Sihora, Jabalpur, resulting in the theft of gold and valuables valued at Rs 14 crore. The bank has assured that the loss is fully insured and confirmed that the incident will not affect its operations.
- Jaykay Enterprises: The company’s subsidiary has received a letter of intent worth Rs 95 crore from BrahMos Aerospace Private Limited and another letter of intent valued at Rs 15.9 crore from Bharat Dynamics.
- Astral: The company plans to acquire an 80% stake in Nexelon Chem for Rs 120 crore.
- Lloyds Enterprises: The company has approved a rights issue of 25 crore shares, totaling Rs 992 crore, priced at Rs 39 per share.
- Indian Overseas Bank: The bank has reduced its MCLR by 10 basis points across all tenures and lowered its base rate by 20 basis points to 9.8%, effective from August 15.
- SEAMEC: The company has secured a vessel charter contract worth Rs 61.13 crore with A.D. Engineers & Contractors LLP for its vessel SEAMEC III.
- Ceigall India: The company emerged as the lowest bidder for a Rs 225 crore project related to the development of a Bulk Drug Park.
- Bank of Baroda: The bank has implemented a reduction in MCLR rates across all tenures.
- Refex Industries: The company has increased its ownership in its subsidiary, VRPL, by 8.5% through a capital infusion.
- Lodha Developers: The company has approved the issuance of Non-Convertible Debentures and raised its fundraising limit from Rs 3,000 crore to Rs 5,000 crore.
- Indian Hotels: The company acquired a 51% stake in ANK Hotels for Rs 110 crore and a 51% stake in Pride Hospitality for Rs 94 crore.
- Tilaknagar Industries: The company plans to expand its Prag Distillery’s capacity from 6 lakh to 36 lakh cases annually, investing Rs 25 crore in capital expenditure.
- Rainbow Children’s Medicare: The company has acquired a 76% stake in Pratiksha Women & Child Care Hospital for Rs 126 crore, along with 100% of its Non-Convertible Redeemable Preference Shares valued at Rs 41.04 crore.
- NELCO: The company entered into an agreement with Eutelsat to provide OneWeb’s low Earth orbit satellite connectivity services in India.
Written by Manideep Appana
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