Nifty 50 opened at 24,802.60, up 61.60 points (0.25%) from its previous close of 24,741. Bank Nifty opened at 54,215.40, gaining 100.80 points (0.19%) from the prior close of 54,114.55. Sensex opened at 80,904.40, rising 193.60 points (0.24%) compared to the previous close of 80,710.76. GIFT Nifty is currently trading at 24,880.
Global index as on 8 September 2025
- Global markets ended mixed, with U.S. equities retreating as the Dow Jones slipped 0.48 percent, the S&P 500 lost 0.32 percent, and the Nasdaq edged down 0.03 percent.
- In Europe, weakness persisted with the FTSE 100 easing 0.09 percent and Germany’s DAX falling 0.73 percent. By contrast, Asian markets were more resilient, as Japan’s Nikkei 225 surged 1.42 percent, marking a strong performance.
- DOW 30 declined by 220.43 points (-0.48%), closing at 45,400.90.
- S&P 500 dropped by 20.58 points (-0.32%), ending at 6,481.50.
- NASDAQ slipped by 7.31 points (-0.03%), settling at 21,700.40.
- FTSE 100 fell by 8.66 points (-0.09%), closing at 9,208.21.
- DAX saw a significant drop of 173.35 points (-0.73%), ending at 23,597.00.
- Nikkei 225 rose by 611.79 points (+1.42%), trading at 43,630.54
Commodities Update
- Gold: Currently trading at Rs. 10,848 per gram.
- Silver: Down by Rs. 0.10, now at Rs. 127.90 per gram.
- Crude Oil: Prices have risen by 1.13%, reaching 66.075, compared to the previous close of 65.325.
Global events/updates
- China’s export and import growth slowed in August, reflecting softer global and domestic demand despite a temporary tariff truce with the U.S. Exports rose 4.4% year-on-year, the weakest pace since February and below expectations, partly due to last year’s high base and fading front-loading of orders ahead of potential tariffs.
- Imports grew 1.3%, also missing forecasts, as weak domestic demand persisted amid a property slump and job insecurity. Meanwhile, last month’s U.S.-China agreement extended their tariff truce for 90 days, keeping U.S. tariffs on Chinese goods at about 55% and China’s countertariffs at 30%.
- U.S. jobs report for August showed a sharp slowdown in hiring with only minimal employment gains and the unemployment rate rising to 4.3 percent, highlighting underlying economic weakness and continued uncertainties from trade policies.
- Amid the ongoing tariff tensions, Bessent warned of potentially massive refunds if key levies are ruled illegal, creating further ambiguity for businesses. President Trump added to trade friction by threatening a probe to challenge and possibly overturn EU-imposed fines.
- Despite this backdrop of negative headlines, U.S. markets remained positive for the week, although they closed lower on Friday. This week’s focus will turn to new inflation data, which investors view as crucial for steering future monetary policy decisions.
Stocks to watch
- SIS is set to acquire a 51% stake in A P Securitas for Rs 73.40 crore, with plans to purchase the remaining shares by 2029 to achieve full ownership.
- Aegis Logistics has expanded its storage capacity by 61,000 kilolitres, effective September 6, 2025, through an investment of Rs 99.88 crore.
- Imagicaaworld Entertainment has purchased a 6.65 MW solar power plant located in Mandrup, Solapur, Maharashtra, from Giriraj Enterprises for a cash consideration of Rs 16 crore.
- Adani Power, in partnership with Druk Green Power, has entered into an agreement to jointly develop a 570 MW hydroelectric project at Wangchhu in Bhutan.
- Lupin underwent a Pre-Approval Inspection by the US FDA at its manufacturing site in Chhatrapati Sambhajinagar, which concluded with two observations; the company will address these within the prescribed timeline.
- Swelect Energy has successfully completed the sale of 3 lakh shares in Gem Sugars as part of its divestment strategy.
- CESC has set an ambitious target to double its net profit within the next five years.
- ACME Solar Holdings is acquiring 100% ownership of AK Renewable Infra for a total consideration of Rs 79.25 crore.
- Max Estate’s Board of Directors has approved the acquisition of Base Buildwell, securing development rights over a 7.25-acre land parcel in Gurugram.
- Dr Reddy’s Laboratories underwent a Good Manufacturing Practices inspection by the US FDA at its API facility in Mirfield, West Yorkshire, UK, resulting in a Form 483 issued with seven observations that the company will work to resolve.
- Time Technoplast has signed an agreement to acquire a 74% stake in Ebullient Packaging, with the transaction valued at an enterprise value of approximately Rs 200 crore.
- Mastek’s subsidiary has been selected as a supplier under the Digital Technical Clinical Support Framework Agreement by NHS London Procurement Partnership, aimed at supporting the NHS and public healthcare organizations in delivering advanced digital clinical services.
- UNO Minda plans to invest up to Rs 4.75 crore in a special purpose vehicle (SPV).
- Zaggle Prepaid has collaborated with Pernod Ricard India to launch the Pernod Ricard India Propel Reward Platform.
- Shyam Metalics shared its August business update, reporting a 32.8% year-on-year rise in stainless steel sales, while aluminium foil sales fell by 3.7% YoY and carbon steel sales dropped by 2.1% YoY.
- Kaynes Technology India has bolstered its position in the AR/AI wearables market by integrating the core team of Mustard Smartglasses into its operations.
- Ratnamani Metals & Tubes is acquiring the remaining 40,000 shares of its subsidiary, Ratnamani Trade EU AG, Switzerland, from Technoenergy AG for €400,000.
- Colab Platforms is acquiring a 51% stake in Indiaoneonline Synergies to strengthen its business presence.
- Ramkrishna Forgings’ subsidiary has secured the First Motion Order from the National Company Law Tribunal (NCLT) for the merger of its wholly-owned entities, Mal Metalliks Private Limited and Multitech Auto Pvt. Ltd.
- Colgate has signed an agreement with the Trained Nurses Association of India to incorporate oral health into the primary healthcare framework.
- Aurionpro Solutions is acquiring Singapore-based fintech firm InfrariskSg Pte Ltd for Rs 7 crore, by issuing up to 48,134 preferential shares priced at Rs 1,454.30 per share.
- Hubtown has signed a share purchase agreement with GVFL Trustee to acquire stakes in four companies for Rs 16 crore.
- Life Insurance Corporation of India (LIC) expects the recent GST reduction on insurance premiums to have a minimal impact, estimated at less than 0.5% on its embedded value.
- Elpro International has acquired 2.5 lakh shares of RBL Bank for a total of Rs 6.92 crore.
- NTPC Green Energy has signed an MoU with V. O. Chidambaranar Port Authority to set up a green hydrogen fueling station.
- Tata Steel received an extension of stay from the Orissa High Court on a Rs 1,902 crore tax demand related to the Sukinda Chromite Block, with the next hearing scheduled for October 9, 2025.
- Aurobindo Pharma’s Telangana manufacturing facility received a Form 483 with eight observations from the US FDA following an inspection between August 25 and September 5, 2025.
- Bharat Heavy Electricals (BHEL) has entered into a 10-year exclusive MoU with Horizon Fuel Cell Technologies to jointly develop hydrogen fuel cell-based rolling stock solutions.
- Zydus Lifesciences received four observations from the US FDA after an inspection of its Gujarat manufacturing facility.
- Lloyds Metals & Energy plans to issue 19.57 lakh preferential shares to Adler Industrial Services Private Limited as part of a share swap arrangement to acquire a 49% stake in Thriveni Pellets Private Limited.
- Tata Motors announced a price reduction of up to Rs 1.45 lakh on passenger vehicles, effective from September 22.
- Ashok Leyland has collaborated with Punjab Gramin Bank to offer vehicle financing solutions, providing tailored financial plans with flexible repayment terms.
SpiceJet Q1 Consolidated YoY Performance
The airline company reported a loss of Rs 233.8 crore, compared to a profit of Rs 158.3 crore in the same period last year.
Revenue declined by 34.4% to Rs 1,120.2 crore from Rs 1,708.2 crore year-on-year.
Bulk and Block Deals
Prime Focus
- A consortium including Ramesh Damani, Madhusudan Kela’s Singularity AMC, Utpal Sheth, FE Securities, and Samyak Enterprises has collectively acquired a 3.3% stake in Prime Focus for Rs 146.2 crore.
- Singularity Large Value Fund I, II, and III which is managed by Madhusudan Kela and his son Yash Kela purchased 62.5 lakh shares (2.01%) at Rs 142.55 per share.
- Additionally, Ramesh Shrichand Damani and Utpal H. Sheth acquired 8 lakh shares and 17.5 lakh shares, respectively, at the same rate.
- FE Securities and Samyak Enterprises bought 14.55 lakh shares each.
- On the other hand, Marina IV (Singapore) divested 48.06 lakh shares (1.55%), and Augusta Investments I sold 54.48 lakh shares (1.75%), both at Rs 142.55 per share.
- As of June 2025, Augusta Investments I’s holding stood at 8.86%, while Marina IV (Singapore) held a 7.55% stake in Prime Focus.
Zee Media Corporation
- Promoter entity Auv Innovations LLP purchased 50 lakh shares (0.8%) of Zee Media from Miloeux Media & Entertainment at Rs 12.37 per share.
Tourism Finance Corporation of India (TFCI)
Aditya Kumar Halwasiya, serving as a Non-Executive Director, has acquired a total of 12 lakh shares, comprising 6.7 lakh shares at Rs 346 each and 5.3 lakh shares at Rs 345.53 each. This investment represents a 1.29% stake, valued at approximately Rs 41.49 crore.
Stock Trades Ex-Bonus
- Hamps Bio
Stock Trades Ex-Date for Split
- Titan Intech
Stocks Trade Ex-Dividend
- Taj Gvk Hotels & Resorts
- Bella Casa Fashion & Retail
- Bhagwati Autocast
- Birla Corporation
- Gujarat State Fertilizers & Chemicals
- Haldyn Glass
- Steel Authority of India
- Shivalik Bimetal Controls
- RBL Bank
- HFCL
- Hindustan Hardy
- India Tourism Development Corporation
- Jash Engineering
- Manaksia Coated Metals & Industries
- Manali Petrochemicals
- Hisar Metal Industries
- Housing & Urban Development Corporation
- ISGEC Heavy Engineering
- Tamilnadu Petroproducts
- KDDL
- Lehar Footwears
- Manaksia Aluminium Company
- Mangal Compusolution
- BLS International Services
- BLS E-Services
- Dilip Buildcon
- Aeroflex Enterprises
- Apollo Micro Systems
- Divgi Torqtransfer Systems
- Filtra Consultants and Engineers
- Rico Auto Industries
- R M Drip and Sprinklers Systems
- Tega Industries
- Acknit Industries
- Titagarh Rail Systems
Stock Trades Ex-Date for Rights
- Starlineps Enterprises
Stock in F&O ban
- RBL Bank
FII and DII market activity
In the cash market, Foreign Institutional Investors (FIIs) were net sellers with an outflow of ₹1304.91 crore, while Domestic Institutional Investors (DIIs) were net buyers, investing ₹1821.23 crore.
In the derivatives segment for FIIs:
- FII Index Futures recorded a net sell of ₹520.2 crore.
- FII Stock Futures saw a net sell of ₹96.65 crore.
- FII Index Options witnessed significant buying activity, with a net buy of ₹5895.48 crore.
- FII Stock Options showed net selling of ₹625.02 crore.
Written by Manideep Appana
