Nifty 50 opened slightly down by 2.50 points (−0.01%) at 24,720.25, compared to its previous close of 24,722.75. Bank Nifty slipped 74.30 points (−0.13%) to open at 55,545.05, from the previous close of 55,619.35. Sensex started the session at 80,946.43, down 72.29 points (−0.09%) from its previous close of 81,018.72. Gifty Nifty is trading at 24,755.
Global index as on 5 August 2025:
- DOW 30 surged 585.06 points (+1.34%) to close at 44,173.60.
- S&P 500 advanced 91.93 points (+1.47%) to settle at 6,329.94.
- NASDAQ jumped 403.45 points (+1.95%) to end at 21,053.60.
- FTSE 100 gained 59.72 points (+0.66%) to close at 9,128.30.
- DAX rose by 331.72 points (+1.42%) to finish at 23,757.70.
- NIKKEI 225 is trading at 40,620.70 with 330.00 points up and (0.82%).
Commodities Update:
- Gold: Currently trading at Rs. 10,141 per gram.
- Silver: Down by Rs. 0.10, now at Rs. 112.90 per gram.
- Crude Oil: Prices have fallen by 0.15%, reaching 68.305, compared to the previous close of 68.405.
Global events/updates:
- Trump stated that he will raise tariffs on India ‘substantially’ over Russia.
- The US plans to increase India’s tariff rate in response to India buying Russian oil.
- Trump claims that “India is not only buying Russian oil but also selling it in the open market.”
- Government’s response regarding the Russian oil issue.
- India started importing Russian oil after the Ukraine conflict began.
- The government stated it will take all necessary measures to protect national interests.
- It called the targeting of the country unjustified and unreasonable.
Stocks to watch:
- One 97 Communications: Antfin plans to offload its remaining 5.84% stake through a block deal at Rs. 1,020 per share, amounting to a total transaction value of Rs. 3,800 crore.
- NTPC Green: A subsidiary of the company has emerged as the successful bidder in SECI’s E-Reverse auction for a green ammonia production capacity of 70,000 metric tonnes per annum.
- Network People Services Technologies: The Board has approved the preferential allotment of 14.4 lakh shares to non-promoter investors at a price of Rs. 2,074 per share, aggregating up to Rs. 300 crore.
- Varun Beverages: The company is set to increase its ownership in its South African subsidiary, The Beverage Company Proprietary, from 97.42% to 97.92%.
- BEML has received a Rs. 282 crore defence order for HMV 8X8 vehicles and signed a non-binding MoU with TuTr Hyperloop for high-speed mobility solutions.
- AGI Infra: The Board has approved a stock split, subdividing each existing share into 5 shares.
- Craftsman Automation: The company has invested Rs. 16.9 lakh in Altilium Solar 1 and Rs. 1.34 crore in Altilium Solar 3 under the Group Captive Scheme. Both entities are involved in power generation and transmission.
- Info Edge: The company will invest Rs. 25 crore in its wholly owned subsidiary, Startup Investments, to support potential investment opportunities and for general corporate purposes.
- Optiemus Infracom: The company has established a new wholly owned subsidiary named Optiemus Micro Electronics.
- Exicom Tele-Systems: The company successfully concluded its rights issue, raising around Rs. 259.41 crore through the allotment of fully paid equity shares.
- Quality Power Electrical Equipments: The company has secured an export order worth Rs. 11.5 crore for the supply of oil-filled current limiting reactors to the United States.
- Godfrey Phillips India: The Board has approved its first-ever bonus issue in the ratio of 2:1, with September 16 set as the record date.
- Kalpataru Projects: Wainganga Expressway got an NHAI termination notice over payment defaults, which the company calls baseless and not financially significant.
- Chambal Fertilizers: Jyotsna Poddar is set to acquire a 0.56% stake from Akshay Poddar on August 11.
- Amber Enterprises: The company plans to merge its subsidiary, IL JIN Electronics, with Ever Electronics.
- Triveni Turbine: The company has launched India’s first CO2-based high-temperature heat pump, capable of reaching up to 122°C and delivering a Coefficient of Performance (COP) of 6.
- Kansai Nerolac Paints: The board has approved an additional investment of Rs. 9 crore in its Sri Lankan arm, Kansai Paints Lanka.
- Kaynes Technology: A subsidiary of the company has signed an MoU with the Tamil Nadu Government, committing to invest Rs. 4,995 crore over the next six years to set up manufacturing facilities.
- Brigade Hotel Ventures: The company has entered into a Memorandum of Agreement to lease a 67,977 sq. ft. super built-up area at the World Trade Center in Chennai.
- Delta Corp: Its subsidiary, Delta Penland, has approved the acquisition of a 107-room hotel in Alibaug, Maharashtra, spanning approximately 2,239 square meters.
Written by Manideep Appana
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