1 week ago

Indian Stocks Rebound; HAL, RailTel, Tata Motors In Focus

Indian Stocks Rebound; HAL, RailTel, Tata Motors In Focus
Stocks to watch: HAL, RailTel, Tata Motors PV among shares in focus today; check list here · livemint.com

Indian share prices rose on Thursday after falling for seven trading sessions in a row.

The main Nifty and Sensex indexes both finished higher.

Buying increased in banking, finance, consumer goods and technology companies.

Investors also felt better after global bond-market concerns eased and the rupee strengthened.

However, expensive oil and tensions around the Strait of Hormuz remained risks.

Several companies could attract attention because of new business news.

RailTel won a large contract, and Tata Motors Passenger Vehicles restarted normal work after flooding.

Niva Bupa Health Insurance received a warning and temporary business restriction from the insurance regulator.

Saatvik Solar Industries won a ₹190 crore order for solar modules.

Key facts

Nifty 50
Reported to have ended 0.55% higher at 24,211; another passage cited a settlement of 24,231.
Sensex
Reported to have gained 0.75% to 77,488; another passage cited a close of 77,537.72.
RailTel contract
RailTel won a ₹164.79 crore, 60-month MPLS VPN network contract from Western Coalfields, scheduled for completion by September 2031.
Kfin Technologies block deal
General Atlantic Singapore sold 1.51 crore shares, representing an 8.8% stake, for about ₹1,400 crore.
Niva Bupa action
IRDAI warned the insurer over FY25 Expense of Management limits and barred it from opening new places of business for six months from August 19, 2026.
Saatvik Solar order
Saatvik Solar Industries accepted a ₹190 crore order from a domestic independent power producer/EPC player to supply solar PV modules.
Tata Motors operations
Tata Motors Passenger Vehicles resumed normal operations at its Sanand facilities and nearby suppliers after heavy rain and flooding.

Quotes

Ajit Mishra

SVP, Research at Religare Broking

“"Markets staged a strong rebound on Thursday, snapping their seven‑session losing streak amid supportive global cues. After a firm opening, the Nifty maintained a positive bias through most of the session, while the Sensex also advanced strongly."”
livemint.com

Sources

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