6 days ago

Indian Stocks Face Weak Opening as Key Company Triggers Emerge

Indian Stocks Face Weak Opening as Key Company Triggers Emerge
Stocks to watch: Jio Financial Services, BEL, Tata Power among shares to be in focus today. Details here · livemint.com

Indian share prices went down on Wednesday.

Investors were taking some profits before important United States inflation data was released.

A market indicator called Gift Nifty suggested that prices might start lower in the next session.

Monthly expiry could make trading more unpredictable later in the day.

Jio Credit, part of Jio Financial Services, said its lending business grew strongly.

Bharat Electronics received new defence orders worth ₹730 crore.

GK Energy won a large rooftop solar project.

Tata Power said it would appeal a court decision involving arbitration awards.

Other companies were highlighted because of penalties, tax notices, investments, or new clean-energy agreements.

Key facts

Sensex close
77,472.94, down 183 points or 0.24%.
Nifty 50 close
24,207.75, down 127 points or 0.52%.
Jio Credit AUM
Above ₹30,000 crore in Q1 FY27, up 163% year on year.
Jio Credit disbursements
₹11,252 crore in Q1 FY27, up 173% year on year.
Bharat Electronics orders
Additional orders worth ₹730 crore since the previous disclosure on August 10.
GK Energy project
A ₹455-crore project to install rooftop solar systems across 1 lakh households.
Tata Power appeal
The company plans to appeal the Singapore court ruling within the stipulated 28-day period.
Juniper Green Energy PPA
A 25-year agreement with SJVN for a 50 MW FDRE project at ₹4.25 per unit.

Quotes

Hariselvan Radhakrishnan

Founder and CEO of HST Wealth

“Indian markets are positioned for a largely flat opening on Thursday, with the day's direction likely to be shaped more by domestic positioning than by global cues. The Sensex monthly expiry is expected to bring additional position adjustments and could amplify price moves towards the final hour, making the opening trend less reliable as a guide to the eventual close.”
livemint.com

Sources

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