GIFT Nifty Opening Update
GIFT Nifty opened today at 24,200.50. It is up 144.00 points (0.60%) from yesterday’s close of 24,090.00— so the trend is positive.
The domestic equity benchmarks continued their downward trajectory, marking a seventh consecutive session of losses in the previous trading session, as the Nifty 50 concluded below the 24,100 threshold. The Sensex declined by 325.78 points, representing a decrease of 0.42%, concluding at 76,909.68. Meanwhile, the Nifty 50 experienced a drop of 76.60 points, equivalent to 0.32%, finishing at 24,078.30. On Thursday, the market is poised for a higher opening, as indicated by the Gift Nifty index, which has signalled a positive start. Gift Nifty was positioned around the 24,208 level, reflecting a decline of more than 90.4 points from the prior closing of Nifty futures.
“Indian equity markets are expected to trade with a firmer undertone, supported by an overnight rebound on Wall Street and gains across Asian markets after easing U.S. Treasury yields improved global risk sentiment. While the recovery in overseas equities offers a constructive backdrop, persistent geopolitical uncertainty in the Middle East is likely to keep investors cautious. Early indications from GIFT Nifty futures point to a positive opening for domestic equities,” said Ponmudi R.
As the market indicates a favourable opening, certain stocks are expected to attract attention on Thursday owing to their individual positive or negative catalysts.
Equities to Monitor:
- HDFC Bank, a private lender, announced that LIC has received approval from the RBI to raise its stake from 4% to 10%.
- BSE has entered into an agreement with MSCI pertaining to multiple indexes. Subject to regulatory clearances, the exchange intends to investigate the potential launch of futures and options contracts in India that are linked to these indexes.
- Hyundai Motor India is set to increase vehicle prices by as much as 1% across its entire product range, starting in September 2026.
- HDFC Life Insurance Company announced that it has obtained approval from IRDAI for the reappointment of Vibha Padalkar as Managing Director and Chief Executive Officer for an additional five-year term, commencing September 12, 2026.
- Oil India has established September 4, 2026, as the record date for the final dividend for FY26, a decision made by its board during the meeting held on May 13, 2026.
- Aditya Infotech’s board of directors has sanctioned a proposal to raise up to Rs 1,500 crore via the issuance of equity shares.
- Astra Space Technologies, a wholly owned subsidiary of Astra Microwave Products, has received approval from the Registrar of Companies under the Ministry of Corporate Affairs to transition its status from a private limited company to a public limited company.
- Engineers India has designated September 24, 2026, as the record date to ascertain shareholders’ eligibility for the final dividend for FY26, contingent upon the approval of the payout by members at the company’s annual general meeting.
- Federal Bank – A subsidiary of Federal Bank announced that its board will evaluate a proposal to raise up to Rs 2,500 crore via debt instruments, including non-convertible debentures, during its meeting set for August 25, 2026.
