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Informist, Monday, Aug. 10, 2026

 

By Gopika Balasubramanium 

 

MUMBAI – Benchmark equity indices closed slightly higher on Monday, with both indices gaining proportionately. The indices moved in tandem after diverging following the implementation of the closing auction session at the stock exchanges last Monday. Prices discovered during the auction were volatile last week because of insufficient liquidity and a demand-supply mismatch. Monday, traders offloaded shares of state-owned banks, while buying those of real estate companies and private banks. No Nifty 50 company is scheduled to announce results Monday.

 

The 50-stock index closed at 24583.80 points, up 13.315 points or 0.1%. The index was choppy throughout the session, and moved between 24511.10 points and 24620.95 points. The BSE Sensex closed at 78542.44 points, up 43.27 points or 0.1%. While small-cap indices closed in the red, mid-cap indices gained 0.5-0.7%.  

 

Some analysts said the growing uncertainty around the opening of the Strait of Hormuz has kept the risk appetite low for investors. "Markets remained on a tight leash as uncertainty surrounding the Strait of Hormuz continued to temper risk appetite, even as encouraging corporate earnings lent support to broader sentiment," Vinod Nair, head of research at Geojit Investments Ltd., said.

 

The Nifty PSU Bank ended 1.7% lower and was the worst performer among the sectoral indices. State Bank of India stock ended over 2% lower, making the stock one of the worst performers among its peers. This was despite the bank's strong performance in the June quarter. The bank's net profit for the quarter was INR 211.21 billion, above analysts' expectations of INR 189.91 billion. Its net interest margin also expanded sequentially to 3%. A few global brokerages raised their target price on the stock by 10-11% on the back of a positive growth outlook for 2026-27 (Apr-Mar). Other public sector banks such as Bank of India, Canara Bank, and Union Bank of India ended 1-3% lower. 

 

Titan Co. closed 3% higher and was the highest gainer in the Nifty 50 index. The Tata group-owned company posted a 65% on-year jump in its net profit at nearly INR 17 billion, while its revenues grew over 24%. The net profit exceeded the Street's view by a wide margin, but the company's revenue fell significantly short of estimates. Following the results, multiple brokerages raised their target price on the stock. Emkay Global Financial Services maintained its "add" recommendation and raised the target price by 10%, while Prabhudas Lilladher and Nuvama Institutional Equities raised their target price by 4?ch.

 

Hitachi Energy India ended around 11% following its strong June quarter earnings. The company's net profit for the quarter more than doubled on year, while the top line grew at the fastest pace in 25 quarters. Both the top line and bottom line were above the Street's expectations. The management of the company said in a post-earnings analyst call that it sees strong revenue potential in the battery energy storage system operations. Hitachi Energy sees growth opportunities in battery energy storage systems, renewable integration, data centres, and grid modernisation.  

 

Shares of Power Finance Corp. ended over 8% lower after the company reported its weakest year-on-year net profit growth in Apr-Jun, since the September quarter of 2021-22 (Apr-Mar). However, the power financier beat Street estimates on net profit. The state-owned firm posted a net profit of INR 47.45 billion, higher than expectations of INR 44.88 billion.  

 

* Of the Nifty 50 stocks, 25 rose, 23 fell, and 2 were unchanged 

* Of the Sensex stocks, 18 rose, 11 fell, and one was unchanged

* On the NSE, 1,739 stocks rose, 1,703 fell, and 118 were unchanged

* On the BSE, 2,225 stocks rose, 2,226 fell, and 207 were unchanged
* Nifty Realty: up 1.4%; Nifty Private Bank: up 0.5%; Nifty PSU Bank: down 1.7%

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BSE                                            NSE

Sensex: 78542.44, up 43.27 points or 0.1%   Nifty 50: 24583.80, up 13.15 points, or 0.1%

 

S&P BSE Sensitive Index	Nifty 50
Lifetime High: 86159.02 (Dec. 1, 2025)	: Lifetime High: 26373.20 (Jan. 5, 2026)
Record Close High: 85836.12 (Sept. 26, 2024)	: Record Close High: 26328.55 (Jan. 2, 2026)
2026 1st day close: 85188.60 (Jan. 1)	: 2026 1st day close: 26146.55 (Jan. 1)
2026 Closing High: 85762.01 (Jan. 2)	: 2026 Closing High: 26328.55 (Jan. 2)
2026 Closing Low: 71947.55 (Mar. 30)	: 2026 Closing Low: 22331.40 (Mar. 30)
2026 High (intraday): 85883.50 (Jan. 5)	: 2026 High (intraday): 26373.20 (Jan. 5)
2026 Low (intraday): 71545.81 (Apr. 1)	: 2026 Low (intraday): 22182.55 (Apr.2)
2025 1st day close: 78507.41 (Jan. 1)	: 2025 1st day close: 23742.90 (Jan. 1)
2025 Closing High: 85720.38 (Nov. 27)	: 2025 Closing High: 26215.55 (Nov. 27)
2025 Closing Low: 72989.93 (Mar. 4)	: 2025 Closing Low: 22082.65 (Mar. 4)
2025 High (intraday): 86159.02 (Dec. 1)	: 2025 High (intraday): 26325.80 (Dec.1)
2025 Low (intraday): 71425.01 (Apr. 7)	: 2025 Low (intraday): 21743.65 (Apr. 7)
2024 1st day close: 72271.94 (Jan. 1)	: 2024 1st day close: 21741.90 (Jan. 1)
2024 Closing High: 85836.12 (Sept. 26)	: 2024 Closing High: 26216.05 (Sept. 26)
2024 Closing Low: 70370.55 (Jan. 23)	: 2024 Closing Low: 21238.80 (Jan. 23)
2024 High (intraday): 85978.25 (Sep. 27)	: 2024 High (intraday): 26277.35 (Sept. 27)
2024 Low (intraday): 70001.60 (Jan. 24)	: 2024 Low (intraday): 21137.20 (Jan. 24)
2023 1st day close: 61167.79 (Jan. 2)	: 2023 1st day close: 18197.45 (Jan. 2)
2023 Closing High: 72410.38 (Dec. 28)	: 2023 Closing High: 21778.70 (Dec. 28)
2023 Closing Low: 59288.35 (Feb. 27)	: 2023 Closing Low: 17311.80 (Oct. 17)
2023 High (intraday): 72484.34 (Dec. 28)	: 2023 High (intraday): 21801.45 (Dec. 28)
2023 Low (intraday): 58699.20 (Jan. 30)	: 2023 Low (intraday): 17098.55 (Jan. 17)
2022 1st day close: 59183.22 (Jan. 3)	: 2022 1st day close: 17625.70 (Jan. 3)
2022 Closing High: 63284.19 (Dec. 1)	: 2022 Closing High: 18812.50 (Dec. 1)
2022 Closing Low: 51360.42 (Jun. 17)	: 2022 Closing Low: 15293.50 (Jun. 17)
2022 High (intraday): 63583.07 (Dec. 1)	: 2022 High (intraday): 18887.60 (Dec. 1)
2022 Low (intraday): 50921.22 (Jun. 17)	: 2022 Low (intraday): 15183.40 (Jun. 17)
2021 Closing High: 61305.95 (Oct. 14)	: 2021 Closing High: 18338.55 (Oct. 14)
2021 Closing Low: 46285.77 (Jan. 29)	: 2021 Closing Low: 13634.60 (Jan. 29)
2021 High (intraday): 61353.25 (Oct. 14)	: 2021 High (intraday): 18350.75 (Oct. 14)
2021 Low (intraday): 46160.46 (Jan. 29)	: 2021 Low (intraday): 13596.75 (Jan. 29)
2020 Closing High: 47751.33 (Dec. 31)	: 2020 Closing High: 13981.95 (Dec. 30)
2020 Closing Low: 25981.24 (Mar. 23)	: 2020 Closing Low: 7610.25 (Mar. 23)
2020 High (intraday): 47896.97 (Dec. 31)	: 2020 High (intraday): 14024.85 (Dec. 31)
2020 Low (intraday): 25638.90 (Mar. 24)	: 2020 Low (intraday): 7511.10 (Mar. 24)
2019 High (intraday): 41809.96 (Dec. 20)	: 2019 High (intraday): 12293.90 (Dec. 20)
2019 Low (intraday): 35287.16 (Feb. 19)	: 2019 Low (intraday): 10583.65 (Jan. 29)
2018 High (intraday): 38938.91(Aug. 28))	: 2018 High(intraday): 11760.20 (Aug. 28)
2018 Low (intraday): 32483.8 (Mar. 23)	: 2018 Low (intraday): 9951.9 (Mar. 23)
2017 High (intraday): 34005.37 (Dec. 26)	: 2017 High(intraday): 10515.10 (Dec. 26)

 

End

 

US$1 = INR 95.30

 

Edited by Saji George Titus

 

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