Indian equities fell after the US announced harsher sanctions against Iran, with the Sensex down about 200 points and the Nifty below 24,150. IT and metal stocks led declines, while analysts expect the Nifty to remain rangebound between support near 24,150 and resistance around 24,500.
11:53 PMEconomic Times83 stories from 4 sources
Sanctions pressure markets as IPO demand stays strong
Day’s Recap
Supporting Articles

US Treasury Secretary Scott Bessent has threatened economic punishment against countries that continue doing business with Iran. The warning raises concerns about how India’s trade ties with Iran could affect its currency and financial markets.
10:48 PMBloomberg Markets
India has ended its years-long wheat export ban, reopening supplies from one of the world’s largest producers as Russia-Ukraine attacks disrupt global grain trade.
5:08 AMBloomberg Markets
Tata Consultancy Services has won a $1.5 billion contract to deploy artificial intelligence systems for Porsche.
11:01 PMCNBCIndia's new auction-based closing price system will face its first monthly derivatives expiry, bringing stock futures and options into the test. Introduced on August 3, the mechanism has already handled regular sessions and a weekly expiry amid concerns about volatility and possible manipulation.
11:17 PMEconomic Times
Indian traders are preparing for the first monthly derivatives expiry under an auction-based system for end-of-day stock prices. The mechanism has drawn criticism after sharp price swings and allegations of manipulation.
9:30 PMBloomberg MarketsThe government plans to sell a 3% stake in Hindustan Copper through an offer for sale, with bidding opening for non-retail investors on August 25 and for retail investors afterward. The floor price is set at Rs 514, about 10% below the prior close, and the government may sell an additional 3% if demand is strong.
11:30 PMEconomic TimesTempsens Instruments is expected to announce allotment for its Rs 650 crore IPO on August 25 after the issue was subscribed 184.07 times. Investors can check their status through the registrar, NSE or BSE, while the grey market premium points to a potential 105% listing gain on August 28.
11:49 PMEconomic TimesAugmont Enterprises' IPO closes after attracting subscriptions of 14.46 times the shares offered, while its grey market premium points to a possible 42% listing gain. The proceeds are intended for working capital and general corporate purposes, with a planned NSE and BSE listing on August 31, 2026.
11:30 PMEconomic TimesSymbiotec Pharmalab's Rs 1,757 crore IPO was 80% subscribed by its second day, while its grey market premium indicated a potential 34% listing gain. The issue offers exposure to APIs and biotechnology and plans to use proceeds partly to reduce debt, but its valuations and return ratios remain concerns.
11:49 PMEconomic TimesSensex drops 200 points, Nifty falls below 24,150 as US announces harsher sanctions against Iran. What lies ahead?
Summary
Indian equities fell after the US announced harsher sanctions against Iran, with the Sensex down about 200 points and the Nifty below 24,150. IT and metal stocks led declines, while analysts expect the Nifty to remain rangebound between support near 24,150 and resistance around 24,500.
The sanctions have added an immediate geopolitical and energy price risk to a market already
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Iran related energy and risk shocks could determine whether the Nifty stays rangebound or enters a deeper correction.

Bessent’s Iran D-Day Threat Clouds Outlook for India’s Rupee, Stocks
Summary
US Treasury Secretary Scott Bessent has threatened economic punishment against countries that continue doing business with Iran. The warning raises concerns about how India’s trade ties with Iran could affect its currency and financial markets.
The threat turns Iran-related trade into a broader sanctions risk for India, not just a
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A tougher US sanctions posture could transmit geopolitical risk into India’s currency, energy costs, and markets.

India Lifts Wheat Export Ban in Boost to War-Hit World Trade
Summary
India has ended its years-long wheat export ban, reopening supplies from one of the world’s largest producers as Russia-Ukraine attacks disrupt global grain trade.
The decision adds a major potential source of wheat to a market facing tighter supplies
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India’s return to the export market could materially reshape global wheat availability during a period of supply stress.

Porsche inks $1.5 billion deal for AI deployment with India’s largest IT services firm Tata Consultancy
Summary
Tata Consultancy Services has won a $1.5 billion contract to deploy artificial intelligence systems for Porsche.
The deal gives TCS a major foothold in Porsche’s AI and technology transformation, while adding
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The contract provides a substantial test of whether TCS can convert AI demand into large, recurring enterprise revenue.
Closing Auction System braces for its first monthly expiry test
Summary
India's new auction-based closing price system will face its first monthly derivatives expiry, bringing stock futures and options into the test. Introduced on August 3, the mechanism has already handled regular sessions and a weekly expiry amid concerns about volatility and possible manipulation.
Monthly expiry will provide a tougher stress test because larger derivatives positions converge on closing
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The session will test whether the new closing process can handle concentrated expiry flows without destabilising stock prices.

India’s New Stock Auction System Faces First Monthly Expiry Test
Summary
Indian traders are preparing for the first monthly derivatives expiry under an auction-based system for end-of-day stock prices. The mechanism has drawn criticism after sharp price swings and allegations of manipulation.
The expiry will test whether the new pricing process can handle concentrated derivatives activity without
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The result could affect trading costs, hedging reliability and regulatory scrutiny across India’s derivatives market.
Hindustan Copper shares fall 6% as govt opens OFS at 10% discount
Summary
The government plans to sell a 3% stake in Hindustan Copper through an offer for sale, with bidding opening for non-retail investors on August 25 and for retail investors afterward. The floor price is set at Rs 514, about 10% below the prior close, and the government may sell an additional 3% if demand is strong.
The discounted floor price immediately resets the market's near-term valuation anchor and explains the share-price
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The OFS increases near-term supply and gives investors a government-backed entry price below the prevailing market level.
Tempsens Instruments allotment today; GMP signals 105% listing gains. Here’s how to check your status
Summary
Tempsens Instruments is expected to announce allotment for its Rs 650 crore IPO on August 25 after the issue was subscribed 184.07 times. Investors can check their status through the registrar, NSE or BSE, while the grey market premium points to a potential 105% listing gain on August 28.
The extreme oversubscription makes allotment highly selective and has amplified expectations for the listing. A
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The IPO has become a high-demand listing event, with limited allotment odds and elevated post-listing volatility.
Augmont Enterprises IPO Day 3: GMP at 42%, issue subscribed 14.46x. Should you apply?
Summary
Augmont Enterprises' IPO closes after attracting subscriptions of 14.46 times the shares offered, while its grey market premium points to a possible 42% listing gain. The proceeds are intended for working capital and general corporate purposes, with a planned NSE and BSE listing on August 31, 2026.
Demand has materially outpaced the issue size, especially among retail and non-institutional investors, but grey
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The IPO's strong subscription and grey market premium raise return expectations while increasing the risk of a sharp post-listing repricing.
Symbiotec Pharmalab IPO Day 2: GMP signals 34% upside — Should you subscribe?
Summary
Symbiotec Pharmalab's Rs 1,757 crore IPO was 80% subscribed by its second day, while its grey market premium indicated a potential 34% listing gain. The issue offers exposure to APIs and biotechnology and plans to use proceeds partly to reduce debt, but its valuations and return ratios remain concerns.
Investor interest has not yet matched the scale of the issue, despite the positive grey
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The IPO combines an attractive healthcare theme with valuation risk and unproven demand at its current pace.
Other Developments
A curated list of other prominent stories from this day.
Sumax Engineering's Rs 32 crore IPO opened on the NSE SME platform on August 25, 2026, and will remain open until August 28. Its grey market premium of Rs 32 implies a potential 32% listing gain.
11:51 PMEconomic TimesDixon Technologies is among four futures and options stocks that recorded a sharp increase in open interest. The rise represents more active, unexpired futures positions in the securities.
11:38 PMEconomic TimesAnnu Projects' Rs 175.06 crore IPO opened for bidding through August 28, with proceeds earmarked for machinery and working capital. The issue has a zero grey market premium despite strong FY26 growth, and Anand Rathi has recommended subscribing for the long term, while valuations appear full at the upper band.
11:33 PMEconomic TimesMuthoot Finance, PTC Industries, Siemens, HFCL, Zydus Wellness and Engineers India formed White Marubozu candlestick patterns during Monday's session. The pattern indicates strong buying pressure and a firm close near the day's high.
11:33 PMEconomic TimesThe update tracks Hero MotoCorp's share price after its movement signalled a break of an exponential moving average. No further price, volume or trend details are provided.
11:30 PMEconomic TimesAnil Rego says the valuation-led market correction may have largely run its course and expects a broader earnings recovery to support the next phase of gains. He favours financials, autos and industrials.
11:27 PMEconomic TimesEPL expects high-teens growth, supported by momentum in Beauty and Cosmetics, a recovery in Oral Care, and expanding operations in Thailand. Management also expects prior investments and the Indovida merger to support operating leverage and sustain underlying EBITDA margins near 20%.
11:16 PMEconomic TimesThe update provides a live check on Coal India's share price. No specific price movement, trading level or market trigger is included.
11:07 PMEconomic TimesThe article provides live updates on Reliance Industries' share price and recent trading activity. The supplied material does not include a specific price move, catalyst, or market event.
11:07 PMEconomic TimesThe article tracks live movements in Divi's Laboratories' share price and trading performance. The supplied material does not identify a specific move or the factor driving it.
11:05 PMEconomic TimesPrivate credit, REITs, InvITs, and portfolio management services are attracting greater interest from non-resident Indian investors seeking differentiated returns, contractual cash flows, and exposure to India's growth. These products broaden the investment conversation beyond traditional equities and fixed income.
11:03 PMEconomic TimesThe article provides live updates on Bharat Petroleum's share price and trading activity. The supplied material does not specify the day's price change or the event influencing the stock.
11:00 PMEconomic TimesThe article tracks live changes in Larsen & Toubro's share price and market performance. The supplied material does not provide a specific price move, order update, or earnings catalyst.
11:00 PMEconomic TimesThe article reports live updates on Power Grid Corporation's share price and trading position. The supplied material does not state the stock's actual move or identify a specific operational or policy trigger.
11:00 PMEconomic TimesThe article provides live updates on LTIMindtree's share price and trading activity. The supplied material does not include a specific price change, earnings development, or sector catalyst.
10:58 PMEconomic TimesThe article tracks live movements in Tata Steel's share price and recent trading performance. The supplied material does not identify the day's price move or the factor behind it.
10:57 PMEconomic TimesThe item is a live market update page for Cipla, but no trading data or company-specific developments were provided.
10:57 PMEconomic TimesThe item is a live market update page for State Bank of India, but no trading data or relevant market developments were provided.
10:56 PMEconomic Times
India is preparing the first tokenised corporate bond transactions in its market, using blockchain infrastructure to support near-instant settlement.
8:32 AMFinextra
A JPMorgan Chase unit facing allegations from India’s market regulator is expected to argue that any non-compliance was technical rather than an attempt to manipulate the market.
1:56 AMBloomberg MarketsSumax Engineering SME IPO opens today; GMP signals 32% listing gain
Summary
Sumax Engineering's Rs 32 crore IPO opened on the NSE SME platform on August 25, 2026, and will remain open until August 28. Its grey market premium of Rs 32 implies a potential 32% listing gain.
The premium indicates strong speculative interest at the start of the offering, but it is
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A strong grey market signal may attract investors to an SME issue while masking substantial liquidity and volatility risks.
Dixon Technologies among 4 F&O stocks with sharp OI jump
Summary
Dixon Technologies is among four futures and options stocks that recorded a sharp increase in open interest. The rise represents more active, unexpired futures positions in the securities.
The increase in open interest shows that traders are building positions, but it does not
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Rising open interest can precede a larger move, but investors need price action to determine which side is gaining control.
Annu Projects IPO opens: Check GMP, price band, and key dates. Should you subscribe?
Summary
Annu Projects' Rs 175.06 crore IPO opened for bidding through August 28, with proceeds earmarked for machinery and working capital. The issue has a zero grey market premium despite strong FY26 growth, and Anand Rathi has recommended subscribing for the long term, while valuations appear full at the upper band.
The absence of a grey market premium suggests that investors do not currently expect a
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Annu Projects is being tested on fundamental growth rather than short-term listing excitement.
Muthoot Finance among 6 stocks flashing bullish signals, hinting at a possible uptrend
Summary
Muthoot Finance, PTC Industries, Siemens, HFCL, Zydus Wellness and Engineers India formed White Marubozu candlestick patterns during Monday's session. The pattern indicates strong buying pressure and a firm close near the day's high.
The immediate shift is technical momentum, not a confirmed trend reversal. Traders may view these
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The six stocks have entered short-term momentum screens, potentially attracting additional trading interest.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Price Movement Signals EMA Break
Summary
The update tracks Hero MotoCorp's share price after its movement signalled a break of an exponential moving average. No further price, volume or trend details are provided.
An EMA break can mark a change in short-term momentum, but its importance depends on
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A sustained EMA break could alter short-term positioning in one of India's major two-wheeler stocks.
ETMarkets Smart Talk | India enters earnings-led phase; Anil Rego favours financials, autos, industrials
Summary
Anil Rego says the valuation-led market correction may have largely run its course and expects a broader earnings recovery to support the next phase of gains. He favours financials, autos and industrials.
The market's next driver is shifting from valuation expansion to delivered earnings, which raises the
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A durable rally now depends on earnings breadth rather than further expansion in already elevated valuations.
ETMarkets Management Talk| EPL’s growth story enters next gear: High-teens guidance, 20% margins and Indovida merger, explains CEO Hemant Bakshi
Summary
EPL expects high-teens growth, supported by momentum in Beauty and Cosmetics, a recovery in Oral Care, and expanding operations in Thailand. Management also expects prior investments and the Indovida merger to support operating leverage and sustain underlying EBITDA margins near 20%.
EPL is pairing an accelerated growth outlook with a clear margin target, shifting the focus
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EPL’s outlook raises the stakes for execution across its portfolio and for delivering merger-related synergies without sacrificing margins.
Coal India Share Price Live Updates: Current Price Update for Coal India
Summary
The update provides a live check on Coal India's share price. No specific price movement, trading level or market trigger is included.
The available information does not establish a new trend or fundamental change for Coal India.
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Coal India's market signal cannot be assessed reliably without the price and trading data behind the update.
RIL Share Price Live Updates: RIL's Recent Trading Insights
Summary
The article provides live updates on Reliance Industries' share price and recent trading activity. The supplied material does not include a specific price move, catalyst, or market event.
No decisive shift can be established without the underlying trading data. Investors would need the
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
RIL's size means a meaningful move can affect broader Indian equity benchmarks and sector sentiment.
Divis Labs Share Price Live Updates: Divis Labs Stock Update
Summary
The article tracks live movements in Divi's Laboratories' share price and trading performance. The supplied material does not identify a specific move or the factor driving it.
The available information does not establish whether investors are repricing earnings, regulatory risk, or broader
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Divi's is closely tied to pharmaceutical export demand and can serve as a read-through for Indian generic-drug makers.
ETMarkets NRI Talk | Why private credit, REITs and PMS are entering the NRI investment conversation, explains Sumegh Bhatia
Summary
Private credit, REITs, InvITs, and portfolio management services are attracting greater interest from non-resident Indian investors seeking differentiated returns, contractual cash flows, and exposure to India's growth. These products broaden the investment conversation beyond traditional equities and fixed income.
The shift reflects rising demand for yield and diversification as India's private markets and income-producing
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Greater NRI participation could deepen India's alternative-investment markets while increasing scrutiny of suitability, transparency, and risk disclosure.
BPCL Share Price Live Updates: Today's Price Movement for BPCL
Summary
The article provides live updates on Bharat Petroleum's share price and trading activity. The supplied material does not specify the day's price change or the event influencing the stock.
No firm market conclusion is possible without data on refining margins, fuel-pricing policy, crude prices,
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BPCL's earnings and valuation remain highly sensitive to government policy, crude prices, and refining profitability.
L&T Share Price Live Updates: L&T's Market Update
Summary
The article tracks live changes in Larsen & Toubro's share price and market performance. The supplied material does not provide a specific price move, order update, or earnings catalyst.
The key unanswered question is whether investors are changing their view of L&T's order inflow,
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L&T is a major proxy for India's infrastructure and capital-spending cycle.
Power Grid Share Price Live Updates: Power Grid's Current Market Position
Summary
The article reports live updates on Power Grid Corporation's share price and trading position. The supplied material does not state the stock's actual move or identify a specific operational or policy trigger.
Power Grid's outlook depends on regulated returns, transmission-project awards, capital expenditure, and interest rates. Investors
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Power Grid sits at the center of India's grid-expansion plans and is often valued for relatively visible, regulated cash flows.
LTIMindtree Share Price Live Updates: LTIMindtree Stock Details
Summary
The article provides live updates on LTIMindtree's share price and trading activity. The supplied material does not include a specific price change, earnings development, or sector catalyst.
The stock's significance depends on whether investors are reassessing demand, deal wins, margins, or the
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LTIMindtree's performance provides a read-through on global technology demand and India's mid-sized IT services segment.
Tata Steel Share Price Live Updates: Tata Steel Price Update
Summary
The article tracks live movements in Tata Steel's share price and recent trading performance. The supplied material does not identify the day's price move or the factor behind it.
A meaningful assessment requires data on steel prices, European operations, raw-material costs, and domestic demand.
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Tata Steel remains exposed to global steel cycles, making its share price a sensitive indicator of industrial and commodity expectations.
Cipla Share Price Live Updates: Cipla Stock Details
Summary
The item is a live market update page for Cipla, but no trading data or company-specific developments were provided.
No verified price movement, volume change, or catalyst is available in the supplied material. Investors
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Without current trading data, the update offers no actionable signal for Cipla investors.
SBI Share Price Live Updates: SBI's Current Trading Price
Summary
The item is a live market update page for State Bank of India, but no trading data or relevant market developments were provided.
The available material does not establish SBI's current price, direction, volume, or the reasons behind
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The absence of verified market data prevents a meaningful assessment of SBI's near-term trading outlook.

India set to tokenise corporate bond market - Reuters
Summary
India is preparing the first tokenised corporate bond transactions in its market, using blockchain infrastructure to support near-instant settlement.
The shift could reduce settlement delays and operational costs in corporate debt trading, but its
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Tokenisation could make India's corporate bond market faster and more efficient if the pilot expands beyond selected participants.

JPMorgan Unit to Argue India Regulatory Breach Was Technical
Summary
A JPMorgan Chase unit facing allegations from India’s market regulator is expected to argue that any non-compliance was technical rather than an attempt to manipulate the market.
The central issue is whether the regulator treats the alleged breach as a procedural failure
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The classification of the breach will determine the likely financial, legal and reputational consequences for JPMorgan in India.
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