News
Global
Japan to release treated water from Fukushima plant starting August 24, containing tritium, after filtering out contaminants.
Concerns arise over potential environmental and health impacts, despite IAEA approval and Japan’s assurances; China imposes import restrictions.
BRICS summit in Johannesburg unites Brazil, Russia, India, China, and South Africa to counter Western dominance; 25% of the global economy is represented.
Theme “BRICS and Africa” focuses on diplomacy amidst US, Russia, and China influence; challenges include expanding membership and managing diverse interests.
India
Tata Power partners with Tata Motors for a 9MWp solar plant, boosting Uttarakhand’s largest on-campus solar facility; reports 29% increase in Q2 net profit at Rs 1,140.97 crore.
Foreign investors inject $1.11 billion into Indian equities in August, despite global volatility; India’s resilient investment, real estate, and stable currency attract attention.
Indian markets were down by 2.4% in August, and Sensex and Nifty were both affected; foreign portfolio investors favor high-risk stocks; positive domestic equity flows amid US bond yield concerns.
Adani Power gains 5%, eyes thermal capacity expansion to 21,110 MW by FY29; net senior debt projection shared; stock returns 107.23% over 6 months.
Bharat Forge stock reaches record high, secures two export orders worth Rs 850 crore through defense subsidiary; poised to become a significant defense exporter.
Paytm’s parent company invests in AI software for risk detection and fraud prevention; CEO highlights financial inclusion efforts; lending platform’s success noted; merchant subscription grows.
GAIL India is fined Rs 2.71 lakh each by NSE and BSE for non-appointment of the requisite number of independent directors
Vimta Labs: Promoter Sujani Vasireddi sold 18,234 shares on Aug. 17
SJS Enterprises: Promoter Evergraph Holdings and investor Sanders Consulting are set to sell a combined 30% stake in SJS Enterprises.
Shriram Properties: Omega TC Sabre Holdings sold 18 lakh shares (1.1%) at Rs 75.43 apiece.
Global Markets
| Country | Indices | Change% |
| US | DOW 30 | -0.11% |
| S&P 500 | +0.69% | |
| NASDAQ | +1.56% | |
| UK | FTSE | -0.06% |
| Germany | DAX | +0.19% |
| Japan | Nikkei 225 | +0.37% |
| China | Shanghai | -1.24% |
| Country | Futures | Change% |
| US | DOW 30 | +0.22% |
| S&P 500 | +0.55% | |
| NASDAQ | +0.41% | |
| UK | FTSE | +0.10% |
| Germany | DAX | -0.57% |
| India | Gifty Nifty | +0.01% |
FTSE Opened slightly gapped up and broke the day high and continued to rally.
Indian Market
Morning
The market opened slightly gap up and consolidated in the tight range the whole day.
Bank Nifty today was more volatile than Nifty.
After European Markets Opened
Nifty continued to remain in consolidation even after the European market opened gapped up and moved higher.
Institutional Data
| Cash Market | FII: -₹1,901.1 Cr | DII: +₹626.3 Cr | Bearish |
| Index Futures | +₹212.0 Cr | Bullish | |
| Index Options Day Activity | Net Call: 17,002 Qty | Net Put: -33,270 Qty | Bullish |
| Index Options Overall | Net Calls: 2.14L | Net Put: 2.51L | Mixed |
| PCR | 0.76 | Bullish | |
Market Outlook For Tommorrow
The global scenario looks bearish, On Monday flat to gap down opening, we can take bearish trade
If Gap up above 19300, we can plan bullish trade.
Today Bank Nifty fell even though Nifty was in the Range only.
The overall structure is still Bearish.
We can plan sideways to bearish trade in bank nifty
Today Trading Activity
Entered In the morning in Bank nifty 44100 straddle with the neutral view as we planned in yesterday’s post-market report.
After the day low is broken done some adjustments.
Today side ways bet given good profit earned around 0.6% of total capital deployed.