Morning Brief: Nifty Dips 0.14% to 24,219 Amid Geopolitical Tensions; FIIs Turn Net Buyers | 25 Aug 2026, 08:15 AM IST
By ThePip Desk
Indian equities dipped, with Nifty closing at 24,219.05, amidst geopolitical concerns. FIIs turned net buyers, infusing ₹1,181 crore into the market.
Indian equity benchmarks closed lower on Monday, with key indices paring early gains due to persistent geopolitical tensions and elevated crude oil prices. Despite the cautious sentiment, Foreign Institutional Investors (FIIs) returned as net buyers, while Domestic Institutional Investors (DIIs) continued their buying streak.
Market Snapshot
| Index | Last |
|---|---|
| NIFTY | 24,219.05 (-0.14%) |
| BANKNIFTY | 57,525.95 (-0.41%) |
| NIFTYMIDCAP | 63,817.25 (+0.13%) |
Institutional Flows
Foreign Institutional Investors (FIIs) were net buyers on Monday, injecting ₹1,181.66 crore into Indian equities. Domestic Institutional Investors (DIIs) also remained net buyers, with an inflow of ₹2,493.41 crore. This marks a positive shift for FIIs after two consecutive sessions of net selling.
| Date | FII Net (₹ Cr) | DII Net (₹ Cr) |
|---|---|---|
| 2026-08-24 | +1,181.66 | +2,493.41 |
| 2026-08-21 | -542.71 | +2,124.14 |
| 2026-08-20 | -583.36 | +3,537.71 |
Breaking down the FII activity, equity saw a net inflow of ₹1,974.45 crore, while debt markets experienced a net outflow of ₹388.43 crore on Monday.
Sector Performance
Nifty Realty and Nifty IT led the gains among sectors, while PSU Banks and Financial Services faced selling pressure.
| Sector | Last |
|---|---|
| Nifty Realty | 917.10 (+0.60%) |
| Nifty IT | 30,596.90 (+0.21%) |
| Nifty FMCG | 47,527.80 (+0.04%) |
| Nifty Pharma | 26,339.30 (-0.08%) |
| Nifty Auto | 29,101.30 (-0.08%) |
| Nifty Financial Services | 26,158.50 (-0.39%) |
| Nifty PSU Bank | 8,539.75 (-0.93%) |
Top Movers
Metal and IT stocks were among the top gainers, while insurance and financial services companies were notable losers.
Gainers
| Symbol | Company | Last |
|---|---|---|
| JSWSTEEL | JSW Steel Ltd. | 1327.00 (+2.57%) |
| HINDALCO | Hindalco Industries Ltd. | 1058.50 (+2.37%) |
| TATASTEEL | Tata Steel Ltd. | 186.30 (+1.80%) |
| HCLTECH | HCL Technologies Ltd. | 1322.00 (+1.50%) |
| DRREDDY | Dr. Reddy’s Laboratories Ltd. | 1190.00 (+1.30%) |
Losers
| Symbol | Company | Last |
|---|---|---|
| SBILIFE | SBI Life Insurance Company Ltd. | 1761.80 (-1.73%) |
| BAJFINANCE | Bajaj Finance Ltd. | 1077.00 (-1.64%) |
| ADANIPORTS | Adani Ports and Special Economic Zone Ltd. | 1672.10 (-1.64%) |
| BAJAJFINSV | Bajaj Finserv Ltd. | 2001.70 (-1.52%) |
| BEL | Bharat Electronics Ltd. | 409.00 (-1.21%) |
Global Cues
Asian markets settled lower on Monday, influenced by caution ahead of key US inflation data and Federal Reserve Chair Kevin Warsh’s Jackson Hole speech. Chinese markets declined as participants awaited details from the National People’s Congress Standing Committee meeting, expecting fresh policy support amidst underwhelming economic data. Geopolitical tensions, particularly concerning new US sanctions on Iran and its potential impact on Gulf oil exports, also kept investors wary.
Currency and Bond Markets
The Indian Rupee showed mild strength against the US dollar, ending at 95.70 on Monday, a gain of 1 paisa from its previous close. Meanwhile, bond yields traded higher, with the new 10-year Government Stock yielding 6.86%, up 2 basis points from Friday’s close.
Economy and Macro Developments
India and Finland are exploring deeper business and technology partnerships in the circular economy, aiming for resource-efficient and sustainable growth. The Directorate General of Foreign Trade (DGFT) has amended the Foreign Trade Policy to facilitate easier invoicing and rupee settlement for exporters. Additionally, Finance Minister Nirmala Sitharaman and Union Commerce and Industry Minister Piyush Goyal are in Singapore for high-level talks to deepen economic ties, focusing on new investment, trade, and technology partnerships.
On the inflation front, India’s wholesale price index (WPI) inflation mildly cooled to 9.78% in July 2026, down from 9.87% in June. However, retail inflation, measured by the CPI, rose to 4.45% in July, primarily due to elevated food prices, marking the sixth consecutive monthly increase.
The government has notified the ₹62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to boost the electronics manufacturing sector, aiming to enhance global competitiveness and domestic value addition. India and Brazil also signed an MoU to deepen bilateral cooperation in telecommunications and ICTs.
Corporate Announcements
Several companies made announcements on Monday:
- Coforge Ltd.: Announced the outcome of its Annual General Meeting.
- Airfloa Rail Technology Ltd.: Received an order.
- TCS: Through its subsidiary, will acquire 100% of MHP Management- und IT-Beratung GmbH, Porsche’s Germany-based management and IT consulting subsidiary, accelerating AI-powered mobility.
- Leap India: Its arm incorporated a wholly owned subsidiary in UAE for asset pooling and general trading services.
- Akme Fintrade (India): Received approval to raise ₹50 crore via Non-Convertible Debentures (NCDs).
- NTPC Green Energy: Its subsidiary NTPC Renewable Energy emerged as a successful bidder in an e-reverse auction for assured peak supply from ISTS-Connected RE Projects.
- JTL Industries: Its subsidiary JTL Engineering plans a capital expenditure of ₹15 crore to double its narrow-width HR coil manufacturing capacity.
- Titagarh Rail Systems: Inaugurated its new Design & Operations Centre at its Passenger Rail Systems facility in Uttarpara.
IPO Watch
The IPO market remains active with several issues opening for subscription:
Open Today (August 25, 2026)
- Annu Projects Ltd.: Price band ₹94-99.
- Sumax Engineering Ltd.: Price band ₹95-101.
Currently Open (Opened August 24, 2026)
- Hy-Tech Engineers Ltd.: Price band ₹50-53.
- Symbiotec Pharmalab Ltd.: Price band ₹938-988.
- ABH Healthcare Ltd.: Price band ₹96-102.
- Skyways Air Services Ltd.: Price band ₹131-138.
- Madhur Knit Crafts Ltd.: Price band ₹95-100.
Closing Today (August 25, 2026)
- Augmont Enterprises Ltd.: Price band ₹750-788.
Upcoming IPOs
- Lumino Industries Ltd.: Opening August 27, 2026, price band ₹78-82.
- Paluck Technologies Ltd.: Opening August 28, 2026, price band ₹46-48.
Despite global headwinds, sustained DII buying and FIIs turning net positive suggest underlying resilience in the Indian market, particularly in midcap and specific sector plays.