Nifty, Sensex Give Up Early Gains to Close Lower
Moneylife Digital Team 26 August 2026
On Wednesday, 2,375 stocks advanced, 1,944 declined and 231 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.22 indicating a positive closing. The trend of the major indices on Wednesday’s trading is given in the table below.  
 
 
On NSE, 135 securities advanced and 77 closed at a new 52-week high whereas  securities sank to close at their new 52-week lows. Nifty IT, Nifty Infrastructure and Nifty FMCG were among the biggest losers. Nifty Metal, Nifty PSU Bank and Nifty Pharma were among the biggest gainers.
 
Samvardhana Motherson International (-0.87%) set 11 September 2026, as the rec-ord date for interest payment on its 6.5% Compulsorily Convertible Debentures due September 30, 2026, with maturity on 20 September 2027.
 
GK Energy (+6.05%) received a Letter of Empanelment to install 100 MW grid-connected rooftop solar systems across 100,000 households, valued at ₹454.50 crore, including five years of O&M.
 
Bharat Dynamics (+0.23%) was fined ₹13.04 lakh each by NSE and BSE for non-compliance with SEBI listing regulations, citing board appointment jurisdiction un-der the Ministry of Defence.
 
Tata Steel (+1.10%) faced ongoing litigation regarding ₹4,313 crore demand for al-leged mining violations; Orissa High Court ruled partially in Tata Steel’s favor, with Supreme Court notices issued.
 
Mahindra Holidays & Resorts (-0.42%) received a Show Cause Notice demanding ₹11.34 crore tax and penalty for 2020-24 GST discrepancies; company expects no ma-terial financial impact.
 
NTPC (-1.54%) was fined ₹5.37 lakh each by NSE and BSE for non-compliance with board composition rules, attributing director appointments to the Ministry of Pow-er.
 
Ceigall India (+4.16%) won a ₹608.67 crore per annum, 35-year power transmission project under RECPDCL, involving substations and 300 km transmission lines in Gujarat and Maharashtra.
 
Mold-Tek Packaging (+0.61%) approved a 1:1 bonus share issue and recommended a final dividend of ₹3 per share for FY26; authorised share capital proposed to dou-ble to ₹40 crore.
 
Indian Oil Corporation (+0.35%) was fined ₹14.20 lakh each by BSE and NSE for non-compliance with board composition regulations, citing government-controlled director appointments.
 
Coal India (-0.12%) received fines of ₹12.66 lakh each for SEBI regulation breaches, highlighting government’s role in board member appointments.
 
Bikaji Foods (+2.05%) sold a 30% stake in Bikaji Bakes Private Limited for ₹0.30 crore; BBPL remains a non-material subsidiary with minimal financial impact.
 
Shipping Corporation of India (+0.14%) was fined ₹13.11 lakh for SEBI non-compliance; remedial steps included appointing a woman independent director and reconstituting committees.
 
Nestle India (-1.86%) received a customs duty and penalty demand totaling ₹2.47 crore; plans to legally challenge the order, expecting no material financial impact.
 
Rashtriya Chemicals and Fertilizers (-1.72%) was fined ₹7.89 lakh for non-compliance with SEBI governance regulations for the June 2026 quarter; company sought penalty waiver.
 
REC Limited (-1.17%) fined ₹10.77 lakh for non-compliance on board composition; explained appointment authority lies with President of India via Ministry of Power.
 
National Aluminium Company (+0.38%) fined ₹14.31 lakh for SEBI regulation breaches; engaging with NSE regarding compliance issues.
 
Avenue Supermarts (-2.12%) received a ₹28.28 lakh penalty from Greater Bengaluru Authority for construction non-compliance; no material operational impact antici-pated.
 
JSW Dulux (-2.12%) received a minor show cause notice of ₹0.02 lakh for GST short-fall in Madhya Pradesh; preparing response within regulatory timelines.
 
KPI Green Energy (+0.86%) energized a record 630 MW DC capacity in one quarter (June-August), surpassing its cumulative prior capacity, underlining rapid growth.
 
IRCTC (+1.91%) fined ₹20.46 lakh by NSE and BSE for board composition non-compliance; engaging with Ministry of Railways to resolve.
 
MTNL (+0.83%) fined ₹12.66 lakh by BSE for SEBI governance lapses; appointment of independent directors managed by Department of Telecommunications.
 
SEPC (+0.17%) approved 100% acquisition of UAE-based Wintality Petroleum FZE via capitalisation reserves, expanding petroleum trading footprint with no cash out-flow.
 
Park Medi World (+1.81%) awarded mandate to develop and operate a 550-bed su-per-speciality hospital in Prayagraj with ₹200 crore investment, including ₹76.52 crore state subsidy.
 
Hero MotoCorp (-0.52%) invested ₹960 crore in associate Ather Energy via prefer-ential allotment of convertible warrants, reinforcing EV sector commitment.
 
GMR Airports (-1.00%) revised aeronautical tariffs at Hyderabad’s Rajiv Gandhi In-ternational Airport effective September 1, 2026, per AERA’s fourth control period order.
 
ACME Solar (-0.84%) executed a 130 MW round-the-clock renewable energy PPA with Northeast Frontier Railway, commencing February 2029 with a 25-year tenure at ₹4.35 per kWh tariff.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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