On Wednesday, 1976 stocks advanced, 2108 declined and 169 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.94 indicating negative closing in the broader market. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 50 securities advanced and closed at a new 52-week high whereas 24 securities sank to close at their new 52-week lows. In sectoral indices - Nifty Media, Nifty IT and Nifty Metal were among the biggest losers. Nifty Auto were among the biggest gainers.
Reliance Infrastructure (+5.00%) partnered with Dassault Aviation to manufacture Falcon 2000 business jets in India, marking a significant milestone in domestic high-end aviation manufacturing. This collaboration positions India as a strategic hub for business jet production, with the first ‘Made in India’ Falcon 2000 expected by 2028. Additionally, Dassault Reliance Aerospace Ltd (DRAL) will be established as a Center of Excellence for the Falcon series, covering Falcon 6X and Falcon 8X assembly programs. The partnership strengthens India’s role in advanced aerospace manufacturing and underscores its growing prominence in the global aviation sector.
HEG (-0.29%) announced that its subsidiary, Bhilwara Infotechnology, spun off its talent solutions business into a newly formed entity—Texnere India. This strategic move is aimed at leveraging AI for workforce transformation, fostering innovation, and expanding global reach in talent acquisition. The transition positions Texnere as a specialized player in AI-driven hiring solutions, enhancing recruitment efficiency and market competitiveness.
SEBI introduced a new derivatives expiry schedule, effective September 1, 2025. Under the revised framework, index and stock derivatives will now expire every Tuesday, replacing the current Thursday cycle. While existing contracts remain unaffected—except for long-dated index options—any contracts expiring on or before August 31 will continue with Thursday expiry. Additionally, monthly contracts from September 1 will now conclude on the last Tuesday of each month. This adjustment is expected to enhance liquidity and trading efficiency, prompting traders to recalibrate their strategies accordingly. NSE will soon release detailed implementation guidelines to ensure a smooth transition.
Alembic Pharmaceuticals (-1.07%) received an Establishment Inspection Report (EIR) from the U.S. FDA for its API-III facility in Karakhadi. The EIR signifies the successful conclusion of the FDA’s inspection, affirming compliance with regulatory standards. This development reinforces Alembic’s operational credibility in active pharmaceutical ingredient (API) manufacturing and strengthens its global quality assurance framework.
Divi’s Laboratories (+0.02%) was in focus following the settlement between Novartis and MSN on the '659 patent related to Entresto, a blockbuster heart failure drug. With this resolution, the legal battle now shifts to the next patent, which is set to expire in November 2026, with exclusivity extending until May 2027. Divis, a key supplier of Entresto API, could see earnings of Rs700 crore in FY25-26 if MSN launches the generic version in July 2025. However, if the launch is delayed, Divis' revenue from Entresto API could range between Rs1,000 crore and Rs1,200 crore in FY25-26.
Polycab (-0.87%) executed a Rs6,447.54 crore contract with BSNL to serve as the Project Implementation Agency (PIA) for the BharatNet project across Karnataka, Goa, and Puducherry. The agreement covers design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network infrastructure
Bharat Forge (-0.21%) signed an MoU with french company Turgis Gaillard to offer the AAROK UAV, a medium altitude long endurance (MALE) unmanned aerial vehicle, in alignment with the Indian Ministry of Defence. The UAV is designed for long-range surveillance and strike capabilities, reinforcing India’s defense autonomy.
Mahindra & Mahindra (M&M) (+1.13%) received unconditional approval from the Competition Commission of India (CCI) for its proposed acquisition of SML Isuzu Limited. The company will proceed with an open offer at Rs1,554.60 per share, aiming to strengthen its presence in the commercial vehicle segment.
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:
