August 22, 2025 – 09:37 IST
The Indian stock market saw a slight dip today, with the Nifty falling below the 25,000 mark, and the Sensex shedding 370 points. Among the major gainers on the Nifty were Tata Motors, Bharti Airtel, Jio Financial, L&T, and Hindalco. On the downside, ICICI Bank, SBI Life Insurance, Apollo Hospitals, Bajaj Finserv, and Bajaj Finance were the biggest losers.
The BSE Midcap index was down 0.2%, and the Smallcap index saw a 0.5% drop. Sectors like banks, IT, oil & gas, and realty were down by 0.5% each.
Stock Market Today Highlights
- Tata Motors and Bharti Airtel among the top gainers on the Nifty.
- ICICI Bank and Bajaj Finance among the biggest losers.
- BSE Midcap and Smallcap indices showed losses of 0.2% and 0.5%, respectively.
August 22, 2025 – 09:34 IST
R Systems International Acquires Novigo Solutions for Rs 400 Crore
R Systems International, a digital product engineering company, has entered a definitive agreement to acquire Novigo Solutions, a specialist in low-code/no-code development and intelligent automation services. The acquisition is valued at Rs 400 crore, with additional stock consideration linked to future EBITDA performance.
August 22, 2025 – 09:33 IST
Mutual Funds Increase Money Market Exposure to Manage Volatility
Mutual funds are ramping up their exposure to money markets through the use of TREPS (Tri-Party Repo), a move to protect returns amid market volatility. According to PrimeMFDatabase, nearly 90% of equity schemes had exposure to cash equivalents like TREPS and reverse repos in July.
August 22, 2025 – 09:29 IST
Texmaco Rail Bags Rs 103 Crore Order
Texmaco Rail and Engineering has secured an order worth Rs 103.16 crore from Leap Grain Rail Logistics for BCBFG wagons and BVCM Brake Vans. The order is expected to be delivered within 10 months.
August 22, 2025 – 09:26 IST
Hindustan Unilever Appoints Niranjan Gupta as CFO
Hindustan Unilever has appointed Niranjan Gupta as the Chief Financial Officer – Designate, effective September 1. He will also be appointed as an Executive Director, Finance & CFO, starting November 1, 2025. Gupta will succeed Ritesh Tiwari, who will transition to Unilever Plc.
August 22, 2025 – 09:15 IST
Stock Market Opening: Sensex and Nifty Open Marginally Lower
Indian stock indices opened lower on August 22, with the Sensex down by 124.78 points or 0.15% at 81,875.93, and the Nifty down by 36.50 points or 0.15% at 25,047.25. Around 1362 stocks advanced, while 920 declined.
Image Source: Reuters | Image Credit: Respective Owner
