Stock Market LIVE Updates: Sensex, Nifty Gain in Pre-Opening; Nykaa, ONGC, NSDL, RCF in Focus

As of August 13, 2025, the Indian stock market is showing positive signs, with both benchmark indices trading firm in the pre-opening session. The Sensex rose by 131.65 points, or 0.16%, to reach 80,367.24, while the Nifty gained 19.45 points, or 0.08%, to hit 24,506.85. Several stocks, including Apollo Hospitals, Nykaa, Suzlon Energy, and Jindal Steel and Power, will be in focus today due to various developments.

Key Market Updates:

  • Rupee Strengthens: The Indian rupee opened marginally higher at 87.65 per dollar, compared to Tuesday’s close of 87.70.
  • Antony Waste Wins Big: Antony Waste’s subsidiary, Antony Lara Enviro Solutions, secured two contracts worth Rs 1,600 crore for the development of Waste-to-Energy plants in Andhra Pradesh.
  • Gold Price Movements: Gold prices saw a slight uptick, benefiting from softer US inflation data and speculations of a possible interest rate cut in September. Spot gold increased by 0.2%, reaching $3,351.46 per ounce.

Stock Focus:

  • Medi Assist Healthcare: The promoter of Medi Assist Healthcare, Bessemer India Capital Holdings II, has sold its entire 15.67% stake, valued at Rs 577.8 crore. Institutional investors were the buyers in the block deal.
  • Nykaa’s Strong Q1: FSN E-Commerce Ventures, better known for Nykaa, reported a significant 142% increase in net profit for Q1 FY26, jumping to Rs 23 crore. Revenue also rose by 23% to Rs 2,155 crore. The company’s beauty segment revenue saw a 24% year-on-year increase, while its fashion segment grew by 15%.
  • ONGC Earnings: ONGC’s Q1 profit surged by 24% to Rs 8,024 crore, despite an 8.5% drop in revenue, reflecting a strong margin performance.
  • NSDL Report: National Securities Depository (NSDL) reported a 15% rise in Q1 net profit, hitting Rs 90 crore, though its revenue fell by 7.5% to Rs 312 crore.

Other Notable Stocks:

  • Praj Industries: Mirae Asset Securities downgraded the stock to ‘hold’ from ‘buy’, setting a target price of Rs 395, after a 7.33% decline in its share price.
  • Zydus Lifesciences: Choice Equity Broking upgraded Zydus Lifesciences to ‘reduce’ from ‘sell’, setting a target of Rs 1,000. The stock saw a slight uptick of 0.06% in the previous session.

Market Outlook:

  • Nifty 50 Outlook: Experts suggest that if the Nifty rebounds, it may face resistance at 24,600 and 24,700, while support is seen at 24,350. A sustained move above 24,700 could indicate an upward momentum.
  • IPO Watch: The IPO of Regaal Resources has been subscribed 6 times on Day 1, with significant interest from non-institutional and retail investors.
  • Global Markets: Asian markets were trading higher, with Taiwan Weighted, Nikkei, and Hang Seng up by 1% each, following positive cues from Wall Street.

Global Commodities:

  • Oil Prices: Oil prices remained relatively unchanged, with Brent crude trading at $66.15 per barrel and WTI crude at $63.14, following an industry report showing a rise in US crude stockpiles.
  • Gold Prices: Gold prices rose amid a weaker US dollar and concerns about inflation data, supporting expectations of a potential rate cut by the Federal Reserve.

Other Key Updates:

  • Foreign Institutional Investors (FII): FIIs continued their selling streak, offloading equities worth Rs 3,398 crore, while domestic investors bought equities worth Rs 3,507 crore.

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