Overview
- Sensex opened at 81,319 and quickly hit 81,512, while Nifty touched 24,936 even as most global markets traded lower, exchange data show.
- Vodafone Idea said it is exploring non-bank funding to sustain capex as AGR uncertainty keeps banks cautious, appointed Abhijit Kishore as CEO effective Aug 19, and its shares inched up.
- Reliance Infrastructure disclosed an NHPC letter of award for a 390 MW ISTS project linked to solar at a ₹3.13/kWh tariff, guiding additions of 700 MWp solar DC and 780 MWh BESS capacity as the stock rose about 4%.
- Ola Electric’s Bhavish Aggarwal outlined a push to 25–30% share in EV two‑wheelers and the deployment of in‑house 4680 cells in new models from Navratri, lifting the stock more than 8%.
- Primary flows stayed active with Patel Retail’s IPO open Aug 19–21 at ₹237–255 a share and TRUSTMF’s Arbitrage NFO open Aug 18–22, alongside bullish midcap commentary from Motilal Oswal and Axis Securities’ ₹1,480 target on H.G. Infra.