Midday Market Update: Sensex Falls 500 Points, Nifty Below 24,450; NSDL, Titan in Focus
- 8th August 2025
- 02:00:00 PM
- 3 min read
Mumbai | August 8 – Indian stock indices extended losses in the mid-session on Friday, weighed down by cautious global sentiment and rising geopolitical tension. The market slide intensified after U.S. President Donald Trump ruled out any progress in trade negotiations with India, citing unresolved bilateral issues.
As of 12:45 PM, the BSE Sensex dropped 515.94 points (0.64%) to 80,107.32, while the NSE Nifty50 slipped 159.40 points (0.65%) to 24,436.75.
The broader markets traded lower across the board, dragged by foreign institutional selling, profit booking, and the absence of fresh domestic triggers.
NSDL Extends Listing Gains, Surges Nearly 16%
Shares of National Securities Depository Ltd (NSDL) jumped 15.94% to ₹1,302.20. Having debuted at ₹880 on August 6, the stock has now gained over 65% from its IPO price of ₹800.
The company’s market capitalisation crossed ₹26,000 crore, supported by strong investor appetite and three straight days of gains.
Adani Enterprises, Airtel Among Top Nifty Losers
Adani Enterprises was the biggest Nifty laggard, falling 3.11% to ₹2,179.80. The stock is down nearly 8% over four sessions, amid weak Q1 results and Gautam Adani’s recent exit from a group company board.
Bharti Airtel dropped 2.51% to ₹1,874.30 after its promoter, Indian Continent Investment Ltd (ICIL), sold a 1.2% stake via block deals involving 6.7 crore shares — its third such sale in nine months.
Other notable losers included:
- Grasim Industries: -2.15%
- Shriram Finance: -1.97%
- IndusInd Bank: -1.76%
Titan Shines on Strong Q1; LIC, AU Bank in Focus
Titan Company emerged as the top Nifty gainer, up 1.59% to ₹3,417.00. The jewellery and watches major posted a 53% YoY rise in Q1 net profit to ₹1,091 crore, with revenue up 25% at ₹16,523 crore. EBITDA grew 47% to ₹1,830 crore, while margins expanded 170 bps to 11.08%.
Also Read about Titan Q1 Results Beat Estimates with 34% Profit Surge—But Will Rising Gold Prices Dent the Shine?
LIC rose 3.86% to ₹919.20 after reporting a consolidated Q1 FY26 net profit of ₹10,985 crore, up 4.11% YoY. Premium income grew 4.71% to ₹1.2 lakh crore. The insurer also saw its non-par APE share rise to 30.34% from 23.94% YoY.
AU Small Finance Bank gained 2.24% to ₹759.90 after becoming the first SFB to get in-principle RBI approval to convert into a universal bank. The stock had surged 7.6% intraday to ₹800 after the news broke.
Meanwhile, despite posting a 48% YoY jump in Q1 net profit to ₹264 crore, Kalyan Jewellers slumped 9.5% to ₹535. Revenue rose 31% to ₹7,268 crore, but the stock has now corrected over 14% from recent highs.
Outlook
With global uncertainty and U.S.-India trade tensions weighing on investor sentiment, analysts expect continued market volatility in the short term. Sector-specific news, earnings commentary, and external developments will guide the market direction heading into next week.
PL Capital
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
