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Sensex Today | Stock Market LIVE Updates: HSBC hints at IT sector's structural weakness as a reason for muted growth

Published on 21/08/2025 07:56 AM

#CNBCTV18Market | #HSBC On Agri Inputs: Pesticide prices are reversing higher as key herbicide inventories moderate. #China’s steps to address overcapacity & disorderly competition are positive, concrete actions are needed pic.twitter.com/kxm9L4jyDC

— CNBC-TV18 (@CNBCTV18Live) August 21, 2025

Westbridge Capital, a $7bn global investment firm which focuses primarily on public and private investments in India and the US, has emerged as the front-runner to pick up a minority stake in Radhika Gupta-led Edelweiss Mutual Fund, a subsidiary of Edelweiss Financial Services, multiple industry sources in the know told Moneycontrol on the condition of anonymity. here

India’s eight core industries grew by 2% in July, marginally higher than June’s 1.7%, as weakness in coal and refinery output offset strong gains in steel and cement production. here

HSBC On IT

Godrej Properties Ltd. on Thursday, August 21, said it has emerged as the highest bidder for a 7.8-acre land parcel in Kukatpally, Hyderabad, with a total combined bid value of ₹547.78 crore. here

Goldman Sachs On Delhivery

Nuvama On Hexaware Tech#CNBCTV18Market | #HSBC on #IT: #US corporate results are strong but Indian IT growth remains muted. Part of the weakness is structural, productivity gains & GCC share loss.

See a cyclical component, growth may recover from current lows pic.twitter.com/r5pEKkD6QQ

— CNBC-TV18 (@CNBCTV18Live) August 21, 2025

Jefferies On Bajaj Finserv

Jefferies On NBFCs

The recent move by the Government of India to ban real money gaming with the introduction of Promotion and Regulation of Online Gaming Bill, 2025, in the country has found wide appeal across the political spectrum.

A rare consensus has emerged among political parties on the harmful effect that these “gaming” applications have had on the weaker sections of society where many have become addicted to some of these games to the extent of bankrupting their families.

On CNBC-TV18 Access 

Shares of The India Cements Ltd., now a subsidiary of India’s largest cement company UltraTech Cement Ltd. will be in focus on Thursday, August 21, ahead of the Offer For Sale (OFS) from its parent company.

RBI’s Monetary Policy Committee, in its August minutes, expressed guarded optimism on inflation, noting recent softness in prices, but cautioned that pressures may resurface in the coming quarters. here

Soon, life and health insurance premiums may not attract any Goods and Services Tax (GST), with the Centre formally proposing an exemption as part of its next-generation tax reforms. here

In a move aimed at diversifying its trade basket, India has signed the Terms of Reference (ToR) with the Eurasian Economic Union (EAEU) in Moscow to launch negotiations for a Free Trade Agreement (FTA). The EAEU comprises Russia, Kazakhstan, Armenia, Belarus and Kyrgyzstan, with observer status granted to Cuba, Moldova and Uzbekistan. here

On Wednesday (August 20), the finance ministry held a meeting with the heads of public sector banks (PSBs) to review their first-quarter financial performance. here

India recently celebrated 78 years of Independence, with Prime Minister Narendra Modi’s call for atmanirbharta (self-reliance) striking a chord with investors and financial leaders. In this episode of Let’s Talk Money, leading voices from the mutual fund industry shared how mutual funds are empowering Indians on their path to financial freedom. here

Battery maker Exide Industries Limited on Wednesday (August 20) said it has invested ₹100 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. here

The Online Gaming Bill, 2025 has stirred a heated debate in both the industry and among state governments, particularly over its blanket ban on money games. Responding to these concerns, S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), asserted that the Centre is well within its constitutional powers to bring such legislation. here

Two units of Adani Group raised a total of about $275 million through two foreign currency loans as the Indian conglomerate continues to ramp up its borrowing, according to people familiar with the matter. here

 

AUGUST SERIES

Nifty OI                                               -2.1%

Bank Nifty OI                  +1.6%

 

FIIs IN INDEX FUTURES

Contracts                Change in OI                        Positioning

Longs                     +701                   10%

Shorts                    +2362                    90%

 

OPTION CUES

Nifty PCR at 1.3 vs 1.14

 

NIFTY OPTIONS (Aug 21)

Strike                                 Change in OI                                 Premium

25100 Call                       +47.5 lk shares                             35

25050 Call                       +40.2 lk shares                             55

25000 Put                         + 69.7 lk cr shares                      35

 

Nifty levels

Resistance                      25100-25050

Support                              24900

 

Date                                    Nifty Highs

13-Aug-25                        24,665

14-Aug-25                        24,674

18-Aug-25                        25,022

19-Aug-25                        25,013

20-Aug-25                        25,089

 

Stocks in Focus

F&O BAN:        NEW IN BAN: PGEL

 

Nifty Rejig due

Possible entrants?

Indigo

Max Healthcare

 

Oil held a gain after US crude stockpiles shrunk the most since mid-June, keeping inventories well below the seasonal average. here

Federal Reserve Governor Lisa Cook signalled her intention to remain at the central bank in defiance of calls for her resignation by President Donald Trump over allegations of mortgage fraud. here

July Fed Meet Minutes

Godrej Properties

Zee Entertainment 

Leading broadcaster, said Aditya Birla Finance Limited (ABFL) has filed a petition before the Delhi High Court challenging the arbitral award that had rejected all claims against the company.

On May 13, ZEEL had disclosed that the arbitral tribunal, through its final award dated May 12, had dismissed all of ABFL’s claims.

 RailTel shares will be in focus today as the telecom infrastructure firm said it has secured two work orders worth ₹50.42 crore from government agencies in Odisha and Kerala.The first order, amounting to ₹15.42 crore, including tax, was awarded by the Higher Education Department of the Odisha government. The scope of work covers the design and development of CMS-based bilingual websites for colleges under the department.

Elon Musk’s internet satellite business Starlink will roll out Aadhaar-based verification to onboard customers when it launches in India, the Ministry of Electronics and IT said in an announcement on Wednesday, August 20.

The board of UltraTech Cement Ltd. on Wednesday, August 20, approved the sale of up to 2.01 crore equity shares of India Cements, representing a 6.49% stake in the company. here

India’s third-largest cement manufacturer, Shree Cement Limited, on Wednesday (August 2), said the Income Tax Department has reduced its earlier tax demand of ₹588.65 crore to ₹221.72 crore following a rectification order under Section 154 of the Income Tax Act, 1961. hereNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.