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Sensex Today | Stock Market LIVE Updates: Rajiv Bajaj speaks exclusively to CNBC-TV18

Published on 22/08/2025 02:04 PM

Premier Energies Ltd., shares declined on Friday, August 22, even as it announced the commercial operation of its 1.2 GW N-Type G12R solar cell line and the launch of high-efficiency 620 W Domestic Content Requirement (DCR) compliant Topcon solar modules. here

The Employees’ State Insurance Corporation (ESIC) has clarified that Aadhaar-based authentication for insured persons and their family members will be voluntary. Medical and cash benefits under the ESI scheme will continue even if beneficiaries do not authenticate using Aadhaar. here

Nazara Technologies Ltd. on Friday, August 22, said its associate company Moonshine Technologies Pvt. Ltd. (Pokerbaazi) has ceased real money online gaming operations. here

Market Watch: Nilesh Shetty, Portfolio Manager, Quantum Advisors

On IT Sector: “We continue to have a large allocation to IT services, primarily given that valuations are a lot more reasonable, these companies continue to generate a lot of cash. And if demand doesn’t pick up, they may look at inorganic opportunities. But for us, the bet remains that demand will eventually pick up. There is a point at which a lot of the developed world companies will start doing capex which they have deferred, and you will see valuations rerate in that space.”

On sectors: “We are stock specific, and we found select opportunities, say in a pharma company which came, sort of came within our buy limit where we wanted to add it, we continue to track the logistics space closely where we think there might be an opportunity which may come through for us to add but apart from that, the large allocation remains financials, which includes private sector banks as well as insurance companies and. Also, we have a large allocation to automobiles, which, of course, we’ve reduced our allocation there, but it still remains very large relative to what other managers hold, which includes two-wheeler names as well as a larger tractor and automotive company.”

Rajiv Bajaj, MD, Bajaj Auto Speaks Exclusively To CNBC-TV18

Watch CNBC-TV18 LIVE

Market Watch: Hemen Kapadia of DRChoksey Finserv

Buy Bajaj Auto for a target price of ₹9,050 with a stop loss of ₹8,450

Sell RBL Bank for a target price of ₹235 with a stop loss of ₹265

YES Bank shareholders have approved the reappointment of Prashant Kumar as Managing Director and Chief Executive Officer until April 2026, extending his tenure beyond October 2025. here

Jupiter Wagons | Arm Jupiter Electric Mobility (JEM) Launches Its First Showroom In Hyderabad

Gaming companies are set to approach the government for clarity on key provisions of the newly passed Online Gaming Bill, sources told CNBC-TV18. According to people familiar with the matter, industry players are likely to plead that an immediate bar on financial transactions will make it difficult for them to refund gamers, as there would be no transition period to process user funds. here

The US Embassy has said that “USAID/India did not receive or provide funding of $21 million for voter turnout in India” from fiscal years 2014 to 2024, nor has it implemented any voter turnout-related activities in India, the Centre has told Rajya Sabha. here

Foseco India has signed a share purchase agreement with its promoters to acquire 42 lakh shares, representing 75% of the total voting share capital of Morganite Crucible (India) Ltd. (MCIL) on a fully diluted basis. here

Kitex Garments

 

Sanjeev Prasad, Managing Director and Co-Head of Kotak Institutional Equities, expects Nifty earnings to grow by around 9% in FY26, though much of this growth is concentrated in a few select sectors. here

Shares of two- and three-wheeler manufacturer Bajaj Auto Ltd. recovered from day’s low on Friday, August 22, after the company announced that it had overcome global supply challenges related to rare earth magnets. here

ABFRL

Siddarth Bhamre, Head of Institutional Research at Asit C Mehta Investment Intermediates, said SEBI’s proposed changes to extend the tenure of derivative contracts are likely to have a significant impact on trading volumes. here#JustIn | #NazaraTech Says;

????Associate Co, PokerBaazi stops real Money Online Gaming operations

????Will evaluate the future course of action following the enactment of the bill#OnlineGamingBill #OnlineGamingBill2025 pic.twitter.com/XLHtPgygZ8

— CNBC-TV18 (@CNBCTV18Live) August 22, 2025

CNBC-TV18 Exclusive | Source Say

Ideaforge

 

Apollo Micro Systems

Foseco India to acquire 75% equity of Morganite Crucible India for ₹654 cr

 #JustIn | #LokeshMachines: Defence Min grants registration certificate for mfg capacity/capability for defence items pic.twitter.com/Yn72XZqIjc

— CNBC-TV18 (@CNBCTV18Live) August 22, 2025

Ajit Mishra, SVP-Research, Religare Broking

Buy Cipla for a target price of ₹1,720 with a stop loss of ₹1,530

Buy Maruti Suzuki for a target price of ₹15,000 with a stop loss of ₹13,800

The Insurance Regulatory and Development Authority of India (IRDAI) is considering a move to cap annual health insurance premium hikes at both the product and portfolio levels. hereNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.