India finance news today are set for a positive start on Monday, August 24, with GIFT Nifty pointing to gains even as investors remain alert to crude oil, Middle East tensions, global bond yields and upcoming US sanctions on Iran. GIFT Nifty was up 64 points at 24,350 in early trade, while the Nifty had ended Friday at 24,252. The rupee is also expected to open largely steady around Rs 95.65-95.70 per dollar, supported by capital inflows and the Reserve Bank of India’s presence in the forex market. Meanwhile, the primary market remains active, with 10 IPOs scheduled this week seeking more than Rs 3,533 crore.
Reliance Industries & Bank of Baroda in focus
Reliance Industries and Bank of Baroda are among the stocks expected to remain on investors’ radar following corporate developments reported ahead of Monday’s trading session. Bank of Baroda raised an additional $400 million through five-year senior unsecured notes, carrying a 5.318% coupon and a 5.389% yield. The fundraising is part of the bank’s medium-term note programme.
Reliance Industries also features prominently in the stocks-in-news list as investors continue to assess developments across India’s largest diversified corporate group. The broader market is expected to remain sensitive to large-cap movements after the Nifty closed Friday only marginally higher at 24,252.
Power Grid Wins Gujarat Transmission Project
Power Grid Corporation of India is another company in focus after being declared the successful bidder for a Gujarat renewable-energy transmission project under the tariff-based competitive bidding mechanism. The company has received the letter of intent for the BOOT project, with a discovered tariff of Rs 822.91 crore per annum. The development adds to the company’s renewable-energy transmission portfolio as India’s power infrastructure requirements expand.
Nazara Technologies Increases Stake in Subsidiary
Nazara Technologies has invested Rs 8 crore in subsidiary Funky Monkeys through a primary share subscription, increasing its holding to 64% from 60%. The move strengthens Nazara’s ownership of the business and comes as the gaming and entertainment company continues to build its portfolio through investments and acquisitions.
Nitish Mittersain, Founder and Managing Director of Nazara Technologies, said the company continues to invest aggressively while expanding its portfolio of high-margin physical and digital assets: "Nazara is committed to building the largest diversified gaming and entertainment platform out of India and many of our initiatives announced today are geared towards propelling profitable growth in these strategic areas of our interest."
Edelweiss Financial Services Faces Regulatory Action
Edelweiss Financial Services is also in focus after IRDAI issued a warning to its subsidiary Edelweiss Life Insurance over FY25 regulatory non-compliance. The regulator has barred the insurer from opening new branches for six months. Edelweiss Financial Services has said the action is not expected to have a material financial or operational impact.
Sensex and Nifty Eye Recovery
Indian equities are attempting to recover after two consecutive weeks of losses. The Nifty ended Friday at 24,252, gaining 20 points, while analysts see 24,200 as an important support level and 24,350 as immediate resistance. A sustained move above 24,350 could open the way towards 24,500, while failure to hold 24,200 could push the index towards 24,000.
Also Read: Indian Stock Market Weekly Report: Nifty and Sensex End Lower
Rupee Gets Support from RBI and Capital Inflows
The rupee is expected to begin the week relatively stable after closing Friday at Rs 95.6950 against the US dollar. Traders expect an opening range of Rs 95.65-95.70. The currency is receiving support from strong capital inflows and expected RBI intervention, while oil prices and month-end corporate flows remain potential sources of pressure.
The RBI has also accumulated nearly $73 billion through measures introduced in June to strengthen India’s balance of payments, helping lift foreign-exchange reserves close to a record level. Goldman Sachs expects the central bank to use these inflows partly to rebuild reserves or reduce its forward book rather than allowing a sharp appreciation of the rupee.
FPI Buying Returns to Indian Equities
Foreign portfolio investors have made a notable return to Indian equities in August, investing Rs 23,544 crore so far this month. The buying follows ₹20,200 crore of inflows in July and comes after four consecutive months of heavy selling.
V K Vijayakumar, Chief Investment Strategist at Geojit Investments, attributed the renewed interest to improving Q1 earnings, rupee stability, changing global technology-sector positioning and growth prospects among broader-market companies. However, FPIs remain net sellers for 2026, with cumulative withdrawals still around Rs 2.3 lakh crore.
IPO market remains exceptionally active
India’s primary market enters another busy week, with six mainboard and four SME IPOs scheduled to raise more than Rs 3,533 crore. Symbiotec Pharmalab will lead the mainboard offerings with a Rs 1,757-crore issue, followed by Lumino Industries and Skyways Air Services.
Five companies are also scheduled to make their market debuts this week, including Lalithaa Jewellery Mart and Horizon Industrial Parks. August has already seen 20 mainboard IPOs raise around Rs 20,850 crore and 18 SME IPOs raise more than Rs 941 crore.
Crude oil and Iran Sanctions Remain Key Risks
Oil prices slipped on Monday as markets awaited details of expected US sanctions on Iran. Brent crude had recently climbed sharply amid concerns over Middle East supply disruptions, making energy prices an important variable for India’s inflation, trade deficit and currency.
The uncertainty surrounding Iran and the Strait of Hormuz continues to keep investors cautious. Asian markets were also largely subdued ahead of Nvidia’s earnings and Federal Reserve Chair Kevin Warsh’s upcoming speech.
Global Bond Yields and Fed Signals in Focus
US and global bond yields remain another concern for emerging-market investors. Indian equities could remain sensitive to movements in US Treasury yields and expectations surrounding global monetary policy. Investors are also watching the upcoming Federal Reserve gathering and Nvidia’s results for clues about global risk appetite.
Market Outlook
Indian stock market are likely to remain event-driven and stock-specific today, with a mildly positive opening providing some relief after two weeks of declines. Investors will track Reliance Industries, Bank of Baroda, Power Grid, and Nazara Technologies, while IPO activity adds another layer of market action.
On the macroeconomic front, crude oil, US-Iran developments, rupee movement, FPI flows, global bond yields and RBI intervention will remain the key drivers. With foreign investors returning to Indian equities and the IPO pipeline remaining strong, domestic sentiment has improved, although geopolitical and inflation risks continue to cap the upside.

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