Nifty continues its decline, breaching support levels, with a cautious market outlook. Analysts advise avoiding bottom fishing and waiting for reversal signals. Focus remains on Q3 earnings, Union Budget, and FII activity. FMCG and IT sectors show resilience, while Pharma faces resistance. Key stocks to watch include M&M, Bharti Airtel, and Tata Consumer.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000
August 26, 2026