DATE7 Jul
NIFTY 24,399 0.13%BANK NIFTY 58,201 0.16%NIFTY IT 27,939 2.43%NIFTY PHARMA 25,678 0.73%NAUKRI 1,159 13.10%TRENT 2,928 12.44%PWL 149 10.13%RITES 235 8.92%SWIGGY 266 7.21%KALYANKJIL 355 6.95%EMMVEE 328 6.54%HSCL 644 5.93%SAREGAMA 460 5.72%NATCOPHARM 984 5.60%NIFTY 24,399 0.13%BANK NIFTY 58,201 0.16%NIFTY IT 27,939 2.43%NIFTY PHARMA 25,678 0.73%NAUKRI 1,159 13.10%TRENT 2,928 12.44%PWL 149 10.13%RITES 235 8.92%SWIGGY 266 7.21%KALYANKJIL 355 6.95%EMMVEE 328 6.54%HSCL 644 5.93%SAREGAMA 460 5.72%NATCOPHARM 984 5.60%
Morning brief · Wednesday, 8 July 2026

SBI Mutual Fund takes massive ₹2,850 crore bite of DLF

Market pulse
Indian markets ended the day largely flat, with the Nifty 50 holding just under 24,400 as a strong 2.43 percent rally in the IT index offset losses in banking and pharma stocks. The session saw dramatic single stock moves, however, as Naukri shares rocketed up over 13 percent while Trent experienced a sharp decline of more than 12 percent.
From the investor's mind
One post worth your time, explained
Ishmohit Arora (SOIC)
@soicfinance · on X
India's Electronic Manufacturing Services (EMS) industry is projected to achieve a 25-30% CAGR between FY24-29E, driven by the "China+1" strategy, increasing electronics exports, and supportive government policies. Ishmohit Arora of SOIC highlights that this structural shift is positioning India as a key global electronics manufacturing hub. Notably, electronics exports are expected to reach approximately USD 48 billion in FY26, marking a 25% year-on-year increase.
Yesterday's big moves
Power Mech Projects Limited
Power Mech Projects LimitedNew Position
2,673Past year 18%M.cap ₹8,205 Cr
HDFC Mutual Fund
HDFC Mutual Fund entered Power Mech Projects with 25,90,580 shares, an 8.19% stake worth ₹672.48 Cr.
VRL Logistics Limited
VRL Logistics LimitedNew Position
240Past year 18%M.cap ₹4,167 Cr
HDFC Mutual Fund
HDFC Mutual Fund entered VRL Logistics with 1,70,82,852 shares, representing a 9.77% stake, worth ₹405.35 Cr at a share price of ₹237.30.
DLF Limited
DLF LimitedNew Position
651Past year 21%M.cap ₹1,61,180 Cr
SBI Mutual Fund
SBI Mutual Fund initiated a new position in DLF, acquiring 4,21,63,038 shares worth ₹2,850.58 Cr, representing a 1.70% stake in the company.
PC Jeweller Limited
PC Jeweller LimitedNew Position
9Past year 50%M.cap ₹8,073 Cr
UNICO GLOBAL OPPORTUNITIES FUND LIMITED
Unico Global Opportunities Fund entered PC Jeweller with 46,60,72,710 shares, acquiring a 5.57% stake through conversion of warrants.
Zee Media Corporation Limited
Zee Media Corporation LimitedNew Position
8Past year 44%M.cap ₹524 Cr
Minerva Ventures Fund
Minerva Ventures Fund acquired 4.50 crore shares of Zee Media Corporation Limited via a preferential allotment, establishing a 5.00% stake in the company.
The stock market is always right. Never time the markets.
Rakesh Jhunjhunwala
See what the smart money is buying, before the news does
Follow Kacholia, Damani, Rekha Jhunjhunwala and 300+ top investors. Every new position, bulk deal and insider trade, the moment it happens.
SBI Mutual Fund takes massive ₹2,850 crore bite of DLF · WhaleWatch