DATE8 Jul
NIFTY 23,882 ▼ 2.12%BANK NIFTY 56,743 ▼ 2.51%NIFTY IT 27,555 ▼ 1.37%NIFTY PHARMA 25,430 ▼ 0.97%AEGISLOG 1,245 ▼ 9.99%AEGISVOPAK 277 ▼ 6.02%LTF 314 ▼ 5.95%JUBLFOOD 429 ▼ 5.66%PCBL 297 ▼ 5.65%MPHASIS 2,242 ▼ 5.59%KALYANKJIL 374 ▲ 5.47%JIOFIN 230 ▼ 5.38%RITES 223 ▼ 5.22%ATHERENERG 1,200 ▲ 5.21%NIFTY 23,882 ▼ 2.12%BANK NIFTY 56,743 ▼ 2.51%NIFTY IT 27,555 ▼ 1.37%NIFTY PHARMA 25,430 ▼ 0.97%AEGISLOG 1,245 ▼ 9.99%AEGISVOPAK 277 ▼ 6.02%LTF 314 ▼ 5.95%JUBLFOOD 429 ▼ 5.66%PCBL 297 ▼ 5.65%MPHASIS 2,242 ▼ 5.59%KALYANKJIL 374 ▲ 5.47%JIOFIN 230 ▼ 5.38%RITES 223 ▼ 5.22%ATHERENERG 1,200 ▲ 5.21%
Morning brief · Thursday, 9 July 2026

Temasek-backed Aranda and Fidelity take a shine to Eternal Limited

Market pulse
Indian markets tumbled in the last session as the Nifty 50 shed over two percent to close at 23,882, pulled lower by an even steeper two and a half percent fall in banking stocks. While broader indices bled, with IT and pharma also in the red, select stocks like Kalyan Jewellers and Ather Energy bucked the trend with gains over five percent, even as Aegis Logistics and LTF Finance faced significant selling pressure.
From the investor's mind
One post worth your time, explained
Ishmohit Arora (SOIC)
@soicfinance · on X
Ishmohit Arora of SOIC highlights a significant challenge in the data centre industry: lengthy grid connection lead times for new 50 MW facilities globally, citing Bernstein as the source. These extended timelines are prompting developers to adopt alternative power solutions such as self-generation, Power Purchase Agreements (PPAs), and private wire arrangements. This shift indicates a strategic move by developers to mitigate delays and ensure a consistent power supply for their operations.
Yesterday's big moves
L&T Finance Limited
L&T Finance LimitedNew Position
₹314Past year ▲ 52%M.cap ₹78,753 Cr
Mirae Asset Mutual Fund
Mirae Asset Mutual Fund initiated a new position in L&T Finance Limited, acquiring 3,21,08,383 shares, representing a 1.28% stake in the company. The stake is worth ₹1009.28 crore.
Eternal Limited
Eternal LimitedNew Position
₹287Past year ▲ 9%M.cap ₹2,76,531 Cr
Fidelity
Fidelity took a new position in Eternal Limited, acquiring 9,483,800 shares valued at ₹272.11 crore at ₹286.70 apiece.
Eternal Limited
Eternal LimitedNew Position
₹287Past year ▲ 9%M.cap ₹2,76,531 Cr
Aranda Investments
Aranda Investments, a Temasek Holdings subsidiary, bought 2,68,29,027 shares of Eternal Limited in a new position, valued at ₹769.96 crore at ₹286.70 apiece.
Sterlite Technologies Limited
Sterlite Technologies LimitedIncreased
₹528Past year ▲ 373%M.cap ₹26,980 Cr
Motilal Oswal Mutual Fund
Motilal Oswal Mutual Fund increased its stake in Sterlite Technologies from 4.75% to 5.72%, buying 47,16,484 shares through market transactions and crossing the 5% disclosure threshold.
Container Corporation of India Limited
Container Corporation of India LimitedIncreased
₹451Past year ▼ 23%M.cap ₹34,376 Cr
ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund raised its stake in Container Corporation of India from 4.66% to 5.24% by buying 44,06,207 shares in the open market, crossing the 5% disclosure threshold.
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Mohnish Pabrai
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Temasek-backed Aranda and Fidelity take a shine to Eternal Limited · WhaleWatch