DATE15 Jul
NIFTY 24,078 0.11%BANK NIFTY 57,758 0.51%NIFTY IT 28,532 0.67%NIFTY PHARMA 26,004 0.37%PATANJALI 348 14.64%NUVOCO 377 10.50%GABRIEL 1,354 8.48%AEGISLOG 1,321 8.07%ATHERENERG 1,296 7.87%LTTS 3,508 6.53%GROWW 216 6.15%JUBLPHARMA 1,028 5.54%FLUOROCHEM 4,132 5.29%TRITURBINE 639 5.20%NIFTY 24,078 0.11%BANK NIFTY 57,758 0.51%NIFTY IT 28,532 0.67%NIFTY PHARMA 26,004 0.37%PATANJALI 348 14.64%NUVOCO 377 10.50%GABRIEL 1,354 8.48%AEGISLOG 1,321 8.07%ATHERENERG 1,296 7.87%LTTS 3,508 6.53%GROWW 216 6.15%JUBLPHARMA 1,028 5.54%FLUOROCHEM 4,132 5.29%TRITURBINE 639 5.20%
Morning brief · Thursday, 16 July 2026

SBI Mutual Fund takes near 10 percent stake in Relaxo

Market pulse
Indian markets ended a mixed session with a slight gain, as strength in banking and pharmaceutical stocks helped the Nifty close just above 24,000. While the broader market was buoyed by notable gains in individual names like Nuvoco and Gabriel, the IT sector saw declines and Patanjali experienced a significant drop.
From the investor's mind
One post worth your time, explained
Tar
@itsTarH · on X
Tar observes that the current emergence of lab-grown diamond retail chains mirrors Titan's successful strategy in the jewellery market. When Titan entered the scene, the gold market was largely unorganized, lacking common standards for quality and pricing. Titan differentiated itself and gained market share by introducing standardization and transparent pricing, effectively professionalizing the segment. Similarly, Tar suggests that lab-grown diamond retailers are poised to replicate this success by bringing structure and clarity to their nascent market.
Yesterday's big moves
Kavveri Defence & Wireless Technologies Limited
Kavveri Defence & Wireless Technologies LimitedNew Position
60Past year 0%M.cap ₹124 Cr
Aegis
Aegis Investment Fund PCC entered Kavveri Defence & Wireless Technologies with 887,500 shares, a 1.48% stake. The position is valued at ₹5.46 Cr based on the share price of ₹61.67.
Paradeep Phosphates Limited
Paradeep Phosphates LimitedNew Position
141Past year 18%M.cap ₹14,893 Cr
Invesco Mutual Fund
Invesco Mutual Fund took a new position in Paradeep Phosphates with 1.92 Cr shares, a 1.85% stake worth ₹275.69 Cr. The share price was ₹143.38.
Relaxo Footwears Limited
Relaxo Footwears LimitedNew Position
389Past year 21%M.cap ₹9,885 Cr
SBI Mutual Fund
SBI Mutual Fund entered Relaxo Footwears with 2,32,35,355 shares, a 9.33% stake worth ₹926.47 crore at ₹398.85 apiece.
Aster DM Healthcare Limited
Aster DM Healthcare LimitedIncreased
813Past year 37%M.cap ₹42,217 Cr
BCP Asia II Topco IV Pte. Ltd.
BCP Asia II Topco IV Pte. Ltd. raised its stake in Aster DM Healthcare from 1.6% to 29.71%, buying 24,49,96,597 shares for ₹20,011 Cr through a preferential allotment.
Jubilant Foodworks Limited
Jubilant Foodworks LimitedIncreased
422Past year 39%M.cap ₹28,502 Cr
Nippon India Mutual Fund
Nippon India Mutual Fund increased its stake in Jubilant Foodworks from 7.05% to 7.35%, buying 20,00,638 shares on July 10, 2026, through an open market purchase.
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