WhaleWatch

DATE21 Jul

NIFTY 24,188 ▼ 0.21%BANK NIFTY 57,835 ▼ 0.19%NIFTY IT 28,984 ▼ 0.61%NIFTY PHARMA 26,093 ▲ 0.34%KARURVYSYA 340 ▲ 13.06%M&MFIN 350 ▲ 8.46%ABSLAMC 1,043 ▼ 6.75%FLUOROCHEM 4,607 ▲ 6.74%GABRIEL 1,488 ▲ 6.47%DATAPATTNS 4,244 ▲ 6.34%TVSMOTOR 3,792 ▲ 5.62%AEGISLOG 1,314 ▼ 5.09%JPPOWER 18 ▲ 5.09%TARIL 317 ▼ 5.02%NIFTY 24,188 ▼ 0.21%BANK NIFTY 57,835 ▼ 0.19%NIFTY IT 28,984 ▼ 0.61%NIFTY PHARMA 26,093 ▲ 0.34%KARURVYSYA 340 ▲ 13.06%M&MFIN 350 ▲ 8.46%ABSLAMC 1,043 ▼ 6.75%FLUOROCHEM 4,607 ▲ 6.74%GABRIEL 1,488 ▲ 6.47%DATAPATTNS 4,244 ▲ 6.34%TVSMOTOR 3,792 ▲ 5.62%AEGISLOG 1,314 ▼ 5.09%JPPOWER 18 ▲ 5.09%TARIL 317 ▼ 5.02%

Morning brief · Wednesday, 22 July 2026

BlueStone shines with 39 percent growth and strong margins

Market pulse

Indian markets ended a sluggish session with a slight dip, as losses in the technology sector overshadowed modest gains in pharmaceuticals. While the broader indices barely moved, individual stocks saw sharp action, with Karur Vysya Bank and M&M Financial Services posting strong gains against notable declines in ABSL AMC and Aegis Logistics.

From the investor's mind

One post worth your time, explained

@aditya_kondawar · on X

Aditya Kondawar highlights Polycab's significant opportunity in India's burgeoning data center market, noting that the country's data center capacity is projected to grow from 1.8 GW to between 8 and 18 GW. Polycab estimates that each megawatt of data center capacity translates to roughly ₹3.5 crore worth of cables, with 50 to 60 percent being conventional cables. This indicates a substantial addressable market for Polycab in providing critical infrastructure for the expanding digital economy.

Word in the street

What the wider market is buzzing about

BlueStone Jewellery and Lifestyle Limited

₹729Past year ▲ 33%M.cap ₹8,978 Cr

Investors are taking a shine to BlueStone Jewellery and Lifestyle, a company whose stock has climbed over 33 percent in the last year. The street is buzzing about what some are calling a great set of numbers, pointing to strong organic growth from existing stores. An impressive same store sales growth of 39 percent caught the market’s attention. Discussions also highlighted an EBITDA margin of 14 percent, with some suggesting this could improve as younger stores mature. With a market capitalization now near ₹8,978 crore, many see operating leverage appearing faster than they had first projected for the jewellery and lifestyle company.

Yesterday's big moves