DATE23 Jul
NIFTY 23,870 0.53%BANK NIFTY 56,592 0.94%NIFTY IT 28,534 0.06%NIFTY PHARMA 25,654 0.38%CIEINDIA 419 11.32%SRF 2,623 8.53%NTPCGREEN 97 6.48%ADANIGREEN 1,380 6.28%INDUSINDBK 1,006 5.97%ACUTAAS 3,459 5.48%CEMPRO 1,517 5.00%HFCL 207 5.00%CPPLUS 3,613 4.83%ANANTRAJ 587 4.74%NIFTY 23,870 0.53%BANK NIFTY 56,592 0.94%NIFTY IT 28,534 0.06%NIFTY PHARMA 25,654 0.38%CIEINDIA 419 11.32%SRF 2,623 8.53%NTPCGREEN 97 6.48%ADANIGREEN 1,380 6.28%INDUSINDBK 1,006 5.97%ACUTAAS 3,459 5.48%CEMPRO 1,517 5.00%HFCL 207 5.00%CPPLUS 3,613 4.83%ANANTRAJ 587 4.74%
Morning brief · Friday, 24 July 2026

Kacholia's view: Indigo's QR code reveals Air India's operational lag

Market pulse
Indian markets ended the week on a sour note, as a nearly one percent drop in banking stocks dragged the benchmark Nifty down to close below 23,900. While most sectors saw declines, with notable losers including CIE India and SRF, green energy firm NTPC Green and security solutions provider CP Plus bucked the trend to post significant gains.
From the investor's mind
One post worth your time, explained
Ashish Kacholia
@LuckyInvest_ARK · on X
Ashish Kacholia highlights the contrasting customer experiences at airline counters for excess baggage, underscoring the operational efficiencies of Indigo compared to Air India. Indigo allows for quick payment via a QR code generated on a point-of-sale machine, enabling a seamless transaction. In contrast, Air India's process involves staff manually collecting and re-entering customer details like email and mobile numbers, followed by a payment link sent via email, a method that is prone to errors and network issues, ultimately creating a more cumbersome experience for the customer.
Yesterday's big moves
Belrise Industries Limited
Belrise Industries LimitedNew Position
229Past year 76%M.cap ₹22,172 Cr
Government Pension Fund Global (Norway)
Government Pension Fund Global (Norway) entered Belrise Industries with 1.05% stake, acquiring 1,01,35,000 shares worth ₹235.48 Cr.
Belrise Industries Limited
Belrise Industries LimitedNew Position
229Past year 76%M.cap ₹22,172 Cr
Invesco Mutual Fund
Invesco Mutual Fund took a new position in Belrise Industries Limited, acquiring 1,46,98,070 shares, representing a 1.52% stake, worth ₹341.44 crore at ₹232.30 per share.
S.J.S. Enterprises Limited
S.J.S. Enterprises LimitedNew Position
2,240Past year 77%M.cap ₹7,283 Cr
Bajaj Finserv Mutual Fund
Bajaj Finserv Mutual Fund took a new position in S.J.S. Enterprises Limited, acquiring 3,23,893 shares worth ₹72.56 crore, representing a 1.01% stake.
Uniphos Enterprises Limited
Uniphos Enterprises LimitedIncreased
100Past year 37%M.cap ₹688 Cr
Demuric Holdings Private Limited along with pac
Demuric Holdings Private Limited along with PACs increased its stake in Uniphos Enterprises Limited from 0.60% to 73.88% by acquiring 5,09,66,612 shares.
Uniphos Enterprises Limited
Uniphos Enterprises LimitedNew Position
100Past year 37%M.cap ₹688 Cr
Demuric Holdings Private Limited
Demuric Holdings Private Limited increased its stake in Uniphos Enterprises from 0% to 73.28% by acquiring 5,09,66,612 shares via a scheme of amalgamation.
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