WhaleWatch

DATE14 Aug

NIFTY 24,366 ▼ 0.12%BANK NIFTY 57,491 ▼ 0.25%NIFTY IT 31,358 ▼ 0.31%NIFTY PHARMA 26,446 ▼ 0.90%LGEINDIA 1,730 ▲ 9.59%NATIONALUM 376 ▼ 6.12%SAMMAANCAP 152 ▼ 5.83%ELGIEQUIP 610 ▲ 5.72%ZEEL 102 ▲ 5.72%OLECTRA 1,317 ▼ 5.50%NATCOPHARM 903 ▼ 5.10%CEMPRO 1,299 ▲ 5.00%CPPLUS 3,519 ▼ 5.00%HINDPETRO 374 ▼ 4.94%NIFTY 24,366 ▼ 0.12%BANK NIFTY 57,491 ▼ 0.25%NIFTY IT 31,358 ▼ 0.31%NIFTY PHARMA 26,446 ▼ 0.90%LGEINDIA 1,730 ▲ 9.59%NATIONALUM 376 ▼ 6.12%SAMMAANCAP 152 ▼ 5.83%ELGIEQUIP 610 ▲ 5.72%ZEEL 102 ▲ 5.72%OLECTRA 1,317 ▼ 5.50%NATCOPHARM 903 ▼ 5.10%CEMPRO 1,299 ▲ 5.00%CPPLUS 3,519 ▼ 5.00%HINDPETRO 374 ▼ 4.94%

Morning brief · Saturday, 15 August 2026

IDFC First finds its footing after false starts, shares up 25%

Market pulse

Indian markets ended the session with a slight retreat, as the Nifty dipped to 24,366 while broader weakness was seen across sectors like banking and IT, with a sharper decline in pharma stocks. Despite the red indices, specific stocks saw dramatic moves, with LGE India rocketing nearly ten percent while National Aluminium tumbled over six percent.

Word in the street

What the wider market is buzzing about

IDFC First Bank Limited

₹86Past year ▲ 25%M.cap ₹73,798 Cr

A sense of quiet conviction has settled around IDFC First Bank, which has seen its stock climb nearly 25 percent over the past year. Some long-term shareholders feel the bank has finally crossed a crucial turnaround point. This comes after previous recovery promises were tripped up first by the pandemic and later by troubles with microfinance loans. The market capitalisation is approximately 73,798 crore. Among the faithful, there is talk of a compounder story just beginning. One investor with a significant holding suggested that if the bank continues its expected trajectory, the stock might even touch 200 by March 2029.

Know more about the stock

Yesterday's big moves