WhaleWatch

DATE24 Aug

NIFTY 24,219 ▼ 0.14%BANK NIFTY 57,526 ▼ 0.41%NIFTY IT 30,597 ▲ 0.21%NIFTY PHARMA 26,339 ▼ 0.08%BLS 242 ▼ 10.98%VMM 114 ▲ 9.74%LTFOODS 459 ▲ 7.34%IDBI 88 ▲ 6.92%URBANCO 169 ▲ 6.46%MUTHOOTFIN 3,209 ▲ 6.19%HEXT 562 ▲ 5.64%AEGISLOG 1,342 ▼ 5.39%PTCIL 21,672 ▲ 5.06%SIEMENS 4,114 ▲ 4.95%NIFTY 24,219 ▼ 0.14%BANK NIFTY 57,526 ▼ 0.41%NIFTY IT 30,597 ▲ 0.21%NIFTY PHARMA 26,339 ▼ 0.08%BLS 242 ▼ 10.98%VMM 114 ▲ 9.74%LTFOODS 459 ▲ 7.34%IDBI 88 ▲ 6.92%URBANCO 169 ▲ 6.46%MUTHOOTFIN 3,209 ▲ 6.19%HEXT 562 ▲ 5.64%AEGISLOG 1,342 ▼ 5.39%PTCIL 21,672 ▲ 5.06%SIEMENS 4,114 ▲ 4.95%

Morning brief · Tuesday, 25 August 2026

Market coupling fears return to haunt Indian Energy Exchange

Market pulse

Indian markets edged lower in the last session, as a dip in banking stocks pulled the Nifty down to 24,219 while the IT index bucked the trend with a small gain. Strong individual performances came from VMM and LT Foods, which rallied over 7 percent, even as shares of BLS tumbled nearly 11 percent.

From the investor's mind

One post worth your time, explained

@soicfinance · on X

Demand is increasing for US Class 8 trucks due to several factors, according to Ishmohit Arora of SOIC. This rise is attributed to demand from the construction sector, the need to replace older trucks, and a mild pre-buy ahead of the upcoming EPA27 emission norms. Additionally, Arora notes that high-horsepower engine demand is being driven by power generation requirements.

Word in the street

What the wider market is buzzing about

Indian Energy Exchange Limited

₹123Past year ▼ 12%M.cap ₹11,063 Cr

A key debate has resurfaced around the Indian Energy Exchange, which has seen its stock fall 12.1 percent over the last year. Chatter focuses on the potential impact of market coupling, a mechanism that could change how power exchanges operate. Some participants believe any implementation would be restricted to the Day-Ahead Market, or DAM, a segment whose share of total volumes has been shrinking. They point to the faster-growing Real-Time Market, or RTM, where coupling seems more complex and distant. Others argue IEX’s advantage comes from superior execution and customer stickiness, which has helped it maintain share despite competition.

Know more about the stock

Yesterday's big moves