DATE26 Aug

NIFTY 24,208 ▼ 0.52%BANK NIFTY 57,784 ▲ 0.47%NIFTY IT 30,319 ▼ 1.47%NIFTY PHARMA 26,626 ▲ 0.23%SBFC 101 ▲ 9.02%JINDALSAW 302 ▲ 7.35%IDBI 95 ▲ 7.29%CYIENT 1,048 ▲ 7.01%CGCL 256 ▲ 6.96%HINDZINC 626 ▲ 5.72%SAIL 195 ▲ 5.59%ANTHEM 923 ▲ 5.53%DATAPATTNS 4,779 ▲ 5.22%OLAELEC 38 ▲ 4.97%NIFTY 24,208 ▼ 0.52%BANK NIFTY 57,784 ▲ 0.47%NIFTY IT 30,319 ▼ 1.47%NIFTY PHARMA 26,626 ▲ 0.23%SBFC 101 ▲ 9.02%JINDALSAW 302 ▲ 7.35%IDBI 95 ▲ 7.29%CYIENT 1,048 ▲ 7.01%CGCL 256 ▲ 6.96%HINDZINC 626 ▲ 5.72%SAIL 195 ▲ 5.59%ANTHEM 923 ▲ 5.53%DATAPATTNS 4,779 ▲ 5.22%OLAELEC 38 ▲ 4.97%

Morning brief · Thursday, 27 August 2026

Can a new PI Industries emerge from the ashes of the old

Market pulse

Indian markets charted a divergent course, as a sharp downturn in the IT sector pulled the Nifty down over half a percent to close at 24,208. Bucking the trend, the banking index posted modest gains while select stocks like SBFC, Jindal Saw, and IDBI Bank surged over seven percent each.

From the investor's mind

One post worth your time, explained

@aditya_kondawar · on X

Dixon Technologies has partnered with BITS Pilani to launch a center of excellence, which will offer an M.Tech program starting in August. This program will specifically focus on areas like display, optics, and artificial intelligence, as noted by Aditya Kondawar. The collaboration highlights a direct link between manufacturing industry leaders and academic institutions to cultivate specialized talent.

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Word in the street

What the wider market is buzzing about

PI Industries Limited

₹2,508Past year ▼ 33%M.cap ₹38,079 Cr

The story on the street for PI Industries, a stock down over 33 percent in the past year, has become a tale of two companies. Investors see the old PI, where one molecule, pyroxasulfone, faced patent expiries and partner sales downgrades. But the focus is shifting to the PI being rebuilt. This new version is defined by diversification into pharma, electronic chemicals, and biologicals, including the 2024 acquisition of Plant Health Care. A key development is Pioxaniliprole, India's first indigenously discovered insecticide, which helps pivot the narrative from a single product's troubles to a future of broader, homegrown innovation.

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Yesterday's big moves