WhaleWatch

DATE28 Aug

NIFTY 24,176 ▲ 0.35%BANK NIFTY 57,496 ▼ 0.02%NIFTY IT 31,282 ▲ 3.51%NIFTY PHARMA 26,992 ▲ 0.53%NSLNISP 49 ▲ 8.96%NEWGEN 567 ▲ 8.43%ATHERENERG 1,616 ▲ 8.09%TEJASNET 550 ▲ 7.63%PTCIL 22,110 ▲ 7.22%IFCI 90 ▲ 6.75%TTML 39 ▲ 6.53%COFORGE 2,015 ▲ 5.93%SHYAMMETL 1,100 ▲ 5.51%CGCL 258 ▲ 5.38%NIFTY 24,176 ▲ 0.35%BANK NIFTY 57,496 ▼ 0.02%NIFTY IT 31,282 ▲ 3.51%NIFTY PHARMA 26,992 ▲ 0.53%NSLNISP 49 ▲ 8.96%NEWGEN 567 ▲ 8.43%ATHERENERG 1,616 ▲ 8.09%TEJASNET 550 ▲ 7.63%PTCIL 22,110 ▲ 7.22%IFCI 90 ▲ 6.75%TTML 39 ▲ 6.53%COFORGE 2,015 ▲ 5.93%SHYAMMETL 1,100 ▲ 5.51%CGCL 258 ▲ 5.38%

Morning brief · Saturday, 29 August 2026

Shilchar’s ₹4,662 crore question: what comes after expansion

Market pulse

Indian markets snapped a two-day losing streak, pushed higher by a dramatic surge in technology stocks even as the big banks finished the day nearly unchanged. The Nifty closed up a third of a percent at 24,176, but the real story was the IT index, which soared over three and a half percent, while individual names like NSLNISP, Newgen, and Ather Energy posted gains of over eight percent.

From the investor's mind

One post worth your time, explained

@suru27 · on X

The global diamond value chain exhibits significant geographical concentration, with India serving as the dominant hub for diamond polishing. Kumar Saurabh highlighted that while diamonds can be mined or lab-grown anywhere, approximately 95% of the world's cutting and polishing capacity is concentrated in India. This structural dynamic means that India processes a huge share of the world's diamonds, underscoring its critical role despite not being a primary mining location.

Word in the street

What the wider market is buzzing about

Shilchar Technologies Limited

₹4,046Past year ▼ 3%M.cap ₹4,662 Cr

Investors are taking a closer look at Shilchar Technologies, a company with a market capitalisation of about 4,662 crore rupees. The stock has not rewarded shareholders over the past year, with a decline of 2.99 percent. Online discussions among investors have touched upon the company's performance following its previous expansion efforts. Some have expressed concerns about the company's ability to effectively monetise that earlier phase of growth. This has led to a sense of caution, with some market participants indicating they are not willing to wait for further developments, given the issues they perceive with the last round of expansion.

Know more about the stock

Yesterday's big moves