Indian Markets Set to Break Three-Day Losing Streak

By siliconindia  |  Monday, 01 September 2025, 09:17:29 AM IST

Indian Markets Set to Break Three-Day Losing Streak
  • Nifty50 likely to open higher after three days of losses; GIFT Nifty up 34 pts at 24,602.
  • Global cues mixed – Asian markets weak, US futures rise after tariff ruling.
  • Stock action in focus – Reliance (Jio listing buzz), Adani & Torrent Power (big projects), RBL Bank (Rs 6,500 crore fundraising).
Indian benchmark indices are expected to open higher on Monday after three straight sessions of losses, supported by positive cues from futures trading and selective stock action, even as global markets remain mixed.
At 8:00 AM, the early indicator of Nifty50 performance GIFT NIFTY was trading 34 points or 0.14 per cent higher at 24,602, suggesting a positive start for domestic markets.
Global Cues Mixed
Asian stock markets opened weak, tracking last Friday’s sharp selloff on Wall Street led by technology shares. The MSCI Asia Pacific index was down 0.10 per cent, dragged lower by Japan’s Nikkei, which slipped 1.9 per cent, and Australia’s S&P ASX 200, down 0.4 per cent.
In the US, futures gained after a federal appeals court ruled against former President Donald Trump’s trade tariffs. However, on Friday, the S&P 500 closed 0.64 per cent lower, while the Nasdaq Composite fell 1.15 per cent.
Back home, on Friday, the BSE Sensex dropped 270.92 points or 0.34 per cent to end at 79,809.65, while the Nifty50 fell 74.05 points or 0.30 per cent to 24,426.85.
On the geopolitical front, Prime Minister Narendra Modi and Chinese President Xi Jinping met on Sunday and agreed that stronger ties between India and China could help stabilise global trade. The two leaders stressed the need to rebuild trust, with Xi calling friendship between the two countries the 'right choice'.
Stocks to Watch Today
Reliance Industries: Reliance’s 48th Annual General Meeting (AGM) remained in focus, with analysts largely maintaining a ‘Buy’ rating on the stock. Brokerage houses highlighted the roadmap for the public listing of Reliance Jio, which they believe could unlock significant shareholder value. Some brokerages set target prices that imply up to 27 per cent upside.
Adani Power: The company received a Letter of Award (LoA) from MP Power Management Company Ltd. to supply power from its proposed 800 MW ultra-supercritical thermal power plant in Anuppur, Madhya Pradesh. The project will operate under the DBFOO model, with coal sourced through the SHAKTI Policy.
Torrent Power: Torrent Power announced its largest-ever investment in the power sector. It will set up a 1,600 MW (2x800 MW) coal-based thermal power project in Madhya Pradesh. The company has signed a 25-year Power Purchase Agreement (PPA) with MP Discoms at Rs 5.829 per unit.
NCC: Infrastructure firm NCC secured orders worth Rs 788.34 crore in August under its Water Division. The projects were awarded by state government agencies and form part of its routine business.
Dharan Infra EPC: The company bagged contracts worth about Rs 1,171.21 crore from Skymax Infra Power Ltd. Around 80 per cent of the order value involves international procurement of plant and machinery through subsidiaries.
Popular Vehicles & Services: The auto dealer received in-principle approval from Maruti Suzuki India to acquire a dealership in Telangana, strengthening its partnership with MSIL and expanding into a new market.
H.G. Infra Engineering: The company’s board approved the allotment of 40,000 senior unsecured redeemable NCDs, each worth Rs 1 lakh, aggregating Rs 400 crore through private placement. These bonds will be listed on the BSE.
Mangalore Chemicals & Fertilizers (MCF): MCF signed a Business Transfer Agreement to acquire the Mahad SSP unit of Zuari Agro Chemicals for Rs 72.75 crore in cash. The unit has a production capacity of 200,000 tonnes per annum (TPA). The acquisition is expected to improve its product mix and margins.
RBL Bank: The private lender approved plans to raise up to Rs 3,500 crore through a Qualified Institutional Placement (QIP) and another Rs 3,000 crore via debt securities issuance.
EPACK Durable: EPACK Durable invested Rs 9.99 crore in its wholly owned subsidiary, EPACK Manufacturing Technologies Pvt Ltd (EMTPL). The investment was made by subscribing to 99.90 lakh equity shares of Rs 10 each through a rights issue.
NHPC: The state-run power company approved a revised borrowing plan to raise up to Rs 10,000 crore in FY26. It also cleared plans to monetise future cash flows from projects like Chamera-III and Parbati-III.
RITES: RITES received an LoA from NTPC Ltd. for a Biennial MGR Mega Contract covering S&T maintenance, track maintenance, MGR operations, and DU handling at NTPC’s Mouda Super Thermal Power Project. The contract is worth Rs 25.30 crore for a duration of 24 months.
Zydus Wellness: Subsidiary Alidac UK Ltd. signed a Share Purchase Agreement to acquire UK-based Comfort Click Ltd. The acquisition involves 100 per cent of Class A and B shares, 71.43 per cent of Class C, and 66.67 per cent of Class D shares.
Tech Mahindra: The IT major informed that its US-based subsidiary, Tech Mahindra Technology Services LLC, has been voluntarily liquidated with effect from August 29, 2025.
Outlook
Markets are expected to see selective buying interest today, with focus shifting to heavyweight stocks like Reliance Industries and power sector majors such as Adani Power and Torrent Power. Domestic cues including corporate deals, fund-raising plans, and government contracts are likely to support investor sentiment even as global markets remain cautious.

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