RBL, Yes Bank, CG Power Rally on Fundraising and Expansion News
Written by - Fisdom Research
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August 29, 2025
2 minutes
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Market Snapshot
Benchmark indices ended a session in the red on August 29, with the Nifty 50 closing at 24,429, selling was seen in realty, oil & gas, auto and IT.
Sectoral performance was negative except for FMCG, media and consumer durable which ended on a positive note.
Broader markets also ended in red, with the BSE Midcap index down by -0.41 percent and the Smallcap index by -0.29 percent.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY FMCG
1.0
NIFTY REALTY
-1.3
NIFTY MEDIA
0.4
NIFTY OIL & GAS
-1.0
NIFTY CONSUMER DURABLES
0.2
NIFTY AUTO
-0.9
NIFTY PHARMA
0.0
NIFTY IT
-0.9
Top News
RBL Bank will raise up to ₹6,500 crore through QIP and debt instruments, with the issue planned in multiple tranches.
CG Power shares rose over 5% after its subsidiary launched a ₹7,600-crore semiconductor assembly and testing unit in Gujarat.
Yes Bank jumped 4% on reports that Japan’s SMBC will infuse ₹16,000 crore, strengthen its balance sheet and paving the way for a strategic stake.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
ITC
2.2
M&M
-2.9
SHRIRAMFIN
1.8
RELIANCE
-2.2
BEL
1.5
INFY
-2.1
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
24,100
24,700
Bank Nifty
53,150
54,250
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