Reliance surges on tariff hike; Inox Wind, L&T Finance shine
Written by - Fisdom Research
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August 19, 2025
2 minutes
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Market Snapshot
Bulls strengthened their hold on Dalal Street on August 19, as Indian equities rallied for the fourth consecutive session with the Nifty briefly crossing the 25,000 mark, supported by heavyweights and broad-based buying, except pharma. However, profit booking at higher levels pulled the index back below 25,000.
Sector-wise, barring pharma, all indices closed in the green, with telecom, FMCG, media, auto, and oil & gas gaining around 1% each.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY OIL & GAS
1.7
NIFTY PSU BANK
1.0
NIFTY MEDIA
1.3
NIFTY MIDSMALL FINANCIAL SERVICES
1.0
NIFTY AUTO
1.3
NIFTY METAL
0.8
NIFTY FMCG
1.1
NIFTY REALTY
0.7
Top News
Reliance Industries: The stock rose over 2% on August 19 after Jio effectively hiked tariffs by 20% through the withdrawal of its entry-level plan.
Inox Wind: Shares surged nearly 5% after the company announced the sale of a ₹175 crore stake in its subsidiary, Inox Renewable Solutions Ltd., valuing the unit at ₹7,400 crore.
L&T Finance: The stock gained 3% on August 19 amid heavy volumes, extending its two-day rally to 7% after S&P Global Ratings upgraded the NBFC’s stand-alone credit rating by one notch on expectations of improved risk-adjusted capital (RAC) ratios.
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
TATAMOTORS
3.6
DRREDDY
-1.4
ADANIPORTS
3.2
CIPLA
-1.2
RELIANCE
2.8
HINDALCO
-1.0
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
24,850
25,300
Bank Nifty
54,995
56,000
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