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Research Periodic Report Vodafone Idea, KPR Mill & Godrej Properties Slide on AGR and Tariff Concerns

Vodafone Idea, KPR Mill & Godrej Properties Slide on AGR and Tariff Concerns

Written by - Fisdom Research

August 26, 2025 2 minutes

Market Snapshot

  • Benchmark indices closed near the day’s low on August 26, with large caps pulling Nifty below 24,700 amid concerns over Trump’s draft order to impose an additional 25% tariff on Indian imports from August 27.
  • The BSE Midcap index slipped 1.3% and Smallcap index 1.7%. 
  • Except FMCG, all sectoral indices ended lower, with PSU Bank, Metal, Pharma, Oil & Gas, Consumer Durables, Realty and Telecom down 1–2%.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY FMCG 0.9 NIFTY PRIVATE BANK -1.3
NIFTY AUTO -0.4 NIFTY MIDSMALL HEALTHCARE -1.3
NIFTY IT -0.6 NIFTY OIL & GAS -1.6
NIFTY MEDIA -0.8 NIFTY METAL -1.7

Top News

  • Vodafone Idea drop over 9% after the Telecom Ministry clarified there will be no additional AGR relief beyond debt-to-equity conversion already done.
  • KPR Mill slipped nearly 4% as the US proposed an extra 25% tariff on Indian imports from Aug 27, raising fears of order cancellations in textiles and shrimp exports.
  • Godrej Properties and other real estate stocks dropped more than 3% as the Trump-led tariff move is expected to push up raw material costs, pressuring margins.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
EICHERMOT 2.7 SHRIRAMFIN -4.0
HINDUNILVR 2.3 SUNPHARMA -3.4
MARUTI 1.9 TATASTEEL -2.9

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 24,900 25,500
Bank Nifty 54,800 55,000

Trade Ideas Update

  • Our trade ideas success rate has 72% over the past month, even with increased volatility in the benchmark index. Follow Trade Ideas for timely stock insights.
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