Market wrap: HCL Tech, Sun Pharma, Power Grid,

Indian equities extended losses for a seventh session, with Nifty falling 0.32% and Sensex 0.42% ahead of US FOMC minutes. IT stocks gained, but broader markets weakened. Analysts flagged 24,000 as crucial Nifty support amid persistent sell-on-rallies sentiment.

Indian Bank raised $400 million through a four-year overseas funding programme via its GIFT City branch, joining Indian lenders tapping global debt markets. Banks are accelerating dollar bond issuances following regulatory changes to the concessional swap window for FCNR deposits. Axis, ICICI, Feder

Continuing its decline, the Indian stock market fell for the seventh consecutive session, driven by high crude prices and increased bond yields. The Nifty dropped to 24,078, while the Sensex closed at 76,909, with all major sectors losing ground except for technology stocks.

The Mopshop Distribution IPO launched on 19 August and will close on 21 August at ₹138 per share. The firm aims to raise funds for loan repayment, vehicle purchase, and renewable energy initiatives, targeting growth and sustainability in operations.

JUNIPER GREEN ENERGY LIMITED has informed the Exchange about Board Meeting to be held on 26-Aug-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended June 2026 .