Godrej Industries Group has signed an MoU with the Haryana government outlining a proposed investment of approximately Rs. 20,000 crore in the state, with the potential to generate around 40,000 jobs. Shares of Godrej Industries traded at Rs. 1,231.55, up Rs. 1.70 or 0.14%, after touching an intraday high of Rs. 1,250 and low of Rs. 1,222.25. Trading volume stood at 4,269 shares, 66.20% below its five-day average.

Copper was quoted at $6.5880 per pound, gaining 0.02%. The metal remained largely stable as investors weighed industrial demand, economic signals and conditions across major global markets.

Gold traded at $4,709.6 per troy ounce, rising 0.62%. The precious metal advanced as investors continued to assess geopolitical uncertainty and market volatility, supporting safe-haven demand.

Natural gas stood at $2.721 per million BTUs, declining 1.88%. Traders continued to monitor demand expectations, supply conditions and developments affecting the global energy market.

Light crude oil traded at $85.24 per barrel, down 2.09% during the session. The commodity remained under pressure as investors assessed geopolitical developments, supply concerns and broader global market conditions.

The US dollar-rupee pair stood at 95.7100, up 0.0250 or 0.03% as of 12:31 pm IST. The rupee weakened early before recovering, with the dollar-rupee rate rising steadily through the morning. It remained above the previous close of 95.6850.

Reliance Industries traded at Rs. 1,308.10, down Rs. 5.90 or 0.45% from the previous close of Rs. 1,314. The stock witnessed selling pressure through the morning, falling below Rs. 1,306 before recovering slightly around noon. It remained below the previous close amid continued intraday weakness.

MP Steel has filed draft papers with SEBI for an IPO comprising a fresh issue of up to Rs 95 crore and an offer for sale of up to 23.07 lakh shares by promoters. The stainless-steel products maker plans to use fresh proceeds for a billet manufacturing unit, working capital and general corporate purposes. It reported Rs 413.41 crore revenue and Rs 15.81 crore profit for FY26.

The Sensex stood at 77,325.82, down 215.01 points or 0.28% from the previous close of 77,540.83. The index weakened sharply after 11 am, falling below 77,400 and touching nearly 77,320 before a marginal recovery. The benchmark remained under pressure during the session.

The Nifty stood at 24,193.90, down 58.10 points or 0.24% from the previous close of 24,252. The index slipped sharply after 11 am, touching nearly 24,180 before recovering modestly. It remained below the previous close amid sustained intraday pressure.

Muthoot Finance futures gained 4.25%, while open interest climbed 14.88% in the September contract, indicating a long build-up. The August contract also advanced 4.27%, accompanied by a 12.82% rise in open interest, highlighting increased bullish activity across near-term futures positions.

Gift Nifty signalled a positive start for Indian equities on August 24. Market expert Vaishali Parekh recommended Wockhardt, Kotak Mahindra Bank and Power Grid Corporation for intraday trading. Her recommendations include specific buy levels, targets and stop-losses as investors assess market momentum amid mixed global cues and ongoing geopolitical concerns.

Nifty PSU Bank stocks traded lower intraday, with Bank of Baroda falling 2.13% to Rs. 241.74, followed by Canara Bank at 1.63%. SBI declined 0.83%, PNB 0.63%, Bank of India 0.52%, Punjab & Sind Bank 0.43%, and Union Bank 0.15%.

Several stocks are likely to remain in focus today on company-specific developments. Reliance Industries, Power Grid, JSW Infrastructure, Kaynes Technology, Federal Bank, and IREDA feature among key names to watch. IREDA has set September 11 as the record date for its proposed Rs. 0.75 final dividend, while Power Grid won a renewable-energy transmission project in Gujarat.

Bank Nifty declined 0.90% since the last expiry, even as futures open interest climbed 26.24%. In the options segment, call open interest jumped 187.16%, while put open interest rose 158.94%. Overall options open interest increased 159.29%, indicating a sharp rise in derivatives activity as the index moved lower.

The Nifty stood at 24,221.90, down 30.10 points or 0.12% from the previous close of 24,252. The index witnessed a sharp intraday decline after trading around 24,280, falling below 24,230 near 11 am. It remained in negative territory.

The Sensex stood at 77,616.79, gaining 75.96 points or 0.10% from the previous close of 77,540.83. The index saw early volatility, slipping from higher levels before recovering. It remained above 77,600 during the latest trading session.

Indian benchmark indices remained under pressure as Monday’s session progressed, with the Sensex and Nifty extending losses after an initially volatile start. The Nifty slipped to 24,193.90, while the Sensex fell to 77,325.82. PSU banks faced selling pressure, while Bank Nifty declined amid a sharp rise in options open interest. Meanwhile, crude oil fell over 2%, the rupee traded near 95.71 against the dollar and gold gained as investors tracked geopolitical developments and global cues.