Markets at Noon: Nifty and Sensex Climb as Forest Materials Sector Shines
Indian markets show positive momentum at midday with Nifty at 24,965.90 (+0.39%) and Sensex at 81,659.91 (+0.43%). Forest Materials sector leads gains (+3.68%), while Castings, Forgings & Fasteners face selling pressure (-2.23%). Buzzing stocks include Vedanta (interim dividend), Reliance Industries (upcoming AGM), Brigade Enterprises (new projects), GNG Electronics (strong Q1 results), NTPC Green Energy (capacity addition), TCS (ICICI Lombard implementation), and Indian Energy Exchange (potential CERC appeal).

*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are showing positive momentum at midday, with both benchmark indices trading in the green. The Nifty 50 is currently at 24,965.90, up 95.80 points or 0.39% from its previous close. Similarly, the BSE Sensex is trading at 81,659.91, registering a gain of 353.06 points or 0.43%.
Sectoral Performance
The market is witnessing a mixed sectoral performance, with some sectors outperforming while others face selling pressure.
Top Performing Sectors:
Sector | Avg. Per Change |
---|---|
Forest Materials | 3.68% |
Diamond, Gems and Jewellery | 1.28% |
Top Losing Sectors:
Sector | Avg. Per Change |
---|---|
Castings, Forgings & Fasteners | -2.23% |
Printing & Stationery | -2.01% |
Engineering Services | -1.58% |
Trading | -0.75% |
Beverages | -0.70% |
Buzzing Stocks
Several stocks are making headlines in today's trading session:
Vedanta Ltd
The company has declared an interim dividend of 1,600% (Rs 16 per share) with a record date of August 26. Investors must purchase shares by August 25 to be eligible for the dividend payout.
Reliance Industries Ltd
Investors are eagerly awaiting the company's Annual General Meeting scheduled for August 29, where Chairman Mukesh Ambani is expected to address 44 lakh shareholders. Key updates on the Jio IPO and other business segments are anticipated. In a separate development, RIL completed its acquisition of Nauyaan Shipyard for Rs 45.32 crore.
Brigade Enterprises Ltd
The company has signed a long-term lease for a 7-acre mixed-use development in Chennai and launched a new residential project in Bengaluru with a projected revenue potential exceeding Rs 950 crores.
GNG Electronics Ltd
The company reported strong Q1 FY2026 results with 22% YoY revenue growth and a 55% surge in profit after tax.
NTPC Green Energy Ltd
The company has added 50 MW of solar power capacity at its Bhuj project, increasing its total group capacity to 7,247.6 MW.
TCS
The IT giant has successfully implemented an automated multi-region disaster recovery system for ICICI Lombard using AWS Cloud infrastructure.
Indian Energy Exchange Ltd
The company is considering whether to appeal against CERC's power coupling decision in APTEL within the next 10 days.
Conclusion
As the trading day progresses, the Indian markets are showing resilience with both Nifty and Sensex in positive territory. The Forest Materials sector is leading the gains, while some traditional sectors face selling pressure. Investors are closely watching key stocks for further cues on market direction.