π Market update: Big company news drops
Indian equity markets finished a choppy session on Friday, August 21, with the NSE Nifty50 closing at 24,252, up 0.08%. Reliance Industries' shareholders approved resolutions on August 20, while Bank of Baroda finalized a $400 million note issuance. Power Grid Corporation of India won a TBCB bid for a Gujarat renewable energy project at βΉ822.91 crore per annum. NATCO Pharma received a Form 483 from the US FDA following an inspection between August 17 and August 21, 2026. Analysts anticipate the market will remain sideways to mildly positive in the near term. π