Benchmark indices Sensex and Nifty closed marginally lower on Tuesday amid concerns over elevated crude oil prices and renewed tensions between the US and Iran, which weighed on investor sentiment. According to reports from Live Mint, the 30-share BSE Sensex ended 12.99 points, or 0.02%, lower at 76,944.28 after a volatile trading session. The index had fallen as much as 301.15 points, or 0.39%, to 76,656.12 during intraday trading before recovering during the Closing Auction Session (CAS). The 50-share NSE Nifty also ended lower, declining 24.60 points, or 0.10%, to settle at 24,055.80 on the weekly expiry day.
PVR INOX launched its first-ever buyback worth ₹300 crore, approving the repurchase of up to 20.69 lakh equity shares at ₹1,450 per share via the tender offer route - roughly a 20% premium over Monday's close of ₹1,207.70. September 4 has been fixed as the record date, with the promoter group set to participate and DAM Capital Advisors named as manager. Time Technoplast secured an order worth approximately ₹87.53 crore from a public sector joint venture of two Maharatna PSUs for Type IV Composite CNG Mobile Storage Cascades, to be deployed across the client's CNG and City Gas Distribution network with execution expected within a year. NCC won ₹430 crore worth of projects, while Milky Mist Dairy Food reported that its profit jumped 10x, and E2E Networks inked a ₹1,000 crore GPU deal.
Tata Motors announced that it has obtained all necessary prior regulatory approvals under applicable sectoral regulations for its proposed acquisition of Italian commercial vehicle manufacturer Iveco Group. According to CNBC TV18, Wipro has extended its Digital Workplace Services contract with ABB, with the renewed deal focusing on AI-enabled digital workplace services across ABB's global operations. Gland Pharma reported that the US Food and Drug Administration (US FDA) completed a Good Manufacturing Practices (GMP) inspection of its Visakhapatnam facility from August 24 to September 1, with no Form 483 observations. L&T Finance obtained perpetual registration from the Insurance Regulatory and Development Authority of India (IRDAI) to operate as a Corporate Agent (Composite), effective August 31, 2026.
NMDC recorded an increase in production in August, with total output rising to 4.07 million tonnes (MT) from 3.37 MT in the year-ago period. As reported by CNBC TV18, total sales stood at 3.58 MT, compared with 3.39 MT in August 2025. Texmaco Rail & Engineering secured an order worth ₹24.48 crore from Transport Corporation of India Limited for manufacturing, supply and commissioning of a rake consisting of ACT-1 and BVCM wagons, with the domestic order to be executed within 16 weeks. ARSS Infrastructure Projects has secured an order worth ₹131 crore from East Coast Railway, strengthening its order book and adding to its railway infrastructure project pipeline.
Welspun Corp, along with Perma-Pipe International Holdings, entered into a memorandum of understanding with developers of Jordan's National Water Carrier Project and the Jordanian government to establish pipe manufacturing and advanced coating facilities in Jordan. According to CNBC TV18, these developments across multiple sectors are expected to keep these companies in focus for Wednesday's trading session.
