HDFC Bank, Tata Power, Juniper Green among buzzing stocks as SENSEX falls 190 pts; NIFTY trades below 24,200

The Indian benchmark indices, SENSEX and NIFTY50, were trading in the red during the afternoon session on Thursday, August 27, amid weak global cues and a sell-off in cement and media stocks. Investor sentiment was also impacted by persistent geopolitical pressures.

The SENSEX tumbled as much as 0.52% to hit an intraday low of 77,175.50. Meanwhile, the NIFTY50 dropped as much as 0.6% to touch the session’s low of 24,133.75.

At 12:49 PM, the S&P BSE SENSEX fell by 190.11 points, or 0.25%, to trade at 77,282.83, while NSE’s NIFTY50 stood at 24,173.20, registering a 34.55-point, or 0.14% decline.

The top losers in the NIFTY50 index included HDFC Bank, Hindalco Industries, Shriram Finance, NTPC and Mahindra & Mahindra (M&M).

On the contrary, Kotak Mahindra Bank, Tech Mahindra, Tata Motors PV, Adani Enterprises, and Adani Ports & Special Economic Zone were among the top gainers.

Buzzing stocks on August 27: Check list

Shares of companies with exposure to Nepal, such as Emami, NHPC, Marico, Dabur and more, were trading lower amid the massive flash floods that have caused widespread destruction in the country.

The floods have disrupted normal operations across several areas, with casualties reported and several people, including security personnel and foreign tourists, still missing.

Railway stocks were in focus on Thursday, August 27, after Union Minister of Railways Ashwini Vaishnaw on Wednesday said that Indian Railways is moving towards four-laning the entire high-density railway routes.

In a social media post, Vaishnaw said that there are seven high-density routes spread over nearly 11 thousand kilometres and carry a major share of the country’s rail traffic.

The Minister said that the expansion of the routes is significant as it will help create more capacity across the network and support the future growth of passenger and freight traffic. He also underlined the environmental and economic advantages of rail transport over road transport.

Four-laning involves expanding existing railway corridors from two tracks to four, allowing more trains to run and easing congestion.

Juniper Green Energy shares hit a 52-week high of ₹282 apiece on the National Stock Exchange (NSE) on Thursday, August 27, post-Q1 FY27 earnings, but slipped 5% later amid profit booking.

The power generation company posted a 54% year-on-year (YoY) growth in its consolidated net profit to ₹34 crore for the first quarter of the fiscal year 2026-27 (Q1 FY27) as against ₹22 crore reported in the year-ago period.

Its revenue from operations stood at ₹291 crore, increasing 81% for the quarter under review as compared to ₹161 crore in Q1 FY26.

The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 89% YoY to ₹262 crore in Q1 FY27 from ₹138 crore in the corresponding quarter of the previous fiscal year.

Shares of Bombay Burmah Trading Corporation, the country's leading tea producer, rose as much as 15% to hit an intraday high of ₹1,635 on August 27.

The stock came under buying interest after it informed exchanges that it received a favourable judgement from the Supreme Court.

Bombay Burmah Trading Corporation, post-market hours on Wednesday, said that the Supreme Court allowed its interlocutory application and recalled the observation made on May 29, 2026, which said that lease rent of ₹4,655 crore remained to be recovered by the state government from the company.

ICICI Prudential Asset Management Company (AMC) stock fell 5% during market hours on Thursday, August 27, as investors reacted to the promoter group entity Prudential Corp. selling a 2% stake in the company on the open market.

In an exchange filing on Wednesday, ICICI Prudential AMC disclosed that one of its promoters, Prudential Corp., intended to sell equity shares to comply with the minimum public shareholding norms applicable as per the regulations.

The filing further mentioned that Prudential Corp. would sell a 2% stake of the company aggregating to 9,885,169 equity shares on the open market during the trading session on Thursday, August 27, 2026.

“Upon completion of the abovementioned sale, the aggregate shareholding of the promoters and promoter group in the company would be reduced from 87.60% to 85.60% of the total issued and paid-up equity share capital of the company,” ICICI Prudential AMC informed the exchanges.

Tata Power shares declined 4% after the opening bell on Thursday, August 27, as investors focused on the Singapore International Commercial Court dismissing the company’s challenge against a $490 million arbitration award to Kleros Capital.

Although the Singapore court dismissed the appeal on August 26, Tata Power now plans to submit another appeal against the latest order within the designated 28-day period, challenging the decision to uphold the arbitration award.

The stock of HDFC Bank, the country’s largest private sector lender, fell as much as 1.8% to hit a 52-week low of ₹714.30 per equity share on Thursday, August 27, following news reports that a securities class-action lawsuit was filed in the United States (US) against the lender and two senior executives.

As per an NDTV Profit report, the bank said that in the United States, these types of shareholder lawsuits are incredibly common after a company experiences a stock drop, and many companies listed in the U.S. routinely defend these lawsuits each year. “The Bank believes the lawsuit is without merit and intends to vigorously defend itself,” it further added.

The lawsuit, filed in the US District Court for the Southern District of New York, alleges that HDFC Bank made materially false or misleading statements and failed to disclose information related to alleged payments of around ₹45 crore that were reportedly routed through its marketing budget to induce deposits from Maharashtra State Road Development Corporation (MSRDC), according to media reports.

The plaintiffs allege that senior management approved the arrangement, which likely violated banking regulations and HDFC's own policies against improper inducement.

Shares of Bajaj Finance were trading with gains as the company’s board of directors, at its meeting, approved the allotment of 500,000 (or 5 lakh) non-convertible debentures (NCDs), at a face value of ₹1 lakh per NCD.

This aggregates to allotting NCDs worth ₹5,000 crore on a private placement basis, with a coupon rate of 8.15% per annum, with the first coupon payment on August 27, 2027, and annually thereafter.

The debentures are proposed to be listed on the wholesale debt market segment of BSE, the company stated.