Synopsis

On Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals from global economies. Notably, Wipro's stock saw gains following its expanded partnership with Google Cloud aimed at enhancing AI implementation. Meanwhile, Lenskart's current investor is set to sell shares worth up to Rs 1,313 crore.

Markets traded under pressure on Thursday, with benchmark indices ending lower amid mixed global cues and selling in heavyweight stocks across sectors. Technically, analysts say Nifty is gradually narrowing down its consolidation range into a tight band, indicating a squeeze in volatility. A decisive breakout from either side of the range would provide directional cues and likely determine the next near-term trend.

In today's trade, shares of Wipro, Lenskart, Tata Motors PV, Ather Energy, Kotak Bank among others will be in focus due to various news developments.

Lenskart

Alpha Wave Ventures II, an existing investor, is likely to divest shares worth up to Rs 1,313 crore in Lenskart Solutions through the stock exchanges' screen-based trading platform. According to exchange data, Alpha Wave Ventures II, LP held 2,12,39,111 shares, representing a 1.22% stake in Lenskart Solutions as of the quarter ended June 2026.

Wipro

Wipro ADRs rose on Thursday after the IT services company expanded its partnership with Google Cloud to scale enterprise adoption of Gemini Enterprise and agentic AI. The company said it will deploy Gemini Enterprise internally and equip more than 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers, with advanced AI tools to improve productivity, operations and decision-making.

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Kotak Mahindra Bank

Kotak Mahindra Bank arm Kotak Mahindra Investments announced on Thursday that Siddarth Gandotra has resigned from the position of Chief Financial Officer (CFO), with effective from closing hours of August 31, 2026. The Board has approved the appointment of Hiren Vora with effect from September 1, 2026.

Tata Motors PV

Tata Motors on Thursday unveiled a new brand identity, Tata.Cars, aimed at customers of its passenger vehicle business as the automaker moves to meet the growing aspirations of Indians. The Tata.Cars will serve as the primary customer facing expression as Tata Motors Passenger Vehicles (TMPV) will continue to be the legal entity.

BPCL

India's Bharat Petroleum Corp will receive its first Iraqi oil cargo of this fiscal year in the next few days and is willing to lift more oil from suppliers in the Gulf on a free-on-board basis if ships are available, its head of finance said on Thursday.

Ather Energy

Hero MotoCorp has approved the purchase of additional equity shares of Ather Energy, an associate company. Post the purchase of additional shares, Hero MotoCorp shareholding in Ather would increase to up to 32.8% (on a fully diluted basis) of the share capital of Ather.

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