Stocks to Watch: Hyundai India, BSE, HEG

Meanwhile, the Economic Times daily newspaper is available online now.

Key points

• Indian equity markets extended their losing streak to a seventh consecutive session on Wednesday, with the benchmark NSE Nifty50 settling 76.60 points, or 0.32%, lower at 24, 078.30.
• Graphite electrode manufacturer HEG remarked the National Business Law Tribunal (NCLT), Indore Bench, has approved the Composite Scheme of Arrangement among HEG, HEG Graphite and Bhilwara Energy.
• Indian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24, 078.30.
• Hyundai Motor India intends to rise vehicle rates by up to 1% throughout its portfolio, effective September 2026.
• Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil India.

Stocks in news: Hyundai Motor India, BSE, HEG, Hexaware Tech and Oil India. ETMarkets.comLast Updated: Aug 20, 2026, 06: 00: 00 AM IST.

Indian equity markets extended their losing streak to a seventh consecutive session, with the Nifty50 closing lower at 24, 078.30. Key corporate developments are projected to influence Thursday's trade, including Hyundai Motor India's planned rate growth, Aditya Infotech's fundraising approval, and BSE's agreement with MSCI for index futures and options. Other firms like HEG, Ceigall India, and HDFC Life Insurance additionally saw significant announcements.

Indian equity markets extended their losing streak to a seventh consecutive session on Wednesday, with the benchmark NSE Nifty50 settling 76.60 points, or 0.32%, lower at 24, 078.30. The Nifty discovered backing at the lower band of the rising channel and filled a gap on the daily timeframe. The 61.8% Fibonacci retracement level additionally coincided with these backing levels, where the index created a low.

Immediate backing is placed at 24, 000-24, 050. If this zone holds, Rupak De, senior technical analyst at LKP Securities, believes the Nifty could stage a meaningful recovery. Nevertheless, a failure to sustain above 24, 000 could rise bearishness and drag the index towards much lower levels. Therefore, long positions should be held with a strict stop-loss at 24, 000. Against this backdrop, shares of Hyundai Motor India, BSE, HEG, Ceigall India, Hexaware Technologies and a number of other businesses are probable to remain in focus in Thursday's trade after corporate developments. Hyundai Motor India.

Hyundai Motor India intends to rise vehicle rates by up to 1% throughout its portfolio, effective September 2026. The quantum of the growth will vary depending on the model and variant. The firm stated the cost revision has been necessitated by a combination of rising input and commodity costs, higher operational expenses and continuing geopolitical and macroeconomic uncertainties. Live Events.

Aditya Infotech's board on Wednesday approved raising funds through the issuance of securities by one or more permissible modes, including public matter(s), qualified institutional placement (QIP), or a combination thereof, subject to shareholder and regulatory approvals. The securities may be issued for an aggregate amount of up to ₹1, 500 crore, including any premium, at such cost or costs as may be permitted under applicable laws. The matter may be undertaken in one or more tranches. BSE.

BSE has entered into an agreement with MSCI for a number of its indexes. The exchange will explore the launch of futures and options contracts in India linked to these indexes, subject to regulatory approvals. BSE remarked the move will backing its role in further developing the Indian capital market. HEG.

Graphite electrode manufacturer HEG remarked the National Business Law Tribunal (NCLT), Indore Bench, has approved the Composite Scheme of Arrangement among HEG, HEG Graphite and Bhilwara Energy. The scheme will become effective once the certified copy of the order is received and filed with the Registrar of Firms.

Taken together, the developments around stocks to Watch: Hyundai India, BSE, HEG point to a situation that is still moving, and the coming days should bring more clarity.