_Markets open today_
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📊 *ECONOMY & POLICY*
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⚡ *India opens nuclear sector to private, foreign players*
Govt proposes a strict approval system letting private nuclear projects use foreign tech with a proven record, while keeping regulatory control.
Structural opening for capex-heavy energy and EPC names eyeing India’s nuclear buildout.
📎 _Read: NDTV Profit_
🏦 *India locks in 1.7 mt urea imports at steep discount*
A tender split across west and east coast ports drew bids for over 55 lakh tonnes against the quantity on offer.
Positive for the fiscal subsidy bill and a read-through for fertiliser-linked names.
📎 _Read: NDTV Profit_
⚡ *Battery storage build-out lags badly behind auctions*
Just 8.5 GWh of the 98 GWh auctioned is actually operational, hit by thin domestic manufacturing and grid instability.
A bottleneck worth tracking for BESS and renewable-capex plays betting on faster rollout.
📎 _Read: NDTV Profit_
⚡ *India’s Russian crude imports hit fresh record in July*
Russian oil made up 55.5% of India’s ~5 mbd crude imports in July, the highest since 2022, even as discounts to Brent have nearly vanished.
Keeps refiner margins supported but adds to sanctions-related headline risk for the trade.
📎 _Read: The Print (PTI) — substituted for BusinessLine, which blocks direct fetch; same underlying wire report_
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🏢 *COMPANIES*
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💡 *India Inc posts fastest Q1 revenue growth in 15 quarters*
Net sales for listed companies rose 18.4% YoY, but EBITDA margins (ex-BFSI) fell ~200bps as input costs outpaced revenue growth; banks, NBFCs and metals drove two-thirds of profit growth.
Margin trajectory matters more than the headline beat — track which sectors can hold pricing power into Q2.
📎 _Read: Business Standard_
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🌍 *GLOBAL & WORLD*
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🤝 *Iran, Oman edge closer to Hormuz shipping deal*
A “shipping map” accord would govern vessel traffic through the strait, which carries a fifth of global oil and gas.
A potential de-escalation catalyst that could cap the geopolitical risk premium currently baked into crude.
📎 _Read: Business Standard_
📉 *Jane Street took $15 billion hit in July on AI selloff*
The trading firm has still booked over $40 billion in revenue this year despite the loss; AI-focused fund Situational Awareness was forced to liquidate after margin calls.
A reminder of how crowded AI-linked positioning turned violent in July — relevant context for FII risk appetite toward EM/India tech-adjacent flows.
📎 _Read: Economic Times_
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_Compiled by InvestoScope · 17 Aug 2026_