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Indian benchmark indices snapped a two-day losing streak to end higher as the Sensex gained 331 points and Nifty reclaimed the 24,150 mark, driven by value buying in banking and IT stocks.

Taking Stock: Market bounces back; Sensex gains 331 points, Nifty climbs above 24,150- Moneycontrol.com Biggest Nifty gainers were TCS, Tech Mahindra, Infosys, Wipro, HCL Technologies, while losers included Asian Paints, Shriram Finance, ITC, ICICI Bank and UltraTech Cement.

India's industrial production (IIP) growth slowed to 6.7% year-on-year in July, moderated by a contraction in mining sector output alongside subdued manufacturing activity.

India's July industrial output growth slows to 6.7% y/y as mining contracts- Moneycontrol.com Output of consumer non-durables, such as food items and toiletries, fell 1% year-on-year in July against a revised 5.6% rise in the previous month.

ESDS Software Solution's ₹720 crore public issue opened for bidding with a price band of ₹408–₹429 per share, backed by key anchor allocations and strong investor interest.

ESDS Software Solution IPO fully subscribed within few hours of opening; should you apply? Check GMP - CNBC TV18 The ₹720-crore IPO received 102% subscription on the first day of bidding, with investors placing bids for more than 1.26 crore shares against 1.23 crore shares on offer, according to NSE data as of 12:30 pm.

The initial public offering of Lumino Industries saw robust bidding on its second day, getting subscribed 2.6 times led by strong interest from non-institutional and retail investors.

Lumino Industries IPO Day 2: Issue subscribed 2.60x so far; NIIs, retail investors lead demand Lumino Industries IPO Day 2: As per the latest NSE data, the IPO was subscribed 2.60 times so far, with the Rs 700 crore public issue seeing strong demand from retail investors and Non-Institutional Investors (NIIs). Check the category-wise subscription data:

Defence stocks, including Bharat Dynamics (BDL) and Hindustan Aeronautics (HAL), fell up to 4% after the Ministry of Defence introduced a relaxed General Export Licence framework to streamline export approvals.

BDL, HAL, other defence shares fall up to 4% as govt opens general export licence framework- Moneycontrol.com The Nifty Defence index snapped its rise in the previous session and fell around half a percent.

Capital markets regulator SEBI granted final approval to seven draft initial public offering proposals, including those of Jio Platforms, Paras Healthcare, and Bharat PET.

Jio Platforms, Paras Healthcare, Bharat PET, and 4 other IPOs receive SEBI approval- Moneycontrol.com Bharat PET, Sadbhav Futuretech, Paramotor Digital Technology, M K Sons Fine Jewels Jio Platforms, Paras Healthcare, and Pushp Brand (India) have approached the SEBI with their IPO documents during March to June period of this year.

Cloud service provider ESDS Software Solution raised ₹216 crore from anchor investors ahead of its ₹720 crore initial public offering opening on August 28.

ESDS Software Solution raises Rs 216 crore via anchor book, Rs 720-crore IPO to open on August 28- Moneycontrol.com ESDS Software Solution IPO | The company aims to raise Rs 720 crore through its initial public offering at the upper end of the price band of Rs 408-429 per share.

Wipro gained 2% on expanding its strategic partnership with Google Cloud, while Just Dial surged 10% after Kotak Institutional Equities reiterated its 'Buy' rating on the back of growth strategies under new leadership.

Price Action | Wipro gains 2% on Google Cloud partnership; Just Dial jumps 10% after Kotak retains ‘Buy’ rating- Moneycontrol.com Just Dial share price surged 10% after Kotak Institutional Equities retained its ‘Buy’ rating with a target price of Rs 1,175, following a management transition as Dinkar Ayilavarapu took over as CEO from founder VSS Mani.

Shares of Yatharth Hospital rose 4.5% following reports that Aster DM Healthcare and private equity firm Advent International are competing to acquire a controlling stake in the hospital chain.

Aster, Advent eye controlling stake in Yatharth Hospital, says report; shares rise 4.5%- Moneycontrol.com Yatharth Hospital, which has a strong presence in North India, is being viewed as a potential consolidation opportunity as private equity investors and large hospital chains step up acquisitions in the healthcare sector

HDFC Bank shares recovered after a recent fall as CEO tenure uncertainty is a key concern for the stock.

HDFC Bank stock rebounds after one-year low; Macquarie sees 62% upside but flags CEO uncertainty- Moneycontrol.com Macquarie retained its ‘Outperform’ rating on the lender with a target price of Rs 1,150. However, Macquarie flagged uncertainty over the tenure of chief executive Sashidhar Jagdishan as a key near-term overhang for the stock.