On August 21, the SENSEX rose by 3.11 points or 0.004% to close at 77,540.83. The NIFTY50 edged higher by 20.15 points or 0.08% to end at 24,252.

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Dealers are also benefiting from a growing share of ancillary revenue from insurance, accessories, spares and servicing, which accounted for about 16% of revenues in FY26.

Fashion retail is often judged by brands, store count and premiumisation. But Trent shows that inventory efficiency can be an equally powerful moat. Its private-label model and tight supply-chain control help it move merchandise faster, freeing up cash for expansion while supporting margins and growth. The result is a repeatable retail playbook that has enabled Trent to consistently outpace peers.

The open interest data for coming weekly expiry suggests 24,500 as the strong resistance level, with the highest open interest on the call side. On the downside, 24,000 puts hold the highest open interest, suggesting strong support for the NIFTY50.

India is now the world's sixth-largest economy, with a GDP of around $3.96 trillion, according to the latest World Bank data.