The Indian benchmark indices opened in the red today, August 19, amid weak global cues. The BSE Sensex is trading down by nearly 300 points, hovering around the 76,900 level. Meanwhile, the NSE Nifty50 has slipped around 100 points to trade at 24,050. Metal and auto stocks are facing the maximum selling pressure in early trade. Shiprocket Shares Debut at 35% Premium Over IPO Price Shares of Shiprocket Limited made a stellar debut on the stock exchanges today, listing at a 35% premium over its IPO issue price of ₹97 per share. On the National Stock Exchange (NSE), the stock opened at ₹131, while on the Bombay Stock Exchange (BSE), it listed at ₹129.50, marking a 33.51% premium. This strong listing has delivered a handsome 35% return to allottees on day one. Gaja Alternative Asset Management IPO Opens Today to Raise ₹550 Crore The initial public offering (IPO) of Gaja Alternative Asset Management has opened for public subscription today, August 19. The company aims to raise ₹550 crore through this public issue. Investors can bid for the IPO until August 21. Mixed Trends in Asian Markets Asian markets showed mixed cues in today’s trading session: US Markets Closed Lower on August 18 Wall Street indices closed in the red in the previous session on August 18: FIIs Turn Net Sellers; Offload Shares Worth ₹886 Crore in 7 Days Foreign Institutional Investors (FIIs) have pulled out ₹886 crore from the Indian equity markets over the last seven trading sessions, while Domestic Institutional Investors (DIIs) continue to support the market. (Figures in ₹ Crore) Market Recap: Indices Ended Lower on August 18 In the previous trading session on August 18, the domestic market closed on a negative note. The Sensex ended 493 points lower at 77,235, while the Nifty shed 133 points to close at 24,155. Post navigation Earn ₹20,500 every month from Senior Citizens Savings Scheme:From minimum investment to interest – get all details here
