Indian equity markets opened lower on August 18, dragged down by losses in Realty and IT stocks. The BSE Sensex fell over 250 points to trade near the 77,500 level, while the NSE Nifty dropped 50 points to 24,200. Heavy selling in IT and Realty sectors Indian stock indices face fresh selling pressure in morning trading. The BSE Sensex is down by over 250 points and trades near 77,500. The NSE Nifty index dropped 50 points to trade around 24,200. Realty and Information Technology (IT) stocks are seeing the highest selling pressure among sectoral indices. Day two of Horizon Industrial and Lalita Jewellery IPOs Bidding for the initial public offerings (IPOs) of Horizon Industrial Parks and Lalita Jewellery Mart enters its second day today. Investors can apply for both issues until August 19. Horizon Industrial Parks plans to raise ₹2,600 crore through its public offer, while Lalita Jewellery Mart aims to raise ₹1,700 crore. Asian and US markets trade lower Key Asian market indices are trading lower today, reflecting weakness across global equities. This follows a decline in the US stock markets during the previous trading session on August 17. Asian Markets (August 18) US Markets (August 17) Institutional fund flow data Foreign Institutional Investors (FIIs) remain net sellers in the domestic market over recent sessions. Domestic Institutional Investors (DIIs) continue to buy shares, offering support to the market. Institutional Activity (in ₹ Crore) Previous session recap Indian markets ended lower in the previous trading session on August 17. The Sensex closed down by 280 points at 77,728, while the Nifty 50 dropped nearly 78 points to settle at 24,287. Post navigation Essential paperwork you must complete before launching your business:Mistakes to avoid while establishing startup Tata Sons likely to postpone AGM scheduled later today:Company rules require presence of at least 5 members for the event
