Indian benchmark stock indices traded flat today as investors maintained a cautious approach. The Sensex is trading near 73,050, while the Nifty remains muted around the 22,700 mark. Selective buying is being seen in IT and FMCG stocks, which are offering support to the market. On the flip side, Pharma and Public Sector (PSU) Bank shares are facing selling pressure. Fusion CX IPO Opens Today The initial public offering (IPO) of Fusion CX opened for subscription today, October 14. Investors can place their bids for the issue until October 16. Key Details of the IPO: Price Band: ₹275 to ₹289 per share Lot Size: 51 shares Issue Size: The company aims to raise ₹702 crore through this public offer. Important IPO Dates: Global Cues: Mixed Signals from Asia, US Ends Lower Asian Markets Asian stock markets are showing mixed performance today. South Korea’s KOSPI led gains, rising nearly 1.5%, while Japan’s Nikkei also traded in the green. US Market Update (October 13 Close) US stock indices ended lower in the previous trading session, weighed down by general market weakness. FII vs DII Cash Flow: Domestic Funds Support Market Foreign Institutional Investors (FIIs) continue to pull money out of the Indian share market, selling over ₹19,500 crore in the past seven days. However, Domestic Institutional Investors (DIIs) have balanced this outflow by buying heavily and supporting the market. Net Institutional Flows (in ₹ Crore): Post navigation After Big Bazaar debacle, 7-Eleven shuts down all stores:Is quick commerce delivery killing India’s physical supermarket chain business Rising food prices may drive September wholesale inflation above 10%:How will this impact common man?
