Pharma and biotechnology company Symbiotec Pharmalab is preparing to enter the primary market with a Rs. 1,757-cr. IPO, scheduled to open on August 24. The upcoming issue is among the larger offerings expected to reach investors later this month.
Pharma and biotechnology company Symbiotec Pharmalab is preparing to enter the primary market with a Rs. 1,757-cr. IPO, scheduled to open on August 24. The upcoming issue is among the larger offerings expected to reach investors later this month.
Date 19.08.2026
NIFTY OUTLOOK: 24154.90 FII 1651.53 cr DII 2579.31 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as continuation of selling pressure drift down the nifty upto 24154.9 i.e. near to our support of 24163
Reshuffle the portfolio after studying quarterly results and con-calls. If a stock shows no momentum for around 100 days, consider reducing the position and shifting capital towards stronger performers. Re-enter laggards when momentum returns, but always follow due diligence and risk management.
Indian equity benchmarks remained under pressure as geopolitical uncertainty and elevated crude prices continued to weigh on sentiment.
The US-Iran conflict has entered another uncertain phase after the deadline for a peace arrangement expired without a final agreement.
Crude oil prices moved sharply higher on Monday, gaining more than $2 a barrel, as investors grew concerned that the lack of progress between Washington and Tehran could prolong disruption around the Strait of Hormuz.
Shares of One97 Communications, the parent company of Paytm, are in focus after a large block transaction involving around 1.92 crore shares, equivalent to roughly 3% of the company, changed hands.
Cochin Shipyard reported a mixed Q1 FY27 performance, with consolidated revenue increasing about 2.4% YoY to Rs. 1,094.21 cr., while profit after tax declined nearly 19.4% to Rs. 151.45 cr. The weaker profitability was linked largely to a decline in ship-repair revenue.
Sun TV Network has attracted investor attention after reporting a strong Q1 FY27 performance. Consolidated net profit rose around 16% YoY to Rs. 611.97 cr., supported by income from its cricket franchise and other business operations.
Sunshine Pictures opens its mainboard IPO today, August 18. The issue has a price band of Rs. 342–360 per share and a total size of approximately Rs. 282.14 cr. The subscription window will remain open until August 20.
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