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Indian stock markets traded lower on August 18, 2026, as rising crude oil prices, US-Iran tensions, higher global bond yields and rupee weakness triggered a risk-off mood. Nifty 50 fell to 24,177.20 by 11:30 AM, while investors tracked NSE IPO developments, Lalithaa Jewellery Mart IPO subscription, ICICI Bank and key corporate updates.

Milky Mist Dairy Food shares made a strong stock market debut at ₹165, delivering an 18% listing gain over the ₹140 IPO price. The stock later touched ₹181.50, gaining 29.64% from the issue price.

Lalithaa Jewellery Mart IPO worth ₹1,700 crore opens on August 17 and closes on August 19, 2026. Check IPO price band, GMP, subscription status, allotment date, listing date, financials, valuation and key investor considerations.

Milky Mist Dairy Food IPO is set to list on NSE and BSE on August 18, 2026. The latest GMP of ₹19.5 indicates an expected listing price of ₹159.5 and a potential 13.93% gain over the ₹140 issue price.

Indian banking stocks traded lower after the RBI announced the early closure of its FCNR(B) swap facility. While banks have already mobilised over $52 billion, concerns around future dollar funding, rising bond yields, excess liquidity, crude oil prices and rupee weakness are weighing on investor sentiment.

Indian IT stocks came under pressure today, with the Nifty IT index declining more than 1.50%. Infosys, TCS, LTM, HCL Tech and Mphasis were among the major laggards. A weaker US dollar, rising crude oil prices, geopolitical uncertainty, profit booking and cautious global sentiment weighed on the sector. Here's a look at why IT stocks fell today and how mid-cap and small-cap IT stocks performed.

Shiprocket IPO allotment is scheduled for August 17, 2026, after the issue was subscribed 102.28 times. Check the latest GMP, estimated listing price, subscription status, allotment chances and steps to check your Shiprocket IPO allotment status online.

Sunshine Pictures IPO is a ₹282.14 crore book-built issue priced at ₹342–₹360 per share. Check Sunshine Pictures IPO GMP, subscription, financials, valuation, business model, strengths, risks and listing date.

Shankesh Jewellers IPO is a ₹367.18 crore book-built issue priced at ₹88–₹93 per share. Check Shankesh Jewellers IPO GMP, subscription, financial performance, valuation, key dates and important investor details.

Horizon Industrial Parks IPO is a ₹2,600.04 crore fresh issue priced at ₹57–₹60 per share. The IPO offers exposure to India's growing logistics and industrial infrastructure sector. Here's a detailed look at its GMP, subscription status, financial performance, valuation, business model, strengths and risks.