News Overview

Indian defence stocks rallied after the Ministry of Defence notified its 6th Positive Indigenisation List covering 405 items with an estimated business potential of ₹3,070 crore. Paras Defence, Zen Technologies, GRSE, Data Patterns and Dynamatic Technologies were among the stocks in focus. Here's what the announcement means for India's defence manufacturing sector and investors.

Groww shares fell as much as 4.02% after nearly 7.78 crore shares changed hands in two block deals worth around ₹1,500 crore. While the large transactions triggered selling pressure, Groww's operating momentum remains strong, with 70,119 active clients added in July and market share rising to 28.88%.

Nelco shares plunged 12.45% to ₹946.90 after the company announced a $20 million investment in Lunar Holdco, parent of pre-revenue Elveo Mobile. While the deal offers exposure to the emerging direct-to-device satellite market, investors are concerned about execution risk, uncertain equity ownership and the long timeline for commercial returns.

Paytm shares faced selling pressure after Resilient Asset Management proposed to sell up to a 4.98% stake in One97 Communications. The deal has a floor price of ₹1,535.10 per share and could be worth up to ₹4,895 crore. Here's what investors need to know about the block deal, Paytm's shareholding structure, stock performance and Q1 FY27 fundamentals.

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 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.

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.

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.

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.