Hy-Tech Engineers IPO: The Rs 135.73-crore issue set to remain open until August 27. The IPO comprises a fresh issue of Rs 60 crore and an OFS worth Rs 75.73 crore. Its GMP currently signals a potential 47% listing premium, indicating strong investor interest. Allotment is expected on August 28, with listing tentatively scheduled for September 1.

Lenskart Solutions shares will be in focus Monday after SoftBank Vision Fund II Lightbulb Cayman reportedly launched a block deal to sell up to a 2.6% stake for around $300 million. The floor price is set at Rs 635 per share, a 4% discount to Friday’s close. The seller will face a 45-day lock-up on any residual stake sale.

SoftBank is gearing up for a historic bond issuance aimed at securing funding for its robust investments in artificial intelligence. This ambitious seven-year corporate bond aims to raise a staggering one trillion yen from individual investors. With a provisional coupon rate established, this marks SoftBank's largest issuance to date, as companies throughout Asia also ramp up spending to enhance their AI infrastructure. Final terms are anticipated soon.

Symbiotec Pharmalab’s Rs 1,757 crore IPO opens August 24, with a Rs 938–988 price band and 41% grey-market premium. The issue combines fresh shares and an OFS, while proceeds will partly repay debt. Its specialised API manufacturing, regulatory approvals and biotechnology capabilities offer investors exposure to India’s pharmaceutical manufacturing growth.

On August 21, five Nifty500 stocks that gained over 4% were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below, indicating strengthening price momentum and potential upward movement in the stocks.

The Rs 1,700-crore IPO, which opened for subscription on August 17 and closed on August 19, drew an exceptional response, with the issue subscribed 62.97 times overall. Investors placed bids for a substantial portion of the 6.27 crore shares on offer.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources

US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose "the toughest sanctions in history" on Iran. US President Donald Trump has also threatened sanctions against countries trading with Iran.

Nifty is currently oscillating within a wide trading range, necessitating a breakout to gain notable momentum. Analysts are providing tailored strategies for traders facing this market scenario. Recommended tactics include purchasing Nifty futures with protective hedges and implementing a buy-on-dips strategy for Bank Nifty. A selection of high-potential stocks is presented, focusing on distinct entry points, targets, and stop-loss levels.

The Rs 2,600-crore IPO comprised an entirely fresh issue of 43.34 crore shares, with the company fixing the price band at Rs 57–60 per share.

The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

The dollar is facing significant weakness, hovering close to multi-month lows as market participants await crucial details on sanctions and upcoming policy speeches. Canada's dollar dipped following a halt in trade negotiations, along with imposing tariffs from both sides. In contrast, the euro and yen stabilized, and the Australian and New Zealand dollars reached their highest points in three months. Investors are keenly eyeing speeches from U.S.

Gold prices have surged to a three-month high, driven by investor anticipation for upcoming US inflation data. The speech by Federal Reserve Chair Kevin Warsh is also a focal point, likely influencing interest rate outlooks. Furthermore, Poland's central bank has expanded its gold reserves, reflecting increased demand from the official sector.

Oil prices experienced a decline as investors braced for impending U.S. sanctions aimed at Iran. With these sanctions likely to create further disruptions in oil supply routes across the Middle East, anticipation builds. U.S. Treasury Secretary Scott Bessent is poised to unveil the most stringent sanctions to date. Meanwhile, Iran's leadership is split between choosing to de-escalate or confront these challenges. The impact of U.S.

Treasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs for the administration. However, yields quickly rebounded, indicating forces beyond his control. Record debt levels and increased corporate borrowing are pushing rates higher. Investors are reportedly acting on misinformation regarding the deficit situation.