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Mahendra Realtors and Infrastructure is set to debut on the NSE SME platform on Wednesday, following a Rs 49.45 crore IPO that was oversubscribed 25.15 times. Despite strong investor demand, the stock shows no grey market premium, suggesting a flat listing at Rs 85 per share.

Mangal Electrical Industries will introduc its initial public offering. The IPO aims to raise Rs 400 crore. It opened on Wednesday and will close on Friday. The company manufactures transformer components. The IPO proceeds will be used for debt repayment and expansion. Canara Bank Securities suggests subscribing to the IPO. Listing on NSE and BSE is expected on August 28.

Oil prices experienced a rise due to renewed supply concerns and the increasing likelihood of prolonged peace talks between Russia and Ukraine. Sanctions on Russian crude are expected to remain, potentially leading to further restrictions on buyers. A BP refinery in Indiana faced operational disruptions due to severe flooding, potentially impacting crude demand in the Midwest market.

Regaal Resources is set for a strong market debut on BSE and NSE this Wednesday, following an overwhelming 150 times oversubscription of its Rs 306 crore IPO. The IPO, which includes a fresh issue and an offer for sale, saw significant interest across all investor categories.

Investors interested in Dev Information Technology s stock split should buy shares today. August 21 is the record date. The company announced a 5:2 stock split, reducing the face value. This makes shares more affordable and increases liquidity. Buying shares tomorrow won t qualify for the split. Stock splits attract retail investors and boost trading volumes.

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

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Japanese government bonds are facing persistent pressure, with the 20-year debt declining for the eighth consecutive day following a weak auction. Concerns about Japan s rising debt levels and increased government deficit spending have pushed yields on super-long bonds to historic highs. The 20-year JGB yield edged up to 2.

Alok Agarwal of Alchemy Capital suggests focusing on high-growth sectors like consumer discretionary and chemicals. He is underweight on IT and FMCG. GST rationalization is expected to boost consumption. Electronic manufacturing and hospitals are showing strong growth. He is selectively positive on lenders but favors capital market plays. Midcaps offer better growth prospects than largecaps.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.