Ahead on D-Street: New listings, FII mood & more; check key triggers for stock markets this week

livemint.com:

surged to a 15-month high at 7.44 per cent primarily driven by a rise in food prices especially vegetables, breaching the RBI's upper tolerance level of 6 per cent for the first time in five months. RBI in its August bulletin mentioned the industrial production and trade weakening, the slowing of global recovery after a robust performance in the April-June quarter. The Indian economy is gathering momentum in Q2FY24 with headline inflation expected to average above 6 per cent, said the central bank.

In the coming week, the RBI will release its MPC minutes of the meeting, which will throw light on the current economic backdrop. Going forward, the indicators will likely provide further cues to market movement. In the coming week, two initial public offerings (IPO) await the bourses in both main board segment.

These are as follows: Vishnu Prakash R Punglia IPO will open for subscription on Thursday, 24 August, and close on Monday, 28 August. Aeroflex Industries IPO: The Ashish Kacholia backed Aeroflex Industries Limited IPO opens for subscription on Tuesday, 22 August and closes on Thursday, 24 August. New listings: TVS Supply Chain Solutions shares are will be listed on BSE and NSE on Wednesday, 23 August.

Shelter Pharma shares will get listed on Wednesday, 23 August on BSE SME. Foreign institutional investors (FIIs) continue their selling streak on D-Street as Indian markets closed by extended losses for the second straight session, amid volatility on global and domestic headwinds. The domestic institutional investors (DIIs) were net buyers and invested ₹339.18 crore during Friday's session.