Upcoming IPOs: Milky Mist Dairy Food, Dhoot Transmission, Molbio Diagnostics & 5 Others Set to Open Next Week; 8 Listings Scheduled

The Indian primary market is gearing up for a busy week ahead. Multiple mainboard and SME issues are scheduled to open for subscription between August 10 and 14, 2026, while several companies are expected to make their stock market debut. Here is a complete look at the key IPOs opening next week and the listings lined up. Mainboard IPOs Opening Next Week 1. Dhoot Transmission The largest issue of the week, Dhoot Transmission aims to raise approximately ₹3,067 crore. The price band is set at ₹829–871 per share. Bidding opens on August 10 and closes on August 12. The issue includes a fresh component of ₹1,400 crore and an offer for sale of about ₹1,667 crore. Minimum lot size is 17 shares (around ₹14,807 at the upper end). Listing is tentatively scheduled for August 17. 2. Molbio Diagnostics Molbio Diagnostics will open on August 10 and close on August 12. The issue size is around ₹940 crore (₹200 crore fresh issue + ₹740 crore OFS). Price band: ₹768–807. Lot size is 18 shares (mi...
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Indian Markets Close in Red for Eighth Straight Session: NIFTY Near 24,600, SENSEX Around 80,000

Indian equity markets extended their losing streak to eight consecutive sessions on Tuesday, with the NIFTY50 closing at 24,611.10, down 23.80 points or 0.10%, and the SENSEX ending at 80,267.62, shedding 97.32 points or 0.12%. After a positive start, both indices turned volatile, trading near neutral lines as investors remained cautious ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decision, set to be announced on Wednesday. Persistent selling by Foreign Institutional Investors (FIIs) and concerns over potential U.S. tariffs further weighed on market sentiment.

Key Factors Influencing the Market

1. Indian Economy Growth Outlook

The Asian Development Bank (ADB) projects India’s economy to grow at 6.5% in FY26, despite a robust 7.8% growth in the first quarter. However, looming U.S. tariffs are expected to dampen export prospects, particularly in the second half of the financial year, contributing to cautious market sentiment.

2. Persistent FII Selling

FIIs continued their selling spree, offloading equities worth ₹2,831.59 crore on Monday, as per exchange data. This sustained outflow has added pressure on the Indian markets, with traders adopting a wait-and-watch approach.

3. Global Market Cues

Global markets presented a mixed picture. European markets traded mostly in the red, while Asian markets ended with mixed results. Uncertainty surrounding U.S. President Donald Trump’s proposed trade tariffs and fears of a U.S. government shutdown due to a partisan deadlock in Congress over spending and healthcare further clouded investor confidence.

Market Performance Highlights

  • SENSEX: Closed at 80,267.62, down 0.12% after trading between 80,201.15 and 80,677.82. Of the 30 stocks, 16 advanced, while 14 declined.

  • NIFTY50: Ended at 24,611.10, down 0.10%, with a trading range of 24,587.70 to 24,731.80. Out of 50 stocks, 25 advanced, 24 declined, and one remained unchanged.

  • Broader Indices: The BSE Midcap index gained 0.04%, and the Smallcap index rose 0.08%, reflecting resilience in smaller segments.

  • Sectoral Performance:

    • Gainers: Metal (+1.11%), Basic Materials (+0.65%), PSU (+0.60%), Auto (+0.30%), and Bankex (+0.22%).

    • Losers: Telecom (-0.93%), Realty (-0.79%), Consumer Durables (-0.78%), TECK (-0.50%), and FMCG (-0.39%).

What’s Next for Investors?

With the RBI’s MPC decision on the horizon, investors are keenly awaiting cues on interest rates and monetary policy stance, which could influence market direction. The ongoing FII outflows and global uncertainties, particularly around U.S. trade policies, are likely to keep volatility elevated. Sectoral rotation into metals, PSUs, and autos may offer selective opportunities, while defensive sectors like FMCG and telecom face pressure.

For now, a cautious approach with a focus on fundamentally strong stocks and sectors showing resilience, such as metals and banking, could be prudent. Stay tuned for updates on the RBI’s decision and its potential impact on market trends.

Disclaimer: Investing in the stock market involves risks. Always conduct thorough research or consult a financial advisor before making investment decisions.

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