
Allspring’s Miletti Sees Jackson Hole as Bigger Risk Than Nvidia
Allspring Global Investments’ Ann Miletti said Wall Street has more to worry about from next week’s Jackson Hole economic symposium than earnings from AI bellwether Nvidia Corp.
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Allspring Global Investments’ Ann Miletti said Wall Street has more to worry about from next week’s Jackson Hole economic symposium than earnings from AI bellwether Nvidia Corp.

Crude oil prices are set for a second weekly gain, driven by US sanctions on Iran aimed at economic isolation. Brent crude prices surpassed $94.71 per barrel, marking their highest in a month, as traders await details on this initiative amid escalating conflict in the Middle East.

Symbiotec Pharmalab is launching its IPO on August 24, aiming to raise ₹1,757 crore at a price band of ₹938– ₹988 per share. The offering will be open until August 27, with a minimum investment of ₹14,820 for retail investors.
As of 10:45 a.m. Eastern Time, the S P 500 rose 0.3%, the Dow Jones Industrial Average was up 0.6%, and the Nasdaq Composite was 0.2% higher.
Sebi's model draws on the experience of mutual fund distributors, who have helped expand mutual fund penetration beyond major urban centres.
The Sensex ended the week down 0.6%, while the Nifty declined 0.5%.

Shares of Saatvik Green Energy rose 4.5% to ₹419 after winning a ₹190 crore solar PV module order, marking its largest gain in over a month. Despite recent volatility, the stock has rebounded 22% from March lows but remains below its issue price.
US stock futures rose on 20 August as Wall Street sought to recover from a previous sell-off due to rising Treasury yields. The S P 500 and Dow Jones futures each gained 0.3%, while Nasdaq-100 futures increased 0.6%, despite concerns over inflation and national debt.

The stock ended higher for the second consecutive week. On the other hand, market benchmark Sensex ended flat on Friday, extending losses for the second consecutive week.

Indian stock markets concluded Friday's session subdued, impacted by high crude oil prices and rising global bond yields. The Nifty 50 and Sensex remained largely unchanged, marking their second consecutive week of losses amidst geopolitical tensions and fluctuating investor sentiment.

Augmont Enterprises IPO GMP today: According to market observers, the grey market is signalling 38% listing pop

MCX gold October futures were 0.17% up at ₹1,59,700 per 10 grams, while MCX silver September contracts were 0.48% up at ₹2,44,400 per kg around 9:15 PM.

The Indian rupee opened at 95.64 against the USD, affected by high crude oil prices and dollar demand. The RBI's interventions limit volatility, though geopolitical tensions and reduced Russian crude supplies raise import costs, putting further pressure on the rupee.

Religare Broking's Ajit Mishra highlights three stocks poised for growth in the upcoming weeks, including Shriram Finance and Nippon Life India. As market sentiments shift positively, traders may consider these investment opportunities while staying vigilant amid volatility.

Lumino Industries Limited sets IPO price band at ₹78-82 per share, with subscription from 27-31 August. Allocation to anchor investors on 25 August. 50% shares reserved for QIBs, 15% for NIIs, and 35% for retail investors. Listing expected on 3 September.

Andrew Left, the US short-seller whose early warnings on China Evergrande Group got him banned from trading in Hong Kong, isn’t in a gloating mood.

Buy or sell indicator: Vaishali Parekh recommends three stocks to buy today — Hindustan Zinc, DCB Bank, and Glenmark Pharma
The Indian stock market is likely to open flat on August 21, with mixed global cues. The Nifty 50 closed at 24,231.85, despite recent losses. Analysts recommend buying Dixon Technologies, Glenmark Pharmaceuticals, and Eternal shares, noting bullish trends in these stocks.

Indian stock markets are set to open flat on 21 August, following mixed global cues. The Nifty 50 closed higher after breaking a seven-session losing streak, while oil prices surged amid US sanctions against Iran, raising concerns over energy supply disruptions.
Indian stock markets, Sensex and Nifty 50, are expected to open flat on August 21, amid mixed global cues. The recent recovery snapped a seven-day losing streak, with the Sensex closing positively at 77,537.72, while caution persists in the near-term outlook.